John Hancock Financial Opportunities Fund, Redwood Trust, Another 8 Companies Have A High Estimated Dividend Yield

(VIANEWS) – John Hancock Financial Opportunities Fund (BTO), Redwood Trust (RWT), Grupo Aval Acciones y Valores S.A. ADR (AVAL) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
John Hancock Financial Opportunities Fund (BTO) 9.93% 2023-11-13 15:46:06
Redwood Trust (RWT) 9.48% 2023-11-17 09:10:06
Grupo Aval Acciones y Valores S.A. ADR (AVAL) 9.1% 2023-11-13 07:46:06
ConAgra Foods (CAG) 4.91% 2023-11-26 03:15:55
Equity Residential (EQR) 4.66% 2023-11-26 03:23:08
American Electric Power Company (AEP) 4.48% 2023-11-26 03:14:48
American National Bankshares (AMNB) 2.8% 2023-11-18 17:13:05
Noah Holdings Limited (NOAH) 2.8% 2023-11-16 15:09:06
Value Line (VALU) 2.68% 2023-11-24 07:17:05
Ontrak (OTRK) 2.62% 2023-11-11 02:23:07

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. John Hancock Financial Opportunities Fund (BTO) – Dividend Yield: 9.93%

John Hancock Financial Opportunities Fund’s last close was $26.19, 33.36% below its 52-week high of $39.30. Intraday change was -0.65%.

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 $-4.8.

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%.

More news about John Hancock Financial Opportunities Fund.

2. Redwood Trust (RWT) – Dividend Yield: 9.48%

Redwood Trust’s last close was $6.75, 22.59% under its 52-week high of $8.72. Intraday change was -2.32%.

Redwood Trust, Inc., together with its subsidiaries, operates as a specialty finance company in the United States. The company operates through three segments: Residential Mortgage Banking, Business Purpose Mortgage Banking, and Investment Portfolio. The Residential Mortgage Banking segment operates a mortgage loan conduit that acquires residential loans from third-party originators for subsequent sale, securitization, or transfer to its investment portfolio. This segment also offers derivative financial instruments to manage risks associated with residential loans. The Business Purpose Mortgage Banking segment operates a platform that originates and acquires business purpose loans, such as single-family rental and bridge loans for subsequent securitization, sale, or transfer into its investment portfolio. The Investment Portfolio segment invests in securities retained from residential and business purpose securitization activities, and residential and small-balance multifamily bridge loans, as well as residential mortgage-backed securities issued by third parties, Freddie Mac K-Series multifamily loan securitizations and reperforming loan securitizations, servicer advance investments, home equity investments, and other housing-related investments. The company qualifies as a real estate investment trust (REIT) for federal income tax purposes. As a REIT, it intends to distribute at least 90% of its taxable income as dividends to shareholders. Redwood Trust, Inc. was incorporated in 1994 and is headquartered in Mill Valley, California.

Earnings Per Share

As for profitability, Redwood Trust has a trailing twelve months EPS of $-0.66.

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 -5.96%.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Sep 20, 2023, the estimated forward annual dividend rate is 0.64 and the estimated forward annual dividend yield is 9.48%.

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3. Grupo Aval Acciones y Valores S.A. ADR (AVAL) – Dividend Yield: 9.1%

Grupo Aval Acciones y Valores S.A. ADR’s last close was $2.27, 15.3% under its 52-week high of $2.68. Intraday change was 2.25%.

Grupo Aval Acciones y Valores S.A. provides a range of financial services and products to public and private sector customers in Colombia and Central America. It offers traditional deposit services and products, including checking accounts, savings accounts, time deposits, and other deposits. The company also provides commercial loans comprising general purpose loans, working capital loans, leases, loans funded by development banks, corporate credit cards, and overdraft loans; consumer loans, such as payroll loans, personal loans, automobile and other vehicle loans, credit cards, overdrafts, leases, and general purpose loans; and microcredit and mortgage loans. In addition, the company offers pension and severance fund management services; advice related to capital markets, mergers and acquisitions, project finance, and other transactions; mobile and online banking services; and bancassurance, insurance, trust, bonded warehousing and brokerage transactions, real estate escrow services, merchandise and document storage and deposit, customs agency, cargo management, surety bond and merchandise distribution services, and payment and collection services. Further, it is involved in equity investments in various sectors, including infrastructure, energy and gas, agribusiness, and hospitality; and treasury operations. Grupo Aval Acciones y Valores S.A. was incorporated in 1994 and is headquartered in Bogotá, Colombia.

Earnings Per Share

As for profitability, Grupo Aval Acciones y Valores S.A. ADR has a trailing twelve months EPS of $0.24.

PE Ratio

Grupo Aval Acciones y Valores S.A. ADR has a trailing twelve months price to earnings ratio of 9.46. Meaning, the purchaser of the share is investing $9.46 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 9%.

More news about Grupo Aval Acciones y Valores S.A. ADR.

4. ConAgra Foods (CAG) – Dividend Yield: 4.91%

ConAgra Foods’s last close was $28.33, 31.4% under its 52-week high of $41.30. Intraday change was 0.4%.

Conagra Brands, Inc., together with its subsidiaries, operates as a consumer packaged goods food company primarily in the United States. The company operates through Grocery & Snacks, Refrigerated & Frozen, International, and Foodservice segments. The Grocery & Snacks segment primarily offers shelf stable food products through various retail channels. The Refrigerated & Frozen segment provides temperature-controlled food products through various retail channels. The International segment offers food products in various temperature states through retail and foodservice channels outside of the United States. The Foodservice segment offers branded and customized food products, including meals, entrees, sauces, and various custom-manufactured culinary products packaged for restaurants and other foodservice establishments. The company sells its products under the Birds Eye, Marie Callender's, Duncan Hines, Healthy Choice, Slim Jim, Reddi-wip, Angie's, BOOMCHICKAPOP, Duke's, Earth Balance, Gardein, and Frontera brands. The company was incorporated in 1919 and is headquartered in Chicago, Illinois.

Earnings Per Share

As for profitability, ConAgra Foods has a trailing twelve months EPS of $2.25.

PE Ratio

ConAgra Foods has a trailing twelve months price to earnings ratio of 12.64. Meaning, the purchaser of the share is investing $12.64 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 12.33%.

Volume

Today’s last reported volume for ConAgra Foods is 844035 which is 80.71% below its average volume of 4376430.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Oct 31, 2023, the estimated forward annual dividend rate is 1.4 and the estimated forward annual dividend yield is 4.91%.

Yearly Top and Bottom Value

ConAgra Foods’s stock is valued at $28.44 at 01:15 EST, way under its 52-week high of $41.30 and way higher than its 52-week low of $25.16.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is a negative 16% and a negative 7.9%, respectively.

More news about ConAgra Foods.

5. Equity Residential (EQR) – Dividend Yield: 4.66%

Equity Residential’s last close was $56.83, 18.17% under its 52-week high of $69.45. Intraday change was 0.44%.

Equity Residential is committed to creating communities where people thrive. The Company, a member of the S&P 500, is focused on the acquisition, development and management of residential properties located in and around dynamic cities that attract affluent long-term renters. Equity Residential owns or has investments in 305 properties consisting of 80,683 apartment units, with an established presence in Boston, New York, Washington, D.C., Seattle, San Francisco and Southern California, and an expanding presence in Denver, Atlanta, Dallas/Ft. Worth and Austin.

Earnings Per Share

As for profitability, Equity Residential has a trailing twelve months EPS of $1.73.

PE Ratio

Equity Residential has a trailing twelve months price to earnings ratio of 32.8. Meaning, the purchaser of the share is investing $32.8 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 6.14%.

Moving Average

Equity Residential’s worth is under its 50-day moving average of $57.56 and below its 200-day moving average of $61.79.

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6. American Electric Power Company (AEP) – Dividend Yield: 4.48%

American Electric Power Company’s last close was $78.25, 22% under its 52-week high of $100.32. Intraday change was 0.27%.

American Electric Power Company, Inc., an electric public utility holding company, engages in the generation, transmission, and distribution of electricity for sale to retail and wholesale customers in the United States. It operates through Vertically Integrated Utilities, Transmission and Distribution Utilities, AEP Transmission Holdco, and Generation & Marketing segments. The company generates electricity using coal and lignite, natural gas, renewable, nuclear, hydro, solar, wind, and other energy sources. It also supplies and markets electric power at wholesale to other electric utility companies, rural electric cooperatives, municipalities, and other market participants. The company was incorporated in 1906 and is headquartered in Columbus, Ohio.

Earnings Per Share

As for profitability, American Electric Power Company has a trailing twelve months EPS of $4.36.

PE Ratio

American Electric Power Company has a trailing twelve months price to earnings ratio of 17.95. Meaning, the purchaser of the share is investing $17.95 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 9.06%.

Volume

Today’s last reported volume for American Electric Power Company is 2382050 which is 29.64% below its average volume of 3385660.

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7. American National Bankshares (AMNB) – Dividend Yield: 2.8%

American National Bankshares’s last close was $42.93, 2.3% under its 52-week high of $43.94. Intraday change was 1.37%.

American National Bankshares Inc. operates as the bank holding company for American National Bank and Trust Company that provides financial products and services in Virginia and North Carolina. The company operates through two segments, Community Banking, and Trust and Investment Services. It accepts deposit products, including checking, money market, savings, and consumer and commercial time deposits, as well as certificates of deposit. The company's loan products comprise commercial and residential real estate loans, commercial loans to small and medium-sized businesses, construction and land development loans, home equity loans, mortgage loans, and consumer loans. It also offers trust and investment services, such as estate planning, trust account administration, and retail brokerage services; online and telephone banking services; insurance services; and investment management services, including purchasing equity, fixed income, and mutual fund investments for customer accounts, as well as operates 37 automated teller machines. As of December 31, 2020, it operated 26 banking offices; and one loan production offices in Roanoke, Virginia. American National Bankshares Inc. was founded in 1909 and is headquartered in Danville, Virginia.

Earnings Per Share

As for profitability, American National Bankshares has a trailing twelve months EPS of $2.84.

PE Ratio

American National Bankshares has a trailing twelve months price to earnings ratio of 15.12. Meaning, the purchaser of the share is investing $15.12 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 9.4%.

Volume

Today’s last reported volume for American National Bankshares is 21752 which is 6.27% below its average volume of 23209.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Aug 30, 2023, the estimated forward annual dividend rate is 1.2 and the estimated forward annual dividend yield is 2.8%.

More news about American National Bankshares.

8. Noah Holdings Limited (NOAH) – Dividend Yield: 2.8%

Noah Holdings Limited’s last close was $13.69, 36.41% under its 52-week high of $21.53. Intraday change was -1.68%.

Noah Holdings Limited, together with its subsidiaries, operates as a wealth and asset management service provider with the focus on investment and asset allocation services for high net worth individuals and enterprises in Mainland of China, Hong Kong, and internationally. It operates through three segments: Wealth Management, Asset Management, and Other Businesses. The company offers investment products, including domestic and overseas publicly raised and public securities investment funds, privately-raised investment funds, and private equity products; customized value-added financial services, such as investor education and trust services, as well as insurance brokerage services; and insurance products. It also provides onshore and offshore private equity, real estate, public securities, multi-strategy, and other investment products, as well as lending services. The company was founded in 2005 and is headquartered in Shanghai, the People's Republic of China.

Earnings Per Share

As for profitability, Noah Holdings Limited has a trailing twelve months EPS of $1.85.

PE Ratio

Noah Holdings Limited has a trailing twelve months price to earnings ratio of 7.28. Meaning, the purchaser of the share is investing $7.28 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 9.23%.

More news about Noah Holdings Limited.

9. Value Line (VALU) – Dividend Yield: 2.68%

Value Line’s last close was $41.78, 32.71% under its 52-week high of $62.09. Intraday change was -0.17%.

Value Line, Inc., together with its subsidiaries, produces and sells investment periodicals and related publications primarily in the United States. Its investment periodicals and related publications cover a range of investments, including stocks, mutual funds, exchange traded funds (ETFs), and options. The company offers research services, such as The Value Line Investment Survey, The Value Line Investment Survey – Small and Mid-Cap, The Value Line 600, and The Value Line Fund Advisor Plus, which provide statistical and text coverage of various investment securities, with an emphasis placed on its proprietary research, analysis, and statistical ranks. It also provides niche newsletters comprising Value Line Select, Value Line Select: Dividend Income & Growth, Value Line Select: ETFs, and The Value Line Special Situations Service that offer information on a less comprehensive basis for securities that are of particular interest to subscribers; digital versions of its products through its Website, www.valueline.com, as well as The Value Line Research Center online platform; and investment analysis software, such as The Value Line Investment Analyzer, which includes data sorting and filtering tools. In addition, the company offers current and historical financial databases comprising DataFile, estimates and projections, and mutual funds through the Internet; investment analysis software; and copyright products, which include unit investment trusts, variable annuities, managed accounts, and EFTs. Further, it places advertising on behalf of the company's publications; and provides subscription fulfillment and subscriber relation services. The company serves individual and professional investors, as well as institutions, including municipal and university libraries, and investment firms. Value Line, Inc. was founded in 1931 and is headquartered in New York, New York. Value Line, Inc. is a subsidiary of Arnold Bernhard & Co, Inc.

Earnings Per Share

As for profitability, Value Line has a trailing twelve months EPS of $1.96.

PE Ratio

Value Line has a trailing twelve months price to earnings ratio of 21.32. Meaning, the purchaser of the share is investing $21.32 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 22.41%.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Value Line’s stock is considered to be overbought (>=80).

Volume

Today’s last reported volume for Value Line is 1111 which is 64.71% below its average volume of 3149.

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10. Ontrak (OTRK) – Dividend Yield: 2.62%

Ontrak’s last close was $0.70, 92.93% below its 52-week high of $9.90. Intraday change was -13.13%.

Ontrak, Inc. operates as an artificial intelligence powered, telehealth-enabled, and virtualized healthcare company that provides in-person services to third-party payors in the United States. Its technology-enabled platform predicts people whose chronic disease will improve with behavior change, recommends effective care pathways that people are willing to follow, and engages and guides them to and through the care they need. The company's technology enabled OnTrak program provides healthcare solutions to members with behavioral conditions that cause or exacerbate chronic medical conditions, such as diabetes, hypertension, coronary artery disease, chronic obstructive pulmonary disease, and congestive heart failure. The OnTrak integrates evidence-based psychosocial and medical interventions delivered in-person or via telehealth along with care coaching and in-market community care coordinators, who address the social and environmental determinants of health. The company was formerly known as Catasys, Inc. and changed its name to Ontrak, Inc. in July 2020. The company was incorporated in 2003 and is headquartered in Henderson, Nevada.

Earnings Per Share

As for profitability, Ontrak has a trailing twelve months EPS of $-9.83.

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 -360.95%.

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