(VIANEWS) – First Trust Specialty Finance and Financial Opportunities Fund (FGB), MainStay DefinedTerm Municipal Opportunities Fund (MMD), General American Investors (GAM) have the highest dividend yield stocks on this list.
| Financial Asset | Forward Dividend Yield | Updated (EST) |
|---|---|---|
| First Trust Specialty Finance and Financial Opportunities Fund (FGB) | 9.88% | 2023-09-04 07:09:08 |
| MainStay DefinedTerm Municipal Opportunities Fund (MMD) | 5.01% | 2023-08-18 22:55:14 |
| General American Investors (GAM) | 2.41% | 2023-09-04 10:41:07 |
| Matthews International Corporation (MATW) | 2.24% | 2023-08-24 17:06:08 |
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 Specialty Finance and Financial Opportunities Fund (FGB) – Dividend Yield: 9.88%
First Trust Specialty Finance and Financial Opportunities Fund’s last close was $3.34, 12.11% below its 52-week high of $3.80. Intraday change was -0.6%.
First Trust Specialty Finance and Financial Opportunities Fund is a closed-ended equity mutual fund launched and managed by First Trust Advisors L.P. It is co-managed by Confluence Investment Management LLC. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating in the specialty finance and other financial sectors. The fund primarily invests in value stocks of companies, as well as in Business Development Companies, REITs, and other mortgage related securities. It employs fundamental analysis to create its portfolio. The fund benchmarks the performance of its portfolio against a composite benchmark comprised of 70% Wells Fargo BDC Index, 20% FTSE NAREIT Mortgage REIT Index, and 10% S&P SmallCap Financials Index. It was formerly known as First Trust/Gallatin Specialty Finance and Financial Opportunities Fund. First Trust Specialty Finance and Financial Opportunities Fund was formed on March 20, 2007 and domiciled in the United States.
Earnings Per Share
As for profitability, First Trust Specialty Finance and Financial Opportunities Fund has a trailing twelve months EPS of $-0.17.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Aug 21, 2023, the estimated forward annual dividend rate is 0.33 and the estimated forward annual dividend yield is 9.88%.
Volume
Today’s last reported volume for First Trust Specialty Finance and Financial Opportunities Fund is 155590 which is 216.19% above its average volume of 49207.
More news about First Trust Specialty Finance and Financial Opportunities Fund.
2. MainStay DefinedTerm Municipal Opportunities Fund (MMD) – Dividend Yield: 5.01%
MainStay DefinedTerm Municipal Opportunities Fund’s last close was $16.92, 10.43% under its 52-week high of $18.89. Intraday change was 0.36%.
MainStay DefinedTerm Municipal Opportunities Fund is a closed-ended fixed income mutual fund launched and managed by New York Life Investment Management LLC. The fund is co-managed by MacKay Shields LLC. It invests in the fixed income markets of the United States. The fund primarily invests in investment grade municipal bonds which are exempt from regular U.S. Federal income taxes. It benchmarks the performance of its portfolio against the Barclays Municipal Bond Index. MainStay DefinedTerm Municipal Opportunities Fund was formed on June 26, 2012 and is domiciled in the United States.
Earnings Per Share
As for profitability, MainStay DefinedTerm Municipal Opportunities Fund has a trailing twelve months EPS of $-3.04.
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 -1.7%.
Volume
Today’s last reported volume for MainStay DefinedTerm Municipal Opportunities Fund is 42645 which is 7.36% below its average volume of 46037.
More news about MainStay DefinedTerm Municipal Opportunities Fund.
3. General American Investors (GAM) – Dividend Yield: 2.41%
General American Investors’s last close was $41.95, 1.96% below its 52-week high of $42.79. Intraday change was 0.36%.
General American Investors Company, Inc. is a publicly owned investment manager. The firm invests in the public equity markets of United States. It invests in growth stocks of companies. It makes investments in Information Technology, Financials, Consumer Staples, Consumer Discretionary, Retailing, Communication Services, Industrials, Health Care, Energy and Materials. The firm employs fundamental analysis with a bottom-up stock picking approach to make its investments. It conducts in-house research to make its investments. General American Investors Company, Inc. was founded in 1927 and is based in New York, New York.
Earnings Per Share
As for profitability, General American Investors has a trailing twelve months EPS of $9.93.
PE Ratio
General American Investors has a trailing twelve months price to earnings ratio of 4.22. Meaning, the purchaser of the share is investing $4.22 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 18.3%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 47.4%, now sitting on 22.3M for the twelve trailing months.
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4. Matthews International Corporation (MATW) – Dividend Yield: 2.24%
Matthews International Corporation’s last close was $41.45, 15.17% under its 52-week high of $48.86. Intraday change was -0.87%.
Matthews International Corporation provides brand solutions, memorialization products, and industrial technologies worldwide. The company's SGK Brand Solutions segment offers brand management and pre-media services, printing plates and cylinders, engineered products, imaging services, digital asset management, merchandising display systems, and marketing and design services primarily for the consumer goods and retail industries. Its Memorialization segment manufactures and markets a range of memorialization products for use in cemeteries, funeral homes, and crematories. This segment offers cast bronze memorials, flush bronze and granite memorials, upright granite memorials and monuments, cremation memorialization products, granite benches, flower vases, crypt plates and letters, cremation urns, niche units, cemetery features and statues, caskets, community and family mausoleums, bronze plaques, letters, emblems, vases, lights, and photo ceramics, as well as architectural products to identify or commemorate people, places, events, and accomplishments. The company's Industrial Technologies segment designs, manufactures, and distributes marking and coding equipment and consumables, industrial automation products, warehouse automation systems, and order fulfillment systems for identifying, tracking, picking, and conveying consumer and industrial products. This segment serves manufacturers, suppliers, and distributors of durable goods and building products; consumer goods manufacturers; and pharmaceutical producers. Matthews International Corporation was founded in 1850 and is headquartered in Pittsburgh, Pennsylvania.
Earnings Per Share
As for profitability, Matthews International Corporation has a trailing twelve months EPS of $-1.89.
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 -10.7%.
Sales Growth
Matthews International Corporation’s sales growth for the current quarter is 5.7%.
Yearly Top and Bottom Value
Matthews International Corporation’s stock is valued at $41.09 at 10:15 EST, way under its 52-week high of $48.86 and way higher than its 52-week low of $22.12.
Revenue Growth
Year-on-year quarterly revenue growth grew by 11.9%, now sitting on 1.86B for the twelve trailing months.
Moving Average
Matthews International Corporation’s worth is below its 50-day moving average of $44.32 and above its 200-day moving average of $37.69.
More news about Matthews International Corporation.
