Madison Covered Call & Equity Strategy Fund, Eaton Vance Risk, Another 2 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Madison Covered Call & Equity Strategy Fund (MCN), Eaton Vance Risk (ETJ), ARC Document Solutions (ARC) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Madison Covered Call & Equity Strategy Fund (MCN) 10.04% 2024-07-22 07:08:06
Eaton Vance Risk (ETJ) 8.98% 2024-07-20 22:43:05
ARC Document Solutions (ARC) 6.47% 2024-07-19 15:09:05
Stifel Financial Corporation (SF) 2.05% 2024-07-23 16:44:06

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. Madison Covered Call & Equity Strategy Fund (MCN) – Dividend Yield: 10.04%

Madison Covered Call & Equity Strategy Fund’s last close was $7.17, 7.12% under its 52-week high of $7.72. Intraday change was 0.28%.

Madison Covered Call & Equity Strategy Fund is a closed-ended equity mutual fund launched by Madison Investment Holdings, Inc. It is managed by Madison Asset Management, LLC. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in reasonably priced growth (GARP) stocks of large and mid-cap companies. It also writes covered call options to make its investments. The fund employs fundamental analysis with a bottom-up stock picking approach, focusing on such factors as PEG ratios (price-earnings ratio to growth rate), financial strength, and industry leadership to create its portfolio. It benchmarks the performance of its portfolio against the CBOE S&P 500 Buy/Write Index. The fund conducts in-house research to make its investments. It was formerly known as Madison/Claymore Covered Call & Equity Strategy Fund. Madison Covered Call & Equity Strategy Fund was formed on May 6, 2004 and is domiciled in the United States.

Earnings Per Share

As for profitability, Madison Covered Call & Equity Strategy Fund has a trailing twelve months EPS of $0.73.

PE Ratio

Madison Covered Call & Equity Strategy Fund has a trailing twelve months price to earnings ratio of 9.82. Meaning, the purchaser of the share is investing $9.82 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 10.3%.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Jun 14, 2024, the estimated forward annual dividend rate is 0.72 and the estimated forward annual dividend yield is 10.04%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 43.9%, now sitting on 4.14M for the twelve trailing months.

Volume

Today’s last reported volume for Madison Covered Call & Equity Strategy Fund is 11676 which is 70.42% below its average volume of 39485.

More news about Madison Covered Call & Equity Strategy Fund.

2. Eaton Vance Risk (ETJ) – Dividend Yield: 8.98%

Eaton Vance Risk’s last close was $8.61, 4.01% under its 52-week high of $8.97. Intraday change was -0.23%.

Eaton Vance Risk-Managed Diversified Equity Income Fund is a closed ended equity mutual fund launched and managed by Eaton Vance Management. The fund invests in the public equity markets of the United States. It primarily invests in common stocks and purchases out-of-the-money, short-dated S&P 500 index put options and sells out-of-the-money S&P 500 Index call options of the same term as the put options with roll dates that are staggered across the options portfolio. The fund invests in stocks of companies operating across diversified sectors. It benchmarks the performance of its portfolio against the S&P 500 Index and the Barclays U.S. Aggregate Bond Index. Eaton Vance Risk-Managed Diversified Equity Income Fund was formed on July 31, 2007 and is domiciled in the United States.

Earnings Per Share

As for profitability, Eaton Vance Risk has a trailing twelve months EPS of $1.2.

PE Ratio

Eaton Vance Risk has a trailing twelve months price to earnings ratio of 7.17. Meaning, the purchaser of the share is investing $7.17 for every dollar of annual earnings.

More news about Eaton Vance Risk.

3. ARC Document Solutions (ARC) – Dividend Yield: 6.47%

ARC Document Solutions’s last close was $3.09, 16.26% under its 52-week high of $3.69. Intraday change was -0.65%.

ARC Document Solutions, Inc., a reprographics company, provides document solutions worldwide. It offers managed print services, an onsite service that places, manages, and optimizes print and imaging equipment in customers' offices, job sites, and other facilities; construction document and information management services, which consists of professional services to manage and distribute documents and information primarily related to construction projects and related project-based businesses; and archive and information management services that combines software and professional services to facilitate the capture, management, access, and retrieval of documents and information. The company also resells printing, imaging, and related equipment primarily to architectural, engineering, and construction firms, as well as provides ancillary services, such as equipment service and maintenance; and offers specialized color printing comprising color printing, finishing and assembly of graphic materials for regional and national retailers, franchises, marketing departments, theme parks, and cultural institutions. In addition, it develops and offers Web-based document management applications, such as SKYSITE, Planwell, and Abacus that facilitates project collaboration, manage print networks, track equipment fleets, create and maintain project document archives, and other document and content management tasks. Further, the company operates 173 offsite service centers that provides its customers with project-related printing of construction documents. It serves senior management teams, information technology and procurement departments, project architects, engineers, general contractors, facilities managers, marketing managers, and others. The company was formerly known as American Reprographics Company and changed its name to ARC Document Solutions, Inc. in 2012. ARC Document Solutions, Inc. was founded in 1960 is headquartered in San Ramon, California.

Earnings Per Share

As for profitability, ARC Document Solutions has a trailing twelve months EPS of $0.2.

PE Ratio

ARC Document Solutions has a trailing twelve months price to earnings ratio of 15.35. Meaning, the purchaser of the share is investing $15.35 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 5.49%.

More news about ARC Document Solutions.

4. Stifel Financial Corporation (SF) – Dividend Yield: 2.05%

Stifel Financial Corporation’s last close was $82.01, 5.35% under its 52-week high of $86.65. Intraday change was 0.43%.

Stifel Financial Corp., a financial services and bank holding company, provides retail and institutional wealth management, and investment banking services to individual investors, corporations, municipalities, and institutions in the United States and internationally. It operates in three segments: Global Wealth Management, Institutional Group, and Other. The company provides private client services, including securities transaction and financial planning services; institutional equity and fixed income sales, trading and research, and municipal finance services; investment banking services, such as mergers and acquisitions, public offerings, and private placements; and retail and commercial banking services comprising personal and commercial lending programs, as well as deposit accounts. It participates in and manages underwritings for corporate and public finance; and offers financial advisory and securities brokerage services. The company was founded in 1890 and is headquartered in Saint Louis, Missouri.

Earnings Per Share

As for profitability, Stifel Financial Corporation has a trailing twelve months EPS of $4.4.

PE Ratio

Stifel Financial Corporation has a trailing twelve months price to earnings ratio of 18.72. Meaning, the purchaser of the share is investing $18.72 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 9.97%.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is 28.3% and 181.7%, respectively.

More news about Stifel Financial Corporation.

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