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Grindrod Shipping Holdings Ltd., First Trust High Income Long Short Fund, Another 7 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Grindrod Shipping Holdings Ltd. (GRIN), First Trust High Income Long Short Fund (FSD), Tekla Healthcare Investors (HQH) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Grindrod Shipping Holdings Ltd. (GRIN) 13.74% 2023-11-27 03:14:05
First Trust High Income Long Short Fund (FSD) 12.26% 2023-12-02 15:23:06
Tekla Healthcare Investors (HQH) 10.63% 2023-12-03 01:09:06
Tortoise Power and Energy Infrastructure Fund (TPZ) 9.34% 2023-12-05 11:13:06
S&T Bancorp (STBA) 4.68% 2023-11-23 19:46:05
Regency Centers Corporation (REG) 4.33% 2023-11-29 09:14:06
Capital Product Partners L.P. (CPLP) 4.26% 2023-11-19 19:44:05
MVB Financial Corp. (MVBF) 3.42% 2023-11-28 11:10:06
Caterpillar (CAT) 2.03% 2023-12-05 13:05:08

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. Grindrod Shipping Holdings Ltd. (GRIN) – Dividend Yield: 13.74%

Grindrod Shipping Holdings Ltd.’s last close was $9.97, 61.77% below its 52-week high of $26.08. Intraday change was 1.12%.

Grindrod Shipping Holdings Ltd., an international shipping company, owns, charters-in, and operates a fleet of dry bulk carriers and tankers worldwide. It operates a fleet of 23 owned dry bulk carriers and 8 long-term chartered-in dry bulk carriers that transport a range of bulk and breakbulk commodities, including ores, coal, grains, forestry products, steel products, and fertilizers. The company also operates a fleet of four owned tankers, which carry petroleum products, such as petrol, diesel, jet fuel, and naptha, as well as heavy fuel oil; and low hazard chemical products comprising liquid bulk vegetable oils. Its customers include shipping companies, trading houses, mining companies, industrial manufacturing companies, and oil companies, as well as traders of grains, steel, and forestry products. The company was founded in 1910 and is based in Singapore.

Earnings Per Share

As for profitability, Grindrod Shipping Holdings Ltd. has a trailing twelve months EPS of $0.95.

PE Ratio

Grindrod Shipping Holdings Ltd. has a trailing twelve months price to earnings ratio of 10.49. Meaning, the purchaser of the share is investing $10.49 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 5.57%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 32.5%, now sitting on 374.44M for the twelve trailing months.

Sales Growth

Grindrod Shipping Holdings Ltd.’s sales growth is negative 54.9% for the current quarter and negative 50% for the next.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Jun 7, 2023, the estimated forward annual dividend rate is 1.37 and the estimated forward annual dividend yield is 13.74%.

More news about Grindrod Shipping Holdings Ltd..

2. First Trust High Income Long Short Fund (FSD) – Dividend Yield: 12.26%

First Trust High Income Long Short Fund’s last close was $11.29, 8.21% below its 52-week high of $12.30. Intraday change was 0.22%.

First Trust High Income Long/Short Fund is a closed-ended fixed-income mutual fund launched and managed by First Trust Advisors, L.P. It is co-managed by MacKay Shields LLC. The fund invests in fixed-income markets across the globe. It primarily invests in high-yield corporate fixed-income securities of varying maturities that are rated below-investment grade, including corporate bonds, debentures, notes, and commercial papers. The fund employs fundamental analysis and a long/short strategy, with a focus on such factors as type, size, and cost of a security, financial statements of the issuer, credit quality and cash flow of the issuer, and evaluation of the forces which influence the market to create its portfolio. It benchmarks the performance of its portfolio against the Bank of America Merill Lynch U.S. High Yield Master II Constrained Index. First Trust High Income Long/Short Fund was formed on June 18, 2010 and is domiciled in the United States.

Earnings Per Share

As for profitability, First Trust High Income Long Short Fund has a trailing twelve months EPS of $-0.09.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, First Trust High Income Long Short Fund’s stock is considered to be overbought (>=80).

Yearly Top and Bottom Value

First Trust High Income Long Short Fund’s stock is valued at $11.29 at 11:15 EST, below its 52-week high of $12.30 and way above its 52-week low of $10.20.

Volatility

First Trust High Income Long Short Fund’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.09%, a positive 0.13%, and a positive 0.57%.

First Trust High Income Long Short Fund’s highest amplitude of average volatility was 0.62% (last week), 0.54% (last month), and 0.57% (last quarter).

Moving Average

First Trust High Income Long Short Fund’s worth is above its 50-day moving average of $10.75 and higher than its 200-day moving average of $11.11.

More news about First Trust High Income Long Short Fund.

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

Tekla Healthcare Investors’s last close was $15.05, 23.25% under 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%.

Moving Average

Tekla Healthcare Investors’s worth is under its 50-day moving average of $15.17 and under its 200-day moving average of $16.69.

Revenue Growth

Year-on-year quarterly revenue growth grew by 42.3%, now sitting on 9.94M for the twelve trailing months.

More news about Tekla Healthcare Investors.

4. Tortoise Power and Energy Infrastructure Fund (TPZ) – Dividend Yield: 9.34%

Tortoise Power and Energy Infrastructure Fund’s last close was $13.73, 1.86% below its 52-week high of $13.99. Intraday change was -0.51%.

Tortoise Power and Energy Infrastructure Fund, Inc. is a closed-ended balanced mutual fund launched and managed by Tortoise Capital Advisors, LLC. The fund invests in the fixed income and public equity markets of the United States. It invests in securities of companies operating in the power and energy infrastructure sectors. The fund employs a fundamental analysis with a bottom up stock picking approach with focus on factors like comparison of quantitative, qualitative, and relative value factors to create its portfolio. It was formerly known as Tortoise Power and Energy Income Company. Tortoise Power and Energy Infrastructure Fund, Inc. was formed on July 5, 2007 and is domiciled in the United States.

Earnings Per Share

As for profitability, Tortoise Power and Energy Infrastructure Fund has a trailing twelve months EPS of $-0.13.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Tortoise Power and Energy Infrastructure Fund’s stock is considered to be oversold (<=20).

More news about Tortoise Power and Energy Infrastructure Fund.

5. S&T Bancorp (STBA) – Dividend Yield: 4.68%

S&T Bancorp’s last close was $28.22, 26.57% below its 52-week high of $38.43. Intraday change was 0.39%.

S&T Bancorp, Inc. operates as the bank holding company for S&T Bank that provides retail and commercial banking products and services. The company operates through six segments: Commercial Real Estate, Commercial and Industrial, Business banking, Commercial Construction, Consumer Real Estate, and Other Consumer. The company accepts time and demand deposits; and offers commercial and consumer loans, cash management services, and brokerage and trust services, as well as acts as guardian and custodian of employee benefits. It also manages private investment accounts for individuals and institutions. In addition, the company distributes life insurance and long-term disability income insurance products, as well as offers title insurance agency services to commercial customers. As of December 31, 2020, it operated 76 banking branches and 5 loan production offices located in Western Pennsylvania, Eastern Pennsylvania, Northeast Ohio, Central Ohio, and Upstate New York. S&T Bancorp, Inc. was founded in 1902 and is headquartered in Indiana, Pennsylvania.

Earnings Per Share

As for profitability, S&T Bancorp has a trailing twelve months EPS of $3.81.

PE Ratio

S&T Bancorp has a trailing twelve months price to earnings ratio of 7.41. Meaning, the purchaser of the share is investing $7.41 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 12.45%.

Volume

Today’s last reported volume for S&T Bancorp is 63366 which is 51.76% below its average volume of 131376.

Sales Growth

S&T Bancorp’s sales growth is negative 4.7% for the present quarter and negative 6.7% for the next.

Moving Average

S&T Bancorp’s worth is higher than its 50-day moving average of $27.12 and below its 200-day moving average of $29.50.

More news about S&T Bancorp.

6. Regency Centers Corporation (REG) – Dividend Yield: 4.33%

Regency Centers Corporation’s last close was $61.85, 9.79% under its 52-week high of $68.56. Intraday change was 0.15%.

Regency Centers is the preeminent national owner, operator, and developer of shopping centers located in affluent and densely populated trade areas. Our portfolio includes thriving properties merchandised with highly productive grocers, restaurants, service providers, and best-in-class retailers that connect to their neighborhoods, communities, and customers. Operating as a fully integrated real estate company, Regency Centers is a qualified real estate investment trust (REIT) that is self-administered, self-managed, and an S&P 500 Index member.

Earnings Per Share

As for profitability, Regency Centers Corporation has a trailing twelve months EPS of $2.12.

PE Ratio

Regency Centers Corporation has a trailing twelve months price to earnings ratio of 29.17. Meaning, the purchaser of the share is investing $29.17 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 5.59%.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Dec 12, 2023, the estimated forward annual dividend rate is 2.68 and the estimated forward annual dividend yield is 4.33%.

Volume

Today’s last reported volume for Regency Centers Corporation is 665392 which is 30.8% below its average volume of 961663.

More news about Regency Centers Corporation.

7. Capital Product Partners L.P. (CPLP) – Dividend Yield: 4.26%

Capital Product Partners L.P.’s last close was $14.10, 12.42% below its 52-week high of $16.10. Intraday change was 1.81%.

Capital Product Partners L.P., a shipping company, provides marine transportation services in Greece. Its vessels transports a range of dry cargoes and containerized goods under short-term voyage charters, and medium to long-term time and bareboat charters. As of April 26, 2021, the company owned 17 vessels, including thirteen Neo-Panamax container vessels, three Panamax container vessels, and one Capesize bulk carrier. Capital GP L.L.C. serves as the general partner of the company. The company was incorporated in 2007 and is headquartered in Piraeus, Greece.

Earnings Per Share

As for profitability, Capital Product Partners L.P. has a trailing twelve months EPS of $2.71.

PE Ratio

Capital Product Partners L.P. has a trailing twelve months price to earnings ratio of 5.2. Meaning, the purchaser of the share is investing $5.2 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 8.7%.

Moving Average

Capital Product Partners L.P.’s value is higher than its 50-day moving average of $13.90 and higher than its 200-day moving average of $13.85.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Nov 2, 2023, the estimated forward annual dividend rate is 0.6 and the estimated forward annual dividend yield is 4.26%.

More news about Capital Product Partners L.P..

8. MVB Financial Corp. (MVBF) – Dividend Yield: 3.42%

MVB Financial Corp.’s last close was $19.91, 27.57% under its 52-week high of $27.49. Intraday change was 0%.

MVB Financial Corp., through its subsidiaries, provides financial services to individuals and corporate clients. The company operates through five segments: CoRe Banking, Mortgage Banking, Professional Services, Edge Ventures, and The Financial Holding Company. It offers various demand deposit accounts, savings accounts, money market accounts, and certificates of deposit; and commercial, consumer, and real estate mortgage loans, as well as lines of credit. The company also provides debit cards; cashier's checks; safe deposit rental facilities; and non-deposit investment services, as well as financial technology (Fintech) banking services. In addition, it offers title insurance; and integrated regulatory compliance, state licensing, financial crimes prevention, and enterprise risk management services that include consulting, outsourcing, testing, and training solutions. Further, the company offers a customizable suite of fraud prevention services for merchants, credit agencies, Fintech companies, and other vendors; and consulting for the development of online and mobile banking platforms, and digital products for Fintech companies, as well as develops software. It operates full-service branches in West Virginia and Virginia. MVB Financial Corp. was founded in 1997 and is based in Fairmont, West Virginia.

Earnings Per Share

As for profitability, MVB Financial Corp. has a trailing twelve months EPS of $1.78.

PE Ratio

MVB Financial Corp. has a trailing twelve months price to earnings ratio of 11.19. Meaning, the purchaser of the share is investing $11.19 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 8.79%.

Yearly Top and Bottom Value

MVB Financial Corp.’s stock is valued at $19.91 at 11:15 EST, way below its 52-week high of $27.49 and way higher than its 52-week low of $16.26.

Revenue Growth

Year-on-year quarterly revenue growth grew by 18.6%, now sitting on 152.19M for the twelve trailing months.

Moving Average

MVB Financial Corp.’s worth is under its 50-day moving average of $21.05 and below its 200-day moving average of $21.58.

Sales Growth

MVB Financial Corp.’s sales growth is negative 4.6% for the current quarter and negative 8.1% for the next.

More news about MVB Financial Corp..

9. Caterpillar (CAT) – Dividend Yield: 2.03%

Caterpillar’s last close was $255.19, 13.17% under its 52-week high of $293.88. Intraday change was 0.42%.

Caterpillar Inc. manufactures and sells construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives in the United States and internationally. Its Construction Industries segment offers asphalt pavers, compactors, road reclaimers, forestry machines, cold planers, material handlers, tractors, excavators, telehandlers, motor graders, and pipelayers; compact track and multi-terrain, wheel, track-type, backhoe, and skid steer loaders; and related parts and tools. The company's Resource Industries segment provides electric rope and hydraulic shovels, draglines, rotary drills, hard rock vehicles, tractors, mining trucks, longwall miners, wheel loaders, off-highway and articulated trucks, wheel tractor scrapers and dozers, fleet management products, landfill and soil compactors, machinery components, autonomous ready vehicles and solutions, work tools, and safety services and mining performance solutions, as well as related parts and services. Its Energy & Transportation segment offers reciprocating engine powered generator sets; reciprocating engines, drivetrain, and integrated systems and solutions; turbines, centrifugal gas compressors, and related services; and diesel-electric locomotives and components, and other rail-related products. The company's Financial Products segment provides operating and finance leases, installment sale contracts, repair/rebuild financing services, working capital loans, and wholesale financing; and insurance and risk management products and services. Its All Other operating segment offers filters and fluids, undercarriage, ground engaging tools, fluid transfer products, precision seals, and rubber sealing and connecting components; parts distribution; integrated logistics solutions and distribution services; brand management and marketing strategy services; and digital investments services. Caterpillar Inc. was founded in 1925 and is headquartered in Irving, Texas.

Earnings Per Share

As for profitability, Caterpillar has a trailing twelve months EPS of $17.63.

PE Ratio

Caterpillar has a trailing twelve months price to earnings ratio of 14.51. Meaning, the purchaser of the share is investing $14.51 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 50.45%.

More news about Caterpillar.

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