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Orchid Island Capital, ARMOUR Residential REIT, Another 6 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Orchid Island Capital (ORC), ARMOUR Residential REIT (ARR), Wells Fargo Advantage Global Dividend Opportunity Fund (EOD) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Orchid Island Capital (ORC) 16.92% 2024-05-30 10:44:06
ARMOUR Residential REIT (ARR) 15.17% 2024-05-26 21:10:05
Wells Fargo Advantage Global Dividend Opportunity Fund (EOD) 11.3% 2024-05-28 04:23:06
Midland States Bancorp (MSBI) 5.49% 2024-05-24 07:14:06
ManpowerGroup (MAN) 4.14% 2024-05-29 15:07:05
Oconee Federal Financial Corp. (OFED) 3.08% 2024-06-05 03:23:06
McDonald’s (MCD) 2.58% 2024-06-09 03:15:36
Allstate (ALL) 2.23% 2024-06-09 03:14:54

Almost 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. Orchid Island Capital (ORC) – Dividend Yield: 16.92%

Orchid Island Capital’s last close was $8.51, 24.49% below its 52-week high of $11.27. Intraday change was 0.71%.

Orchid Island Capital, Inc., a specialty finance company, invests in residential mortgage-backed securities (RMBS) in the United States. The company's RMBS is backed by single-family residential mortgage loans, referred as Agency RMBS. Its portfolio includes traditional pass-through Agency RMBS, such as mortgage pass through certificates and collateralized mortgage obligations; and structured Agency RMBS comprising interest only securities, inverse interest only securities, and principal only securities. The company has elected to be taxed as a real estate investment trust (REIT) for the United States federal income tax purposes. As a result, it would not be subject to corporate income tax on that portion of its net income that is distributed to stockholders, if it annually distributes dividends equal to at least 90% of its REIT taxable income to its stockholders. Orchid Island Capital, Inc. was incorporated in 2010 and is headquartered in Vero Beach, Florida.

Earnings Per Share

As for profitability, Orchid Island Capital has a trailing twelve months EPS of $-0.6.

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 -4.93%.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is 94.1% and 92.9%, respectively.

Moving Average

Orchid Island Capital’s value is under its 50-day moving average of $8.57 and above its 200-day moving average of $8.32.

Revenue Growth

Year-on-year quarterly revenue growth grew by 175.5%, now sitting on -5.71M for the twelve trailing months.

More news about Orchid Island Capital.

2. ARMOUR Residential REIT (ARR) – Dividend Yield: 15.17%

ARMOUR Residential REIT’s last close was $18.98, 29.7% under its 52-week high of $27.00. Intraday change was 1.77%.

ARMOUR Residential REIT, Inc. invests in residential mortgage backed securities (MBS) in the United States. The company's securities portfolio primarily consists of the United States Government-sponsored entity's (GSE) and the Government National Mortgage Administration's issued or guaranteed securities backed by fixed rate, hybrid adjustable rate, and adjustable rate home loans, as well as unsecured notes and bonds issued by the GSE and the United States treasuries; and money market instruments. It also invests in other securities backed by residential mortgages for which the payment of principal and interest is not guaranteed by a GSE or government agency. The company has elected to be taxed as a real estate investment trust under the Internal Revenue Code. As a result, it would not be subject to corporate income tax on that portion of its net income that is distributed to shareholders. ARMOUR Residential REIT, Inc. was founded in 2008 and is based in Vero Beach, Florida.

Earnings Per Share

As for profitability, ARMOUR Residential REIT has a trailing twelve months EPS of $-0.67.

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 -1.79%.

Volume

Today’s last reported volume for ARMOUR Residential REIT is 918853 which is 14.11% below its average volume of 1069880.

More news about ARMOUR Residential REIT.

3. Wells Fargo Advantage Global Dividend Opportunity Fund (EOD) – Dividend Yield: 11.3%

Wells Fargo Advantage Global Dividend Opportunity Fund’s last close was $4.84, 1.22% under its 52-week high of $4.90. Intraday change was 1.68%.

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund is a closed-ended equity mutual fund launched and managed by Wells Fargo Funds Management, LLC. It is co-managed by Crow Point Partners, LLC and Wells Capital Management Incorporated. The fund invests in the public equity markets across the globe. It invests in stocks of companies operating across diversified sectors with an emphasis on utilities, telecom, and energy sectors. The fund primarily invests in dividend paying stocks of companies. Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund was formed on March 28, 2007 and is domiciled in the United States.

Earnings Per Share

As for profitability, Wells Fargo Advantage Global Dividend Opportunity Fund has a trailing twelve months EPS of $-0.06.

Volume

Today’s last reported volume for Wells Fargo Advantage Global Dividend Opportunity Fund is 92267 which is 27.13% below its average volume of 126632.

Moving Average

Wells Fargo Advantage Global Dividend Opportunity Fund’s worth is above its 50-day moving average of $4.66 and way above its 200-day moving average of $4.36.

More news about Wells Fargo Advantage Global Dividend Opportunity Fund.

4. Midland States Bancorp (MSBI) – Dividend Yield: 5.49%

Midland States Bancorp’s last close was $22.59, 20.65% below its 52-week high of $28.47. Intraday change was -2.88%.

Midland States Bancorp, Inc. operates as a financial holding company for Midland States Bank that provides various banking products and services to individuals, businesses, municipalities, and other entities. It operates through Banking, Wealth Management, and Other segments. The company provides a range of financial products and services to consumers and businesses, including commercial loans to finance agricultural equipment and production; and commercial real estate loans for owner occupied offices, warehouses and production facilities, office buildings, hotels, mixed-use residential and commercial facilities, retail centers, multifamily properties, and assisted living facilities. In addition, it offers construction and land development loans, such as real estate investment properties and residential developments, and lesser extent loans; and residential real estate loans, which includes first and second mortgage loans, and home equity lines of credit consisting of loans secured by first or second mortgages on primarily owner occupied primary residences. The company also provides consumer installment loans for the purchase of cars, boats and other recreational vehicles, as well as for the purchase of major appliances and other home improvement projects; and commercial equipment leasing programs for manufacturing, construction, transportation, and healthcare industries. Further, it offers merchant services; deposit products, including checking, time, savings, money market, and certificates of deposit, as well as sweep accounts; letters of credit; and trust and wealth management services, such as financial and estate planning, trustee and custodial, investment management, tax, insurance, and business planning, corporate retirement plan consulting and administration, and retail brokerage services. The company was founded in 1881 and is headquartered in Effingham, Illinois.

Earnings Per Share

As for profitability, Midland States Bancorp has a trailing twelve months EPS of $2.64.

PE Ratio

Midland States Bancorp has a trailing twelve months price to earnings ratio of 8.56. Meaning, the purchaser of the share is investing $8.56 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 8.63%.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on May 16, 2024, the estimated forward annual dividend rate is 1.24 and the estimated forward annual dividend yield is 5.49%.

Moving Average

Midland States Bancorp’s value is below its 50-day moving average of $23.71 and below its 200-day moving average of $23.64.

Revenue Growth

Year-on-year quarterly revenue growth declined by 13.7%, now sitting on 271.43M for the twelve trailing months.

Volume

Today’s last reported volume for Midland States Bancorp is 59384 which is 0.17% above its average volume of 59280.

More news about Midland States Bancorp.

5. ManpowerGroup (MAN) – Dividend Yield: 4.14%

ManpowerGroup’s last close was $74.35, 16.38% under its 52-week high of $88.91. Intraday change was -2.75%.

ManpowerGroup Inc. provides workforce solutions and services in the Americas, Southern Europe, Northern Europe, and the Asia Pacific Middle East region. The company offers recruitment services, including permanent, temporary, and contract recruitment of professionals, as well as administrative and industrial positions under the Manpower and Experis brands. It also offers various assessment services; training and development services; career management; and outsourcing services related to human resources functions primarily in the areas of large-scale recruiting and workforce-intensive initiatives. In addition, the company provides workforce consulting services; contingent staffing and permanent recruitment services; professional resourcing and project-based solutions in information technology, engineering, and finance fields; solutions in the areas of organizational efficiency, individual development, and career mobility; and recruitment process outsourcing, TAPFIN managed, and talent based outsourcing services, as well as Proservia services in the areas of digital services market and IT infrastructure sector. It operates through a network of approximately 2,500 offices in 75 countries and territories. The company was founded in 1948 and is headquartered in Milwaukee, Wisconsin.

Earnings Per Share

As for profitability, ManpowerGroup has a trailing twelve months EPS of $1.06.

PE Ratio

ManpowerGroup has a trailing twelve months price to earnings ratio of 68.21. Meaning, the purchaser of the share is investing $68.21 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 2.16%.

Sales Growth

ManpowerGroup’s sales growth for the current quarter is negative 6.8%.

Yearly Top and Bottom Value

ManpowerGroup’s stock is valued at $72.30 at 10:15 EST, way under its 52-week high of $88.91 and above its 52-week low of $67.35.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Jun 3, 2024, the estimated forward annual dividend rate is 3.08 and the estimated forward annual dividend yield is 4.14%.

More news about ManpowerGroup.

6. Oconee Federal Financial Corp. (OFED) – Dividend Yield: 3.08%

Oconee Federal Financial Corp.’s last close was $13.00, 23.08% below its 52-week high of $16.90. Intraday change was 0%.

Oconee Federal Financial Corp. operates as a holding company for Oconee Federal Savings and Loan Association that provides various banking products and services in the Oconee County area of northwestern South Carolina and the northeast area of Georgia. It offers deposit products, including demand, NOW, money market, savings, certificates of deposit, and individual retirement accounts. The company's loan portfolio comprises one-to-four family and multi-family residential mortgage loans; home equity loans and lines of credit; nonresidential real estate loans; construction and land loans; commercial and industrial loans; agricultural loans; and consumer and other loans. It operates through its executive office and eight branch offices located in Oconee and Pickens Counties, South Carolina; and Stephens and Rabun Counties, Georgia. The company was founded in 1924 and is based in Seneca, South Carolina. Oconee Federal Financial Corp. operates as a subsidiary of Oconee Federal, MHC.

Earnings Per Share

As for profitability, Oconee Federal Financial Corp. has a trailing twelve months EPS of $0.73.

PE Ratio

Oconee Federal Financial Corp. has a trailing twelve months price to earnings ratio of 17.55. Meaning, the purchaser of the share is investing $17.55 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 4.55%.

More news about Oconee Federal Financial Corp..

7. McDonald’s (MCD) – Dividend Yield: 2.58%

McDonald’s’s last close was $256.21, 15.27% below its 52-week high of $302.39. Intraday change was -0.46%.

McDonald's Corporation operates and franchises restaurants under the McDonald's brand in the United States and internationally. It offers food and beverages, including hamburgers and cheeseburgers, various chicken sandwiches, fries, shakes, desserts, sundaes, cookies, pies, soft drinks, coffee, and other beverages; and full or limited breakfast, as well as sells various other products during limited-time promotions. The company owns and operates under various structures comprising conventional franchise, developmental license, or affiliate. McDonald's Corporation was founded in 1940 and is based in Chicago, Illinois.

Earnings Per Share

As for profitability, McDonald’s has a trailing twelve months EPS of $11.55.

PE Ratio

McDonald’s has a trailing twelve months price to earnings ratio of 23.15. Meaning, the purchaser of the share is investing $23.15 for every dollar of annual earnings.

Moving Average

McDonald’s’s value is below its 50-day moving average of $270.52 and below its 200-day moving average of $278.11.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter is a negative 2.2% and positive 4.4% for the next.

More news about McDonald’s.

8. Allstate (ALL) – Dividend Yield: 2.23%

Allstate’s last close was $165.06, 6.94% under its 52-week high of $177.37. Intraday change was 0.72%.

The Allstate Corporation, together with its subsidiaries, provides property and casualty, and other insurance products in the United States and Canada. It operates in five segments: Allstate Protection; Protection Services; Allstate Health and Benefits; Run-off Property-Liability; and Corporate and Other segments. The Allstate Protection segment offers private passenger auto and homeowners insurance; other personal lines products; and commercial lines products through agents, contact centers, and online. The Protection Services segment provides consumer product protection; protection and insurance products, including vehicle service contracts, guaranteed asset protection, road hazard tire and wheel, and paintless dent repair protection; and roadside assistance, device and mobile data collection services, and analytic solutions using automotive telematics information, as well as identity theft protection and remediation services. This segment also offers its products under various brands, including Allstate Protection Plans, Allstate Dealer Services, Allstate Roadside, Arity, Avail, and Allstate Identity Protection. The Allstate Health and Benefits segment provides life, accident, critical illness, short-term disability, and other health insurance products; stop-loss and fully insured group health products to employers; and short-term medical and medicare supplement insurance to individuals. The Run-off Property-Liability segment offers property and casualty insurance coverage that primarily relates to policies written during the 1960s through the mid-1980s. The Corporate and Other segment provides debt services, as well as non-insurance operations. It sells its products through agents, independent agents, call and contact centers, retailers, direct to consumer, wholesale partners, and affinity groups, as well as through online and mobile applications. The Allstate Corporation was founded in 1931 and is headquartered in Northbrook, Illinois.

Earnings Per Share

As for profitability, Allstate has a trailing twelve months EPS of $-1.19.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 7.28%.

More news about Allstate.

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