New York Mortgage Trust, Petroleum Resources Corporation, Another 2 Companies Have A High Estimated Dividend Yield

(VIANEWS) – New York Mortgage Trust (NYMTM), Petroleum Resources Corporation (PEO), Banco Bradesco (BBDO) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
New York Mortgage Trust (NYMTM) 8.51% 2024-01-20 18:09:24
Petroleum Resources Corporation (PEO) 6.59% 2024-01-26 17:14:05
Banco Bradesco (BBDO) 4.06% 2024-01-28 03:15:30
Middlesex Water Company (MSEX) 2.11% 2024-01-14 09:13:05

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. New York Mortgage Trust (NYMTM) – Dividend Yield: 8.51%

New York Mortgage Trust’s last close was $23.13, 3.42% below its 52-week high of $23.95. Intraday change was 0.22%.

New York Mortgage Trust, Inc. acquires, invests in, finances, and manages mortgage-related single-family and multi-family residential assets in the United States. Its targeted investments include residential loans, including business purpose loans; structured multi-family property investments, such as preferred equity in, and mezzanine loans to owners of multi-family properties; non-agency residential mortgage-backed securities (RMBS); agency RMBS; commercial mortgage-backed securities (CMBS); single-family rental properties; and other mortgage, residential housing, and credit-related assets. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was incorporated in 2003 and is headquartered in New York, New York.

Earnings Per Share

As for profitability, New York Mortgage Trust has a trailing twelve months EPS of $0.05.

PE Ratio

New York Mortgage Trust has a trailing twelve months price to earnings ratio of 492.13. Meaning, the purchaser of the share is investing $492.13 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 negative -8.55%.

Moving Average

New York Mortgage Trust’s worth is above its 50-day moving average of $22.80 and higher than its 200-day moving average of $21.68.

Volume

Today’s last reported volume for New York Mortgage Trust is 2805 which is 70.96% below its average volume of 9660.

More news about New York Mortgage Trust.

2. Petroleum Resources Corporation (PEO) – Dividend Yield: 6.59%

Petroleum Resources Corporation’s last close was $20.48, 13.95% below its 52-week high of $23.80. Intraday change was 0.34%.

Adams Natural Resources Fund, Inc. is a publicly owned investment manager. The firm invests in the public equity markets across the globe. The firm manages closed-end equity fund focused on the energy and material sectors. It invests in stocks of companies of all market capitalizations operating in the energy and natural resources sector including oil companies, exploration and production, utilities, services, and basic materials sectors. The firm employs a fundamental analysis with a bottom-up stock picking approach while focusing on earnings growth prospects, defendable market position, market competition, macroeconomic backdrop, cash flow generation, valuation, capital allocation, return on capital, mileposts and catalysts, and point in cycle identification to make its investments. It benchmarks the performance of its portfolios against a composite index of 80% Dow Jones Oil and Gas Index and 20% Dow Jones Basic Materials Index. The firm was formerly known as Petroleum & Resources Corporation. Adams Natural Resources Fund, Inc. was founded in 1929 and is based in Baltimore, Maryland with an additional office in Boston, Massachusetts.

Earnings Per Share

As for profitability, Petroleum Resources Corporation has a trailing twelve months EPS of $4.07.

PE Ratio

Petroleum Resources Corporation has a trailing twelve months price to earnings ratio of 5.05. Meaning, the purchaser of the share is investing $5.05 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 17.02%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 1.9%, now sitting on 22.72M for the twelve trailing months.

More news about Petroleum Resources Corporation.

3. Banco Bradesco (BBDO) – Dividend Yield: 4.06%

Banco Bradesco’s last close was $2.83, 11.84% under its 52-week high of $3.21. Intraday change was -0.7%.

Banco Bradesco S.A., together with its subsidiaries, provides various banking products and services to individuals, corporates, and businesses in Brazil and internationally. The company operates through two segments, Banking and Insurance. It provides current, savings, click, and salary accounts; real estate credit, vehicle financing, payroll loans, mortgage loans, microcredit, leasing, and personal and installment credit; debit and business cards; financial and security services; consortium products; auto, personal accident, dental, travel, and life insurance; investment products; pension products; real estate and vehicle auctions; cash management, and foreign trade and exchange services; capitalization bonds; and internet banking services. Banco Bradesco S.A. was founded in 1943 and is headquartered in Osasco, Brazil.

Earnings Per Share

As for profitability, Banco Bradesco has a trailing twelve months EPS of $0.24.

PE Ratio

Banco Bradesco has a trailing twelve months price to earnings ratio of 11.75. Meaning, the purchaser of the share is investing $11.75 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 8.15%.

Moving Average

Banco Bradesco’s worth is below its 50-day moving average of $2.94 and above its 200-day moving average of $2.78.

More news about Banco Bradesco.

4. Middlesex Water Company (MSEX) – Dividend Yield: 2.11%

Middlesex Water Company’s last close was $61.55, 32.03% below its 52-week high of $90.56. Intraday change was 0.21%.

Middlesex Water Company owns and operates regulated water utility and wastewater systems. It operates in two segments, Regulated and Non-Regulated. The Regulated segment collects, treats, and distributes water on a retail and wholesale basis to residential, commercial, industrial, and fire protection customers in parts of New Jersey, Delaware, and Pennsylvania. This segment also includes regulated wastewater systems in New Jersey and Delaware. The Non-Regulated segment provides non-regulated contract services for the operation and maintenance of municipal and private water and wastewater systems in New Jersey and Delaware. The company was incorporated in 1896 and is headquartered in Iselin, New Jersey.

Earnings Per Share

As for profitability, Middlesex Water Company has a trailing twelve months EPS of $1.84.

PE Ratio

Middlesex Water Company has a trailing twelve months price to earnings ratio of 33.45. Meaning, the purchaser of the share is investing $33.45 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 8.01%.

Moving Average

Middlesex Water Company’s worth is below its 50-day moving average of $65.78 and way below its 200-day moving average of $73.26.

Sales Growth

Middlesex Water Company’s sales growth is 15.7% for the current quarter and 7.5% for the next.

More news about Middlesex Water Company.

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