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Morgan Stanley India Investment Fund, Cross Timbers Royalty Trust, Another 5 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Morgan Stanley India Investment Fund (IIF), Cross Timbers Royalty Trust (CRT), Canadian Imperial Bank of Commerce (CM) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Morgan Stanley India Investment Fund (IIF) 13.57% 2024-04-23 05:08:05
Cross Timbers Royalty Trust (CRT) 10.87% 2024-04-21 19:23:05
Canadian Imperial Bank of Commerce (CM) 5.57% 2024-04-21 03:16:55
Nuveen New York AMT (NRK) 5.22% 2024-04-24 07:48:06
Nuveen New York Select Tax (NXN) 4.25% 2024-04-24 10:43:06
Berkshire Hills Bancorp (BHLB) 3.32% 2024-04-21 06:23:05
Stifel Financial Corporation (SF) 2.16% 2024-04-25 03:10:08

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. Morgan Stanley India Investment Fund (IIF) – Dividend Yield: 13.57%

Morgan Stanley India Investment Fund’s last close was $23.10, 5.37% below its 52-week high of $24.41. Intraday change was 1.72%.

Morgan Stanley India Investment Fund, Inc. is a closed ended equity mutual fund launched and managed by Morgan Stanley Investment Management Inc. The fund is co-managed by Morgan Stanley Investment Management Company. It invests in the public equity markets of India. The fund invests in stocks of companies operating across diversified sectors. It benchmarks the performance of its portfolio against the U.S. dollar adjusted BSE National Index. Morgan Stanley India Investment Fund, Inc. was formed on December 22, 1993 and is domiciled in the United States.

Earnings Per Share

As for profitability, Morgan Stanley India Investment Fund has a trailing twelve months EPS of $4.91.

PE Ratio

Morgan Stanley India Investment Fund has a trailing twelve months price to earnings ratio of 4.7. Meaning, the purchaser of the share is investing $4.7 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 18.83%.

More news about Morgan Stanley India Investment Fund.

2. Cross Timbers Royalty Trust (CRT) – Dividend Yield: 10.87%

Cross Timbers Royalty Trust’s last close was $14.41, 44.79% below its 52-week high of $26.10. Intraday change was 9.7%.

Cross Timbers Royalty Trust operates as an express trust in the United States. It holds 90% net profits interests in certain producing and nonproducing royalty and overriding royalty interest properties in Texas, Oklahoma, and New Mexico; and 75% net profits working interest in four properties in Texas and three properties in Oklahoma. Cross Timbers Royalty Trust was founded in 1991 and is based in Dallas, Texas.

Earnings Per Share

As for profitability, Cross Timbers Royalty Trust has a trailing twelve months EPS of $1.92.

PE Ratio

Cross Timbers Royalty Trust has a trailing twelve months price to earnings ratio of 7.51. Meaning, the purchaser of the share is investing $7.51 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 409.97%.

More news about Cross Timbers Royalty Trust.

3. Canadian Imperial Bank of Commerce (CM) – Dividend Yield: 5.57%

Canadian Imperial Bank of Commerce’s last close was $47.40, 7.31% under its 52-week high of $51.14. Intraday change was -1.29%.

Canadian Imperial Bank of Commerce, a diversified financial institution, provides various financial products and services to personal, business, public sector, and institutional clients in Canada, the United States, and internationally. The company operates through Canadian Personal and Business Banking; Canadian Commercial Banking and Wealth Management; U.S. Commercial Banking and Wealth Management; Capital Markets and Direct Financial Services; and Corporate and Other segments. It offers checking, savings, and business accounts; mortgages; business, car, and other loans; lines of credit, student lines of credit, and agriculture loans; and small business financing and overdraft protection services. The company also provides investment and insurance services; credit cards; and ATMs, as well as mobile, online, and global money and wire transfer services. Canadian Imperial Bank of Commerce was founded in 1867 and is headquartered in Toronto, Canada.

Earnings Per Share

As for profitability, Canadian Imperial Bank of Commerce has a trailing twelve months EPS of $4.82.

PE Ratio

Canadian Imperial Bank of Commerce has a trailing twelve months price to earnings ratio of 9.96. Meaning, the purchaser of the share is investing $9.96 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 12.14%.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Canadian Imperial Bank of Commerce’s stock is considered to be overbought (>=80).

Volume

Today’s last reported volume for Canadian Imperial Bank of Commerce is 1049320 which is 45.37% below its average volume of 1921060.

Moving Average

Canadian Imperial Bank of Commerce’s value is under its 50-day moving average of $48.29 and way above its 200-day moving average of $43.24.

More news about Canadian Imperial Bank of Commerce.

4. Nuveen New York AMT (NRK) – Dividend Yield: 5.22%

Nuveen New York AMT’s last close was $10.69, 3.61% under its 52-week high of $11.09. Intraday change was 0.47%.

Nuveen New York AMT-Free Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of New York. The fund invests in undervalued municipal securities and other related investments the income, covered by insurance from insurers with a claims-paying ability, exempt from regular federal and New York income tax and are rated Baa, BBB or better and having an average maturity of 15.98 years. It employs fundamental analysis with bottom-up stock picking approach to create its portfolio. The fund benchmarks the performance of its portfolio against the Standard & Poor's (S&P) New York Municipal Bond Index and the Standard & Poor's (S&P) Insured National Municipal Bond Index. It was formerly known as Nuveen New York AMT-Free Municipal Income Fund. Nuveen New York AMT-Free Quality Municipal Income Fund was formed on July 29, 2002 and is domiciled in the United States.

Earnings Per Share

As for profitability, Nuveen New York AMT has a trailing twelve months EPS of $-0.02.

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 -0.19%.

More news about Nuveen New York AMT.

5. Nuveen New York Select Tax (NXN) – Dividend Yield: 4.25%

Nuveen New York Select Tax’s last close was $11.57, 7.07% under its 52-week high of $12.45. Intraday change was -0.22%.

Nuveen New York Select Tax-Free Income Portfolio is a closed-ended fixed income mutual fund launched by Nuveen Investments Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of New York. The fund invests in the securities of companies that operate across diversified sectors. It primarily invests in municipal bonds with an average credit quality of Baa/BBB or better. The fund employs fundamental analysis to create its portfolio. It benchmarks the performance of its portfolio against Barclays Capital New York Municipal Bond Index and S&P New York Municipal Bond Index. Nuveen New York Select Tax-Free Income Portfolio was formed on June 19, 1992 and is domiciled in the United States.

Earnings Per Share

As for profitability, Nuveen New York Select Tax has a trailing twelve months EPS of $0.24.

PE Ratio

Nuveen New York Select Tax has a trailing twelve months price to earnings ratio of 48.1. Meaning, the purchaser of the share is investing $48.1 for every dollar of annual earnings.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Nuveen New York Select Tax’s stock is considered to be oversold (<=20).

Revenue Growth

Year-on-year quarterly revenue growth grew by 11.5%, now sitting on 2.06M for the twelve trailing months.

More news about Nuveen New York Select Tax.

6. Berkshire Hills Bancorp (BHLB) – Dividend Yield: 3.32%

Berkshire Hills Bancorp’s last close was $21.71, 15.82% below its 52-week high of $25.79. Intraday change was 3.48%.

Berkshire Hills Bancorp, Inc. operates as a bank holding company for Berkshire Bank that provides various banking products and services. It offers various deposit accounts, including demand deposit, NOW, regular savings, money market savings, time certificates of deposit, and retirement deposit accounts; and loans, such as commercial real estate, commercial and industrial, consumer, and residential mortgage loans. The company also provides wealth management services comprising investment management, trust administration, and financial planning; and investment products, financial planning, and brokerage services. In addition, it offers electronic banking, commercial cash management, online banking, and mobile banking services; and debit cards and other electronic fee producing payment services to transaction account customers. Further, the company, through its subsidiary, Berkshire Insurance Group, Inc., provides personal and commercial property, and casualty insurance; employee benefits insurance; and life, health, and financial services insurance products. It serves personal, commercial, not- profit, and municipal deposit customers. As of December 31, 2020, the company operated 130 full-service branches in Massachusetts, New York, Connecticut, Vermont, Central New Jersey, and Eastern Pennsylvania. Berkshire Hills Bancorp, Inc. was founded in 1846 and is headquartered in Boston, Massachusetts.

Earnings Per Share

As for profitability, Berkshire Hills Bancorp has a trailing twelve months EPS of $1.6.

PE Ratio

Berkshire Hills Bancorp has a trailing twelve months price to earnings ratio of 13.57. Meaning, the purchaser of the share is investing $13.57 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 2.17%.

Yearly Top and Bottom Value

Berkshire Hills Bancorp’s stock is valued at $21.71 at 17:15 EST, way under its 52-week high of $25.79 and way above its 52-week low of $18.07.

Sales Growth

Berkshire Hills Bancorp’s sales growth is negative 7.4% for the current quarter and 1% for the next.

More news about Berkshire Hills Bancorp.

7. Stifel Financial Corporation (SF) – Dividend Yield: 2.16%

Stifel Financial Corporation’s last close was $78.28, 1.2% below its 52-week high of $79.23. Intraday change was 0.51%.

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, the United Kingdom, the rest of Europe, and Canada. 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 also 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 St. Louis, Missouri.

Earnings Per Share

As for profitability, Stifel Financial Corporation has a trailing twelve months EPS of $4.28.

PE Ratio

Stifel Financial Corporation has a trailing twelve months price to earnings ratio of 18.29. Meaning, the purchaser of the share is investing $18.29 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 9.84%.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Feb 29, 2024, the estimated forward annual dividend rate is 1.68 and the estimated forward annual dividend yield is 2.16%.

Volume

Today’s last reported volume for Stifel Financial Corporation is 783191 which is 45.65% above its average volume of 537708.

More news about Stifel Financial Corporation.

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