Orchid Island Capital, Monroe Capital Corporation, Another 6 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Orchid Island Capital (ORC), Monroe Capital Corporation (MRCC), AllianzGI Convertible & Income Fund (NCV) have the highest dividend yield stocks on this list.

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. Orchid Island Capital (ORC) – Dividend Yield: 20.02%

Orchid Island Capital’s last close was $9.29, 27.7% below its 52-week high of $12.85. Intraday change was -2.31%.

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 $-0.65.

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 -7.19%.

Sales Growth

Orchid Island Capital’s sales growth is negative 129% for the ongoing quarter and negative 387.9% for the next.

Volume

Today’s last reported volume for Orchid Island Capital is 1569630 which is 23.35% above its average volume of 1272410.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is a negative 184.6% and a negative 122.2%, respectively.

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2. Monroe Capital Corporation (MRCC) – Dividend Yield: 13.02%

Monroe Capital Corporation’s last close was $7.68, 17.42% below its 52-week high of $9.30. Intraday change was -2.99%.

Monroe Capital Corporation is a business development company specializing in customized financing solutions in senior, unitranche and junior secured debt and to a lesser extent, unsecured debt and equity, including equity co-investments in preferred and common stock and warrants. It also provides financing primarily to buyouts in lower middle-market companies. It focuses to invest in the United States and Canada. The fund prefers to invest in companies with EBITDA between $3 and $35 million.

Earnings Per Share

As for profitability, Monroe Capital Corporation has a trailing twelve months EPS of $0.12.

PE Ratio

Monroe Capital Corporation has a trailing twelve months price to earnings ratio of 62.08. Meaning, the purchaser of the share is investing $62.08 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 1.24%.

Volatility

Monroe Capital Corporation’s last week, last month’s, and last quarter’s current intraday variation average was a positive 0.60%, a negative 0.19%, and a positive 1.41%.

Monroe Capital Corporation’s highest amplitude of average volatility was 0.60% (last week), 2.17% (last month), and 1.41% (last quarter).

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3. AllianzGI Convertible & Income Fund (NCV) – Dividend Yield: 12.14%

AllianzGI Convertible & Income Fund’s last close was $3.30, 20.29% below its 52-week high of $4.14. Intraday change was -1.79%.

Virtus Convertible & Income Fund is a closed ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Allianz Global Investors U.S. LLC. It invests in fixed income markets of the United States. The fund primarily invests in convertible securities and non-convertible high-yield bonds rated below investment grade. It invests in securities with a broad range of maturities, with a weighted average maturity ranging between five to ten years. The fund employs fundamental analysis with a bottom up stock picking approach to create its portfolio. It conducts in house research using proprietary models. The fund was formerly known as AGIC Convertible & Income Fund. Virtus Convertible & Income Fund was formed on March 31, 2003 and is domiciled in the United States.

Earnings Per Share

As for profitability, AllianzGI Convertible & Income Fund has a trailing twelve months EPS of $-0.9.

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 -12.57%.

Moving Average

AllianzGI Convertible & Income Fund’s value is under its 50-day moving average of $3.40 and below its 200-day moving average of $3.48.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Sep 7, 2023, the estimated forward annual dividend rate is 0.41 and the estimated forward annual dividend yield is 12.14%.

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4. Crestwood Equity Partners LP (CEQP) – Dividend Yield: 9.23%

Crestwood Equity Partners LP’s last close was $28.90, 8.14% below its 52-week high of $31.46. Intraday change was 1.05%.

Crestwood Equity Partners LP provides a range of infrastructure solutions to liquids-rich natural gas and crude oil shale plays in the United States. It operates through three segments: Gathering and Processing (G&P); Storage and Transportation (S&T); and Marketing, Supply and Logistics (MS&L). The G&P segment offers gathering and transportation services for natural gas, crude oil, and produced water; and processing, treating, compression, and disposal services for natural gas. The S&T segment provides crude oil and natural gas storage and transportation services to producers, utilities, and other customers; and operates crude oil terminals in the Bakken and Powder River Basin, as well as natural gas storage and transportation assets in the Northeast and Texas Gulf Coast. The MS&L segment offers natural gas liquid (NGL), crude oil, and natural gas marketing and logistics services to producers, refiners, marketers, and other customers. The company owns and operates natural gas facilities with approximately 2.9 billion cubic feet of natural gas/day (Bcf/d) of gathering capacity and 1.2 Bcf/d of processing capacity; crude oil facilities with approximately 150,000 Bbls/d of gathering capacity and 266,000 Bbls of storage capacity; and produced water facilities with approximately 180,000 Bbls/d of gathering and disposal capacity. Crestwood Equity GP LLC serves as the general partner of Crestwood Equity Partners LP. The company was formerly known as Inergy L.P. and changed its name to Crestwood Equity Partners LP in October 2013. Crestwood Equity Partners LP was founded in 2001 and is headquartered in Houston, Texas.

Earnings Per Share

As for profitability, Crestwood Equity Partners LP has a trailing twelve months EPS of $0.91.

PE Ratio

Crestwood Equity Partners LP has a trailing twelve months price to earnings ratio of 31.76. Meaning, the purchaser of the share is investing $31.76 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 8.68%.

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5. Eaton Vance Enhance Equity Income Fund Eaton Vance Enhanced Equity Income Fund Shares of Beneficial Interest (EOI) – Dividend Yield: 7.82%

Eaton Vance Enhance Equity Income Fund Eaton Vance Enhanced Equity Income Fund Shares of Beneficial Interest’s last close was $16.65, 2% under its 52-week high of $16.99. Intraday change was -0.95%.

Eaton Vance Enhanced Equity Income Fund is a closed ended equity mutual fund launched and managed by Eaton Vance Management. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors. The fund invests in the stocks of large-cap and mid-cap companies with a focus on investing in companies with above average growth and financial condition against valuation in selecting individual securities. It benchmarks the performance of its portfolio against S&P 500 Index. Eaton Vance Enhanced Equity Income Fund was formed on October 29, 2004 and is domiciled in the United States.

Earnings Per Share

As for profitability, Eaton Vance Enhance Equity Income Fund Eaton Vance Enhanced Equity Income Fund Shares of Beneficial Interest has a trailing twelve months EPS of $-1.21.

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 -7.13%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 9.4%, now sitting on 9.99M for the twelve trailing months.

Volume

Today’s last reported volume for Eaton Vance Enhance Equity Income Fund Eaton Vance Enhanced Equity Income Fund Shares of Beneficial Interest is 52146 which is 15.35% below its average volume of 61604.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Sep 20, 2023, the estimated forward annual dividend rate is 1.31 and the estimated forward annual dividend yield is 7.82%.

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6. Toronto Dominion Bank (TD) – Dividend Yield: 4.81%

Toronto Dominion Bank’s last close was $60.58, 14.28% below its 52-week high of $70.67. Intraday change was 0.76%.

The Toronto-Dominion Bank, together with its subsidiaries, provides various financial products and services in Canada, the United States, and internationally. It operates through three segments: Canadian Retail, U.S. Retail, and Wholesale Banking. The company offers personal deposits, such as chequing, savings, and investment products; financing, investment, cash management, international trade, and day-to-day banking services to businesses; and financing options to customers at point of sale for automotive and recreational vehicle purchases. It also provides credit cards and payments; real estate secured lending, auto finance, and consumer lending services; point-of-sale payment solutions for large and small businesses; wealth and asset management products, and advice to retail and institutional clients through direct investing, advice-based, and asset management businesses; and property and casualty insurance, as well as life and health insurance products. The company also provides capital markets, and corporate and investment banking products and services, including underwriting and distribution of new debt and equity issues; advice on strategic acquisitions and divestitures; and trading, funding, and investment services to corporations, governments, and institutions. It offers its products and services under the TD Bank and America's Most Convenient Bank brand names. It has a strategic alliance with Canada Post Corporation. The Toronto-Dominion Bank was founded in 1855 and is headquartered in Toronto, Canada.

Earnings Per Share

As for profitability, Toronto Dominion Bank has a trailing twelve months EPS of $5.67.

PE Ratio

Toronto Dominion Bank has a trailing twelve months price to earnings ratio of 10.77. Meaning, the purchaser of the share is investing $10.77 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 13.53%.

Moving Average

Toronto Dominion Bank’s worth is below its 50-day moving average of $62.71 and under its 200-day moving average of $63.22.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is a negative 13.4% and a negative 7.4%, respectively.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Toronto Dominion Bank’s stock is considered to be oversold (<=20).

Yearly Top and Bottom Value

Toronto Dominion Bank’s stock is valued at $61.04 at 20:15 EST, way under its 52-week high of $70.67 and way higher than its 52-week low of $55.43.

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7. The Carlyle Group (CG) – Dividend Yield: 4.37%

The Carlyle Group’s last close was $32.16, 16.08% below its 52-week high of $38.32. Intraday change was -1.61%.

The Carlyle Group Inc. is an investment firm specializing in direct and fund of fund investments. Within direct investments, it specializes in management-led/ Leveraged buyouts, privatizations, divestitures, strategic minority equity investments, structured credit, global distressed and corporate opportunities, small and middle market, equity private placements, consolidations and buildups, senior debt, mezzanine and leveraged finance, and venture and growth capital financings, seed/startup, early venture, emerging growth, turnaround, mid venture, late venture, PIPES. The firm invests across four segments which include Corporate Private Equity, Real Assets, Global Market Strategies, and Solutions. The firm typically invests in industrial, agribusiness, ecological sector, fintech, airports, parking, Plastics, Rubber, diversified natural resources, minerals, farming, aerospace, defense, automotive, consumer, retail, industrial, infrastructure, energy, power, healthcare, software, software enabled services, semiconductors, communications infrastructure, financial technology, utilities, gaming, systems and related supply chain, electronic systems, systems, oil and gas, processing facilities, power generation assets, technology, systems, real estate, financial services, transportation, business services, telecommunications, media, and logistics sectors. Within the industrial sector, the firm invests in manufacturing, building products, packaging, chemicals, metals and mining, forestry and paper products, and industrial consumables and services. In consumer and retail sectors, it invests in food and beverage, retail, restaurants, consumer products, domestic consumption, consumer services, personal care products, direct marketing, and education. Within aerospace, defense, business services, and government services sectors, it seeks to invest in defense electronics, manufacturing and services, government contracting and services, information technology, distribution companies. In telecommunication and media sectors, it invests in cable TV, directories, publishing, entertainment and content delivery services, wireless infrastructure/services, fixed line networks, satellite services, broadband and Internet, and infrastructure. Within real estate, the firm invests in office, hotel, industrial, retail, for sale residential, student housing, hospitality, multifamily residential, homebuilding and building products, and senior living sectors. The firm seeks to make investments in growing business including those with overleveraged balance sheets. The firm seeks to hold its investments for four to six years. In the healthcare sector, it invests in healthcare services, outsourcing services, companies running clinical trials for pharmaceutical companies, managed care, pharmaceuticals, pharmaceutical related services, healthcare IT, medical, products, and devices. It seeks to invest in companies based in Sub-Saharan focusing on Ghana, Kenya, Mozambique, Botswana, Nigeria, Uganda, West Africa, North Africa and South Africa focusing on Tanzania and Zambia; Asia focusing on Pakistan, India, South East Asia, Indonesia, Philippines, Vietnam, Korea, and Japan; Australia; New Zealand; Europe focusing on France, Italy, Denmark, United Kingdom, Germany, Austria, Belgium, Finland, Iceland, Ireland, Netherlands, Norway, Portugal, Spain, Benelux , Sweden, Switzerland, Hungary, Poland, and Russia; Middle East focusing on Bahrain, Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia, Turkey, and UAE; North America focusing on United States which further invest in Southeastern United States, Texas, Boston, San Francisco Bay Area and Pacific Northwest; Asia Pacific; Soviet Union, Central-Eastern Europe, and Israel; Nordic region; and South America focusing on Mexico, Argentina, Brazil, Chile, and Peru. The firm seeks to invest in food, financial, and healthcare industries in Western China. In the real estate sector, the firm seeks to invest in various locations across Europe focusing on France and Central Europe, United States, Asia focusing on China, and Latin America. It typically invests between $1 million and $50 million for venture investments and between $50 million and $2 billion for buyouts in companies with enterprise value of between $31.57 million and $1000 million and sales value of $10 million and $500 million. It seeks to invest in companies with market capitalization greater than $50 million and EBITDA between $5 million to $25 million. It prefers to take a majority or a minority stake. While investing in Japan, it does not invest in companies with more than 1,000 employees and prefers companies' worth between $100 million and $150 million. The firm originates, structures, and acts as lead equity investor in the transactions. The Carlyle Group Inc. was founded in 1987 and is based in Washington, District of Columbia with additional offices in 21 countries across 5 continents (North America, South America, Asia, Australia and Europe).

Earnings Per Share

As for profitability, The Carlyle Group has a trailing twelve months EPS of $1.12.

PE Ratio

The Carlyle Group has a trailing twelve months price to earnings ratio of 28.87. Meaning, the purchaser of the share is investing $28.87 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 7.7%.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Aug 13, 2023, the estimated forward annual dividend rate is 1.4 and the estimated forward annual dividend yield is 4.37%.

Volume

Today’s last reported volume for The Carlyle Group is 955346 which is 59.04% below its average volume of 2332670.

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8. Clorox Company (CLX) – Dividend Yield: 3.12%

Clorox Company’s last close was $149.60, 16.05% under its 52-week high of $178.21. Intraday change was -1.06%.

The Clorox Company manufactures and markets consumer and professional products worldwide. It operates through four segments: Health and Wellness, Household, Lifestyle, and International. The Health and Wellness segment offers cleaning products, such as laundry additives and home care products primarily under the Clorox, Clorox2, Scentiva, Pine-Sol, Liquid-Plumr, Tilex, and Formula 409 brands; professional cleaning and disinfecting products under the CloroxPro and Clorox Healthcare brands; professional food service products under the Hidden Valley brand; and vitamins, minerals and supplement products under the RenewLife, Natural Vitality, NeoCell, and Rainbow Light brands in the United States. The Household segment provides cat litter products under the Fresh Step and Scoop Away brands; bags and wraps under the Glad brand; and grilling products under the Kingsford brand in the United States. The Lifestyle segment offers dressings, dips, seasonings, and sauces primarily under the Hidden Valley brand; natural personal care products under the Burt's Bees brand; and water-filtration products under the Brita brand in the United States. The International segment provides laundry additives; home care products; water-filtration systems; digestive health products; grilling products; cat litter products; food products; bags and wraps; natural personal care products; and professional cleaning and disinfecting products internationally primarily under the Clorox, Ayudin, Clorinda, Poett, Pine-Sol, Glad, Brita, RenewLife, Ever Clean and Burt's Bees brands. It sells its products primarily through mass retailers; grocery outlets; warehouse clubs; dollar stores; home hardware centers; drug, pet, and military stores; third-party and owned e-commerce channels; and distributors, as well as a direct sales force The Clorox Company was founded in 1913 and is headquartered in Oakland, California.

Earnings Per Share

As for profitability, Clorox Company has a trailing twelve months EPS of $1.2.

PE Ratio

Clorox Company has a trailing twelve months price to earnings ratio of 123.35. Meaning, the purchaser of the share is investing $123.35 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 28.83%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Clorox Company’s EBITDA is 2.92.

Revenue Growth

Year-on-year quarterly revenue growth grew by 12.1%, now sitting on 7.39B for the twelve trailing months.

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