Cross Timbers Royalty Trust, Tortoise MLP Fund, Another 4 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Cross Timbers Royalty Trust (CRT), Tortoise MLP Fund (NTG), MFS High Income Municipal Trust (CXE) 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
Tortoise MLP Fund (NTG) 8.95% 2024-05-30 07:10:05
MFS High Income Municipal Trust (CXE) 4.39% 2024-06-14 19:06:05
Nuveen California Select Tax (NXC) 4.09% 2024-05-30 07:44:05
Myers Industries (MYE) 3.52% 2024-05-29 23:49:05
Business First Bancshares (BFST) 2.72% 2024-06-07 23:23:06

Close to 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% under 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%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 52.8%, now sitting on 10.29M for the twelve trailing months.

Volume

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

Moving Average

Cross Timbers Royalty Trust’s worth is below its 50-day moving average of $13.70 and way below its 200-day moving average of $17.03.

More news about Cross Timbers Royalty Trust.

2. Tortoise MLP Fund (NTG) – Dividend Yield: 8.95%

Tortoise MLP Fund’s last close was $39.20, 6.53% under its 52-week high of $41.94. Intraday change was -1.78%.

Tortoise MLP Fund, Inc. is a close ended equity mutual fund launched and managed by Tortoise Capital Advisors L.L.C. It invests in public equity markets. The fund primarily invests in equity securities of MLPs and their affiliates, with an emphasis on natural gas infrastructure Master Limited Partnerships. It employs a fundamental analysis with a bottom up stock picking approach with focus on factors like quantitative, qualitative, and relative value factors to create its portfolio. Tortoise MLP Fund, Inc. was formed on July 27, 2010 is domiciled in United States.

Earnings Per Share

As for profitability, Tortoise MLP Fund has a trailing twelve months EPS of $1.49.

PE Ratio

Tortoise MLP Fund has a trailing twelve months price to earnings ratio of 26.31. Meaning, the purchaser of the share is investing $26.31 for every dollar of annual earnings.

Volume

Today’s last reported volume for Tortoise MLP Fund is 20976 which is 79.63% above its average volume of 11677.

Moving Average

Tortoise MLP Fund’s worth is above its 50-day moving average of $38.76 and higher than its 200-day moving average of $35.76.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Aug 23, 2023, the estimated forward annual dividend rate is 3.08 and the estimated forward annual dividend yield is 8.95%.

More news about Tortoise MLP Fund.

3. MFS High Income Municipal Trust (CXE) – Dividend Yield: 4.39%

MFS High Income Municipal Trust’s last close was $3.71, 1.33% under its 52-week high of $3.76. Intraday change was 0.54%.

MFS High Income Municipal Trust is a close ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. The fund invests in the fixed income markets. It primarily invests in municipal bonds and local general obligations of various sectors, such as multifamily, hospitals, care retirement, and investor-owned utilities. The fund benchmarks the performance of its portfolio against Barclays Municipal Bond Index. It was formerly known as Colonial High Income Municipal Trust. MFS High Income Municipal Trust was formed on February 17, 1989 and is domiciled in United States.

Earnings Per Share

As for profitability, MFS High Income Municipal Trust has a trailing twelve months EPS of $0.07.

PE Ratio

MFS High Income Municipal Trust has a trailing twelve months price to earnings ratio of 53. Meaning, the purchaser of the share is investing $53 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 1.92%.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Jun 18, 2024, the estimated forward annual dividend rate is 0.16 and the estimated forward annual dividend yield is 4.39%.

Yearly Top and Bottom Value

MFS High Income Municipal Trust’s stock is valued at $3.71 at 20:15 EST, below its 52-week high of $3.76 and way above its 52-week low of $2.95.

Volume

Today’s last reported volume for MFS High Income Municipal Trust is 55961 which is 1.06% above its average volume of 55374.

More news about MFS High Income Municipal Trust.

4. Nuveen California Select Tax (NXC) – Dividend Yield: 4.09%

Nuveen California Select Tax’s last close was $12.82, 7.1% under its 52-week high of $13.80. Intraday change was -0.77%.

Nuveen California Select Tax-Free Income Portfolio 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 California. The fund invests in the securities of companies that operate across diversified sectors. It primarily invests in municipal bonds. The fund employs fundamental analysis to create its portfolio. It benchmarks the performance of its portfolio against Barclays Capital California Municipal Bond Index and S&P California Municipal Bond Index. Nuveen California Select Tax-Free Income Portfolio was formed on June 19, 1992 and is domiciled in the United States.

Earnings Per Share

As for profitability, Nuveen California Select Tax has a trailing twelve months EPS of $0.8.

PE Ratio

Nuveen California Select Tax has a trailing twelve months price to earnings ratio of 16.02. Meaning, the purchaser of the share is investing $16.02 for every dollar of annual earnings.

More news about Nuveen California Select Tax.

5. Myers Industries (MYE) – Dividend Yield: 3.52%

Myers Industries’s last close was $15.34, 35.08% under its 52-week high of $23.63. Intraday change was -0.39%.

Myers Industries, Inc. engages in distribution of tire service supplies in Ohio. It operates through two segments, The Material Handling and Distribution. The Material Handling segment offers pallets, small parts bins, bulk shipping containers, and OEM parts, as well as storage and organization, and custom plastic products; and injection molded, rotationally molded or blow molded products, consumer fuel containers and tanks for water, fuel, and waste handling. It serves industrial manufacturing, food processing, retail/wholesale products distribution, agriculture, automotive, recreational and marine vehicles, healthcare, appliance, bakery, electronics, textiles, consumer markets, and other markets under Akro-Mils, Jamco, Buckhorn, Ameri-Kart, Scepter, Elkhart Plastics, and Trilogy Plastics brands directly to end-users, as well as through distributors. The Distribution segment engages in the distribution of tools, equipment, and supplies for tire, wheel, and under-vehicle service on passenger, heavy truck, and off-road vehicles; and manufacture and sale of tire repair materials and custom rubber products, as well as reflective highway marking tapes under the Myers Tire Supply, Myers Tire Supply International, Tuffy Manufacturing, Mohawk Rubber Sales, Patch Rubber Company, Elrick, Fleetline, MTS, Seymoure, Advance Traffic Markings, and MXP brands. This segment serves retail and truck tire dealers, commercial auto and truck fleets, auto dealers, general service and repair centers, tire re-treaders, truck stop operations, and government agencies. The company was founded in 1933 and is headquartered in Akron, Ohio.

Earnings Per Share

As for profitability, Myers Industries has a trailing twelve months EPS of $1.06.

PE Ratio

Myers Industries has a trailing twelve months price to earnings ratio of 14.47. Meaning, the purchaser of the share is investing $14.47 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 14.15%.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Mar 14, 2024, the estimated forward annual dividend rate is 0.54 and the estimated forward annual dividend yield is 3.52%.

More news about Myers Industries.

6. Business First Bancshares (BFST) – Dividend Yield: 2.72%

Business First Bancshares’s last close was $20.57, 19.55% under its 52-week high of $25.57. Intraday change was -0.15%.

Business First Bancshares, Inc. operates as the bank holding company for b1BANK that provides various banking products and services. It offers various deposit products and services, including checking, demand, money market, time, and savings accounts; and certificates of deposits, remote deposit capture, and direct deposit services. The company also provides commercial and industrial loans, such as commercial lines of credit, letters of credit, working capital, term, equipment financing, asset acquisition, expansion and development, borrowing base, and other loan products; construction and development loans; commercial real estate loans; residential real estate loans comprising first and second lien 1-4 family mortgage loans, and home equity lines of credit; and consumer loans, including secured and unsecured installment and term loans. In addition, it offers wealth management products, including mutual funds, annuities, individual retirement accounts, and other financial products, as well as other fiduciary services and private banking products and services. Further, the company provides a range of other financial services comprising debit and credit cards, treasury and cash management, merchant, automated clearing house, lock-box, receivables factoring, correspondent banking, and other treasury services, as well as employee and payroll benefits solutions; and drive-through banking facilities, automated teller machines, night depository, personalized checks, electronic funds transfer, domestic and foreign wire transfer, traveler's checks, vault, loan and deposit sweep accounts, online and mobile banking, e-statements, and bank-by-mail services. It operates full-service banking centers and loan production offices across Louisiana, and in the Dallas and Houston markets. Business First Bancshares, Inc. was founded in 2006 and is headquartered in Baton Rouge, Louisiana.

Earnings Per Share

As for profitability, Business First Bancshares has a trailing twelve months EPS of $2.53.

PE Ratio

Business First Bancshares has a trailing twelve months price to earnings ratio of 8.13. Meaning, the purchaser of the share is investing $8.13 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 11.16%.

Yearly Top and Bottom Value

Business First Bancshares’s stock is valued at $20.57 at 20:15 EST, way under its 52-week high of $25.57 and way higher than its 52-week low of $14.39.

More news about Business First Bancshares.

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