Avenue Income Credit Strategies Fund, ARMOUR Residential REIT, Another 3 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Avenue Income Credit Strategies Fund (ACP), ARMOUR Residential REIT (ARR), Investcorp Credit Management BDC (ICMB) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Avenue Income Credit Strategies Fund (ACP) 17.57% 2024-06-13 13:23:06
ARMOUR Residential REIT (ARR) 14.87% 2024-06-13 19:47:05
Investcorp Credit Management BDC (ICMB) 14.77% 2024-06-10 03:14:05
Rexford Industrial Realty (REXR) 3.73% 2024-06-17 17:08:06
PBF Energy (PBF) 2.27% 2024-06-17 07:43:05

Almost 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. Avenue Income Credit Strategies Fund (ACP) – Dividend Yield: 17.57%

Avenue Income Credit Strategies Fund’s last close was $6.83, 4.74% below its 52-week high of $7.17. Intraday change was -0.51%.

Avenue Income Credit Strategies Fund is a closed-ended fixed income fund launched and managed by Aberdeen Asset Managers Limited. It is co-managed by Aberdeen Standard Investments Inc. The fund invests in fixed income markets across the globe. It seeks to invest primarily in loan and debt instruments. Avenue Income Credit Strategies Fund was formed on October 12, 2010 and is domiciled in the United States.

Earnings Per Share

As for profitability, Avenue Income Credit Strategies Fund has a trailing twelve months EPS of $1.04.

PE Ratio

Avenue Income Credit Strategies Fund has a trailing twelve months price to earnings ratio of 6.53. Meaning, the purchaser of the share is investing $6.53 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 10.32%.

Moving Average

Avenue Income Credit Strategies Fund’s worth is above its 50-day moving average of $6.71 and above its 200-day moving average of $6.65.

More news about Avenue Income Credit Strategies Fund.

2. ARMOUR Residential REIT (ARR) – Dividend Yield: 14.87%

ARMOUR Residential REIT’s last close was $19.57, 27.52% below its 52-week high of $27.00. Intraday change was 1.03%.

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%.

More news about ARMOUR Residential REIT.

3. Investcorp Credit Management BDC (ICMB) – Dividend Yield: 14.77%

Investcorp Credit Management BDC’s last close was $3.25, 27.78% under its 52-week high of $4.50. Intraday change was 0%.

CM Finance Inc. is a business development company specializing in loan, mezzanine, middle market, growth capital, and recapitalization investments. The fund typically invests in United States and Europe. Within United States, the fund seeks to invest in Midatlantic, Midwest, Northeast, Southeast, and West Coast regions. The fund primarily invests in cable and satellites; consumer services; healthcare equipment and services; industrials; information technology; telecommunication services; and utilities sectors. The fund seeks to invest in companies with EBITDA more than $15 million. The fund is based in New York, New York.

Earnings Per Share

As for profitability, Investcorp Credit Management BDC has a trailing twelve months EPS of $-0.01.

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 -0.09%.

More news about Investcorp Credit Management BDC.

4. Rexford Industrial Realty (REXR) – Dividend Yield: 3.73%

Rexford Industrial Realty’s last close was $44.83, 22.73% below its 52-week high of $58.02. Intraday change was 0.56%.

Rexford Industrial creates value by investing in, operating and redeveloping industrial properties throughout infill Southern California, the world's fourth largest industrial market and consistently the highest-demand with lowest-supply major market in the nation. The Company's highly differentiated strategy enables internal and external growth opportunities through its proprietary value creation and asset management capabilities. Rexford Industrial's high-quality, irreplaceable portfolio comprises 371 properties with approximately 45.0 million rentable square feet occupied by a stable and diverse tenant base. Structured as a real estate investment trust (REIT) listed on the New York Stock Exchange under the ticker "REXR," Rexford Industrial is an S&P MidCap 400 Index member.

Earnings Per Share

As for profitability, Rexford Industrial Realty has a trailing twelve months EPS of $1.09.

PE Ratio

Rexford Industrial Realty has a trailing twelve months price to earnings ratio of 41.36. Meaning, the purchaser of the share is investing $41.36 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 3.13%.

Sales Growth

Rexford Industrial Realty’s sales growth for the next quarter is 15.1%.

Volume

Today’s last reported volume for Rexford Industrial Realty is 694761 which is 65.4% below its average volume of 2008470.

Moving Average

Rexford Industrial Realty’s worth is above its 50-day moving average of $44.84 and under its 200-day moving average of $49.45.

More news about Rexford Industrial Realty.

5. PBF Energy (PBF) – Dividend Yield: 2.27%

PBF Energy’s last close was $43.96, 30.09% under its 52-week high of $62.88. Intraday change was -2.2%.

PBF Energy Inc., together with its subsidiaries, engages in refining and supplying petroleum products. The company operates in two segments, Refining and Logistics. It produces gasoline, ultra-low-sulfur diesel, heating oil, diesel fuel, jet fuel, lubricants, petrochemicals, and asphalt, as well as unbranded transportation fuels, petrochemical feedstocks, blending components, and other petroleum products from crude oil. The company sells its products in Northeast, Midwest, Gulf Coast, and West Coast of the United States, as well as in other regions of the United States, Canada, and Mexico. It also offers various rail, truck, and marine terminaling services, as well as pipeline transportation and storage services. PBF Energy Inc. was founded in 2008 and is based in Parsippany, New Jersey.

Earnings Per Share

As for profitability, PBF Energy has a trailing twelve months EPS of $14.52.

PE Ratio

PBF Energy has a trailing twelve months price to earnings ratio of 3.03. Meaning, the purchaser of the share is investing $3.03 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 31.75%.

Sales Growth

PBF Energy’s sales growth is negative 3.1% for the present quarter and negative 14.6% for the next.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on May 15, 2024, the estimated forward annual dividend rate is 1 and the estimated forward annual dividend yield is 2.27%.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is a negative 6.1% and a negative 60.7%, respectively.

More news about PBF Energy.

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