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Babson Capital Global Short Duration High Yield Fund, BanColombia S.A., Another 5 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Babson Capital Global Short Duration High Yield Fund (BGH), BanColombia S.A. (CIB), Vector Group Ltd. (VGR) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Babson Capital Global Short Duration High Yield Fund (BGH) 10.49% 2024-03-16 11:46:06
BanColombia S.A. (CIB) 8.64% 2024-03-16 21:11:05
Vector Group Ltd. (VGR) 7.34% 2024-03-21 03:07:09
OceanFirst Financial Corp. (OCFC) 5.08% 2024-03-25 11:09:08
Forward Air Corporation (FWRD) 3.29% 2024-03-23 19:47:07
TransAlta Corporation Ordinary Shares (TAC) 2.79% 2024-03-20 15:46:11
Amdocs Limited (DOX) 2.12% 2024-03-23 03:47:08

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. Babson Capital Global Short Duration High Yield Fund (BGH) – Dividend Yield: 10.49%

Babson Capital Global Short Duration High Yield Fund’s last close was $14.31, 1.31% under its 52-week high of $14.50. Intraday change was -0.07%.

Babson Capital Global Short Duration High Yield Fund is a closed ended fixed income mutual fund launched and managed by Barings LLC. The fund is co-managed by Babson Capital Global Advisors Limited. It invests in fixed income markets across the globe. The fund primarily invests in global high-yield bonds, loans, and other income-producing instruments that are, at the time of purchase, rated below Baa3 by Moody's Investors Service, Inc. or below BBB- by Standard & Poor's Rating Services. It seeks to invest in securities with a weighted average portfolio duration of three years or less. The fund employs bottom-up fundamental analysis to create its portfolio. It benchmarks the performance of its portfolio against the Bank of America/Merrill Lynch Global Non-Financial High Yield Constrained Index. The fund was formerly known as Babson Capital Global Short Duration High Yield Fund. Babson Capital Global Short Duration High Yield Fund was formed on October 25, 2012 and is domiciled in the United States.

Earnings Per Share

As for profitability, Babson Capital Global Short Duration High Yield Fund has a trailing twelve months EPS of $1.43.

PE Ratio

Babson Capital Global Short Duration High Yield Fund has a trailing twelve months price to earnings ratio of 10.01. Meaning, the purchaser of the share is investing $10.01 for every dollar of annual earnings.

Volume

Today’s last reported volume for Babson Capital Global Short Duration High Yield Fund is 117141 which is 92.4% above its average volume of 60881.

Sales Growth

Babson Capital Global Short Duration High Yield Fund’s sales growth is 5.4% for the ongoing quarter and negative 3.3% for the next.

More news about Babson Capital Global Short Duration High Yield Fund.

2. BanColombia S.A. (CIB) – Dividend Yield: 8.64%

BanColombia S.A.’s last close was $32.31, 6.16% below its 52-week high of $34.43. Intraday change was -0.28%.

Bancolombia S. A. provides various banking products and services to individual and corporate customers in Colombia, Panama, Puerto Rico, El Salvador, Costa Rica, and Guatemala. The company operates through nine segments: Banking Colombia, Banking Panama, Banking El Salvador, Banking Guatemala, Trust, Investment Banking, Brokerage, International Banking, and All Other. It offers checking and savings accounts, fixed term deposits, and investment products; trade financing, loans funded by domestic development banks, working capital loans, credit cards, personal and vehicle loans, payroll loans, and overdrafts; financial support to real estate developers and mortgages for individuals and companies; and financial and operating leasing services. The company also provides hedging instruments, including futures, forwards, options, and swaps; and brokerage, investment advisory, and private banking services, including selling and distributing equities, futures, foreign currencies, fixed income securities, mutual funds, and structured products. In addition, it offers cash management services; foreign currency transaction services; life, auto, commercial, and homeowner's insurance products; and online and computer banking services. Further, the company provides investment banking services comprising project and acquisition finance, debt and equity capital markets, principal investments, M&A, restructurings, and structured financing; money market accounts, mutual and pension funds, private equity funds, payment trust, custody, and corporate trust; and digital banking platform, transportation, securities brokerage, maintenance and remodeling, advertising and marketing, and outsourcing services, as well as credit cards. As of December 31, 2020, it operated 1,057 branches; 18,631 banking correspondents; 535 PAMs; 215 kiosks in El Salvador and 137 in Colombia; and 6,124 automatic teller machines. Bancolombia S.A. was incorporated in 1945 and is headquartered in Medellín, Colombia.

Earnings Per Share

As for profitability, BanColombia S.A. has a trailing twelve months EPS of $6.41.

PE Ratio

BanColombia S.A. has a trailing twelve months price to earnings ratio of 5.04. Meaning, the purchaser of the share is investing $5.04 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 15.73%.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Dec 27, 2023, the estimated forward annual dividend rate is 2.79 and the estimated forward annual dividend yield is 8.64%.

More news about BanColombia S.A..

3. Vector Group Ltd. (VGR) – Dividend Yield: 7.34%

Vector Group Ltd.’s last close was $10.90, 18.84% under its 52-week high of $13.43. Intraday change was 0.46%.

Vector Group Ltd., through its subsidiaries, manufactures and sells cigarettes in the United States. It operates in two segments, Tobacco and Real Estate. The company produces cigarettes under the EAGLE 20's, Pyramid, Montego, Grand Prix, Liggett Select, Eve, and USA brand names, as well as various partner and private label brands. It markets and sells its cigarettes to wholesalers and distributors of tobacco and convenience products, as well as grocery, drug, and convenience store chains. The company also engages in real estate investment business, operates apartment buildings, hotels, and commercial real estate ventures. The company was formerly known as Brooke Group Ltd. and changed its name to Vector Group Ltd. in May 2000. Vector Group Ltd. was founded in 1873 and is headquartered in Miami, Florida.

Earnings Per Share

As for profitability, Vector Group Ltd. has a trailing twelve months EPS of $1.16.

PE Ratio

Vector Group Ltd. has a trailing twelve months price to earnings ratio of 9.4. Meaning, the purchaser of the share is investing $9.4 for every dollar of annual earnings.

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4. OceanFirst Financial Corp. (OCFC) – Dividend Yield: 5.08%

OceanFirst Financial Corp.’s last close was $15.76, 19.51% below its 52-week high of $19.58. Intraday change was -1.14%.

OceanFirst Financial Corp. operates as the bank holding company for OceanFirst Bank N.A. that provides community banking services. It accepts money market accounts, savings accounts, interest-bearing checking accounts, non-interest-bearing demand deposits, and time deposits to retail, government, and business customers. The company also offers commercial real estate, multi-family, land loans, construction, and commercial and industrial loans; fixed-rate and adjustable-rate mortgage loans that are secured by one-to-four family residences; and consumer loans, such as home equity loans and lines of credit, student loans, overdraft line of credit, loans on savings accounts, and other consumer loans. In addition, it invests in mortgage-backed securities, securities issued by the U.S. Government and agencies, corporate securities, and other investments. Further, the company offers bankcard, wealth management, and trust and asset management services; and sells alternative investment products and life insurance products. As of December 31, 2021, it operated through its branch office in Toms River; administrative office located in Red Bank and Mount Laurel; 46 additional branch offices and four deposit production facilities located throughout central and southern New Jersey; and commercial loan production offices in New Jersey, New York City, the Philadelphia area, Baltimore, and Boston. The company was founded in 1902 and is based in Red Bank, New Jersey.

Earnings Per Share

As for profitability, OceanFirst Financial Corp. has a trailing twelve months EPS of $1.7.

PE Ratio

OceanFirst Financial Corp. has a trailing twelve months price to earnings ratio of 9.16. Meaning, the purchaser of the share is investing $9.16 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 6.41%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 26%, now sitting on 385.68M for the twelve trailing months.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Feb 2, 2024, the estimated forward annual dividend rate is 0.8 and the estimated forward annual dividend yield is 5.08%.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is a negative 23.6% and a negative 6.5%, respectively.

More news about OceanFirst Financial Corp..

5. Forward Air Corporation (FWRD) – Dividend Yield: 3.29%

Forward Air Corporation’s last close was $29.15, 75.98% below its 52-week high of $121.38. Intraday change was 1.39%.

Forward Air Corporation, together with its subsidiaries, operates as an asset-light freight and logistics company in the United States and Canada. It operates in two segments, Expedited Freight and Intermodal. The Expedited Freight segment provides expedited regional, inter-regional, and national less-than-truckload services; local pick-up and delivery services; and other services, which include final mile, truckload, shipment consolidation and deconsolidation, warehousing, customs brokerage, and other handling. This segment also offers expedited truckload brokerage, dedicated fleet, and high security and temperature-controlled logistics services. The Intermodal segment provides intermodal container drayage services; and contract, and container freight station warehouse and handling services. It serves freight forwarders, third-party logistics companies, integrated air cargo carriers and passenger, passenger and cargo airlines, steamship lines, and retailers. Forward Air Corporation was founded in 1981 and is headquartered in Greeneville, Tennessee.

Earnings Per Share

As for profitability, Forward Air Corporation has a trailing twelve months EPS of $1.64.

PE Ratio

Forward Air Corporation has a trailing twelve months price to earnings ratio of 17.77. Meaning, the purchaser of the share is investing $17.77 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 5.82%.

Sales Growth

Forward Air Corporation’s sales growth is 41.2% for the present quarter and 54.6% for the next.

Yearly Top and Bottom Value

Forward Air Corporation’s stock is valued at $29.15 at 20:15 EST, way below its 52-week high of $121.38 and way higher than its 52-week low of $26.35.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Nov 21, 2023, the estimated forward annual dividend rate is 0.96 and the estimated forward annual dividend yield is 3.29%.

More news about Forward Air Corporation.

6. TransAlta Corporation Ordinary Shares (TAC) – Dividend Yield: 2.79%

TransAlta Corporation Ordinary Shares’s last close was $6.33, 39.13% below its 52-week high of $10.40. Intraday change was 0.79%.

TransAlta Corporation engages in the development, production, and sale of electric energy. It operates through Hydro, Wind and Solar, Gas, Energy Transition, and Energy Marketing segments. The Hydro segment has a net ownership interest of approximately 922 megawatts (MW) of owned hydro electrical-generating capacity located in Alberta, British Columbia, and Ontario. The Wind and Solar segment has a net ownership interest of approximately 1,878 MW of owned wind and solar electrical-generating capacity, as well as battery storage facilities located in Alberta, Ontario, New Brunswick, and Québec in Canada; and the states of Massachusetts, Minnesota, New Hampshire, North Carolina, Pennsylvania, Washington, and Wyoming in the United States. The Gas segment has a net ownership interest of approximately 2,775 MW of owned gas electrical-generating capacity, and facilities located in Alberta and Ontario in Canada; Michigan, the United States; and Western Australia. The Energy Transition segment has a net ownership interest of approximately 671 MW of owned coal electrical-generating capacity, as well as operates the Skookumchuck hydro facility in Centralia; and engages in the highvale mine and the mine reclamation activities. The Energy Marketing segment is involved in the trading of power, natural gas, and environmental products. It serves customers in various industry segments, including commercial real estate, municipal, manufacturing, industrial, hospitality, finance, and oil and gas. The company was founded in 1909 and is headquartered in Calgary, Canada.

Earnings Per Share

As for profitability, TransAlta Corporation Ordinary Shares has a trailing twelve months EPS of $1.72.

PE Ratio

TransAlta Corporation Ordinary Shares has a trailing twelve months price to earnings ratio of 3.71. Meaning, the purchaser of the share is investing $3.71 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 43.58%.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is a negative 89.2% and a negative 76.5%, respectively.

More news about TransAlta Corporation Ordinary Shares.

7. Amdocs Limited (DOX) – Dividend Yield: 2.12%

Amdocs Limited’s last close was $90.30, 9.47% below its 52-week high of $99.75. Intraday change was -2.66%.

Amdocs Limited, through its subsidiaries, provides software and services worldwide. The company designs, develops, operates, implements, supports, and markets open and modular cloud portfolio. It provides CES21, a 5G and cloud-native microservices-based market-leading customer experience suite, that enables service providers to build, deliver, and monetize advanced services; the Commerce and Care suite for order capture, handling, and customer engagement; the Monetization suite for charging, billing, policy, and revenue management; Intelligent Networking suite with a set of modular, flexible, and open service lifecycle management capabilities for network automation journeys; MarketONE, a cloud-native business ecosystem; Digital Brands Suite, a pre-integrated digital business suite for digital telecom brands and small-scale service providers; and eSIM Cloud for service providers. It also offers AI-powered, cloud-native, and home operating systems; data intelligence solutions and applications; media services for media publishers, TV networks, and video streaming and service providers; end-to-end application development and maintenance services; and ongoing services. In addition, the company provides a line of services designed for various stages of a service provider's lifecycle includes design, delivery, quality engineering, operations, systems integration, mobile network services, consulting, and content services; managed services comprising application development, modernization and maintenance, IT and infrastructure services, testing and professional services that are designed to assist customers in the selection, implementation, operation, management, and maintenance of IT systems. It serves to the communications, cable and satellite, entertainment, and media industry service providers, as well as mobile virtual network operators and directory publishers. Amdocs Limited was founded in 1988 and is headquartered in Saint Louis, Missouri.

Earnings Per Share

As for profitability, Amdocs Limited has a trailing twelve months EPS of $4.68.

PE Ratio

Amdocs Limited has a trailing twelve months price to earnings ratio of 19.29. Meaning, the purchaser of the share is investing $19.29 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 15.62%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Amdocs Limited’s EBITDA is 2.17.

Yearly Top and Bottom Value

Amdocs Limited’s stock is valued at $90.30 at 20:15 EST, below its 52-week high of $99.75 and way higher than its 52-week low of $78.38.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is 6.8% and 6.4%, respectively.

More news about Amdocs Limited.

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