Fortress Biotech, Apollo Tactical Income Fund, Another 7 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Fortress Biotech (FBIOP), Apollo Tactical Income Fund (AIF), PCM Fund (PCM) have the highest dividend yield stocks on this list.

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. Fortress Biotech (FBIOP) – Dividend Yield: 14.38%

Fortress Biotech’s last close was $16.30, 12.97% below its 52-week high of $18.73. Intraday change was -0.64%.

Fortress Biotech, Inc., a biopharmaceutical company, develops and commercializes pharmaceutical and biotechnology products. The company markets dermatology products, such as Ximino capsules to treat only inflammatory lesions of non-nodular moderate to severe acne vulgaris; Targadox for severe acne; Exelderm cream for ringworm and jock itch symptoms; Ceracade for dry skin conditions; Luxamend for dressing and managing wounds; and Accutane capsules for severe recalcitrant nodular acne. It also develops late stage product candidates, such as intravenous Tramadol for the treatment of post-operative acute pain; CUTX-101, an injection for the treatment of Menkes disease; MB-107 and MB-207 for the treatment of X-linked severe combined immunodeficiency; Cosibelimab for metastatic cancers; CK-101 for the treatment of patients with EGFR mutation-positive NSCLC; CAEL-101 for the treatment of amyloid light chain amyloidosis; Triplex vaccine for cytomegalovirus; and CEVA101 for the treatment of severe traumatic brain injury in adults and children. The company's early stage product candidates include MB-102 for blastic plasmacytoid dendritic cell neoplasm; MB-101 for glioblastoma; MB-104 for multiple myeloma and light chain amyloidosis; MB-106 for B-cell non-hodgkin lymphoma; MB-103 for GBM & metastatic breast cancer to brain; MB-108; MB-105 for prostate and pancreatic cancers; and BAER-101. Its preclinical product candidates comprise AAV-ATP7A gene therapy; AVTS-001 gene therapy; CK-103 BET inhibitor; CEVA-D and CEVA-102; CK-302, an anti-GITR; CK-303, an anti-CAIX; ConVax; and ONCOlogues, and oligonucleotide platform. It has collaboration arrangements with universities, research institutes, and pharmaceutical companies. The company was formerly known as Coronado Biosciences, Inc. and changed its name to Fortress Biotech, Inc. in April 2015. Fortress Biotech, Inc. was incorporated in 2006 and is based in New York, New York.

Earnings Per Share

As for profitability, Fortress Biotech has a trailing twelve months EPS of $-0.86.

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 -1739.64%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 4.8%, now sitting on 85.11M for the twelve trailing months.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Apr 12, 2024, the estimated forward annual dividend rate is 2.34 and the estimated forward annual dividend yield is 14.38%.

Moving Average

Fortress Biotech’s value is higher than its 50-day moving average of $16.06 and way above its 200-day moving average of $13.52.

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2. Apollo Tactical Income Fund (AIF) – Dividend Yield: 11.8%

Apollo Tactical Income Fund’s last close was $14.64, 5.24% under its 52-week high of $15.45. Intraday change was 0.48%.

Apollo Tactical Income Fund Inc. is a closed-ended fixed income fund launched and managed by Apollo Credit Management, LLC. The fund invests in fixed income markets. It primarily invests in senior secured loans including floating rate senior loans, high yield corporate bonds, and other credit instruments of varying maturities made to companies whose debt is typically rated below investment grade. The fund employs a conservative approach to credit selection that focuses on such factors as collateral coverage, structural seniority, credit fundamentals, with emphasis on leading defensible market positions, stable companies with positive cash flow, and proven management teams to create its portfolio. Apollo Tactical Income Fund Inc. was formed on February 25, 2013 and is domiciled in the United States.

Earnings Per Share

As for profitability, Apollo Tactical Income Fund has a trailing twelve months EPS of $2.4.

PE Ratio

Apollo Tactical Income Fund has a trailing twelve months price to earnings ratio of 6.1. Meaning, the purchaser of the share is investing $6.1 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 16.75%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 25.6%, now sitting on 36.26M for the twelve trailing months.

Moving Average

Apollo Tactical Income Fund’s value is higher than its 50-day moving average of $14.40 and higher than its 200-day moving average of $13.84.

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3. PCM Fund (PCM) – Dividend Yield: 11.39%

PCM Fund’s last close was $8.43, 17.35% below its 52-week high of $10.20. Intraday change was 0.71%.

PCM Fund Inc. is a closed ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Pacific Investment Management Company LLC. It seeks to invest in fixed income markets. The fund invests primarily in commercial mortgage-backed securities. It employs fundamental analysis with a focus on top down stock picking approach to create its portfolio. The fund benchmarks the performance of its portfolio against Barclay's CMBS Investment Grade Index. PCM Fund Inc was formed on September 2, 1993 and is domiciled in the United States.

Earnings Per Share

As for profitability, PCM Fund has a trailing twelve months EPS of $0.48.

PE Ratio

PCM Fund has a trailing twelve months price to earnings ratio of 17.69. Meaning, the purchaser of the share is investing $17.69 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 6.77%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 15.6%, now sitting on 13.41M for the twelve trailing months.

More news about PCM Fund.

4. OceanFirst Financial Corp. (OCFCP) – Dividend Yield: 7.1%

OceanFirst Financial Corp.’s last close was $24.65, 4.75% under its 52-week high of $25.88. Intraday change was -0.65%.

OceanFirst Financial Corp. operates as the bank holding company for OceanFirst Bank N.A. that provides community banking services to retail and commercial customers. It accepts money market accounts, savings accounts, interest-bearing checking accounts, non-interest-bearing accounts, and time deposits, that includes brokered 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, trust and asset management services; and bank owned life insurance products. 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 $1.67.

PE Ratio

OceanFirst Financial Corp. has a trailing twelve months price to earnings ratio of 14.67. Meaning, the purchaser of the share is investing $14.67 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 6.4%.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Apr 29, 2024, the estimated forward annual dividend rate is 1.75 and the estimated forward annual dividend yield is 7.1%.

Yearly Top and Bottom Value

OceanFirst Financial Corp.’s stock is valued at $24.49 at 03:15 EST, under its 52-week high of $25.88 and higher than its 52-week low of $22.33.

Volume

Today’s last reported volume for OceanFirst Financial Corp. is 360 which is 87.92% below its average volume of 2982.

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5. Mexico Fund (MXF) – Dividend Yield: 4.96%

Mexico Fund’s last close was $17.75, 9.85% under its 52-week high of $19.69. Intraday change was -1.39%.

The Mexico Fund, Inc. is a closed-ended equity mutual fund launched and managed by Impulsora del Fondo México, S.C. It primarily invests in public equity markets of Mexico. The fund seeks to invest its portfolio across diversified sectors. The Mexico Fund, Inc. was formed in June 01, 1981 and is domiciled in Maryland, United States.

Earnings Per Share

As for profitability, Mexico Fund has a trailing twelve months EPS of $2.08.

PE Ratio

Mexico Fund has a trailing twelve months price to earnings ratio of 8.53. Meaning, the purchaser of the share is investing $8.53 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 22.22%.

More news about Mexico Fund.

6. Acadia Realty Trust (AKR) – Dividend Yield: 4.4%

Acadia Realty Trust’s last close was $16.36, 8.6% below its 52-week high of $17.90. Intraday change was -1.51%.

Acadia Realty Trust is an equity real estate investment trust focused on delivering long-term, profitable growth via its dual – Core and Fund – operating platforms and its disciplined, location-driven investment strategy. Acadia Realty Trust is accomplishing this goal by building a best-in-class core real estate portfolio with meaningful concentrations of assets in the nation's most dynamic corridors; making profitable opportunistic and value-add investments through its series of discretionary, institutional funds; and maintaining a strong balance sheet.

Earnings Per Share

As for profitability, Acadia Realty Trust has a trailing twelve months EPS of $0.09.

PE Ratio

Acadia Realty Trust has a trailing twelve months price to earnings ratio of 181.78. Meaning, the purchaser of the share is investing $181.78 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 negative -1.37%.

Volume

Today’s last reported volume for Acadia Realty Trust is 905833 which is 12% below its average volume of 1029360.

Moving Average

Acadia Realty Trust’s value is under its 50-day moving average of $16.90 and above its 200-day moving average of $15.96.

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7. Interpublic Group of Companies (IPG) – Dividend Yield: 4.16%

Interpublic Group of Companies’s last close was $31.19, 23.83% below its 52-week high of $40.95. Intraday change was -1.61%.

The Interpublic Group of Companies, Inc. provides advertising and marketing services worldwide. The company operates through two segments, Integrated Agency Networks and Constituency Management Group. The company offers consumer advertising, digital marketing, communications planning and media buying, public relations, and specialized communications disciplines, as well as data management services. It also provides various diversified services, including meeting and event production, sports and entertainment marketing, corporate and brand identity, and strategic marketing consulting. The company was formerly known as McCann-Erickson Incorporated and changed its name to The Interpublic Group of Companies, Inc. in January 1961. The Interpublic Group of Companies, Inc. was founded in 1902 and is headquartered in New York, New York.

Earnings Per Share

As for profitability, Interpublic Group of Companies has a trailing twelve months EPS of $2.76.

PE Ratio

Interpublic Group of Companies has a trailing twelve months price to earnings ratio of 11.3. Meaning, the purchaser of the share is investing $11.3 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 29.02%.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Jun 4, 2024, the estimated forward annual dividend rate is 1.32 and the estimated forward annual dividend yield is 4.16%.

More news about Interpublic Group of Companies.

8. Hormel Foods (HRL) – Dividend Yield: 3.65%

Hormel Foods’s last close was $30.64, 26.58% below its 52-week high of $41.73. Intraday change was -2.13%.

Hormel Foods Corporation develops, processes, and distributes various meat, nuts, and other food products to retail, foodservice, deli, and commercial customers in the United States and internationally. It operates through three segments: Retail, Foodservice, and International segments. The company provides various perishable products that include fresh meats, frozen items, refrigerated meal solutions, sausages, hams, guacamoles, and bacons; and shelf-stable products comprising canned luncheon meats, nut butters, snack nuts, chili, shelf-stable microwaveable meals, hash, stews, tortillas, salsas, tortilla chips, nutritional food supplements, and others. It sells its products under the HORMEL, ALWAYS TENDER, APPLEGATE, AUSTIN BLUES, BACON 1, BLACK LABEL, BREAD READY, BURKE, CAFÉ H, CERATTI, CHI-CHI'S, COLUMBUS, COMPLEATS, CORN NUTS, CURE 81, DAN'S PRIZE, DI LUSSO, DINTY MOORE, DON MIGUEL, DOÑA MARIA, EMBASA, FAST ‘N EASY, FIRE BRAISED, FONTANINI, HAPPY LITTLE PLANTS, HERDEZ, HORMEL GATHERINGS, HORMEL SQUARE TABLE, HORMEL VITAL CUISINE, HOUSE OF TSANG, JENNIE-O, JUSTIN'S, LA VICTORIA, LAYOUT, LLOYD'S, MARY KITCHEN, MR. PEANUT, NATURAL CHOICE, NUT-RITION, OLD SMOKEHOUSE, OVEN READY, PILLOW PACK, PLANTERS, ROSA GRANDE, SADLER'S SMOKEHOUSE, SKIPPY, SPAM, SPECIAL RECIPE, THICK & EASY, VALLEY FRESH, AND WHOLLY brands through sales personnel, independent brokers, and distributors. The company was formerly known as Geo. A. Hormel & Company and changed its name to Hormel Foods Corporation in January 1995. Hormel Foods Corporation was founded in 1891 and is headquartered in Austin, Minnesota.

Earnings Per Share

As for profitability, Hormel Foods has a trailing twelve months EPS of $1.45.

PE Ratio

Hormel Foods has a trailing twelve months price to earnings ratio of 23.4. Meaning, the purchaser of the share is investing $23.4 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 10.27%.

Volume

Today’s last reported volume for Hormel Foods is 1951760 which is 40.86% below its average volume of 3300360.

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9. First Financial Northwest (FFNW) – Dividend Yield: 2.45%

First Financial Northwest’s last close was $21.25, 4.15% below its 52-week high of $22.17. Intraday change was 0.14%.

First Financial Northwest, Inc. operates as the bank holding company for First Financial Northwest Bank that provides commercial banking services in Washington. The company offers a range of deposit products, including noninterest bearing accounts, interest-bearing demand accounts, money market accounts, statement savings accounts, and certificates of deposit. Its loan products comprise one-to-four family residential loans; multifamily and commercial real estate loans; construction/land loans for the construction of single-family residences, condominiums, townhouses, multifamily properties, and residential developments; business loans; and consumer loans, such as home equity loans and savings account loans. The company also provides wealth management services; and online banking platform, as well as debit cards and ATMs. As of December 31, 2021, it operated seven retail branches in King County, five retail branches in Snohomish County, and two retail branches in Pierce County, Washington. First Financial Northwest, Inc. was founded in 1923 and is headquartered in Renton, Washington.

Earnings Per Share

As for profitability, First Financial Northwest has a trailing twelve months EPS of $0.34.

PE Ratio

First Financial Northwest has a trailing twelve months price to earnings ratio of 62.5. Meaning, the purchaser of the share is investing $62.5 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 1.94%.

Yearly Top and Bottom Value

First Financial Northwest’s stock is valued at $21.25 at 03:15 EST, under its 52-week high of $22.17 and way above its 52-week low of $10.09.

Revenue Growth

Year-on-year quarterly revenue growth declined by 15.1%, now sitting on 41.8M for the twelve trailing months.

More news about First Financial Northwest.