Headlines

John Hancock Financial Opportunities Fund, Leggett & Platt, Another 4 Companies Have A High Estimated Dividend Yield

(VIANEWS) – John Hancock Financial Opportunities Fund (BTO), Leggett & Platt (LEG), Invesco (IVZ) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
John Hancock Financial Opportunities Fund (BTO) 10.11% 2023-09-21 01:17:07
Leggett & Platt (LEG) 7.21% 2023-09-27 12:57:02
Invesco (IVZ) 5.47% 2023-09-27 12:56:35
Blackrock MuniHoldings Fund (MHD) 3.87% 2023-09-23 11:47:07
Park-Ohio Holdings Corp. (PKOH) 2.72% 2023-09-12 08:23:08
Automatic Data Processing (ADP) 2.09% 2023-09-27 12:10:22

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. John Hancock Financial Opportunities Fund (BTO) – Dividend Yield: 10.11%

John Hancock Financial Opportunities Fund’s last close was $25.77, 34.43% below its 52-week high of $39.30. Intraday change was 0.23%.

John Hancock Financial Opportunities Fund is a closed-ended equity mutual fund launched and managed by John Hancock Investment Management LLC. It is co-managed by John Hancock Asset Management. The fund invests in the public equity markets across the globe. It seeks to invest in the stocks of companies operating across the financial services sector. The fund invests in companies across all market capitalizations. It benchmarks the performance of its portfolio against the S&P Composite 1500 Banks Index. The fund was formerly known as John Hancock Bank and Thrift Opportunity Fund. John Hancock Financial Opportunities Fund was formed on August 23, 1994 and is domiciled in the United States.

Earnings Per Share

As for profitability, John Hancock Financial Opportunities Fund has a trailing twelve months EPS of $-4.77.

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 -17.07%.

Moving Average

John Hancock Financial Opportunities Fund’s worth is below its 50-day moving average of $28.10 and way below its 200-day moving average of $30.15.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Sep 7, 2023, the estimated forward annual dividend rate is 2.6 and the estimated forward annual dividend yield is 10.11%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 7.4%, now sitting on 23.68M for the twelve trailing months.

Yearly Top and Bottom Value

John Hancock Financial Opportunities Fund’s stock is valued at $25.77 at 03:15 EST, way below its 52-week high of $39.30 and way higher than its 52-week low of $22.95.

More news about John Hancock Financial Opportunities Fund.

2. Leggett & Platt (LEG) – Dividend Yield: 7.21%

Leggett & Platt’s last close was $24.64, 36.08% below its 52-week high of $38.55. Intraday change was 0.06%.

Leggett & Platt, Incorporated designs, manufactures, and markets engineered components and products worldwide. It operates through three segments: Bedding Products; Specialized Products; and Furniture, Flooring & Textile Products. The company offers steel rods, drawn wires, foam chemicals and additives, innersprings, private label finished mattresses, wire forms for mattress foundations, adjustable beds, industrial sewing and quilting machines, and mattress packaging and glue drying equipment, as well as machines to produce innersprings for industrial users of steel rods and wires, manufacturers of finished bedding, big box and e-commerce retailers, bedding brands and mattress retailers, department stores, and home improvement centers. It also provides mechanical and pneumatic lumbar support and massage systems for automotive seating; seat suspension systems, motors and actuators, and cables; titanium, nickel, and stainless-steel tubing, formed tubes, tube assemblies, and flexible joint components for fluid conveyance systems; and engineered hydraulic cylinders to automobile OEMs and suppliers, aerospace OEMs and suppliers, and mobile equipment OEMs. In addition, the company offers steel mechanisms and motion hardware; springs and seat suspensions; components and private label finished goods for soft seating; bases, columns, back rests, casters, and frames for office chairs; control devices for chairs; and carpet cushion and hard surface flooring underlayment, structural fabrics, and geo components to manufacturers of upholstered and office furniture, flooring retailers and distributors, contractors, landscapers, road construction companies, retailers, government agencies, and mattress and furniture producers, as well as manufacturers of packaging, filtration, and draperies. The company was founded in 1883 and is based in Carthage, Missouri.

Earnings Per Share

As for profitability, Leggett & Platt has a trailing twelve months EPS of $1.7.

PE Ratio

Leggett & Platt has a trailing twelve months price to earnings ratio of 14.47. Meaning, the purchaser of the share is investing $14.47 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 14.13%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Leggett & Platt’s EBITDA is 1.08.

More news about Leggett & Platt.

3. Invesco (IVZ) – Dividend Yield: 5.47%

Invesco’s last close was $14.09, 31.47% under its 52-week high of $20.56. Intraday change was -0.43%.

Invesco Ltd. is a publicly owned investment manager. The firm provides its services to retail clients, institutional clients, high-net worth clients, public entities, corporations, unions, non-profit organizations, endowments, foundations, pension funds, financial institutions, and sovereign wealth funds. It manages separate client-focused equity and fixed income portfolios. The firm also launches equity, fixed income, commodity, multi-asset, and balanced mutual funds for its clients. It launches equity, fixed income, multi-asset, and balanced exchange-traded funds. The firm also launches and manages private funds. It invests in the public equity and fixed income markets across the globe. The firm also invests in alternative markets, such as commodities and currencies. For the equity portion of its portfolio, it invests in growth and value stocks of large-cap, mid-cap, and small-cap companies. For the fixed income portion of its portfolio, the firm invests in convertibles, government bonds, municipal bonds, treasury securities, and cash. It also invests in short term and intermediate term bonds, investment grade and high yield bonds, taxable and tax-free bonds, senior secured loans, and structured securities such as asset-backed securities, mortgage-backed securities, and commercial mortgage-backed securities. The firm employs absolute return, global macro, and long/short strategies. It employs quantitative analysis to make its investments. The firm was formerly known as Invesco Plc, AMVESCAP plc, Amvesco plc, Invesco PLC, Invesco MIM, and H. Lotery & Co. Ltd. Invesco Ltd. was founded in 1935 and is based in Atlanta, Georgia with an additional office in Hamilton, Bermuda.

Earnings Per Share

As for profitability, Invesco has a trailing twelve months EPS of $1.4.

PE Ratio

Invesco has a trailing twelve months price to earnings ratio of 10.02. Meaning, the purchaser of the share is investing $10.02 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 4.79%.

Previous days news about Invesco

  • Should you consider invesco (ivz) for its dividend yield?. According to Zacks on Tuesday, 26 September, "Today, we are discussing one such stock, Invesco (IVZ Quick QuoteIVZ – Free Report) .", "Further, Invesco maintains a solid foothold in Europe, Canada and the Asia-Pacific regions. "

More news about Invesco.

4. Blackrock MuniHoldings Fund (MHD) – Dividend Yield: 3.87%

Blackrock MuniHoldings Fund’s last close was $10.92, 12.92% below its 52-week high of $12.54. Intraday change was 0.28%.

BlackRock MuniHoldings Fund, Inc. is a closed-ended fixed income mutual fund launched by BlackRock, Inc. It is managed by BlackRock Advisors, LLC. The fund invests in the fixed income markets of the United States. It primarily invests in investment grade municipal bonds that are exempt from federal income taxes. The fund seeks to invest in securities with a maturity of more than ten years. BlackRock MuniHoldings Fund, Inc. was formed on May 2, 1997 and is domiciled in the United States.

Earnings Per Share

As for profitability, Blackrock MuniHoldings Fund has a trailing twelve months EPS of $-2.3.

Moving Average

Blackrock MuniHoldings Fund’s worth is under its 50-day moving average of $11.36 and below its 200-day moving average of $11.69.

More news about Blackrock MuniHoldings Fund.

5. Park-Ohio Holdings Corp. (PKOH) – Dividend Yield: 2.72%

Park-Ohio Holdings Corp.’s last close was $17.94, 9.3% below its 52-week high of $19.78. Intraday change was -2.23%.

Park-Ohio Holdings Corp. provides supply chain management outsourcing services, capital equipment, and manufactured components in the United States, Europe, Asia, Mexico, Canada, and internationally. It operates through three segments: Supply Technologies, Assembly Components, and Engineered Products. The Supply Technologies segment offers Total Supply Management solution, including engineering and design support, part usage and cost analysis, supplier selection, quality assurance, bar coding, product packaging and tracking, just-in-time and point-of-use delivery, electronic billing, and ongoing technical support services, as well as provides spare parts and aftermarket products; and production components, such as valves, fuel hose assemblies, electro-mechanical hardware, labels, fittings, steering components, and other products. It also engineers and manufactures precision cold-formed and cold-extruded fasteners and other products, including locknuts, SPAC nuts, SPAC bolts, and wheel hardware. The Assembly Components segment manufactures aluminum products, direct fuel injection fuel rails and pipes, fuel filler pipes, and flexible multi-layer plastic and rubber assemblies; turbo charging and coolant hoses; and fluid handling systems. It also offers machining services, as well as value-added services, such as design engineering, machining, and part assembly. The Engineered Products segment designs and manufactures engineered products, including induction heating and melting systems, pipe threading systems, and forged and machined products primarily for ferrous and non-ferrous metals, silicon, coatings, forging, foundry, automotive, and construction equipment industries; engineers and installs mechanical forging presses; sells spare parts; provides field services; and offers aerospace and defense structural components, and rail products, such as railcar center plates and draft lugs. Park-Ohio Holdings Corp. was founded in 1907 and is headquartered in Cleveland, Ohio.

Earnings Per Share

As for profitability, Park-Ohio Holdings Corp. has a trailing twelve months EPS of $1.18.

PE Ratio

Park-Ohio Holdings Corp. has a trailing twelve months price to earnings ratio of 15.2. Meaning, the purchaser of the share is investing $15.2 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 4.94%.

Moving Average

Park-Ohio Holdings Corp.’s value is under its 50-day moving average of $18.75 and way higher than its 200-day moving average of $15.14.

Yearly Top and Bottom Value

Park-Ohio Holdings Corp.’s stock is valued at $17.94 at 03:15 EST, below its 52-week high of $19.78 and way higher than its 52-week low of $10.30.

Sales Growth

Park-Ohio Holdings Corp.’s sales growth is negative 6.8% for the ongoing quarter and 6.2% for the next.

Revenue Growth

Year-on-year quarterly revenue growth grew by 15.8%, now sitting on 1.62B for the twelve trailing months.

More news about Park-Ohio Holdings Corp..

6. Automatic Data Processing (ADP) – Dividend Yield: 2.09%

Automatic Data Processing’s last close was $242.63, 11.75% below its 52-week high of $274.92. Intraday change was 2.18%.

Automatic Data Processing, Inc. provides cloud-based human capital management solutions worldwide. It operates in two segments, Employer Services and Professional Employer Organization (PEO). The Employer Services segment offers strategic, cloud-based platforms, and human resources (HR) outsourcing solutions. Its offerings include payroll, benefits administration, talent management, HR management, workforce management, insurance, retirement, and compliance services, as well as integrated HCM solutions. The PEO Services segment provides HR outsourcing solutions to small and mid-sized businesses through a co-employment model. This segment offers benefits package, protection and compliance, talent engagement, expertise, comprehensive outsourcing, and recruitment process outsourcing services. The company was founded in 1949 and is headquartered in Roseland, New Jersey.

Earnings Per Share

As for profitability, Automatic Data Processing has a trailing twelve months EPS of $8.21.

PE Ratio

Automatic Data Processing has a trailing twelve months price to earnings ratio of 29.53. Meaning, the purchaser of the share is investing $29.53 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 101.33%.

Volume

Today’s last reported volume for Automatic Data Processing is 1009150 which is 32.91% below its average volume of 1504330.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Automatic Data Processing’s EBITDA is 5.79.

More news about Automatic Data Processing.

Leave a Reply

Your email address will not be published. Required fields are marked *