Gabelli Dividend & Income Trust, Danaos Corporation, Another 3 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Gabelli Dividend & Income Trust (GDV), Danaos Corporation (DAC), Putnam Municipal Opportunities Trust (PMO) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Gabelli Dividend & Income Trust (GDV) 6.85% 2023-11-14 23:48:05
Danaos Corporation (DAC) 4.74% 2023-11-14 05:11:05
Putnam Municipal Opportunities Trust (PMO) 4.2% 2023-11-17 01:12:05
Western Alliance Bancorporation (WAL) 2.92% 2023-11-18 07:13:05
Permian Basin Royalty Trust (PBT) 2.52% 2023-11-16 21:11:05

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. Gabelli Dividend & Income Trust (GDV) – Dividend Yield: 6.85%

Gabelli Dividend & Income Trust’s last close was $19.53, 12.77% below its 52-week high of $22.39. Intraday change was 1.98%.

The Gabelli Dividend & Income Trust is a closed ended equity mutual fund launched by GAMCO Investors, Inc. The fund is managed by Gabelli Funds, LLC. It invests in public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in dividend paying stocks of companies. The fund seeks to benchmarks the performance of its portfolio against a combination of the S&P 500 Index, Dow Jones Industrial Average, and Nasdaq Composite Index. Gabelli Dividend & Income Trust was formed on November 28, 2003 and is domiciled in the United States.

Earnings Per Share

As for profitability, Gabelli Dividend & Income Trust has a trailing twelve months EPS of $3.24.

PE Ratio

Gabelli Dividend & Income Trust has a trailing twelve months price to earnings ratio of 6.03. Meaning, the purchaser of the share is investing $6.03 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 12.13%.

Volume

Today’s last reported volume for Gabelli Dividend & Income Trust is 204323 which is 18.21% above its average volume of 172838.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Dec 13, 2023, the estimated forward annual dividend rate is 1.32 and the estimated forward annual dividend yield is 6.85%.

Moving Average

Gabelli Dividend & Income Trust’s value is higher than its 50-day moving average of $19.42 and under its 200-day moving average of $20.58.

Yearly Top and Bottom Value

Gabelli Dividend & Income Trust’s stock is valued at $19.53 at 01:15 EST, way under its 52-week high of $22.39 and above its 52-week low of $18.04.

More news about Gabelli Dividend & Income Trust.

2. Danaos Corporation (DAC) – Dividend Yield: 4.74%

Danaos Corporation’s last close was $63.34, 11.6% under its 52-week high of $71.65. Intraday change was -0.09%.

Danaos Corporation, together with its subsidiaries, owns and operates containerships in Australia, Asia, Europe, and the United States. The company offers seaborne transportation services, such as chartering its vessels to liner companies. As of February 28, 2021, it had a fleet of 65 containerships aggregating 403,793 twenty foot equivalent units in capacity. The company was formerly known as Danaos Holdings Limited and changed its name to Danaos Corporation in October 2005. Danaos Corporation was founded in 1972 and is based in Piraeus, Greece.

Earnings Per Share

As for profitability, Danaos Corporation has a trailing twelve months EPS of $25.39.

PE Ratio

Danaos Corporation has a trailing twelve months price to earnings ratio of 2.49. Meaning, the purchaser of the share is investing $2.49 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 19.81%.

Sales Growth

Danaos Corporation’s sales growth is negative 1.8% for the present quarter and negative 3.9% for the next.

Yearly Top and Bottom Value

Danaos Corporation’s stock is valued at $63.34 at 01:15 EST, way under its 52-week high of $71.65 and way higher than its 52-week low of $51.10.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter is a negative 15.5% and positive 11.2% for the next.

Volume

Today’s last reported volume for Danaos Corporation is 132239 which is 45.41% above its average volume of 90936.

More news about Danaos Corporation.

3. Putnam Municipal Opportunities Trust (PMO) – Dividend Yield: 4.2%

Putnam Municipal Opportunities Trust’s last close was $10.01, 18.29% below its 52-week high of $12.25. Intraday change was 1.6%.

Putnam Municipal Opportunities Trust is a closed ended fixed income mutual fund launched and managed by Putnam Investment Management, LLC. The fund is co-managed by Putnam Investments Limited. It invests in fixed income markets of United States. The fund invests in companies operating across healthcare, utilities, transportation, water and sewer, and housing sectors. Putnam Municipal Opportunities Trust was formed in 1993 and is domiciled in United States.

Earnings Per Share

As for profitability, Putnam Municipal Opportunities Trust has a trailing twelve months EPS of $0.31.

PE Ratio

Putnam Municipal Opportunities Trust has a trailing twelve months price to earnings ratio of 32.28. Meaning, the purchaser of the share is investing $32.28 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 2.04%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 10.5%, now sitting on 21.36M for the twelve trailing months.

More news about Putnam Municipal Opportunities Trust.

4. Western Alliance Bancorporation (WAL) – Dividend Yield: 2.92%

Western Alliance Bancorporation’s last close was $49.33, 39.23% below its 52-week high of $81.17. Intraday change was 2.66%.

Western Alliance Bancorporation operates as the bank holding company for Western Alliance Bank that provides various banking products and related services primarily in Arizona, California, and Nevada. It operates through Commercial and Consumer Related segments. The company offers deposit products, including checking, savings, and money market accounts, as well as fixed-rate and fixed maturity certificates of deposit accounts; demand deposits; and treasury management and residential mortgage products and services. It also offers commercial and industrial loan products, such as working capital lines of credit, loans to technology companies, inventory and accounts receivable lines, mortgage warehouse lines, equipment loans and leases, and other commercial loans; commercial real estate loans, which are secured by multi-family residential properties, professional offices, industrial facilities, retail centers, hotels, and other commercial properties; construction and land development loans for single family and multi-family residential projects, industrial/warehouse properties, office buildings, retail centers, medical office facilities, and residential lot developments; and consumer loans. In addition, the company provides other financial services, such as internet banking, wire transfers, electronic bill payment and presentment, funds transfer and other digital payment offerings, lock box services, courier, and cash management services. Further, it holds certain investment securities, municipal and non-profit loans, and leases; invests primarily in low-income housing tax credits and small business investment corporations; and holds certain real estate loans and related securities. Western Alliance Bancorporation was founded in 1994 and is headquartered in Phoenix, Arizona.

Earnings Per Share

As for profitability, Western Alliance Bancorporation has a trailing twelve months EPS of $7.88.

PE Ratio

Western Alliance Bancorporation has a trailing twelve months price to earnings ratio of 6.26. Meaning, the purchaser of the share is investing $6.26 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 16.11%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 10.8%, now sitting on 2.58B for the twelve trailing months.

More news about Western Alliance Bancorporation.

5. Permian Basin Royalty Trust (PBT) – Dividend Yield: 2.52%

Permian Basin Royalty Trust’s last close was $18.24, 34.32% below its 52-week high of $27.77. Intraday change was 0.72%.

Permian Basin Royalty Trust, an express trust, holds overriding royalty interests in various oil and gas properties in the United States. The company owns a 75% net overriding royalty interest in the Waddell Ranch properties comprising Dune, Sand Hills (Judkins), Sand Hills (McKnight), Sand Hills (Tubb), University-Waddell (Devonian), and Waddell fields located in Crane County, Texas. It also holds a 95% net overriding royalty in the Texas Royalty properties, which consist of various producing oil fields, such as Yates, Wasson, Sand Hills, East Texas, Kelly-Snyder, Panhandle Regular, N. Cowden, Todd, Keystone, Kermit, McElroy, Howard-Glasscock, Seminole, and others located in 33 counties in Texas. Its Texas Royalty properties comprise approximately 125 separate royalty interests containing approximately 51,000 net producing acres. The company was founded in 1980 and is based in Dallas, Texas.

Earnings Per Share

As for profitability, Permian Basin Royalty Trust has a trailing twelve months EPS of $0.62.

PE Ratio

Permian Basin Royalty Trust has a trailing twelve months price to earnings ratio of 29.42. Meaning, the purchaser of the share is investing $29.42 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 12333%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Permian Basin Royalty Trust’s EBITDA is 27.99.

Yearly Top and Bottom Value

Permian Basin Royalty Trust’s stock is valued at $18.24 at 01:15 EST, way under its 52-week high of $27.77 and way higher than its 52-week low of $15.05.

More news about Permian Basin Royalty Trust.

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