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New York Mortgage Trust, Western Asset Global Highome Fund, Another 4 Companies Have A High Estimated Dividend Yield

(VIANEWS) – New York Mortgage Trust (NYMT), Western Asset Global Highome Fund (EHI), Western Asset Bond Fund Share of Beneficial Interest (WEA) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
New York Mortgage Trust (NYMT) 12.82% 2024-06-23 00:07:09
Western Asset Global Highome Fund (EHI) 11.78% 2024-06-15 01:08:06
Western Asset Bond Fund Share of Beneficial Interest (WEA) 7.95% 2024-06-18 19:41:05
Viper Energy Partners LP (VNOM) 5.78% 2024-06-24 21:10:05
Helmerich & Payne (HP) 5.13% 2024-06-15 21:06:05
Nuveen California Select Tax (NXC) 4.16% 2024-06-17 04:42:05

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. New York Mortgage Trust (NYMT) – Dividend Yield: 12.82%

New York Mortgage Trust’s last close was $6.24, 41.3% under its 52-week high of $10.63. Intraday change was 2.13%.

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, second mortgages, and business purpose loans; structured multi-family property investments, such as preferred equity in, and mezzanine loans to owners of multi-family properties, as well as joint venture equity investments in multi-family properties; non-agency residential mortgage-backed securities (RMBS); agency RMBS; commercial mortgage-backed securities (CMBS); 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 $-1.86.

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 -10.29%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 59%, now sitting on 167.94M for the twelve trailing months.

Volume

Today’s last reported volume for New York Mortgage Trust is 2113920 which is 214.3% above its average volume of 672567.

Yearly Top and Bottom Value

New York Mortgage Trust’s stock is valued at $6.24 at 03:15 EST, way under its 52-week high of $10.63 and way above its 52-week low of $5.65.

More news about New York Mortgage Trust.

2. Western Asset Global Highome Fund (EHI) – Dividend Yield: 11.78%

Western Asset Global Highome Fund’s last close was $7.13, 8% below its 52-week high of $7.75. Intraday change was -0.08%.

Western Asset Global High Income Fund Inc is a closed ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. The fund is co-managed by Western Asset Management Company, Western Asset Management Company Limited, and Western Asset Management Company Pte. Ltd. It invests in the fixed income markets across the globe. The fund invests in undervalued bonds of companies operating across diversified sectors. It seeks to invest in a portfolio of below investment grade fixed income securities, emerging market fixed income securities and investment grade fixed income securities. The fund employs quantitative analysis to build its portfolio. It invests in fixed income securities with an average credit quality of BB as per S&P and an average duration of 3.8 years. The fund benchmarks the performance of its portfolio against the Barclays Capital U.S. Aggregate Index, the Barclays Capital U.S. Corporate High Yield 2% Issuer Cap Index, and the JPMorgan Emerging Markets Bond Index Global. It was formerly known as Salomon Brothers Global High Income Fund Inc. Western Asset Global High Income Fund Inc was formed on July 28, 2003 and is domiciled in the United States.

Earnings Per Share

As for profitability, Western Asset Global Highome Fund has a trailing twelve months EPS of $0.2.

PE Ratio

Western Asset Global Highome Fund has a trailing twelve months price to earnings ratio of 35.65. Meaning, the purchaser of the share is investing $35.65 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 2.72%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 2%, now sitting on 22.22M for the twelve trailing months.

More news about Western Asset Global Highome Fund.

3. Western Asset Bond Fund Share of Beneficial Interest (WEA) – Dividend Yield: 7.95%

Western Asset Bond Fund Share of Beneficial Interest’s last close was $10.59, 6.2% below its 52-week high of $11.29. Intraday change was 0.14%.

Western Asset Premier Bond Fund is a closed-ended fixed income mutual fund launched and managed by Western Asset Management Company. The fund is co-managed by Western Asset Management Company Limited, Western Asset Management Company Pte. Ltd., and Western Asset Management Company Ltd. It invests in the fixed income markets of the United States. The fund primarily invests in investment grade bonds, including corporate bonds, U.S. government and agency securities, and mortgage related securities. It seeks to maintain an average duration of around two to three years with an average credit quality of BBB. The fund benchmarks the performance of its portfolio against the Barclays Capital U.S. Corporate High Yield Index and the Barclays Capital U.S. Credit Index. Western Asset Premier Bond Fund was formed on March 28, 2002 and is domiciled in the United States.

Earnings Per Share

As for profitability, Western Asset Bond Fund Share of Beneficial Interest has a trailing twelve months EPS of $1.04.

PE Ratio

Western Asset Bond Fund Share of Beneficial Interest has a trailing twelve months price to earnings ratio of 10.18. Meaning, the purchaser of the share is investing $10.18 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 9.21%.

Volume

Today’s last reported volume for Western Asset Bond Fund Share of Beneficial Interest is 83453 which is 89.32% above its average volume of 44079.

Revenue Growth

Year-on-year quarterly revenue growth declined by 0.6%, now sitting on 13.56M for the twelve trailing months.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Jun 21, 2024, the estimated forward annual dividend rate is 0.84 and the estimated forward annual dividend yield is 7.95%.

More news about Western Asset Bond Fund Share of Beneficial Interest.

4. Viper Energy Partners LP (VNOM) – Dividend Yield: 5.78%

Viper Energy Partners LP’s last close was $37.26, 9.61% below its 52-week high of $41.22. Intraday change was 3.56%.

Viper Energy Partners LP owns, acquires, and exploits oil and natural gas properties in North America. As of December 31, 2020, it had mineral interests in 24,350 net royalty acres in the Permian Basin and Eagle Ford Shale; and estimated proved oil and natural gas reserves of 99,392 thousand barrels of crude oil equivalent. Viper Energy Partners GP LLC operates as the general partner of the company. The company was founded in 2013 and is based in Midland, Texas. Viper Energy Partners LP is a subsidiary of Diamondback Energy, Inc.

Earnings Per Share

As for profitability, Viper Energy Partners LP has a trailing twelve months EPS of $2.71.

PE Ratio

Viper Energy Partners LP has a trailing twelve months price to earnings ratio of 13.75. Meaning, the purchaser of the share is investing $13.75 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 19.88%.

Sales Growth

Viper Energy Partners LP’s sales growth is 39.1% for the current quarter and negative 23.7% for the next.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter is 25.5% and a drop 45.5% for the next.

Revenue Growth

Year-on-year quarterly revenue growth grew by 21.5%, now sitting on 825.33M for the twelve trailing months.

Yearly Top and Bottom Value

Viper Energy Partners LP’s stock is valued at $37.26 at 03:15 EST, under its 52-week high of $41.22 and way higher than its 52-week low of $24.91.

More news about Viper Energy Partners LP.

5. Helmerich & Payne (HP) – Dividend Yield: 5.13%

Helmerich & Payne’s last close was $32.72, 29.71% below its 52-week high of $46.55. Intraday change was -4.22%.

Helmerich & Payne, Inc., together with its subsidiaries, provides drilling services and solutions for exploration and production companies. The company operates through three segments: North America Solutions, Offshore Gulf of Mexico, and International Solutions. The North America Solutions segment drills primarily in Colorado, Louisiana, Montana, Nevada, New Mexico, North Dakota, Ohio, Oklahoma, Pennsylvania, Texas, Utah, West Virginia, and Wyoming. The Offshore Gulf of Mexico segment has drilling operations in Louisiana and in U.S. federal waters in the Gulf of Mexico. The International Solutions segment conducts drilling operations in Argentina, Bahrain, Colombia, and the United Arab Emirates. As of September 30, 2022, the company operated a fleet of 236 land rigs in North America; 28 international land rigs; and 7 offshore platform rigs. It also focuses on developing, promoting, and commercializing technologies designed to enhance the drilling operations, as well as wellbore quality and placement. In addition, the company owns and operates commercial real estate properties. Its real estate investments include a shopping center comprising approximately 366,000 leasable square feet; and approximately 176 acres of undeveloped real estate located in Tulsa, Oklahoma. The company was founded in 1920 and is headquartered in Tulsa, Oklahoma.

Earnings Per Share

As for profitability, Helmerich & Payne has a trailing twelve months EPS of $3.49.

PE Ratio

Helmerich & Payne has a trailing twelve months price to earnings ratio of 9.38. Meaning, the purchaser of the share is investing $9.38 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 12.7%.

More news about Helmerich & Payne.

6. Nuveen California Select Tax (NXC) – Dividend Yield: 4.16%

Nuveen California Select Tax’s last close was $13.13, 4.86% under its 52-week high of $13.80. Intraday change was 0.19%.

Nuveen California 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 California. The fund invests in the securities of companies that operate across diversified sectors. It primarily invests in municipal bonds. The fund employs fundamental analysis to create its portfolio. It benchmarks the performance of its portfolio against Barclays Capital California Municipal Bond Index and S&P California Municipal Bond Index. Nuveen California 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 California Select Tax has a trailing twelve months EPS of $0.8.

PE Ratio

Nuveen California Select Tax has a trailing twelve months price to earnings ratio of 16.41. Meaning, the purchaser of the share is investing $16.41 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 5.79%.

Volume

Today’s last reported volume for Nuveen California Select Tax is 4987 which is 66.48% below its average volume of 14879.

Revenue Growth

Year-on-year quarterly revenue growth grew by 1.6%, now sitting on 3.7M for the twelve trailing months.

More news about Nuveen California Select Tax.

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