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Ares Dynamic Credit Allocation Fund, Xerox Corporation, Another 3 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Ares Dynamic Credit Allocation Fund (ARDC), Xerox Corporation (XRX), Pinnacle West Capital Corporation (PNW) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Ares Dynamic Credit Allocation Fund (ARDC) 11.64% 2024-04-20 23:47:05
Xerox Corporation (XRX) 7.14% 2024-04-28 03:21:20
Pinnacle West Capital Corporation (PNW) 4.72% 2024-04-24 19:07:06
Public Storage (PSA) 4.66% 2024-04-28 03:19:25
Immersion Corporation (IMMR) 2.5% 2024-04-28 19:43:06

A little less 2K companies listed in the Nasdaq and NYSE pay out dividends to its shareholders. The dividend yield is a dividend to price ratio showing how much a company pays out in dividends each year.

1. Ares Dynamic Credit Allocation Fund (ARDC) – Dividend Yield: 11.64%

Ares Dynamic Credit Allocation Fund’s last close was $13.87, 3.01% under its 52-week high of $14.30. Intraday change was 0.27%.

Ares Dynamic Credit Allocation Fund, Inc. is a closed-ended fixed income mutual fund launched by Ares Management LLC. The fund is managed by Ares Capital Management II LLC. It invests in the fixed income markets of Europe. The fund primarily invests in debt instruments such as senior loans made primarily to companies whose debt is rated below investment grade, corporate bonds that are primarily high yield issues rated below investment grade, debt securities issued by CLOs, and other fixed-income instruments. It focuses on such factors as the overall macroeconomic environment, financial markets, and company specific research and analysis, to create its portfolio. Ares Dynamic Credit Allocation Fund, Inc. was formed on November 27, 2012 and is domiciled in the United States.

Earnings Per Share

As for profitability, Ares Dynamic Credit Allocation Fund has a trailing twelve months EPS of $1.31.

PE Ratio

Ares Dynamic Credit Allocation Fund has a trailing twelve months price to earnings ratio of 10.59. Meaning, the purchaser of the share is investing $10.59 for every dollar of annual earnings.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Oct 19, 2023, the estimated forward annual dividend rate is 1.41 and the estimated forward annual dividend yield is 11.64%.

Volume

Today’s last reported volume for Ares Dynamic Credit Allocation Fund is 58995 which is 41.87% below its average volume of 101493.

Moving Average

Ares Dynamic Credit Allocation Fund’s worth is below its 50-day moving average of $13.94 and above its 200-day moving average of $13.13.

Yearly Top and Bottom Value

Ares Dynamic Credit Allocation Fund’s stock is valued at $13.87 at 20:15 EST, under its 52-week high of $14.30 and way above its 52-week low of $11.56.

More news about Ares Dynamic Credit Allocation Fund.

2. Xerox Corporation (XRX) – Dividend Yield: 7.14%

Xerox Corporation’s last close was $13.39, 32.31% under its 52-week high of $19.78. Intraday change was -2.26%.

Xerox Holdings Corporation, together with its subsidiaries, operates as a workplace technology company that integrates hardware, services, and software for enterprises in the Americas, Europe, the Middle East, Africa, India, and internationally. The company operates through two segments, Print and Other; and FITTLE. The Print and Other segment designs, develops, and sells document systems, solutions, and services; and IT and software products and services. The FITTLE segment offers financing solutions for direct channel customer purchases; and lease financing to end-users. It also offers workplace solutions comprising desktop monochrome, color, and multifunction printers, and ConnectKey software; digital printing presses and light production devices; and digital services that support workflow automation, personalization and communication software, content management solutions, and digitization services. In addition, the company provides graphic communications, in-plant, and production solutions; FreeFlow, a software solutions for the automation and integration of processing of print job comprising file preparation, final production, and electronic publishing; and IT services, end user computing devices, network infrastructure, and communications technology, as well as technology product support, professional engineering, and commercial robotic process automation. Further, it sells paper products and standalone software, such as CareAR, DocuShare, and XMPie; and invests in startups. The company sells its products through its direct sales force, distributors, independent agents, dealers, value-added resellers, systems integrators, and e-commerce marketplaces. The company was formerly known as Xerox Corporation and changed its name to Xerox Holdings Corporation in August 2019. Xerox Holdings Corporation was founded in 1903 and is headquartered in Norwalk, Connecticut.

Earnings Per Share

As for profitability, Xerox Corporation has a trailing twelve months EPS of $-0.09.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -5.81%.

Sales Growth

Xerox Corporation’s sales growth is negative 6.8% for the current quarter and negative 2.3% for the next.

Volume

Today’s last reported volume for Xerox Corporation is 1991510 which is 15.64% below its average volume of 2360910.

Moving Average

Xerox Corporation’s worth is under its 50-day moving average of $17.25 and above its 200-day moving average of $16.10.

Yearly Top and Bottom Value

Xerox Corporation’s stock is valued at $16.85 at 20:15 EST, way below its 52-week high of $19.78 and way higher than its 52-week low of $12.06.

More news about Xerox Corporation.

3. Pinnacle West Capital Corporation (PNW) – Dividend Yield: 4.72%

Pinnacle West Capital Corporation’s last close was $74.54, 13.36% under its 52-week high of $86.03. Intraday change was 0.05%.

Pinnacle West Capital Corporation, through its subsidiary, Arizona Public Service Company, provides retail and wholesale electric services primarily in the state of Arizona. The company engages in the generation, transmission, and distribution of electricity using coal, nuclear, gas, oil, and solar generating facilities. Its transmission facilities include overhead lines and underground lines; and distribution facilities, as well as owns and maintains transmission and distribution substations. The company was incorporated in 1985 and is headquartered in Phoenix, Arizona.

Earnings Per Share

As for profitability, Pinnacle West Capital Corporation has a trailing twelve months EPS of $4.41.

PE Ratio

Pinnacle West Capital Corporation has a trailing twelve months price to earnings ratio of 16.9. Meaning, the purchaser of the share is investing $16.9 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 8.34%.

Moving Average

Pinnacle West Capital Corporation’s worth is higher than its 50-day moving average of $71.34 and higher than its 200-day moving average of $74.20.

Yearly Top and Bottom Value

Pinnacle West Capital Corporation’s stock is valued at $74.54 at 20:15 EST, way under its 52-week high of $86.03 and way above its 52-week low of $65.20.

Sales Growth

Pinnacle West Capital Corporation’s sales growth is 23% for the present quarter and 1.2% for the next.

Volume

Today’s last reported volume for Pinnacle West Capital Corporation is 913808 which is 34.02% below its average volume of 1385130.

More news about Pinnacle West Capital Corporation.

4. Public Storage (PSA) – Dividend Yield: 4.66%

Public Storage’s last close was $263.93, 15.47% below its 52-week high of $312.25. Intraday change was -1.1%.

Public Storage, a member of the S&P 500 and FT Global 500, is a REIT that primarily acquires, develops, owns, and operates self-storage facilities. At December 31, 2023, we had: (i) interests in 3,044 self-storage facilities located in 40 states with approximately 218 million net rentable square feet in the United States and (ii) a 35% common equity interest in Shurgard Self Storage Limited (Euronext Brussels: SHUR), which owned 275 self-storage facilities located in seven Western European nations with approximately 15 million net rentable square feet operated under the Shurgard brand. Our headquarters are located in Glendale, California.

Earnings Per Share

As for profitability, Public Storage has a trailing twelve months EPS of $11.06.

PE Ratio

Public Storage has a trailing twelve months price to earnings ratio of 24.61. Meaning, the purchaser of the share is investing $24.61 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 21.31%.

Volatility

Public Storage’s last week, last month’s, and last quarter’s current intraday variation average was a positive 0.32%, a negative 0.38%, and a positive 1.19%.

Public Storage’s highest amplitude of average volatility was 1.21% (last week), 1.15% (last month), and 1.19% (last quarter).

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is a negative 6.8% and a negative 11.3%, respectively.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Mar 12, 2024, the estimated forward annual dividend rate is 12 and the estimated forward annual dividend yield is 4.66%.

Moving Average

Public Storage’s worth is below its 50-day moving average of $278.60 and under its 200-day moving average of $276.24.

More news about Public Storage.

5. Immersion Corporation (IMMR) – Dividend Yield: 2.5%

Immersion Corporation’s last close was $7.19, 16.59% under its 52-week high of $8.62. Intraday change was 0.84%.

Immersion Corporation, together with its subsidiaries, creates, designs, develop, and licenses haptic technologies that allow people to use their sense of touch to engage with and experience various digital products in North America, Europe, and Asia. The company provides technology, patent, and combined licenses. It also provides software development kits (SDKs) comprising tools, integration software, and effect libraries that allow for the design, encoding, and playback of tactile effects. In addition, the company offers reference designs and reference technology, engineering and integration services, and software and firmware services. It serves mobile communications, wearables, and consumer electronics; gaming and virtual reality (VR); automotive; and other markets. Immersion Corporation was incorporated in 1993 and is headquartered in Aventura, Florida.

Earnings Per Share

As for profitability, Immersion Corporation has a trailing twelve months EPS of $1.04.

PE Ratio

Immersion Corporation has a trailing twelve months price to earnings ratio of 6.91. Meaning, the purchaser of the share is investing $6.91 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 19.94%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 13.3%, now sitting on 33.92M for the twelve trailing months.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is a negative 51.5% and a negative 42.9%, respectively.

Moving Average

Immersion Corporation’s worth is below its 50-day moving average of $7.25 and higher than its 200-day moving average of $6.93.

More news about Immersion Corporation.

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