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First Trust High Income Long Short Fund, Sun Life Financial, Another 2 Companies Have A High Estimated Dividend Yield

(VIANEWS) – First Trust High Income Long Short Fund (FSD), Sun Life Financial (SLF), Compania Cervecerias Unidas, S.A. (CCU) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
First Trust High Income Long Short Fund (FSD) 12.26% 2024-03-17 19:13:05
Sun Life Financial (SLF) 4.18% 2024-03-22 15:25:15
Compania Cervecerias Unidas, S.A. (CCU) 3.1% 2024-03-16 19:12:05
Arch Coal (ACI) 2.31% 2024-03-16 01:10:05

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 High Income Long Short Fund (FSD) – Dividend Yield: 12.26%

First Trust High Income Long Short Fund’s last close was $11.74, 2.89% below its 52-week high of $12.09. Intraday change was 0%.

First Trust High Income Long/Short Fund is a closed-ended fixed-income mutual fund launched and managed by First Trust Advisors, L.P. It is co-managed by MacKay Shields LLC. The fund invests in fixed-income markets across the globe. It primarily invests in high-yield corporate fixed-income securities of varying maturities that are rated below-investment grade, including corporate bonds, debentures, notes, and commercial papers. The fund employs fundamental analysis and a long/short strategy, with a focus on such factors as type, size, and cost of a security, financial statements of the issuer, credit quality and cash flow of the issuer, and evaluation of the forces which influence the market to create its portfolio. It benchmarks the performance of its portfolio against the Bank of America Merill Lynch U.S. High Yield Master II Constrained Index. First Trust High Income Long/Short Fund was formed on June 18, 2010 and is domiciled in the United States.

Earnings Per Share

As for profitability, First Trust High Income Long Short Fund has a trailing twelve months EPS of $-0.09.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Oct 2, 2023, the estimated forward annual dividend rate is 1.26 and the estimated forward annual dividend yield is 12.26%.

More news about First Trust High Income Long Short Fund.

2. Sun Life Financial (SLF) – Dividend Yield: 4.18%

Sun Life Financial’s last close was $54.20, 2.22% below its 52-week high of $55.43. Intraday change was -1.58%.

Sun Life Financial Inc., a financial services company, provides savings, retirement, and pension products worldwide. The company operates in five segments: Asset Management, Canada, U.S., Asia, and Corporate. It offers various insurance products, such as term and permanent life; personal health, which includes prescription drugs, dental, and vision care; critical illness; long-term care; and disability, as well as reinsurance. The company also provides advice for financial planning and retirement planning services; investments products, such as mutual funds, segregated funds, and annuities; and asset and investment management products consisting of pooled funds, institutional portfolios, and pension funds. In addition, it offers real estate services; manages equity capital in various private and listed funds, as well as mezzanine debt, middle market direct lending, high-yield bonds, and syndicated loans; and operates as an investment grade fixed income investor, real estate investment management advisor, infrastructure investment manager, and alternative credit investment manager. The company was formerly known as Sun Life Financial Services of Canada Inc. and changed its name to Sun Life Financial Inc. in July 2003. Sun Life Financial Inc. was founded in 1871 and is headquartered in Toronto, Canada.

Earnings Per Share

As for profitability, Sun Life Financial has a trailing twelve months EPS of $3.88.

PE Ratio

Sun Life Financial has a trailing twelve months price to earnings ratio of 13.97. Meaning, the purchaser of the share is investing $13.97 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 13.98%.

Volatility

Sun Life Financial’s last week, last month’s, and last quarter’s current intraday variation average was 0.28%, 0.04%, and 0.69%.

Sun Life Financial’s highest amplitude of average volatility was 0.40% (last week), 0.67% (last month), and 0.69% (last quarter).

More news about Sun Life Financial.

3. Compania Cervecerias Unidas, S.A. (CCU) – Dividend Yield: 3.1%

Compania Cervecerias Unidas, S.A.’s last close was $12.03, 32.19% under its 52-week high of $17.74. Intraday change was 0.17%.

Compañía Cervecerías Unidas S.A. operates as a beverage company principally in Chile, Argentina, Uruguay, Paraguay, Colombia, and Bolivia. The company operates through three segments: Chile, International Business, and Wine. It produces and sells alcoholic and non-alcoholic beer under proprietary and licensed brands, as well as distributes Pernod Ricard products in non-supermarket retail stores. The company also produces and sells non-alcoholic beverages, including carbonated soft drinks, nectars and juices, sports and energy drinks, and ice tea, as well as mineral, purified, and flavored bottled water, as well as ready-to-mix products with instant powder drinks. In addition, it is involved in the production and distribution of pisco, cocktails, rum, flavored alcoholic beverages, wine, cider, and spirits. The company serves small and medium-sized retail outlets; retail establishments, such as restaurants, hotels, and bars; wholesalers; and supermarket chains. It also exports its products to Europe, Latin America, the United States, Canada, Asia, Oceania, and internationally. The company was founded in 1850 and is based in Santiago, Chile. Compañía Cervecerías Unidas S.A. is a subsidiary of Inversiones y Rentas S.A.

Earnings Per Share

As for profitability, Compania Cervecerias Unidas, S.A. has a trailing twelve months EPS of $0.61.

PE Ratio

Compania Cervecerias Unidas, S.A. has a trailing twelve months price to earnings ratio of 19.72. Meaning, the purchaser of the share is investing $19.72 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 8.54%.

Moving Average

Compania Cervecerias Unidas, S.A.’s value is above its 50-day moving average of $11.93 and way under its 200-day moving average of $13.46.

Volume

Today’s last reported volume for Compania Cervecerias Unidas, S.A. is 82653 which is 55.19% below its average volume of 184467.

Yearly Top and Bottom Value

Compania Cervecerias Unidas, S.A.’s stock is valued at $12.03 at 03:15 EST, way below its 52-week high of $17.74 and way above its 52-week low of $10.82.

Growth Estimates Quarters

The company’s growth estimates for the current quarter is a negative 92.3% and positive 166.7% for the next.

More news about Compania Cervecerias Unidas, S.A..

4. Arch Coal (ACI) – Dividend Yield: 2.31%

Arch Coal’s last close was $20.80, 12.9% under its 52-week high of $23.88. Intraday change was 0.87%.

Albertsons Companies, Inc., through its subsidiaries, operates as a food and drug retailer in the United States. Its food and drug retail stores offer grocery products, general merchandise, health and beauty care products, pharmacy, fuel, and other items and services. As of February 29, 2020, the company operated 2,252 stores under various banners, including Albertsons, Safeway, Vons, Jewel-Osco, Shaw's, Acme, Tom Thumb, Randalls, United Supermarkets, Market Street, Pavilions, Star Market, Carrs, and Haggen; and 1,726 pharmacies, 1,290 in-store branded coffee shops, and 402 adjacent fuel centers. The company is headquartered in Boise, Idaho. Albertsons Companies, Inc. is a subsidiary of Albertsons Investor Holdings LLC.

Earnings Per Share

As for profitability, Arch Coal has a trailing twelve months EPS of $2.35.

PE Ratio

Arch Coal has a trailing twelve months price to earnings ratio of 8.85. Meaning, the purchaser of the share is investing $8.85 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 69.12%.

Yearly Top and Bottom Value

Arch Coal’s stock is valued at $20.80 at 03:15 EST, way below its 52-week high of $23.88 and higher than its 52-week low of $19.14.

More news about Arch Coal.

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