PennantPark Floating Rate Capital Ltd., SLM Corporation, Another 6 Companies Have A High Estimated Dividend Yield

(VIANEWS) – PennantPark Floating Rate Capital Ltd. (PFLT), SLM Corporation (SLMBP), BCE (BCE) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
PennantPark Floating Rate Capital Ltd. (PFLT) 11.43% 2023-07-19 19:14:07
SLM Corporation (SLMBP) 9.9% 2023-07-20 15:08:07
BCE (BCE) 6.56% 2023-07-27 13:38:19
Nuveen California Municipal Value Fund (NCA) 4.06% 2023-07-13 16:44:09
NRG Energy (NRG) 3.97% 2023-07-27 13:43:46
Tenaris S.A. (TS) 3.19% 2023-07-15 03:11:08
Nuveenn Intermediate Duration Quality Municipal Term Fund (NIQ) 3.12% 2023-07-13 19:08:07
Wells Fargo & Company (WFC) 2.55% 2023-07-27 13:46:52

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. PennantPark Floating Rate Capital Ltd. (PFLT) – Dividend Yield: 11.43%

PennantPark Floating Rate Capital Ltd.’s last close was $10.81, 18.23% below its 52-week high of $13.22. Intraday change was 0.09%.

PennantPark Floating Rate Capital Ltd. is a business development company. It seeks to make secondary direct, debt, equity, and loan investments. The fund seeks to invest through floating rate loans in private or thinly traded or small market-cap, public middle market companies. It primarily invests in the United States and to a limited extent non-U.S. companies. The fund typically invests between $2 million and $20 million. The fund also invests in equity securities, such as preferred stock, common stock, warrants or options received in connection with debt investments or through direct investments. It primarily invests between $10 million and $50 million in investments in senior secured loans and mezzanine debt. It seeks to invest in companies not rated by national rating agencies. The companies if rated would be between BB and CCC under the Standard & Poor's system. The fund invests 30% is invested in non-qualifying assets like investments in public companies whose securities are not thinly traded or do not have a market capitalization of less than $250 million, securities of middle-market companies located outside of the United States, high-yield bonds, distressed debt, private equity, securities of public companies that are not thinly traded, and investment companies as defined in the 1940 Act. Under normal conditions, the fund expects atleast 80 percent of its net assets plus any borrowings for investment purposes to be invested in Floating Rate Loans and investments with similar economic characteristics, including cash equivalents invested in money market funds. It expects to represent 65 percent of its portfolio through senior secured loans. In case of floating rate loans, it holds investments for a period of three to ten years.

Earnings Per Share

As for profitability, PennantPark Floating Rate Capital Ltd. has a trailing twelve months EPS of $-0.35.

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 -2.35%.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is 24.1% and 13.8%, respectively.

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2. SLM Corporation (SLMBP) – Dividend Yield: 9.9%

SLM Corporation’s last close was $56.20, 17.22% under its 52-week high of $67.89. Intraday change was 0.13%.

SLM Corporation, through its subsidiaries, originates and services private education loans to students and their families to finance the cost of their education in the United States. It also offers retail deposit accounts, including certificates of deposit, money market deposit accounts, and high-yield savings accounts; and omnibus accounts. The company was formerly known as New BLC Corporation and changed its name to SLM Corporation in December 2013. SLM Corporation was founded in 1972 and is headquartered in Newark, Delaware.

Earnings Per Share

As for profitability, SLM Corporation has a trailing twelve months EPS of $2.14.

PE Ratio

SLM Corporation has a trailing twelve months price to earnings ratio of 26.22. Meaning, the purchaser of the share is investing $26.22 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 23.7%.

Volume

Today’s last reported volume for SLM Corporation is 1350 which is 86.72% below its average volume of 10173.

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3. BCE (BCE) – Dividend Yield: 6.56%

BCE’s last close was $43.57, 14.75% below its 52-week high of $51.11. Intraday change was -0.9%.

BCE Inc., a communications company, provides wireless, wireline, Internet, and television (TV) services to residential, business, and wholesale customers in Canada. The company operates through three segments: Bell Wireless, Bell Wireline, and Bell Media. The Bell Wireless segment offers integrated digital wireless voice and data communication products and services, as well as consumer electronics products. The Bell Wireline segment offers data, including Internet access and Internet protocol television (IPTV), local telephone, and long distance services, as well as other communication services and products; and satellite TV service and connectivity services. This segment also buys and sells local telephone, long distance, data, and other services from or to resellers and other carriers. The Bell Media segment provides conventional TV, specialty TV, pay TV, streaming services, digital media services, radio broadcasting services, and out-of-home advertising services. BCE Inc. was founded in 1880 and is headquartered in Verdun, Canada.

Earnings Per Share

As for profitability, BCE has a trailing twelve months EPS of $2.12.

PE Ratio

BCE has a trailing twelve months price to earnings ratio of 20.37. Meaning, the purchaser of the share is investing $20.37 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 12.07%.

Moving Average

BCE’s worth is below its 50-day moving average of $45.93 and under its 200-day moving average of $45.51.

Revenue Growth

Year-on-year quarterly revenue growth grew by 3.5%, now sitting on 24.38B for the twelve trailing months.

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4. Nuveen California Municipal Value Fund (NCA) – Dividend Yield: 4.06%

Nuveen California Municipal Value Fund’s last close was $8.63, 6.5% under its 52-week high of $9.23. Intraday change was 0%.

Nuveen California Municipal Value Fund, Inc. is a closed-ended fixed income mutual fund launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of California. The fund invests primarily in municipal securities rated Baa/BBB or better. It invests in securities that provide income exempt from federal and California income tax. The fund employs fundamental analysis with bottom-up stock picking approach to create its portfolio. It benchmarks the performance of its portfolio against the S&P California Municipal Bond Index and the S&P National Municipal Bond Index. Nuveen California Municipal Value Fund, Inc. was formed on October 7, 1987 and is domiciled in the United States.

Earnings Per Share

As for profitability, Nuveen California Municipal Value Fund has a trailing twelve months EPS of $-0.78.

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 -8.08%.

Moving Average

Nuveen California Municipal Value Fund’s value is below its 50-day moving average of $8.66 and under its 200-day moving average of $8.64.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Jul 12, 2023, the estimated forward annual dividend rate is 0.35 and the estimated forward annual dividend yield is 4.06%.

Volume

Today’s last reported volume for Nuveen California Municipal Value Fund is 68866 which is 8.59% above its average volume of 63416.

Revenue Growth

Year-on-year quarterly revenue growth grew by 7%, now sitting on 12.64M for the twelve trailing months.

More news about Nuveen California Municipal Value Fund.

5. NRG Energy (NRG) – Dividend Yield: 3.97%

NRG Energy’s last close was $38.50, 15.94% under its 52-week high of $45.80. Intraday change was -2.65%.

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 $-7.75.

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 -45.62%.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is 21.3% and 1075.9%, respectively.

Revenue Growth

Year-on-year quarterly revenue growth declined by 2.2%, now sitting on 31.37B for the twelve trailing months.

Volatility

NRG Energy’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.31%, a positive 0.20%, and a positive 1.32%.

NRG Energy’s highest amplitude of average volatility was 1.14% (last week), 1.17% (last month), and 1.32% (last quarter).

Yearly Top and Bottom Value

NRG Energy’s stock is valued at $37.48 at 20:15 EST, way below its 52-week high of $45.80 and way higher than its 52-week low of $30.25.

More news about NRG Energy.

6. Tenaris S.A. (TS) – Dividend Yield: 3.19%

Tenaris S.A.’s last close was $31.83, 16.24% below its 52-week high of $38.00. Intraday change was -0.56%.

Tenaris S.A., together with its subsidiaries, produces and sells seamless and welded steel tubular products; and provides related services for the oil and gas industry, and other industrial applications. The company offers steel casings, tubing products, mechanical and structural pipes, cold-drawn pipes, and premium joints and couplings; coiled tubing products for oil and gas drilling and workovers, and subsea pipelines; and umbilical tubing products; and tubular accessories. It also provides sucker rods, industrial equipment, heat exchangers, and utility conduits for buildings, as well as sells energy and raw materials. In addition, it offers financial services. The company operates in North America, South America, Europe, the Middle East and Africa, and the Asia Pacific. Tenaris S.A. was incorporated in 2001 and is based in Luxembourg, Luxembourg. Tenaris S.A. is a subsidiary of Techint Holdings S.à r.l.

Earnings Per Share

As for profitability, Tenaris S.A. has a trailing twelve months EPS of $5.38.

PE Ratio

Tenaris S.A. has a trailing twelve months price to earnings ratio of 5.92. Meaning, the purchaser of the share is investing $5.92 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 22.8%.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is 49.1% and 34%, respectively.

Yearly Top and Bottom Value

Tenaris S.A.’s stock is valued at $31.83 at 20:15 EST, way below its 52-week high of $38.00 and way higher than its 52-week low of $23.96.

More news about Tenaris S.A..

7. Nuveenn Intermediate Duration Quality Municipal Term Fund (NIQ) – Dividend Yield: 3.12%

Nuveenn Intermediate Duration Quality Municipal Term Fund’s last close was $12.87, 4.88% under its 52-week high of $13.53. Intraday change was 0.82%.

Nuveen Intermediate Duration Quality Municipal Term Fund is a close ended fixed income mutual fund launched by Nuveen Investments Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests into public fixed income markets of the United States. The fund seeks to invest in stocks of companies that are operating across diversified sectors. It primarily invests in municipal securities that are exempt from federal income taxes, and seeks to maintain a portfolio with an intermediate effective duration of between 3 and 10 years, including the effects of leverage. The fund invests at least 80% of its managed assets in municipal securities rated investment grade i.e. Baa/BBB or at the time of investment. It employs fundamental analysis, with focus on bottom-up approach to create its portfolio. The fund benchmarks the performance of its portfolio against the S&P Municipal Bond Intermediate Index and a composite index comprising 50% of S&P Municipal Bond Intermediate Index and 50% of the S&P Municipal Bond High Yield Index. Nuveen Intermediate Duration Quality Municipal Term Fund was founded on February 7,2012 and is domiciled in the United States.

Earnings Per Share

As for profitability, Nuveenn Intermediate Duration Quality Municipal Term Fund has a trailing twelve months EPS of $-1.56.

More news about Nuveenn Intermediate Duration Quality Municipal Term Fund.

8. Wells Fargo & Company (WFC) – Dividend Yield: 2.55%

Wells Fargo & Company’s last close was $46.44, 4.91% below its 52-week high of $48.84. Intraday change was -1.09%.

Wells Fargo & Company, a diversified financial services company, provides banking, investment, mortgage, and consumer and commercial finance products and services in the United States and internationally. It operates through four segments: Consumer Banking and Lending; Commercial Banking; Corporate and Investment Banking; and Wealth and Investment Management. The Consumer Banking and Lending segment offers diversified financial products and services for consumers and small businesses. Its financial products and services include checking and savings accounts, and credit and debit cards, as well as home, auto, personal, and small business lending services. The Commercial Banking segment provides financial solutions to private, family owned, and certain public companies. Its products and services include banking and credit products across various industry sectors and municipalities, secured lending and lease products, and treasury management services. The Corporate and Investment Banking segment offers a suite of capital markets, banking, and financial products and services to corporate, commercial real estate, government, and institutional clients. Its products and services comprise corporate banking, investment banking, treasury management, commercial real estate lending and servicing, equity, and fixed income solutions, as well as sales, trading, and research capabilities services. The Wealth and Investment Management segment provides personalized wealth management, brokerage, financial planning, lending, private banking, and trust and fiduciary products and services to affluent, high-net worth, and ultra-high-net worth clients. It also operates through financial advisors. Its serves to independent offices and consumer banks. The company was founded in 1852 and is headquartered in San Francisco, California.

Earnings Per Share

As for profitability, Wells Fargo & Company has a trailing twelve months EPS of $4.

PE Ratio

Wells Fargo & Company has a trailing twelve months price to earnings ratio of 11.48. Meaning, the purchaser of the share is investing $11.48 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 8.72%.

Sales Growth

Wells Fargo & Company’s sales growth is 6.9% for the ongoing quarter and 0.2% for the next.

Moving Average

Wells Fargo & Company’s value is above its 50-day moving average of $41.78 and above its 200-day moving average of $42.81.

Volume

Today’s last reported volume for Wells Fargo & Company is 11599900 which is 41.94% below its average volume of 19981600.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on May 3, 2023, the estimated forward annual dividend rate is 1.2 and the estimated forward annual dividend yield is 2.55%.

More news about Wells Fargo & Company.

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