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ARMOUR Residential REIT, Principal Real Estate Income Fund, Another 6 Companies Have A High Estimated Dividend Yield

(VIANEWS) – ARMOUR Residential REIT (ARR), Principal Real Estate Income Fund (PGZ), Western Asset Mortgage Defined Opportunity Fund (DMO) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
ARMOUR Residential REIT (ARR) 15.09% 2024-05-09 01:41:06
Principal Real Estate Income Fund (PGZ) 14.58% 2024-05-12 15:47:05
Western Asset Mortgage Defined Opportunity Fund (DMO) 12.82% 2024-05-10 03:13:05
Calamos Convertible and High Income Fund (CHY) 10.58% 2024-04-27 07:41:05
Comp Energetica de Minas Gerais (CIG) 9.41% 2024-05-09 17:12:05
Bank Nova Scotia Halifax (BNS) 6.63% 2024-05-12 03:09:46
Sierra Bancorp (BSRR) 4.06% 2024-05-15 02:23:05
Paychex (PAYX) 3.2% 2024-05-12 03:13:41

Close to 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. ARMOUR Residential REIT (ARR) – Dividend Yield: 15.09%

ARMOUR Residential REIT’s last close was $19.08, 29.33% below its 52-week high of $27.00. Intraday change was 0.42%.

ARMOUR Residential REIT, Inc. invests in residential mortgage backed securities (MBS) in the United States. The company's securities portfolio primarily consists of the United States Government-sponsored entity's (GSE) and the Government National Mortgage Administration's issued or guaranteed securities backed by fixed rate, hybrid adjustable rate, and adjustable rate home loans, as well as unsecured notes and bonds issued by the GSE and the United States treasuries; and money market instruments. It also invests in other securities backed by residential mortgages for which the payment of principal and interest is not guaranteed by a GSE or government agency. The company has elected to be taxed as a real estate investment trust under the Internal Revenue Code. As a result, it would not be subject to corporate income tax on that portion of its net income that is distributed to shareholders. ARMOUR Residential REIT, Inc. was founded in 2008 and is based in Vero Beach, Florida.

Earnings Per Share

As for profitability, ARMOUR Residential REIT has a trailing twelve months EPS of $-0.67.

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 -1.79%.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on May 14, 2024, the estimated forward annual dividend rate is 2.88 and the estimated forward annual dividend yield is 15.09%.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is a negative 17.4% and a negative 11.1%, respectively.

Volume

Today’s last reported volume for ARMOUR Residential REIT is 584410 which is 48.25% below its average volume of 1129440.

Yearly Top and Bottom Value

ARMOUR Residential REIT’s stock is valued at $19.08 at 10:15 EST, way under its 52-week high of $27.00 and way above its 52-week low of $13.32.

More news about ARMOUR Residential REIT.

2. Principal Real Estate Income Fund (PGZ) – Dividend Yield: 14.58%

Principal Real Estate Income Fund’s last close was $10.14, 4.25% under its 52-week high of $10.59. Intraday change was 0.2%.

Principal Real Estate Income Fund is a closed ended balanced mutual fund launched and managed by ALPS Advisers, Inc. It is co-managed by Principal Real Estate Investors, LLC. The fund invests in public equity and fixed income markets of the United States. It seeks to invest in commercial mortgage backed securities, real estate investment trusts and REIT-like entities. The fund invests in value stocks of companies. It uses financial derivatives such as credit default swaps, interest rate swaps, caps, floors and collars, currency futures and forwards, rate forwards, and interest rate futures to invest in securities. The fund employs fundamental analysis with a combination of top-down and bottom-up stock picking approach while focusing on factors such as macro outlook on the economy, real estate cycle and real estate fundamentals, shorter-term tactical allocation shifts upon a continual assessment of market valuations, quantitative, analysis, and technical indicators to create it portfolio. Principal Real Estate Income Fund was formed on August 31, 2012 and is domiciled in the United States.

Earnings Per Share

As for profitability, Principal Real Estate Income Fund has a trailing twelve months EPS of $-3.65.

Moving Average

Principal Real Estate Income Fund’s value is higher than its 50-day moving average of $10.12 and higher than its 200-day moving average of $9.57.

Volatility

Principal Real Estate Income Fund’s last week, last month’s, and last quarter’s current intraday variation average was 0.50%, 0.21%, and 0.67%.

Principal Real Estate Income Fund’s highest amplitude of average volatility was 0.50% (last week), 0.55% (last month), and 0.67% (last quarter).

More news about Principal Real Estate Income Fund.

3. Western Asset Mortgage Defined Opportunity Fund (DMO) – Dividend Yield: 12.82%

Western Asset Mortgage Defined Opportunity Fund’s last close was $11.70, 1.93% below its 52-week high of $11.93. Intraday change was -0.11%.

Western Asset Mortgage Opportunity Fund Inc. is a closed ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. The fund is co-managed Western Asset Management Company and Western Asset Management Company Limited. It invests in the fixed income markets of the United States. The fund invests primarily in mortgage-backed securities. It employs intensive proprietary research to create its portfolio. The fund benchmarks the performance of its portfolio against the BofA Merrill Lynch U.S. Floating Rate Home Equity Loan Asset Backed Securities Index. Western Asset Mortgage Opportunity Fund Inc. was formed on December 11, 2009 and is domiciled in the United States.

Earnings Per Share

As for profitability, Western Asset Mortgage Defined Opportunity Fund has a trailing twelve months EPS of $1.21.

PE Ratio

Western Asset Mortgage Defined Opportunity Fund has a trailing twelve months price to earnings ratio of 9.67. Meaning, the purchaser of the share is investing $9.67 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 10.02%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 29.5%, now sitting on 22.09M for the twelve trailing months.

Moving Average

Western Asset Mortgage Defined Opportunity Fund’s value is higher than its 50-day moving average of $11.56 and higher than its 200-day moving average of $11.08.

Volatility

Western Asset Mortgage Defined Opportunity Fund’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.09%, a positive 0.25%, and a positive 0.57%.

Western Asset Mortgage Defined Opportunity Fund’s highest amplitude of average volatility was 0.09% (last week), 0.65% (last month), and 0.57% (last quarter).

More news about Western Asset Mortgage Defined Opportunity Fund.

4. Calamos Convertible and High Income Fund (CHY) – Dividend Yield: 10.58%

Calamos Convertible and High Income Fund’s last close was $11.34, 6.74% under its 52-week high of $12.16. Intraday change was 0%.

Calamos Convertible and High Income Fund is a closed ended fixed income mutual fund launched by Calamos Investments LLC. It is managed by Calamos Advisors LLC. The fund invests in the fixed income markets of the United States. It primarily invests in a diversified portfolio of convertible securities and high yield corporate bonds rated Ba or lower by Moody's or BB or lower by Standard & Poor's. The fund employs both fundamental and quantitative analysis to create its portfolio. Calamos Convertible and High Income Fund was formed on March 12, 2003 and is domiciled in the United States.

Earnings Per Share

As for profitability, Calamos Convertible and High Income Fund has a trailing twelve months EPS of $-0.12.

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 -1.25%.

Moving Average

Calamos Convertible and High Income Fund’s value is below its 50-day moving average of $11.70 and below its 200-day moving average of $11.45.

More news about Calamos Convertible and High Income Fund.

5. Comp Energetica de Minas Gerais (CIG) – Dividend Yield: 9.41%

Comp Energetica de Minas Gerais’s last close was $2.58, 6.18% under its 52-week high of $2.75. Intraday change was -0.78%.

Companhia Energética de Minas Gerais, through its subsidiaries, engages in the generation, transmission, distribution, and sale of energy in Brazil. As of December 31, 2020, the company operated 89 hydroelectric, wind, and solar plants with an installed capacity of 6,000 MW; 339,086 miles of distribution lines; and as of January 27, 2021, it operated 4,374 miles of transmission lines. It is also involved in the acquisition, transportation, and distribution of gas and its sub products and derivatives; provision of cloud solution, IT infrastructure, IT management, and cybersecurity services; provision of technology systems and systems for operational management of public service concessions; sale and trading of energy; provision of telecommunications services; and distributed generation, account services, cogeneration, energy efficiency, and supply and storage management activities. The company was incorporated in 1952 and is headquartered in Belo Horizonte, Brazil.

Earnings Per Share

As for profitability, Comp Energetica de Minas Gerais has a trailing twelve months EPS of $0.52.

PE Ratio

Comp Energetica de Minas Gerais has a trailing twelve months price to earnings ratio of 4.92. Meaning, the purchaser of the share is investing $4.92 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 24.84%.

Moving Average

Comp Energetica de Minas Gerais’s worth is higher than its 50-day moving average of $2.44 and above its 200-day moving average of $2.40.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on May 2, 2024, the estimated forward annual dividend rate is 0.24 and the estimated forward annual dividend yield is 9.41%.

Volume

Today’s last reported volume for Comp Energetica de Minas Gerais is 836650 which is 66.63% below its average volume of 2507240.

More news about Comp Energetica de Minas Gerais.

6. Bank Nova Scotia Halifax (BNS) – Dividend Yield: 6.63%

Bank Nova Scotia Halifax’s last close was $48.01, 7.64% under its 52-week high of $51.98. Intraday change was -1.59%.

The Bank of Nova Scotia provides various banking products and services in Canada, the United States, Mexico, Peru, Chile, Colombia, the Caribbean and Central America, and internationally. It operates through Canadian Banking, International Banking, Global Wealth Management, and Global Banking and Markets segments. The company offers financial advice and solutions, and banking products, including debit and credit cards, chequing and saving accounts, investments, mortgages, loans, and insurance to individuals; and retail automotive financing solutions. It also provides business banking solutions comprising lending, deposit, cash management, and trade finance solutions to small, medium, and large businesses. In addition, it provides wealth management advice and solutions, including online brokerage, mobile investment, full-service brokerage, trust, private banking, and private investment counsel services; and retail mutual funds, exchange traded funds, liquid alternatives, and institutional funds. The Bank of Nova Scotia was founded in 1832 and is headquartered in Toronto, Canada.

Earnings Per Share

As for profitability, Bank Nova Scotia Halifax has a trailing twelve months EPS of $4.5.

PE Ratio

Bank Nova Scotia Halifax has a trailing twelve months price to earnings ratio of 10.71. Meaning, the purchaser of the share is investing $10.71 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 10.2%.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is a negative 12.4% and a negative 4%, respectively.

Volume

Today’s last reported volume for Bank Nova Scotia Halifax is 2508700 which is 18.63% above its average volume of 2114680.

More news about Bank Nova Scotia Halifax.

7. Sierra Bancorp (BSRR) – Dividend Yield: 4.06%

Sierra Bancorp’s last close was $22.66, 2.37% below its 52-week high of $23.21. Intraday change was 3.85%.

Sierra Bancorp operates as the bank holding company for Bank of the Sierra that provides retail and commercial banking services to individuals and businesses in California. The company accepts various deposit products, such as checking accounts, savings accounts, money market demand accounts, time deposits, retirement accounts, and sweep accounts. Its loan products include agricultural, commercial, consumer, real estate, construction, and mortgage loans. The company also offers automated teller machines; electronic point-of-sale payment alternatives; online and automated telephone banking services; and remote deposit capture and automated payroll services for business customers. As of December 31, 2021, it operated 35 full-service branches, an online branch, a loan production office, an agricultural credit center, and an SBA center. Sierra Bancorp was founded in 1977 and is headquartered in Porterville, California.

Earnings Per Share

As for profitability, Sierra Bancorp has a trailing twelve months EPS of $2.42.

PE Ratio

Sierra Bancorp has a trailing twelve months price to earnings ratio of 9.36. Meaning, the purchaser of the share is investing $9.36 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 10.86%.

Volume

Today’s last reported volume for Sierra Bancorp is 15915 which is 44.1% below its average volume of 28472.

More news about Sierra Bancorp.

8. Paychex (PAYX) – Dividend Yield: 3.2%

Paychex’s last close was $123.71, 4.62% below its 52-week high of $129.70. Intraday change was -1%.

Paychex, Inc. provides integrated human capital management solutions for human resources (HR), payroll, benefits, and insurance services for small to medium-sized businesses in the United States, Europe, and India. It offers payroll processing services; payroll tax administration services; employee payment services; and regulatory compliance services, such as new-hire reporting and garnishment processing. The company also provides HR solutions, including payroll, employer compliance, HR and employee benefits administration, risk management outsourcing, and the on-site availability of a professionally trained HR representative; and retirement services administration, including plan implementation, ongoing compliance with government regulations, employee and employer reporting, participant and employer online access, electronic funds transfer, and other administrative services. In addition, it offers cloud-based HR administration software products for employee benefits management and administration, time and attendance, digital communication solutions, recruiting, and onboarding solutions; plan administration outsourcing and state unemployment insurance services; various business services to small to medium-sized businesses comprising payroll funding and outsourcing services, which include payroll processing, invoicing, and tax preparation; and payment processing services, financial fitness programs, and a small-business loan resource center. Further, the company provides insurance services for property and casualty coverage, such as workers' compensation, business-owner policies, cyber security protection, and commercial auto, as well as health and benefits coverage, including health, dental, vision, and life. It markets and sells its services primarily through its direct sales force. The company was founded in 1971 and is headquartered in Rochester, New York.

Earnings Per Share

As for profitability, Paychex has a trailing twelve months EPS of $4.58.

PE Ratio

Paychex has a trailing twelve months price to earnings ratio of 26.86. Meaning, the purchaser of the share is investing $26.86 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 46.47%.

More news about Paychex.

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