Guggenheim Strategic Opportunities Fund, Saratoga Investment Corp New, Another 3 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Guggenheim Strategic Opportunities Fund (GOF), Saratoga Investment Corp New (SAR), Blackrock Global Blackrock Global Opportunities Equity Trust (BOE) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Guggenheim Strategic Opportunities Fund (GOF) 13.65% 2023-06-07 09:10:09
Saratoga Investment Corp New (SAR) 10.08% 2023-06-09 15:15:08
Blackrock Global Blackrock Global Opportunities Equity Trust (BOE) 7.81% 2023-06-05 19:48:07
Southern Company (SO) 3.99% 2023-06-12 10:45:14
EastGroup Properties (EGP) 3% 2023-06-06 17:10:08

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. Guggenheim Strategic Opportunities Fund (GOF) – Dividend Yield: 13.65%

Guggenheim Strategic Opportunities Fund’s last close was $15.98, 11.02% below its 52-week high of $17.96. Intraday change was 0.25%.

Guggenheim Strategic Opportunities Fund is a closed-ended balanced mutual fund launched and managed by Guggenheim Funds Investment Advisors, LLC. The fund is co-managed by Guggenheim Partners Investment Management LLC. It invests in public equity and fixed income markets across the globe. For its equity portion, the fund invests directly and through derivatives such as writing covered call and put options to invest in the stocks of companies operating across diversified sectors. It invests in the value stocks of companies of all capitalizations. The fund employs a combination of quantitative and qualitative analysis to create its portfolio. For the fixed income component of its portfolio, it seeks to invest in securities such as corporate bonds, loans, loan participations, structured finance investments, U.S. government and agency securities that are not rated below below CCC by S&P or Caa2 by Moody's. For the equity part of the portfolio the fund benchmarks S&P 500 Index and for the fixed income part it benchmarks Barclays Aggregate Bond Index. It was formerly known as Claymore/Guggenheim Strategic Opportunities Fund. Guggenheim Strategic Opportunities Fund was formed on November 13, 2006 and is domiciled in the United States.

Earnings Per Share

As for profitability, Guggenheim Strategic Opportunities Fund has a trailing twelve months EPS of $-1.39.

Yearly Top and Bottom Value

Guggenheim Strategic Opportunities Fund’s stock is valued at $16.02 at 03:15 EST, way under its 52-week high of $17.96 and above its 52-week low of $14.87.

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2. Saratoga Investment Corp New (SAR) – Dividend Yield: 10.08%

Saratoga Investment Corp New’s last close was $27.79, 3.74% under its 52-week high of $28.87. Intraday change was 0.76%.

Saratoga Investment Corp. is a business development company specializing in leveraged and management buyouts, acquisition financings, growth financings, recapitalization, debt refinancing, and transitional financing transactions at the lower end of middle market companies. It structures its investments as debt and equity by investing through first and second lien loans, mezzanine debt, co-investments, select high yield bonds, senior secured bonds, unsecured bonds, and preferred and common equity. The firm prefers to invest in aerospace, automotive aftermarket and services, business products and services, consumer products and services, education, environmental services, industrial services, financial services, food and beverage, healthcare products and services, logistics, distribution, manufacturing, restaurants services, food services, software services, technology services, specialty chemical, media and telecommunications. It seeks to invest in the United States. The firm primarily invests $5 million to $50 million in companies having EBITDA of $2 million or greater and revenues of $8 million to $250 million. The firm prefer to take a majority stake. It invests through direct lending as well as participation in loan syndicates. The firm was formerly known as GSC Investment Corp. Saratoga Investment Corp. is based in New York, New York with an additional office in Florham Park, New Jersey.

Earnings Per Share

As for profitability, Saratoga Investment Corp New has a trailing twelve months EPS of $2.06.

PE Ratio

Saratoga Investment Corp New has a trailing twelve months price to earnings ratio of 13.59. Meaning, the purchaser of the share is investing $13.59 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 7.02%.

Yearly Top and Bottom Value

Saratoga Investment Corp New’s stock is valued at $28.00 at 03:15 EST, below its 52-week high of $28.87 and way above its 52-week low of $20.16.

Moving Average

Saratoga Investment Corp New’s worth is way above its 50-day moving average of $25.26 and way higher than its 200-day moving average of $25.03.

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3. Blackrock Global Blackrock Global Opportunities Equity Trust (BOE) – Dividend Yield: 7.81%

Blackrock Global Blackrock Global Opportunities Equity Trust’s last close was $9.85, 8.2% under its 52-week high of $10.73. Intraday change was 0%.

BlackRock Enhanced Global Dividend Trust is a closed ended equity mutual fund launched by BlackRock, Inc. The fund is co-managed by BlackRock Advisors, LLC and BlackRock International Limited. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors. It invests in stocks of companies across all market capitalizations. The fund also invests through derivatives, with an emphasis on options on equity securities or indices. It benchmarks the performance of its portfolio against the S&P Global Broad Market Index. The fund was formerly known as BlackRock Global Opportunities Equity Trust. BlackRock Enhanced Global Dividend Trust was formed on May 31, 2005 and is domiciled in the United States.

Earnings Per Share

As for profitability, Blackrock Global Blackrock Global Opportunities Equity Trust has a trailing twelve months EPS of $-1.69.

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 -14.06%.

Moving Average

Blackrock Global Blackrock Global Opportunities Equity Trust’s value is below its 50-day moving average of $9.99 and higher than its 200-day moving average of $9.75.

Volume

Today’s last reported volume for Blackrock Global Blackrock Global Opportunities Equity Trust is 92940 which is 22.92% below its average volume of 120584.

Yearly Top and Bottom Value

Blackrock Global Blackrock Global Opportunities Equity Trust’s stock is valued at $9.85 at 03:15 EST, under its 52-week high of $10.73 and way above its 52-week low of $8.52.

More news about Blackrock Global Blackrock Global Opportunities Equity Trust.

4. Southern Company (SO) – Dividend Yield: 3.99%

Southern Company’s last close was $70.84, 12.08% under its 52-week high of $80.57. Intraday change was -0.34%.

The Southern Company, through its subsidiaries, engages in the generation, transmission, and distribution of electricity. It operates through three segments: Gas Distribution Operations, Gas Pipeline Investments, and Gas Marketing Services. The company also develops, constructs, acquires, owns, and manages power generation assets, including renewable energy projects and sells electricity in the wholesale market; and distributes natural gas in Illinois, Georgia, Virginia, and Tennessee, as well as provides gas marketing services, gas distribution operations, and gas pipeline investments operations. In addition, it constructs, operates, and maintains 77,591 miles of natural gas pipelines and 14 storage facilities with total capacity of 157 Bcf to provide natural gas to residential, commercial, and industrial customers. It serves approximately 8.8 million electric and gas utility customers. Further, the company offers digital wireless communications and fiber optics services. The Southern Company was incorporated in 1945 and is headquartered in Atlanta, Georgia.

Earnings Per Share

As for profitability, Southern Company has a trailing twelve months EPS of $3.08.

PE Ratio

Southern Company has a trailing twelve months price to earnings ratio of 23.06. Meaning, the purchaser of the share is investing $23.06 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 9.57%.

Stock Price Classification

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

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5. EastGroup Properties (EGP) – Dividend Yield: 3%

EastGroup Properties’s last close was $166.41, 7.68% under its 52-week high of $180.25. Intraday change was 0.87%.

EastGroup Properties, Inc. (NYSE: EGP), an S&P MidCap 400 company, is a self-administered equity real estate investment trust focused on the development, acquisition and operation of industrial properties in major Sunbelt markets throughout the United States with an emphasis in the states of Florida, Texas, Arizona, California and North Carolina. The Company's goal is to maximize shareholder value by being a leading provider in its markets of functional, flexible and quality business distribution space for location sensitive customers (primarily in the 15,000 to 70,000 square foot range). The Company's strategy for growth is based on ownership of premier distribution facilities generally clustered near major transportation features in supply-constrained submarkets. EastGroup's portfolio, including development projects and value-add acquisitions in lease-up and under construction, currently includes approximately 45.7 million square feet.

Earnings Per Share

As for profitability, EastGroup Properties has a trailing twelve months EPS of $3.84.

PE Ratio

EastGroup Properties has a trailing twelve months price to earnings ratio of 43.71. Meaning, the purchaser of the share is investing $43.71 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 9.02%.

Sales Growth

EastGroup Properties’s sales growth is 15.5% for the current quarter and 13.2% for the next.

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