Fortress Biotech, Blackrock Municipal Income Quality Trust, Another 3 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Fortress Biotech (FBIOP), Blackrock Municipal Income Quality Trust (BYM), First BanCorp. New (FBP) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Fortress Biotech (FBIOP) 12.34% 2023-03-22 11:11:08
Blackrock Municipal Income Quality Trust (BYM) 4.06% 2023-03-09 13:07:08
First BanCorp. New (FBP) 3.4% 2023-03-10 13:23:18
Nexstar Media Group (NXST) 3.36% 2023-03-18 07:42:08
IDACORP (IDA) 3.1% 2023-03-11 06:23:07

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: 12.34%

Fortress Biotech’s last close was $19.01, 23.87% under its 52-week high of $24.97. Intraday change was 0.58%.

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 -143.38%.

Volume

Today’s last reported volume for Fortress Biotech is 519 which is 95.77% below its average volume of 12271.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Fortress Biotech’s stock is considered to be overbought (>=80).

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Mar 13, 2023, the estimated forward annual dividend rate is 2.34 and the estimated forward annual dividend yield is 12.34%.

Yearly Top and Bottom Value

Fortress Biotech’s stock is valued at $19.12 at 03:15 EST, way below its 52-week high of $24.97 and way higher than its 52-week low of $16.86.

More news about Fortress Biotech.

2. Blackrock Municipal Income Quality Trust (BYM) – Dividend Yield: 4.06%

Blackrock Municipal Income Quality Trust’s last close was $11.23, 20.24% below its 52-week high of $14.08. Intraday change was 0.62%.

BlackRock Municipal Income Quality Trust is a closed-ended fixed income mutual fund launched by BlackRock, Inc. It is managed by BlackRock Advisors, LLC. The fund invests in the fixed income markets of the United States. It primarily invests in investment grade municipal bonds exempt from federal income taxes, including the alternative minimum tax. BlackRock Municipal Income Quality Trust was formed on October 31, 2002 and is domiciled in the United States.

Earnings Per Share

As for profitability, Blackrock Municipal Income Quality Trust has a trailing twelve months EPS of $-0.1.

More news about Blackrock Municipal Income Quality Trust.

3. First BanCorp. New (FBP) – Dividend Yield: 3.4%

First BanCorp. New’s last close was $13.28, 19.02% below its 52-week high of $16.40. Intraday change was -2.48%.

First BanCorp. operates as a bank holding company for FirstBank Puerto Rico that provides various financial services for retail, commercial, and institutional clients. The company operates through six segments: Commercial and Corporate Banking, Mortgage Banking, Consumer (Retail) Banking, Treasury and Investments, United States Operations, and Virgin Islands Operations. The Commercial and Corporate Banking segment offers commercial loans, including commercial real estate and construction loans and floor plan financings; and other products, such as cash management and business management services. The Mortgage Banking segment engages in the origination, sale, and servicing of various residential mortgage loans; acquisition and sale of mortgages in the secondary markets; and purchase of mortgage loans from other local banks and mortgage bankers. The Consumer (Retail) Banking segment provides auto, boat, credit card, and personal loans; lines of credit; deposit products comprising interest bearing and non-interest bearing checking and savings accounts, individual retirement accounts, and retail certificates of deposit (CDs); and finance leasing and insurance agency services. The Treasury and Investments segment offers funding and liquidity management services. The United States Operations segment provides checking, savings, and money market accounts, as well as retail CDs; traditional commercial and industrial, and commercial real estate loans; and internet banking, cash management, remote deposit capture, and automated clearing house, and transactions services. The Virgin Islands Operations segment is involved in consumer, commercial lending, and deposit-taking activities. The company operates 64 branches in Puerto Rico, 8 branches in the U.S. Virgin Islands and British Virgin Islands, and 11 branches in the state of Florida. First BanCorp. was founded in 1948 and is headquartered in San Juan, Puerto Rico.

Earnings Per Share

As for profitability, First BanCorp. New has a trailing twelve months EPS of $0.73.

PE Ratio

First BanCorp. New has a trailing twelve months price to earnings ratio of 17.17. Meaning, the purchaser of the share is investing $17.17 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 17.8%.

More news about First BanCorp. New.

4. Nexstar Media Group (NXST) – Dividend Yield: 3.36%

Nexstar Media Group’s last close was $159.20, 26.89% under its 52-week high of $217.76. Intraday change was -2.97%.

Nexstar Media Group, Inc., a television broadcasting and digital media company, focuses on the acquisition, development, and operation of television stations and interactive community websites and digital media services in the United States. The company offers free programming to television viewing audiences. As of December 31, 2020, it provided sales, programming, and other services through various local service agreements to 37 power television stations owned by independent third parties; and owned, operated, programmed, or provided sales and other services to 198 television stations. The company also offers video and display advertising platforms that are delivered locally or nationally through its own and various third party websites and mobile applications, as well as owns WGN America, a national general entertainment cable network. Its stations are affiliates of ABC, NBC, FOX, CBS, The CW, MyNetworkTV, and other broadcast television networks. The company was formerly known as Nexstar Broadcasting Group, Inc. and changed its name to Nexstar Media Group, Inc. in January 2017. Nexstar Media Group, Inc. was founded in 1996 and is headquartered in Irving, Texas.

Earnings Per Share

As for profitability, Nexstar Media Group has a trailing twelve months EPS of $23.96.

PE Ratio

Nexstar Media Group has a trailing twelve months price to earnings ratio of 6.64. Meaning, the purchaser of the share is investing $6.64 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 33.54%.

More news about Nexstar Media Group.

5. IDACORP (IDA) – Dividend Yield: 3.1%

IDACORP’s last close was $101.68, 14.5% under its 52-week high of $118.92. Intraday change was -0.2%.

IDACORP, Inc., together with its subsidiaries, engages in the generation, transmission, distribution, purchase, and sale of electric energy in the United States. The company operates 17 hydropower generating plants located in southern Idaho and eastern Oregon; three natural gas-fired plants in southern Idaho; and interests in two coal-fired steam electric generating plants located in Wyoming and Nevada. As of December 31, 2021, it had approximately 4,843 pole-miles of high-voltage transmission lines; 23 step-up transmission substations located at power plants; 21 transmission substations; 10 switching stations; 30 mixed-use transmission and distribution substations; 187 energized distribution substations; and 28,570 pole-miles of distribution lines, as well as provides electric utility services to approximately 604,000 retail customers in southern Idaho and eastern Oregon. The company serves commercial and industrial customers, which involved in food processing, electronics and general manufacturing, agriculture, health care, government, and education. It also invests in housing and other real estate tax credit investments. IDACORP, Inc. was founded in 1915 and is headquartered in Boise, Idaho.

Earnings Per Share

As for profitability, IDACORP has a trailing twelve months EPS of $5.11.

PE Ratio

IDACORP has a trailing twelve months price to earnings ratio of 19.9. Meaning, the purchaser of the share is investing $19.9 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 9.46%.

Growth Estimates Quarters

The company’s growth estimates for the current quarter is a negative 1.1% and positive 3.1% for the next.

More news about IDACORP.

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