Lazard Global Total Return And Income Fund, Western Asset Bond Fund Share Of Beneficial Interest, Another 2 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Lazard Global Total Return and Income Fund (LGI), Western Asset Bond Fund Share of Beneficial Interest (WEA), Atlantic Union Bankshares Corporation (AUB) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Lazard Global Total Return and Income Fund (LGI) 7.93% 2024-02-12 04:43:06
Western Asset Bond Fund Share of Beneficial Interest (WEA) 7.71% 2024-02-14 15:14:05
Atlantic Union Bankshares Corporation (AUB) 3.74% 2024-02-03 22:23:06
Packaging Corporation of America (PKG) 2.97% 2024-02-13 07:15:06

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. Lazard Global Total Return and Income Fund (LGI) – Dividend Yield: 7.93%

Lazard Global Total Return and Income Fund’s last close was $15.83, 1.55% below its 52-week high of $16.08. Intraday change was 1.02%.

Lazard Global Total Return and Income Fund, Inc. is a closed ended balanced mutual fund launched and managed by Lazard Asset Management LLC. It invests in public equity and fixed income markets across the globe. The fund primarily invests in stocks of companies with market capitalization over $5 billion. It makes its fixed income investments in short duration market forward currency contracts and other market debt instruments. The fund typically employs fundamental analysis with a bottom-up stock picking approach using its global equity strategy and emerging income strategy to create its portfolio. It considers factors like financial condition, cash flows, strong balance sheets, sustainability of returns, quality of management, competitive position, sensitivity to economic and market cycles, margin and sales trends, brand name strength, geographical breakdown, and macro environment for selecting individual securities. The fund benchmarks the performance of its portfolio against the MSCI World Index. Lazard Global Total Return and Income Fund, Inc. was formed on January 27, 2004 and is domiciled in the United States.

Earnings Per Share

As for profitability, Lazard Global Total Return and Income Fund has a trailing twelve months EPS of $2.79.

PE Ratio

Lazard Global Total Return and Income Fund has a trailing twelve months price to earnings ratio of 5.67. Meaning, the purchaser of the share is investing $5.67 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 16.58%.

Yearly Top and Bottom Value

Lazard Global Total Return and Income Fund’s stock is valued at $15.83 at 02:15 EST, under its 52-week high of $16.08 and way higher than its 52-week low of $12.66.

Volume

Today’s last reported volume for Lazard Global Total Return and Income Fund is 35518 which is 12.44% below its average volume of 40568.

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2. Western Asset Bond Fund Share of Beneficial Interest (WEA) – Dividend Yield: 7.71%

Western Asset Bond Fund Share of Beneficial Interest’s last close was $10.90, 3.45% under its 52-week high of $11.29. Intraday change was 0.31%.

Western Asset Premier Bond Fund is a closed-ended fixed income mutual fund launched and managed by Western Asset Management Company. The fund is co-managed by Western Asset Management Company Limited, Western Asset Management Company Pte. Ltd., and Western Asset Management Company Ltd. It invests in the fixed income markets of the United States. The fund primarily invests in investment grade bonds, including corporate bonds, U.S. government and agency securities, and mortgage related securities. It seeks to maintain an average duration of around two to three years with an average credit quality of BBB. The fund benchmarks the performance of its portfolio against the Barclays Capital U.S. Corporate High Yield Index and the Barclays Capital U.S. Credit Index. Western Asset Premier Bond Fund was formed on March 28, 2002 and is domiciled in the United States.

Earnings Per Share

As for profitability, Western Asset Bond Fund Share of Beneficial Interest has a trailing twelve months EPS of $0.6.

PE Ratio

Western Asset Bond Fund Share of Beneficial Interest has a trailing twelve months price to earnings ratio of 18.22. Meaning, the purchaser of the share is investing $18.22 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 5.36%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 10.7%, now sitting on 13.6M for the twelve trailing months.

Volatility

Western Asset Bond Fund Share of Beneficial Interest’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.46%, a negative 0.14%, and a positive 0.87%.

Western Asset Bond Fund Share of Beneficial Interest’s highest amplitude of average volatility was 0.82% (last week), 0.71% (last month), and 0.87% (last quarter).

Volume

Today’s last reported volume for Western Asset Bond Fund Share of Beneficial Interest is 24713 which is 20.84% below its average volume of 31222.

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3. Atlantic Union Bankshares Corporation (AUB) – Dividend Yield: 3.74%

Atlantic Union Bankshares Corporation’s last close was $34.18, 16.72% under its 52-week high of $41.04. Intraday change was 0.44%.

Atlantic Union Bankshares Corporation operates as the holding company for Atlantic Union Bank that provides banking and related financial services to consumers and businesses. It accepts various deposit products, including checking, savings, NOW, time deposit, and money market accounts, as well as certificates of deposit and other depository services. The company also offers loans for commercial, industrial, residential mortgage, and consumer purposes. In addition, it provides credit cards, automated teller machine (ATM) services, mobile and internet banking services, and online bill payment services, as well as financial planning, trust, and wealth management services. Further, the company offers securities, brokerage, and investment advisory products and services; and originates and sells residential loan products in the secondary market. As of February 16, 2021, it operated 129 branches and approximately 150 ATMs in Virginia, Maryland, and North Carolina. The company was formerly known as Union Bankshares Corporation and changed its name to Atlantic Union Bankshares Corporation in May 2019. Atlantic Union Bankshares Corporation was founded in 1902 and is headquartered in Richmond, Virginia.

Earnings Per Share

As for profitability, Atlantic Union Bankshares Corporation has a trailing twelve months EPS of $2.53.

PE Ratio

Atlantic Union Bankshares Corporation has a trailing twelve months price to earnings ratio of 13.51. Meaning, the purchaser of the share is investing $13.51 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 8.19%.

Moving Average

Atlantic Union Bankshares Corporation’s value is under its 50-day moving average of $34.54 and way above its 200-day moving average of $30.21.

Sales Growth

Atlantic Union Bankshares Corporation’s sales growth is 5.4% for the ongoing quarter and 26% for the next.

More news about Atlantic Union Bankshares Corporation.

4. Packaging Corporation of America (PKG) – Dividend Yield: 2.97%

Packaging Corporation of America’s last close was $168.21, 4.95% below its 52-week high of $176.97. Intraday change was -0.07%.

Packaging Corporation of America manufactures and sells containerboard and corrugated packaging products in the United States. The company operates through Packaging and Paper segments. The Packaging segment offers various containerboard and corrugated packaging products, such as conventional shipping containers used to protect and transport manufactured goods; multi-color boxes and displays that help to merchandise the packaged product in retail locations; and honeycomb protective packaging products, as well as packaging for meat, fresh fruit and vegetables, processed food, beverages, and other industrial and consumer products. This segment sells its corrugated products through a direct sales and marketing organization, independent brokers, and distribution partners. The Paper segment manufactures and sells commodity and specialty papers, as well as communication papers, including cut-size office papers, and printing and converting papers. This segment sells white papers through its sales and marketing organization. Packaging Corporation of America was founded in 1867 and is headquartered in Lake Forest, Illinois.

Earnings Per Share

As for profitability, Packaging Corporation of America has a trailing twelve months EPS of $8.48.

PE Ratio

Packaging Corporation of America has a trailing twelve months price to earnings ratio of 19.84. Meaning, the purchaser of the share is investing $19.84 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 20.26%.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Dec 15, 2023, the estimated forward annual dividend rate is 5 and the estimated forward annual dividend yield is 2.97%.

Volume

Today’s last reported volume for Packaging Corporation of America is 273677 which is 61.25% below its average volume of 706437.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is a negative 26.4% and a negative 4.8%, respectively.

More news about Packaging Corporation of America.

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