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Eagle Point Credit Company, Gabelli Equity Trust, Another 5 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Eagle Point Credit Company (ECC), Gabelli Equity Trust (GAB), Flaherty & Crumrine (FFC) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Eagle Point Credit Company (ECC) 16.63% 2024-01-24 05:07:05
Gabelli Equity Trust (GAB) 11.74% 2024-01-24 17:15:06
Flaherty & Crumrine (FFC) 7.05% 2024-01-24 13:44:05
OGE Energy Corporation (OGE) 5.08% 2024-01-26 13:42:06
PIMCO California Municipal Income Fund (PCQ) 4.74% 2024-01-26 17:08:06
Park Electrochemical Corporation (PKE) 3.2% 2024-01-26 19:15:12
ADT Corporation (ADT) 2.23% 2024-01-22 19:41:06

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. Eagle Point Credit Company (ECC) – Dividend Yield: 16.63%

Eagle Point Credit Company’s last close was $10.10, 14.33% under its 52-week high of $11.79. Intraday change was 0.6%.

Eagle Point Credit Company Inc. is a closed ended fund launched and managed by Eagle Point Credit Management LLC. It invests in fixed income markets of the United States. The fund invests equity and junior debt tranches of collateralized loan obligations consisting primarily of below investment grade U.S. senior secured loans. Eagle Point Credit Company Inc. was formed on March 24, 2014 and is domiciled in the United States.

Earnings Per Share

As for profitability, Eagle Point Credit Company has a trailing twelve months EPS of $1.09.

PE Ratio

Eagle Point Credit Company has a trailing twelve months price to earnings ratio of 9.27. Meaning, the purchaser of the share is investing $9.27 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 16.22%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 19.3%, now sitting on 132.2M for the twelve trailing months.

Moving Average

Eagle Point Credit Company’s value is above its 50-day moving average of $9.58 and under its 200-day moving average of $10.18.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Feb 7, 2024, the estimated forward annual dividend rate is 1.68 and the estimated forward annual dividend yield is 16.63%.

Yearly Top and Bottom Value

Eagle Point Credit Company’s stock is valued at $10.10 at 09:15 EST, way below its 52-week high of $11.79 and way higher than its 52-week low of $8.60.

More news about Eagle Point Credit Company.

2. Gabelli Equity Trust (GAB) – Dividend Yield: 11.74%

Gabelli Equity Trust’s last close was $5.11, 14.98% below its 52-week high of $6.01. Intraday change was -0.59%.

The Gabelli Equity Trust Inc. is a closed ended equity mutual fund launched by GAMCO Investors, Inc. The fund is managed by Gabelli Funds, LLC. It invests in public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It invests in preferred stock, convertible or exchangeable securities, and warrants and rights. The fund primarily invests in value stocks of companies across market capitalizations. It employs fundamental analysis with a bottom-up stock picking approach to create its portfolio. The fund seeks to benchmarks the performance of its portfolio against the S&P 500 Index, Dow Jones Industrial Average, and Nasdaq Composite Index. The Gabelli Equity Trust Inc. was formed on August 21, 1986 and is domiciled in the United States.

Earnings Per Share

As for profitability, Gabelli Equity Trust has a trailing twelve months EPS of $1.11.

PE Ratio

Gabelli Equity Trust has a trailing twelve months price to earnings ratio of 4.58. Meaning, the purchaser of the share is investing $4.58 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 16.79%.

More news about Gabelli Equity Trust.

3. Flaherty & Crumrine (FFC) – Dividend Yield: 7.05%

Flaherty & Crumrine’s last close was $14.26, 18.98% below its 52-week high of $17.60. Intraday change was -0.34%.

Flaherty & Crumrine Preferred Securities Income Fund Inc. is a closed-ended balanced mutual fund launched and managed by Flaherty & Crumrine Incorporated. The fund invests in the public equity and fixed income markets of the United States. It seeks to invest in securities of companies operating across diversified sectors. The fund primarily invests in investment grade preferred securities consisting of hybrid or taxable preferreds. It employs quantitative analysis to create its portfolio. The fund benchmarks the performance of its portfolio against the Merrill Lynch 8% Capped DRD Preferred Stock Index, Merrill Lynch Hybrid Preferred Securities Index, and Merrill Lynch Adjustable Preferred Stock 7% Constrained Index. It was formerly known as Flaherty & Crumrine/Claymore Preferred Securities Income Fund Incorporated. Flaherty & Crumrine Preferred Securities Income Fund Inc. was formed on May 23, 2002 and is domiciled in the United States.

Earnings Per Share

As for profitability, Flaherty & Crumrine has a trailing twelve months EPS of $-1.81.

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 -11.14%.

Volume

Today’s last reported volume for Flaherty & Crumrine is 96202 which is 42.68% below its average volume of 167859.

Moving Average

Flaherty & Crumrine’s value is higher than its 50-day moving average of $13.82 and higher than its 200-day moving average of $13.50.

More news about Flaherty & Crumrine.

4. OGE Energy Corporation (OGE) – Dividend Yield: 5.08%

OGE Energy Corporation’s last close was $32.96, 18.11% below its 52-week high of $40.25. Intraday change was -0.52%.

OGE Energy Corp., together with its subsidiaries, operates as an energy and energy services provider that offers physical delivery and related services in the United States. It operates through Electric Company Operations and Natural Gas Midstream segments. The company generates, transmits, distributes, and sells electric energy. In addition, it provides retail electric service to approximately 889,000 customers, which covers a service area of approximately 30,000 square miles in Oklahoma and western Arkansas; and owns and operates coal-fired, natural gas-fired, wind-powered, and solar-powered generating assets. OGE Energy Corp. was founded in 1902 and is headquartered in Oklahoma City, Oklahoma.

Earnings Per Share

As for profitability, OGE Energy Corporation has a trailing twelve months EPS of $2.08.

PE Ratio

OGE Energy Corporation has a trailing twelve months price to earnings ratio of 15.76. Meaning, the purchaser of the share is investing $15.76 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 9.33%.

Sales Growth

OGE Energy Corporation’s sales growth is 74.5% for the ongoing quarter and 13.1% for the next.

Earnings Before Interest, Taxes, Depreciation, and Amortization

OGE Energy Corporation’s EBITDA is 24.31.

More news about OGE Energy Corporation.

5. PIMCO California Municipal Income Fund (PCQ) – Dividend Yield: 4.74%

PIMCO California Municipal Income Fund’s last close was $9.12, 19.15% below its 52-week high of $11.28. Intraday change was 0%.

PIMCO California Municipal Income Fund is a closed ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. It is co-managed by Pacific Investment Management Company LLC. The fund invests in fixed income markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in municipal bonds. PIMCO California Municipal Income Fund was formed on June 29, 2001 and is domiciled in New York.

Earnings Per Share

As for profitability, PIMCO California Municipal Income Fund has a trailing twelve months EPS of $0.17.

PE Ratio

PIMCO California Municipal Income Fund has a trailing twelve months price to earnings ratio of 53.65. Meaning, the purchaser of the share is investing $53.65 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 2.66%.

Moving Average

PIMCO California Municipal Income Fund’s value is below its 50-day moving average of $9.28 and under its 200-day moving average of $9.41.

Revenue Growth

Year-on-year quarterly revenue growth declined by 14.6%, now sitting on 14.93M for the twelve trailing months.

Volume

Today’s last reported volume for PIMCO California Municipal Income Fund is 56930 which is 40.32% below its average volume of 95396.

Yearly Top and Bottom Value

PIMCO California Municipal Income Fund’s stock is valued at $9.12 at 09:15 EST, way under its 52-week high of $11.28 and way above its 52-week low of $8.19.

More news about PIMCO California Municipal Income Fund.

6. Park Electrochemical Corporation (PKE) – Dividend Yield: 3.2%

Park Electrochemical Corporation’s last close was $15.69, 7.27% below its 52-week high of $16.92. Intraday change was 0.32%.

Park Aerospace Corp., an aerospace company, develops and manufactures solution and hot-melt advanced composite materials used to produce composite structures for the aerospace market in North America, Asia, and Europe. It offers advanced composite materials, including film adhesives and lightning strike protection materials that are used to produce primary and secondary structures for jet engines, large and regional transport aircrafts, military aircrafts, unmanned aerial vehicles, business jets, general aviation aircrafts, and rotary wing aircrafts. The company also provides specialty ablative materials for rocket motors and nozzles; and specially designed materials for radome applications. In addition, it designs and fabricates composite parts, structures and assemblies, and low volume tooling for the aerospace industry. The company was formerly known as Park Electrochemical Corp. and changed its name to Park Aerospace Corp. in July 2019. Park Aerospace Corp. was incorporated in 1954 and is based in Westbury, New York.

Earnings Per Share

As for profitability, Park Electrochemical Corporation has a trailing twelve months EPS of $0.47.

PE Ratio

Park Electrochemical Corporation has a trailing twelve months price to earnings ratio of 33.38. Meaning, the purchaser of the share is investing $33.38 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 7.74%.

Volume

Today’s last reported volume for Park Electrochemical Corporation is 110448 which is 103.05% above its average volume of 54393.

Revenue Growth

Year-on-year quarterly revenue growth declined by 16.1%, now sitting on 53.2M for the twelve trailing months.

More news about Park Electrochemical Corporation.

7. ADT Corporation (ADT) – Dividend Yield: 2.23%

ADT Corporation’s last close was $6.34, 28.92% under its 52-week high of $8.92. Intraday change was 1.12%.

ADT Inc. provides security and automation solutions for homes and businesses in the United States and Canada. It provides a range of fire detection, fire suppression, video surveillance, and access control systems to residential, commercial, and multi-site customers. The company primarily offers monitored security and automation solutions, including the installation and monitoring of security and premises automation systems designed to detect intrusion, control access, sense movement, smoke, fire, carbon monoxide, flooding, temperature, and other environmental conditions and hazards; and address personal emergencies such as injuries, medical emergencies, or incapacitation. It also provides interactive solutions that allow customers to use their smart phones, tablets, and laptops to arm and disarm their security systems, adjust lighting or thermostat levels, view real-time video of their premises, and program customizable schedules for the management of a range of smart home products. In addition, the company offers professional monitoring of third-party devices by enabling other companies to integrate solutions into its monitoring and billing platform. It provides its products under the ADT, ADT Pulse, Protection 1, ADT Commercial, and Blue by ADT names. As of December 31, 2019, ADT Inc. operated through a network of approximately 200 sales and service offices, 9 underwriter laboratories listed monitoring centers, 13 customer and field support locations, two national sales call centers, and two regional distribution centers. The company was formerly known as Prime Security Services Parent, Inc. and changed its name to ADT Inc. in September 2017. ADT Inc. was founded in 1874 and is headquartered in Boca Raton, Florida.

Earnings Per Share

As for profitability, ADT Corporation has a trailing twelve months EPS of $0.07.

PE Ratio

ADT Corporation has a trailing twelve months price to earnings ratio of 90.57. Meaning, the purchaser of the share is investing $90.57 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 0.57%.

Moving Average

ADT Corporation’s worth is above its 50-day moving average of $6.31 and above its 200-day moving average of $6.25.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Dec 12, 2023, the estimated forward annual dividend rate is 0.14 and the estimated forward annual dividend yield is 2.23%.

Yearly Top and Bottom Value

ADT Corporation’s stock is valued at $6.34 at 09:15 EST, way below its 52-week high of $8.92 and way above its 52-week low of $4.89.

More news about ADT Corporation.

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