Orchid Island Capital, Portman Ridge Finance Corporation, Another 4 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Orchid Island Capital (ORC), Portman Ridge Finance Corporation (PTMN), New Residential Investment (NRZ) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Orchid Island Capital (ORC) 16.84% 2024-07-23 01:14:06
Portman Ridge Finance Corporation (PTMN) 14.24% 2024-08-04 15:14:06
New Residential Investment (NRZ) 9.21% 2024-03-03 03:13:21
Blackrock Global Blackrock Global Opportunities Equity Trust (BOE) 7.33% 2024-08-06 21:10:06
Danaos Corporation (DAC) 3.77% 2024-07-20 13:09:05
Northern Technologies International Corporation (NTIC) 2.06% 2024-07-28 15:46:06

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: 16.84%

Orchid Island Capital’s last close was $8.55, 24.13% under its 52-week high of $11.27. Intraday change was 0.83%.

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%.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Jul 31, 2024, the estimated forward annual dividend rate is 1.44 and the estimated forward annual dividend yield is 16.84%.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is 79.4% and 78.6%, respectively.

Yearly Top and Bottom Value

Orchid Island Capital’s stock is valued at $8.55 at 10:15 EST, way under its 52-week high of $11.27 and way higher than its 52-week low of $5.90.

Sales Growth

Orchid Island Capital’s sales growth for the current quarter is negative 66.4%.

More news about Orchid Island Capital.

2. Portman Ridge Finance Corporation (PTMN) – Dividend Yield: 14.24%

Portman Ridge Finance Corporation’s last close was $19.40, 7.75% below its 52-week high of $21.03. Intraday change was -1.5%.

Portman Ridge Finance Corporation is a business development company specializing in investments in unitranche loans (including last out), first lien loans, second lien loans, subordinated debt, equity co-investment, buyout in middle market companies. It also makes acquisitions in businesses complementary to the firm's business. It primarily invests in healthcare, cargo transport, manufacturing, industrial & environmental services, logistics & distribution, media & telecommunications, real estate, education, automotive, agriculture, aerospace/defense, packaging, electronics, finance, non-durable consumer, consumer products, business services, utilities, insurance, and food and beverage sectors. The fund typically invests $1 million to $20 million in its portfolio companies. It provides senior secured term loans from $2 million to $20 million maturing in five to seven years; second lien term loans from $5 million to $15 million maturing in six to eight years; senior unsecured loans $5 million to $23 million maturing in six to eight years; mezzanine loans from $5 million to $15 million maturing in seven to ten years; and equity investments from $1 to $5 million. The fund targets the companies with EBITDA between $5 million and $25 million. While investing in debt securities, it invests in those middle market firms with EBITDA between $10 million and $50 million and/or total debt between $25 million and $150 million. It invests in minority, and majority or control equity positions alongside its private equity sponsor partners.

Earnings Per Share

As for profitability, Portman Ridge Finance Corporation has a trailing twelve months EPS of $1.67.

PE Ratio

Portman Ridge Finance Corporation has a trailing twelve months price to earnings ratio of 11.61. Meaning, the purchaser of the share is investing $11.61 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 7.14%.

Volume

Today’s last reported volume for Portman Ridge Finance Corporation is 62850 which is 75.66% above its average volume of 35779.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on May 20, 2024, the estimated forward annual dividend rate is 2.76 and the estimated forward annual dividend yield is 14.24%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 18.7%, now sitting on 72.51M for the twelve trailing months.

Yearly Top and Bottom Value

Portman Ridge Finance Corporation’s stock is valued at $19.40 at 10:15 EST, below its 52-week high of $21.03 and way higher than its 52-week low of $16.27.

More news about Portman Ridge Finance Corporation.

3. New Residential Investment (NRZ) – Dividend Yield: 9.21%

New Residential Investment’s last close was $7.17, 39.29% under its 52-week high of $11.81. Intraday change was 0%.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 13.32%.

Growth Estimates Quarters

The company’s growth estimates for the present quarter is 19.4% and a drop 15.9% for the next.

Yearly Top and Bottom Value

New Residential Investment’s stock is valued at $0.00 at 10:15 EST, below its 52-week low of $8.18.

Sales Growth

New Residential Investment’s sales growth is negative 5.3% for the ongoing quarter and 31.5% for the next.

More news about New Residential Investment.

4. Blackrock Global Blackrock Global Opportunities Equity Trust (BOE) – Dividend Yield: 7.33%

Blackrock Global Blackrock Global Opportunities Equity Trust’s last close was $10.51, 4.02% under its 52-week high of $10.95. Intraday change was 1.84%.

BlackRock Enhanced Global Dividend Trust is a closed ended equity mutual fund launched by BlackRock, Inc. The fund is co-managed by BlackRock Advisors, LLC and BlackRock International Limited. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors. It invests in stocks of companies across all market capitalizations. The fund also invests through derivatives, with an emphasis on options on equity securities or indices. It benchmarks the performance of its portfolio against the S&P Global Broad Market Index. The fund was formerly known as BlackRock Global Opportunities Equity Trust. BlackRock Enhanced Global Dividend Trust was formed on May 31, 2005 and is domiciled in the United States.

Earnings Per Share

As for profitability, Blackrock Global Blackrock Global Opportunities Equity Trust has a trailing twelve months EPS of $1.6.

PE Ratio

Blackrock Global Blackrock Global Opportunities Equity Trust has a trailing twelve months price to earnings ratio of 6.57. Meaning, the purchaser of the share is investing $6.57 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 13.71%.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Aug 15, 2024, the estimated forward annual dividend rate is 0.76 and the estimated forward annual dividend yield is 7.33%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 11.4%, now sitting on 20.12M for the twelve trailing months.

More news about Blackrock Global Blackrock Global Opportunities Equity Trust.

5. Danaos Corporation (DAC) – Dividend Yield: 3.77%

Danaos Corporation’s last close was $84.97, 13.52% below its 52-week high of $98.25. Intraday change was -1.29%.

Danaos Corporation, together with its subsidiaries, owns and operates containerships in Australia, Asia, Europe, and the United States. The company offers seaborne transportation services, such as chartering its vessels to liner companies. As of February 28, 2021, it had a fleet of 65 containerships aggregating 403,793 twenty foot equivalent units in capacity. The company was formerly known as Danaos Holdings Limited and changed its name to Danaos Corporation in October 2005. Danaos Corporation was founded in 1972 and is based in Piraeus, Greece.

Earnings Per Share

As for profitability, Danaos Corporation has a trailing twelve months EPS of $29.45.

PE Ratio

Danaos Corporation has a trailing twelve months price to earnings ratio of 2.89. Meaning, the purchaser of the share is investing $2.89 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%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 4.1%, now sitting on 983.46M for the twelve trailing months.

Moving Average

Danaos Corporation’s worth is below its 50-day moving average of $90.24 and way above its 200-day moving average of $76.62.

Sales Growth

Danaos Corporation’s sales growth is 5.3% for the present quarter and 3.6% for the next.

More news about Danaos Corporation.

6. Northern Technologies International Corporation (NTIC) – Dividend Yield: 2.06%

Northern Technologies International Corporation’s last close was $13.62, 30.62% below its 52-week high of $19.63. Intraday change was 1.19%.

Northern Technologies International Corporation develops and markets rust and corrosion inhibiting products and services in North America, South America, Europe, Asia, the Middle East and internationally. It offers rust and corrosion inhibiting products, such as plastic and paper packaging, liquids, coatings, rust removers, cleaners, diffusers, and engineered solutions designed for the oil and gas industry under the ZERUST brand. The company also provides a portfolio of biobased and certified compostable polymer resin compounds and finished products under the Natur-Tec brand. In addition, it offers on-site and technical consulting for rust and corrosion prevention issues. The company sells its products and services to automotive, electronics, electrical, mechanical, military, retail consumer, and oil and gas markets through direct sales force, network of independent distributors and agents, manufacturer's sales representatives, strategic partners, and joint venture. Northern Technologies International Corporation was founded in 1970 and is headquartered in Circle Pines, Minnesota.

Earnings Per Share

As for profitability, Northern Technologies International Corporation has a trailing twelve months EPS of $0.46.

PE Ratio

Northern Technologies International Corporation has a trailing twelve months price to earnings ratio of 29.61. Meaning, the purchaser of the share is investing $29.61 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 8.41%.

More news about Northern Technologies International Corporation.

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