Marine Petroleum Trust, Alexandria Real Estate Equities, Another 3 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Marine Petroleum Trust (MARPS), Alexandria Real Estate Equities (ARE), M&T Bank (MTB) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Marine Petroleum Trust (MARPS) 10.91% 2023-05-27 13:13:07
Alexandria Real Estate Equities (ARE) 4.35% 2023-05-28 03:15:53
M&T Bank (MTB) 4.21% 2023-05-28 03:19:37
Blackrock MuniHoldings Fund (MHD) 3.75% 2023-05-21 15:23:07
Cardinal Health (CAH) 2.36% 2023-05-28 03:16:22

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. Marine Petroleum Trust (MARPS) – Dividend Yield: 10.91%

Marine Petroleum Trust’s last close was $7.49, 34.87% below its 52-week high of $11.50. Intraday change was 2.88%.

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 9.73. Meaning, the purchaser of the share is investing $9.73 for every dollar of annual earnings.

Moving Average

Marine Petroleum Trust’s value is above its 50-day moving average of $7.38 and under its 200-day moving average of $8.00.

More news about Marine Petroleum Trust.

2. Alexandria Real Estate Equities (ARE) – Dividend Yield: 4.35%

Alexandria Real Estate Equities’s last close was $111.77, 35.26% under its 52-week high of $172.65. Intraday change was 0.72%.

Alexandria Real Estate Equities, Inc. (NYSE: ARE), an S&P 500® company, is a best-in-class, mission-driven life science REIT making a positive and lasting impact on the world. As the pioneer of the life science real estate niche since its founding in 1994, Alexandria is the preeminent and longest-tenured owner, operator, and developer of collaborative life science, agtech, and technology campuses in AAA innovation cluster locations, including Greater Boston, the San Francisco Bay Area, New York City, San Diego, Seattle, Maryland, and Research Triangle. The trusted partner to approximately 1,000 tenants, Alexandria has a total market capitalization of $35.0 billion and an asset base in North America of 74.6 million square feet ("SF") as of December 31, 2022, which includes 41.8 million RSF of operating properties and 5.6 million RSF of Class A properties undergoing construction, 9.9 million RSF of near-term and intermediate-term development and redevelopment projects, and 17.3 million SF of future development projects. Alexandria has a longstanding and proven track record of developing Class A properties clustered in life science, agtech, and technology campuses that provide our innovative tenants with highly dynamic and collaborative environments that enhance their ability to successfully recruit and retain world-class talent and inspire productivity, efficiency, creativity, and success. Alexandria also provides strategic capital to transformative life science, agrifoodtech, climate innovation, and technology companies through our venture capital platform. We believe our unique business model and diligent underwriting ensure a high-quality and diverse tenant base that results in higher occupancy levels, longer lease terms, higher rental income, higher returns, and greater long-term asset value.

Earnings Per Share

As for profitability, Alexandria Real Estate Equities has a trailing twelve months EPS of $4.58.

PE Ratio

Alexandria Real Estate Equities has a trailing twelve months price to earnings ratio of 24.46. Meaning, the purchaser of the share is investing $24.46 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 4.24%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Alexandria Real Estate Equities’s EBITDA is 11.57.

Volatility

Alexandria Real Estate Equities’s last week, last month’s, and last quarter’s current intraday variation average was a negative 1.03%, a negative 0.37%, and a positive 1.71%.

Alexandria Real Estate Equities’s highest amplitude of average volatility was 2.02% (last week), 1.52% (last month), and 1.71% (last quarter).

More news about Alexandria Real Estate Equities.

3. M&T Bank (MTB) – Dividend Yield: 4.21%

M&T Bank’s last close was $123.60, 36.1% under its 52-week high of $193.42. Intraday change was 1.33%.

M&T Bank Corporation operates as a bank holding company for Manufacturers and Traders Trust Company and Wilmington Trust, National Association that offer retail and commercial banking products and services in the United States. The company's Business Banking segment offers deposit, lending, cash management, and other financial services to small businesses and professionals. Its Commercial Banking segment provides deposit products, commercial lending and leasing, letters of credit, and cash management services for middle-market and large commercial customers. The company's Commercial Real Estate segment originates, sells, and services commercial real estate loans; and offers deposit, and credit services. Its Discretionary Portfolio segment provides deposits, securities, residential real estate loans, and other assets; and short and long term borrowed funds, as well as foreign exchange services. The company's Residential Mortgage Banking segment offers residential real estate loans for consumers and sells those loans in the secondary market; and purchases servicing rights to loans, and sub-services residential real estate loans for others. Its Retail Banking segment offers demand, savings, and time accounts; consumer installment loans, automobile and recreational finance loans, home equity loans and lines of credit, and credit cards; mutual funds and annuities; and other services. The company also provides trust and wealth management; fiduciary and custodial; insurance agency; institutional brokerage and securities; and investment management and advisory services; financial management, and planning, leasing, and financing services. It offers its services through banking offices, business banking centers, telephone and internet banking, and automated teller machines. M&T Bank Corporation was founded in 1856 and is headquartered in Buffalo, New York.

Earnings Per Share

As for profitability, M&T Bank has a trailing twelve months EPS of $12.91.

PE Ratio

M&T Bank has a trailing twelve months price to earnings ratio of 9.5. Meaning, the purchaser of the share is investing $9.5 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 10.78%.

Volume

Today’s last reported volume for M&T Bank is 589276 which is 71.84% below its average volume of 2092830.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, M&T Bank’s stock is considered to be oversold (<=20).

More news about M&T Bank.

4. Blackrock MuniHoldings Fund (MHD) – Dividend Yield: 3.75%

Blackrock MuniHoldings Fund’s last close was $11.37, 17.55% below its 52-week high of $13.79. Intraday change was -1.47%.

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 $-2.27.

More news about Blackrock MuniHoldings Fund.

5. Cardinal Health (CAH) – Dividend Yield: 2.36%

Cardinal Health’s last close was $82.83, 4.83% under its 52-week high of $87.03. Intraday change was -1.66%.

Cardinal Health, Inc. operates as an integrated healthcare services and products company in the United States, Canada, Europe, Asia, and internationally. It provides customized solutions for hospitals, healthcare systems, pharmacies, ambulatory surgery centers, clinical laboratories, physician offices, and patients in the home. The company operates in two segments, Pharmaceutical and Medical. The Pharmaceutical segment distributes branded and generic pharmaceutical, specialty pharmaceutical, and over-the-counter healthcare and consumer products. The segment also provides services to pharmaceutical manufacturers and healthcare providers for specialty pharmaceutical products; operates nuclear pharmacies and radiopharmaceutical manufacturing facilities; repackages generic pharmaceuticals and over-the-counter healthcare products; and offers medication therapy management and patient outcomes services to hospitals, other healthcare providers, and payers, as well as provides pharmacy management services to hospitals. The Medical segment manufactures, sources, and distributes Cardinal Health branded medical, surgical, and laboratory products and devices that include exam and surgical gloves; needles, syringe, and sharps disposals; compressions; incontinences; nutritional delivery products; wound care products; single-use surgical drapes, gowns, and apparels; fluid suction and collection systems; urology products; operating room supply products; and electrode product lines. The segment also distributes a range of national brand products, including medical, surgical, and laboratory products; provides supply chain services and solutions to hospitals, ambulatory surgery centers, clinical laboratories, and other healthcare providers; and assembles and sells sterile, and non-sterile procedure kits. The company was incorporated in 1979 and is headquartered in Dublin, Ohio.

Earnings Per Share

As for profitability, Cardinal Health has a trailing twelve months EPS of $1.7.

PE Ratio

Cardinal Health has a trailing twelve months price to earnings ratio of 48.99. Meaning, the purchaser of the share is investing $48.99 for every dollar of annual earnings.

More news about Cardinal Health.

Leave a Reply

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