Blackrock Capital And Income Fund, Novartis AG, Another 2 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Blackrock Capital and Income Fund (CII), Novartis AG (NVS), Textainer Group Holdings Limited (TGH) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Blackrock Capital and Income Fund (CII) 6.34% 2023-08-16 17:11:07
Novartis AG (NVS) 3.44% 2023-08-27 09:01:56
Textainer Group Holdings Limited (TGH) 2.93% 2023-08-20 11:11:07
First US Bancshares (FUSB) 2.29% 2023-08-11 23:49:07

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. Blackrock Capital and Income Fund (CII) – Dividend Yield: 6.34%

Blackrock Capital and Income Fund’s last close was $18.62, 7.73% under its 52-week high of $20.18. Intraday change was -0.43%.

BlackRock Enhanced Capital and Income Fund, Inc. is a closed ended equity mutual fund launched by BlackRock, Inc. The fund is managed by BlackRock Advisors, LLC. It invests in public equity markets across the globe. The fund seeks to invest in securities of companies operating across diversified sectors. It also invests through derivatives, with an emphasis on writing call options. The fund was formerly known as Capital & Income Strategies Fund, Inc. BlackRock Enhanced Capital and Income Fund, Inc. was formed on April 30, 2004 and is domiciled in the United States.

Earnings Per Share

As for profitability, Blackrock Capital and Income Fund has a trailing twelve months EPS of $-2.47.

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 -12.35%.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Aug 13, 2023, the estimated forward annual dividend rate is 1.19 and the estimated forward annual dividend yield is 6.34%.

Volume

Today’s last reported volume for Blackrock Capital and Income Fund is 48719 which is 23.3% below its average volume of 63525.

Moving Average

Blackrock Capital and Income Fund’s worth is under its 50-day moving average of $18.61 and above its 200-day moving average of $17.97.

More news about Blackrock Capital and Income Fund.

2. Novartis AG (NVS) – Dividend Yield: 3.44%

Novartis AG’s last close was $101.78, 3.63% under its 52-week high of $105.61. Intraday change was 0.87%.

Novartis AG researches, develops, manufactures, and markets healthcare products in Switzerland and internationally. The company operates through two segments: Innovative Medicines and Sandoz. The Innovative Medicines segment offers prescription medicines for patients and physicians. It also provides cardiovascular, ophthalmology, neuroscience, immunology, hematology, and solid tumor products. The Sandoz segment develops, manufactures, and markets finished dosage forms of small molecule pharmaceuticals to third parties. It also provides protein- or other biotechnology-based products, including biosimilars; and biotechnology manufacturing services; and anti-infectives, such as active pharmaceutical ingredients and intermediates primarily antibiotics. Novartis AG has a license and collaboration agreement with Alnylam Pharmaceuticals to develop, manufacture, and commercialize inclisiran, a therapy to reduce LDL cholesterol. Novartis AG was incorporated in 1996 and is headquartered in Basel, Switzerland.

Earnings Per Share

As for profitability, Novartis AG has a trailing twelve months EPS of $3.6.

PE Ratio

Novartis AG has a trailing twelve months price to earnings ratio of 28.26. Meaning, the purchaser of the share is investing $28.26 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 13.31%.

More news about Novartis AG.

3. Textainer Group Holdings Limited (TGH) – Dividend Yield: 2.93%

Textainer Group Holdings Limited’s last close was $40.83, 5.05% below its 52-week high of $43.00. Intraday change was -0.27%.

Textainer Group Holdings Limited, through its subsidiaries, purchases, owns, manages, leases, and disposes a fleet of intermodal containers worldwide. It operates through three segments: Container Ownership, Container Management, and Container Resale. The company's containers include standard and specialized dry freight, and refrigerated containers, as well as other special-purpose containers, which include tank, 45', pallet-wide, and other types of containers. It also provides container management, acquisition, and disposal services to affiliated and unaffiliated container investors. In addition, the company is involved in the sale of containers from its fleet, as well as purchase, lease, or resale of containers from shipping line customers, container traders, and other sellers of containers. It operates a fleet of approximately 2.7 million containers representing 4.3 million twenty-foot equivalent units. The company primarily serves shipping lines, as well as freight forwarding companies and the U.S. military. Textainer Group Holdings Limited was founded in 1979 and is headquartered in Hamilton, Bermuda.

Earnings Per Share

As for profitability, Textainer Group Holdings Limited has a trailing twelve months EPS of $5.87.

PE Ratio

Textainer Group Holdings Limited has a trailing twelve months price to earnings ratio of 6.96. Meaning, the purchaser of the share is investing $6.96 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 13.42%.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Aug 30, 2023, the estimated forward annual dividend rate is 1.2 and the estimated forward annual dividend yield is 2.93%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Textainer Group Holdings Limited’s EBITDA is 8.13.

Sales Growth

Textainer Group Holdings Limited’s sales growth is negative 6.8% for the current quarter and negative 5.5% for the next.

More news about Textainer Group Holdings Limited.

4. First US Bancshares (FUSB) – Dividend Yield: 2.29%

First US Bancshares’s last close was $8.72, 12.8% below its 52-week high of $10.00. Intraday change was -0.44%.

First US Bancshares, Inc. operates as the bank holding company for First US Bank that provides commercial banking products and services. It accepts deposit products, such as non-interest-bearing demand deposits, savings accounts, NOW accounts, money market demand accounts, individual retirement accounts, and time deposits. The company's loan products include loans for the development of residential housing projects, development of commercial and industrial use property, and purchase and improvement of raw land; mortgage loans on one-to-four family residential properties and secured by apartment buildings; home equity loans and lines of credit; real estate loans secured by commercial and industrial properties, office or mixed-use facilities, strip shopping centers, or other commercial property; loans for agricultural production; commercial and industrial loans and leases; and automobile, household and personal, and other direct consumer installment loans. It also provides letters of credit; and safe deposit box and remote deposit capture, as well as reinsures or underwrites credit life, and credit accident and health insurance policies. The company serves small-and medium-sized businesses, property managers, business executives, professionals, and other individuals. As of December 31, 2020, it operated 19 banking offices located in Birmingham, Bucksville, Butler, Calera, Centreville, Columbiana, Gilbertown, Grove Hill, Harpersville, Jackson, Thomasville, Tuscaloosa, and Woodstock, Alabama; Knoxville and Powell, Tennessee; and Rose Hill and Ewing, Virginia, as well as loan production offices in Mobile, Alabama and the Chattanooga, Tennessee. The company was formerly known as United Security Bancshares, Inc. and changed its name to First US Bancshares, Inc. in October 2016. First US Bancshares, Inc. was founded in 1952 and is headquartered in Birmingham, Alabama.

Earnings Per Share

As for profitability, First US Bancshares has a trailing twelve months EPS of $1.19.

PE Ratio

First US Bancshares has a trailing twelve months price to earnings ratio of 7.57. Meaning, the purchaser of the share is investing $7.57 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 9.72%.

Moving Average

First US Bancshares’s worth is higher than its 50-day moving average of $8.29 and higher than its 200-day moving average of $8.35.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Jun 7, 2023, the estimated forward annual dividend rate is 0.2 and the estimated forward annual dividend yield is 2.29%.

Volume

Today’s last reported volume for First US Bancshares is 20 which is 99.79% below its average volume of 9577.

More news about First US Bancshares.

Leave a Reply

Your email address will not be published. Required fields are marked *