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Avenue Income Credit Strategies Fund, Sotherly Hotels, Another 7 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Avenue Income Credit Strategies Fund (ACP), Sotherly Hotels (SOHON), Flaherty & Crumrine Total Return Fund (FLC) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Avenue Income Credit Strategies Fund (ACP) 14.85% 2023-03-08 19:41:16
Sotherly Hotels (SOHON) 8.28% 2023-03-07 19:06:09
Flaherty & Crumrine Total Return Fund (FLC) 8.09% 2023-03-10 15:15:09
W.P. Carey REIT (WPC) 5.19% 2023-02-24 05:09:08
Kimball International (KBAL) 5.12% 2023-02-27 11:07:09
Blackrock MuniYield Fund (MYD) 4.17% 2023-03-12 03:08:08
Cohn & Steers (CNS) 2.99% 2023-03-09 19:48:17
Paychex (PAYX) 2.75% 2023-03-12 08:02:32
Chemung Financial Corp (CHMG) 2.46% 2023-02-25 11:14:13

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. Avenue Income Credit Strategies Fund (ACP) – Dividend Yield: 14.85%

Avenue Income Credit Strategies Fund’s last close was $7.51, 24.29% under its 52-week high of $9.92. Intraday change was -0.53%.

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 $-0.23.

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 -24.39%.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Jan 22, 2023, the estimated forward annual dividend rate is 1.2 and the estimated forward annual dividend yield is 14.85%.

More news about Avenue Income Credit Strategies Fund.

2. Sotherly Hotels (SOHON) – Dividend Yield: 8.28%

Sotherly Hotels’s last close was $24.93, 5.57% below its 52-week high of $26.40. Intraday change was 0.16%.

Sotherly Hotels Inc. is a self-managed and self-administered lodging REIT focused on the acquisition, renovation, upbranding and repositioning of upscale to upper-upscale full-service hotels in the Southern United States. Currently, the Company's portfolio consists of investments in twelve hotel properties, comprising 3,156 rooms, as well as interests in two condominium hotels and their associated rental programs. The Company owns hotels that operate under the Hilton Worldwide, Hyatt Hotels Corporation, and Marriott International, Inc. brands, as well as independent hotels. Sotherly Hotels Inc. was organized in 2004 and is headquartered in Williamsburg, Virginia.

Earnings Per Share

As for profitability, Sotherly Hotels has a trailing twelve months EPS of $-1.66.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 99.85%.

More news about Sotherly Hotels.

3. Flaherty & Crumrine Total Return Fund (FLC) – Dividend Yield: 8.09%

Flaherty & Crumrine Total Return Fund’s last close was $15.95, 21.47% below its 52-week high of $20.31. Intraday change was -2.95%.

Flaherty & Crumrine Total Return Fund Inc. is a closed-ended balanced mutual fund launched and managed by Flaherty & Crumrine Incorporated. The fund invests in the public equity and fixed income markets of the United States. It seeks to invest in stocks of companies operating across utilities and banking sectors. The fund primarily invests in investment-grade securities consisting of preferred securities and other income-producing securities comprising of various debt securities. It benchmarks the performance of its portfolio against the Barclays Capital U.S. Aggregate Index and the S&P 500 Index. The fund was formerly known as Flaherty & Crumrine/Claymore Total Return Fund, Inc. Flaherty & Crumrine Total Return Fund Inc. was formed on August 26, 2003 and is domiciled in the United States.

Earnings Per Share

As for profitability, Flaherty & Crumrine Total Return Fund has a trailing twelve months EPS of $-3.43.

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 -17.89%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 3%, now sitting on 19.69M for the twelve trailing months.

Volume

Today’s last reported volume for Flaherty & Crumrine Total Return Fund is 44981 which is 51.42% above its average volume of 29706.

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4. W.P. Carey REIT (WPC) – Dividend Yield: 5.19%

W.P. Carey REIT’s last close was $83.15, 7.23% below its 52-week high of $89.63. Intraday change was 1.25%.

W. P. Carey ranks among the largest net lease REITs with an enterprise value of approximately $18 billion and a diversified portfolio of operationally-critical commercial real estate that includes 1,215 net lease properties covering approximately 142 million square feet as of September 30, 2020. For nearly five decades, the company has invested in high-quality single-tenant industrial, warehouse, office, retail and self-storage properties subject to long-term net leases with built-in rent escalators. Its portfolio is located primarily in the U.S. and Northern and Western Europe and is well-diversified by tenant, property type, geographic location and tenant industry.

Earnings Per Share

As for profitability, W.P. Carey REIT has a trailing twelve months EPS of $2.99.

PE Ratio

W.P. Carey REIT has a trailing twelve months price to earnings ratio of 27.81. Meaning, the purchaser of the share is investing $27.81 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 7.21%.

Yearly Top and Bottom Value

W.P. Carey REIT’s stock is valued at $83.15 at 03:15 EST, below its 52-week high of $89.63 and way higher than its 52-week low of $67.77.

More news about W.P. Carey REIT.

5. Kimball International (KBAL) – Dividend Yield: 5.12%

Kimball International’s last close was $6.95, 26.77% under its 52-week high of $9.49. Intraday change was 1.37%.

Kimball International, Inc. designs, manufactures, and sells furniture products under the Kimball, National, Kimball Hospitality, and D'style by Kimball Hospitality brands in the United States and internationally. The company offers office furniture, including desks, tables, seating, bookcases, and filing and storage units for federal, state, and local government offices, as well as other government related entities; and furniture solutions, such as headboards, tables, seating, vanities, casegoods, lighting, and other products for hotel properties, and commercial and residential mixed use developments. Its furniture solutions are used in collaborative and open work space areas, conference and meeting/huddle rooms, training rooms, private offices, learning areas, classrooms, lobby/reception areas, and dining/café areas with a mix of wood, metal, laminate, paint, fabric, solid surface, and plastic options. In addition, the company offers patient/exam room and lounge seating, and casegoods for the healthcare market. It markets and sells its products through sales representatives, office furniture dealers, wholesalers, brokers, designers, purchasing companies, and catalog houses to end users. The company was formerly known as The Jasper Corporation and changed its name to Kimball International, Inc. in July 1974. Kimball International, Inc. was incorporated in 1939 and is headquartered in Jasper, Indiana.

Earnings Per Share

As for profitability, Kimball International has a trailing twelve months EPS of $-0.52.

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 -9.83%.

Sales Growth

Kimball International’s sales growth is negative 10.2% for the present quarter and 13.2% for the next.

Yearly Top and Bottom Value

Kimball International’s stock is valued at $7.05 at 03:15 EST, way below its 52-week high of $9.49 and way above its 52-week low of $6.11.

More news about Kimball International.

6. Blackrock MuniYield Fund (MYD) – Dividend Yield: 4.17%

Blackrock MuniYield Fund ‘s last close was $10.58, 17.08% under its 52-week high of $12.76. Intraday change was -0.66%.

BlackRock MuniYield Fund, Inc. is a closed ended fixed income mutual fund launched by BlackRock, Inc. The fund is managed by BlackRock Advisors, LLC. It invests in fixed income markets. The fund primarily in long-term investment-grade municipal bonds with a maturity of more than ten years. It is exempt from federal income taxes. BlackRock MuniYield Fund, Inc. was formed on November 29, 1991 and is domiciled in United States.

Earnings Per Share

As for profitability, Blackrock MuniYield Fund has a trailing twelve months EPS of $-1.98.

More news about Blackrock MuniYield Fund .

7. Cohn & Steers (CNS) – Dividend Yield: 2.99%

Cohn & Steers’s last close was $68.21, 22.67% below its 52-week high of $88.21. Intraday change was -3.88%.

Cohen & Steers, Inc. is a publicly owned asset management holding company. Through its subsidiaries, the firm provides its services to institutional investors, including pension funds, endowments, and foundations. It manages separate client-focused equity, fixed income, multi-asset, and commodity portfolios through its subsidiaries. The firm launches and manages equity, fixed income, balanced, and multi-asset mutual funds through its subsidiaries. Through its subsidiaries, it also launches and manages hedge funds. The firm invests in public equity, fixed income, and commodity markets across the globe through its subsidiaries. Through its subsidiaries, it invests in companies operating in the real estate sector, including real estate investment trusts, infrastructure sector, and natural energy resources sector for its equity and fixed income investments. The firm also invests in preferred securities for its fixed income investments through its subsidiaries. Cohen & Steers, Inc. was founded in 1986 and is based in New York, with additional offices in London, United Kingdom; Central, Hong Kong; Tokyo, Japan; and Seattle, Washington.

Earnings Per Share

As for profitability, Cohn & Steers has a trailing twelve months EPS of $2.15.

PE Ratio

Cohn & Steers has a trailing twelve months price to earnings ratio of 31.73. Meaning, the purchaser of the share is investing $31.73 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 40.54%.

More news about Cohn & Steers.

8. Paychex (PAYX) – Dividend Yield: 2.75%

Paychex’s last close was $107.83, 24.02% below its 52-week high of $141.92. Intraday change was -2.22%.

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 $2.92.

PE Ratio

Paychex has a trailing twelve months price to earnings ratio of 37.18. Meaning, the purchaser of the share is investing $37.18 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 46.37%.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Paychex’s stock is considered to be overbought (>=80).

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9. Chemung Financial Corp (CHMG) – Dividend Yield: 2.46%

Chemung Financial Corp’s last close was $50.35, 5.76% under its 52-week high of $53.43. Intraday change was -0.1%.

Chemung Financial Corporation operates as the holding company for Chemung Canal Trust Company that provides a range of banking, financing, fiduciary, and other financial services. The company provides demand, savings, and time deposits; non-interest and interest-bearing checking accounts; and insured money market accounts. It also offers commercial and agricultural loans comprising loans to small to mid-sized businesses; commercial mortgage loans; residential mortgage loans; consumer loans, including home equity lines of credit and home equity term loans; and interest rate swaps, letters of credit, wealth management, employee benefit plans, mutual fund, insurance products, and brokerage services. Further, it provides securities, insurance, and tax preparation services. Additionally, it offers guardian, custodian, and trustee services, as well as acts as an agent for pension, profit-sharing, and other employee benefit trusts; and various investment, pension, estate planning, and employee benefit administrative services. The company operates 31 branch offices located in 13 counties in New York and Bradford County in Pennsylvania. Chemung Financial Corporation was founded in 1833 and is headquartered in Elmira, New York.

Earnings Per Share

As for profitability, Chemung Financial Corp has a trailing twelve months EPS of $6.13.

PE Ratio

Chemung Financial Corp has a trailing twelve months price to earnings ratio of 8.21. Meaning, the purchaser of the share is investing $8.21 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 15.23%.

Yearly Top and Bottom Value

Chemung Financial Corp’s stock is valued at $50.35 at 03:15 EST, below its 52-week high of $53.43 and way above its 52-week low of $40.74.

Sales Growth

Chemung Financial Corp’s sales growth is 8.6% for the ongoing quarter and 9.9% for the next.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is a negative 2.7% and a negative 18.7%, respectively.

Moving Average

Chemung Financial Corp’s value is higher than its 50-day moving average of $48.26 and way higher than its 200-day moving average of $45.61.

More news about Chemung Financial Corp.

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