CBRE Clarion Global Real Estate Income Fund, Sprott Focus Trust, Another 5 Companies Have A High Estimated Dividend Yield

(VIANEWS) – CBRE Clarion Global Real Estate Income Fund (IGR), Sprott Focus Trust (FUND), MainStay DefinedTerm Municipal Opportunities Fund (MMD) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
CBRE Clarion Global Real Estate Income Fund (IGR) 13.36% 2023-08-18 07:08:08
Sprott Focus Trust (FUND) 6.18% 2023-08-04 15:07:14
MainStay DefinedTerm Municipal Opportunities Fund (MMD) 5.01% 2023-08-18 22:55:14
M&T Bank (MTB) 4.07% 2023-08-20 03:19:35
Comtech Telecommunications Corp. (CMTL) 3.96% 2023-08-03 13:11:08
Kaiser Aluminum Corporation (KALU) 3.86% 2023-08-05 09:12:07
Allstate (ALL) 3.39% 2023-08-20 03:15:13

Almost 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. CBRE Clarion Global Real Estate Income Fund (IGR) – Dividend Yield: 13.36%

CBRE Clarion Global Real Estate Income Fund’s last close was $5.16, 34.52% under its 52-week high of $7.88. Intraday change was -1.34%.

CBRE Clarion Global Real Estate Income Fund specializes in investments in various property types, including office, retail, diversified, apartments, industrials, hotels, healthcare, and storage. It invests in the public equity markets across the developed markets of North America, Europe, Australia, and Asia. The fund seeks to invest in stocks of companies operating across the real estate sector including REITs. It invests in stocks of companies across diversified market capitalizations. The fund employs fundamental analysis to create its portfolio. It conducts in-house research to make its investments.

Earnings Per Share

As for profitability, CBRE Clarion Global Real Estate Income Fund has a trailing twelve months EPS of $-3.48.

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 -41.27%.

Volatility

CBRE Clarion Global Real Estate Income Fund’s last week, last month’s, and last quarter’s current intraday variation average was a negative 1.47%, a negative 0.31%, and a positive 1.06%.

CBRE Clarion Global Real Estate Income Fund’s highest amplitude of average volatility was 1.47% (last week), 1.05% (last month), and 1.06% (last quarter).

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Aug 17, 2023, the estimated forward annual dividend rate is 0.72 and the estimated forward annual dividend yield is 13.36%.

Moving Average

CBRE Clarion Global Real Estate Income Fund’s worth is below its 50-day moving average of $5.36 and way under its 200-day moving average of $5.75.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, CBRE Clarion Global Real Estate Income Fund’s stock is considered to be overbought (>=80).

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2. Sprott Focus Trust (FUND) – Dividend Yield: 6.18%

Sprott Focus Trust’s last close was $8.21, 8.27% below its 52-week high of $8.95. Intraday change was 0.12%.

Sprott Focus Trust, Inc. is a closed-ended equity mutual fund launched and managed by Sprott Asset Management, LP. The fund is co-managed by Sprott Asset Management USA Inc. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in value stocks of companies across all market capitalizations. The fund benchmarks the performance of its portfolio against the Russell 3000 Index. It was formerly known as Royce Focus Trust, Inc. Sprott Focus Trust, Inc. was formed on March 2, 1988 and is domiciled in the United States.

Earnings Per Share

As for profitability, Sprott Focus Trust has a trailing twelve months EPS of $-0.03.

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 -0.31%.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Jun 8, 2023, the estimated forward annual dividend rate is 0.51 and the estimated forward annual dividend yield is 6.18%.

More news about Sprott Focus Trust.

3. MainStay DefinedTerm Municipal Opportunities Fund (MMD) – Dividend Yield: 5.01%

MainStay DefinedTerm Municipal Opportunities Fund’s last close was $16.92, 10.43% below its 52-week high of $18.89. Intraday change was 0.36%.

MainStay DefinedTerm Municipal Opportunities Fund is a closed-ended fixed income mutual fund launched and managed by New York Life Investment Management LLC. The fund is co-managed by MacKay Shields LLC. It invests in the fixed income markets of the United States. The fund primarily invests in investment grade municipal bonds which are exempt from regular U.S. Federal income taxes. It benchmarks the performance of its portfolio against the Barclays Municipal Bond Index. MainStay DefinedTerm Municipal Opportunities Fund was formed on June 26, 2012 and is domiciled in the United States.

Earnings Per Share

As for profitability, MainStay DefinedTerm Municipal Opportunities Fund has a trailing twelve months EPS of $-3.04.

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 -1.7%.

Volume

Today’s last reported volume for MainStay DefinedTerm Municipal Opportunities Fund is 42645 which is 7.36% below its average volume of 46037.

Yearly Top and Bottom Value

MainStay DefinedTerm Municipal Opportunities Fund’s stock is valued at $16.92 at 17:15 EST, way under its 52-week high of $18.89 and way higher than its 52-week low of $15.15.

Moving Average

MainStay DefinedTerm Municipal Opportunities Fund’s value is higher than its 50-day moving average of $16.91 and under its 200-day moving average of $16.95.

More news about MainStay DefinedTerm Municipal Opportunities Fund.

4. M&T Bank (MTB) – Dividend Yield: 4.07%

M&T Bank’s last close was $127.68, 33.69% below its 52-week high of $192.56. Intraday change was 0.4%.

M&T Bank Corporation operates as a bank holding company for Manufacturers and Traders Trust Company and Wilmington Trust, National Association that offer retail and commercial banking products and services in the United States. The company's Business Banking segment offers deposit, lending, cash management, and other financial services to small businesses and professionals. Its Commercial Banking segment provides deposit products, commercial lending and leasing, letters of credit, and cash management services for middle-market and large commercial customers. The company's Commercial Real Estate segment originates, sells, and services commercial real estate loans; and offers deposit, and credit services. Its Discretionary Portfolio segment provides deposits, securities, residential real estate loans, and other assets; and short and long term borrowed funds, as well as foreign exchange services. The company's Residential Mortgage Banking segment offers residential real estate loans for consumers and sells those loans in the secondary market; and purchases servicing rights to loans, and sub-services residential real estate loans for others. Its Retail Banking segment offers demand, savings, and time accounts; consumer installment loans, automobile and recreational finance loans, home equity loans and lines of credit, and credit cards; mutual funds and annuities; and other services. The company also provides trust and wealth management; fiduciary and custodial; insurance agency; institutional brokerage and securities; and investment management and advisory services; financial management, and planning, leasing, and financing services. It offers its services through banking offices, business banking centers, telephone and internet banking, and automated teller machines. M&T Bank Corporation was founded in 1856 and is headquartered in Buffalo, New York.

Earnings Per Share

As for profitability, M&T Bank has a trailing twelve months EPS of $17.13.

PE Ratio

M&T Bank has a trailing twelve months price to earnings ratio of 7.92. Meaning, the purchaser of the share is investing $7.92 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 11.55%.

Volatility

M&T Bank’s last week, last month’s, and last quarter’s current intraday variation average was a negative 1.02%, a negative 0.41%, and a positive 1.59%.

M&T Bank’s highest amplitude of average volatility was 1.63% (last week), 1.32% (last month), and 1.59% (last quarter).

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Aug 30, 2023, the estimated forward annual dividend rate is 5.2 and the estimated forward annual dividend yield is 4.07%.

Volume

Today’s last reported volume for M&T Bank is 132819 which is 88.72% below its average volume of 1178050.

More news about M&T Bank.

5. Comtech Telecommunications Corp. (CMTL) – Dividend Yield: 3.96%

Comtech Telecommunications Corp.’s last close was $10.00, 40.72% below its 52-week high of $16.87. Intraday change was 0%.

Comtech Telecommunications Corp., together with its subsidiaries, designs, develops, produces, and markets products, systems, and services for communications solutions in the United States and internationally. It operates in two segments, Commercial Solutions and Government Solutions. The Commercial Solutions segment offers satellite ground station technologies, including single channel per carrier and time division multiple access modems, amplifiers, frequency converters, and network software to modulate, demodulate, and amplify signals, as well as to carry voice, video, and/or data over networks; and public safety and location technologies, such as 911 call handling and mapping solutions that allow cellular carriers and voice over the Internet carriers to deliver emergency calls to public safety emergency call centers. The Government Solutions segment provides tactical satellite-based networks, such as satellite modems, ruggedized routers, and solid-state drives; sustainment services for the secret Internet Protocol router and non-classified Internet Protocol router access point; and small aperture terminals. This segment also offers high-performance transmission technologies that are used in communication systems comprising electronic warfare, radar, and identification friend or foe (IFF); troposcatter technologies for satellite communication; and high-power radio frequency microwave amplifiers and related switching control technologies that are used in electronic warfare, communications, radar, IFF, and medical applications. The company serves satellite systems integrators, wireless and other communication service providers, satellite broadcasters, prime contractors and system suppliers, medical equipment companies, aviation industry system integrators, oil companies, and domestic and international defense and government customers, as well as end-customers. Comtech Telecommunications Corp. was founded in 1967 and is headquartered in Melville, New York.

Earnings Per Share

As for profitability, Comtech Telecommunications Corp. has a trailing twelve months EPS of $-1.28.

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 -5.1%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 11.6%, now sitting on 528.16M for the twelve trailing months.

Sales Growth

Comtech Telecommunications Corp.’s sales growth for the current quarter is 10.4%.

Yearly Top and Bottom Value

Comtech Telecommunications Corp.’s stock is valued at $10.00 at 17:15 EST, way under its 52-week high of $16.87 and way higher than its 52-week low of $8.31.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter is 165.4% and a drop 31.2% for the next.

More news about Comtech Telecommunications Corp..

6. Kaiser Aluminum Corporation (KALU) – Dividend Yield: 3.86%

Kaiser Aluminum Corporation’s last close was $78.97, 19.07% under its 52-week high of $97.58. Intraday change was -0.48%.

Kaiser Aluminum Corporation manufactures and sells semi-fabricated specialty aluminum mill products. The company provides rolled, extruded, and drawn aluminum products used principally for aerospace and defense, automotive, consumer durables, electronics, electrical, and machinery and equipment applications. Its aerospace and high strength products include heat treat plates and sheets, hard alloy extruded shapes, cold finish rods and bars, seamless drawn tubes, and billets for aerospace and defense industries. The company's automotive extrusions include extruded aluminum products for structural components, crash management systems, anti-lock braking systems, and drawn tubes for drive shafts, as well as offers fabrication services, including sawing and cutting to length. Its general engineering products comprise alloy plate, sheet, rod, bar, tube, wire, and standard extrusion shapes used in various applications, including the production of military vehicles, ordnances, semiconductor manufacturing cells, electronic devices, after-market motor sport parts, tooling plates, parts for machinery and equipment, bolts, screws, nails, and rivets. The company also offers extruded, drawn, and cast billet aluminum products for industrial end uses. It sells its products directly to customers through sales personnel located in the United States, Canada, Western Europe, and China, as well as through independent sales agents in other regions of Asia, Latin America, and the Middle East. Kaiser Aluminum Corporation was founded in 1946 and is based in Foothill Ranch, California.

Earnings Per Share

As for profitability, Kaiser Aluminum Corporation has a trailing twelve months EPS of $0.62.

PE Ratio

Kaiser Aluminum Corporation has a trailing twelve months price to earnings ratio of 127.37. Meaning, the purchaser of the share is investing $127.37 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 1.6%.

Volume

Today’s last reported volume for Kaiser Aluminum Corporation is 43203 which is 54.81% below its average volume of 95612.

Moving Average

Kaiser Aluminum Corporation’s worth is above its 50-day moving average of $72.33 and above its 200-day moving average of $76.18.

More news about Kaiser Aluminum Corporation.

7. Allstate (ALL) – Dividend Yield: 3.39%

Allstate’s last close was $106.19, 25.3% under its 52-week high of $142.15. Intraday change was -0.31%.

The Allstate Corporation, together with its subsidiaries, provides property and casualty, and other insurance products in the United States and Canada. The company operates through Allstate Protection; Protection Services; Allstate Health and Benefits; and Run-off Property-Liability segments. The Allstate Protection segment offers private passenger auto and homeowners insurance; other personal lines products; and commercial lines products under the Allstate and Encompass brand names. The Protection Services segment provides consumer product protection plans and related technical support for mobile phones, consumer electronics, furniture, and appliances; finance and insurance products, including vehicle service contracts, guaranteed asset protection waivers, road hazard tire and wheel, and paint and fabric protection; towing, jump-start, lockout, fuel delivery, and tire change services; device and mobile data collection services; data and analytic solutions using automotive telematics information; and identity protection services. This segment offers its products under various brands, including Allstate Protection Plans, Allstate Dealer Services, Allstate Roadside, Arity, Avail, and Allstate Identity Protection. The Allstate Health and Benefits segment provides life, accident, critical illness, short-term disability, and other health insurance products; stop-loss and fully insured group health products to employers; and short-term medical and medicare supplement insurance to individuals. The Run-off Property-Liability segment offers property and casualty insurance. It sells its products through agents, independent agents, call centers, retailers, voluntary benefits brokers, strategic partners, financial specialists, wholesale partners, and affinity groups, as well as through online and mobile applications. The company was founded in 1931 and is headquartered in Northbrook, Illinois.

Earnings Per Share

As for profitability, Allstate has a trailing twelve months EPS of $-8.68.

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 -15.19%.

Yearly Top and Bottom Value

Allstate’s stock is valued at $110.35 at 17:15 EST, way under its 52-week high of $142.15 and above its 52-week low of $100.57.

Volume

Today’s last reported volume for Allstate is 273635 which is 85.6% below its average volume of 1900750.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Aug 29, 2023, the estimated forward annual dividend rate is 3.56 and the estimated forward annual dividend yield is 3.39%.

Sales Growth

Allstate’s sales growth is 10.1% for the ongoing quarter and 9.7% for the next.

More news about Allstate.

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