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First Trust Energy Infrastructure Fund, First Trust Enhanced Equity Income Fund, Another 2 Companies Have A High Estimated Dividend Yield

(VIANEWS) – First Trust Energy Infrastructure Fund (FIF), First Trust Enhanced Equity Income Fund (FFA), Lamar Advertising Company (LAMR) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
First Trust Energy Infrastructure Fund (FIF) 8.23% 2024-04-22 11:47:06
First Trust Enhanced Equity Income Fund (FFA) 7.04% 2024-04-22 11:15:05
Lamar Advertising Company (LAMR) 4.38% 2024-04-11 15:15:06
Arrow Financial Corporation (AROW) 4.34% 2024-04-08 16:41:06

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. First Trust Energy Infrastructure Fund (FIF) – Dividend Yield: 8.23%

First Trust Energy Infrastructure Fund’s last close was $18.05, 2.75% below its 52-week high of $18.56. Intraday change was 0.39%.

First Trust Energy Infrastructure Fund is a closed-ended equity mutual fund launched and managed by First Trust Advisors L.P. The fund is co-managed by Energy Income Partners LLC. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating in the energy infrastructure sector, including pipeline companies, utilities, and other companies that derive at least 50% of their revenues from operating or providing services in support of infrastructure assets such as pipelines, power transmission, and petroleum and natural gas storage in the petroleum, natural gas, and power generation industries. It primarily invests in stocks of publicly-traded master limited partnerships and MLP affiliates. The fund benchmarks the performance of its portfolio against the Philadelphia Stock Exchange Utility Index, Alerian MLP Total Return Index, and a blended index comprised of 50% Philadelphia Stock Exchange Utility Index and 50% Alerian MLP Total Return Index. First Trust Energy Infrastructure Fund was formed on February 22, 2011 and is domiciled in the United States.

Earnings Per Share

As for profitability, First Trust Energy Infrastructure Fund has a trailing twelve months EPS of $-1.02.

More news about First Trust Energy Infrastructure Fund.

2. First Trust Enhanced Equity Income Fund (FFA) – Dividend Yield: 7.04%

First Trust Enhanced Equity Income Fund’s last close was $17.89, 7.31% under its 52-week high of $19.30. Intraday change was 0.84%.

First Trust Enhanced Equity Income Fund is a closed-ended equity mutual fund launched and managed by First Trust Advisors L.P. The fund is co-managed by Chartwell Investment Partners, L.P. It invests in public equity markets of the United States. The fund seeks to invest in stocks of companies operating across the diversified sectors. It invests in stocks of companies across diversified market capitalizations. The fund also writes covered call options. It benchmarks the performance of its portfolio against the S&P 500 Index. The fund was formerly known as First Trust/Fiduciary Asset Management Covered Call Fund. First Trust Enhanced Equity Income Fund was formed on August 26, 2004 and is domiciled in the United States.

Earnings Per Share

As for profitability, First Trust Enhanced Equity Income Fund has a trailing twelve months EPS of $3.31.

PE Ratio

First Trust Enhanced Equity Income Fund has a trailing twelve months price to earnings ratio of 5.45. Meaning, the purchaser of the share is investing $5.45 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 18.71%.

More news about First Trust Enhanced Equity Income Fund.

3. Lamar Advertising Company (LAMR) – Dividend Yield: 4.38%

Lamar Advertising Company’s last close was $112.28, 7.96% under its 52-week high of $121.99. Intraday change was 1.04%.

Lamar Advertising Company operates as an outdoor advertising company in North America. It operates approximately 363,000 displays across the United States and Canada. It offers advertisers a range of billboard, interstate logo, transit, and airport advertising formats helping local businesses and national brands. The company was founded in 1902 and is based in Baton Rouge, Louisiana.

Earnings Per Share

As for profitability, Lamar Advertising Company has a trailing twelve months EPS of $4.85.

PE Ratio

Lamar Advertising Company has a trailing twelve months price to earnings ratio of 23.39. Meaning, the purchaser of the share is investing $23.39 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 41.19%.

Yearly Top and Bottom Value

Lamar Advertising Company’s stock is valued at $113.45 at 10:15 EST, below its 52-week high of $121.99 and way higher than its 52-week low of $77.21.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is 4.1% and 6.2%, respectively.

More news about Lamar Advertising Company.

4. Arrow Financial Corporation (AROW) – Dividend Yield: 4.34%

Arrow Financial Corporation’s last close was $23.48, 20.84% under its 52-week high of $29.66. Intraday change was 0.26%.

Arrow Financial Corporation, a bank holding company, provides commercial and consumer banking, and financial products and services. The company's deposit products include demand deposits, interest-bearing checking accounts, savings deposits, time deposits, and other time deposits. Its lending activities comprise commercial loans, such as term loans, time notes, and lines of credit; and commercial real estate loans to finance real estate purchases, refinancing, expansions, and improvements to commercial properties, as well as commercial construction and land development loans to finance projects. The company's lending activities also include consumer installment loans to finance personal expenditures, personal lines of credit, overdraft protection, and automobile loans; and residential real estate loans, fixed home equity loans, and home equity lines of credit for consumers to finance home improvements, debt consolidation, education, and other uses. In addition, it maintains an indirect lending program; and sells residential real estate loan originations into the secondary market. Further, the company provides retirement planning, trust, and estate administration services for individuals; and pension, profit-sharing, and employee benefit plan administration services for corporations. Additionally, it offers insurance agency services comprising group health care policies and life insurance, and property and casualty insurance products; and investment advisory services to its proprietary mutual funds, as well as holds a real estate investment trust. The company operates in the northeastern region of New York State in Warren, Washington, Saratoga, Essex, Clinton, Rensselaer, Albany, and Schenectady counties, as well as surrounding areas. It owns 26 branch banking offices; and leases 12 branch banking offices, as well as two residential loan origination offices. Arrow Financial Corporation was founded in 1851 and is headquartered in Glens Falls, New York.

Earnings Per Share

As for profitability, Arrow Financial Corporation has a trailing twelve months EPS of $1.77.

PE Ratio

Arrow Financial Corporation has a trailing twelve months price to earnings ratio of 13.3. Meaning, the purchaser of the share is investing $13.3 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 8.2%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 10.4%, now sitting on 130.57M for the twelve trailing months.

More news about Arrow Financial Corporation.

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