First Trust Senior Floating Rate Income Fund II, Psychemedics Corporation, Another 4 Companies Have A High Estimated Dividend Yield

(VIANEWS) – First Trust Senior Floating Rate Income Fund II (FCT), Psychemedics Corporation (PMD), Western Asset Investment Grade Defined Opportunity Trust (IGI) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
First Trust Senior Floating Rate Income Fund II (FCT) 11.33% 2024-09-30 11:15:05
Psychemedics Corporation (PMD) 10.41% 2024-09-20 19:48:05
Western Asset Investment Grade Defined Opportunity Trust (IGI) 5.33% 2024-10-01 05:12:05
Elbit Imaging Ltd. (EMITF) 4.78% 2024-09-18 07:09:06
Trinity Industries (TRN) 3.51% 2024-09-15 17:08:05
Bank of the James Financial Group (BOTJ) 2.79% 2024-09-17 03:09:05

Almost 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 Senior Floating Rate Income Fund II (FCT) – Dividend Yield: 11.33%

First Trust Senior Floating Rate Income Fund II’s last close was $10.27, 6.04% below its 52-week high of $10.93. Intraday change was 0.39%.

First Trust Senior Floating Rate Income Fund II is a closed-ended fixed income mutual fund launched and managed by First Trust Advisors L.P. The fund invests in the fixed income markets of the United States. It seeks to invest in a portfolio of senior secured floating rate corporate loans. The fund benchmarks the performance of its portfolio against the S&P/LSTA Leveraged Loan Index. It was formerly known as First Trust/Four Corners Senior Floating Rate Income Fund II. First Trust Senior Floating Rate Income Fund II was formed on May 25, 2004 and is domiciled in the United States.

Earnings Per Share

As for profitability, First Trust Senior Floating Rate Income Fund II has a trailing twelve months EPS of $1.23.

PE Ratio

First Trust Senior Floating Rate Income Fund II has a trailing twelve months price to earnings ratio of 8.38. Meaning, the purchaser of the share is investing $8.38 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 11.25%.

Volume

Today’s last reported volume for First Trust Senior Floating Rate Income Fund II is 103781 which is 34.02% below its average volume of 157315.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, First Trust Senior Floating Rate Income Fund II’s stock is considered to be overbought (>=80).

Revenue Growth

Year-on-year quarterly revenue growth grew by 10.9%, now sitting on 30.62M for the twelve trailing months.

More news about First Trust Senior Floating Rate Income Fund II.

2. Psychemedics Corporation (PMD) – Dividend Yield: 10.41%

Psychemedics Corporation’s last close was $2.34, 41.5% under its 52-week high of $4.00. Intraday change was 0.43%.

Psychemedics Corporation provides testing services for the detection of drugs of abuse through the analysis of hair samples in the United States, Brazil, and internationally. The company offers screening and confirmation by mass spectrometry using industry-accepted practices for cocaine, marijuana, and PCP; amphetamines, including ecstasy, eve, and Adderall; opiates, such as heroin, hydrocodone, hydromorphone, oxycodone, oxymorphone, and codeine; synthetic cannabinoids comprising K2, Spice, and Blaze; benzodiazepines consisting of Xanax, Valium, and Ativan; and nicotine and Fentanyl. Its testing results provide quantitative information that could indicate the approximate amount of drug ingested, as well as historical data that could show a pattern of individual drug use over a longer period-of-time. The company offers its services to employers for applicant and employee testing; and treatment professionals, law enforcement agencies, school administrators, and parents concerned about their children's drug use. Psychemedics Corporation was incorporated in 1986 and is headquartered in Acton, Massachusetts.

Earnings Per Share

As for profitability, Psychemedics Corporation has a trailing twelve months EPS of $-0.79.

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 -61.33%.

Yearly Top and Bottom Value

Psychemedics Corporation’s stock is valued at $2.34 at 17:15 EST, way below its 52-week high of $4.00 and way higher than its 52-week low of $1.63.

More news about Psychemedics Corporation.

3. Western Asset Investment Grade Defined Opportunity Trust (IGI) – Dividend Yield: 5.33%

Western Asset Investment Grade Defined Opportunity Trust’s last close was $18.00, 1.64% below its 52-week high of $18.30. Intraday change was 0.33%.

Western Asset Investment Grade Defined Opportunity Trust Inc. is a close-ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. It is co-managed by Western Asset Management Company, Western Asset Management Company Pte. Ltd, Western Asset Management Company Ltd., and Western Asset Management Company Limited. The fund invests in 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 corporate debt securities with varied maturities. It will liquidate on or about December 2, 2024. The fund conducts in-house research to make its investments. Western Asset Investment Grade Defined Opportunity Trust Inc. was formed on June 26, 2009 and is domiciled in the United States.

Earnings Per Share

As for profitability, Western Asset Investment Grade Defined Opportunity Trust has a trailing twelve months EPS of $0.97.

PE Ratio

Western Asset Investment Grade Defined Opportunity Trust has a trailing twelve months price to earnings ratio of 18.56. Meaning, the purchaser of the share is investing $18.56 for every dollar of annual earnings.

Yearly Top and Bottom Value

Western Asset Investment Grade Defined Opportunity Trust’s stock is valued at $18.00 at 17:15 EST, below its 52-week high of $18.30 and way higher than its 52-week low of $15.13.

Volume

Today’s last reported volume for Western Asset Investment Grade Defined Opportunity Trust is 29551 which is 22.11% above its average volume of 24200.

More news about Western Asset Investment Grade Defined Opportunity Trust.

4. Elbit Imaging Ltd. (EMITF) – Dividend Yield: 4.78%

Elbit Imaging Ltd.’s last close was $0.95, 10.38% below its 52-week high of $1.06. Intraday change was 0%.

Elbit Imaging Ltd., together with its subsidiaries, develops, produces, and markets therapeutic medical systems for performing non-invasive treatments on the human body in Israel and internationally. The company offers treatment-oriented medical systems with ultrasound beam and magnetic resonance imaging for noninvasive treatments in human body. It also offers medical products based on stem cells derived primarily from umbilical cord blood and intended for bone marrow transplantation in patients with leukemia or lymph node cancer, non-malignant blood diseases, and metabolic genetic diseases. In addition, the company is involved in the sale of plots and villas in India. The company was formerly known as Elbit Medical Imaging Ltd. and changed its name to Elbit Imaging Ltd. in November 2007. Elbit Imaging Ltd. was incorporated in 1996 and is headquartered in Petah Tikva, Israel.

Earnings Per Share

As for profitability, Elbit Imaging Ltd. has a trailing twelve months EPS of $-0.02.

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 -1.04%.

Yearly Top and Bottom Value

Elbit Imaging Ltd.’s stock is valued at $0.95 at 17:15 EST, way below its 52-week high of $1.06 and way above its 52-week low of $0.80.

Moving Average

Elbit Imaging Ltd.’s value is under its 50-day moving average of $0.97 and under its 200-day moving average of $0.95.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Jun 29, 2023, the estimated forward annual dividend rate is 0.04 and the estimated forward annual dividend yield is 4.78%.

More news about Elbit Imaging Ltd..

5. Trinity Industries (TRN) – Dividend Yield: 3.51%

Trinity Industries’s last close was $31.90, 13.88% below its 52-week high of $37.04. Intraday change was 3.67%.

Trinity Industries, Inc. provides rail transportation products and services under the TrinityRail name in North America. It operates in two segments, Railcar Leasing and Management Services Group, and Rail Products Group. The Railcar Leasing and Management Services Group segment leases freight and tank railcars; originates and manages railcar leases for third-party investors; and provides fleet maintenance and management services. As of December 31, 2023, it had a fleet of 109,295 railcars. This segment serves industrial shipper and railroad companies operating in agriculture, construction and metals, consumer products, energy, and refined products and chemicals markets. The Rail Products Group segment manufactures freight and tank railcars for transporting various liquids, gases, and dry cargo; and offers railcar maintenance and modification services. This segment serves railroads, leasing companies, and industrial shippers of products in the agriculture, construction and metals, consumer products, energy, and refined products and chemicals markets. It sells or leases products and services through its own sales personnel and independent sales representatives. The company was incorporated in 1933 and is headquartered in Dallas, Texas.

Earnings Per Share

As for profitability, Trinity Industries has a trailing twelve months EPS of $2.12.

PE Ratio

Trinity Industries has a trailing twelve months price to earnings ratio of 15.05. Meaning, the purchaser of the share is investing $15.05 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 14.85%.

More news about Trinity Industries.

6. Bank of the James Financial Group (BOTJ) – Dividend Yield: 2.79%

Bank of the James Financial Group’s last close was $14.36, 8.83% under its 52-week high of $15.75. Intraday change was 5.47%.

Bank of the James Financial Group, Inc. operates as the bank holding company for Bank of the James that provides general retail and commercial banking services to individuals, businesses, associations and organizations, and governmental authorities in Virginia, the United States. It offers checking, savings, individual retirement, and health care saving accounts, as well as other time deposits, including money market accounts and certificates of deposit. The company also offers loans to small- and medium-sized businesses for the purchases of equipment, facilities upgrades, inventory acquisition, and various working capital purposes; commercial and residential construction and development loans; commercial real estate mortgage loans; residential mortgage loans; and secured and unsecured consumer loans, such as lines of credit and overdraft lines of credit, as well as personal, automobile, installment, demand, and home equity loans for personal, family, or household purposes. In addition, it provides other banking services, including safe deposit boxes, traveler's checks, direct deposit of payroll and social security checks, automatic drafts for various accounts, treasury management, and credit card merchant services. Further, the company offers securities brokerage and investment services; and telephone and internet banking services comprising online bill pay, as well as acts as an agent for insurance and annuity products. It operates through a network of 16 full-service offices, 2 limited-service offices, and 1 residential mortgage loan production office. The company was founded in 1998 and is headquartered in Lynchburg, Virginia.

Earnings Per Share

As for profitability, Bank of the James Financial Group has a trailing twelve months EPS of $1.87.

PE Ratio

Bank of the James Financial Group has a trailing twelve months price to earnings ratio of 7.68. Meaning, the purchaser of the share is investing $7.68 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 14.89%.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Sep 6, 2024, the estimated forward annual dividend rate is 0.4 and the estimated forward annual dividend yield is 2.79%.

Yearly Top and Bottom Value

Bank of the James Financial Group’s stock is valued at $14.35 at 17:15 EST, under its 52-week high of $15.75 and way above its 52-week low of $9.49.

Moving Average

Bank of the James Financial Group’s worth is way higher than its 50-day moving average of $13.04 and way above its 200-day moving average of $11.57.

Revenue Growth

Year-on-year quarterly revenue growth grew by 3.3%, now sitting on 43.41M for the twelve trailing months.

More news about Bank of the James Financial Group.

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