(VIANEWS) – Mesa Royalty Trust (MTR), Babson Capital Corporate Investors (MCI), Gladstone Commercial Corporation (GOODN) have the highest dividend yield stocks on this list.
| Financial Asset | Forward Dividend Yield | Updated (EST) |
|---|---|---|
| Mesa Royalty Trust (MTR) | 13.21% | 2023-12-03 19:55:25 |
| Babson Capital Corporate Investors (MCI) | 8.55% | 2023-12-03 14:09:25 |
| Gladstone Commercial Corporation (GOODN) | 8.1% | 2023-12-08 16:42:06 |
| MainStay DefinedTerm Municipal Opportunities Fund (MMD) | 5.41% | 2023-12-03 17:11:06 |
| International Paper Company (IP) | 4.97% | 2023-12-20 12:21:11 |
| Independent Bank Group (IBTX) | 3.55% | 2023-12-08 23:15:06 |
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. Mesa Royalty Trust (MTR) – Dividend Yield: 13.21%
Mesa Royalty Trust’s last close was $18.00, 38.98% below its 52-week high of $29.50. Intraday change was -1.42%.
Mesa Royalty Trust owns net overriding royalty interests in various oil and gas producing properties in the United States. The company has interests in properties located in the Hugoton field of Kansas; and the San Juan Basin of Northwestern New Mexico and Southwestern Colorado. Mesa Royalty Trust was founded in 1979 and is based in Houston, Texas.
Earnings Per Share
As for profitability, Mesa Royalty Trust has a trailing twelve months EPS of $2.4.
PE Ratio
Mesa Royalty Trust has a trailing twelve months price to earnings ratio of 7.5. Meaning, the purchaser of the share is investing $7.5 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 163.32%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 73.6%, now sitting on 5.04M for the twelve trailing months.
More news about Mesa Royalty Trust.
2. Babson Capital Corporate Investors (MCI) – Dividend Yield: 8.55%
Babson Capital Corporate Investors’s last close was $17.30, 2.2% under its 52-week high of $17.69. Intraday change was 0.87%.
Babson Capital Corporate Investors trust is a closed ended fixed income mutual fund launched and managed by Barings LLC. It invests in fixed income markets of the United States. The fund seeks to invest in securities of companies operating across diversified sectors. It primarily invests in a portfolio of privately placed, below-investment grade, long term corporate debt obligations. The fund also invests in marketable investment grade debt securities, other marketable debt securities, and marketable common stocks. It was formerly known as Babson Capital Corporate Investors. Babson Capital Corporate Investors trust was formed in 1971 and is domiciled in the United States.
Earnings Per Share
As for profitability, Babson Capital Corporate Investors has a trailing twelve months EPS of $1.57.
PE Ratio
Babson Capital Corporate Investors has a trailing twelve months price to earnings ratio of 11.02. Meaning, the purchaser of the share is investing $11.02 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 9.39%.
More news about Babson Capital Corporate Investors.
3. Gladstone Commercial Corporation (GOODN) – Dividend Yield: 8.1%
Gladstone Commercial Corporation’s last close was $20.46, 15.24% below its 52-week high of $24.14. Intraday change was -1.25%.
Gladstone Commercial Corporation is a real estate investment trust focused on acquiring, owning, and operating net leased industrial and office properties across the United States. Including payments through September 2020, Gladstone Commercial has paid 189 consecutive monthly cash distributions on its common stock. Prior to paying distributions on a monthly basis, Gladstone Commercial paid five consecutive quarterly cash distributions. The company has also paid 53 consecutive monthly cash distributions on its Series D Preferred Stock, 12 consecutive monthly cash distributions on its Series E Preferred Stock and three consecutive monthly cash distributions on its Series F Preferred Stock. Gladstone Commercial has never skipped, reduced or deferred a distribution since its inception in 2003.
Earnings Per Share
As for profitability, Gladstone Commercial Corporation has a trailing twelve months EPS of $-0.03.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 0.49%.
More news about Gladstone Commercial Corporation.
4. MainStay DefinedTerm Municipal Opportunities Fund (MMD) – Dividend Yield: 5.41%
MainStay DefinedTerm Municipal Opportunities Fund’s last close was $15.81, 12.65% under its 52-week high of $18.10. Intraday change was 0.25%.
MainStay DefinedTerm Municipal Opportunities Fund is a closed-ended fixed income mutual fund launched and managed by New York Life Investment Management LLC. The fund is co-managed by MacKay Shields LLC. It invests in the fixed income markets of the United States. The fund primarily invests in investment grade municipal bonds which are exempt from regular U.S. Federal income taxes. It benchmarks the performance of its portfolio against the Barclays Municipal Bond Index. MainStay DefinedTerm Municipal Opportunities Fund was formed on June 26, 2012 and is domiciled in the United States.
Earnings Per Share
As for profitability, MainStay DefinedTerm Municipal Opportunities Fund has a trailing twelve months EPS of $-0.3.
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 -1.7%.
Moving Average
MainStay DefinedTerm Municipal Opportunities Fund’s worth is higher than its 50-day moving average of $15.21 and below its 200-day moving average of $16.54.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Dec 13, 2023, the estimated forward annual dividend rate is 0.86 and the estimated forward annual dividend yield is 5.41%.
Yearly Top and Bottom Value
MainStay DefinedTerm Municipal Opportunities Fund’s stock is valued at $15.81 at 01:15 EST, way under its 52-week high of $18.10 and way higher than its 52-week low of $14.30.
More news about MainStay DefinedTerm Municipal Opportunities Fund.
5. International Paper Company (IP) – Dividend Yield: 4.97%
International Paper Company’s last close was $36.86, 12.01% below its 52-week high of $41.89. Intraday change was 0.03%.
International Paper Company produces renewable fiber-based packaging and pulp products in North America, Latin America, Europe, and North Africa. It operates through Industrial Packaging and Global Cellulose Fibers segment. The company's Industrial Packaging segment manufactures containerboards, including linerboard, medium, whitetop, recycled linerboard, recycled medium, and saturating kraft. Its Global Cellulose Fibers segment provides fluff, market, and specialty pulps that are used in absorbent hygiene products, such as baby diapers, feminine care, adult incontinence, and other non-woven products; tissue and paper products; and non-absorbent end applications, including textiles, filtration, construction material, paints and coatings applications. In addition, it sells its products directly to end users and converters, as well as through agents, resellers, and distributors. The company was founded in 1898 and is headquartered in Memphis, Tennessee.
Earnings Per Share
As for profitability, International Paper Company has a trailing twelve months EPS of $2.18.
PE Ratio
International Paper Company has a trailing twelve months price to earnings ratio of 16.91. Meaning, the purchaser of the share is investing $16.91 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 8.24%.
Volatility
International Paper Company’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.06%, a positive 0.66%, and a positive 1.31%.
International Paper Company’s highest amplitude of average volatility was 1.43% (last week), 1.44% (last month), and 1.31% (last quarter).
Sales Growth
International Paper Company’s sales growth is negative 9% for the current quarter and negative 4.9% for the next.
More news about International Paper Company.
6. Independent Bank Group (IBTX) – Dividend Yield: 3.55%
Independent Bank Group’s last close was $42.87, 34.27% below its 52-week high of $65.22. Intraday change was 1.16%.
Independent Bank Group, Inc. operates as the bank holding company for Independent Bank that provides various commercial banking products and services to businesses, professionals, and individuals in the United States. It accepts various deposit products, including checking and savings accounts, demand deposits, money market accounts, and certificates of deposit. The company also provides commercial real estate loans; commercial construction, land, and land development loans; residential real estate loans; single-family interim construction loans; commercial loans comprising SBA guaranteed loans, business term loans, equipment lease financing, lines of credit, and energy related loans; agricultural loans for farmers and ranchers; consumer installment loans comprising loans to purchase cars, boats, and other recreational vehicles; and residential mortgages. In addition, it offers debit cards, online and mobile banking, eStatement, bank-by-mail, and direct deposit services; and business accounts and management services, including analyzed business checking, business savings, and treasury management services. As of December 31, 2020, the company operated 93 branches. Independent Bank Group, Inc. was founded in 2002 and is headquartered in McKinney, Texas.
Earnings Per Share
As for profitability, Independent Bank Group has a trailing twelve months EPS of $1.68.
PE Ratio
Independent Bank Group has a trailing twelve months price to earnings ratio of 25.52. Meaning, the purchaser of the share is investing $25.52 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 2.95%.
More news about Independent Bank Group.
