Mesabi Trust, TriplePoint Venture Growth BDC Corp., Another 8 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Mesabi Trust (MSB), TriplePoint Venture Growth BDC Corp. (TPVG), Guggenheim Build America Bonds Managed Duration Trust (GBAB) have the highest dividend yield stocks on this list.

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. Mesabi Trust (MSB) – Dividend Yield: 18.77%

Mesabi Trust’s last close was $25.37, 15.29% below its 52-week high of $29.95. Intraday change was -5.72%.

Mesabi Trust, a royalty trust, engages in the iron ore mining business in the United States. The company was founded in 1961 and is based in New York, New York.

Earnings Per Share

As for profitability, Mesabi Trust has a trailing twelve months EPS of $1.85.

PE Ratio

Mesabi Trust has a trailing twelve months price to earnings ratio of 13.71. Meaning, the purchaser of the share is investing $13.71 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 101.51%.

Moving Average

Mesabi Trust’s value is way above its 50-day moving average of $22.50 and above its 200-day moving average of $23.28.

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2. TriplePoint Venture Growth BDC Corp. (TPVG) – Dividend Yield: 12.84%

TriplePoint Venture Growth BDC Corp.’s last close was $10.75, 40.21% below its 52-week high of $17.98. Intraday change was 3.35%.

TriplePoint Venture Growth BDC Corp is a business development company specializing investments in growth stage. It also provides debt financing to venture growth space companies which includes growth capital loans, equipment financings, revolving loans, and direct equity investments. The fund seeks to invest in e-commerce, entertainment, technology and life sciences sector. Within technology the areas of focus include: Security, wireless communication equipments, network system and software, business applications software, conferencing equipments/services .big data, cloud computing, data storage, electronics, energy efficiency, hardware, information services, internet and media, networking, semiconductors, software, software as a service, and other technology related subsectors and within life sciences the areas of focus include: biotechnology, bio fuels/bio mass, diagnostic testing and bioinformatics, drug delivery, drug discovery, healthcare information systems, healthcare services, medical, surgical and therapeutic devices, pharmaceuticals and other life science related subsectors. Within growth capital loans it invests between $5 million and $50 million, for equipment financings it invests between $5 million and $25 million, for revolving loans it invests between $1 million and $25 million, and for direct equity investments it may invest between $0.1 million and $5 million (generally not exceeding 5% of the company's total equity). The debt financing products are typically structured as lines of credit and it invests through warrants and secured loans. It does not take board seat in the company.

Earnings Per Share

As for profitability, TriplePoint Venture Growth BDC Corp. has a trailing twelve months EPS of $1.15.

PE Ratio

TriplePoint Venture Growth BDC Corp. has a trailing twelve months price to earnings ratio of 9.62. Meaning, the purchaser of the share is investing $9.62 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 1.27%.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Dec 20, 2022, the estimated forward annual dividend rate is 1.48 and the estimated forward annual dividend yield is 12.84%.

Volume

Today’s last reported volume for TriplePoint Venture Growth BDC Corp. is 865587 which is 175.19% above its average volume of 314532.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, TriplePoint Venture Growth BDC Corp.’s stock is considered to be overbought (>=80).

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is 11.9% and 4.5%, respectively.

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3. Guggenheim Build America Bonds Managed Duration Trust (GBAB) – Dividend Yield: 9.03%

Guggenheim Build America Bonds Managed Duration Trust’s last close was $16.97, 16.9% below its 52-week high of $20.42. Intraday change was 1.56%.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust is a closed ended fixed income mutual fund launched by Guggenheim Partners, LLC. The fund is co-managed by Guggenheim Funds Investment Advisors, LLC and Guggenheim Partners Investment Management, LLC. It invests in fixed income markets of the United States. The fund primarily invests in a diversified portfolio of taxable municipal securities known as Build America Bonds. It was formerly known as Guggenheim Taxable Municipal Managed Duration Trust. Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust was formed on October 26, 2010 and is domiciled in United States.

Earnings Per Share

As for profitability, Guggenheim Build America Bonds Managed Duration Trust has a trailing twelve months EPS of $-5.43.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Guggenheim Build America Bonds Managed Duration Trust’s stock is considered to be oversold (<=20).

Volume

Today’s last reported volume for Guggenheim Build America Bonds Managed Duration Trust is 48616 which is 29.96% below its average volume of 69418.

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4. Putnam Master Intermediate Income Trust (PIM) – Dividend Yield: 8.33%

Putnam Master Intermediate Income Trust’s last close was $3.14, 13.02% under its 52-week high of $3.61. Intraday change was -0.95%.

Putnam Master Intermediate Income Trust is a closed ended fixed income mutual fund launched and managed by Putnam Investment Management, LLC. The fund is co-managed by Putnam Investments Limited. It invests in the fixed income markets of the United States. The fund invests in bonds of companies operating across diversified sectors. It benchmarks the performance of its portfolio against the Barclays Capital Government/Credit Bond Index. Putnam Master Intermediate Income Trust was formed on April 29, 1988 and is domiciled in the United States.

Earnings Per Share

As for profitability, Putnam Master Intermediate Income Trust 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 -7.87%.

Volatility

Putnam Master Intermediate Income Trust’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.84%, a negative 0.43%, and a positive 0.78%.

Putnam Master Intermediate Income Trust’s highest amplitude of average volatility was 0.84% (last week), 0.81% (last month), and 0.78% (last quarter).

Volume

Today’s last reported volume for Putnam Master Intermediate Income Trust is 94893 which is 16.99% below its average volume of 114328.

Revenue Growth

Year-on-year quarterly revenue growth declined by 10.4%, now sitting on 11.42M for the twelve trailing months.

More news about Putnam Master Intermediate Income Trust.

5. OceanFirst Financial Corp. (OCFCP) – Dividend Yield: 6.73%

OceanFirst Financial Corp.’s last close was $25.51, 10.18% under its 52-week high of $28.40. Intraday change was 1.47%.

OceanFirst Financial Corp. operates as the bank holding company for OceanFirst Bank N.A. that provides community banking services. The company accepts money market accounts, savings accounts, interest-bearing checking accounts, non-interest-bearing demand deposits, and time deposits to retail, government, and business customers. It also offers commercial real estate, multi-family, land loans, construction, and commercial and industrial loans; fixed-rate and adjustable-rate mortgage loans that are secured by one-to-four family residences; consumer loans, such as home equity loans and lines of credit, student loans, overdraft line of credit, loans on savings accounts, and other consumer loans; and commercial and industrial loans, and lines of credit. In addition, the company invests in mortgage-backed securities, securities issued by the U.S. Government and agencies, corporate securities, and other investments. Further, it offers bankcard, wealth management, and trust and asset management services; and sells alternative investment products and life insurance products. As of December 31, 2020, the company operated through its branch office in Toms River; administrative/branch office located in Red Bank; 61 additional branch offices and six deposit production facilities located throughout central and southern New Jersey; and commercial loan production offices in New York City, the Philadelphia area, as well as Atlantic, and Mercer Counties in New Jersey. OceanFirst Financial Corp. was founded in 1902 and is based in Red Bank, New Jersey.

Earnings Per Share

As for profitability, OceanFirst Financial Corp. has a trailing twelve months EPS of $1.94.

PE Ratio

OceanFirst Financial Corp. has a trailing twelve months price to earnings ratio of 13.34. Meaning, the purchaser of the share is investing $13.34 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 9.5%.

Yearly Top and Bottom Value

OceanFirst Financial Corp.’s stock is valued at $25.89 at 10:15 EST, below its 52-week high of $28.40 and above its 52-week low of $24.52.

Moving Average

OceanFirst Financial Corp.’s value is above its 50-day moving average of $25.50 and above its 200-day moving average of $25.54.

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6. Cal-Maine Foods (CALM) – Dividend Yield: 5.18%

Cal-Maine Foods’s last close was $58.39, 10.61% under its 52-week high of $65.32. Intraday change was -1.7%.

Cal-Maine Foods, Inc., together with its subsidiaries, produces, grades, packages, markets, and distributes shell eggs. The company offers specialty shell eggs, such as nutritionally enhanced, cage free, organic, and brown eggs under the Egg-Land's Best, Land O' Lakes, Farmhouse Eggs, and 4-Grain brand names, as well as under private labels. It sells its products to various customers, including national and regional grocery store chains, club stores, independent supermarkets, foodservice distributors, and egg product consumers primarily in the southwestern, southeastern, mid-western, and mid-Atlantic regions of the United States. Cal-Maine Foods, Inc. was founded in 1957 and is headquartered in Ridgeland, Mississippi.

Earnings Per Share

As for profitability, Cal-Maine Foods has a trailing twelve months EPS of $9.69.

PE Ratio

Cal-Maine Foods has a trailing twelve months price to earnings ratio of 6.03. Meaning, the purchaser of the share is investing $6.03 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 40.79%.

Moving Average

Cal-Maine Foods’s worth is higher than its 50-day moving average of $56.73 and higher than its 200-day moving average of $54.51.

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7. Pfizer (PFE) – Dividend Yield: 3.76%

Pfizer’s last close was $39.86, 29.23% under its 52-week high of $56.32. Intraday change was 0.51%.

Pfizer Inc. discovers, develops, manufactures, markets, distributes, and sells biopharmaceutical products worldwide. It offers medicines and vaccines in various therapeutic areas, including cardiovascular metabolic and women's health under the Premarin family and Eliquis brands; biologics, small molecules, immunotherapies, and biosimilars under the Ibrance, Xtandi, Sutent, Inlyta, Retacrit, Lorbrena, and Braftovi brands; and sterile injectable and anti-infective medicines, and oral COVID-19 treatment under the Sulperazon, Medrol, Zavicefta, Zithromax, Vfend, Panzyga, and Paxlovid brands. The company also provides medicines and vaccines in various therapeutic areas, such as pneumococcal disease, meningococcal disease, tick-borne encephalitis, and COVID-19 under the Comirnaty/BNT162b2, Nimenrix, FSME/IMMUN-TicoVac, Trumenba, and the Prevnar family brands; biosimilars for chronic immune and inflammatory diseases under the Xeljanz, Enbrel, Inflectra, Eucrisa/Staquis, and Cibinqo brands; and amyloidosis, hemophilia, and endocrine diseases under the Vyndaqel/Vyndamax, BeneFIX, and Genotropin brands. In addition, the company is involved in the contract manufacturing business. It serves wholesalers, retailers, hospitals, clinics, government agencies, pharmacies, and individual provider offices, as well as disease control and prevention centers. The company has collaboration agreements with Bristol-Myers Squibb Company; Astellas Pharma US, Inc.; Myovant Sciences Ltd.; Akcea Therapeutics, Inc; Merck KGaA; Valneva SE; BioNTech SE; and Arvinas, Inc. Pfizer Inc. was founded in 1849 and is headquartered in New York, New York.

Earnings Per Share

As for profitability, Pfizer has a trailing twelve months EPS of $1.71.

PE Ratio

Pfizer has a trailing twelve months price to earnings ratio of 23.47. Meaning, the purchaser of the share is investing $23.47 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 36.87%.

Moving Average

Pfizer’s value is way under its 50-day moving average of $44.54 and way under its 200-day moving average of $47.68.

Revenue Growth

Year-on-year quarterly revenue growth grew by 2.8%, now sitting on 100.33B for the twelve trailing months.

Previous days news about Pfizer

• : Pfizer to purchase seagen in $43 billion all-cash deal, cancer biotech’s stock pops 20%. According to MarketWatch on Monday, 13 March, "Together, Pfizer and Seagen seek to accelerate the next generation of cancer breakthroughs and bring new solutions to patients by combining the power of Seagen’s antibody-drug conjugate (ADC) technology with the scale and strength of Pfizer’s capabilities and expertise," Pfizer Chief Executive Albert Bourla said in a release. "
• Pfizer strikes $43 billion deal to buy cancer biotech seagen. According to MarketWatch on Monday, 13 March, "Together, Pfizer and Seagen seek to accelerate the next generation of cancer breakthroughs and bring new solutions to patients by combining the power of Seagen’s antibody-drug conjugate (ADC) technology with the scale and strength of Pfizer’s capabilities and expertise," Pfizer Chief Executive Albert Bourla said in a release. "

More news about Pfizer.

8. First Financial Bancorp. (FFBC) – Dividend Yield: 3.67%

First Financial Bancorp.’s last close was $25.07, 6.18% below its 52-week high of $26.72. Intraday change was -0.28%.

First Financial Bancorp. operates as the bank holding company for First Financial Bank that provides commercial banking and related services to individuals and businesses in Ohio, Indiana, Kentucky, and Illinois. The company accepts various deposit products, such as interest-bearing and noninterest-bearing accounts, time deposits, and cash management services for commercial customers. It also provides real estate loans secured by residential property, such as one to four family residential housing units or commercial property comprising owner-occupied and/or investor income producing real estate consisting of apartments, shopping centers, or office buildings; commercial and industrial loans for various purposes, including inventory, receivables, and equipment; consumer loans comprising new and used vehicle loans, second mortgages on residential real estate, and unsecured loans; and home equity lines of credit. In addition, the company offers commercial financing to the insurance industry, registered investment advisors, certified public accountants, indirect auto finance companies, and restaurant franchisees. Further, it provides a range of trust and wealth management services; and lease and equipment financing services. As of December 31, 2021, the company operated 139 full service banking centers, 29 of which are leased facilities. It operates 62 banking centers in Ohio, three banking centers in Illinois, 62 banking centers in Indiana, and 12 banking centers in Kentucky. First Financial Bancorp. was founded in 1863 and is headquartered in Cincinnati, Ohio.

Earnings Per Share

As for profitability, First Financial Bancorp. has a trailing twelve months EPS of $2.3.

PE Ratio

First Financial Bancorp. has a trailing twelve months price to earnings ratio of 10.9. Meaning, the purchaser of the share is investing $10.9 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 10.12%.

Moving Average

First Financial Bancorp.’s value is higher than its 50-day moving average of $24.66 and above its 200-day moving average of $22.92.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Feb 27, 2023, the estimated forward annual dividend rate is 0.92 and the estimated forward annual dividend yield is 3.67%.

Yearly Top and Bottom Value

First Financial Bancorp.’s stock is valued at $25.07 at 10:15 EST, below its 52-week high of $26.72 and way higher than its 52-week low of $18.75.

Sales Growth

First Financial Bancorp.’s sales growth is 39.1% for the current quarter and 22.3% for the next.

More news about First Financial Bancorp..

9. The Carlyle Group (CG) – Dividend Yield: 3.66%

The Carlyle Group’s last close was $30.09, 40.3% under its 52-week high of $50.40. Intraday change was 2.92%.

The Carlyle Group Inc. is an investment firm specializing in direct and fund of fund investments. Within direct investments, it specializes in management-led/ Leveraged buyouts, privatizations, divestitures, strategic minority equity investments, structured credit, global distressed and corporate opportunities, small and middle market, equity private placements, consolidations and buildups, senior debt, mezzanine and leveraged finance, and venture and growth capital financings, seed/startup, early venture, emerging growth, turnaround, mid venture, late venture, PIPES. The firm invests across four segments which include Corporate Private Equity, Real Assets, Global Market Strategies, and Solutions. The firm typically invests in industrial, agribusiness, ecological sector, fintech, airports, parking, Plastics, Rubber, diversified natural resources, minerals, farming, aerospace, defense, automotive, consumer, retail, industrial, infrastructure, energy, power, healthcare, software, software enabled services, semiconductors, communications infrastructure, financial technology, utilities, gaming, systems and related supply chain, electronic systems, systems, oil and gas, processing facilities, power generation assets, technology, systems, real estate, financial services, transportation, business services, telecommunications, media, and logistics sectors. Within the industrial sector, the firm invests in manufacturing, building products, packaging, chemicals, metals and mining, forestry and paper products, and industrial consumables and services. In consumer and retail sectors, it invests in food and beverage, retail, restaurants, consumer products, domestic consumption, consumer services, personal care products, direct marketing, and education. Within aerospace, defense, business services, and government services sectors, it seeks to invest in defense electronics, manufacturing and services, government contracting and services, information technology, distribution companies. In telecommunication and media sectors, it invests in cable TV, directories, publishing, entertainment and content delivery services, wireless infrastructure/services, fixed line networks, satellite services, broadband and Internet, and infrastructure. Within real estate, the firm invests in office, hotel, industrial, retail, for sale residential, student housing, hospitality, multifamily residential, homebuilding and building products, and senior living sectors. The firm seeks to make investments in growing business including those with overleveraged balance sheets. The firm seeks to hold its investments for four to six years. In the healthcare sector, it invests in healthcare services, outsourcing services, companies running clinical trials for pharmaceutical companies, managed care, pharmaceuticals, pharmaceutical related services, healthcare IT, medical, products, and devices. It seeks to invest in companies based in Sub-Saharan focusing on Ghana, Kenya, Mozambique, Botswana, Nigeria, Uganda, West Africa, North Africa and South Africa focusing on Tanzania and Zambia; Asia focusing on Pakistan, India, South East Asia, Indonesia, Philippines, Vietnam, Korea, and Japan; Australia; New Zealand; Europe focusing on France, Italy, Denmark, United Kingdom, Germany, Austria, Belgium, Finland, Iceland, Ireland, Netherlands, Norway, Portugal, Spain, Benelux , Sweden, Switzerland, Hungary, Poland, and Russia; Middle East focusing on Bahrain, Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia, Turkey, and UAE; North America focusing on United States which further invest in Southeastern United States, Texas, Boston, San Francisco Bay Area and Pacific Northwest; Asia Pacific; Soviet Union, Central-Eastern Europe, and Israel; Nordic region; and South America focusing on Mexico, Argentina, Brazil, Chile, and Peru. The firm seeks to invest in food, financial, and healthcare industries in Western China. In the real estate sector, the firm seeks to invest in various locations across Europe focusing on France and Central Europe, United States, Asia focusing on China, and Latin America. It typically invests between $1 million and $50 million for venture investments and between $50 million and $2 billion for buyouts in companies with enterprise value of between $31.57 million and $1000 million and sales value of $10 million and $500 million. It seeks to invest in companies with market capitalization greater than $50 million and EBITDA between $5 million to $25 million. It prefers to take a majority or a minority stake. While investing in Japan, it does not invest in companies with more than 1,000 employees and prefers companies' worth between $100 million and $150 million. The firm originates, structures, and acts as lead equity investor in the transactions. The Carlyle Group Inc. was founded in 1987 and is based in Washington, District of Columbia with additional offices in 21 countries across 5 continents (North America, South America, Asia, Australia and Europe).

Earnings Per Share

As for profitability, The Carlyle Group has a trailing twelve months EPS of $5.06.

PE Ratio

The Carlyle Group has a trailing twelve months price to earnings ratio of 6.12. Meaning, the purchaser of the share is investing $6.12 for every dollar of annual earnings.

More news about The Carlyle Group.

10. Avnet (AVT) – Dividend Yield: 2.57%

Avnet’s last close was $45.46, 9.42% under its 52-week high of $50.19. Intraday change was 0.53%.

Avnet, Inc., a technology solutions company, markets, sells, and distributes electronic components. The company operates through two segments, Electronic Components and Farnell. The Electronic Components segment markets, sells, and distributes semiconductors; interconnect, passive, and electromechanical devices; and other integrated components from electronic component manufacturers. It also offers design chain support that provides engineers with technical design solutions; engineering and technical resources to support product design, bill of materials development, and technical education and training; and supply chain solutions that provide support and logistical services to original equipment manufacturers, electronic manufacturing service providers, and electronic component manufacturers. In addition, this segment provides integrated solutions, such as technical design, integration, and assembly of embedded products, and systems and solutions primarily for industrial applications, as well as for intelligent embedded and innovative embedded display solutions comprising touch and passive displays. Further, it develops and manufactures standard board and industrial subsystems, and application-specific devices that enable it to produce systems tailored to specific customer requirements. This segment serves various markets, such as automotive, medical, defense, aerospace, telecommunications, industrial, and digital editing. The Farnell segment distributes kits, tools, and electronic and industrial automation components, as well as test and measurement products to engineers and entrepreneurs. It has operations in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. Avnet, Inc. was founded in 1921 and is headquartered in Phoenix, Arizona.

Earnings Per Share

As for profitability, Avnet has a trailing twelve months EPS of $8.94.

PE Ratio

Avnet has a trailing twelve months price to earnings ratio of 5.09. Meaning, the purchaser of the share is investing $5.09 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 19.89%.

More news about Avnet.