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Blackrock Debt Strategies Fund, Eaton Vance Tax, Another 5 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Blackrock Debt Strategies Fund (DSU), Eaton Vance Tax (ETB), Kennedy (KW) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Blackrock Debt Strategies Fund (DSU) 10.02% 2024-01-06 13:12:05
Eaton Vance Tax (ETB) 8.79% 2024-01-06 19:42:05
Kennedy (KW) 8.18% 2024-01-07 22:42:05
Gladstone Land Corporation (LAND) 3.95% 2024-01-13 23:07:09
Ameren (AEE) 3.51% 2024-01-19 12:18:19
Paychex (PAYX) 2.97% 2024-01-19 12:50:54
Pearson, Plc (PSO) 2.19% 2024-01-09 05:13:05

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. Blackrock Debt Strategies Fund (DSU) – Dividend Yield: 10.02%

Blackrock Debt Strategies Fund’s last close was $10.73, 2.01% below its 52-week high of $10.95. Intraday change was 0.14%.

BlackRock Debt Strategies 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 of the United States. The fund primarily invests in a diversified portfolio of companies' debt instruments, including corporate loans, which are rated in the lower rating categories of the established rating services (BBB or lower by S&P's or Baa or lower by Moody's) or unrated debt instruments, which are in the judgment of the investment adviser of equivalent quality. It was formerly known as Debt Strategies Fund Inc. BlackRock Debt Strategies Fund, Inc. was formed on March 27, 1998 and is domiciled in the United States.

Earnings Per Share

As for profitability, Blackrock Debt Strategies Fund has a trailing twelve months EPS of $1.4.

PE Ratio

Blackrock Debt Strategies Fund has a trailing twelve months price to earnings ratio of 7.66. Meaning, the purchaser of the share is investing $7.66 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 13.34%.

Yearly Top and Bottom Value

Blackrock Debt Strategies Fund’s stock is valued at $10.73 at 16:15 EST, below its 52-week high of $10.95 and way above its 52-week low of $9.20.

More news about Blackrock Debt Strategies Fund.

2. Eaton Vance Tax (ETB) – Dividend Yield: 8.79%

Eaton Vance Tax’s last close was $12.73, 9.59% below its 52-week high of $14.08. Intraday change was -0.39%.

Eaton Vance Tax-Managed Buy-Write Income Fund is a closed-ended equity mutual fund launched and managed by Eaton Vance Management. It is co-managed by Parametric Portfolio Associates LLC. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in stocks of large-cap companies. It also writes call options on one or more U.S. indices on a substantial portion of the value of its common stock portfolio. The fund benchmarks the performance of its portfolio against the S&P 500 Index. Eaton Vance Tax-Managed Buy-Write Income Fund was formed on April 29, 2005 and is domiciled in the United States.

Earnings Per Share

As for profitability, Eaton Vance Tax has a trailing twelve months EPS of $1.81.

PE Ratio

Eaton Vance Tax has a trailing twelve months price to earnings ratio of 7.03. Meaning, the purchaser of the share is investing $7.03 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 13.06%.

Yearly Top and Bottom Value

Eaton Vance Tax’s stock is valued at $12.73 at 16:15 EST, under its 52-week high of $14.08 and higher than its 52-week low of $11.59.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Jan 21, 2024, the estimated forward annual dividend rate is 1.12 and the estimated forward annual dividend yield is 8.79%.

More news about Eaton Vance Tax.

3. Kennedy (KW) – Dividend Yield: 8.18%

Kennedy’s last close was $11.73, 37.94% under its 52-week high of $18.90. Intraday change was -1.43%.

Kennedy-Wilson Holdings, Inc. operates as a real estate investment company. The company owns, operates, and invests in real estate both on its own and through its investment management platform. It focuses on multifamily and commercial properties located in the Western United States, the United Kingdom, Ireland, Spain, Italy, and Japan. The company owns interest in approximately 49 million square feet of property, including 29,705 multifamily rental units; and 22.0 million square feet of commercial property. It also provides real estate services primarily to financial services clients. In addition, the company is involved in the development, redevelopment, and entitlement of real estate properties; and management of real estate properties for third parties. Kennedy-Wilson Holdings, Inc. was founded in 1977 and is headquartered in Beverly Hills, California.

Earnings Per Share

As for profitability, Kennedy has a trailing twelve months EPS of $-0.51.

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 -0.32%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Kennedy’s EBITDA is 405.88.

More news about Kennedy.

4. Gladstone Land Corporation (LAND) – Dividend Yield: 3.95%

Gladstone Land Corporation’s last close was $14.13, 31.24% below its 52-week high of $20.55. Intraday change was 0.21%.

Founded in 1997, Gladstone Land is a publicly traded real estate investment trust that acquires and owns farmland and farm-related properties located in major agricultural markets in the U.S. and leases its properties to unrelated third-party farmers. The Company, which reports the aggregate fair value of its farmland holdings on a quarterly basis, currently owns 127 farms, comprised of approximately 94,000 acres in 13 different states, valued at approximately $1.0 billion. Gladstone Land's farms are predominantly located in regions where its tenants are able to grow fresh produce annual row crops, such as berries and vegetables, which are generally planted and harvested annually. The Company also owns farms growing permanent crops, such as almonds, apples, figs, olives, pistachios, and other orchards, as well as blueberry groves and vineyards, which are generally planted every 10 to 20-plus years and harvested annually. The Company may also acquire property related to farming, such as cooling facilities, processing buildings, packaging facilities, and distribution centers. The Company pays monthly distributions to its stockholders and has paid 93 consecutive monthly cash distributions on its common stock since its initial public offering in January 2013. The Company has increased its common distributions 20 times over the prior 23 quarters, and the current per-share distribution on its common stock is $0.0449 per month, or $0.5388 per year.

Earnings Per Share

As for profitability, Gladstone Land Corporation has a trailing twelve months EPS of $-0.29.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 1.93%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Gladstone Land Corporation’s EBITDA is 57.79.

More news about Gladstone Land Corporation.

5. Ameren (AEE) – Dividend Yield: 3.51%

Ameren’s last close was $69.61, 23.66% under its 52-week high of $91.18. Intraday change was -0.57%.

Ameren Corporation, together with its subsidiaries, operates as a public utility holding company in the United States. The company operates through four segments: Ameren Missouri, Ameren Illinois Electric Distribution, Ameren Illinois Natural Gas, and Ameren Transmission. It engages in the rate-regulated electric generation, transmission, and distribution activities; and rate-regulated natural gas distribution and transmission businesses. In addition, the company generates electricity through coal, nuclear, and natural gas, as well as renewable sources, such as hydroelectric, wind, methane gas, and solar. It serves residential, commercial, and industrial customers. The company was founded in 1881 and is headquartered in St. Louis, Missouri.

Earnings Per Share

As for profitability, Ameren has a trailing twelve months EPS of $4.41.

PE Ratio

Ameren has a trailing twelve months price to earnings ratio of 15.69. Meaning, the purchaser of the share is investing $15.69 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 10.81%.

Sales Growth

Ameren’s sales growth is negative 1.1% for the current quarter and 4.1% for the next.

Revenue Growth

Year-on-year quarterly revenue growth declined by 11.2%, now sitting on 7.64B for the twelve trailing months.

More news about Ameren.

6. Paychex (PAYX) – Dividend Yield: 2.97%

Paychex’s last close was $120.37, 7.19% under its 52-week high of $129.70. Intraday change was 1.4%.

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 $4.5.

PE Ratio

Paychex has a trailing twelve months price to earnings ratio of 27.12. Meaning, the purchaser of the share is investing $27.12 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 48.43%.

Moving Average

Paychex’s value is higher than its 50-day moving average of $119.66 and above its 200-day moving average of $116.24.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Nov 12, 2023, the estimated forward annual dividend rate is 3.56 and the estimated forward annual dividend yield is 2.97%.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is 7% and 14.4%, respectively.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Paychex’s EBITDA is 8.25.

Previous days news about Paychex

  • Here's why paychex (payx) is an attractive pick right now. According to Zacks on Thursday, 18 January, "In its service offerings, Paychex provides customizable solutions such as payroll processing, tax administration and HR services, offering flexibility with options like same-day ACH and pay-on-demand. ", "Overall, Paychex aims to meet clients’ diverse HR and payroll needs through a flexible and all-encompassing service lineup."

More news about Paychex.

7. Pearson, Plc (PSO) – Dividend Yield: 2.19%

Pearson, Plc’s last close was $12.51, 0% below its 52-week high of $12.51. Intraday change was 1.05%.

Pearson plc provides educational products and services to governments, educational institutions, corporations, and professional bodies worldwide. The company operates through North America, Core, and Growth segments. It offers courseware services, including curriculum materials provided in book form and/or through access to digital content; and assessments, such as test development, processing, and scoring services. The company also operates schools, colleges, and universities; and provides online learning services in partnership with universities and other academic institutions. In addition, it delivers and installs off-the-shelf software; and offers services to academic institutions, such as program development, student acquisition, education technology, and student support services, as well as undertakes contracts to process qualifying tests for individual professions and government departments under multi-year contractual arrangements. The company was founded in 1844 and is headquartered in London, the United Kingdom.

Earnings Per Share

As for profitability, Pearson, Plc has a trailing twelve months EPS of $0.51.

PE Ratio

Pearson, Plc has a trailing twelve months price to earnings ratio of 24.53. Meaning, the purchaser of the share is investing $24.53 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 6.8%.

Moving Average

Pearson, Plc’s worth is higher than its 50-day moving average of $11.94 and way higher than its 200-day moving average of $10.89.

Volume

Today’s last reported volume for Pearson, Plc is 173738 which is 35.96% below its average volume of 271329.

Revenue Growth

Year-on-year quarterly revenue growth grew by 5.1%, now sitting on 3.93B for the twelve trailing months.

More news about Pearson, Plc.

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