TORM Plc, CorEnergy Infrastructure Trust, Another 6 Companies Have A High Estimated Dividend Yield

(VIANEWS) – TORM plc (TRMD), CorEnergy Infrastructure Trust (CORR), Global Ship Lease (GSL) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
TORM plc (TRMD) 19.54% 2023-10-25 13:15:05
CorEnergy Infrastructure Trust (CORR) 10.58% 2023-10-27 06:23:06
Global Ship Lease (GSL) 8.45% 2023-10-28 07:43:05
Tekla Healthcare Opportunies Fund Shares of Beneficial Interest (THQ) 8.43% 2023-10-30 22:23:05
Melco Resorts & Entertainment Limited (MLCO) 4.3% 2023-10-23 15:48:06
Dreyfus Municipal Bond Infrastructure Fund (DMB) 3.98% 2023-10-27 12:23:06
Southwest Airlines (LUV) 3.04% 2023-11-07 12:56:30
Evercore Partners (EVR) 2.38% 2023-10-27 21:11:04

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. TORM plc (TRMD) – Dividend Yield: 19.54%

TORM plc’s last close was $30.70, 16.12% under its 52-week high of $36.60. Intraday change was -1.17%.

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 $9.31.

PE Ratio

TORM plc has a trailing twelve months price to earnings ratio of 3.26. Meaning, the purchaser of the share is investing $3.26 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 56.43%.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is a negative 50.6% and a negative 22.7%, respectively.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Aug 27, 2023, the estimated forward annual dividend rate is 6 and the estimated forward annual dividend yield is 19.54%.

Moving Average

TORM plc’s value is way above its 50-day moving average of $26.84 and above its 200-day moving average of $27.92.

More news about TORM plc.

2. CorEnergy Infrastructure Trust (CORR) – Dividend Yield: 10.58%

CorEnergy Infrastructure Trust’s last close was $0.67, 80.75% below its 52-week high of $3.48. Intraday change was -4.24%.

CorEnergy Infrastructure Trust, Inc. (NYSE: CORR, CORRPrA), is a real estate investment trust (REIT) that owns critical energy assets, such as pipelines, storage terminals, and transmission and distribution assets. We receive long-term contracted revenue from customers and operators of our assets, including triple-net participating leases and from long term customer contracts.

Earnings Per Share

As for profitability, CorEnergy Infrastructure Trust has a trailing twelve months EPS of $-2.26.

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 -9.04%.

Volume

Today’s last reported volume for CorEnergy Infrastructure Trust is 33009 which is 24.02% below its average volume of 43450.

Earnings Before Interest, Taxes, Depreciation, and Amortization

CorEnergy Infrastructure Trust’s EBITDA is 101.26.

Revenue Growth

Year-on-year quarterly revenue growth grew by 13.1%, now sitting on 134.25M for the twelve trailing months.

More news about CorEnergy Infrastructure Trust.

3. Global Ship Lease (GSL) – Dividend Yield: 8.45%

Global Ship Lease’s last close was $17.75, 18.69% under its 52-week high of $21.83. Intraday change was -1.28%.

Global Ship Lease, Inc. owns and charters containerships of various sizes under fixed-rate charters to container shipping companies. As of March 10, 2022, it owned 65 mid-sized and smaller containerships with an aggregate capacity of 342,348 twenty-foot equivalent units. The company was founded in 2007 and is based in London, the United Kingdom.

Earnings Per Share

As for profitability, Global Ship Lease has a trailing twelve months EPS of $8.46.

PE Ratio

Global Ship Lease has a trailing twelve months price to earnings ratio of 2.1. Meaning, the purchaser of the share is investing $2.1 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 33.5%.

More news about Global Ship Lease.

4. Tekla Healthcare Opportunies Fund Shares of Beneficial Interest (THQ) – Dividend Yield: 8.43%

Tekla Healthcare Opportunies Fund Shares of Beneficial Interest’s last close was $15.47, 26.4% under its 52-week high of $21.02. Intraday change was 0.91%.

Tekla Healthcare Opportunities Fund is a closed ended balanced mutual fund launched and managed by Tekla Capital Management LLC. The fund invests in public equity and fixed income markets across the globe. It seeks to invest in securities of companies operating in the healthcare sector. The fund also invests in pooled investment vehicles. For its fixed income portion, the fund invests in corporate debt securities across the credit rating spectrum. It benchmarks the performance of its portfolio against the S&P 1500 Healthcare Index and S&P 500 Index. Tekla Healthcare Opportunities Fund was formed on April 2, 2014 and is domiciled in the United States.

Earnings Per Share

As for profitability, Tekla Healthcare Opportunies Fund Shares of Beneficial Interest has a trailing twelve months EPS of $-1.48.

More news about Tekla Healthcare Opportunies Fund Shares of Beneficial Interest.

5. Melco Resorts & Entertainment Limited (MLCO) – Dividend Yield: 4.3%

Melco Resorts & Entertainment Limited’s last close was $8.01, 44.61% below its 52-week high of $14.46. Intraday change was 3.12%.

Melco Resorts & Entertainment Limited develops, owns, and operates casino gaming and resort facilities in Asia and Europe. It owns and operates City of Dreams, an integrated casino resort that has gaming tables and gaming machines; suites and villas; restaurants and bars; retail outlets; a wet stage performance theater; and recreation and leisure facilities, including health and fitness clubs, swimming pools, spas and salons and banquet and meeting facilities. The company also operates Altira Macau, a casino hotel, which has gaming tables and gaming machines; hotel rooms; dining and casual restaurants; recreation and leisure facilities; and non-gaming amenities. In addition, it operates Studio City, a cinematically themed integrated resort with gaming facilities, hotel, entertainment, retail, and food and beverage outlets in Cotai, Macau. Further, the company owns and operates seven Mocha Clubs with gaming machines, as well as Grand Dragon casino in Taipa Island, Macau. Additionally, it operates and manages City of Dreams Manila, an integrated resort in the Entertainment City complex in Manila; a casino in Limassol and satellite casinos in Nicosia, Ayia Napa, and Paphos in Cyprus; and develops and operates City of Dreams Mediterranean, an integrated casino resort in Cyprus. The company was formerly known as Melco Crown Entertainment Limited and changed its name to Melco Resorts & Entertainment Limited in April 2017. The company was incorporated in 2004 and is headquartered in Central, Hong Kong. Melco Resorts & Entertainment Limited is a subsidiary of Melco Leisure and Entertainment Group Limited.

Earnings Per Share

As for profitability, Melco Resorts & Entertainment Limited has a trailing twelve months EPS of $-1.33.

More news about Melco Resorts & Entertainment Limited.

6. Dreyfus Municipal Bond Infrastructure Fund (DMB) – Dividend Yield: 3.98%

Dreyfus Municipal Bond Infrastructure Fund’s last close was $9.04, 23.32% below its 52-week high of $11.79. Intraday change was -0.99%.

BNY Mellon Municipal Bond Infrastructure Fund, Inc. is a closed ended fixed income mutual fund launched and managed by BNY Mellon Investment Adviser, Inc. The fund invests in the fixed income markets of the United States. It primarily invests in the tax-exempt investment grade debt obligations issued by or on behalf of states, territories and possessions of the United States and the District of Columbia and their political subdivisions, agencies and instrumentalities, or multistate agencies or authorities, and certain other specified securities. The fund invests its bonds issued by infrastructure sector including transportation, energy and utilities, social infrastructure, water and environment, and other similar public sectors which are rated as BBB- and above by S&P and Fitch and Baa3 and above by Moody's with an effective duration of up to 14 years. It employs fundamental and quantitative analysis with a bottom-up security picking approach by focusing on factors such as the relative value and attractiveness of various sectors and securities to seek to exploit pricing inefficiencies in the municipal bond market, actively trading among various sectors based on their apparent values, general economic and monetary conditions, prevailing interest rates and the condition of the general money market and the municipal bond market, the size of a particular offering, the maturity of the obligation, and the rating of the issue to create its portfolio. The fund was formerly known as Dreyfus Municipal Bond Infrastructure Fund, Inc. BNY Mellon Municipal Bond Infrastructure Fund, Inc. was formed on April 25, 2013 and is domiciled in the United States.

Earnings Per Share

As for profitability, Dreyfus Municipal Bond Infrastructure Fund has a trailing twelve months EPS of $-1.58.

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 -9.39%.

Volume

Today’s last reported volume for Dreyfus Municipal Bond Infrastructure Fund is 74790 which is 46.21% above its average volume of 51151.

Revenue Growth

Year-on-year quarterly revenue growth declined by 1.3%, now sitting on 15.54M for the twelve trailing months.

Moving Average

Dreyfus Municipal Bond Infrastructure Fund’s worth is way below its 50-day moving average of $10.12 and way under its 200-day moving average of $10.77.

Yearly Top and Bottom Value

Dreyfus Municipal Bond Infrastructure Fund’s stock is valued at $8.95 at 18:15 EST, way under its 52-week high of $11.79 and above its 52-week low of $8.94.

More news about Dreyfus Municipal Bond Infrastructure Fund.

7. Southwest Airlines (LUV) – Dividend Yield: 3.04%

Southwest Airlines’s last close was $23.56, 41.65% below its 52-week high of $40.38. Intraday change was -0.66%.

Southwest Airlines Co. operates as a passenger airline company that provide scheduled air transportation services in the United States and near-international markets. As of December 31, 2022, the company operated a total fleet of 770 Boeing 737 aircrafts; and served 121 destinations in 42 states, the District of Columbia, and the Commonwealth of Puerto Rico, as well as ten near-international countries, including Mexico, Jamaica, the Bahamas, Aruba, the Dominican Republic, Costa Rica, Belize, Cuba, the Cayman Islands, and Turks and Caicos. It also provides inflight entertainment portal and connectivity services on Wi-Fi enabled aircrafts; and Rapid Rewards loyalty program that enables program members to earn points for dollars spent on Southwest base fares. In addition, the company offers a suite of digital platforms to support customers' travel needs, including websites and apps; and SWABIZ, an online booking tool. Further, it provides ancillary services, such as Southwest's EarlyBird Check-In, upgraded boarding, and transportation of pets and unaccompanied minors. The company was incorporated in 1967 and is headquartered in Dallas, Texas.

Earnings Per Share

As for profitability, Southwest Airlines has a trailing twelve months EPS of $0.81.

PE Ratio

Southwest Airlines has a trailing twelve months price to earnings ratio of 28.86. Meaning, the purchaser of the share is investing $28.86 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 4.52%.

Volume

Today’s last reported volume for Southwest Airlines is 1821610 which is 74.25% below its average volume of 7074810.

More news about Southwest Airlines.

8. Evercore Partners (EVR) – Dividend Yield: 2.38%

Evercore Partners’s last close was $126.70, 13.8% under its 52-week high of $146.99. Intraday change was -0.64%.

Evercore Inc., together with its subsidiaries, operates as an independent investment banking advisory firm in the United States, Europe, Latin America, and internationally. It operates through two segments, Investment Banking and Investment Management. The Investment Banking segment offers strategic advisory services, such as mergers and acquisitions, strategic, defense, and shareholder advisory, special committee assignments, and transaction structuring; Capital Markets Advisory, including equity capital markets, restructuring, debt advisory, private placement advisory, market risk management and hedging, private capital advisory, and private funds; and research, sales, and trading professionals services on a content-led platform to its institutional investor clients. The Investment Management segment provides wealth management services to high-net-worth individuals, foundations, and endowments; and manages financial assets for institutional investors. The company was formerly known as Evercore Partners Inc. and changed its name to Evercore Inc. in August 2017. Evercore Inc. was founded in 1995 and is headquartered in New York, New York.

Earnings Per Share

As for profitability, Evercore Partners has a trailing twelve months EPS of $7.77.

PE Ratio

Evercore Partners has a trailing twelve months price to earnings ratio of 16.31. Meaning, the purchaser of the share is investing $16.31 for every dollar of annual earnings.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is a negative 45.9% and a negative 42%, respectively.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Nov 21, 2023, the estimated forward annual dividend rate is 3.04 and the estimated forward annual dividend yield is 2.38%.

Moving Average

Evercore Partners’s value is below its 50-day moving average of $135.73 and above its 200-day moving average of $125.94.

More news about Evercore Partners.

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