(VIANEWS) – Prudential Global Short Duration High Yield Fund (GHY), Marine Petroleum Trust (MARPS), Nuveen Dividend Advantage Municipal Fund (NAD) 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 |
| Marine Petroleum Trust (MARPS) | 10.21% | 2024-03-07 03:23:06 |
| Nuveen Dividend Advantage Municipal Fund (NAD) | 5.51% | 2024-03-19 07:23:06 |
| Sun Life Financial (SLF) | 4.18% | 2024-03-19 08:22:57 |
| Allstate (ALL) | 2.35% | 2024-03-18 15:52:14 |
| Targa Resources (TRGP) | 2.01% | 2024-03-03 01:10:05 |
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. 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% below 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.
Volatility
Prudential Global Short Duration High Yield Fund’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.18%, a positive 0.11%, and a positive 0.51%.
Prudential Global Short Duration High Yield Fund’s highest amplitude of average volatility was 0.92% (last week), 0.38% (last month), and 0.51% (last quarter).
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Nov 8, 2023, the estimated forward annual dividend rate is 1.26 and the estimated forward annual dividend yield is 12.23%.
Yearly Top and Bottom Value
Prudential Global Short Duration High Yield Fund’s stock is valued at $11.66 at 10:15 EST, below its 52-week high of $11.82 and way above its 52-week low of $10.24.
More news about Prudential Global Short Duration High Yield Fund.
2. Marine Petroleum Trust (MARPS) – Dividend Yield: 10.21%
Marine Petroleum Trust’s last close was $4.19, 52.76% below its 52-week high of $8.87. Intraday change was 2.7%.
Marine Petroleum Trust, together with its subsidiary, Marine Petroleum Corporation, operates as a royalty trust in the United States. It has overriding royalty interest in oil and natural gas leases in the Central and Western areas of the Gulf of Mexico off the coasts of Louisiana and Texas. Marine Petroleum Trust was founded in 1956 and is based in Dallas, Texas.
Earnings Per Share
As for profitability, Marine Petroleum Trust has a trailing twelve months EPS of $0.54.
PE Ratio
Marine Petroleum Trust has a trailing twelve months price to earnings ratio of 7.76. Meaning, the purchaser of the share is investing $7.76 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 102.21%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 49.3%, now sitting on 1.35M for the twelve trailing months.
More news about Marine Petroleum Trust.
3. Nuveen Dividend Advantage Municipal Fund (NAD) – Dividend Yield: 5.51%
Nuveen Dividend Advantage Municipal Fund’s last close was $11.32, 2.75% under its 52-week high of $11.64. Intraday change was 0.35%.
Nuveen Quality Municipal Income Fund 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 the United States. The fund invests in undervalued municipal securities and other related investments, the income from which is exempt from regular federal income taxes. It seeks to invest in investment grade securities with an average maturity of around 18 years. The fund employs fundamental analysis with a focus on bottom-up stock picking approach to create its portfolio. It benchmarks the performance of its portfolio against Standard & Poor's (S&P). The fund was formerly known as Nuveen Dividend Advantage Municipal Fund. Nuveen Quality Municipal Income Fund was formed on January 15, 1999 and is domiciled in the United States.
Earnings Per Share
As for profitability, Nuveen Dividend Advantage Municipal Fund has a trailing twelve months EPS of $0.19.
PE Ratio
Nuveen Dividend Advantage Municipal Fund has a trailing twelve months price to earnings ratio of 59.58. Meaning, the purchaser of the share is investing $59.58 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 1.58%.
Yearly Top and Bottom Value
Nuveen Dividend Advantage Municipal Fund’s stock is valued at $11.32 at 10:15 EST, below its 52-week high of $11.64 and way higher than its 52-week low of $9.56.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Mar 14, 2024, the estimated forward annual dividend rate is 0.62 and the estimated forward annual dividend yield is 5.51%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 1.7%, now sitting on 223.32M for the twelve trailing months.
More news about Nuveen Dividend Advantage Municipal Fund.
4. Sun Life Financial (SLF) – Dividend Yield: 4.18%
Sun Life Financial’s last close was $54.53, 1.62% under its 52-week high of $55.43. Intraday change was -0.18%.
Sun Life Financial Inc., a financial services company, provides savings, retirement, and pension products worldwide. The company operates in five segments: Asset Management, Canada, U.S., Asia, and Corporate. It offers various insurance products, such as term and permanent life; personal health, which includes prescription drugs, dental, and vision care; critical illness; long-term care; and disability, as well as reinsurance. The company also provides advice for financial planning and retirement planning services; investments products, such as mutual funds, segregated funds, and annuities; and asset and investment management products consisting of pooled funds, institutional portfolios, and pension funds. In addition, it offers real estate services; manages equity capital in various private and listed funds, as well as mezzanine debt, middle market direct lending, high-yield bonds, and syndicated loans; and operates as an investment grade fixed income investor, real estate investment management advisor, infrastructure investment manager, and alternative credit investment manager. The company was formerly known as Sun Life Financial Services of Canada Inc. and changed its name to Sun Life Financial Inc. in July 2003. Sun Life Financial Inc. was founded in 1871 and is headquartered in Toronto, Canada.
Earnings Per Share
As for profitability, Sun Life Financial has a trailing twelve months EPS of $3.91.
PE Ratio
Sun Life Financial has a trailing twelve months price to earnings ratio of 13.95. Meaning, the purchaser of the share is investing $13.95 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 13.98%.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Sun Life Financial’s stock is considered to be overbought (>=80).
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Feb 27, 2024, the estimated forward annual dividend rate is 2.3 and the estimated forward annual dividend yield is 4.18%.
More news about Sun Life Financial.
5. Allstate (ALL) – Dividend Yield: 2.35%
Allstate’s last close was $163.01, 3% below its 52-week high of $168.05. Intraday change was 0.5%.
The Allstate Corporation, together with its subsidiaries, provides property and casualty, and other insurance products in the United States and Canada. It operates in five segments: Allstate Protection; Protection Services; Allstate Health and Benefits; Run-off Property-Liability; and Corporate and Other segments. The Allstate Protection segment offers private passenger auto and homeowners insurance; other personal lines products; and commercial lines products through agents, contact centers, and online. The Protection Services segment provides consumer product protection; protection and insurance products, including vehicle service contracts, guaranteed asset protection, road hazard tire and wheel, and paintless dent repair protection; and roadside assistance, device and mobile data collection services, and analytic solutions using automotive telematics information, as well as identity theft protection and remediation services. This segment also offers its products under various brands, including Allstate Protection Plans, Allstate Dealer Services, Allstate Roadside, Arity, Avail, and Allstate Identity Protection. The Allstate Health and Benefits segment provides life, accident, critical illness, short-term disability, and other health insurance products; stop-loss and fully insured group health products to employers; and short-term medical and medicare supplement insurance to individuals. The Run-off Property-Liability segment offers property and casualty insurance coverage that primarily relates to policies written during the 1960s through the mid-1980s. The Corporate and Other segment provides debt services, as well as non-insurance operations. It sells its products through agents, independent agents, call and contact centers, retailers, direct to consumer, wholesale partners, and affinity groups, as well as through online and mobile applications. The Allstate Corporation was founded in 1931 and is headquartered in Northbrook, Illinois.
Earnings Per Share
As for profitability, Allstate has a trailing twelve months EPS of $-1.2.
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 -1.22%.
Moving Average
Allstate’s worth is above its 50-day moving average of $154.98 and way above its 200-day moving average of $127.00.
Yearly Top and Bottom Value
Allstate’s stock is valued at $163.01 at 10:15 EST, under its 52-week high of $168.05 and way higher than its 52-week low of $100.57.
More news about Allstate.
6. Targa Resources (TRGP) – Dividend Yield: 2.01%
Targa Resources’s last close was $99.34, 0.26% below its 52-week high of $99.60. Intraday change was 1.12%.
Targa Resources Corp., together with its subsidiary, Targa Resources Partners LP, owns, operates, acquires, and develops a portfolio of complementary domestic midstream infrastructure assets in North America. The company operates in two segments, Gathering and Processing, and Logistics and Transportation. It engages in gathering, compressing, treating, processing, transporting, and selling natural gas; storing, fractionating, treating, transporting, and selling natural gas liquids (NGL) and NGL products, including services to liquefied petroleum gas exporters; and gathering, storing, terminaling, purchasing, and selling crude oil. The company is also involved in the purchase and resale of NGL products; and wholesale of propane, as well as provision of related logistics services to multi-state retailers, independent retailers, and other end-users. In addition, it offers NGL balancing services; and transportation services to refineries and petrochemical companies in the Gulf Coast area, as well as purchases, markets, and resells natural gas. As of December 31, 2022, it leased and managed approximately 606 railcars; 122 tractors; and 6 vacuum trucks and 2 pressurized NGL barges. The company was incorporated in 2005 and is headquartered in Houston, Texas.
Earnings Per Share
As for profitability, Targa Resources has a trailing twelve months EPS of $3.66.
PE Ratio
Targa Resources has a trailing twelve months price to earnings ratio of 27.14. Meaning, the purchaser of the share is investing $27.14 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 32.93%.
Sales Growth
Targa Resources’s sales growth is negative 5.1% for the present quarter and negative 2% for the next.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Jan 30, 2024, the estimated forward annual dividend rate is 2 and the estimated forward annual dividend yield is 2.01%.
More news about Targa Resources.
