Cross Timbers Royalty Trust, Nuveen California AMT, Another 2 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Cross Timbers Royalty Trust (CRT), Nuveen California AMT (NKX), Diamondback Energy (FANG) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Cross Timbers Royalty Trust (CRT) 10.12% 2024-06-14 16:42:05
Nuveen California AMT (NKX) 7.51% 2024-06-17 00:23:06
Diamondback Energy (FANG) 4.85% 2024-06-23 03:09:20
Nuveen Select Maturities Municipal Fund (NIM) 3.68% 2024-06-16 23:46:06

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. Cross Timbers Royalty Trust (CRT) – Dividend Yield: 10.12%

Cross Timbers Royalty Trust’s last close was $13.16, 48.37% below its 52-week high of $25.49. Intraday change was -0.61%.

Cross Timbers Royalty Trust operates as an express trust in the United States. It holds 90% net profits interests in certain producing and nonproducing royalty and overriding royalty interest properties in Texas, Oklahoma, and New Mexico; and 75% net profits working interest in four properties in Texas and three properties in Oklahoma. Cross Timbers Royalty Trust was founded in 1991 and is based in Dallas, Texas.

Earnings Per Share

As for profitability, Cross Timbers Royalty Trust has a trailing twelve months EPS of $1.57.

PE Ratio

Cross Timbers Royalty Trust has a trailing twelve months price to earnings ratio of 8.33. Meaning, the purchaser of the share is investing $8.33 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 344.81%.

Volume

Today’s last reported volume for Cross Timbers Royalty Trust is 58895 which is 40.44% above its average volume of 41936.

More news about Cross Timbers Royalty Trust.

2. Nuveen California AMT (NKX) – Dividend Yield: 7.51%

Nuveen California AMT’s last close was $12.15, 0.65% under its 52-week high of $12.23. Intraday change was 0.3%.

Nuveen California 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 Asset Management, LLC and Nuveen Fund Advisors LLC. It invests in the fixed income markets of California, United States. The fund primarily invests in undervalued municipal securities and other related investments the income which are exempt from regular federal and California income taxes and are rated Baa, BBB or higher with an average maturity of 20.17 years. It employs fundamental analysis with a bottom-up approach to create its portfolio. The fund benchmarks the performance of its portfolio against the Standard & Poor's (S&P) California Municipal Bond Index and the S&P National Municipal Bond Index. It was formerly known as Nuveen California AMT-Free Municipal Income Fund. Nuveen California AMT-Free Quality Municipal Income Fund was formed on November 21, 2002 and is domiciled in the United States.

Earnings Per Share

As for profitability, Nuveen California AMT has a trailing twelve months EPS of $0.85.

PE Ratio

Nuveen California AMT has a trailing twelve months price to earnings ratio of 14.29. Meaning, the purchaser of the share is investing $14.29 for every dollar of annual earnings.

More news about Nuveen California AMT.

3. Diamondback Energy (FANG) – Dividend Yield: 4.85%

Diamondback Energy’s last close was $197.88, 6.64% below its 52-week high of $211.96. Intraday change was -0.92%.

Diamondback Energy, Inc., an independent oil and natural gas company, acquires, develops, explores, and exploits unconventional, onshore oil and natural gas reserves in the Permian Basin in West Texas. It focuses on the development of the Spraberry and Wolfcamp formations of the Midland basin; and the Wolfcamp and Bone Spring formations of the Delaware basin, which are part of the Permian Basin in West Texas and New Mexico. The company also owns and operates midstream infrastructure assets, in the Midland and Delaware Basins of the Permian Basin. Diamondback Energy, Inc. was founded in 2007 and is headquartered in Midland, Texas.

Earnings Per Share

As for profitability, Diamondback Energy has a trailing twelve months EPS of $17.35.

PE Ratio

Diamondback Energy has a trailing twelve months price to earnings ratio of 11.89. Meaning, the purchaser of the share is investing $11.89 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 19.91%.

Growth Estimates Quarters

The company’s growth estimates for the current quarter is 29.9% and a drop 13.1% for the next.

More news about Diamondback Energy.

4. Nuveen Select Maturities Municipal Fund (NIM) – Dividend Yield: 3.68%

Nuveen Select Maturities Municipal Fund’s last close was $8.96, 3.66% under its 52-week high of $9.30. Intraday change was 0.08%.

Nuveen Select Maturities Municipal 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 primarily in municipal securities rated Baa/BBB or better. It invests in securities that provide income exempt from federal income tax. The fund employs fundamental analysis with bottom-up stock picking approach to create its portfolio. It benchmarks the performance of its portfolio against the S&P Intermediate Municipal Bond Index and the S&P National Municipal Bond Index. Nuveen Select Maturities Municipal Fund was formed on September 18, 1992 and is domiciled in the United States.

Earnings Per Share

As for profitability, Nuveen Select Maturities Municipal Fund has a trailing twelve months EPS of $0.35.

PE Ratio

Nuveen Select Maturities Municipal Fund has a trailing twelve months price to earnings ratio of 25.6. Meaning, the purchaser of the share is investing $25.6 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 3.51%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 5.8%, now sitting on 4.57M for the twelve trailing months.

Yearly Top and Bottom Value

Nuveen Select Maturities Municipal Fund’s stock is valued at $8.96 at 20:15 EST, under its 52-week high of $9.30 and higher than its 52-week low of $8.28.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Jun 14, 2024, the estimated forward annual dividend rate is 0.33 and the estimated forward annual dividend yield is 3.68%.

Moving Average

Nuveen Select Maturities Municipal Fund’s value is above its 50-day moving average of $8.89 and higher than its 200-day moving average of $8.83.

More news about Nuveen Select Maturities Municipal Fund.

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