India Fund, Ambev, Another 3 Companies Have A High Estimated Dividend Yield

(VIANEWS) – India Fund (IFN), Ambev (ABEV), Virtu Financial (VIRT) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
India Fund (IFN) 8.06% 2024-02-29 15:48:07
Ambev (ABEV) 6.09% 2024-03-07 13:52:09
Virtu Financial (VIRT) 5.62% 2024-02-26 17:08:05
Invesco Trust for Investment Grade Municipals (VGM) 4.71% 2024-03-03 07:06:04
Mizuho Financial Group (MFG) 3.36% 2024-03-07 15:21:23

A little less 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. India Fund (IFN) – Dividend Yield: 8.06%

India Fund’s last close was $20.36, 1.64% under its 52-week high of $20.70. Intraday change was 0.39%.

The India Fund, Inc. is a close ended equity mutual fund launched and managed by Aberdeen Standard Investments (Asia) Limited. The fund invests in public equity markets of India. It seeks to invest in stocks of small-cap, mid-cap, and large-cap companies. The fund employs a quantitative and fundamental analysis with a bottom-up stock picking and asset allocation approach to create its portfolio. It benchmarks the performance of its portfolio against the IFC Investable India Index. The India Fund, Inc. was formed on December 27, 1993 and is domiciled in the Singapore.

Earnings Per Share

As for profitability, India Fund has a trailing twelve months EPS of $1.96.

PE Ratio

India Fund has a trailing twelve months price to earnings ratio of 10.43. Meaning, the purchaser of the share is investing $10.43 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 11.35%.

Volume

Today’s last reported volume for India Fund is 100047 which is 15.3% below its average volume of 118126.

More news about India Fund.

2. Ambev (ABEV) – Dividend Yield: 6.09%

Ambev’s last close was $2.55, 21.05% under its 52-week high of $3.23. Intraday change was 0.2%.

Ambev S.A., through its subsidiaries, engages in the production, distribution, and sale of beer, draft beer, carbonated soft drinks, other non-alcoholic beverages, malt, and food products. It offers beer primarily under the Skol, Brahma, Antarctica, Brahva, Budweiser, Bud Light, Beck, Leffe and Hoegaarden, Bucanero, Cristal, Mayabe, Presidente, Presidente Light, Brahma Light, Bohemia, The One, Corona, Modelo Especial, Stella Artois, Quilmes Clásica, Paceña, Taquiña, Huari, Becker, Cusqueña, Michelob Ultra, Busch, Pilsen, Ouro Fino, Banks, Deputy, Patricia, Labatt Blue, Alexander Keith's, and Kokanee brands. The company also provides carbonated soft drinks, bottled water, isotonic beverages, energy drinks, coconut water, powdered and natural juices, and ready-to-drink teas under the Guaraná Antarctica, Gatorade, H2OH!, Lipton Iced Tea, Fusion, Do Bem, Pepsi-Cola, Canada Dry, Squirt, Red Rock, Red Bull, Seven Up, Nutrl, Bud Light Seltzer, Palm Bay, and Mike's brands. It offers its products through a network of third-party distributors and a direct distribution system. The company was founded in 1885 and is headquartered in São Paulo, Brazil. Ambev S.A. operates as a subsidiary of Interbrew International B.V.

Earnings Per Share

As for profitability, Ambev has a trailing twelve months EPS of $0.19.

PE Ratio

Ambev has a trailing twelve months price to earnings ratio of 13.39. Meaning, the purchaser of the share is investing $13.39 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 18.3%.

More news about Ambev.

3. Virtu Financial (VIRT) – Dividend Yield: 5.62%

Virtu Financial’s last close was $17.09, 18.74% under its 52-week high of $21.03. Intraday change was 0%.

Virtu Financial, Inc., together with its subsidiaries, provides market making and liquidity services through its proprietary, multi-asset, and multi-currency technology platform to the financial markets worldwide. The company's Market Making segment principally consists of market making in the cash, futures, and options markets across equities, options, fixed income, currencies, and commodities. Its Execution Services segment comprises agency-based trading and trading venues, which offer execution services in equities, ETFs, futures, fixed income, currencies, and commodities to institutions, banks, and broker dealers. Virtu Financial, Inc. was founded in 2008 and is headquartered in New York, New York.

Earnings Per Share

As for profitability, Virtu Financial has a trailing twelve months EPS of $1.42.

PE Ratio

Virtu Financial has a trailing twelve months price to earnings ratio of 12.04. Meaning, the purchaser of the share is investing $12.04 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 17.27%.

Volume

Today’s last reported volume for Virtu Financial is 934897 which is 10.61% below its average volume of 1045920.

More news about Virtu Financial.

4. Invesco Trust for Investment Grade Municipals (VGM) – Dividend Yield: 4.71%

Invesco Trust for Investment Grade Municipals’s last close was $9.88, 1.89% under its 52-week high of $10.07. Intraday change was 0.3%.

Invesco Trust for Investment Grade Municipals 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 formerly known as Invesco Van Kampen Trust for Investment Grade Municipals. Invesco Trust for Investment Grade Municipals was formed on January 24, 1992 and is domiciled in the United States.

Earnings Per Share

As for profitability, Invesco Trust for Investment Grade Municipals has a trailing twelve months EPS of $0.01.

PE Ratio

Invesco Trust for Investment Grade Municipals has a trailing twelve months price to earnings ratio of 988. Meaning, the purchaser of the share is investing $988 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 negative -0.01%.

Moving Average

Invesco Trust for Investment Grade Municipals’s value is above its 50-day moving average of $9.78 and higher than its 200-day moving average of $9.40.

More news about Invesco Trust for Investment Grade Municipals.

5. Mizuho Financial Group (MFG) – Dividend Yield: 3.36%

Mizuho Financial Group’s last close was $4.09, 6.79% above its 52-week high of $3.83. Intraday change was 3.18%.

Mizuho Financial Group, Inc., together with its subsidiaries, engages in banking, trust, securities, and other businesses related to financial services in Japan, the Americas, Europe, Asia/Oceania, and internationally. It operates through Retail & Business Banking Company, Corporate & Institutional Company, Global Corporate Company, Global Markets Company, Asset Management Company, and Others segments. The company provides deposit products; syndicated, housing, and card loans; business matching services; and advisory services related to overseas expansions, and mergers and acquisitions-related services. It also offers consulting services, including asset management and asset succession; payroll services; and sells lottery tickets issued by prefectures and ordinance-designated cities. In addition, it offers fund management, underwriting of equity and bonds, risk hedging products, etc. for corporate customers; solutions based on capital management, business strategy, and financial strategy; real estate services; advisory services and solutions, such as advice on proposals on various investment products to financial institutions; and financial services that include funding support and public bonds underwriting. Further, the company offers corporate finance and transaction banking srvices; sales and trading services; investment products; pension funds; and ALM and investment services, including stable capital raising and balance sheet management, as well as management of fixed income, equity, and other securities portfolios. Additionally, the company provides online banking, cash management solutions, currency transaction, trade finance, custody, yen correspondence settlement, and research and consulting services; trust, securitization and structured finance, and stock transfers; and private banking and information technology-related services. Mizuho Financial Group, Inc. was founded in 2000 and is headquartered in Tokyo, Japan.

Earnings Per Share

As for profitability, Mizuho Financial Group has a trailing twelve months EPS of $0.34.

PE Ratio

Mizuho Financial Group has a trailing twelve months price to earnings ratio of 12.02. Meaning, the purchaser of the share is investing $12.02 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 6.94%.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Sep 28, 2023, the estimated forward annual dividend rate is 0.13 and the estimated forward annual dividend yield is 3.36%.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is a negative 20% and a negative 30%, respectively.

Volume

Today’s last reported volume for Mizuho Financial Group is 1099240 which is 2.91% above its average volume of 1068100.

Moving Average

Mizuho Financial Group’s value is way above its 50-day moving average of $3.57 and way above its 200-day moving average of $3.35.

More news about Mizuho Financial Group.

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