(VIANEWS) – Blackstone GSO Senior Floating Rate Term Fund (BSL), AllianzGI Equity & Convertible Income Fund (NIE), Nuveen New York AMT (NRK) have the highest dividend yield stocks on this list.
| Financial Asset | Forward Dividend Yield | Updated (EST) |
|---|---|---|
| Blackstone GSO Senior Floating Rate Term Fund (BSL) | 10.9% | 2023-10-08 21:12:06 |
| AllianzGI Equity & Convertible Income Fund (NIE) | 9.73% | 2023-10-11 19:12:06 |
| Nuveen New York AMT (NRK) | 4.39% | 2023-10-11 22:23:06 |
| Western Asset Municipal High Income Fund (MHF) | 4.09% | 2023-10-11 09:14:06 |
| South State Corporation (SSB) | 3.06% | 2023-10-19 01:41:06 |
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. Blackstone GSO Senior Floating Rate Term Fund (BSL) – Dividend Yield: 10.9%
Blackstone GSO Senior Floating Rate Term Fund’s last close was $13.10, 3.18% under its 52-week high of $13.53. Intraday change was 0.77%.
Blackstone/GSO Senior Floating Rate Term Fund is a closed-ended fixed income mutual fund launched by The Blackstone Group L.P. It is managed by GSO / Blackstone Debt Funds Management LLC. The fund invests in the fixed income markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in senior secured, floating rate loans that are issued by corporations, partnerships, and other business entities. It seeks to invest in securities that are rated below investment grade. The fund invests in securities across the maturity spectrum, while maintaining an average duration of less than one year. It employs fundamental analysis using a research-driven credit analysis approach while focusing on factors like companies which offer attractive risk / return characteristics to create its portfolio. The fund benchmarks the performance of its portfolio against the S&P/LSTA Leveraged Loan Index. Blackstone/GSO Senior Floating Rate Term Fund was formed on March 4, 2010 and is domiciled in the United States.
Earnings Per Share
As for profitability, Blackstone GSO Senior Floating Rate Term Fund has a trailing twelve months EPS of $1.16.
PE Ratio
Blackstone GSO Senior Floating Rate Term Fund has a trailing twelve months price to earnings ratio of 11.29. Meaning, the purchaser of the share is investing $11.29 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 7.6%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 45.1%, now sitting on 24.42M for the twelve trailing months.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Oct 22, 2023, the estimated forward annual dividend rate is 1.43 and the estimated forward annual dividend yield is 10.9%.
Moving Average
Blackstone GSO Senior Floating Rate Term Fund’s value is under its 50-day moving average of $13.16 and above its 200-day moving average of $12.83.
More news about Blackstone GSO Senior Floating Rate Term Fund.
2. AllianzGI Equity & Convertible Income Fund (NIE) – Dividend Yield: 9.73%
AllianzGI Equity & Convertible Income Fund’s last close was $20.60, 7.08% under its 52-week high of $22.17. Intraday change was 0.24%.
Virtus Equity & Convertible Income Fund is a closed ended equity mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Allianz Global Investors U.S. LLC. It invests in the public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. It primarily invests in growth stocks of companies. The fund also invests in income producing convertible securities. It employs fundamental analysis focusing on factors like above-average earnings growth, high return on invested capital, a healthy or improving balance sheet, strong competitive advantages, and development of new technologies to make its investments. The fund was formerly known as AGIC Equity & Convertible Income Fund. Virtus Equity & Convertible Income Fund was formed on Feb 27, 2007 and is domiciled in the United States.
Earnings Per Share
As for profitability, AllianzGI Equity & Convertible Income Fund has a trailing twelve months EPS of $-3.91.
Moving Average
AllianzGI Equity & Convertible Income Fund’s value is below its 50-day moving average of $20.63 and higher than its 200-day moving average of $20.18.
More news about AllianzGI Equity & Convertible Income Fund.
3. Nuveen New York AMT (NRK) – Dividend Yield: 4.39%
Nuveen New York AMT’s last close was $9.52, 15.45% under its 52-week high of $11.26. Intraday change was 0.95%.
Nuveen New York AMT-Free Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of New York. The fund invests in undervalued municipal securities and other related investments the income, covered by insurance from insurers with a claims-paying ability, exempt from regular federal and New York income tax and are rated Baa, BBB or better and having an average maturity of 15.98 years. It employs fundamental analysis with bottom-up stock picking approach to create its portfolio. The fund benchmarks the performance of its portfolio against the Standard & Poor's (S&P) New York Municipal Bond Index and the Standard & Poor's (S&P) Insured National Municipal Bond Index. It was formerly known as Nuveen New York AMT-Free Municipal Income Fund. Nuveen New York AMT-Free Quality Municipal Income Fund was formed on July 29, 2002 and is domiciled in the United States.
Earnings Per Share
As for profitability, Nuveen New York AMT has a trailing twelve months EPS of $-1.89.
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 -14.55%.
More news about Nuveen New York AMT.
4. Western Asset Municipal High Income Fund (MHF) – Dividend Yield: 4.09%
Western Asset Municipal High Income Fund’s last close was $6.10, 12.36% below its 52-week high of $6.96. Intraday change was 0%.
Western Asset Municipal High Income Fund Inc. is a closed ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. It is co-managed by Western Asset Management Company. The fund invests in the fixed income markets of the United States. It invests primarily in intermediate and long-term municipal debt securities issued by state and local governments including U.S. territories and possessions, political subdivisions, agencies and public authorities. The fund seeks to invest in investment grade debt securities rated in one of the four highest rating categories by a nationally recognized statistical rating organization to create its portfolio. It benchmarks the performance of its portfolio against the Lehman Brothers Municipal Bond Index. The fund was formerly known as Municipal High Income Fund Inc. Western Asset Municipal High Income Fund Inc. was formed on November 28, 1988 and is domiciled in the United States.
Earnings Per Share
As for profitability, Western Asset Municipal High Income Fund has a trailing twelve months EPS of $0.12.
PE Ratio
Western Asset Municipal High Income Fund has a trailing twelve months price to earnings ratio of 50.83. Meaning, the purchaser of the share is investing $50.83 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 1.66%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 5.4%, now sitting on 6.89M for the twelve trailing months.
More news about Western Asset Municipal High Income Fund.
5. South State Corporation (SSB) – Dividend Yield: 3.06%
South State Corporation’s last close was $68.69, 24.98% below its 52-week high of $91.56. Intraday change was -1.87%.
South State Corporation operates as the bank holding company for South State Bank that provides a range of banking services and products. The company accepts checking accounts, savings deposits, interest-bearing transaction accounts, certificates of deposits, and other time deposits. It also offers commercial real estate loans, residential real estate loans, commercial, and industrial loans, as well as consumer loans, including auto, boat, and personal installment loans. In addition, the company provides treasury management services, merchant services, debit card products, automated clearing house services, lock-box services, remote deposit capture services, and other treasury services. As of December 31, 2020, it served customers through 285 branches in Florida, South Carolina, Alabama, Georgia, North Carolina, and Virginia. The company was formerly known as First Financial Holdings, Inc. and changed its name to South State Corporation in July 2013. South State Corporation was founded in 1933 and is headquartered in Winter Haven, Florida.
Earnings Per Share
As for profitability, South State Corporation has a trailing twelve months EPS of $7.09.
PE Ratio
South State Corporation has a trailing twelve months price to earnings ratio of 9.69. Meaning, the purchaser of the share is investing $9.69 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 10.45%.
More news about South State Corporation.
