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

(VIANEWS) – First Trust Enhanced Equity Income Fund (FFA), Danaos Corporation (DAC), M&T Bank (MTB) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
First Trust Enhanced Equity Income Fund (FFA) 7.52% 2023-03-10 15:09:09
Danaos Corporation (DAC) 5.25% 2023-03-10 01:12:10
M&T Bank (MTB) 3.04% 2023-03-21 14:47:44
Bunge Limited Bunge Limited (BG) 2.58% 2023-03-09 07:11:09

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. First Trust Enhanced Equity Income Fund (FFA) – Dividend Yield: 7.52%

First Trust Enhanced Equity Income Fund’s last close was $16.51, 21.19% under its 52-week high of $20.95. Intraday change was -1.45%.

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 $-2.32.

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 -12.43%.

More news about First Trust Enhanced Equity Income Fund.

2. Danaos Corporation (DAC) – Dividend Yield: 5.25%

Danaos Corporation’s last close was $55.46, 48.39% under its 52-week high of $107.47. Intraday change was -2.94%.

Danaos Corporation, together with its subsidiaries, owns and operates containerships in Australia, Asia, Europe, and the United States. The company offers seaborne transportation services, such as chartering its vessels to liner companies. As of February 28, 2021, it had a fleet of 65 containerships aggregating 403,793 twenty foot equivalent units in capacity. The company was formerly known as Danaos Holdings Limited and changed its name to Danaos Corporation in October 2005. Danaos Corporation was founded in 1972 and is based in Piraeus, Greece.

Earnings Per Share

As for profitability, Danaos Corporation has a trailing twelve months EPS of $26.97.

PE Ratio

Danaos Corporation has a trailing twelve months price to earnings ratio of 2.06. Meaning, the purchaser of the share is investing $2.06 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 24.06%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Danaos Corporation’s EBITDA is 14.1.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is a negative 51.4% and a negative 26.1%, respectively.

More news about Danaos Corporation.

3. M&T Bank (MTB) – Dividend Yield: 3.04%

M&T Bank’s last close was $121.71, 37.07% below its 52-week high of $193.42. Intraday change was 5.48%.

M&T Bank Corporation operates as a bank holding company that provides commercial and retail banking services. 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 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 originated by other entities. 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 services. It offers its services through banking offices, business banking centers, telephone and internet banking, and automated teller machines. As of December 31, 2021, the company operates 688 domestic banking offices in New York State, Maryland, New Jersey, Pennsylvania, Delaware, Connecticut, Virginia, West Virginia, and the District of Columbia; and a full-service commercial banking office in Ontario, Canada. 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 $11.35.

PE Ratio

M&T Bank has a trailing twelve months price to earnings ratio of 11.31. Meaning, the purchaser of the share is investing $11.31 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 9.22%.

Volume

Today’s last reported volume for M&T Bank is 2009300 which is 16.93% above its average volume of 1718250.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, M&T Bank’s stock is considered to be overbought (>=80).

Revenue Growth

Year-on-year quarterly revenue growth grew by 58.4%, now sitting on 7.66B for the twelve trailing months.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is 63% and 332.4%, respectively.

More news about M&T Bank.

4. Bunge Limited Bunge Limited (BG) – Dividend Yield: 2.58%

Bunge Limited Bunge Limited’s last close was $96.82, 24.6% under its 52-week high of $128.40. Intraday change was -0.37%.

Bunge Limited operates as an agribusiness and food company worldwide. It operates through five segments: Agribusiness, Edible Oil Products, Milling Products, Fertilizer, and Sugar and Bioenergy. The Agribusiness segment purchases, stores, transports, processes, and sells agricultural commodities and commodity products, including oilseeds primarily soybeans, rapeseed, canola, and sunflower seeds, as well as grains primarily wheat and corn; and vegetable oils and protein meals. It provides its products for animal feed manufacturers, livestock producers, wheat and corn millers, and other oilseed processors, as well as third-party edible oil processing companies; and for industrial and biodiesel production applications. The Edible Oil Products segment provides packaged and bulk oils and fats, including cooking oils, shortenings, margarines, mayonnaise, and others for baked goods companies, snack food producers, confectioners, restaurant chains, foodservice operators, infant nutrition companies, and other food manufacturers, as well as grocery chains, wholesalers, distributors, and other retailers. The Milling Products segment offers wheat flours and bakery mixes; corn milling products that include dry-milled corn meals and flours, wet-milled masa and flours, and flaking and brewer's grits, as well as soy-fortified corn meal, corn-soy blends, and other products; and whole grain and fiber ingredients. The Fertilizer segment offers nitrogen, phosphate, and potassium fertilizers; and SSP, ammonia, ammonium thiosulfate, monoammonium phosphate, diammonium phosphate, triple superphosphate, urea, urea-ammonium nitrate, ammonium sulfate, and potassium chloride. The Sugar and Bioenergy segment produces sugar and ethanol; and generates electricity from burning sugarcane bagasse. The company was founded in 1818 and is headquartered in St. Louis, Missouri.

Earnings Per Share

As for profitability, Bunge Limited Bunge Limited has a trailing twelve months EPS of $10.51.

PE Ratio

Bunge Limited Bunge Limited has a trailing twelve months price to earnings ratio of 9.21. Meaning, the purchaser of the share is investing $9.21 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 18.47%.

Growth Estimates Quarters

The company’s growth estimates for the present quarter is a negative 22.3% and positive 2.7% for the next.

More news about Bunge Limited Bunge Limited.

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