(VIANEWS) – Blackrock Floating Rate (FRA), Saratoga Investment Corp New (SAR), Gabelli Dividend & Income Trust (GDV) have the highest dividend yield stocks on this list.
| Financial Asset | Forward Dividend Yield | Updated (EST) |
|---|---|---|
| Blackrock Floating Rate (FRA) | 11.19% | 2023-09-22 07:23:07 |
| Saratoga Investment Corp New (SAR) | 10.88% | 2023-09-24 16:41:07 |
| Gabelli Dividend & Income Trust (GDV) | 6.67% | 2023-09-22 10:41:07 |
| Ardmore Shipping Corporation (ASC) | 6.42% | 2023-09-20 16:55:30 |
| Fastenal Company (FAST) | 2.59% | 2023-09-29 12:12:13 |
| Archer (ADM) | 2.23% | 2023-09-29 12:18:32 |
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 Floating Rate (FRA) – Dividend Yield: 11.19%
Blackrock Floating Rate’s last close was $12.49, 2.5% under its 52-week high of $12.81. Intraday change was -0.48%.
BlackRock Floating Rate Income Strategies Fund, Inc. is a close ended fixed income mutual fund launched by BlackRock, Inc. The fund is managed by BlackRock Advisors, LLC. It invests in the fixed income markets of the United States. The fund invests in bonds of companies operating across diversified sectors. It primarily invests in floating rate debt securities and instruments consisting of secured or unsecured senior floating rate loans that are rated below investment grade. BlackRock Floating Rate Income Strategies Fund, Inc. was formed on October 31, 2003 and is domiciled in the United States.
Earnings Per Share
As for profitability, Blackrock Floating Rate has a trailing twelve months EPS of $1.73.
PE Ratio
Blackrock Floating Rate has a trailing twelve months price to earnings ratio of 7.22. Meaning, the purchaser of the share is investing $7.22 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 13.5%.
Yearly Top and Bottom Value
Blackrock Floating Rate’s stock is valued at $12.49 at 20:15 EST, below its 52-week high of $12.81 and way above its 52-week low of $10.92.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Sep 13, 2023, the estimated forward annual dividend rate is 1.4 and the estimated forward annual dividend yield is 11.19%.
More news about Blackrock Floating Rate.
2. Saratoga Investment Corp New (SAR) – Dividend Yield: 10.88%
Saratoga Investment Corp New’s last close was $25.77, 10.74% under its 52-week high of $28.87. Intraday change was 0.86%.
Saratoga Investment Corp. is a business development company specializing in leveraged and management buyouts, acquisition financings, growth financings, recapitalization, debt refinancing, and transitional financing transactions at the lower end of middle market companies. It structures its investments as debt and equity by investing through first and second lien loans, mezzanine debt, co-investments, select high yield bonds, senior secured bonds, unsecured bonds, and preferred and common equity. The firm prefers to invest in aerospace, automotive aftermarket and services, business products and services, consumer products and services, education, environmental services, industrial services, financial services, food and beverage, healthcare products and services, logistics, distribution, manufacturing, restaurants services, food services, software services, technology services, specialty chemical, media and telecommunications. It seeks to invest in the United States. The firm primarily invests $5 million to $50 million in companies having EBITDA of $2 million or greater and revenues of $8 million to $250 million. The firm prefer to take a majority stake. It invests through direct lending as well as participation in loan syndicates. The firm was formerly known as GSC Investment Corp. Saratoga Investment Corp. is based in New York, New York with an additional office in Florham Park, New Jersey.
Earnings Per Share
As for profitability, Saratoga Investment Corp New has a trailing twelve months EPS of $2.16.
PE Ratio
Saratoga Investment Corp New has a trailing twelve months price to earnings ratio of 11.93. Meaning, the purchaser of the share is investing $11.93 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 7.6%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 85.4%, now sitting on 115.06M for the twelve trailing months.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 1250% and 98%, respectively.
More news about Saratoga Investment Corp New.
3. Gabelli Dividend & Income Trust (GDV) – Dividend Yield: 6.67%
Gabelli Dividend & Income Trust’s last close was $19.79, 11.61% below its 52-week high of $22.39. Intraday change was 0.56%.
The Gabelli Dividend & Income Trust is a closed ended equity mutual fund launched by GAMCO Investors, Inc. The fund is managed by Gabelli Funds, LLC. It invests in public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in dividend paying stocks of companies. The fund seeks to benchmarks the performance of its portfolio against a combination of the S&P 500 Index, Dow Jones Industrial Average, and Nasdaq Composite Index. Gabelli Dividend & Income Trust was formed on November 28, 2003 and is domiciled in the United States.
Earnings Per Share
As for profitability, Gabelli Dividend & Income Trust has a trailing twelve months EPS of $3.2.
PE Ratio
Gabelli Dividend & Income Trust has a trailing twelve months price to earnings ratio of 6.22. Meaning, the purchaser of the share is investing $6.22 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 12.13%.
Moving Average
Gabelli Dividend & Income Trust’s worth is under its 50-day moving average of $21.05 and under its 200-day moving average of $20.96.
Yearly Top and Bottom Value
Gabelli Dividend & Income Trust’s stock is valued at $19.90 at 20:15 EST, way under its 52-week high of $22.39 and above its 52-week low of $18.28.
Volume
Today’s last reported volume for Gabelli Dividend & Income Trust is 81894 which is 39.19% below its average volume of 134687.
More news about Gabelli Dividend & Income Trust.
4. Ardmore Shipping Corporation (ASC) – Dividend Yield: 6.42%
Ardmore Shipping Corporation’s last close was $12.57, 35.24% under its 52-week high of $19.41. Intraday change was -1.03%.
Ardmore Shipping Corporation engages in the seaborne transportation of petroleum products and chemicals worldwide. As of February 15, 2021, the company operated a fleet of 25 double-hulled product and chemical tankers. It serves oil majors, oil companies, oil and chemical traders, chemical companies, and pooling service providers. The company was founded in 2010 and is based in Pembroke, Bermuda.
Earnings Per Share
As for profitability, Ardmore Shipping Corporation has a trailing twelve months EPS of $4.52.
PE Ratio
Ardmore Shipping Corporation has a trailing twelve months price to earnings ratio of 2.75. Meaning, the purchaser of the share is investing $2.75 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 40.34%.
Sales Growth
Ardmore Shipping Corporation’s sales growth is negative 33.9% for the current quarter and negative 21.1% for the next.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is a negative 75.3% and a negative 43.1%, respectively.
Revenue Growth
Year-on-year quarterly revenue growth declined by 14.2%, now sitting on 485.41M for the twelve trailing months.
Moving Average
Ardmore Shipping Corporation’s value is under its 50-day moving average of $12.92 and way below its 200-day moving average of $14.10.
More news about Ardmore Shipping Corporation.
5. Fastenal Company (FAST) – Dividend Yield: 2.59%
Fastenal Company’s last close was $54.64, 8.06% below its 52-week high of $59.43. Intraday change was -1.83%.
Fastenal Company, together with its subsidiaries, engages in the wholesale distribution of industrial and construction supplies in the United States, Canada, Mexico, and internationally. It offers fasteners, and related industrial and construction supplies under the Fastenal name. The company's fastener products include threaded fasteners, bolts, nuts, screws, studs, and related washers, which are used in manufactured products and construction projects, as well as in the maintenance and repair of machines. It also offers miscellaneous supplies and hardware, including pins, machinery keys, concrete anchors, metal framing systems, wire ropes, strut products, rivets, and related accessories. The company serves the manufacturing market comprising original equipment manufacturers; maintenance, repair, and operations customers; and non-residential construction market, which includes general, electrical, plumbing, sheet metal, and road contractors. It also serves farmers, truckers, railroads, mining companies, schools, and retail trades; and oil exploration, production, and refinement companies, as well as federal, state, and local governmental entities. Fastenal Company was founded in 1967 and is headquartered in Winona, Minnesota.
Earnings Per Share
As for profitability, Fastenal Company has a trailing twelve months EPS of $1.96.
PE Ratio
Fastenal Company has a trailing twelve months price to earnings ratio of 27.87. Meaning, the purchaser of the share is investing $27.87 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 34.25%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Jul 25, 2023, the estimated forward annual dividend rate is 1.4 and the estimated forward annual dividend yield is 2.59%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Fastenal Company’s EBITDA is 4.32.
More news about Fastenal Company.
6. Archer (ADM) – Dividend Yield: 2.23%
Archer’s last close was $75.42, 23.26% under its 52-week high of $98.28. Intraday change was -0.95%.
Archer-Daniels-Midland Company procures, transports, stores, processes, and merchandises agricultural commodities, products, and ingredients in the United States, Switzerland, the Cayman Islands, Brazil, Mexico, Canada, the United Kingdom, and internationally. The company operates in three segments: Ag Services and Oilseeds, Carbohydrate Solutions, and Nutrition. It originates, merchandises, stores, and transports agricultural raw materials, such as oilseeds and soft seeds. The company also engages in the agricultural commodity and feed product import, export, and distribution; and structured trade finance activities. In addition, it offers vegetable oils and protein meals; ingredients for the food, feed, energy, and industrial customers; crude vegetable oils, salad oils, margarine, shortening, and other food products; and partially refined oils to produce biodiesel and glycols for use in chemicals, paints, and other industrial products. Further, the company provides peanuts, peanut-derived ingredients, and cotton cellulose pulp; sweeteners, corn and wheat starches, syrup, glucose, wheat flour, and dextrose; alcohol and other food and animal feed ingredients; ethyl alcohol and ethanol; corn gluten feed and meal; distillers' grains; and citric acids. Additionally, the company provides natural flavors, flavor systems, natural colors, proteins, emulsifiers, soluble fiber, polyols, hydrocolloids, probiotics, prebiotics, enzymes, and botanical extracts; and other specialty food and feed ingredients; edible beans; formula feeds, and animal health and nutrition products; and contract and private label pet treats and foods. It also offers futures commission merchant; commodity brokerage services; cash margins and securities pledged to commodity exchange clearinghouses; and cash pledged as security under certain insurance arrangements. The company was founded in 1902 and is headquartered in Chicago, Illinois.
Earnings Per Share
As for profitability, Archer has a trailing twelve months EPS of $7.5.
PE Ratio
Archer has a trailing twelve months price to earnings ratio of 10.04. Meaning, the purchaser of the share is investing $10.04 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 16.66%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 7.7%, now sitting on 99.88B for the twelve trailing months.
Sales Growth
Archer’s sales growth is 8.8% for the current quarter and negative 2.8% for the next.
More news about Archer.
