(VIANEWS) – Calamos Dynamic Convertible & Income Fund (CCD), Cohen & Steers Select (PSF), Merchants Bancorp (MBINP) have the highest dividend yield stocks on this list.
| Financial Asset | Forward Dividend Yield | Updated (EST) |
|---|---|---|
| Calamos Dynamic Convertible & Income Fund (CCD) | 13.29% | 2023-11-25 17:23:05 |
| Cohen & Steers Select (PSF) | 9.21% | 2023-12-04 15:49:07 |
| Merchants Bancorp (MBINP) | 7.15% | 2023-11-28 05:06:06 |
| Nuveen Dividend Advantage Municipal Fund (NAD) | 4.77% | 2023-12-03 23:09:05 |
| Nuveen Minnesota Municipal Income Fund (NMS) | 4.62% | 2023-12-04 03:10:05 |
| California Water Service Group (CWT) | 2.01% | 2023-12-02 01:11:05 |
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. Calamos Dynamic Convertible & Income Fund (CCD) – Dividend Yield: 13.29%
Calamos Dynamic Convertible & Income Fund’s last close was $18.98, 23.1% below its 52-week high of $24.68. Intraday change was 0.05%.
Calamos Dynamic Convertible and Income Fund is a closed ended fixed income mutual fund launched by Calamos Investments LLC. It is managed by Calamos Advisors LLC. The fund invests in the fixed income markets of the United States. It primarily invests in a portfolio of convertible securities, investment grade and below investment grade bonds, loans, equity-linked notes, and floating rate securities. The fund also invests through derivatives such as options. It employs fundamental analysis with a top-down global macroeconomic approach to create its portfolio. Calamos Dynamic Convertible and Income Fund was formed on March 11, 2014 and is domiciled in the United States.
Earnings Per Share
As for profitability, Calamos Dynamic Convertible & Income Fund has a trailing twelve months EPS of $-2.43.
More news about Calamos Dynamic Convertible & Income Fund.
2. Cohen & Steers Select (PSF) – Dividend Yield: 9.21%
Cohen & Steers Select’s last close was $20.15, 8.07% below its 52-week high of $21.92. Intraday change was -0.45%.
Cohen & Steers Select Preferred and Income Fund, Inc. is a closed ended fixed income mutual fund launched by Cohen & Steers Inc. It is managed by Cohen & Steers Capital Management, Inc. The fund invests in the fixed income markets across the globe. It also invests some portion of its portfolio in other open-end funds, closed-end funds, or exchange traded funds that invest primarily in preferred and/or debt securities. The fund seeks to invest in traditional preferred securities, hybrid-preferred securities, floating rate preferred securities, corporate debt securities, and convertible securities with maturity of ten years or more. It intends to utilize leverage in an amount up to 33.33% of its managed assets through borrowings. The fund uses fundamental analysis and focuses on factors like issuer's creditworthiness, account prevailing market factors, issuer's corporate and capital structure, and the placement of the preferred or debt securities within that structure. It benchmarks the performance of its portfolio against the BofA Merrill Lynch Fixed Rate Preferred Index, Barclays Capital U.S. Aggregate Bond Index, and a composite benchmark comprising of 50% of the BofA Merrill Lynch US Capital Securities Index and 50% of the BofA Merrill Lynch Fixed Rate Preferred Index. Cohen & Steers Select Preferred and Income Fund, Inc. was formed on August 16, 2010 and is domiciled in the United States.
Earnings Per Share
As for profitability, Cohen & Steers Select has a trailing twelve months EPS of $-0.18.
Volume
Today’s last reported volume for Cohen & Steers Select is 23393 which is 14.07% below its average volume of 27225.
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3. Merchants Bancorp (MBINP) – Dividend Yield: 7.15%
Merchants Bancorp’s last close was $24.46, 5.92% under its 52-week high of $26.00. Intraday change was 0.91%.
Merchants Bancorp operates as the diversified bank holding company in the United States. It operates through Multi-family Mortgage Banking, Mortgage Warehousing, and Banking segments. The Multi-family Mortgage Banking segment engages in the mortgage banking, which originates and services government sponsored mortgages including bridge financing products to refinance, acquire, or reposition multi-family housing projects, and construction lending for multi-family and healthcare facilities; offers customized loan products for need-based skilled nursing facilities, independent living, assisted living, and memory care; and tax credit equity syndicator. Its Mortgage Warehousing segment funds agency eligible residential loans including origination, purchase, and sale in the secondary market, as well as commercial loans to non-depository financial institutions. The Banking segment offers a range of financial products and services to consumers and businesses, which includes retail banking, commercial lending, agricultural lending, retail and correspondent residential mortgage banking, and small business administration lending. Merchants Bancorp was founded in 1990 and is headquartered in Carmel, Indiana.
Earnings Per Share
As for profitability, Merchants Bancorp has a trailing twelve months EPS of $4.43.
PE Ratio
Merchants Bancorp has a trailing twelve months price to earnings ratio of 5.52. Meaning, the purchaser of the share is investing $5.52 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 17%.
Volume
Today’s last reported volume for Merchants Bancorp is 1820 which is 50.06% below its average volume of 3645.
Moving Average
Merchants Bancorp’s value is above its 50-day moving average of $23.59 and above its 200-day moving average of $22.97.
Revenue Growth
Year-on-year quarterly revenue growth grew by 33.1%, now sitting on 482.46M for the twelve trailing months.
More news about Merchants Bancorp.
4. Nuveen Dividend Advantage Municipal Fund (NAD) – Dividend Yield: 4.77%
Nuveen Dividend Advantage Municipal Fund’s last close was $11.07, 8.89% under its 52-week high of $12.15. Intraday change was 1.19%.
Nuveen 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 the United States. The fund invests in undervalued municipal securities and other related investments, the income from which is exempt from regular federal income taxes. It seeks to invest in investment grade securities with an average maturity of around 18 years. The fund employs fundamental analysis with a focus on bottom-up stock picking approach to create its portfolio. It benchmarks the performance of its portfolio against Standard & Poor's (S&P). The fund was formerly known as Nuveen Dividend Advantage Municipal Fund. Nuveen Quality Municipal Income Fund was formed on January 15, 1999 and is domiciled in the United States.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 0.07%.
Moving Average
Nuveen Dividend Advantage Municipal Fund’s worth is higher than its 50-day moving average of $10.25 and higher than its 200-day moving average of $10.92.
Volume
Today’s last reported volume for Nuveen Dividend Advantage Municipal Fund is 1042020 which is 7.21% above its average volume of 971868.
Yearly Top and Bottom Value
Nuveen Dividend Advantage Municipal Fund’s stock is valued at $11.07 at 11:15 EST, below its 52-week high of $12.15 and way above its 52-week low of $9.56.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Nov 13, 2023, the estimated forward annual dividend rate is 0.53 and the estimated forward annual dividend yield is 4.77%.
More news about Nuveen Dividend Advantage Municipal Fund.
5. Nuveen Minnesota Municipal Income Fund (NMS) – Dividend Yield: 4.62%
Nuveen Minnesota Municipal Income Fund’s last close was $10.86, 13.05% below its 52-week high of $12.49. Intraday change was 1.58%.
Nuveen Minnesota 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 the United States. The fund primarily invests in investment grade municipal securities that are exempt from regular federal and Minnesota personal income taxes. It seeks to invest in securities that are rated at least Baa/BBB or better by S&P, Moody's, or Fitch. The fund was formerly known as Nuveen Minnesota Municipal Income Fund. Nuveen Minnesota Quality Municipal Income Fund was formed on June 25, 1993 and is domiciled in the United States.
Earnings Per Share
As for profitability, Nuveen Minnesota Municipal Income Fund has a trailing twelve months EPS of $-0.52.
Moving Average
Nuveen Minnesota Municipal Income Fund’s worth is higher than its 50-day moving average of $9.89 and under its 200-day moving average of $10.92.
More news about Nuveen Minnesota Municipal Income Fund.
6. California Water Service Group (CWT) – Dividend Yield: 2.01%
California Water Service Group’s last close was $51.69, 21.01% under its 52-week high of $65.44. Intraday change was 2.21%.
California Water Service Group, through its subsidiaries, provides water utility and other related services in California, Washington, New Mexico, and Hawaii. It is involved in the production, purchase, storage, treatment, testing, distribution, and sale of water for domestic, industrial, public, and irrigation uses, as well as for fire protection. The company offers its services to approximately 492,600 customer connections in 100 California communities; approximately 5,300 water and wastewater customer connections on the islands of Maui and Hawaii; approximately 36,600 customer connections in the Tacoma, Olympia, Graham, Spanaway, Puyallup, and Gig Harbor areas; and approximately 8,500 water and wastewater customer connections in the Belen, Los Lunas, Indian Hills, and Elephant Butte areas in New Mexico. It also engages in the provision of non-regulated water-related services, including operating of municipally owned water systems, privately owned water, and recycled water distribution systems; water system operation, meter reading, and billing services to private companies and municipalities; leasing of communication antenna sites on its properties to telecommunication companies; and billing of optional third-party insurance programs to its residential customers, as well as provides lab services. In addition, the company offers wastewater collection and treatment services. California Water Service Group was founded in 1926 and is headquartered in San Jose, California.
Earnings Per Share
As for profitability, California Water Service Group has a trailing twelve months EPS of $0.74.
PE Ratio
California Water Service Group has a trailing twelve months price to earnings ratio of 69.85. Meaning, the purchaser of the share is investing $69.85 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 3.04%.
More news about California Water Service Group.
