Grindrod Shipping Holdings Ltd., Nuveen Global High Income Fund, Another 4 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Grindrod Shipping Holdings Ltd. (GRIN), Nuveen Global High Income Fund (JGH), Pangaea Logistics Solutions Ltd. (PANL) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Grindrod Shipping Holdings Ltd. (GRIN) 18.24% 2023-11-09 10:17:05
Nuveen Global High Income Fund (JGH) 11.93% 2023-11-15 15:12:11
Pangaea Logistics Solutions Ltd. (PANL) 6.57% 2023-11-04 20:23:05
Pixelworks (PXLW) 6.04% 2023-11-05 04:43:05
Clorox Company (CLX) 4.07% 2023-11-16 12:19:07
DTE Energy Company (DTE) 3.93% 2023-11-16 12:19:43

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. Grindrod Shipping Holdings Ltd. (GRIN) – Dividend Yield: 18.24%

Grindrod Shipping Holdings Ltd.’s last close was $7.51, 71.2% below its 52-week high of $26.08. Intraday change was 1.73%.

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 8.04. Meaning, the purchaser of the share is investing $8.04 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%.

Yearly Top and Bottom Value

Grindrod Shipping Holdings Ltd.’s stock is valued at $7.64 at 01:15 EST, way under its 52-week high of $26.08 and way higher than its 52-week low of $6.80.

Moving Average

Grindrod Shipping Holdings Ltd.’s worth is way under its 50-day moving average of $9.18 and way below its 200-day moving average of $10.30.

Volume

Today’s last reported volume for Grindrod Shipping Holdings Ltd. is 6131 which is 83.62% below its average volume of 37450.

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2. Nuveen Global High Income Fund (JGH) – Dividend Yield: 11.93%

Nuveen Global High Income Fund’s last close was $11.19, 11.89% below its 52-week high of $12.70. Intraday change was 0.27%.

Nuveen Global High 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 fixed income markets across the globe. The fund primarily invests in U.S. high-yield bonds, non-U.S. high-yield bonds from developed and emerging markets, corporate debt securities, U.S. and foreign government debt securities, mortgage and asset-backed securities, preferred securities, secured and unsecured loans, and convertible debt securities. It seeks to invest in below investment grade securities rated BB/Ba or lower. The fund uses a diversified global high-income strategy, which blends high-yield bonds and other income producing securities from around the world, and across the capital structure and credit spectrum, to create its portfolio. It benchmarks the performance of its portfolio against the Barclays Global High Yield Index. Nuveen Global High Income Fund was formed on August 5, 2014 and is domiciled in the United States.

Earnings Per Share

As for profitability, Nuveen Global High Income Fund has a trailing twelve months EPS of $1.37.

PE Ratio

Nuveen Global High Income Fund has a trailing twelve months price to earnings ratio of 8.19. Meaning, the purchaser of the share is investing $8.19 for every dollar of annual earnings.

Moving Average

Nuveen Global High Income Fund’s worth is above its 50-day moving average of $11.09 and under its 200-day moving average of $11.27.

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3. Pangaea Logistics Solutions Ltd. (PANL) – Dividend Yield: 6.57%

Pangaea Logistics Solutions Ltd.’s last close was $6.09, 15.88% below its 52-week high of $7.24. Intraday change was 0.5%.

Pangaea Logistics Solutions, Ltd., together with its subsidiaries, provides seaborne dry bulk logistics and transportation services to industrial customers worldwide. The company offers various dry bulk cargoes, such as grains, coal, iron ore, pig iron, hot briquetted iron, bauxite, alumina, cement clinker, dolomite, and limestone. Its ocean logistics services comprise cargo loading, cargo discharge, vessel chartering, voyage planning, and technical vessel management. As of March 16, 2022, the company owned and operated a fleet of 25 vessels. Pangaea Logistics Solutions, Ltd. was founded in 1996 and is based in Newport, Rhode Island.

Earnings Per Share

As for profitability, Pangaea Logistics Solutions Ltd. has a trailing twelve months EPS of $0.9.

PE Ratio

Pangaea Logistics Solutions Ltd. has a trailing twelve months price to earnings ratio of 6.77. Meaning, the purchaser of the share is investing $6.77 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 11.89%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Pangaea Logistics Solutions Ltd.’s EBITDA is 33.91.

Moving Average

Pangaea Logistics Solutions Ltd.’s worth is higher than its 50-day moving average of $5.80 and below its 200-day moving average of $6.15.

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4. Pixelworks (PXLW) – Dividend Yield: 6.04%

Pixelworks’s last close was $1.30, 43.97% under its 52-week high of $2.32. Intraday change was 4%.

Pixelworks, Inc., together with its subsidiaries, develops and markets semiconductor and software solutions for mobile, home entertainment, content, and business and education markets. The company provides video display processor products, including image processor integrated circuits, such as embedded microprocessors, digital signal processing technology, and software that control the operations and signal processing within high-end display systems; video co-processor integrated circuits that work with an image processor to post-process video signals to enhance the performance or feature set of the overall video solution; and transcoder integrated circuits, which comprise embedded microprocessors, digital signal processing technology, and software that control the operations and signal processing for converting bitrates, resolutions, and codecs. As of March 31, 2022, it had an intellectual property portfolio of 334 patents related to the visual display of digital image data. The company sells its through a direct sales force, distributors, and manufacturers' representatives in Japan, China, Taiwan, the United States, Europe, and Korea. Pixelworks, Inc. was incorporated in 1997 and is based in Portland, Oregon.

Earnings Per Share

As for profitability, Pixelworks has a trailing twelve months EPS of $-0.4.

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 -31.74%.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is a negative 83.3% and a negative 500%, respectively.

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5. Clorox Company (CLX) – Dividend Yield: 4.07%

Clorox Company’s last close was $138.01, 22.56% under its 52-week high of $178.21. Intraday change was 0.91%.

The Clorox Company manufactures and markets consumer and professional products worldwide. It operates through four segments: Health and Wellness, Household, Lifestyle, and International. The Health and Wellness segment offers cleaning products, such as laundry additives and home care products primarily under the Clorox, Clorox2, Scentiva, Pine-Sol, Liquid-Plumr, Tilex, and Formula 409 brands; professional cleaning and disinfecting products under the CloroxPro and Clorox Healthcare brands; professional food service products under the Hidden Valley brand; and vitamins, minerals and supplement products under the RenewLife, Natural Vitality, NeoCell, and Rainbow Light brands in the United States. The Household segment provides cat litter products under the Fresh Step and Scoop Away brands; bags and wraps under the Glad brand; and grilling products under the Kingsford brand in the United States. The Lifestyle segment offers dressings, dips, seasonings, and sauces primarily under the Hidden Valley brand; natural personal care products under the Burt's Bees brand; and water-filtration products under the Brita brand in the United States. The International segment provides laundry additives; home care products; water-filtration systems; digestive health products; grilling products; cat litter products; food products; bags and wraps; natural personal care products; and professional cleaning and disinfecting products internationally primarily under the Clorox, Ayudin, Clorinda, Poett, Pine-Sol, Glad, Brita, RenewLife, Ever Clean and Burt's Bees brands. It sells its products primarily through mass retailers; grocery outlets; warehouse clubs; dollar stores; home hardware centers; drug, pet, and military stores; third-party and owned e-commerce channels; and distributors, as well as a direct sales force The Clorox Company was founded in 1913 and is headquartered in Oakland, California.

Earnings Per Share

As for profitability, Clorox Company has a trailing twelve months EPS of $0.69.

PE Ratio

Clorox Company has a trailing twelve months price to earnings ratio of 201.83. Meaning, the purchaser of the share is investing $201.83 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 28.83%.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Oct 23, 2023, the estimated forward annual dividend rate is 4.8 and the estimated forward annual dividend yield is 4.07%.

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6. DTE Energy Company (DTE) – Dividend Yield: 3.93%

DTE Energy Company’s last close was $102.07, 16.62% under its 52-week high of $122.41. Intraday change was 0.84%.

DTE Energy Company engages in the utility operations. The company's Electric segment generates, purchases, distributes, and sells electricity to approximately 2.3 million residential, commercial, and industrial customers in southeastern Michigan. It generates electricity through fossil-fuel, hydroelectric pumped storage, and nuclear plants, as well as wind and solar assets. This segment owns and operates approximately 697 distribution substations and approximately 451,900 line transformers. The company's Gas segment purchases, stores, transports, distributes, and sells natural gas to approximately 1.3 million residential, commercial, and industrial customers throughout Michigan; and sells storage and transportation capacity. This segment has approximately 21,000 miles of distribution mains; 1,352,000 service pipelines; and 1,316,000 active meters, as well as owns approximately 2,000 miles of transmission pipelines. Its DTE Vantage segment offers metallurgical and petroleum coke to steel and other industries; and power, steam and chilled water production, and wastewater treatment services, as well as supplies compressed air to industrial customers. Its Energy Trading segment engages in power, natural gas, and environmental marketing and trading; structured transactions; and the optimization of contracted natural gas pipeline transportation and storage positions. The company was founded in 1903 and is based in Detroit, Michigan.

Earnings Per Share

As for profitability, DTE Energy Company has a trailing twelve months EPS of $6.05.

PE Ratio

DTE Energy Company has a trailing twelve months price to earnings ratio of 17.01. Meaning, the purchaser of the share is investing $17.01 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 13.62%.

Volume

Today’s last reported volume for DTE Energy Company is 483143 which is 66.93% below its average volume of 1461040.

Sales Growth

DTE Energy Company’s sales growth is 14.3% for the current quarter and 46.5% for the next.

Stock Price Classification

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

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