(VIANEWS) – Office Properties Income Trust (OPI), Grindrod Shipping Holdings Ltd. (GRIN), Western Asset High Yield Defined Opportunity Fund (HYI) have the highest dividend yield stocks on this list.
| Financial Asset | Forward Dividend Yield | Updated (EST) |
|---|---|---|
| Office Properties Income Trust (OPI) | 40.4% | 2023-10-06 07:11:06 |
| Grindrod Shipping Holdings Ltd. (GRIN) | 14.7% | 2023-10-04 15:14:10 |
| Western Asset High Yield Defined Opportunity Fund (HYI) | 9.99% | 2023-10-10 17:06:08 |
| W.P. Carey REIT (WPC) | 7.94% | 2023-10-13 16:41:05 |
| Hope Bancorp (HOPE) | 6.53% | 2023-10-04 19:14:05 |
| First American Corporation (FAF) | 3.91% | 2023-10-09 23:13:05 |
| NRG Energy (NRG) | 3.68% | 2023-10-15 03:18:55 |
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. Office Properties Income Trust (OPI) – Dividend Yield: 40.4%
Office Properties Income Trust’s last close was $3.96, 78.12% below its 52-week high of $18.10. Intraday change was 0.25%.
OPI is a national REIT focused on owning and leasing high quality office and mixed-use properties in select growth-oriented U.S. markets. As of June 30, 2023, approximately 63% of OPI's revenues were from investment grade rated tenants. OPI owned and leased 155 properties as of June 30, 2023, with approximately 20.8 million square feet located in 30 states and Washington, D.C. In 2023, OPI was named as an Energy Star Partner of the Year for the sixth consecutive year. OPI is managed by The RMR Group (Nasdaq: RMR), a leading U.S. alternative asset management company with approximately $36 billion in assets under management as of June 30, 2023, and more than 35 years of institutional experience in buying, selling, financing and operating commercial real estate. OPI is headquartered in Newton, MA.
Earnings Per Share
As for profitability, Office Properties Income Trust has a trailing twelve months EPS of $0.2.
PE Ratio
Office Properties Income Trust has a trailing twelve months price to earnings ratio of 19.8. Meaning, the purchaser of the share is investing $19.8 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 0.77%.
Sales Growth
Office Properties Income Trust’s sales growth is negative 3.6% for the present quarter and 146.8% for the next.
More news about Office Properties Income Trust.
2. Grindrod Shipping Holdings Ltd. (GRIN) – Dividend Yield: 14.7%
Grindrod Shipping Holdings Ltd.’s last close was $9.23, 64.89% below its 52-week high of $26.29. Intraday change was 0.54%.
Grindrod Shipping Holdings Ltd., an international shipping company, owns, charters-in, and operates a fleet of dry bulk carriers and tankers worldwide. It operates a fleet of 23 owned dry bulk carriers and 8 long-term chartered-in dry bulk carriers that transport a range of bulk and breakbulk commodities, including ores, coal, grains, forestry products, steel products, and fertilizers. The company also operates a fleet of four owned tankers, which carry petroleum products, such as petrol, diesel, jet fuel, and naptha, as well as heavy fuel oil; and low hazard chemical products comprising liquid bulk vegetable oils. Its customers include shipping companies, trading houses, mining companies, industrial manufacturing companies, and oil companies, as well as traders of grains, steel, and forestry products. The company was founded in 1910 and is based in Singapore.
Earnings Per Share
As for profitability, Grindrod Shipping Holdings Ltd. has a trailing twelve months EPS of $0.95.
PE Ratio
Grindrod Shipping Holdings Ltd. has a trailing twelve months price to earnings ratio of 9.77. Meaning, the purchaser of the share is investing $9.77 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 5.57%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 32.5%, now sitting on 374.44M for the twelve trailing months.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Jun 7, 2023, the estimated forward annual dividend rate is 1.37 and the estimated forward annual dividend yield is 14.7%.
Yearly Top and Bottom Value
Grindrod Shipping Holdings Ltd.’s stock is valued at $9.28 at 10:15 EST, way below its 52-week high of $26.29 and way higher than its 52-week low of $6.80.
More news about Grindrod Shipping Holdings Ltd..
3. Western Asset High Yield Defined Opportunity Fund (HYI) – Dividend Yield: 9.99%
Western Asset High Yield Defined Opportunity Fund’s last close was $11.45, 11.99% under its 52-week high of $13.01. Intraday change was -0.52%.
Western Asset High Yield Defined Opportunity 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 Pte. Ltd., Western Asset Management Company Ltd and Western Asset Management Company Limited. It invests fixed income markets across the globe. The fund invests in high-yield corporate fixed income securities with varying maturities. It invests in below investment grade fixed income securities. Western Asset High Yield Defined Opportunity Fund Inc. was formed on July 20, 2010 and is domiciled in the United States.
Earnings Per Share
As for profitability, Western Asset High Yield Defined Opportunity Fund has a trailing twelve months EPS of $-0.33.
Volume
Today’s last reported volume for Western Asset High Yield Defined Opportunity Fund is 28065 which is 56.85% below its average volume of 65043.
More news about Western Asset High Yield Defined Opportunity Fund.
4. W.P. Carey REIT (WPC) – Dividend Yield: 7.94%
W.P. Carey REIT’s last close was $53.94, 37.24% below its 52-week high of $85.94. Intraday change was 0.41%.
W. P. Carey ranks among the largest net lease REITs with an enterprise value of approximately $18 billion and a diversified portfolio of operationally-critical commercial real estate that includes 1,215 net lease properties covering approximately 142 million square feet as of September 30, 2020. For nearly five decades, the company has invested in high-quality single-tenant industrial, warehouse, office, retail and self-storage properties subject to long-term net leases with built-in rent escalators. Its portfolio is located primarily in the U.S. and Northern and Western Europe and is well-diversified by tenant, property type, geographic location and tenant industry.
Earnings Per Share
As for profitability, W.P. Carey REIT has a trailing twelve months EPS of $3.57.
PE Ratio
W.P. Carey REIT has a trailing twelve months price to earnings ratio of 15.17. Meaning, the purchaser of the share is investing $15.17 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 8.91%.
Volume
Today’s last reported volume for W.P. Carey REIT is 1434020 which is 1.35% above its average volume of 1414810.
Earnings Before Interest, Taxes, Depreciation, and Amortization
W.P. Carey REIT’s EBITDA is 60.37.
Volatility
W.P. Carey REIT’s last week, last month’s, and last quarter’s current intraday variation average was a positive 0.19%, a negative 0.93%, and a positive 1.08%.
W.P. Carey REIT’s highest amplitude of average volatility was 0.79% (last week), 1.58% (last month), and 1.08% (last quarter).
Moving Average
W.P. Carey REIT’s worth is way under its 50-day moving average of $61.37 and way below its 200-day moving average of $71.79.
More news about W.P. Carey REIT.
5. Hope Bancorp (HOPE) – Dividend Yield: 6.53%
Hope Bancorp’s last close was $8.60, 39.09% below its 52-week high of $14.12. Intraday change was 0.35%.
Hope Bancorp, Inc. operates as the bank holding company for Bank of Hope that provides banking services for small and medium-sized businesses, and individuals in the United States. The company accepts personal and business checking, money market, savings, time deposit, and individual retirement accounts. Its loan products include commercial loans to businesses for various purposes, such as working capital, purchasing inventory, debt refinancing, business acquisitions, and other business related financing needs; real estate loans; small business administration loans; and consumer loans, such as single-family mortgage, home equity, auto, credit card, and personal loans. The company also offers trade finance services, including the issuance and negotiation of letters of credit, as well as handles documentary collections; warehouse lines of credit to mortgage loan originators; and commercial equipment lease financing. In addition, it provides cash management services, such as remote deposit capture, lock box, and ACH origination services; investment and wealth management services; mobile banking services; debit card services; foreign exchanges services, safe deposit boxes, and other customary bank services; internet banking services; and automated teller machine services. As of January 26, 2021, the company operated 58 full-service branches in California, Washington, Texas, Illinois, New York, New Jersey, Virginia, and Alabama; SBA loan production offices in Seattle, Denver, Dallas, Atlanta, Portland, Oregon, New York City, Northern California, and Houston; commercial loan production office in Northern California and Seattle; residential mortgage loan production offices in Southern California; and a representative office in Seoul, Korea. The company was formerly known as BBCN Bancorp, Inc. and changed its name to Hope Bancorp, Inc. in August 2016. Hope Bancorp, Inc. was incorporated in 2000 and is headquartered in Los Angeles, California.
Earnings Per Share
As for profitability, Hope Bancorp has a trailing twelve months EPS of $1.52.
PE Ratio
Hope Bancorp has a trailing twelve months price to earnings ratio of 5.66. Meaning, the purchaser of the share is investing $5.66 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 8.98%.
Moving Average
Hope Bancorp’s worth is way below its 50-day moving average of $9.67 and way under its 200-day moving average of $10.30.
Sales Growth
Hope Bancorp’s sales growth is negative 17% for the current quarter and negative 15.4% for the next.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is a negative 42.2% and a negative 39.5%, respectively.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Aug 1, 2023, the estimated forward annual dividend rate is 0.56 and the estimated forward annual dividend yield is 6.53%.
More news about Hope Bancorp.
6. First American Corporation (FAF) – Dividend Yield: 3.91%
First American Corporation’s last close was $54.20, 16.18% under its 52-week high of $64.66. Intraday change was -0.04%.
First American Financial Corporation, through its subsidiaries, provides financial services. It operates through Title Insurance and Services, and Specialty Insurance segments. The Title Insurance and Services segment issues title insurance policies on residential and commercial property, as well as offers related products and services. This segment also provides closing and/or escrow services; products, services, and solutions to mitigate risk or otherwise facilitate real estate transactions; and appraisals and other valuation-related products and services, lien release and document custodial services, warehouse lending services, default-related products and services, mortgage subservicing, and related products and services, as well as banking, trust, and wealth management services. In addition, it accommodates tax-deferred exchanges of real estate; and maintains, manages, and provides access to title plant data and records. This segment offers its products through a network of direct operations and agents in 49 states and in the District of Columbia, as well as in Canada, the United Kingdom, Australia, South Korea, and internationally. The Specialty Insurance segment provides property and casualty insurance comprising coverage to residential homeowners and renters for liability losses and typical hazards, such as fire, theft, vandalism, and other types of property damage. It also offers residential service contracts that cover residential systems, such as heating and air conditioning systems, and appliances against failures that occur as the result of normal usage during the coverage period. First American Financial Corporation was founded in 1889 and is headquartered in Santa Ana, California.
Earnings Per Share
As for profitability, First American Corporation has a trailing twelve months EPS of $2.32.
PE Ratio
First American Corporation has a trailing twelve months price to earnings ratio of 23.36. Meaning, the purchaser of the share is investing $23.36 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 4.92%.
Sales Growth
First American Corporation’s sales growth is negative 23.3% for the present quarter and negative 3% for the next.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Sep 6, 2023, the estimated forward annual dividend rate is 2.12 and the estimated forward annual dividend yield is 3.91%.
More news about First American Corporation.
7. NRG Energy (NRG) – Dividend Yield: 3.68%
NRG Energy’s last close was $41.01, 10.46% under its 52-week high of $45.80. Intraday change was -0.89%.
NRG Energy, Inc., together with its subsidiaries, operates as an integrated power company in the United States. It operates through Texas, East, and West segments. The company is involved in producing and selling electricity and related products and services to approximately residential, commercial, industrial, and wholesale customers. It generates electricity using natural gas, coal, oil, solar, nuclear, and battery storage. The company also provides system power, distributed generation, renewable products, backup generation, storage and distributed solar, demand response, and energy efficiency and advisory services, as well as carbon management and specialty services. In addition, it trades in electric power, natural gas, and related commodities; environmental products; weather products; and financial products, including forwards, futures, options, and swaps. Further, the company procures fuels; and sells energy, services, and products and services under the NRG, Reliant, Direct Energy, Green Mountain Energy, Stream, and XOOM Energy. NRG Energy, Inc. was founded in 1989 and is headquartered in Houston, Texas.
Earnings Per Share
As for profitability, NRG Energy has a trailing twelve months EPS of $-8.76.
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 -47.61%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
NRG Energy’s EBITDA is 24.69.
More news about NRG Energy.
