Fortress Biotech, India Fund, Another 4 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Fortress Biotech (FBIOP), India Fund (IFN), Pimco Corporate & Income Strategy Fund (PCN) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Fortress Biotech (FBIOP) 36.39% 2024-08-19 17:09:05
India Fund (IFN) 10.58% 2024-08-26 09:12:07
Pimco Corporate & Income Strategy Fund (PCN) 10.04% 2024-08-27 19:41:06
ARC Document Solutions (ARC) 6.73% 2024-08-24 05:15:05
Hope Bancorp (HOPE) 4.52% 2024-08-20 11:06:06
Hurco Companies (HURC) 4.15% 2024-08-14 07:44:06

A little less 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: 36.39%

Fortress Biotech’s last close was $6.44, 64.22% under its 52-week high of $18.00. Intraday change was -0.78%.

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.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Jun 14, 2024, the estimated forward annual dividend rate is 2.34 and the estimated forward annual dividend yield is 36.39%.

Yearly Top and Bottom Value

Fortress Biotech’s stock is valued at $6.39 at 17:15 EST, way under its 52-week high of $18.00 and higher than its 52-week low of $6.15.

Moving Average

Fortress Biotech’s worth is way under its 50-day moving average of $11.18 and way under its 200-day moving average of $13.48.

More news about Fortress Biotech.

2. India Fund (IFN) – Dividend Yield: 10.58%

India Fund’s last close was $18.52, 12.85% below its 52-week high of $21.25. Intraday change was 0.22%.

The India Fund, Inc. is a close ended equity mutual fund launched and managed by Aberdeen Standard Investments (Asia) Limited. The fund invests in public equity markets of India. It seeks to invest in stocks of small-cap, mid-cap, and large-cap companies. The fund employs a quantitative and fundamental analysis with a bottom-up stock picking and asset allocation approach to create its portfolio. It benchmarks the performance of its portfolio against the IFC Investable India Index. The India Fund, Inc. was formed on December 27, 1993 and is domiciled in the Singapore.

Earnings Per Share

As for profitability, India Fund has a trailing twelve months EPS of $3.23.

PE Ratio

India Fund has a trailing twelve months price to earnings ratio of 5.75. Meaning, the purchaser of the share is investing $5.75 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 19.07%.

Volume

Today’s last reported volume for India Fund is 32107 which is 82.6% below its average volume of 184550.

More news about India Fund.

3. Pimco Corporate & Income Strategy Fund (PCN) – Dividend Yield: 10.04%

Pimco Corporate & Income Strategy Fund’s last close was $13.46, 5.41% under its 52-week high of $14.23. Intraday change was 0.15%.

PIMCO Corporate & Income Strategy Fund 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 invests in the fixed income markets of the United States. The fund invests in securities of companies that operate across diversified sectors. It invests in fixed income securities such as treasury bonds, corporate notes, U.S. government agency securities, mortgage backed and asset-backed securities. The fund employs fundamental analysis with a top-down security selection process to create its portfolio. The fund was formerly known as PIMCO Corporate Income Fund. PIMCO Corporate & Income Strategy Fund was formed on October 17, 2001 and is domiciled in the United States.

Earnings Per Share

As for profitability, Pimco Corporate & Income Strategy Fund has a trailing twelve months EPS of $1.48.

PE Ratio

Pimco Corporate & Income Strategy Fund has a trailing twelve months price to earnings ratio of 9.09. Meaning, the purchaser of the share is investing $9.09 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 7.59%.

More news about Pimco Corporate & Income Strategy Fund.

4. ARC Document Solutions (ARC) – Dividend Yield: 6.73%

ARC Document Solutions’s last close was $2.97, 15.63% under its 52-week high of $3.52. Intraday change was 0.34%.

ARC Document Solutions, Inc., a reprographics company, provides document solutions worldwide. It offers managed print services, an onsite service that places, manages, and optimizes print and imaging equipment in customers' offices, job sites, and other facilities; construction document and information management services, which consists of professional services to manage and distribute documents and information primarily related to construction projects and related project-based businesses; and archive and information management services that combines software and professional services to facilitate the capture, management, access, and retrieval of documents and information. The company also resells printing, imaging, and related equipment primarily to architectural, engineering, and construction firms, as well as provides ancillary services, such as equipment service and maintenance; and offers specialized color printing comprising color printing, finishing and assembly of graphic materials for regional and national retailers, franchises, marketing departments, theme parks, and cultural institutions. In addition, it develops and offers Web-based document management applications, such as SKYSITE, Planwell, and Abacus that facilitates project collaboration, manage print networks, track equipment fleets, create and maintain project document archives, and other document and content management tasks. Further, the company operates 173 offsite service centers that provides its customers with project-related printing of construction documents. It serves senior management teams, information technology and procurement departments, project architects, engineers, general contractors, facilities managers, marketing managers, and others. The company was formerly known as American Reprographics Company and changed its name to ARC Document Solutions, Inc. in 2012. ARC Document Solutions, Inc. was founded in 1960 is headquartered in San Ramon, California.

Earnings Per Share

As for profitability, ARC Document Solutions has a trailing twelve months EPS of $0.18.

PE Ratio

ARC Document Solutions has a trailing twelve months price to earnings ratio of 16.5. Meaning, the purchaser of the share is investing $16.5 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 4.92%.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Oct 31, 2024, the estimated forward annual dividend rate is 0.2 and the estimated forward annual dividend yield is 6.73%.

Yearly Top and Bottom Value

ARC Document Solutions’s stock is valued at $2.97 at 17:15 EST, way under its 52-week high of $3.52 and way above its 52-week low of $2.56.

More news about ARC Document Solutions.

5. Hope Bancorp (HOPE) – Dividend Yield: 4.52%

Hope Bancorp’s last close was $12.38, 8.9% under its 52-week high of $13.59. Intraday change was -1.41%.

Hope Bancorp, Inc. operates as the bank holding company for Bank of Hope that provides banking services for small and medium-sized businesses, and individuals in the United States. The company accepts personal and business checking, money market, savings, time deposit, and individual retirement accounts. Its loan products include commercial loans to businesses for various purposes, such as working capital, purchasing inventory, debt refinancing, business acquisitions, and other business related financing needs; real estate loans; small business administration loans; and consumer loans, such as single-family mortgage, home equity, auto, credit card, and personal loans. The company also offers trade finance services, including the issuance and negotiation of letters of credit, as well as handles documentary collections; warehouse lines of credit to mortgage loan originators; and commercial equipment lease financing. In addition, it provides cash management services, such as remote deposit capture, lock box, and ACH origination services; investment and wealth management services; mobile banking services; debit card services; foreign exchanges services, safe deposit boxes, and other customary bank services; internet banking services; and automated teller machine services. As of January 26, 2021, the company operated 58 full-service branches in California, Washington, Texas, Illinois, New York, New Jersey, Virginia, and Alabama; SBA loan production offices in Seattle, Denver, Dallas, Atlanta, Portland, Oregon, New York City, Northern California, and Houston; commercial loan production office in Northern California and Seattle; residential mortgage loan production offices in Southern California; and a representative office in Seoul, Korea. The company was formerly known as BBCN Bancorp, Inc. and changed its name to Hope Bancorp, Inc. in August 2016. Hope Bancorp, Inc. was incorporated in 2000 and is headquartered in Los Angeles, California.

Earnings Per Share

As for profitability, Hope Bancorp has a trailing twelve months EPS of $0.89.

PE Ratio

Hope Bancorp has a trailing twelve months price to earnings ratio of 13.71. Meaning, the purchaser of the share is investing $13.71 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 5.15%.

More news about Hope Bancorp.

6. Hurco Companies (HURC) – Dividend Yield: 4.15%

Hurco Companies’s last close was $16.22, 42.48% below its 52-week high of $28.20. Intraday change was 5.53%.

Hurco Companies, Inc., an industrial technology company, designs, manufactures, and sells computerized machine tools to companies in the metal cutting industry worldwide. Its principal products include general-purpose computerized machine tools, including vertical and horizontal machining centers, turning centers, and toolroom machines. The company also provides computer control systems and related software for press brake applications. In addition, it offers machine tool components, automation integration equipment, and solutions for job shops; and software options, control upgrades, and accessories and replacement parts for its products, as well as customer service, training, and applications support services. Further, the company provides Autobend computer control systems for press brake machines. It serves independent job shops and specialized short-run production applications within large manufacturing operations, as well as precision tool, die, and mold manufacturers in aerospace, defense, medical equipment, energy, automotive/transportation, electronics, and computer industries. The company sells its products under the Hurco, Milltronics, and Takumi brands through independent agents and distributors, as well as through its direct sales and service organizations. Hurco Companies, Inc. was incorporated in 1968 and is headquartered in Indianapolis, Indiana.

Earnings Per Share

As for profitability, Hurco Companies has a trailing twelve months EPS of $-0.46.

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 -1.3%.

More news about Hurco Companies.

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