Grindrod Shipping Holdings Ltd., OceanFirst Financial Corp., Another 5 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Grindrod Shipping Holdings Ltd. (GRIN), OceanFirst Financial Corp. (OCFCP), First Trust Enhanced Equity Income Fund (FFA) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Grindrod Shipping Holdings Ltd. (GRIN) 15.62% 2023-10-22 11:08:05
OceanFirst Financial Corp. (OCFCP) 7.45% 2023-10-23 23:23:06
First Trust Enhanced Equity Income Fund (FFA) 7.41% 2023-10-10 01:10:05
Glen Burnie Bancorp (GLBZ) 6.42% 2023-10-16 03:49:05
ChipMOS TECHNOLOGIES (IMOS) 6.3% 2023-10-16 16:41:06
ManpowerGroup (MAN) 4.03% 2023-10-11 05:23:05
Goldman Sachs Group (GS) 3.64% 2023-10-24 12:20:56

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: 15.62%

Grindrod Shipping Holdings Ltd.’s last close was $8.80, 66.53% below its 52-week high of $26.29. Intraday change was -5.98%.

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 9.26. Meaning, the purchaser of the share is investing $9.26 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.

Yearly Top and Bottom Value

Grindrod Shipping Holdings Ltd.’s stock is valued at $8.80 at 17:15 EST, way under its 52-week high of $26.29 and way above its 52-week low of $6.80.

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2. OceanFirst Financial Corp. (OCFCP) – Dividend Yield: 7.45%

OceanFirst Financial Corp.’s last close was $23.50, 10.31% below its 52-week high of $26.20. Intraday change was -1.28%.

OceanFirst Financial Corp. operates as the bank holding company for OceanFirst Bank N.A. that provides community banking services. It accepts money market accounts, savings accounts, interest-bearing checking accounts, non-interest-bearing demand deposits, and time deposits to retail, government, and business customers. The company also offers commercial real estate, multi-family, land loans, construction, fixed-rate and adjustable-rate mortgage loans that are secured by one-to-four family residences; and consumer loans, such as home equity loans and lines of credit, student loans, overdraft line of credit, loans on savings accounts, and other consumer loans. In addition, it invests in mortgage-backed securities, securities issued by the U.S. Government and agencies, corporate securities, and other investments. Further, the company offers bankcard, trust and asset management services; and sells life insurance products. The company was founded in 1902 and is based in Red Bank, New Jersey.

Earnings Per Share

As for profitability, OceanFirst Financial Corp. has a trailing twelve months EPS of $1.67.

PE Ratio

OceanFirst Financial Corp. has a trailing twelve months price to earnings ratio of 13.9. Meaning, the purchaser of the share is investing $13.9 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 8.16%.

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3. First Trust Enhanced Equity Income Fund (FFA) – Dividend Yield: 7.41%

First Trust Enhanced Equity Income Fund’s last close was $17.18, 6.63% below its 52-week high of $18.40. Intraday change was 0.47%.

First Trust Enhanced Equity Income Fund is a closed-ended equity mutual fund launched and managed by First Trust Advisors L.P. The fund is co-managed by Chartwell Investment Partners, L.P. It invests in public equity markets of the United States. The fund seeks to invest in stocks of companies operating across the diversified sectors. It invests in stocks of companies across diversified market capitalizations. The fund also writes covered call options. It benchmarks the performance of its portfolio against the S&P 500 Index. The fund was formerly known as First Trust/Fiduciary Asset Management Covered Call Fund. First Trust Enhanced Equity Income Fund was formed on August 26, 2004 and is domiciled in the United States.

Earnings Per Share

As for profitability, First Trust Enhanced Equity Income Fund has a trailing twelve months EPS of $2.59.

PE Ratio

First Trust Enhanced Equity Income Fund has a trailing twelve months price to earnings ratio of 6.63. Meaning, the purchaser of the share is investing $6.63 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 14.9%.

Yearly Top and Bottom Value

First Trust Enhanced Equity Income Fund’s stock is valued at $17.18 at 17:15 EST, under its 52-week high of $18.40 and way above its 52-week low of $14.42.

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4. Glen Burnie Bancorp (GLBZ) – Dividend Yield: 6.42%

Glen Burnie Bancorp’s last close was $6.23, 39.51% under its 52-week high of $10.30. Intraday change was 1.14%.

Glen Burnie Bancorp operates as the bank holding company for The Bank of Glen Burnie that provides commercial and retail banking services to individuals, associations, partnerships, and corporations. The company accepts various deposits, including savings accounts, money market deposit accounts, demand deposit accounts, NOW checking accounts, and IRA and SEP accounts, as well as certificates of deposit. It also provides residential and commercial real estate, construction, land acquisition and development, and secured and unsecured commercial loans, as well as consumer installment lending, such as indirect automobile lending services; and residential first and second mortgage loans, home equity lines of credit, and commercial mortgage loans. In addition, the company offers ancillary products and services comprising safe deposit boxes, money orders, night depositories, automated clearinghouse transactions, and automated teller machine (ATM) services, as well as electronic banking services that include telephone banking, online banking, bill pay, card control, mobile app, merchant source capture, mobile deposit capture, Zelle, etc. Further, it provides treasury services, including wire transfer and ACH services, and debit cards. Additionally, the company engages in the business of acquiring, holding, and disposing of real property. It serves customers in northern Anne Arundel county and surrounding areas from its main office and branch in Glen Burnie, Maryland; and branch offices in Odenton, Riviera Beach, Crownsville, Severn, Linthicum, and Severna Park, Maryland. The company also has a remote ATM located in Pasadena, Maryland. Glen Burnie Bancorp was founded in 1949 and is based in Glen Burnie, Maryland.

Earnings Per Share

As for profitability, Glen Burnie Bancorp has a trailing twelve months EPS of $0.67.

PE Ratio

Glen Burnie Bancorp has a trailing twelve months price to earnings ratio of 9.3. Meaning, the purchaser of the share is investing $9.3 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 9.94%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 1.5%, now sitting on 13.8M for the twelve trailing months.

Yearly Top and Bottom Value

Glen Burnie Bancorp’s stock is valued at $6.23 at 17:15 EST, way under its 52-week high of $10.30 and above its 52-week low of $6.08.

Volume

Today’s last reported volume for Glen Burnie Bancorp is 2795 which is 20.52% below its average volume of 3517.

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5. ChipMOS TECHNOLOGIES (IMOS) – Dividend Yield: 6.3%

ChipMOS TECHNOLOGIES’s last close was $23.80, 12.63% below its 52-week high of $27.24. Intraday change was 0.25%.

ChipMOS TECHNOLOGIES INC. researches, develops, manufactures, and sells high-integration and high-precision integrated circuits, and related assembly and testing services in Taiwan, Japan, Singapore, and internationally. The company operates through Testing; Assembly; Testing and Assembly for LCD, OLED and other Display Panel Driver Semiconductors; Bumping; and Other segments. It provides a range of back-end assembly and test services, including engineering test, wafer probing and final test of memory and logic/mixed-signal semiconductors, as well as leadframe-and organic substrate-based package assembly services for memory and logic/mixed-signal semiconductors; and gold bumping, reel to reel assembly, and test services for LCD and other flat-panel display driver semiconductors. The company's semiconductors are used in personal computers; graphics applications, such as game consoles; communications equipment; mobile products comprising cellular handsets, tablets, and consumer electronic products; and automotive/industry and display applications, such as display panels. ChipMOS TECHNOLOGIES INC. was incorporated in 1997 and is headquartered in Hsinchu, Taiwan.

Earnings Per Share

As for profitability, ChipMOS TECHNOLOGIES has a trailing twelve months EPS of $2.89.

PE Ratio

ChipMOS TECHNOLOGIES has a trailing twelve months price to earnings ratio of 8.26. Meaning, the purchaser of the share is investing $8.26 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 7.25%.

Moving Average

ChipMOS TECHNOLOGIES’s worth is higher than its 50-day moving average of $23.50 and higher than its 200-day moving average of $23.83.

Revenue Growth

Year-on-year quarterly revenue growth declined by 20.5%, now sitting on 19.99B for the twelve trailing months.

More news about ChipMOS TECHNOLOGIES.

6. ManpowerGroup (MAN) – Dividend Yield: 4.03%

ManpowerGroup’s last close was $73.64, 20.33% under its 52-week high of $92.43. Intraday change was 0%.

ManpowerGroup Inc. provides workforce solutions and services in the Americas, Southern Europe, Northern Europe, and the Asia Pacific Middle East region. The company offers recruitment services, including permanent, temporary, and contract recruitment of professionals, as well as administrative and industrial positions under the Manpower and Experis brands. It also offers various assessment services; training and development services; career management; and outsourcing services related to human resources functions primarily in the areas of large-scale recruiting and workforce-intensive initiatives. In addition, the company provides workforce consulting services; contingent staffing and permanent recruitment services; professional resourcing and project-based solutions in information technology, engineering, and finance fields; solutions in the areas of organizational efficiency, individual development, and career mobility; and recruitment process outsourcing, TAPFIN managed, and talent based outsourcing services, as well as Proservia services in the areas of digital services market and IT infrastructure sector. It operates through a network of approximately 2,500 offices in 75 countries and territories. The company was founded in 1948 and is headquartered in Milwaukee, Wisconsin.

Earnings Per Share

As for profitability, ManpowerGroup has a trailing twelve months EPS of $5.91.

PE Ratio

ManpowerGroup has a trailing twelve months price to earnings ratio of 12.46. Meaning, the purchaser of the share is investing $12.46 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 12.38%.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on May 30, 2023, the estimated forward annual dividend rate is 2.94 and the estimated forward annual dividend yield is 4.03%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

ManpowerGroup’s EBITDA is 32.85.

Revenue Growth

Year-on-year quarterly revenue growth declined by 4.3%, now sitting on 19.22B for the twelve trailing months.

Sales Growth

ManpowerGroup’s sales growth is negative 1.5% for the present quarter and negative 3% for the next.

More news about ManpowerGroup.

7. Goldman Sachs Group (GS) – Dividend Yield: 3.64%

Goldman Sachs Group’s last close was $299.22, 23.19% under its 52-week high of $389.58. Intraday change was 0.66%.

The Goldman Sachs Group, Inc., a financial institution, provides a range of financial services for corporations, financial institutions, governments, and individuals worldwide. It operates through Global Banking & Markets, Asset & Wealth Management, and Platform Solutions segments. The Global Banking & Markets segment provides financial advisory services, including strategic advisory assignments related to mergers and acquisitions, divestitures, corporate defense activities, restructurings, and spin-offs; and relationship lending, and acquisition financing, as well as secured lending, through structured credit and asset-backed lending and involved in resale agreements. This segment also offers client execution activities for cash and derivative instruments; credit and interest rate products; and provision of mortgages, currencies, commodities, and equities related products, as well as underwriting services. The Asset & Wealth Management segment manages assets across various classes, including equity, fixed income, hedge funds, credit funds, private equity, real estate, currencies, and commodities; and provides customized investment advisory solutions, wealth advisory services, personalized financial planning, and private banking services, as well as invests in corporate equity, credit, real estate, and infrastructure assets. The Platform Solutions segment offers credit cards and point-of-sale financing for purchase of goods or services. This segment also provides cash management services, such as deposit-taking and payment solutions for corporate and institutional clients. The Goldman Sachs Group, Inc. was founded in 1869 and is headquartered in New York, New York.

Earnings Per Share

As for profitability, Goldman Sachs Group has a trailing twelve months EPS of $20.74.

PE Ratio

Goldman Sachs Group has a trailing twelve months price to earnings ratio of 14.52. Meaning, the purchaser of the share is investing $14.52 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 6.61%.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter is 64.8% and a drop 0.9% for the next.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Aug 29, 2023, the estimated forward annual dividend rate is 11 and the estimated forward annual dividend yield is 3.64%.

Volume

Today’s last reported volume for Goldman Sachs Group is 861535 which is 53.74% below its average volume of 1862590.

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