(VIANEWS) – Nuveen Mortgage Opportunity Term Fund Nuveen Mortgage Opportunity Term Fund (JLS), Camden National Corporation (CAC), Western Asset Investment Grade Defined Opportunity Trust (IGI) have the highest dividend yield stocks on this list.
| Financial Asset | Forward Dividend Yield | Updated (EST) |
|---|---|---|
| Nuveen Mortgage Opportunity Term Fund Nuveen Mortgage Opportunity Term Fund (JLS) | 10.92% | 2024-04-23 07:48:05 |
| Camden National Corporation (CAC) | 5.51% | 2024-04-27 01:09:26 |
| Western Asset Investment Grade Defined Opportunity Trust (IGI) | 5.33% | 2024-04-23 04:43:05 |
| Viper Energy Partners LP (VNOM) | 4.77% | 2024-05-01 19:46:05 |
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. Nuveen Mortgage Opportunity Term Fund Nuveen Mortgage Opportunity Term Fund (JLS) – Dividend Yield: 10.92%
Nuveen Mortgage Opportunity Term Fund Nuveen Mortgage Opportunity Term Fund’s last close was $17.39, 3.23% under its 52-week high of $17.97. Intraday change was 0.52%.
Nuveen Mortgage and 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, Nuveen Asset Management, LLC, and Wellington Management Company LLP. It invests in the fixed income markets of the United States. The fund invests in undervalued mortgage-backed securities consisting primarily of non-agency residential mortgage-backed securities and commercial mortgage-backed securities with a favorable total return potential. It seeks to invest in below investment grade securities. The fund employs fundamental analysis with a focus on bottom-up stock picking approach based on rigorous analysis of the credit performance of the mortgage loan portfolios underlying the MBS, security structure characteristics such as the priority of payment, credit enhancement and default patterns of underlying loans, and the relative financial strength of the mortgage loan servicer to create its portfolio. It benchmarks the performance of its portfolio against Barclays Capital U.S. Aggregate Bond Index. It was formerly known as Nuveen Mortgage Opportunity Term Fund. Nuveen Mortgage and Income Fund was formed on September 10, 2009 and is domiciled in the United States.
Earnings Per Share
As for profitability, Nuveen Mortgage Opportunity Term Fund Nuveen Mortgage Opportunity Term Fund has a trailing twelve months EPS of $-2.28.
Moving Average
Nuveen Mortgage Opportunity Term Fund Nuveen Mortgage Opportunity Term Fund’s worth is below its 50-day moving average of $17.42 and above its 200-day moving average of $16.68.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Oct 12, 2023, the estimated forward annual dividend rate is 1.7 and the estimated forward annual dividend yield is 10.92%.
More news about Nuveen Mortgage Opportunity Term Fund Nuveen Mortgage Opportunity Term Fund.
2. Camden National Corporation (CAC) – Dividend Yield: 5.51%
Camden National Corporation’s last close was $30.50, 23.17% under its 52-week high of $39.70. Intraday change was -0.62%.
Camden National Corporation operates as the bank holding company for Camden National Bank that provides various commercial and consumer banking products and services for consumer, institutional, municipal, non-profit, and commercial customers. The company accepts checking, savings, time, and brokered deposits, as well as deposits with the certificate of deposit account registry system. It also offers non-owner-occupied commercial estate loans, owner-occupied commercial real estate loans, unsecured fully-guaranteed commercial loans backed by the U.S. small business administration, loans secured by one-to four-family properties, and consumer and home equity loans. In addition, the company provides brokerage and insurance services through its financial offerings consisting of college, retirement, estate planning, mutual funds, strategic asset management accounts, and variable and fixed annuities. Further, it offers a range of fiduciary and asset management, wealth management, investment management, financial planning, and trustee services. As of December 31, 2021, the company had 57 branches within Maine; one residential mortgage lending office in Braintree, Massachusetts; two locations in New Hampshire, including a branch in Portsmouth and a commercial loan production office in Manchester; and an online residential mortgage and small commercial digital loan platform, as well as 66 ATMs. Camden National Corporation was founded in 1875 and is headquartered in Camden, Maine.
Earnings Per Share
As for profitability, Camden National Corporation has a trailing twelve months EPS of $2.97.
PE Ratio
Camden National Corporation has a trailing twelve months price to earnings ratio of 10.27. Meaning, the purchaser of the share is investing $10.27 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 9.17%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is a negative 19.5% and a negative 14.1%, respectively.
Moving Average
Camden National Corporation’s worth is under its 50-day moving average of $31.46 and below its 200-day moving average of $32.75.
Yearly Top and Bottom Value
Camden National Corporation’s stock is valued at $30.50 at 10:15 EST, way under its 52-week high of $39.70 and way above its 52-week low of $26.52.
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3. Western Asset Investment Grade Defined Opportunity Trust (IGI) – Dividend Yield: 5.33%
Western Asset Investment Grade Defined Opportunity Trust’s last close was $16.77, 5.73% below its 52-week high of $17.79. Intraday change was 0.9%.
Western Asset Investment Grade Defined Opportunity Trust Inc. is a close-ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. It is co-managed by Western Asset Management Company, Western Asset Management Company Pte. Ltd, Western Asset Management Company Ltd., and Western Asset Management Company Limited. The fund invests in fixed income markets of the United States. It seeks to invest in securities of companies operating across diversified sectors. The fund primarily invests in investment-grade corporate debt securities with varied maturities. It will liquidate on or about December 2, 2024. The fund conducts in-house research to make its investments. Western Asset Investment Grade Defined Opportunity Trust Inc. was formed on June 26, 2009 and is domiciled in the United States.
Earnings Per Share
As for profitability, Western Asset Investment Grade Defined Opportunity Trust has a trailing twelve months EPS of $-0.51.
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4. Viper Energy Partners LP (VNOM) – Dividend Yield: 4.77%
Viper Energy Partners LP’s last close was $37.13, 9.92% below its 52-week high of $41.22. Intraday change was -2.7%.
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 $2.69.
PE Ratio
Viper Energy Partners LP has a trailing twelve months price to earnings ratio of 13.8. Meaning, the purchaser of the share is investing $13.8 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%.
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