(VIANEWS) – First Trust Specialty Finance and Financial Opportunities Fund (FGB), OceanFirst Financial Corp. (OCFC), NL Industries (NL) 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) | 10.12% | 2023-07-12 01:14:07 |
| OceanFirst Financial Corp. (OCFC) | 5.25% | 2023-07-02 09:06:07 |
| NL Industries (NL) | 4.9% | 2023-07-13 19:12:07 |
| Kaman Corporation (KAMN) | 3.28% | 2023-07-12 23:12:07 |
| Procter & Gamble (PG) | 2.52% | 2023-07-14 13:44:02 |
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: 10.12%
First Trust Specialty Finance and Financial Opportunities Fund’s last close was $3.27, 14.62% below its 52-week high of $3.83. Intraday change was 0.93%.
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 $-0.27.
Moving Average
First Trust Specialty Finance and Financial Opportunities Fund’s worth is above its 50-day moving average of $3.06 and higher than its 200-day moving average of $3.14.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, First Trust Specialty Finance and Financial Opportunities Fund’s stock is considered to be oversold (<=20).
Yearly Top and Bottom Value
First Trust Specialty Finance and Financial Opportunities Fund’s stock is valued at $3.27 at 17:15 EST, way under its 52-week high of $3.83 and way higher than its 52-week low of $2.73.
More news about First Trust Specialty Finance and Financial Opportunities Fund.
2. OceanFirst Financial Corp. (OCFC) – Dividend Yield: 5.25%
OceanFirst Financial Corp.’s last close was $15.62, 37.34% below its 52-week high of $24.93. Intraday change was -1.58%.
OceanFirst Financial Corp. operates as the bank holding company for OceanFirst Bank N.A. that provides community banking services. It accepts money market accounts, savings accounts, interest-bearing checking accounts, non-interest-bearing demand deposits, and time deposits to retail, government, and business customers. The company also offers commercial real estate, multi-family, land loans, construction, and commercial and industrial loans; fixed-rate and adjustable-rate mortgage loans that are secured by one-to-four family residences; and consumer loans, such as home equity loans and lines of credit, student loans, overdraft line of credit, loans on savings accounts, and other consumer loans. In addition, it invests in mortgage-backed securities, securities issued by the U.S. Government and agencies, corporate securities, and other investments. Further, the company offers bankcard, wealth management, and trust and asset management services; and sells alternative investment products and life insurance products. As of December 31, 2021, it operated through its branch office in Toms River; administrative office located in Red Bank and Mount Laurel; 46 additional branch offices and four deposit production facilities located throughout central and southern New Jersey; and commercial loan production offices in New Jersey, New York City, the Philadelphia area, Baltimore, and Boston. The company was founded in 1902 and is based in Red Bank, New Jersey.
Earnings Per Share
As for profitability, OceanFirst Financial Corp. has a trailing twelve months EPS of $2.46.
PE Ratio
OceanFirst Financial Corp. has a trailing twelve months price to earnings ratio of 6.35. Meaning, the purchaser of the share is investing $6.35 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 9.55%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on May 4, 2023, the estimated forward annual dividend rate is 0.8 and the estimated forward annual dividend yield is 5.25%.
More news about OceanFirst Financial Corp..
3. NL Industries (NL) – Dividend Yield: 4.9%
NL Industries’s last close was $5.73, 46.5% under its 52-week high of $10.71. Intraday change was 0.17%.
NL Industries, Inc., through its subsidiary, CompX International Inc., operates in the component products industry in the United States and internationally. The company manufactures and sells mechanical and electronic cabinet locks, and other locking mechanisms, including disc tumbler locks, pin tumbler locking mechanisms, and CompX eLock and StealthLock electronic locks for use in various applications, such as ignition systems, mailboxes, file cabinets, desk drawers, tool storage cabinets, vending and cash containment machines, medical cabinetry, electronic circuit panels, storage compartments, and gas station security. It also offers original equipment and aftermarket stainless steel exhaust headers, exhaust pipes, mufflers, and other exhaust components; gauges, such as GPS speedometers and tachometers; mechanical and electronic controls and throttles; wake enhancement devices, trim tabs, steering wheels and other billet aluminum accessories; and dash panels, LED indicators, wire harnesses, and other accessories primarily for performance and ski/wakeboard boats. In addition, it offers insurance brokerage and risk management services. NL Industries, Inc. sells its component products directly to original equipment manufacturers, as well as through distributors. The company was founded in 1891 and is based in Dallas, Texas. NL Industries, Inc. is a subsidiary of Valhi, Inc.
Earnings Per Share
As for profitability, NL Industries has a trailing twelve months EPS of $0.17.
PE Ratio
NL Industries has a trailing twelve months price to earnings ratio of 33.71. Meaning, the purchaser of the share is investing $33.71 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 2.85%.
Moving Average
NL Industries’s value is below its 50-day moving average of $5.73 and way under its 200-day moving average of $6.77.
Volatility
NL Industries’s last week, last month’s, and last quarter’s current intraday variation average was a positive 0.13%, a negative 0.14%, and a positive 1.54%.
NL Industries’s highest amplitude of average volatility was 1.30% (last week), 1.47% (last month), and 1.54% (last quarter).
Yearly Top and Bottom Value
NL Industries’s stock is valued at $5.73 at 17:15 EST, way below its 52-week high of $10.71 and higher than its 52-week low of $5.39.
Volume
Today’s last reported volume for NL Industries is 20122 which is 6.04% below its average volume of 21416.
More news about NL Industries.
4. Kaman Corporation (KAMN) – Dividend Yield: 3.28%
Kaman Corporation’s last close was $24.55, 30.47% under its 52-week high of $35.31. Intraday change was 0.66%.
Kaman Corporation, together with its subsidiaries, operates in the aerospace, medical, and industrial markets. The company produces and markets aircraft bearings and components; super precision miniature ball bearings; spring energized seals, springs, and contacts; and metallic and composite aero structures for commercial, military, and general aviation fixed and rotary wing aircrafts. It also provides safe and arming solutions for missile and bomb systems for the U.S. and allied militaries; manufactures and supports K-MAX manned and unmanned medium-to-heavy lift helicopters; and restores, modifies, and supports its SH-2G Super Seasprite maritime helicopters. The company operates in North America, Europe, the Middle East, Asia, Oceania, and internationally. Kaman Corporation was founded in 1945 and is headquartered in Bloomfield, Connecticut.
Earnings Per Share
As for profitability, Kaman Corporation has a trailing twelve months EPS of $-1.79.
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 -6.84%.
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5. Procter & Gamble (PG) – Dividend Yield: 2.52%
Procter & Gamble’s last close was $150.05, 5.1% under its 52-week high of $158.11. Intraday change was 0.84%.
The Procter & Gamble Company provides branded consumer packaged goods worldwide. It operates through five segments: Beauty; Grooming; Health Care; Fabric & Home Care; and Baby, Feminine & Family Care. The Beauty segment offers conditioners, shampoos, styling aids, and treatments under the Head & Shoulders, Herbal Essences, Pantene, and Rejoice brands; and antiperspirants and deodorants, personal cleansing, and skin care products under the Olay, Old Spice, Safeguard, Secret, and SK-II brands. The Grooming segment provides shave care products and appliances under the Braun, Gillette, and Venus brand names. The Health Care segment offers toothbrushes, toothpastes, and other oral care products under the Crest and Oral-B brand names; and gastrointestinal, rapid diagnostics, respiratory, vitamins/minerals/supplements, pain relief, and other personal health care products under the Metamucil, Neurobion, Pepto-Bismol, and Vicks brands. The Fabric & Home Care segment provides fabric enhancers, laundry additives, and laundry detergents under the Ariel, Downy, Gain, and Tide brands; and air care, dish care, P&G professional, and surface care products under the Cascade, Dawn, Fairy, Febreze, Mr. Clean, and Swiffer brands. The Baby, Feminine & Family Care segment offers baby wipes, taped diapers, and pants under the Luvs and Pampers brands; adult incontinence and feminine care products under the Always, Always Discreet, and Tampax brands; and paper towels, tissues, and toilet papers under the Bounty, Charmin, and Puffs brands. The company sells its products primarily through mass merchandisers, e-commerce, grocery stores, membership club stores, drug stores, department stores, distributors, wholesalers, specialty beauty stores, high-frequency stores, pharmacies, electronics stores, and professional channels, as well as directly to consumers. The Procter & Gamble Company was founded in 1837 and is headquartered in Cincinnati, Ohio.
Earnings Per Share
As for profitability, Procter & Gamble has a trailing twelve months EPS of $5.75.
PE Ratio
Procter & Gamble has a trailing twelve months price to earnings ratio of 26.12. Meaning, the purchaser of the share is investing $26.12 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 31.6%.
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