Gabelli Equity Trust, BlackRock Floating Rate Income Trust, Another 4 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Gabelli Equity Trust (GAB), BlackRock Floating Rate Income Trust (BGT), One Liberty Properties (OLP) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Gabelli Equity Trust (GAB) 11.39% 2023-09-22 09:07:07
BlackRock Floating Rate Income Trust (BGT) 11.31% 2023-09-20 22:17:07
One Liberty Properties (OLP) 9.23% 2023-09-06 07:07:07
United Community Banks (UCBI) 3.6% 2023-09-13 16:23:07
Bank of the James Financial Group (BOTJ) 2.99% 2023-09-08 19:41:07
Hormel Foods (HRL) 2.79% 2023-09-22 12:21:16

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. Gabelli Equity Trust (GAB) – Dividend Yield: 11.39%

Gabelli Equity Trust’s last close was $5.26, 15.02% below its 52-week high of $6.19. Intraday change was 2.47%.

The Gabelli Equity Trust Inc. 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 invests in preferred stock, convertible or exchangeable securities, and warrants and rights. The fund primarily invests in value stocks of companies across market capitalizations. It employs fundamental analysis with a bottom-up stock picking approach to create its portfolio. The fund seeks to benchmarks the performance of its portfolio against the S&P 500 Index, Dow Jones Industrial Average, and Nasdaq Composite Index. The Gabelli Equity Trust Inc. was formed on August 21, 1986 and is domiciled in the United States.

Earnings Per Share

As for profitability, Gabelli Equity Trust has a trailing twelve months EPS of $1.11.

PE Ratio

Gabelli Equity Trust has a trailing twelve months price to earnings ratio of 4.86. Meaning, the purchaser of the share is investing $4.86 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 16.79%.

Yearly Top and Bottom Value

Gabelli Equity Trust’s stock is valued at $5.39 at 20:15 EST, way below its 52-week high of $6.19 and way above its 52-week low of $4.84.

More news about Gabelli Equity Trust.

2. BlackRock Floating Rate Income Trust (BGT) – Dividend Yield: 11.31%

BlackRock Floating Rate Income Trust’s last close was $12.01, 2.52% under its 52-week high of $12.32. Intraday change was -0.33%.

BlackRock Floating Rate Income Trust is a close ended fixed income mutual fund launched by BlackRoack Inc. The fund is co-managed by BlackRock Advisors, LLC and BlackRock Financial Management, Inc. It invests in the fixed income markets across the globe while focusing on the United States. The fund invests in bonds of companies operating across diversified sectors. It invests in corporate bonds with average effective duration of its portfolio will be no more than 1.5 years. The fund was formerly known as BlackRock Global Floating Rate Income Trust. BlackRock Floating Rate Income Trust was formed on August 30, 2004 and is domiciled in the United States.

Earnings Per Share

As for profitability, BlackRock Floating Rate Income Trust has a trailing twelve months EPS of $1.67.

PE Ratio

BlackRock Floating Rate Income Trust has a trailing twelve months price to earnings ratio of 7.19. Meaning, the purchaser of the share is investing $7.19 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 13.47%.

Moving Average

BlackRock Floating Rate Income Trust’s value is higher than its 50-day moving average of $11.89 and higher than its 200-day moving average of $11.45.

Volatility

BlackRock Floating Rate Income Trust’s last week, last month’s, and last quarter’s current intraday variation average was 0.11%, 0.16%, and 0.60%.

BlackRock Floating Rate Income Trust’s highest amplitude of average volatility was 0.33% (last week), 0.54% (last month), and 0.60% (last quarter).

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Sep 13, 2023, the estimated forward annual dividend rate is 1.36 and the estimated forward annual dividend yield is 11.31%.

More news about BlackRock Floating Rate Income Trust.

3. One Liberty Properties (OLP) – Dividend Yield: 9.23%

One Liberty Properties’s last close was $19.30, 23.08% under its 52-week high of $25.09. Intraday change was -1.08%.

One Liberty is a self-administered and self-managed real estate investment trust incorporated in Maryland in 1982. The Company acquires, owns and manages a geographically diversified portfolio consisting primarily of industrial and retail properties. Many of these properties are subject to long-term net leases under which the tenant is typically responsible for the property's real estate taxes, insurance and ordinary maintenance and repairs.

Earnings Per Share

As for profitability, One Liberty Properties has a trailing twelve months EPS of $1.31.

PE Ratio

One Liberty Properties has a trailing twelve months price to earnings ratio of 14.73. Meaning, the purchaser of the share is investing $14.73 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 8.93%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

One Liberty Properties’s EBITDA is 8.7.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Jun 22, 2023, the estimated forward annual dividend rate is 1.8 and the estimated forward annual dividend yield is 9.23%.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is a negative 52.9% and a negative 61.9%, respectively.

More news about One Liberty Properties.

4. United Community Banks (UCBI) – Dividend Yield: 3.6%

United Community Banks’s last close was $25.81, 34.66% under its 52-week high of $39.50. Intraday change was -1.12%.

United Community Banks, Inc. operates as a bank holding company for the United Community Bank, a state-chartered bank that provides various banking products and services. The company accepts checking, savings, money market, negotiable order of withdrawal, time, and other deposit accounts, as well as certificates of deposit. Its loan products include commercial real estate, commercial and industrial, commercial construction, residential mortgage and construction, consumer direct loans, and indirect auto loans, as well as home equity lines of credits. The company also offers investment products; wealth management services comprising financial planning, customized portfolio management, and investment advice; trust services to manage fiduciary assets; insurance products, including life insurance, long-term care insurance, and tax-deferred annuities; reinsurance on a property insurance contract; and payment processing, merchant, wire transfer, private banking, and other financial services. It serves individuals, small businesses, mid-sized commercial businesses, and non-profit organizations. The company operates through 193 locations in Georgia, North Carolina, South Carolina, Tennessee, and Florida markets. United Community Banks, Inc. was founded in 1950 and is based in Blairsville, Georgia.

Earnings Per Share

As for profitability, United Community Banks has a trailing twelve months EPS of $2.53.

PE Ratio

United Community Banks has a trailing twelve months price to earnings ratio of 10.09. Meaning, the purchaser of the share is investing $10.09 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 10.01%.

Moving Average

United Community Banks’s value is under its 50-day moving average of $27.55 and way below its 200-day moving average of $28.97.

Sales Growth

United Community Banks’s sales growth is 11.9% for the ongoing quarter and 9% for the next.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Sep 13, 2023, the estimated forward annual dividend rate is 0.92 and the estimated forward annual dividend yield is 3.6%.

More news about United Community Banks.

5. Bank of the James Financial Group (BOTJ) – Dividend Yield: 2.99%

Bank of the James Financial Group’s last close was $10.75, 22.72% below its 52-week high of $13.91. Intraday change was -0.37%.

Bank of the James Financial Group, Inc. operates as the bank holding company for Bank of the James that provides general retail and commercial banking services to individuals, businesses, associations and organizations, and governmental authorities in Virginia, the United States. It offers checking, savings, individual retirement, and health care saving accounts, as well as other time deposits, including money market accounts and certificates of deposit. The company also offers loans to small- and medium-sized businesses for the purchases of equipment, facilities upgrades, inventory acquisition, and various working capital purposes; commercial and residential construction and development loans; commercial real estate mortgage loans; residential mortgage loans; and secured and unsecured consumer loans, such as lines of credit and overdraft lines of credit, as well as personal, automobile, installment, demand, and home equity loans for personal, family, or household purposes. In addition, it provides other banking services, including safe deposit boxes, traveler's checks, direct deposit of payroll and social security checks, automatic drafts for various accounts, treasury management, and credit card merchant services. Further, the company offers securities brokerage and investment services; and telephone and internet banking services comprising online bill pay, as well as acts as an agent for insurance and annuity products. It operates through a network of 16 full-service offices, 2 limited-service offices, and 1 residential mortgage loan production office. The company was founded in 1998 and is headquartered in Lynchburg, Virginia.

Earnings Per Share

As for profitability, Bank of the James Financial Group has a trailing twelve months EPS of $1.97.

PE Ratio

Bank of the James Financial Group has a trailing twelve months price to earnings ratio of 5.46. Meaning, the purchaser of the share is investing $5.46 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 17.06%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 5.6%, now sitting on 44.66M for the twelve trailing months.

Volume

Today’s last reported volume for Bank of the James Financial Group is 7593 which is 40.24% above its average volume of 5414.

Moving Average

Bank of the James Financial Group’s value is above its 50-day moving average of $10.41 and below its 200-day moving average of $10.99.

Yearly Top and Bottom Value

Bank of the James Financial Group’s stock is valued at $10.75 at 20:15 EST, way below its 52-week high of $13.91 and way higher than its 52-week low of $8.12.

More news about Bank of the James Financial Group.

6. Hormel Foods (HRL) – Dividend Yield: 2.79%

Hormel Foods’s last close was $39.33, 23.71% under its 52-week high of $51.55. Intraday change was -0.08%.

Hormel Foods Corporation develops, processes, and distributes various meat, nuts, and food products to retail, foodservice, deli, and commercial customers in the United States and internationally. The company operates through four segments: Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, and International & Other. It 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, chilies, shelf-stable microwaveable meals, hashes, stews, tortillas, salsas, tortilla chips, and others. The company also engages in the processing, marketing, and sale of branded and unbranded pork, beef, poultry, and turkey products, as well as offers nutritional food products and supplements, desserts and drink mixes, and industrial gelatin products. It sells its products primarily under the SKIPPY, SPAM, Hormel, Natural Choice, Applegate, Justin's, Jennie-O, Café H, Herdez, Black Label, Sadler's, Columbus, Gatherings, Herdez, Wholly, Columbus, Planters, NUT-rition, Planters Cheez Balls, Corn Nuts, etc. brand names 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 $1.6.

PE Ratio

Hormel Foods has a trailing twelve months price to earnings ratio of 24.56. Meaning, the purchaser of the share is investing $24.56 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 12.42%.

Moving Average

Hormel Foods’s worth is below its 50-day moving average of $40.16 and under its 200-day moving average of $42.34.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Hormel Foods’s EBITDA is 67.36.

More news about Hormel Foods.

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