(VIANEWS) – Frontline Ltd. Ordinary Shares (FRO), PennantPark Investment Corporation (PNNT), TeklaLife Sciences Investors (HQL) have the highest dividend yield stocks on this list.
| Financial Asset | Forward Dividend Yield | Updated (EST) |
|---|---|---|
| Frontline Ltd. Ordinary Shares (FRO) | 19.51% | 2023-06-24 23:07:14 |
| PennantPark Investment Corporation (PNNT) | 12.15% | 2023-07-02 16:17:07 |
| TeklaLife Sciences Investors (HQL) | 9.28% | 2023-06-25 09:08:08 |
| TCW Strategic Income Fund (TSI) | 6.88% | 2023-06-27 23:13:08 |
| Banco Bradesco (BBD) | 5.65% | 2023-07-03 13:38:15 |
| BlackRock Municipal Income Trust (BFK) | 3.72% | 2023-06-23 15:08:08 |
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. Frontline Ltd. Ordinary Shares (FRO) – Dividend Yield: 19.51%
Frontline Ltd. Ordinary Shares’s last close was $14.35, 25.61% below its 52-week high of $19.29. Intraday change was -3.5%.
Frontline Ltd., a shipping company, engages in the seaborne transportation of crude oil and oil products worldwide. It owns and operates oil and product tankers. As of December 31, 2021, the company operated a fleet of 70 vessels. It is also involved in the charter, purchase, and sale of vessels. The company was founded in 1985 and is based in Hamilton, Bermuda.
Earnings Per Share
As for profitability, Frontline Ltd. Ordinary Shares has a trailing twelve months EPS of $2.98.
PE Ratio
Frontline Ltd. Ordinary Shares has a trailing twelve months price to earnings ratio of 4.82. Meaning, the purchaser of the share is investing $4.82 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 33.1%.
More news about Frontline Ltd. Ordinary Shares.
2. PennantPark Investment Corporation (PNNT) – Dividend Yield: 12.15%
PennantPark Investment Corporation’s last close was $5.89, 13.64% below its 52-week high of $6.82. Intraday change was 0.51%.
PennantPark Investment Corporation, a business development company is a private equity fund specializes in direct and mezzanine investments in middle market companies. It invests in the form of mezzanine debt, senior secured loans, and equity investments. The fund typically invests in buildings and real estate, hotels, gaming and leisure, technology, telecommunications, transportation, information technology services, electronics, healthcare & pharmaceuticals, education and childcare, financial services, printing and publishing, consumer products, business services, energy & Related Services and utilities, distribution, oil and gas, media, environmental services, aerospace and defense, building materials, capital equipment, chemicals, plastics, & rubber, food & beverage, wholesale, manufacturing and basic industries and retail. It invests in equity securities and debt transactions through preferred stock, common stock, warrants, options, senior secured debt, subordinated debt, subordinated loans, first lien debt, mezzanine loans, and distressed debt securities and private equity co-investments. It seeks to invest in companies based in the United States. The fund seeks to invest between $10 million and $100 million cross the capital structure (senior secured loans, subordinated debt, and other investments) in its portfolio companies with EBITDA between $10 to $50 million. Its mezzanine loans, senior secured loans, and other investments in its portfolio companies are between $15 million and $50 million. The fund may also make non-control equity and debt investments.
Earnings Per Share
As for profitability, PennantPark Investment Corporation has a trailing twelve months EPS of $-1.83.
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 -20.76%.
Yearly Top and Bottom Value
PennantPark Investment Corporation’s stock is valued at $5.89 at 03:15 EST, way below its 52-week high of $6.82 and way above its 52-week low of $4.70.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, PennantPark Investment Corporation’s stock is considered to be oversold (<=20).
More news about PennantPark Investment Corporation.
3. TeklaLife Sciences Investors (HQL) – Dividend Yield: 9.28%
TeklaLife Sciences Investors’s last close was $13.80, 15.49% below its 52-week high of $16.33. Intraday change was -0.5%.
Tekla Life Sciences Investors is a closed-ended equity mutual fund launched and managed by Tekla Capital Management LLC. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating in the life sciences sector, including the biotechnology, pharmaceutical, diagnostics, managed healthcare, medical equipment, hospitals, healthcare information technology and services, devices and supplies industries, and in agriculture and environmental management industries. The fund primarily invests in growth stocks of small cap companies. It employs fundamental analysis with a focus on factors such as market position for services or products, experience of business management, technological expertise, and the ability either to generate funds internally to finance growth or to secure outside sources of capital to create its portfolio. The fund benchmarks the performance of its portfolio against the NASDAQ Biotech Index and the S&P 500 Index. It was formerly known as H&Q Life Sciences Investors fund. Tekla Life Sciences Investors was formed on February 20, 1992 and is domiciled in the United States.
Earnings Per Share
As for profitability, TeklaLife Sciences Investors has a trailing twelve months EPS of $0.1.
PE Ratio
TeklaLife Sciences Investors has a trailing twelve months price to earnings ratio of 138. Meaning, the purchaser of the share is investing $138 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 1.28%.
More news about TeklaLife Sciences Investors.
4. TCW Strategic Income Fund (TSI) – Dividend Yield: 6.88%
TCW Strategic Income Fund’s last close was $4.66, 11.24% under its 52-week high of $5.25. Intraday change was 0.22%.
TCW Strategic Income Fund, Inc. is a close-ended balanced mutual fund launched by The TCW Group, Inc. The fund is managed by TCW Investment Management Company. It invests in the public equity and fixed income markets of the United States. The fund makes its investments in securities of companies operating across diversified sectors. For its equity investments, it seeks to invest in growth and value stocks of companies. The fund's fixed income investments are comprised of mortgage related securities, asset-backed securities, money market securities, convertible securities, high yield bonds, collateralized debt obligations (CDOs), and securities issued or guaranteed by the United States Government, its agencies and instrumentalities. It benchmarks the performance of its portfolio against the S&P 500 Index, NASDAQ, and a customized benchmark comprised of Barclays U.S. Aggregate Bond Index, Citigroup High Yield Cash Pay Index, S&P 500 Index, and BofA Merrill Lynch All Convertibles All Qualities. The fund was previously known as TCW Convertible Securities Fund, Inc. TCW Strategic Income Fund, Inc. was formed on January 13, 1987 and is domiciled in the United States.
Earnings Per Share
As for profitability, TCW Strategic Income Fund has a trailing twelve months EPS of $-0.43.
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 -8.08%.
More news about TCW Strategic Income Fund.
5. Banco Bradesco (BBD) – Dividend Yield: 5.65%
Banco Bradesco’s last close was $3.47, 16.59% below its 52-week high of $4.16. Intraday change was 0.4%.
Banco Bradesco S.A., together with its subsidiaries, provides various banking products and services to individuals, corporates, and businesses in Brazil and internationally. The company operates through two segments, Banking and Insurance. It provides current, savings, click, and salary accounts; real estate credit, vehicle financing, payroll loans, mortgage loans, microcredit, leasing, and personal and installment credit; debit and business cards; financial and security services; consortium products; auto, personal accident, dental, travel, and life insurance; investment products; pension products; real estate and vehicle auctions; cash management, and foreign trade and exchange services; capitalization bonds; and internet banking services. Banco Bradesco S.A. was founded in 1943 and is headquartered in Osasco, Brazil.
Earnings Per Share
As for profitability, Banco Bradesco has a trailing twelve months EPS of $0.35.
PE Ratio
Banco Bradesco has a trailing twelve months price to earnings ratio of 9.91. Meaning, the purchaser of the share is investing $9.91 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 11.82%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 25.3%, now sitting on 79.54B for the twelve trailing months.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Jul 2, 2023, the estimated forward annual dividend rate is 0.19 and the estimated forward annual dividend yield is 5.65%.
Volume
Today’s last reported volume for Banco Bradesco is 7273900 which is 70.88% below its average volume of 24985100.
Yearly Top and Bottom Value
Banco Bradesco’s stock is valued at $3.47 at 03:15 EST, way under its 52-week high of $4.16 and way above its 52-week low of $2.34.
More news about Banco Bradesco.
6. BlackRock Municipal Income Trust (BFK) – Dividend Yield: 3.72%
BlackRock Municipal Income Trust’s last close was $9.85, 14.57% below its 52-week high of $11.53. Intraday change was 0.41%.
BlackRock Municipal Income Trust is a closed ended fixed income mutual fund launched by BlackRock, Inc. It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets. It invests primarily in investment grade municipal bonds that are exempt from regular federal income tax. BlackRock Municipal Income Trust was formed on July 31, 2001 and is domiciled in United States.
Earnings Per Share
As for profitability, BlackRock Municipal Income Trust 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 -13.01%.
More news about BlackRock Municipal Income Trust.
