Nuveen California Dividend Advantage Municipal Fund, Oxford Lane Capital Corp., Another 5 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Nuveen California Dividend Advantage Municipal Fund (NAC), Oxford Lane Capital Corp. (OXLCM), Pioneer Municipal High Income Advantage Trust (MAV) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Nuveen California Dividend Advantage Municipal Fund (NAC) 7.64% 2024-06-16 21:11:05
Oxford Lane Capital Corp. (OXLCM) 6.73% 2024-06-11 13:10:06
Pioneer Municipal High Income Advantage Trust (MAV) 4.87% 2024-06-16 11:15:05
First United Corporation (FUNC) 3.99% 2024-06-03 10:42:05
Novartis AG (NVS) 3.57% 2024-06-16 03:18:40
Vipshop Holdings Limited (VIPS) 2.67% 2024-05-31 19:48:05
Fastenal Company (FAST) 2.47% 2024-06-16 03:14:59

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. Nuveen California Dividend Advantage Municipal Fund (NAC) – Dividend Yield: 7.64%

Nuveen California Dividend Advantage Municipal Fund’s last close was $11.54, 0.77% under its 52-week high of $11.63. Intraday change was 0.29%.

Nuveen California 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 California, United States. The fund invests in undervalued municipal securities and other related investments that are exempt from regular federal and California income taxes. It primarily invests in securities that are rated Baa or BBB or better by Moody's Investors Service, Inc. or Standard & Poor's, and have an average maturity of 20.96 years. The fund employs fundamental analysis with a bottom-up approach to create its portfolio. It benchmarks the performance of its portfolio against the Standard & Poor's (S&P) California Municipal Bond Index and Standard & Poor's (S&P) National Municipal Bond Index. The fund was formerly known as Nuveen California Dividend Advantage Municipal Fund. Nuveen California Quality Municipal Income Fund was formed on December 1, 1998 and is domiciled in the United States.

Earnings Per Share

As for profitability, Nuveen California Dividend Advantage Municipal Fund has a trailing twelve months EPS of $0.77.

PE Ratio

Nuveen California Dividend Advantage Municipal Fund has a trailing twelve months price to earnings ratio of 14.99. Meaning, the purchaser of the share is investing $14.99 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 6.07%.

Moving Average

Nuveen California Dividend Advantage Municipal Fund’s value is above its 50-day moving average of $10.97 and higher than its 200-day moving average of $10.64.

Revenue Growth

Year-on-year quarterly revenue growth grew by 2.2%, now sitting on 135.37M for the twelve trailing months.

Volume

Today’s last reported volume for Nuveen California Dividend Advantage Municipal Fund is 268460 which is 26.51% below its average volume of 365346.

Yearly Top and Bottom Value

Nuveen California Dividend Advantage Municipal Fund’s stock is valued at $11.54 at 03:15 EST, below its 52-week high of $11.63 and way above its 52-week low of $9.32.

More news about Nuveen California Dividend Advantage Municipal Fund.

2. Oxford Lane Capital Corp. (OXLCM) – Dividend Yield: 6.73%

Oxford Lane Capital Corp.’s last close was $25.06, 0.95% below its 52-week high of $25.30. Intraday change was 0%.

Oxford Lane Capital Corp. is a close ended fund launched and managed by Oxford Lane Management LLC. It invests in fixed income securities. The fund primarily invests in securitization vehicles which in turn invest in senior secured loans made to companies whose debt is rated below investment grade or is unrated. Oxford Lane Capital Corp was formed on June 9, 2010 and is domiciled in the United States.

Earnings Per Share

As for profitability, Oxford Lane Capital Corp. has a trailing twelve months EPS of $0.87.

PE Ratio

Oxford Lane Capital Corp. has a trailing twelve months price to earnings ratio of 28.76. Meaning, the purchaser of the share is investing $28.76 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 23.94%.

Moving Average

Oxford Lane Capital Corp.’s worth is above its 50-day moving average of $25.00 and higher than its 200-day moving average of $24.92.

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3. Pioneer Municipal High Income Advantage Trust (MAV) – Dividend Yield: 4.87%

Pioneer Municipal High Income Advantage Trust’s last close was $8.14, 0.61% under its 52-week high of $8.19. Intraday change was -0.37%.

Pioneer Municipal High Income Advantage Trust is a closed ended fixed income mutual fund launched and managed by Pioneer Investment Management, Inc. The fund invests in the fixed income markets of the United States. It invests primarily in municipal bonds. The fund benchmarks the performance of its portfolio against the Barclays Capital High Yield Municipal Bond Index and the Barclays Capital Municipal Bond Index. It was formerly known as Pioneer Municipal Advantage Trust. Pioneer Municipal High Income Advantage Trust was formed on August 6, 2003 and is domiciled in the United States.

Earnings Per Share

As for profitability, Pioneer Municipal High Income Advantage Trust has a trailing twelve months EPS of $0.16.

PE Ratio

Pioneer Municipal High Income Advantage Trust has a trailing twelve months price to earnings ratio of 50.88. Meaning, the purchaser of the share is investing $50.88 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 -0.39%.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Jun 18, 2024, the estimated forward annual dividend rate is 0.39 and the estimated forward annual dividend yield is 4.87%.

Yearly Top and Bottom Value

Pioneer Municipal High Income Advantage Trust’s stock is valued at $8.14 at 03:15 EST, under its 52-week high of $8.19 and way above its 52-week low of $6.37.

Volatility

Pioneer Municipal High Income Advantage Trust’s last week, last month’s, and last quarter’s current intraday variation average was 0.29%, 0.04%, and 0.48%.

Pioneer Municipal High Income Advantage Trust’s highest amplitude of average volatility was 0.54% (last week), 0.59% (last month), and 0.48% (last quarter).

Volume

Today’s last reported volume for Pioneer Municipal High Income Advantage Trust is 30080 which is 42.77% below its average volume of 52561.

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4. First United Corporation (FUNC) – Dividend Yield: 3.99%

First United Corporation’s last close was $20.04, 17.5% under its 52-week high of $24.29. Intraday change was 3.39%.

First United Corporation operates as the bank holding company for First United Bank & Trust that provides various retail and commercial banking services to businesses and individuals. The company offers various deposit products, including checking accounts, savings and money market accounts, regular and individual retirement accounts (IRA) certificates of deposit, Christmas savings accounts, college savings accounts, and health savings accounts; Certificate of Deposit Account Registry Service program and Insured Cash Sweep program to municipalities, businesses, and consumers; and commercial customers packages, which include treasury management, cash sweep, and various checking opportunities. It also provides loans, such as commercial loans secured by real estate, commercial equipment, vehicles, or other assets of the borrower; commercial real estate loans for residential and commercial development, agricultural purpose properties, and service industry buildings; residential mortgage loans; home equity lines of credit; residential real estate construction loans; and indirect and direct auto loans, student loans, term loans, and other secured and unsecured lines of credit and term loans. In addition, the company offers various trust services, including personal trust, investment agency accounts, charitable trusts, retirement accounts that consist of IRA roll-overs, 401(k) accounts and defined benefit plans, estate administration, and estate planning services; insurance products; brokerage services; and safe deposit and night depository facilities. It operates 26 banking offices, one customer care center, and 34 automated teller machines in Allegany, Frederick, Garrett, and Washington counties in Maryland; and in Mineral, Berkeley, Monongalia, and Harrison counties in West Virginia. First United Corporation was founded in 1900 and is headquartered in Oakland, Maryland.

Earnings Per Share

As for profitability, First United Corporation has a trailing twelve months EPS of $2.15.

PE Ratio

First United Corporation has a trailing twelve months price to earnings ratio of 9.64. Meaning, the purchaser of the share is investing $9.64 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 9.04%.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Apr 16, 2024, the estimated forward annual dividend rate is 0.8 and the estimated forward annual dividend yield is 3.99%.

More news about First United Corporation.

5. Novartis AG (NVS) – Dividend Yield: 3.57%

Novartis AG’s last close was $104.93, 3.54% below its 52-week high of $108.78. Intraday change was -0.87%.

Novartis AG engages in the research, development, manufacture, and marketing of healthcare products in Switzerland and internationally. The company offers prescription medicines for patients and physicians. It focuses on therapeutic areas, such as cardiovascular, renal and metabolic, immunology, neuroscience, and oncology, as well as ophthalmology and hematology. Novartis AG has a license and collaboration agreement with Alnylam Pharmaceuticals to develop, manufacture, and commercialize inclisiran, a therapy to reduce LDL cholesterol; and Dawn Health for the development and commercialization of Ekiva, a digital solution designed for people living with Paroxysmal Nocturnal Hemoglobinuria. The company was incorporated in 1996 and is headquartered in Basel, Switzerland.

Earnings Per Share

As for profitability, Novartis AG has a trailing twelve months EPS of $4.1.

PE Ratio

Novartis AG has a trailing twelve months price to earnings ratio of 22.81. Meaning, the purchaser of the share is investing $22.81 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 19.83%.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is 1.6% and 4.9%, respectively.

Sales Growth

Novartis AG’s sales growth is negative 9.8% for the present quarter and 5.9% for the next.

Volume

Today’s last reported volume for Novartis AG is 1756800 which is 19.35% above its average volume of 1471910.

Volatility

Novartis AG’s last week, last month’s, and last quarter’s current intraday variation average was 0.10%, 0.12%, and 0.76%.

Novartis AG’s highest amplitude of average volatility was 0.29% (last week), 0.76% (last month), and 0.76% (last quarter).

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6. Vipshop Holdings Limited (VIPS) – Dividend Yield: 2.67%

Vipshop Holdings Limited’s last close was $16.07, 20.41% under its 52-week high of $20.19. Intraday change was -0.06%.

Vipshop Holdings Limited operates online platforms in the People's Republic of China. It operates in Vip.com, Shan Shan Outlets, and Others segments. The company offers womenswear, menswear, sportswear, shoes and bags, accessories, baby and children products, skincare and cosmetics, home goods and other lifestyle products, and supermarket products. It also provides internet finance services, including consumer and supplier financing. In addition, the company engages in warehousing services, retail business, product procurement, and software development and information technology support activities. The company provides its branded products through its vip.com and vipshop.com online platforms, as well as through retail stores. Vipshop Holdings Limited was founded in 2008 and is headquartered in Guangzhou, the People's Republic of China.

Earnings Per Share

As for profitability, Vipshop Holdings Limited has a trailing twelve months EPS of $2.17.

PE Ratio

Vipshop Holdings Limited has a trailing twelve months price to earnings ratio of 7.41. Meaning, the purchaser of the share is investing $7.41 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 23.92%.

Sales Growth

Vipshop Holdings Limited’s sales growth is negative 0.1% for the ongoing quarter and 2.9% for the next.

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7. Fastenal Company (FAST) – Dividend Yield: 2.47%

Fastenal Company’s last close was $64.41, 18.51% under its 52-week high of $79.04. Intraday change was 0.82%.

Fastenal Company, together with its subsidiaries, engages in the wholesale distribution of industrial and construction supplies in the United States, Canada, Mexico, North America, and internationally. It offers fasteners, and related industrial and construction supplies under the Fastenal name. The company's fastener products include threaded fasteners, bolts, nuts, screws, studs, and related washers that are used in manufactured products and construction projects, as well as in the maintenance and repair of machines. It also offers miscellaneous supplies and hardware, including pins, machinery keys, concrete anchors, metal framing systems, wire ropes, strut products, rivets, and related accessories. The company serves the manufacturing market comprising original equipment manufacturers; maintenance, repair, and operations customers; non-residential construction market; farmers, truckers, railroads, mining companies, schools, and retail trades; and oil exploration, production, and refinement companies, as well as federal, state, and local governmental entities. Fastenal Company was founded in 1967 and is headquartered in Winona, Minnesota.

Earnings Per Share

As for profitability, Fastenal Company has a trailing twelve months EPS of $2.02.

PE Ratio

Fastenal Company has a trailing twelve months price to earnings ratio of 34.88. Meaning, the purchaser of the share is investing $34.88 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 34.56%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 1.9%, now sitting on 7.38B for the twelve trailing months.

Sales Growth

Fastenal Company’s sales growth is 2.4% for the ongoing quarter and 5.8% for the next.

Stock Price Classification

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

Moving Average

Fastenal Company’s worth is higher than its 50-day moving average of $67.35 and higher than its 200-day moving average of $64.98.

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