(VIANEWS) – PIMCO Dynamic Income Fund (PDI), Western Asset High Income Opportunity Fund (HIO), Columbia Banking System (COLB) have the highest dividend yield stocks on this list.
| Financial Asset | Forward Dividend Yield | Updated (EST) |
|---|---|---|
| PIMCO Dynamic Income Fund (PDI) | 16.65% | 2024-03-02 01:41:05 |
| Western Asset High Income Opportunity Fund (HIO) | 10.87% | 2024-02-29 11:10:06 |
| Columbia Banking System (COLB) | 8.06% | 2024-03-04 22:44:06 |
| Invesco Value Municipal Income Trust (IIM) | 5.06% | 2024-02-29 17:06:06 |
| Home Depot (HD) | 2.41% | 2024-03-17 03:12:48 |
| Automatic Data Processing (ADP) | 2.31% | 2024-03-17 03:07:07 |
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. PIMCO Dynamic Income Fund (PDI) – Dividend Yield: 16.65%
PIMCO Dynamic Income Fund’s last close was $18.98, 4.58% under its 52-week high of $19.89. Intraday change was -0.68%.
PIMCO Dynamic Income Fund is a close ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. It is co-managed by Pacific Investment Management Company LLC. The fund invests in fixed income markets across the globe. It invests in multiple fixed-income sectors, including non-agency residential and commercial mortgage-backed securities and below investment-grade securities. The fund primarily invests in mortgage-backed securities, investment-grade and high-yield corporate bonds, developed and emerging markets corporate bonds, and sovereign bonds. PIMCO Dynamic Income Fund was formed on May 30, 2012 and is domiciled in the United States.
Earnings Per Share
As for profitability, PIMCO Dynamic Income Fund has a trailing twelve months EPS of $0.67.
PE Ratio
PIMCO Dynamic Income Fund has a trailing twelve months price to earnings ratio of 28.33. Meaning, the purchaser of the share is investing $28.33 for every dollar of annual earnings.
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2. Western Asset High Income Opportunity Fund (HIO) – Dividend Yield: 10.87%
Western Asset High Income Opportunity Fund’s last close was $3.92, 4.39% below its 52-week high of $4.10. Intraday change was 0.38%.
Western Asset High Income Opportunity Fund Inc. is a closed ended fixed-income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. It is co-managed by Western Asset Management Company and Western Asset Management Company Limited. The fund invests in the fixed income markets of the United States. It seeks to invest in high-yielding corporate debt obligations. The fund seeks to maintain an average duration of around four years with an average credit quality of B. It benchmarks the performance of its portfolio against the Barclays Capital U.S. Corporate High Yield 2% Issuer Cap Index. The fund was formerly known as High Income Opportunity Fund. Western Asset High Income Opportunity Fund Inc. was formed on November 16, 1993 and is domiciled in the United States.
Earnings Per Share
As for profitability, Western Asset High Income Opportunity Fund has a trailing twelve months EPS of $0.3.
PE Ratio
Western Asset High Income Opportunity Fund has a trailing twelve months price to earnings ratio of 13.12. Meaning, the purchaser of the share is investing $13.12 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 7.06%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Mar 20, 2024, the estimated forward annual dividend rate is 0.43 and the estimated forward annual dividend yield is 10.87%.
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3. Columbia Banking System (COLB) – Dividend Yield: 8.06%
Columbia Banking System’s last close was $18.08, 35.7% under its 52-week high of $28.12. Intraday change was 1.18%.
Columbia Banking System, Inc. operates as the bank holding company for Columbia State Bank that provides a range of banking services to small and medium-sized businesses, professionals, and individuals in Washington, Oregon, and Idaho. It offers personal banking products and services, including non-interest and interest-bearing checking, savings, money market, and certificate of deposit accounts; home mortgages for purchases and refinances, home equity loans and lines of credit, and other personal loans; debit and credit cards; and digital banking services. The company also provides business banking products and services, such as checking, savings, interest-bearing money market, and certificate of deposit accounts; agricultural, asset-based, builder and other commercial real estate loans, as well as loans guaranteed by the small business administration; debit and credit cards; and professional banking, treasury management, merchant card, and international banking services. In addition, it offers wealth management solutions that include financial planning services, such as asset allocation, net worth analysis, estate planning and preservation, education funding, and wealth transfer; insurance solutions, which include long-term care, and life and disability insurance; individual retirement solutions comprising retirement planning, retirement income strategies, and traditional and roth individual retirement accounts; and business solutions, which comprise business retirement plans, key person insurance, business succession planning, and deferred compensation plans to individuals, families, and professional businesses. Further, the company provides fiduciary, investment, and administrative trust services, such as personal and special needs trusts, estate settlement services, and investment agency and charitable management services. As of December 31, 2020, it operated approximately 145 branches. The company was founded in 1993 and is headquartered in Tacoma, Washington.
Earnings Per Share
As for profitability, Columbia Banking System has a trailing twelve months EPS of $1.8.
PE Ratio
Columbia Banking System has a trailing twelve months price to earnings ratio of 10.04. Meaning, the purchaser of the share is investing $10.04 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 9.33%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter is 28.3% and a drop 29.6% for the next.
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4. Invesco Value Municipal Income Trust (IIM) – Dividend Yield: 5.06%
Invesco Value Municipal Income Trust’s last close was $11.77, 4.46% below its 52-week high of $12.32. Intraday change was 0.25%.
Invesco Value Municipal Income Trust is a closed-ended fixed income mutual fund launched by Invesco Ltd. The fund is co-managed by Invesco Advisers, Inc., INVESCO Asset Management (Japan) Limited, INVESCO Asset Management Deutschland GmbH, INVESCO Asset Management Limited, Invesco Canada Ltd., Invesco Hong Kong Limited, and INVESCO Senior Secured Management, Inc. It invests in the fixed income markets of the United States. The fund primarily invests in investment grade municipal securities which include municipal bonds, municipal notes, municipal commercial paper, and lease obligations. It employs fundamental analysis with bottom-up security selection approach to create its portfolio. The fund was previously known as Invesco Insured Municipal Income Trust. Invesco Value Municipal Income Trust was formed on February 26, 1993 and is domiciled in the United States.
Earnings Per Share
As for profitability, Invesco Value Municipal Income Trust has a trailing twelve months EPS of $0.02.
PE Ratio
Invesco Value Municipal Income Trust has a trailing twelve months price to earnings ratio of 590. Meaning, the purchaser of the share is investing $590 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 0.15%.
Yearly Top and Bottom Value
Invesco Value Municipal Income Trust’s stock is valued at $11.80 at 03:15 EST, below its 52-week high of $12.32 and way higher than its 52-week low of $9.94.
Volume
Today’s last reported volume for Invesco Value Municipal Income Trust is 65796 which is 54.44% below its average volume of 144445.
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5. Home Depot (HD) – Dividend Yield: 2.41%
Home Depot’s last close was $373.23, 3.08% below its 52-week high of $385.10. Intraday change was -0.54%.
The Home Depot, Inc. operates as a home improvement retailer in the United States and internationally. It sells various building materials, home improvement products, lawn and garden products, and décor products, as well as facilities maintenance, repair, and operations products. The company also offers installation services for flooring, water heaters, bath, garage doors, cabinets, cabinet makeovers, countertops, sheds, furnaces and central air systems, and windows. In addition, it provides tool and equipment rental services. The company primarily serves homeowners; and professional renovators/remodelers, general contractors, maintenance professionals, handymen, property managers, and building service contractors, as well as specialty tradesmen, such as electricians, plumbers, and painters. It sells its products through websites, including homedepot.com; homedepot.ca and homedepot.com.mx; blinds.com, justblinds.com, and americanblinds.com for custom window coverings; thecompanystore.com, an online site for textiles and décor products; hdsupply.com for maintenance, repair, and operations (MRO) products and related services; and The Home Depot stores. The Home Depot, Inc. was incorporated in 1978 and is headquartered in Atlanta, Georgia.
Earnings Per Share
As for profitability, Home Depot has a trailing twelve months EPS of $15.12.
PE Ratio
Home Depot has a trailing twelve months price to earnings ratio of 24.68. Meaning, the purchaser of the share is investing $24.68 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 1162.16%.
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6. Automatic Data Processing (ADP) – Dividend Yield: 2.31%
Automatic Data Processing’s last close was $242.09, 5.74% under its 52-week high of $256.84. Intraday change was -0.48%.
Automatic Data Processing, Inc. provides cloud-based human capital management solutions worldwide. It operates in two segments, Employer Services and Professional Employer Organization (PEO). The Employer Services segment offers strategic, cloud-based platforms, and human resources (HR) outsourcing solutions. Its offerings include payroll services, benefits administration, talent management, HR management, workforce management, insurance, retirement, and compliance services, as well as integrated HCM solutions. The PEO Services segment provides HR outsourcing solution to businesses through a co-employment model. This segment offers employee benefits, protection and compliance, talent engagement, expertise, comprehensive outsourcing, and recruitment process outsourcing services. Automatic Data Processing, Inc. was founded in 1949 and is headquartered in Roseland, New Jersey.
Earnings Per Share
As for profitability, Automatic Data Processing has a trailing twelve months EPS of $8.59.
PE Ratio
Automatic Data Processing has a trailing twelve months price to earnings ratio of 28.18. Meaning, the purchaser of the share is investing $28.18 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 97.38%.
Volume
Today’s last reported volume for Automatic Data Processing is 11403400 which is 572.42% above its average volume of 1695870.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Mar 7, 2024, the estimated forward annual dividend rate is 5.6 and the estimated forward annual dividend yield is 2.31%.
Yearly Top and Bottom Value
Automatic Data Processing’s stock is valued at $242.09 at 03:15 EST, below its 52-week high of $256.84 and way higher than its 52-week low of $201.46.
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