PennantPark Floating Rate Capital Ltd., Spok Holdings, Another 2 Companies Have A High Estimated Dividend Yield

(VIANEWS) – PennantPark Floating Rate Capital Ltd. (PFLT), Spok Holdings (SPOK), PNC Financial Services Group (PNC) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
PennantPark Floating Rate Capital Ltd. (PFLT) 11.48% 2023-11-04 23:15:05
Spok Holdings (SPOK) 7.85% 2023-11-05 19:44:05
PNC Financial Services Group (PNC) 5.48% 2023-11-10 12:21:33
Speed Commerce (SPDC) 2.61% 2023-11-05 19:41:05

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. PennantPark Floating Rate Capital Ltd. (PFLT) – Dividend Yield: 11.48%

PennantPark Floating Rate Capital Ltd.’s last close was $10.71, 13.14% under its 52-week high of $12.33. Intraday change was 2.1%.

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 $-0.11.

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 -0.35%.

Yearly Top and Bottom Value

PennantPark Floating Rate Capital Ltd.’s stock is valued at $10.71 at 11:15 EST, way below its 52-week high of $12.33 and way higher than its 52-week low of $9.69.

Revenue Growth

Year-on-year quarterly revenue growth grew by 46.6%, now sitting on 132.39M for the twelve trailing months.

Moving Average

PennantPark Floating Rate Capital Ltd.’s worth is above its 50-day moving average of $10.51 and higher than its 200-day moving average of $10.70.

More news about PennantPark Floating Rate Capital Ltd..

2. Spok Holdings (SPOK) – Dividend Yield: 7.85%

Spok Holdings’s last close was $15.92, 1.85% under its 52-week high of $16.22. Intraday change was 1.86%.

Spok Holdings, Inc., through its subsidiary, Spok, Inc., provides healthcare communication solutions in the United States, Europe, Canada, Australia, Asia, and the Middle East. It offers Spok Healthcare Console that helps operators perform directory searches and code calls, as well as messaging and paging; Spok Web-Based Directory that enables staff to send messages from the directory; Spok Web-Based On-Call Scheduling, which keeps personnel, calendars, and on-call scheduling information updated; Spok Speech to process routine phone requests, including transfers, directory assistance, messaging, and paging; and Spok Call Recording and Quality Management, which records, monitors, and scores operators' conversations. The company also provides Spok Mobile for secure code alerts, patient updates, results, consult requests, and other services; Spok Device Preference Engine, which facilitates voice conversations among doctors and caregivers; Spok pc/psap that integrates the phone system, mapping systems, and other resources to speed emergency dispatch; and Spok Enterprise Alert, which directs emergency personnel to caller's location. In addition, it sells devices to resellers who lease or resell them to their subscribers; and ancillary services, such as voicemail and equipment loss or maintenance protection, as well as provides a suite of professional services, and software license updates and product support services. The company serves businesses, professionals, management personnel, medical personnel, field sales personnel and service forces, members of the construction industry and construction trades, real estate brokers and developers, sales and services organizations, specialty trade organizations, manufacturing organizations, and government agencies. The company was formerly known as USA Mobility, Inc. and changed its name to Spok Holdings, Inc. in July 2014. Spok Holdings, Inc. was incorporated in 2004 and is headquartered in Springfield, Virginia.

Earnings Per Share

As for profitability, Spok Holdings has a trailing twelve months EPS of $1.82.

PE Ratio

Spok Holdings has a trailing twelve months price to earnings ratio of 8.75. Meaning, the purchaser of the share is investing $8.75 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 22.92%.

More news about Spok Holdings.

3. PNC Financial Services Group (PNC) – Dividend Yield: 5.48%

PNC Financial Services Group’s last close was $120.43, 29.28% under its 52-week high of $170.28. Intraday change was 0.06%.

The PNC Financial Services Group, Inc. operates as a diversified financial services company in the United States. It operates through three segments: Retail Banking, Corporate & Institutional Banking, and Asset Management Group segments. The company's Retail Banking segment offers checking, savings, and money market accounts, as well as certificates of deposit; residential mortgages, home equity loans and lines of credit, auto loans, credit cards, education loans, and personal and small business loans and lines of credit; and brokerage, insurance, and investment and cash management services. This segment serves consumer and small business customers through a network of branches, ATMs, call centers, and online and mobile banking channels. Its Corporate & Institutional Banking segment provides secured and unsecured loans, letters of credit, and equipment leases; cash and investment management services, receivables and disbursement management services, funds transfer services, international payment services, and access to online/mobile information management and reporting; securities underwriting, loan syndications, customer-related trading, and mergers and acquisitions and equity capital markets advisory related services; and commercial loan servicing and technology solutions. It serves mid-sized and large corporations, and government and not-for-profit entities. The company's Asset Management Group segment offers investment and retirement planning, customized investment management, credit and cash management solutions, and trust management and administration services for high net worth and ultra high net worth individuals, and their families; and multi-generational family planning services for ultra high net worth individuals and their families. It also provides outsourced chief investment officer, custody, private real estate, cash and fixed income client solutions, and fiduciary retirement advisory services for institutional clients. The company was founded in 1852 and is headquartered in Pittsburgh, Pennsylvania.

Earnings Per Share

As for profitability, PNC Financial Services Group has a trailing twelve months EPS of $14.39.

PE Ratio

PNC Financial Services Group has a trailing twelve months price to earnings ratio of 8.3. Meaning, the purchaser of the share is investing $8.3 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 13.13%.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Oct 15, 2023, the estimated forward annual dividend rate is 6.1 and the estimated forward annual dividend yield is 5.48%.

More news about PNC Financial Services Group.

4. Speed Commerce (SPDC) – Dividend Yield: 2.61%

Speed Commerce’s last close was $0.00, 0% below its 52-week high of $0.00. Intraday change was 0%.

Speed Commerce, Inc. provides e-commerce and fulfillment services to retailers and manufacturers in the United States and Canada. It offers Web platform development and hosting, order management, fulfillment, logistics, and contact center services, which provide customers with transaction-based services and information management tools. The company was formerly known as Navarre Corporation and changed its name to Speed Commerce, Inc. in September 2013. The company was founded in 1983 and is headquartered in Richardson, Texas.

Earnings Per Share

As for profitability, Speed Commerce has a trailing twelve months EPS of $-0.11.

Revenue Growth

Year-on-year quarterly revenue growth declined by 12.6%, now sitting on 135.78M for the twelve trailing months.

More news about Speed Commerce.

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