Prudential Global Short Duration High Yield Fund, Banco Macro S.A. ADR, Another 3 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Prudential Global Short Duration High Yield Fund (GHY), Banco Macro S.A. ADR (BMA), ADTRAN (ADTN) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Prudential Global Short Duration High Yield Fund (GHY) 12.23% 2024-03-17 23:08:06
Banco Macro S.A. ADR (BMA) 6.83% 2024-03-16 13:42:06
ADTRAN (ADTN) 6.2% 2024-03-03 15:46:05
Putnam Managed Municipal Income Trust (PMM) 4.64% 2024-03-19 22:42:07
BlackRock (BLK) 2.44% 2024-03-19 15:53:39

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. Prudential Global Short Duration High Yield Fund (GHY) – Dividend Yield: 12.23%

Prudential Global Short Duration High Yield Fund’s last close was $11.66, 1.35% under its 52-week high of $11.82. Intraday change was 0.34%.

PGIM Global Short Duration High Yield Fund, Inc. is a closed ended fixed income mutual fund launched and managed by PGIM Investments LLC. The fund is co-managed by PGIM Fixed Income. It invests in fixed income markets across the globe. The fund primarily invests in high yield fixed income instruments of varying maturities that are rated Ba1 or lower by Moody's Investors Service, Inc. or BB+ or lower by Standard & Poor's Ratings Services. It seeks to maintain a weighted average maturity of five years or less. PGIM Global Short Duration High Yield Fund, Inc. was formed on December 26, 2012 and is domiciled in the United States.

Earnings Per Share

As for profitability, Prudential Global Short Duration High Yield Fund has a trailing twelve months EPS of $0.85.

PE Ratio

Prudential Global Short Duration High Yield Fund has a trailing twelve months price to earnings ratio of 13.72. Meaning, the purchaser of the share is investing $13.72 for every dollar of annual earnings.

More news about Prudential Global Short Duration High Yield Fund.

2. Banco Macro S.A. ADR (BMA) – Dividend Yield: 6.83%

Banco Macro S.A. ADR’s last close was $43.50, 0.66% under its 52-week high of $43.79. Intraday change was 4.62%.

Banco Macro S.A. provides various banking products and services to retail and corporate customers in Argentina. It offers various retail banking products and services, such as savings and checking accounts, time deposits, credit and debit cards, consumer finance loans, mortgage loans, automobile loans, overdrafts, credit-related services, home and car insurance coverage, tax collection, utility payments, automated teller machines (ATMs), and money transfers. The company also provides personal loans, document discounts, residential mortgages, overdrafts, pledged loans, and credit card loans to retail customers. In addition, it offers corporate banking products and services, including deposits, lending, check cashing advances and factoring, guaranteed loans, credit lines for financing foreign trade, and cash management services; trust, payroll, and financial agency services, as well as corporate credit cards and other specialty products; and working capital facilities, credit for investment projects, and leasing and foreign trade transactions. Further, the company provides transaction services, such as collection services, payments to suppliers, payroll services, and foreign exchange transactions; information services comprising Datanet and Interpymes services to corporate customers; and Internet and mobile banking services. As of December 31, 2020, it operated through a network of 463 branches, 1,578 ATMs, 960 self-service terminals, and service points. The company was incorporated in 1966 and is headquartered in Buenos Aires, Argentina.

Earnings Per Share

As for profitability, Banco Macro S.A. ADR has a trailing twelve months EPS of $0.55.

PE Ratio

Banco Macro S.A. ADR has a trailing twelve months price to earnings ratio of 79.09. Meaning, the purchaser of the share is investing $79.09 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 32.28%.

Yearly Top and Bottom Value

Banco Macro S.A. ADR’s stock is valued at $43.50 at 10:15 EST, below its 52-week high of $43.79 and way higher than its 52-week low of $16.49.

Moving Average

Banco Macro S.A. ADR’s value is way higher than its 50-day moving average of $33.14 and way higher than its 200-day moving average of $25.97.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Jan 5, 2024, the estimated forward annual dividend rate is 2.97 and the estimated forward annual dividend yield is 6.83%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 130.4%, now sitting on 2.84T for the twelve trailing months.

More news about Banco Macro S.A. ADR.

3. ADTRAN (ADTN) – Dividend Yield: 6.2%

ADTRAN’s last close was $5.81, 65.82% below its 52-week high of $17.00. Intraday change was 2.11%.

ADTRAN Holdings, Inc., through its subsidiaries, provides end-to-end fiber networking solutions for communications service provider, enterprises, and government customers in the United States, Germany, the United Kingdom, Mexico, and internationally. It operates through two segments, Network Solutions, and Services & Support. The company offers fiber access and fiber to the node platforms; transceivers, cables, and other miscellaneous materials; passive optical network optical line terminals; fiber to the distribution point Gfast distribution point units; cabinet and outside plant enclosures and services; packet optical transports; fixed wireless access platforms; and network management and subscriber services, and control and orchestration software. It also provides broadband customer premises solutions, ethernet switches and routers, residential gateways, cloud-based software-as-a-service management platforms, virtual wireless local area networks, Internet of Things gateways, pre-sale and post-sale technical support, and multi-gigabit mesh Wi-Fi gateways. In addition, the company offers time division multiplexed and asynchronous transfer mode-based aggregation systems and customer devices; and high-bit-rate and asymmetric digital subscriber line, and other technologies. Further, it provides other access and aggregation, subscriber and experience, and traditional and other products, software, and services. Additionally, the company engages in the provision of planning, engineering, program management, maintenance, installation, and commissioning services to implement customer network solutions; and customer devices solutions into consumer, small business, and enterprise locations. ADTRAN Holdings, Inc. is headquartered in Huntsville, Alabama.

Earnings Per Share

As for profitability, ADTRAN has a trailing twelve months EPS of $-3.41.

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 -22.08%.

Moving Average

ADTRAN’s worth is way below its 50-day moving average of $6.78 and way under its 200-day moving average of $7.81.

Volume

Today’s last reported volume for ADTRAN is 1443210 which is 65.46% above its average volume of 872209.

More news about ADTRAN.

4. Putnam Managed Municipal Income Trust (PMM) – Dividend Yield: 4.64%

Putnam Managed Municipal Income Trust’s last close was $6.12, 8.66% under its 52-week high of $6.70. Intraday change was -0.49%.

Putnam Managed Municipal Income Trust is a close-ended fixed income mutual fund launched and managed by Putnam Investment Management LLC. It is co-managed by Putnam Investments Limited. The fund invests in the fixed income markets of the United States. It primarily invests in a diversified portfolio of tax-exempt municipal securities, including high-yield securities that are rated below investment grade. The fund benchmarks the performance of its portfolio against the Barclays Municipal Bond Index. Putnam Managed Municipal Income Trust was formed on February 24, 1989 and is domiciled in the United States.

Earnings Per Share

As for profitability, Putnam Managed Municipal Income Trust has a trailing twelve months EPS of $0.23.

PE Ratio

Putnam Managed Municipal Income Trust has a trailing twelve months price to earnings ratio of 26.61. Meaning, the purchaser of the share is investing $26.61 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 3.25%.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Mar 21, 2024, the estimated forward annual dividend rate is 0.29 and the estimated forward annual dividend yield is 4.64%.

Moving Average

Putnam Managed Municipal Income Trust’s worth is under its 50-day moving average of $6.15 and above its 200-day moving average of $5.86.

Yearly Top and Bottom Value

Putnam Managed Municipal Income Trust’s stock is valued at $6.12 at 10:15 EST, below its 52-week high of $6.70 and way higher than its 52-week low of $5.00.

More news about Putnam Managed Municipal Income Trust.

5. BlackRock (BLK) – Dividend Yield: 2.44%

BlackRock’s last close was $802.30, 5.05% under its 52-week high of $845.00. Intraday change was 0.26%.

BlackRock, Inc. is a publicly owned investment manager. The firm primarily provides its services to institutional, intermediary, and individual investors including corporate, public, union, and industry pension plans, insurance companies, third-party mutual funds, endowments, public institutions, governments, foundations, charities, sovereign wealth funds, corporations, official institutions, and banks. It also provides global risk management and advisory services. The firm manages separate client-focused equity, fixed income, and balanced portfolios. It also launches and manages open-end and closed-end mutual funds, offshore funds, unit trusts, and alternative investment vehicles including structured funds. The firm launches equity, fixed income, balanced, and real estate mutual funds. It also launches equity, fixed income, balanced, currency, commodity, and multi-asset exchange traded funds. The firm also launches and manages hedge funds. It invests in the public equity, fixed income, real estate, currency, commodity, and alternative markets across the globe. The firm primarily invests in growth and value stocks of small-cap, mid-cap, SMID-cap, large-cap, and multi-cap companies. It also invests in dividend-paying equity securities. The firm invests in investment grade municipal securities, government securities including securities issued or guaranteed by a government or a government agency or instrumentality, corporate bonds, and asset-backed and mortgage-backed securities. It employs fundamental and quantitative analysis with a focus on bottom-up and top-down approach to make its investments. The firm employs liquidity, asset allocation, balanced, real estate, and alternative strategies to make its investments. In real estate sector, it seeks to invest in Poland and Germany. The firm benchmarks the performance of its portfolios against various S&P, Russell, Barclays, MSCI, Citigroup, and Merrill Lynch indices. BlackRock, Inc. was founded in 1988 and is based in New York City with additional offices in Boston, Massachusetts; London, United Kingdom; Gurgaon, India; Hong Kong; Greenwich, Connecticut; Princeton, New Jersey; Edinburgh, United Kingdom; Sydney, Australia; Taipei, Taiwan; Singapore; Sao Paulo, Brazil; Philadelphia, Pennsylvania; Washington, District of Columbia; Toronto, Canada; Wilmington, Delaware; and San Francisco, California.

Earnings Per Share

As for profitability, BlackRock has a trailing twelve months EPS of $36.49.

PE Ratio

BlackRock has a trailing twelve months price to earnings ratio of 21.99. Meaning, the purchaser of the share is investing $21.99 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 14.19%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 6.8%, now sitting on 17.86B for the twelve trailing months.

Moving Average

BlackRock’s worth is higher than its 50-day moving average of $799.25 and way above its 200-day moving average of $719.45.

More news about BlackRock.

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