(VIANEWS) – Portman Ridge Finance Corporation (PTMN), Gabelli Equity Trust (GAB), BlackRock TCP Capital Corp. (TCPC) have the highest dividend yield stocks on this list.
| Financial Asset | Forward Dividend Yield | Updated (EST) |
|---|---|---|
| Portman Ridge Finance Corporation (PTMN) | 15.08% | 2024-01-03 15:11:06 |
| Gabelli Equity Trust (GAB) | 11.9% | 2023-12-20 10:17:07 |
| BlackRock TCP Capital Corp. (TCPC) | 11.67% | 2023-12-29 09:13:06 |
| Companhia Paranaense de Energia (ELP) | 6.79% | 2023-12-19 23:10:06 |
| J.M. Smucker Company (SJM) | 3.4% | 2023-12-22 23:15:06 |
| Randgold (GOLD) | 2.21% | 2024-01-04 12:12:43 |
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. Portman Ridge Finance Corporation (PTMN) – Dividend Yield: 15.08%
Portman Ridge Finance Corporation’s last close was $18.27, 22.98% under its 52-week high of $23.72. Intraday change was 1.81%.
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 $-0.83.
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 -3.44%.
More news about Portman Ridge Finance Corporation.
2. Gabelli Equity Trust (GAB) – Dividend Yield: 11.9%
Gabelli Equity Trust’s last close was $5.04, 16.14% under its 52-week high of $6.01. Intraday change was 0.4%.
The Gabelli Equity Trust Inc. is a closed ended equity mutual fund launched by GAMCO Investors, Inc. The fund is managed by Gabelli Funds, LLC. It invests in public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It invests in preferred stock, convertible or exchangeable securities, and warrants and rights. The fund primarily invests in value stocks of companies across market capitalizations. It employs fundamental analysis with a bottom-up stock picking approach to create its portfolio. The fund seeks to benchmarks the performance of its portfolio against the S&P 500 Index, Dow Jones Industrial Average, and Nasdaq Composite Index. The Gabelli Equity Trust Inc. was formed on August 21, 1986 and is domiciled in the United States.
Earnings Per Share
As for profitability, Gabelli Equity Trust has a trailing twelve months EPS of $1.11.
PE Ratio
Gabelli Equity Trust has a trailing twelve months price to earnings ratio of 4.56. Meaning, the purchaser of the share is investing $4.56 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 16.79%.
Volume
Today’s last reported volume for Gabelli Equity Trust is 322320 which is 45.16% below its average volume of 587753.
Moving Average
Gabelli Equity Trust’s value is higher than its 50-day moving average of $4.99 and under its 200-day moving average of $5.40.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Dec 13, 2023, the estimated forward annual dividend rate is 0.6 and the estimated forward annual dividend yield is 11.9%.
More news about Gabelli Equity Trust.
3. BlackRock TCP Capital Corp. (TCPC) – Dividend Yield: 11.67%
BlackRock TCP Capital Corp.’s last close was $11.65, 13.83% below its 52-week high of $13.52. Intraday change was 0.69%.
BlackRock TCP Capital Corp. is a business development company specializing in direct equity and debt investments in middle-market, senior secured loans, junior loans, originated loans, mezzanine, senior debt instruments, bonds, and secondary-market investments. It typically invests in communication services, public relations services, television, wireless telecommunication services, apparel, textile mills, restaurants, retailing, energy, oil and gas extraction, Patent owners and Lessors, Federal and Federally- Sponsored Credit agencies, insurance, hospital and healthcare centers, Biotechnology, engineering services, heavy electrical equipment, tax accounting, scientific and related consulting services, charter freight air transportation, Information technology consulting, application hosting services, software diagram and design, computer aided design, communication equipment, electronics manufacturing equipment, computer components, chemicals. It seeks to invest in the United States. The fund typically invests between $10 million and $35 million in companies with enterprise values between $100 million and $1500 million. It prefers to make equity investments in companies for an ownership stake.
Earnings Per Share
As for profitability, BlackRock TCP Capital Corp. has a trailing twelve months EPS of $0.07.
PE Ratio
BlackRock TCP Capital Corp. has a trailing twelve months price to earnings ratio of 166.43. Meaning, the purchaser of the share is investing $166.43 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 0.52%.
More news about BlackRock TCP Capital Corp..
4. Companhia Paranaense de Energia (ELP) – Dividend Yield: 6.79%
Companhia Paranaense de Energia’s last close was $10.15, 0.49% below its 52-week high of $10.20. Intraday change was 2.22%.
Companhia Paranaense de Energia – COPEL engages in the generation, transformation, distribution, and trading of energy to industrial, residential, commercial, rural, and other customers primarily in the State of Paraná, Brazil. The company operates through Power generation and transmission, Power distribution, Gas, and Power sale segments. It is also involved in the piped natural gas distribution. As of December 31, 2021, the company operated 20 hydroelectric plants, 30 wind plants, and 1 thermoelectric plant with a total installed capacity of 5,957 megawatts; and owned and operated 3,638 km of transmission lines and 204,957 km of distribution lines. It holds concessions to distribute electricity in 394 municipalities in the State of Paraná and in the municipality of Porto União in the State of Santa Catarina. Companhia Paranaense de Energia – COPEL was founded in 1954 and is headquartered in Curitiba, Brazil.
Earnings Per Share
As for profitability, Companhia Paranaense de Energia has a trailing twelve months EPS of $0.15.
PE Ratio
Companhia Paranaense de Energia has a trailing twelve months price to earnings ratio of 67.67. Meaning, the purchaser of the share is investing $67.67 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 9.71%.
More news about Companhia Paranaense de Energia.
5. J.M. Smucker Company (SJM) – Dividend Yield: 3.4%
J.M. Smucker Company’s last close was $124.76, 23.49% under its 52-week high of $163.07. Intraday change was 0.89%.
The J. M. Smucker Company manufactures and markets branded food and beverage products worldwide. It operates in three segments: U.S. Retail Pet Foods, U.S. Retail Coffee, and U.S. Retail Consumer Foods. The company offers mainstream roast, ground, single serve, and premium coffee; peanut butter and specialty spreads; fruit spreads, shortening and oils, and frozen sandwiches and snacks; pet food and pet snacks; and foodservice hot beverage, foodservice portion control, and flour products, as well as dog and cat food, frozen handheld products, juices and beverages, and baking mixes and ingredients. It provides its products under the Meow Mix, 9Lives, Kibbles ‘n Bits, Milk-Bone, Pup-Peroni, Rachael Ray Nutrish and Nature's Recipe, Folgers, Café Bustelo, Dunkin', Folgers, Café Bustelo, 1850, Jif, Smucker's, Smucker's Uncrustables, Robin Hood, and Five Roses. The company sells its products through direct sales and brokers to food retailers, club stores, discount and dollar stores, online retailers, pet specialty stores, natural foods stores and distributors, drug stores, military commissaries, and mass merchandisers. Smucker Company was founded in 1897 and is headquartered in Orrville, Ohio.
Earnings Per Share
As for profitability, J.M. Smucker Company has a trailing twelve months EPS of $0.01.
PE Ratio
J.M. Smucker Company has a trailing twelve months price to earnings ratio of 12476. Meaning, the purchaser of the share is investing $12476 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 negative -0.18%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Nov 15, 2023, the estimated forward annual dividend rate is 4.24 and the estimated forward annual dividend yield is 3.4%.
Moving Average
J.M. Smucker Company’s worth is higher than its 50-day moving average of $114.67 and under its 200-day moving average of $138.44.
More news about J.M. Smucker Company.
6. Randgold (GOLD) – Dividend Yield: 2.21%
Randgold’s last close was $17.35, 16.39% under its 52-week high of $20.75. Intraday change was 0.4%.
Barrick Gold Corporation engages in the exploration, mine development, production, and sale of gold and copper properties. It has ownership interests in producing gold mines that are located in Argentina, Canada, Côte d'Ivoire, the Democratic Republic of Congo, the Dominican Republic, Mali, Tanzania, and the United States. The company also has ownership interests in producing copper mines located in Chile, Saudi Arabia, and Zambia; and various other projects located throughout the Americas, Asia, and Africa. Barrick Gold Corporation was founded in 1983 and is headquartered in Toronto, Canada.
Earnings Per Share
As for profitability, Randgold has a trailing twelve months EPS of $0.03.
PE Ratio
Randgold has a trailing twelve months price to earnings ratio of 580. Meaning, the purchaser of the share is investing $580 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 1.69%.
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