Tectonic Financial, Lexington Realty Trust, Another 2 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Tectonic Financial (TECTP), Lexington Realty Trust (LXP), Nuveen New York Select Tax (NXN) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Tectonic Financial (TECTP) 8.63% 2023-01-28 17:10:21
Lexington Realty Trust (LXP) 4.35% 2023-02-01 05:15:18
Nuveen New York Select Tax (NXN) 3.8% 2023-02-02 01:06:16
Blackrock MuniYield Pennsylvania Quality Fund (MPA) 3.57% 2023-02-01 13:08:13

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. Tectonic Financial (TECTP) – Dividend Yield: 8.63%

Tectonic Financial’s last close was $10.43, 3.43% below its 52-week high of $10.80. Intraday change was -0.05%.

Tectonic Financial, Inc., a financial holding company, provides banking and financial products and services to high net worth individuals, small businesses, and institutions in the United States. It offers commercial and consumer banking services, such as demand deposits, regular savings accounts, money market accounts, individual retirement accounts, and certificates of deposit; commercial and real estate loans, dental loans, commercial and industrial, commercial real estate, construction loans, and consumer installment loans; and wealth management and trust services. The company also provides trust, investment advisory, securities brokerage, factoring, third-party administration, recordkeeping, underwriting, and insurance services. It offers services through various delivery systems, including automated teller machines, mobile banking, and internet banking. Tectonic Financial, Inc. was formerly known as T Acquisition, Inc. and changed its name to Tectonic Financial, Inc. in May 2019. The company was incorporated in 2016 and is headquartered in Dallas, Texas.

Earnings Per Share

As for profitability, Tectonic Financial has a trailing twelve months EPS of $2.15.

PE Ratio

Tectonic Financial has a trailing twelve months price to earnings ratio of 4.84. Meaning,
the purchaser of the share is investing $4.84 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 19.79%.

Yearly Top and Bottom Value

Tectonic Financial’s stock is valued at $10.43 at 16:15 EST, under its 52-week high of $10.80 and higher than its 52-week low of $10.20.

Moving Average

Tectonic Financial’s worth is above its 50-day moving average of $10.34 and higher than its 200-day moving average of $10.40.

More news about Tectonic Financial.

2. Lexington Realty Trust (LXP) – Dividend Yield: 4.35%

Lexington Realty Trust’s last close was $11.55, 28.31% below its 52-week high of $16.11. Intraday change was 2.03%.

Lexington Realty Trust (NYSE: LXP) is a publicly traded real estate investment trust (REIT) that owns a diversified portfolio of real estate assets consisting primarily of equity investments in single-tenant net-leased commercial properties across the United States. Lexington seeks to expand its industrial portfolio through build-to-suit transactions, sale-leaseback transactions and other transactions, including acquisitions.

Earnings Per Share

As for profitability, Lexington Realty Trust has a trailing twelve months EPS of $1.18.

PE Ratio

Lexington Realty Trust has a trailing twelve months price to earnings ratio of 9.79. Meaning,
the purchaser of the share is investing $9.79 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 15.87%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 4%, now sitting on 326.62M for the twelve trailing months.

Volatility

Lexington Realty Trust’s last week, last month’s, and last quarter’s current intraday variation average was 0.27%, 0.64%, and 1.52%.

Lexington Realty Trust’s highest amplitude of average volatility was 1.77% (last week), 1.51% (last month), and 1.52% (last quarter).

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Dec 28, 2022, the estimated forward annual dividend rate is 0.5 and the estimated forward annual dividend yield is 4.35%.

More news about Lexington Realty Trust.

3. Nuveen New York Select Tax (NXN) – Dividend Yield: 3.8%

Nuveen New York Select Tax’s last close was $12.18, 8.97% below its 52-week high of $13.38. Intraday change was -0.16%.

Nuveen New York Select Tax-Free Income Portfolio 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 New York. The fund invests in the securities of companies that operate across diversified sectors. It primarily invests in municipal bonds with an average credit quality of Baa/BBB or better. The fund employs fundamental analysis to create its portfolio. It benchmarks the performance of its portfolio against Barclays Capital New York Municipal Bond Index and S&P New York Municipal Bond Index. Nuveen New York Select Tax-Free Income Portfolio was formed on June 19, 1992 and is domiciled in the United States.

Earnings Per Share

As for profitability, Nuveen New York Select Tax has a trailing twelve months EPS of $0.6.

PE Ratio

Nuveen New York Select Tax has a trailing twelve months price to earnings ratio of 20.3. Meaning,
the purchaser of the share is investing $20.3 for every dollar of annual earnings.

Moving Average

Nuveen New York Select Tax’s value is above its 50-day moving average of $11.75 and higher than its 200-day moving average of $11.73.

More news about Nuveen New York Select Tax.

4. Blackrock MuniYield Pennsylvania Quality Fund (MPA) – Dividend Yield: 3.57%

Blackrock MuniYield Pennsylvania Quality Fund’s last close was $11.56, 23.6% under its 52-week high of $15.13. Intraday change was 0.43%.

BlackRock MuniYield Pennsylvania Quality Fund is a closed ended fixed income mutual fund launched by BlackRock, Inc. It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets. It invests primarily in long-term investment grade municipal obligations exempt from federal income taxes and Pennsylvania income taxes. The fund also invests in short-term investments and other bonds. BlackRock MuniYield Pennsylvania Quality Fund was formed in November 4, 1992 and is domiciled in United States.

Earnings Per Share

As for profitability, Blackrock MuniYield Pennsylvania Quality Fund has a trailing twelve months EPS of $-0.25.

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 -13.48%.

More news about Blackrock MuniYield Pennsylvania Quality Fund.

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