Marine Petroleum Trust, Advent Claymore Convertible Securities And Income Fund, Another 6 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Marine Petroleum Trust (MARPS), Advent Claymore Convertible Securities and Income Fund (AVK), Allianceberstein Holding L.P. Units (AB) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Marine Petroleum Trust (MARPS) 13.22% 2023-09-11 11:10:07
Advent Claymore Convertible Securities and Income Fund (AVK) 12.36% 2023-09-02 21:13:06
Allianceberstein Holding L.P. Units (AB) 8.43% 2023-09-02 13:08:06
First BanCorp. New (FBP) 3.89% 2023-09-04 05:09:07
Novartis AG (NVS) 3.54% 2023-09-14 12:58:12
MVB Financial Corp. (MVBF) 2.85% 2023-08-31 05:07:07
Smith & Nephew (SNN) 2.8% 2023-09-14 13:38:40
Archer (ADM) 2.23% 2023-09-14 13:34:10

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. Marine Petroleum Trust (MARPS) – Dividend Yield: 13.22%

Marine Petroleum Trust’s last close was $4.81, 56.07% below its 52-week high of $10.95. Intraday change was 0.83%.

Marine Petroleum Trust, together with its subsidiary, Marine Petroleum Corporation, operates as a royalty trust in the United States. As of June 30, 2020, it had an overriding royalty interest in 59 oil and natural gas leases covering an aggregate of 217,056 gross acres located in the Central and Western areas of the Gulf of Mexico off the coasts of Louisiana and Texas. The company was founded in 1956 and is based in Dallas, Texas.

Earnings Per Share

As for profitability, Marine Petroleum Trust has a trailing twelve months EPS of $0.77.

PE Ratio

Marine Petroleum Trust has a trailing twelve months price to earnings ratio of 6.3. Meaning, the purchaser of the share is investing $6.3 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 150.83%.

Moving Average

Marine Petroleum Trust’s worth is under its 50-day moving average of $5.34 and way below its 200-day moving average of $6.93.

Revenue Growth

Year-on-year quarterly revenue growth declined by 35.3%, now sitting on 1.82M for the twelve trailing months.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Aug 29, 2023, the estimated forward annual dividend rate is 0.64 and the estimated forward annual dividend yield is 13.22%.

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2. Advent Claymore Convertible Securities and Income Fund (AVK) – Dividend Yield: 12.36%

Advent Claymore Convertible Securities and Income Fund’s last close was $11.41, 17.2% below its 52-week high of $13.78. Intraday change was 0.26%.

Advent Claymore Convertible Securities and Income Fund is a closed-ended fixed income mutual fund launched and managed by Advent Capital Management, LLC. The fund primarily invests in the fixed income markets of the United States. It seeks to invest in securities of companies operating across the diversified sectors. The fund invests approximately 60% of its portfolio in convertible securities and rest in lower-grade non-convertible income securities. It employs fundamental analysis to create its portfolio. Advent Claymore Convertible Securities and Income Fund was formed on April 29, 2003 and is domiciled in the United States.

Earnings Per Share

As for profitability, Advent Claymore Convertible Securities and Income Fund has a trailing twelve months EPS of $-1.13.

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 -8.24%.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Aug 13, 2023, the estimated forward annual dividend rate is 1.41 and the estimated forward annual dividend yield is 12.36%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 37.9%, now sitting on 32.27M for the twelve trailing months.

Yearly Top and Bottom Value

Advent Claymore Convertible Securities and Income Fund’s stock is valued at $11.41 at 10:15 EST, way under its 52-week high of $13.78 and way higher than its 52-week low of $10.34.

Volume

Today’s last reported volume for Advent Claymore Convertible Securities and Income Fund is 99978 which is 3.81% above its average volume of 96301.

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3. Allianceberstein Holding L.P. Units (AB) – Dividend Yield: 8.43%

Allianceberstein Holding L.P. Units’s last close was $31.21, 29.83% under its 52-week high of $44.48. Intraday change was 0.77%.

AllianceBernstein Holding L.P. is publicly owned investment manager. The firm also provides research services to its clients. It provides its services to investment companies, pension and profit sharing plans, banks and thrift institutions, trusts, estates, government agencies, charitable organizations, individuals, corporations, and other business entities. The firm invests in public equity, fixed income, and alternative investment markets across the globe. It employs long/short strategy to make its investments. The firm conducts in-house research to make its investments. AllianceBernstein Holding L.P. was founded in 1987 and is based in New York, New York.

Earnings Per Share

As for profitability, Allianceberstein Holding L.P. Units has a trailing twelve months EPS of $2.26.

PE Ratio

Allianceberstein Holding L.P. Units has a trailing twelve months price to earnings ratio of 13.81. Meaning, the purchaser of the share is investing $13.81 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 14.16%.

Moving Average

Allianceberstein Holding L.P. Units’s worth is below its 50-day moving average of $31.74 and way under its 200-day moving average of $35.41.

Sales Growth

Allianceberstein Holding L.P. Units’s sales growth is 2.1% for the present quarter and 13.2% for the next.

Yearly Top and Bottom Value

Allianceberstein Holding L.P. Units’s stock is valued at $31.21 at 10:15 EST, way under its 52-week high of $44.48 and higher than its 52-week low of $29.05.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is 3.1% and 7.1%, respectively.

More news about Allianceberstein Holding L.P. Units.

4. First BanCorp. New (FBP) – Dividend Yield: 3.89%

First BanCorp. New’s last close was $14.41, 11.21% below its 52-week high of $16.23. Intraday change was 3.97%.

First BanCorp. operates as a bank holding company for FirstBank Puerto Rico that provides various financial services for retail, commercial, and institutional clients. The company operates through six segments: Commercial and Corporate Banking, Mortgage Banking, Consumer (Retail) Banking, Treasury and Investments, United States Operations, and Virgin Islands Operations. The Commercial and Corporate Banking segment offers commercial loans, including commercial real estate and construction loans and floor plan financings; and other products, such as cash management and business management services. The Mortgage Banking segment engages in the origination, sale, and servicing of various residential mortgage loans; acquisition and sale of mortgages in the secondary markets; and purchase of mortgage loans from other local banks and mortgage bankers. The Consumer (Retail) Banking segment provides auto, boat, credit card, and personal loans; lines of credit; deposit products comprising interest bearing and non-interest bearing checking and savings accounts, individual retirement accounts, and retail certificates of deposit (CDs); and finance leasing and insurance agency services. The Treasury and Investments segment offers funding and liquidity management services. The United States Operations segment provides checking, savings, and money market accounts, as well as retail CDs; traditional commercial and industrial, and commercial real estate loans; and internet banking, cash management, remote deposit capture, and automated clearing house, and transactions services. The Virgin Islands Operations segment is involved in consumer, commercial lending, and deposit-taking activities. The company operates 64 branches in Puerto Rico, 8 branches in the U.S. Virgin Islands and British Virgin Islands, and 11 branches in the state of Florida. First BanCorp. was founded in 1948 and is headquartered in San Juan, Puerto Rico.

Earnings Per Share

As for profitability, First BanCorp. New has a trailing twelve months EPS of $1.63.

PE Ratio

First BanCorp. New has a trailing twelve months price to earnings ratio of 8.84. Meaning, the purchaser of the share is investing $8.84 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 19.56%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 3.9%, now sitting on 867.77M for the twelve trailing months.

More news about First BanCorp. New.

5. Novartis AG (NVS) – Dividend Yield: 3.54%

Novartis AG’s last close was $101.83, 3.58% under its 52-week high of $105.61. Intraday change was 1.06%.

Novartis AG researches, develops, manufactures, and markets healthcare products in Switzerland and internationally. The company operates through two segments: Innovative Medicines and Sandoz. The Innovative Medicines segment offers prescription medicines for patients and physicians. It also provides cardiovascular, ophthalmology, neuroscience, immunology, hematology, and solid tumor products. The Sandoz segment develops, manufactures, and markets finished dosage forms of small molecule pharmaceuticals to third parties. It also provides protein- or other biotechnology-based products, including biosimilars; and biotechnology manufacturing services; and anti-infectives, such as active pharmaceutical ingredients and intermediates primarily antibiotics. Novartis AG has a license and collaboration agreement with Alnylam Pharmaceuticals to develop, manufacture, and commercialize inclisiran, a therapy to reduce LDL cholesterol. Novartis AG was incorporated in 1996 and is headquartered in Basel, Switzerland.

Earnings Per Share

As for profitability, Novartis AG has a trailing twelve months EPS of $3.6.

PE Ratio

Novartis AG has a trailing twelve months price to earnings ratio of 28.29. Meaning, the purchaser of the share is investing $28.29 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 13.31%.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is 11.4% and 9.9%, respectively.

More news about Novartis AG.

6. MVB Financial Corp. (MVBF) – Dividend Yield: 2.85%

MVB Financial Corp.’s last close was $24.27, 24.95% under its 52-week high of $32.34. Intraday change was 1.8%.

MVB Financial Corp., through its subsidiaries, provides financial services to individuals and corporate clients. The company operates through five segments: CoRe Banking, Mortgage Banking, Professional Services, Edge Ventures, and The Financial Holding Company. It offers various demand deposit accounts, savings accounts, money market accounts, and certificates of deposit; and commercial, consumer, and real estate mortgage loans, as well as lines of credit. The company also provides debit cards; cashier's checks; safe deposit rental facilities; and non-deposit investment services, as well as financial technology (Fintech) banking services. In addition, it offers title insurance; and integrated regulatory compliance, state licensing, financial crimes prevention, and enterprise risk management services that include consulting, outsourcing, testing, and training solutions. Further, the company offers a customizable suite of fraud prevention services for merchants, credit agencies, Fintech companies, and other vendors; and consulting for the development of online and mobile banking platforms, and digital products for Fintech companies, as well as develops software. It operates full-service branches in West Virginia and Virginia. MVB Financial Corp. was founded in 1997 and is based in Fairmont, West Virginia.

Earnings Per Share

As for profitability, MVB Financial Corp. has a trailing twelve months EPS of $1.64.

PE Ratio

MVB Financial Corp. has a trailing twelve months price to earnings ratio of 14.8. Meaning, the purchaser of the share is investing $14.8 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 7.83%.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Aug 30, 2023, the estimated forward annual dividend rate is 0.68 and the estimated forward annual dividend yield is 2.85%.

Growth Estimates Quarters

The company’s growth estimates for the current quarter is 185.7% and a drop 4% for the next.

Revenue Growth

Year-on-year quarterly revenue growth grew by 30%, now sitting on 146.57M for the twelve trailing months.

Moving Average

MVB Financial Corp.’s value is higher than its 50-day moving average of $23.76 and way higher than its 200-day moving average of $22.06.

More news about MVB Financial Corp..

7. Smith & Nephew (SNN) – Dividend Yield: 2.8%

Smith & Nephew’s last close was $26.46, 20.04% under its 52-week high of $33.09. Intraday change was -0.7%.

Smith & Nephew plc, together with its subsidiaries, develops, manufactures, markets, and sells medical devices and services in the United Kingdom and internationally. The company operates through three segments: Orthopaedics, Sports Medicine & ENT, and Advanced Wound Management. The company offers knee implant products for knee replacement procedures; hip implants for revision procedures; and trauma and extremities products that include internal and external devices used in the stabilization of severe fractures and deformity correction procedures. It also provides sports medicine joint repair products, including instruments, technologies, and implants to perform minimally invasive surgery of the joints, such as the repair of soft tissue injuries and degenerative conditions of the shoulder, knee, hip, and small joints. In addition, the company offers arthroscopic enabling technologies comprising fluid management equipment for surgical access, high-definition cameras, digital image capture, scopes, light sources, and monitors to assist with visualization inside the joints, radio frequency, electromechanical and mechanical tissue resection devices, and hand instruments for removing damaged tissue; and ear, nose, and throat solutions. Further, it provides advanced wound care products for the treatment and prevention of acute and chronic wounds, which comprise leg wounds, diabetic and pressure ulcers, burns, and post-operative wounds; advanced wound bioactives, such as biologics and other bioactive technologies for debridement and dermal repair/regeneration, as well as regenerative medicine products, including skin, bone graft, and articular cartilage substitutes; and advanced wound devices, such as traditional and single-use negative pressure wound therapy, and hydrosurgery systems. It primarily serves the healthcare providers. Smith & Nephew plc was founded in 1856 and is headquartered in Watford, the United Kingdom.

Earnings Per Share

As for profitability, Smith & Nephew has a trailing twelve months EPS of $0.5.

PE Ratio

Smith & Nephew has a trailing twelve months price to earnings ratio of 52.81. Meaning, the purchaser of the share is investing $52.81 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 4.1%.

Volume

Today’s last reported volume for Smith & Nephew is 826327 which is 4.99% above its average volume of 787050.

Moving Average

Smith & Nephew’s value is way under its 50-day moving average of $29.83 and under its 200-day moving average of $28.99.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Mar 29, 2023, the estimated forward annual dividend rate is 0.75 and the estimated forward annual dividend yield is 2.8%.

Volatility

Smith & Nephew’s last week, last month’s, and last quarter’s current intraday variation average was a positive 0.05%, a negative 0.12%, and a positive 0.99%.

Smith & Nephew’s highest amplitude of average volatility was 0.83% (last week), 0.78% (last month), and 0.99% (last quarter).

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8. Archer (ADM) – Dividend Yield: 2.23%

Archer’s last close was $80.65, 17.94% under its 52-week high of $98.28. Intraday change was 1.49%.

Archer-Daniels-Midland Company procures, transports, stores, processes, and merchandises agricultural commodities, products, and ingredients in the United States, Switzerland, the Cayman Islands, Brazil, Mexico, Canada, the United Kingdom, and internationally. The company operates in three segments: Ag Services and Oilseeds, Carbohydrate Solutions, and Nutrition. It originates, merchandises, stores, and transports agricultural raw materials, such as oilseeds and soft seeds. The company also engages in the agricultural commodity and feed product import, export, and distribution; and structured trade finance activities. In addition, it offers vegetable oils and protein meals; ingredients for the food, feed, energy, and industrial customers; crude vegetable oils, salad oils, margarine, shortening, and other food products; and partially refined oils to produce biodiesel and glycols for use in chemicals, paints, and other industrial products. Further, the company provides peanuts, peanut-derived ingredients, and cotton cellulose pulp; sweeteners, corn and wheat starches, syrup, glucose, wheat flour, and dextrose; alcohol and other food and animal feed ingredients; ethyl alcohol and ethanol; corn gluten feed and meal; distillers' grains; and citric acids. Additionally, the company provides natural flavors, flavor systems, natural colors, proteins, emulsifiers, soluble fiber, polyols, hydrocolloids, probiotics, prebiotics, enzymes, and botanical extracts; and other specialty food and feed ingredients; edible beans; formula feeds, and animal health and nutrition products; and contract and private label pet treats and foods. It also offers futures commission merchant; commodity brokerage services; cash margins and securities pledged to commodity exchange clearinghouses; and cash pledged as security under certain insurance arrangements. The company was founded in 1902 and is headquartered in Chicago, Illinois.

Earnings Per Share

As for profitability, Archer has a trailing twelve months EPS of $7.5.

PE Ratio

Archer has a trailing twelve months price to earnings ratio of 10.78. Meaning, the purchaser of the share is investing $10.78 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 16.66%.

Sales Growth

Archer’s sales growth is 8.8% for the ongoing quarter and negative 2.8% for the next.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on May 15, 2023, the estimated forward annual dividend rate is 1.8 and the estimated forward annual dividend yield is 2.23%.

Yearly Top and Bottom Value

Archer’s stock is valued at $80.83 at 10:15 EST, way below its 52-week high of $98.28 and way higher than its 52-week low of $69.92.

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