The Cushing MLP Total Return Fund, Brookfield Property Partners, Another 5 Companies Have A High Estimated Dividend Yield

(VIANEWS) – The Cushing MLP Total Return Fund (SRV), Brookfield Property Partners (BPYPP), VALE (VALE) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
The Cushing MLP Total Return Fund (SRV) 14.02% 2024-01-09 17:15:05
Brookfield Property Partners (BPYPP) 11.82% 2024-01-18 12:51:29
VALE (VALE) 8.27% 2024-01-18 09:00:24
Nuveen AMT (NUW) 4.01% 2024-01-08 19:14:05
Bank of America (BAC) 2.93% 2024-01-18 12:52:50
Weyerhaeuser Company (WY) 2.26% 2024-01-18 12:23:02
Patrick Industries (PATK) 2.25% 2024-01-14 19:48:06

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. The Cushing MLP Total Return Fund (SRV) – Dividend Yield: 14.02%

The Cushing MLP Total Return Fund’s last close was $34.35, 22.46% under its 52-week high of $44.30. Intraday change was -0.03%.

Cushing MLP Total Return Fund is a closed-ended balanced mutual fund launched by Swank Capital, LLC. The fund is managed by Swank Energy Income Advisors L.P. It invests in the public equity and fixed income markets across the globe with a focus in United States. The fund typically invests in MLPs, Other Natural Resource Companies, and global commodities. It primarily invests in the securities of MLPs, other equity securities, debt securities, and securities of non-U.S. issuers employing a fundamental analysis. Cushing MLP Total Return Fund was formed on May 23, 2007 and is domiciled in Dallas.

Earnings Per Share

As for profitability, The Cushing MLP Total Return Fund has a trailing twelve months EPS of $-4.18.

Moving Average

The Cushing MLP Total Return Fund’s worth is below its 50-day moving average of $35.34 and under its 200-day moving average of $36.68.

Volume

Today’s last reported volume for The Cushing MLP Total Return Fund is 70621 which is 96.72% above its average volume of 35898.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Nov 1, 2023, the estimated forward annual dividend rate is 5.4 and the estimated forward annual dividend yield is 14.02%.

Yearly Top and Bottom Value

The Cushing MLP Total Return Fund’s stock is valued at $34.34 at 02:15 EST, way under its 52-week high of $44.30 and way higher than its 52-week low of $29.74.

More news about The Cushing MLP Total Return Fund.

2. Brookfield Property Partners (BPYPP) – Dividend Yield: 11.82%

Brookfield Property Partners’s last close was $13.61, 37.74% under its 52-week high of $21.86. Intraday change was -0.93%.

Brookfield Property Partners, through Brookfield Property Partners L.P. and its subsidiary Brookfield Property REIT Inc., is one of the world's premier real estate companies, with approximately $88 billion in total assets. We own and operate iconic properties in the world's major markets, and our global portfolio includes office, retail, multifamily, logistics, hospitality, triple net lease, manufactured housing and student housing. Brookfield Property Partners is the flagship listed real estate company of Brookfield Asset Management Inc., a leading global alternative asset manager with over $600 billion in assets under management. More information is available at www.brookfield.com.

Earnings Per Share

As for profitability, Brookfield Property Partners has a trailing twelve months EPS of $2.2.

PE Ratio

Brookfield Property Partners has a trailing twelve months price to earnings ratio of 6.16. Meaning, the purchaser of the share is investing $6.16 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 -5.42%.

Volume

Today’s last reported volume for Brookfield Property Partners is 5287 which is 81.28% below its average volume of 28254.

Volatility

Brookfield Property Partners’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.96%, a positive 0.06%, and a positive 1.70%.

Brookfield Property Partners’s highest amplitude of average volatility was 0.96% (last week), 1.50% (last month), and 1.70% (last quarter).

More news about Brookfield Property Partners.

3. VALE (VALE) – Dividend Yield: 8.27%

VALE’s last close was $14.04, 27.29% below its 52-week high of $19.31. Intraday change was -1.71%.

Vale S.A., together with its subsidiaries, produces and sells iron ore and iron ore pellets for use as raw materials in steelmaking in Brazil and internationally. The company operates through Iron Solutions and Energy Transition Materials segments. The Iron Solutions segment produces and extracts iron ore and pellets, manganese, and other ferrous products; and provides related logistic services. The Energy Transition Materials segment produces and extracts nickel used to produce stainless steel, electric vehicles, and metal alloys; and its by-products, such as gold, silver, cobalt, precious metals, platinum, and others, as well as copper used in the construction sector to produce pipes and electrical wires. The company was formerly known as Companhia Vale do Rio Doce and changed its name to Vale S.A. in May 2009. Vale S.A. was founded in 1942 and is headquartered in Rio de Janeiro, Brazil.

Earnings Per Share

As for profitability, VALE has a trailing twelve months EPS of $2.1.

PE Ratio

VALE has a trailing twelve months price to earnings ratio of 6.7. Meaning, the purchaser of the share is investing $6.7 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 26.77%.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Nov 21, 2023, the estimated forward annual dividend rate is 1.27 and the estimated forward annual dividend yield is 8.27%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 7%, now sitting on 42.19B for the twelve trailing months.

More news about VALE.

4. Nuveen AMT (NUW) – Dividend Yield: 4.01%

Nuveen AMT’s last close was $13.84, 5.79% under its 52-week high of $14.69. Intraday change was 0.58%.

Nuveen AMT-Free Municipal Value Fund is a close-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 fixed income markets of the United States. The fund makes its investments in the securities of companies operating across diversified sectors. It primarily invests its assets in a portfolio of municipal securities. The fund uses value oriented strategy to make its investments. It employs a fundamental analysis with a combination of top-down and bottom-up stock picking approach to create its portfolio. The fund conducts in-house research to make its investments. Nuveen AMT-Free Municipal Value Fund was formed on November 19, 2008 and is domiciled in the United States.

Earnings Per Share

As for profitability, Nuveen AMT has a trailing twelve months EPS of $0.29.

PE Ratio

Nuveen AMT has a trailing twelve months price to earnings ratio of 47.72. Meaning, the purchaser of the share is investing $47.72 for every dollar of annual earnings.

More news about Nuveen AMT.

5. Bank of America (BAC) – Dividend Yield: 2.93%

Bank of America’s last close was $31.73, 14.24% under its 52-week high of $37.00. Intraday change was -0.68%.

Bank of America Corporation, through its subsidiaries, provides banking and financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide. Its Consumer Banking segment offers traditional and money market savings accounts, certificates of deposit and IRAs, noninterest-and interest-bearing checking accounts, and investment accounts and products; and credit and debit cards, residential mortgages, and home equity loans, as well as direct and indirect loans, such as automotive, recreational vehicle, and consumer personal loans. The company's Global Wealth & Investment Management segment offers investment management, brokerage, banking, and trust and retirement products and services; and wealth management solutions, as well as customized solutions, including specialty asset management services. Its Global Banking segment provides lending products and services, including commercial loans, leases, commitment facilities, trade finance, and commercial real estate and asset-based lending; treasury solutions, such as treasury management, foreign exchange, and short-term investing options and merchant services; working capital management solutions; and debt and equity underwriting and distribution, and merger-related and other advisory services. The company's Global Markets segment offers market-making, financing, securities clearing, settlement, and custody services, as well as risk management products using interest rate, equity, credit, currency and commodity derivatives, foreign exchange, fixed-income, and mortgage-related products. The company was founded in 1784 and is based in Charlotte, North Carolina.

Earnings Per Share

As for profitability, Bank of America has a trailing twelve months EPS of $3.08.

PE Ratio

Bank of America has a trailing twelve months price to earnings ratio of 10.25. Meaning, the purchaser of the share is investing $10.25 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 10.96%.

Volume

Today’s last reported volume for Bank of America is 17495500 which is 61.48% below its average volume of 45423700.

More news about Bank of America.

6. Weyerhaeuser Company (WY) – Dividend Yield: 2.26%

Weyerhaeuser Company’s last close was $32.59, 9.47% under its 52-week high of $36.00. Intraday change was -0.62%.

Weyerhaeuser Company, one of the world's largest private owners of timberlands, began operations in 1900. We own or control approximately 11 million acres of timberlands in the U.S. and manage additional timberlands under long-term licenses in Canada. We manage these timberlands on a sustainable basis in compliance with internationally recognized forestry standards. We are also one of the largest manufacturers of wood products in North America. Our company is a real estate investment trust. In 2022, we generated $10.2 billion in net sales and employed approximately 9,200 people who serve customers worldwide. Our common stock trades on the New York Stock Exchange under the symbol WY.

Earnings Per Share

As for profitability, Weyerhaeuser Company has a trailing twelve months EPS of $0.87.

PE Ratio

Weyerhaeuser Company has a trailing twelve months price to earnings ratio of 37.09. Meaning, the purchaser of the share is investing $37.09 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 5.99%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 11.2%, now sitting on 7.72B for the twelve trailing months.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Weyerhaeuser Company’s EBITDA is 54.34.

Moving Average

Weyerhaeuser Company’s worth is below its 50-day moving average of $32.32 and higher than its 200-day moving average of $31.47.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Nov 29, 2023, the estimated forward annual dividend rate is 0.76 and the estimated forward annual dividend yield is 2.26%.

More news about Weyerhaeuser Company.

7. Patrick Industries (PATK) – Dividend Yield: 2.25%

Patrick Industries’s last close was $97.70, 5.48% below its 52-week high of $103.36. Intraday change was -1.64%.

Patrick Industries, Inc. manufactures and distributes components, building products, and materials for the recreational vehicle, marine, manufactured housing, and industrial markets in the United States, China, and Canada. Its Manufacturing segment manufactures and sells furniture, shelving, wall, countertop, and cabinet product; cabinet door, fiberglass bath fixture, and tile system; hardwood furniture, vinyl printing, amplifiers, tower speakers, soundbars, and subwoofers; solid surface, granite, and quartz countertop fabrication; aluminum product; fiberglass and plastic components; RV painting; decorative vinyl and paper laminated panels; softwoods lumber; custom cabinet; polymer-based flooring product; dash panels; and other products. This segment also provides wrapped vinyl, paper, and hardwood profile moulding; interior passage doors; air handling products; slide-out trim and fascia; treated, untreated, and laminated plywood; fiberglass and plastic helm systems and components; boat covers, tower, top, and frame; adhesives and sealants; thermoformed shower surrounds; specialty bath, and closet building products; wiring and wire harnesses; aluminum and plastic fuel tanks; CNC molds, composite part, marine hardware; slotwall panels, components; and other products. The company's Distribution segment distributes pre-finished wall and ceiling panel, drywall and finishing product, electronic, audio system component, appliance, marine accessories, wiring product, electrical and plumbing product, fiber reinforced polyester product; cement siding product, raw and processed lumber, interior passage, roofing, laminate, and ceramic flooring product, shower door, furniture, fireplace and surround, interior and exterior lighting product, and other products. This segment also offers transportation and logistics service. The company was founded in 1959 and is headquartered in Elkhart, Indiana.

Earnings Per Share

As for profitability, Patrick Industries has a trailing twelve months EPS of $6.8.

PE Ratio

Patrick Industries has a trailing twelve months price to earnings ratio of 14.37. Meaning, the purchaser of the share is investing $14.37 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 15.4%.

More news about Patrick Industries.

Leave a Reply

Your email address will not be published. Required fields are marked *