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TORM Plc, BlackRock Floating Rate Income Trust, Another 7 Companies Have A High Estimated Dividend Yield

(VIANEWS) – TORM plc (TRMD), BlackRock Floating Rate Income Trust (BGT), Tortoise Pipeline & Energy Fund (TTP) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
TORM plc (TRMD) 17.37% 2024-02-09 01:13:05
BlackRock Floating Rate Income Trust (BGT) 11.45% 2024-02-10 03:12:07
Tortoise Pipeline & Energy Fund (TTP) 8.2% 2024-02-14 07:23:05
Gerdau S.A. (GGB) 7.55% 2024-02-11 09:23:07
Cal-Maine Foods (CALM) 5.51% 2024-02-15 19:10:06
Portland General Electric Co (POR) 4.67% 2024-02-13 09:08:06
Ericsson (ERIC) 4.58% 2024-02-18 03:11:08
American Electric Power Company (AEP) 4.33% 2024-02-18 03:14:51
Restaurant Brands International (QSR) 3.01% 2024-02-18 03:30:42

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. TORM plc (TRMD) – Dividend Yield: 17.37%

TORM plc’s last close was $33.63, 9.38% under its 52-week high of $37.11. Intraday change was -1.06%.

TORM plc, a product tanker company, engages in the transportation of refined oil products and crude oil worldwide. The company transports gasoline, jet fuel, and naphtha. As of March 23, 2022, it operated a fleet of approximately 85 vessels. The company was founded in 1889 and is headquartered in London, the United Kingdom.

Earnings Per Share

As for profitability, TORM plc has a trailing twelve months EPS of $8.1.

PE Ratio

TORM plc has a trailing twelve months price to earnings ratio of 4.15. Meaning, the purchaser of the share is investing $4.15 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 46.55%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 20.1%, now sitting on 1.58B for the twelve trailing months.

Yearly Top and Bottom Value

TORM plc’s stock is valued at $33.63 at 09:15 EST, below its 52-week high of $37.11 and way above its 52-week low of $22.31.

Sales Growth

TORM plc’s sales growth is negative 35.2% for the ongoing quarter and negative 30% for the next.

Earnings Before Interest, Taxes, Depreciation, and Amortization

TORM plc’s EBITDA is 17.39.

More news about TORM plc.

2. BlackRock Floating Rate Income Trust (BGT) – Dividend Yield: 11.45%

BlackRock Floating Rate Income Trust’s last close was $12.61, 0.16% under its 52-week high of $12.63. Intraday change was 0.36%.

BlackRock Floating Rate Income Trust is a close ended fixed income mutual fund launched by BlackRoack Inc. The fund is co-managed by BlackRock Advisors, LLC and BlackRock Financial Management, Inc. It invests in the fixed income markets across the globe while focusing on the United States. The fund invests in bonds of companies operating across diversified sectors. It invests in corporate bonds with average effective duration of its portfolio will be no more than 1.5 years. The fund was formerly known as BlackRock Global Floating Rate Income Trust. BlackRock Floating Rate Income Trust was formed on August 30, 2004 and is domiciled in the United States.

Earnings Per Share

As for profitability, BlackRock Floating Rate Income Trust has a trailing twelve months EPS of $1.67.

PE Ratio

BlackRock Floating Rate Income Trust has a trailing twelve months price to earnings ratio of 7.55. Meaning, the purchaser of the share is investing $7.55 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 13.47%.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Feb 14, 2024, the estimated forward annual dividend rate is 1.44 and the estimated forward annual dividend yield is 11.45%.

Volume

Today’s last reported volume for BlackRock Floating Rate Income Trust is 80148 which is 24.72% below its average volume of 106470.

Yearly Top and Bottom Value

BlackRock Floating Rate Income Trust’s stock is valued at $12.61 at 09:15 EST, below its 52-week high of $12.63 and way above its 52-week low of $10.75.

Revenue Growth

Year-on-year quarterly revenue growth grew by 72.8%, now sitting on 31.8M for the twelve trailing months.

More news about BlackRock Floating Rate Income Trust.

3. Tortoise Pipeline & Energy Fund (TTP) – Dividend Yield: 8.2%

Tortoise Pipeline & Energy Fund’s last close was $28.77, 2.94% below its 52-week high of $29.64. Intraday change was -1.64%.

Tortoise Pipeline & Energy Fund, Inc. is a closed ended equity mutual fund launched and managed by Tortoise Capital Advisors, LLC. It invests in public equity markets of North America. The fund invests in pipeline companies that engage in the business of transporting natural gas, natural gas liquids, crude oil, and refined petroleum products. It employs a fundamental analysis with a bottom up stock picking approach with focus on factors like comparison of quantitative, qualitative, and relative value factors to create its portfolio. Tortoise Pipeline & Energy Fund, Inc. was formed on July 19, 2011 and is domiciled in the United States.

Earnings Per Share

As for profitability, Tortoise Pipeline & Energy Fund has a trailing twelve months EPS of $2.21.

PE Ratio

Tortoise Pipeline & Energy Fund has a trailing twelve months price to earnings ratio of 13.02. Meaning, the purchaser of the share is investing $13.02 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 6.07%.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Feb 21, 2024, the estimated forward annual dividend rate is 2.36 and the estimated forward annual dividend yield is 8.2%.

Yearly Top and Bottom Value

Tortoise Pipeline & Energy Fund’s stock is valued at $28.77 at 09:15 EST, under its 52-week high of $29.64 and way above its 52-week low of $23.72.

More news about Tortoise Pipeline & Energy Fund.

4. Gerdau S.A. (GGB) – Dividend Yield: 7.55%

Gerdau S.A.’s last close was $4.23, 31.33% below its 52-week high of $6.16. Intraday change was -0.7%.

Gerdau S.A., together with its subsidiaries, operates as a steel producer company in the Americas. The company operates through Brazil Business, North America Business, South America Business, and Special Steel Business divisions. It provides semi-finished products, including billets, blooms, and slabs; common long rolled products, such as rebars, wire rods, merchant bars, light shapes, and profiles to the construction and manufacturing industries; drawn products comprising barbed and barbless fence wires, galvanized wires, fences, concrete reinforcing wire mesh, nails, and clamps for manufacturing, construction, and agricultural industries; and special steel products used in auto parts, light and heavy vehicles, and agricultural machinery, as well as in the oil and gas, wind energy, machinery and equipment, mining and rail, and other markets. The company also offers flat products, such as hot-rolled steel coils and heavy plates; and resells flat steel products. In addition, it operates three mines that produce iron ore located in the Brazilian state of Minas Gerais. The company sells its products through independent distributors, direct sales from the mills, and its retail network. The company was founded in 1901 and is based in São Paulo, Brazil.

Earnings Per Share

As for profitability, Gerdau S.A. has a trailing twelve months EPS of $0.88.

PE Ratio

Gerdau S.A. has a trailing twelve months price to earnings ratio of 4.81. Meaning, the purchaser of the share is investing $4.81 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 16.31%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 19.3%, now sitting on 72.16B for the twelve trailing months.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Nov 20, 2023, the estimated forward annual dividend rate is 0.32 and the estimated forward annual dividend yield is 7.55%.

Yearly Top and Bottom Value

Gerdau S.A.’s stock is valued at $4.23 at 09:15 EST, way below its 52-week high of $6.16 and higher than its 52-week low of $4.15.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Gerdau S.A.’s EBITDA is 3.34.

More news about Gerdau S.A..

5. Cal-Maine Foods (CALM) – Dividend Yield: 5.51%

Cal-Maine Foods’s last close was $57.09, 7.79% below its 52-week high of $61.91. Intraday change was 2.16%.

Cal-Maine Foods, Inc., together with its subsidiaries, produces, grades, packages, markets, and distributes shell eggs. The company offers specialty shell eggs, such as nutritionally enhanced, cage free, organic, and brown eggs under the Egg-Land's Best, Land O' Lakes, Farmhouse Eggs, and 4-Grain brand names, as well as under private labels. It sells its products to various customers, including national and regional grocery store chains, club stores, independent supermarkets, foodservice distributors, and egg product consumers primarily in the southwestern, southeastern, mid-western, and mid-Atlantic regions of the United States. Cal-Maine Foods, Inc. was founded in 1957 and is headquartered in Ridgeland, Mississippi.

Earnings Per Share

As for profitability, Cal-Maine Foods has a trailing twelve months EPS of $9.26.

PE Ratio

Cal-Maine Foods has a trailing twelve months price to earnings ratio of 6.17. Meaning, the purchaser of the share is investing $6.17 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 30.59%.

More news about Cal-Maine Foods.

6. Portland General Electric Co (POR) – Dividend Yield: 4.67%

Portland General Electric Co’s last close was $40.70, 21.09% under its 52-week high of $51.58. Intraday change was 1.47%.

Portland General Electric Company, an integrated electric utility company, engages in the generation, wholesale purchase, transmission, distribution, and retail sale of electricity in the state of Oregon. The company operates seven thermal plants; seven hydroelectric plants; and two wind farms. As of December 31, 2019, it owned an electric transmission system consisting of 1,264 circuit miles, including 287 circuit miles of 500 kilovolt line, 423 circuit miles of 230 kilovolt line, and 554 miles of 115 kilovolt line. The company has 27,755 circuit miles of distribution lines. It also purchases and sells wholesale natural gas in the United States and Canada. The company serves approximately 895,000 residential, commercial, and industrial customers in 51 cities. Portland General Electric Company was founded in 1889 and is headquartered in Portland, Oregon.

Earnings Per Share

As for profitability, Portland General Electric Co has a trailing twelve months EPS of $2.21.

PE Ratio

Portland General Electric Co has a trailing twelve months price to earnings ratio of 18.42. Meaning, the purchaser of the share is investing $18.42 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 6.97%.

More news about Portland General Electric Co.

7. Ericsson (ERIC) – Dividend Yield: 4.58%

Ericsson’s last close was $5.35, 15.88% below its 52-week high of $6.36. Intraday change was -0.56%.

Telefonaktiebolaget LM Ericsson (publ), together with its subsidiaries, provides communication infrastructure, services, and software solutions to the telecom and other sectors. It operates through four segments: Networks, Cloud Software and Services, Enterprise, and Other. The Networks segment offers radio access network solutions for various network spectrum bands, including integrated high-performing hardware and software. This segment also provides active antenna and transport solutions; and a range of service portfolio covering network deployment and support. The Cloud Software and Services segment offers core networks, business and operational support systems, network design and optimization, and network managed services. The Enterprise segment offers global communications platform including cloud-based unified communications as a service, contact center as a service, and communications platform as a service; enterprise wireless solutions comprise private wireless networks and wireless wan pre-packaged solutions; and technologies and new business solutions, such as mobile financial services, security solutions, and advertising services. The Other segment includes Redbee media that prepares and distributes live and video services for broadcasters, sports leagues, and communications service providers. It operates in North America, Europe and Latin America, the Middle East and Africa, South East Asia, Oceania, India, North East Asia, and internationally. Telefonaktiebolaget LM Ericsson (publ) was founded in 1876 and is headquartered in Stockholm, Sweden.

Earnings Per Share

As for profitability, Ericsson has a trailing twelve months EPS of $-0.75.

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 -22.63%.

Yearly Top and Bottom Value

Ericsson’s stock is valued at $5.32 at 09:15 EST, way under its 52-week high of $6.36 and way higher than its 52-week low of $4.33.

Volatility

Ericsson’s last week, last month’s, and last quarter’s current intraday variation average was a negative 1.15%, a negative 0.71%, and a positive 1.54%.

Ericsson’s highest amplitude of average volatility was 2.43% (last week), 1.74% (last month), and 1.54% (last quarter).

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Apr 4, 2024, the estimated forward annual dividend rate is 0.25 and the estimated forward annual dividend yield is 4.58%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 16.4%, now sitting on 263.35B for the twelve trailing months.

More news about Ericsson.

8. American Electric Power Company (AEP) – Dividend Yield: 4.33%

American Electric Power Company’s last close was $81.36, 15.29% under its 52-week high of $96.05. Intraday change was -0.09%.

American Electric Power Company, Inc., an electric public utility holding company, engages in the generation, transmission, and distribution of electricity for sale to retail and wholesale customers in the United States. It operates through Vertically Integrated Utilities, Transmission and Distribution Utilities, AEP Transmission Holdco, and Generation & Marketing segments. The company generates electricity using coal and lignite, natural gas, renewable, nuclear, hydro, solar, wind, and other energy sources. It also supplies and markets electric power at wholesale to other electric utility companies, rural electric cooperatives, municipalities, and other market participants. The company was incorporated in 1906 and is headquartered in Columbus, Ohio.

Earnings Per Share

As for profitability, American Electric Power Company has a trailing twelve months EPS of $4.36.

PE Ratio

American Electric Power Company has a trailing twelve months price to earnings ratio of 18.64. Meaning, the purchaser of the share is investing $18.64 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 9.06%.

Volume

Today’s last reported volume for American Electric Power Company is 3420160 which is 3.18% below its average volume of 3532620.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Feb 8, 2024, the estimated forward annual dividend rate is 3.52 and the estimated forward annual dividend yield is 4.33%.

Yearly Top and Bottom Value

American Electric Power Company’s stock is valued at $81.29 at 09:15 EST, way under its 52-week high of $96.05 and way above its 52-week low of $69.38.

More news about American Electric Power Company.

9. Restaurant Brands International (QSR) – Dividend Yield: 3.01%

Restaurant Brands International’s last close was $77.19, 3.44% below its 52-week high of $79.94. Intraday change was 1.81%.

Restaurant Brands International Inc. operates as a quick-service restaurant company in Canada, the United States, and internationally. It operates through four segments: Tim Hortons (TH), Burger King (BK), Popeyes Louisiana Kitchen (PLK), and Firehouse Subs (FHS). The company owns and franchises TH chain of donut/coffee/tea restaurants that offer blend coffee, tea, and espresso-based hot and cold specialty drinks; and fresh baked goods, including donuts, Timbits, bagels, muffins, cookies and pastries, grilled paninis, classic sandwiches, wraps, soups, and other food products. It is also involved in owning and franchising BK, a fast-food hamburger restaurant chain, which offers flame-grilled hamburgers, chicken and other specialty sandwiches, French fries, soft drinks, and other food items; and PLK quick service restaurants that provide Louisiana-style fried chicken, chicken tenders, fried shrimp and other seafood, red beans and rice, and other regional items. In addition, the company owns and franchises FHS quick service restaurants that offer meats and cheese, chopped salads, chili and soups, signature and other sides, soft drinks, and local specialties. Restaurant Brands International Inc. was founded in 1954 and is headquartered in Toronto, Canada.

Earnings Per Share

As for profitability, Restaurant Brands International has a trailing twelve months EPS of $3.76.

PE Ratio

Restaurant Brands International has a trailing twelve months price to earnings ratio of 20.59. Meaning, the purchaser of the share is investing $20.59 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 38.19%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Restaurant Brands International’s EBITDA is 56.01.

Moving Average

Restaurant Brands International’s value is above its 50-day moving average of $76.50 and above its 200-day moving average of $72.47.

Growth Estimates Quarters

The company’s growth estimates for the current quarter is 2.8% and a drop 2.7% for the next.

Yearly Top and Bottom Value

Restaurant Brands International’s stock is valued at $77.40 at 09:15 EST, under its 52-week high of $79.94 and way above its 52-week low of $59.99.

More news about Restaurant Brands International.

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