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Gladstone Commercial Corporation, Dime Community Bancshares, Another 3 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Gladstone Commercial Corporation (GOODN), Dime Community Bancshares (DCOMP), Invesco Value Municipal Income Trust (IIM) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Gladstone Commercial Corporation (GOODN) 7.19% 2023-04-03 13:44:18
Dime Community Bancshares (DCOMP) 6.5% 2023-03-21 23:23:17
Invesco Value Municipal Income Trust (IIM) 4.96% 2023-03-29 03:11:06
Nuveen Pennsylvania Investment Quality Municipal Fund (NQP) 3.08% 2023-03-30 05:13:07
Otter Tail Corporation (OTTR) 2.53% 2023-03-18 11:15:07

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. Gladstone Commercial Corporation (GOODN) – Dividend Yield: 7.19%

Gladstone Commercial Corporation’s last close was $19.98, 23.15% below its 52-week high of $26.00. Intraday change was 0.1%.

Gladstone Commercial Corporation is a real estate investment trust focused on acquiring, owning, and operating net leased industrial and office properties across the United States. Including payments through September 2020, Gladstone Commercial has paid 189 consecutive monthly cash distributions on its common stock. Prior to paying distributions on a monthly basis, Gladstone Commercial paid five consecutive quarterly cash distributions. The company has also paid 53 consecutive monthly cash distributions on its Series D Preferred Stock, 12 consecutive monthly cash distributions on its Series E Preferred Stock and three consecutive monthly cash distributions on its Series F Preferred Stock. Gladstone Commercial has never skipped, reduced or deferred a distribution since its inception in 2003.

Earnings Per Share

As for profitability, Gladstone Commercial Corporation has a trailing twelve months EPS of $0.03.

PE Ratio

Gladstone Commercial Corporation has a trailing twelve months price to earnings ratio of 689.66. Meaning, the purchaser of the share is investing $689.66 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 2.77%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 16%, now sitting on 147.07M for the twelve trailing months.

More news about Gladstone Commercial Corporation.

2. Dime Community Bancshares (DCOMP) – Dividend Yield: 6.5%

Dime Community Bancshares’s last close was $16.29, 32.43% below its 52-week high of $24.11. Intraday change was 0.86%.

Dime Community Bancshares, Inc. operates as the holding company for Dime Community Bank that provides commercial banking and financial services in New York. It offers deposit products, such as savings, money market, and NOW accounts, as well as certificates of deposit, demand deposits, and other time deposits. The company also offers residential and commercial real estate mortgages loans; commercial, industrial, and agricultural loans; multi-family mortgages; home equity loans; real estate construction and land loans; and installment and consumer loans. As of February 1, 2021, it had approximately 60 branches in New York. The company was founded in 1909 and is headquartered in Hauppauge, New York.

Earnings Per Share

As for profitability, Dime Community Bancshares has a trailing twelve months EPS of $1.86.

PE Ratio

Dime Community Bancshares has a trailing twelve months price to earnings ratio of 8.76. Meaning, the purchaser of the share is investing $8.76 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 12.89%.

More news about Dime Community Bancshares.

3. Invesco Value Municipal Income Trust (IIM) – Dividend Yield: 4.96%

Invesco Value Municipal Income Trust’s last close was $11.76, 17.42% under its 52-week high of $14.24. Intraday change was 0.26%.

Invesco Value Municipal Income Trust is a closed-ended fixed income mutual fund launched by Invesco Ltd. The fund is co-managed by Invesco Advisers, Inc., INVESCO Asset Management (Japan) Limited, INVESCO Asset Management Deutschland GmbH, INVESCO Asset Management Limited, Invesco Canada Ltd., Invesco Hong Kong Limited, and INVESCO Senior Secured Management, Inc. It invests in the fixed income markets of the United States. The fund primarily invests in investment grade municipal securities which include municipal bonds, municipal notes, municipal commercial paper, and lease obligations. It employs fundamental analysis with bottom-up security selection approach to create its portfolio. The fund was previously known as Invesco Insured Municipal Income Trust. Invesco Value Municipal Income Trust was formed on February 26, 1993 and is domiciled in the United States.

Earnings Per Share

As for profitability, Invesco Value Municipal Income Trust has a trailing twelve months EPS of $-2.54.

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 -16.76%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 3.2%, now sitting on 46.02M for the twelve trailing months.

Volume

Today’s last reported volume for Invesco Value Municipal Income Trust is 104362 which is 18.02% below its average volume of 127305.

Moving Average

Invesco Value Municipal Income Trust’s worth is below its 50-day moving average of $12.27 and below its 200-day moving average of $12.39.

More news about Invesco Value Municipal Income Trust.

4. Nuveen Pennsylvania Investment Quality Municipal Fund (NQP) – Dividend Yield: 3.08%

Nuveen Pennsylvania Investment Quality Municipal Fund’s last close was $11.29, 18.25% under its 52-week high of $13.81. Intraday change was 0%.

Nuveen Pennsylvania Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of Pennsylvania. The fund invests in tax exempt municipal bonds, with a rating of Baa/BBB or higher. It employs fundamental analysis, with bottom-up stock picking approach, to create its portfolio. The fund benchmarks the performance of its portfolio against the Standard & Poor's Pennsylvania Municipal Bond Index and Standard & Poor's National Municipal Bond Index. The fund was formerly known a Nuveen Pennsylvania Investment Quality Municipal Fund. Nuveen Pennsylvania Quality Municipal Income Fund was formed on December 20, 1990 and is domiciled in the United States.

Earnings Per Share

As for profitability, Nuveen Pennsylvania Investment Quality Municipal Fund has a trailing twelve months EPS of $-1.99.

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 -13.41%.

More news about Nuveen Pennsylvania Investment Quality Municipal Fund.

5. Otter Tail Corporation (OTTR) – Dividend Yield: 2.53%

Otter Tail Corporation’s last close was $69.91, 15.22% under its 52-week high of $82.46. Intraday change was -0.17%.

Otter Tail Corporation, together with its subsidiaries, engages in electric utility, manufacturing, and plastic pipe businesses in the United States. The company's Electric segment produces, transmits, distributes, and sells electric energy in Minnesota, North Dakota, and South Dakota; and operates as a participant in the Midcontinent Independent System Operator, Inc. markets. This segment generates electricity through coal, wind and hydro, and natural gas. It serves approximately 133,000 residential, industrial, and other commercial customers. Its Manufacturing segment engages in the contract machining, metal parts stamping, fabrication and painting, and production of plastic thermoformed horticultural containers, life science and industrial packaging, and material handling components, and extruded raw material stock for recreational vehicle, agricultural, construction, lawn and garden, and industrial and energy equipment industries. It also manufactures clamshell packing, blister packs, returnable pallets, and handling trays for shipping and storing odd-shaped or difficult-to-handle parts for customers in the horticulture, medical and life sciences, industrial, recreation, and electronics industries. The company's Plastics segment manufactures polyvinyl chloride pipes for municipal water, rural water, wastewater, storm drainage and water reclamation system, and other uses. This segment markets its products to wholesalers and distributors through independent sales representatives, company salespersons, and customer service representatives. The company was formerly known as Otter Tail Power Company and changed its name to Otter Tail Corporation in 2001. Otter Tail Corporation was founded in 1907 and is headquartered in Fergus Falls, Minnesota.

Earnings Per Share

As for profitability, Otter Tail Corporation has a trailing twelve months EPS of $6.87.

PE Ratio

Otter Tail Corporation has a trailing twelve months price to earnings ratio of 10.18. Meaning, the purchaser of the share is investing $10.18 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 25.74%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 9.5%, now sitting on 1.46B for the twelve trailing months.

Yearly Top and Bottom Value

Otter Tail Corporation’s stock is valued at $69.91 at 20:15 EST, way below its 52-week high of $82.46 and way higher than its 52-week low of $52.60.

More news about Otter Tail Corporation.

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