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Gabelli Equity Trust, Tekla Healthcare Investors, Another 4 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Gabelli Equity Trust (GAB), Tekla Healthcare Investors (HQH), Flaherty & Crumrine Total Return Fund (FLC) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Gabelli Equity Trust (GAB) 11.7% 2023-12-02 16:23:06
Tekla Healthcare Investors (HQH) 10.63% 2023-12-03 01:09:06
Flaherty & Crumrine Total Return Fund (FLC) 7.57% 2023-12-02 13:41:06
Comerica Incorporated (CMA) 6.28% 2023-12-01 21:07:10
Equity Residential (EQR) 4.53% 2023-12-04 15:54:58
CNO Financial Group (CNO) 2.26% 2023-12-01 21:15:06

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. Gabelli Equity Trust (GAB) – Dividend Yield: 11.7%

Gabelli Equity Trust’s last close was $5.13, 16.18% under its 52-week high of $6.12. Intraday change was 0.59%.

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 4.62. Meaning, the purchaser of the share is investing $4.62 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%.

More news about Gabelli Equity Trust.

2. Tekla Healthcare Investors (HQH) – Dividend Yield: 10.63%

Tekla Healthcare Investors’s last close was $15.05, 23.25% below its 52-week high of $19.61. Intraday change was 0.94%.

Tekla Healthcare 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 healthcare sector, including the biotechnology, medical devices, and pharmaceuticals industries. The fund primarily invests in growth stocks of small cap companies. It employs fundamental analysis with a focus on factors such as current or anticipated market position for services or products, experienced business management, recognized 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 Biotechnology Index, the S&P 500 Index, and the S&P 1500 Healthcare Index. It was previously known as H&Q Healthcare Investors. Tekla Healthcare Investors was formed on October 31, 1986 and is domiciled in the United States.

Earnings Per Share

As for profitability, Tekla Healthcare Investors has a trailing twelve months EPS of $-0.04.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 0.4%.

Volatility

Tekla Healthcare Investors’s last week, last month’s, and last quarter’s current intraday variation average was a positive 1.02%, a negative 0.26%, and a positive 0.98%.

Tekla Healthcare Investors’s highest amplitude of average volatility was 1.02% (last week), 1.19% (last month), and 0.98% (last quarter).

More news about Tekla Healthcare Investors.

3. Flaherty & Crumrine Total Return Fund (FLC) – Dividend Yield: 7.57%

Flaherty & Crumrine Total Return Fund’s last close was $14.45, 20.03% below its 52-week high of $18.07. Intraday change was 1.62%.

Flaherty & Crumrine Total Return Fund Inc. is a closed-ended balanced mutual fund launched and managed by Flaherty & Crumrine Incorporated. The fund invests in the public equity and fixed income markets of the United States. It seeks to invest in stocks of companies operating across utilities and banking sectors. The fund primarily invests in investment-grade securities consisting of preferred securities and other income-producing securities comprising of various debt securities. It benchmarks the performance of its portfolio against the Barclays Capital U.S. Aggregate Index and the S&P 500 Index. The fund was formerly known as Flaherty & Crumrine/Claymore Total Return Fund, Inc. Flaherty & Crumrine Total Return Fund Inc. was formed on August 26, 2003 and is domiciled in the United States.

Earnings Per Share

As for profitability, Flaherty & Crumrine Total Return Fund has a trailing twelve months EPS of $-1.87.

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 -10.77%.

Volume

Today’s last reported volume for Flaherty & Crumrine Total Return Fund is 46776 which is 44.83% above its average volume of 32295.

More news about Flaherty & Crumrine Total Return Fund.

4. Comerica Incorporated (CMA) – Dividend Yield: 6.28%

Comerica Incorporated’s last close was $48.20, 37.68% below its 52-week high of $77.34. Intraday change was 6.59%.

Comerica Incorporated, through its subsidiaries, provides various financial products and services. It operates through Commercial Bank, Retail Bank, Wealth Management, and Finance segments. The Commercial Bank segment offers various products and services, including commercial loans and lines of credit, deposits, cash management, capital market products, international trade finance, letters of credit, foreign exchange management services, and loan syndication services for small and middle market businesses, multinational corporations, and governmental entities. The Retail Bank segment provides personal financial services, such as consumer lending, consumer deposit gathering, and mortgage loan origination. This segment also offers various consumer products that include deposit accounts, installment loans, credit cards, student loans, home equity lines of credit, and residential mortgage loans, as well as commercial products and services to micro-businesses. The Wealth Management segment provides products and services comprising fiduciary, private banking, retirement, investment management and advisory, and investment banking and brokerage services. It also sells annuity products, as well as life, disability, and long-term care insurance products. The Finance segment engages in the securities portfolio, and asset and liability management activities. It operates in Texas, California, Michigan, Arizona, Florida, and Canada. The company was formerly known as DETROITBANK Corporation and changed its name to Comerica Incorporated in July 1982. Comerica Incorporated was founded in 1849 and is headquartered in Dallas, Texas.

Earnings Per Share

As for profitability, Comerica Incorporated has a trailing twelve months EPS of $8.83.

PE Ratio

Comerica Incorporated 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 23.86%.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Dec 13, 2023, the estimated forward annual dividend rate is 2.84 and the estimated forward annual dividend yield is 6.28%.

Moving Average

Comerica Incorporated’s worth is way higher than its 50-day moving average of $41.57 and higher than its 200-day moving average of $45.59.

Yearly Top and Bottom Value

Comerica Incorporated’s stock is valued at $48.20 at 11:15 EST, way under its 52-week high of $77.34 and way higher than its 52-week low of $28.40.

Sales Growth

Comerica Incorporated’s sales growth is negative 16.4% for the present quarter and negative 12.7% for the next.

More news about Comerica Incorporated.

5. Equity Residential (EQR) – Dividend Yield: 4.53%

Equity Residential’s last close was $58.69, 15.49% under its 52-week high of $69.45. Intraday change was 0.4%.

Equity Residential is committed to creating communities where people thrive. The Company, a member of the S&P 500, is focused on the acquisition, development and management of residential properties located in and around dynamic cities that attract affluent long-term renters. Equity Residential owns or has investments in 305 properties consisting of 80,683 apartment units, with an established presence in Boston, New York, Washington, D.C., Seattle, San Francisco and Southern California, and an expanding presence in Denver, Atlanta, Dallas/Ft. Worth and Austin.

Earnings Per Share

As for profitability, Equity Residential has a trailing twelve months EPS of $1.74.

PE Ratio

Equity Residential has a trailing twelve months price to earnings ratio of 33.78. Meaning, the purchaser of the share is investing $33.78 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 6.14%.

Yearly Top and Bottom Value

Equity Residential’s stock is valued at $58.78 at 11:15 EST, way below its 52-week high of $69.45 and way above its 52-week low of $52.57.

More news about Equity Residential.

6. CNO Financial Group (CNO) – Dividend Yield: 2.26%

CNO Financial Group’s last close was $26.87, 0.44% below its 52-week high of $26.99. Intraday change was 1.4%.

CNO Financial Group, Inc., through its subsidiaries, develops, markets, and administers health insurance, annuity, individual life insurance, and other insurance products for senior and middle-income markets in the United States. It offers Medicare supplement, supplemental health, and long-term care insurance policies; life insurance; and annuities, as well as Medicare advantage plans to individuals through phone, online, mail, and face-to-face. The company also focuses on worksite and group sales for businesses, associations, and other membership groups by interacting with customers at their place of employment. In addition, it provides fixed index annuities; fixed interest annuities, including fixed rate single and flexible premium deferred annuities; single premium immediate annuities; supplemental health products, such as specified disease, accident, and hospital indemnity products; and long-term care plans primarily to retirees and older self-employed individuals in the middle-income market. Further, the company offers universal life and other interest-sensitive life products; and traditional life policies that include whole life, graded benefit life, term life, and single premium whole life products, as well as graded benefit life insurance products. CNO Financial Group, Inc. markets its products under the Bankers Life, Washington National, and Colonial Penn brand names. The company sells its products through agents, independent producers, and direct marketing. CNO Financial Group, Inc. was founded in 1979 and is headquartered in Carmel, Indiana.

Earnings Per Share

As for profitability, CNO Financial Group has a trailing twelve months EPS of $0.43.

PE Ratio

CNO Financial Group has a trailing twelve months price to earnings ratio of 62.49. Meaning, the purchaser of the share is investing $62.49 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 2.79%.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Dec 6, 2023, the estimated forward annual dividend rate is 0.6 and the estimated forward annual dividend yield is 2.26%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

CNO Financial Group’s EBITDA is 1.69.

Revenue Growth

Year-on-year quarterly revenue growth grew by 4.7%, now sitting on 3.95B for the twelve trailing months.

More news about CNO Financial Group.

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