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TORM Plc, Invesco Municipal Opportunity Trust, Another 8 Companies Have A High Estimated Dividend Yield

(VIANEWS) – TORM plc (TRMD), Invesco Municipal Opportunity Trust (VMO), BlackRock Resources (BCX) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
TORM plc (TRMD) 17.87% 2024-09-28 04:43:04
Invesco Municipal Opportunity Trust (VMO) 7.25% 2024-09-16 00:23:05
BlackRock Resources (BCX) 7% 2024-09-29 04:44:05
Universal Health Realty Income Trust (UHT) 6.27% 2024-09-15 21:07:05
W.P. Carey REIT (WPC) 5.5% 2024-09-16 03:49:07
Nuveen Multi (JMM) 5.19% 2024-10-01 09:12:04
Lakeland Bancorp (LBAI) 4.32% 2024-09-19 17:06:06
Gladstone Land Corporation (LAND) 3.89% 2024-09-19 16:43:06
California Water Service Group (CWT) 2.09% 2024-09-29 22:23:05
Immersion Corporation (IMMR) 2.05% 2024-09-19 07:46:05

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: 17.87%

TORM plc’s last close was $34.24, 15.39% below its 52-week high of $40.47. Intraday change was -3.17%.

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 $7.81.

PE Ratio

TORM plc has a trailing twelve months price to earnings ratio of 4.38. Meaning, the purchaser of the share is investing $4.38 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 39.46%.

Yearly Top and Bottom Value

TORM plc’s stock is valued at $34.24 at 20:15 EST, way under its 52-week high of $40.47 and way above its 52-week low of $25.28.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, TORM plc’s stock is considered to be overbought (>=80).

Revenue Growth

Year-on-year quarterly revenue growth grew by 13.9%, now sitting on 1.63B for the twelve trailing months.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is 3.5% and 9%, respectively.

More news about TORM plc.

2. Invesco Municipal Opportunity Trust (VMO) – Dividend Yield: 7.25%

Invesco Municipal Opportunity Trust’s last close was $10.34, 0.48% below its 52-week high of $10.39. Intraday change was -0.1%.

Invesco Municipal Opportunity Trust is a closed ended fixed income mutual fund launched by Invesco Ltd. The fund is co-managed by Invesco Advisers, Inc., INVESCO Asset Management (Japan) Limited, INVESCO Asset Management Deutschland GmbH, INVESCO Asset Management Limited, Invesco Canada Ltd., Invesco Hong Kong Limited, and INVESCO Senior Secured Management, Inc. It invests in the fixed income markets of the United States. The fund primarily invests in investment grade municipal securities which include municipal bonds, municipal notes, municipal commercial paper, and lease obligations. It employs fundamental analysis with bottom-up security selection approach to create its portfolio. The fund was formerly known as Invesco Van Kampen Municipal Opportunity Trust. Invesco Municipal Opportunity Trust was formed on April 24, 1992 and is domiciled in the United States.

Earnings Per Share

As for profitability, Invesco Municipal Opportunity Trust has a trailing twelve months EPS of $0.85.

PE Ratio

Invesco Municipal Opportunity Trust has a trailing twelve months price to earnings ratio of 12.16. Meaning, the purchaser of the share is investing $12.16 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 7.84%.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Sep 17, 2024, the estimated forward annual dividend rate is 0.75 and the estimated forward annual dividend yield is 7.25%.

More news about Invesco Municipal Opportunity Trust.

3. BlackRock Resources (BCX) – Dividend Yield: 7%

BlackRock Resources’s last close was $9.57, 0.1% below its 52-week high of $9.58. Intraday change was 1.38%.

Blackrock Resources & Commodities Strategy Trust is a closed-ended equity mutual fund launched by BlackRock, Inc. It is co-managed by BlackRock Advisors, LLC and BlackRock International Limited. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating in the commodities or natural resources sectors. The fund also invests through derivatives with exposure to commodity or natural resources companies, with an emphasis on option writing. Blackrock Resources & Commodities Strategy Trust was formed on March 30, 2011 and is domiciled in the United States.

Earnings Per Share

As for profitability, BlackRock Resources has a trailing twelve months EPS of $0.47.

PE Ratio

BlackRock Resources has a trailing twelve months price to earnings ratio of 20.36. Meaning, the purchaser of the share is investing $20.36 for every dollar of annual earnings.

More news about BlackRock Resources.

4. Universal Health Realty Income Trust (UHT) – Dividend Yield: 6.27%

Universal Health Realty Income Trust’s last close was $46.56, 0.64% below its 52-week high of $46.86. Intraday change was 2.53%.

Universal Health Realty Income Trust, a real estate investment trust, invests in healthcare and human-service related facilities including acute care hospitals, behavioral health care hospitals, specialty facilities, medical/office buildings, free-standing emergency departments and childcare centers. We have investments or commitments in seventy-six properties located in twenty-one states.

Earnings Per Share

As for profitability, Universal Health Realty Income Trust has a trailing twelve months EPS of $1.3.

PE Ratio

Universal Health Realty Income Trust has a trailing twelve months price to earnings ratio of 35.82. Meaning, the purchaser of the share is investing $35.82 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 8.86%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 3.9%, now sitting on 99.64M for the twelve trailing months.

More news about Universal Health Realty Income Trust.

5. W.P. Carey REIT (WPC) – Dividend Yield: 5.5%

W.P. Carey REIT’s last close was $63.28, 6.11% under its 52-week high of $67.40. Intraday change was 1.72%.

Celebrating its 50th anniversary, W. P. Carey ranks among the largest net lease REITs with an enterprise value of approximately $23 billion and a well-diversified portfolio of high-quality, operationally critical commercial real estate, which includes 1,475 net lease properties covering approximately 180 million square feet and a portfolio of 85 self-storage operating properties, as of June 30, 2023. With offices in New York, London, Amsterdam and Dallas, the company remains focused on investing primarily in single-tenant, industrial, warehouse and retail properties located in the U.S. and Northern and Western Europe, under long-term net leases with built-in rent escalations.

Earnings Per Share

As for profitability, W.P. Carey REIT has a trailing twelve months EPS of $2.6.

PE Ratio

W.P. Carey REIT has a trailing twelve months price to earnings ratio of 24.34. Meaning, the purchaser of the share is investing $24.34 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 6.39%.

More news about W.P. Carey REIT.

6. Nuveen Multi (JMM) – Dividend Yield: 5.19%

Nuveen Multi’s last close was $6.36, 1.09% below its 52-week high of $6.43. Intraday change was 1.1%.

Nuveen Multi-Market 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 seeks to invest in securities of companies operating across diversified sectors. It primarily invests in investment grade debt securities such as U.S. agency and privately issued mortgage-backed securities, corporate debt securities, and asset-backed securities. The fund was formerly known as American Income Fund, Inc. Nuveen Multi-Market Income Fund was formed on December 30, 1988 and is domiciled in the United States.

Earnings Per Share

As for profitability, Nuveen Multi has a trailing twelve months EPS of $0.4.

PE Ratio

Nuveen Multi has a trailing twelve months price to earnings ratio of 16.07. Meaning, the purchaser of the share is investing $16.07 for every dollar of annual earnings.

Yearly Top and Bottom Value

Nuveen Multi’s stock is valued at $6.43 at 20:15 EST, way below its 52-week low of $5.29.

Volume

Today’s last reported volume for Nuveen Multi is 1984 which is 61.46% below its average volume of 5149.

Moving Average

Nuveen Multi’s worth is above its 50-day moving average of $6.20 and above its 200-day moving average of $6.01.

Revenue Growth

Year-on-year quarterly revenue growth grew by 1.4%, now sitting on 4.62M for the twelve trailing months.

More news about Nuveen Multi.

7. Lakeland Bancorp (LBAI) – Dividend Yield: 4.32%

Lakeland Bancorp’s last close was $13.43, 16.06% under its 52-week high of $16.00. Intraday change was 1.13%.

Lakeland Bancorp, Inc. operates as the bank holding company for Lakeland Bank that offers various banking products and services for individuals and small to medium sized businesses. It provides commercial banking services, including savings, money market, and time accounts, as well as demand deposits. The company is also involved in lending services, including commercial real estate loans, commercial and industrial loans, short and medium term loans, lines of credit, letters of credit, inventory and accounts receivable financing, real estate construction loans, residential mortgage loans, Small Business Administration loans, and merchant credit card services; financing solutions to small and medium-sized companies; online banking, mobile banking, and wire transfer services; and cash management services, such as remote capture of deposits and overnight sweep repurchase agreements. In addition, the company provides consumer banking services, which include checking accounts, savings accounts, interest-bearing checking accounts, money market accounts, certificates of deposit, online banking, secured and unsecured loans, consumer installment loans, mortgage loans, and safe deposit services. Further, it offers investment advisory services for individuals and businesses; and securities brokerage services, including mutual funds and variable annuities, as well as commercial title insurance services and life insurance products. The company was incorporated in 1989 and is headquartered in Oak Ridge, New Jersey.

Earnings Per Share

As for profitability, Lakeland Bancorp has a trailing twelve months EPS of $1.29.

PE Ratio

Lakeland Bancorp has a trailing twelve months price to earnings ratio of 10.41. Meaning, the purchaser of the share is investing $10.41 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 7.35%.

More news about Lakeland Bancorp.

8. Gladstone Land Corporation (LAND) – Dividend Yield: 3.89%

Gladstone Land Corporation’s last close was $14.43, 6.05% below its 52-week high of $15.36. Intraday change was -0.42%.

Founded in 1997, Gladstone Land is a publicly traded real estate investment trust that acquires and owns farmland and farm-related properties located in major agricultural markets in the U.S. and leases its properties to unrelated third-party farmers. The Company, which reports the aggregate fair value of its farmland holdings on a quarterly basis, currently owns 169 farms, comprised of approximately 116,000 acres in 15 different states and over 45,000 acre-feet of banked water in California, valued at a total of approximately $1.6 billion. Gladstone Land's farms are predominantly located in regions where its tenants are able to grow fresh produce annual row crops, such as berries and vegetables, which are generally planted and harvested annually. The Company also owns farms growing permanent crops, such as almonds, apples, cherries, figs, lemons, olives, pistachios, and other orchards, as well as blueberry groves and vineyards, which are generally planted every 20-plus years and harvested annually. Approximately 40% of the Company's fresh produce acreage is either organic or in transition to become organic, and over 10% of its permanent crop acreage falls into this category. The Company may also acquire property related to farming, such as cooling facilities, processing buildings, packaging facilities, and distribution centers. Gladstone Land pays monthly distributions to its stockholders and has paid 129 consecutive monthly cash distributions on its common stock since its initial public offering in January 2013. The Company has increased its common distributions 32 times over the prior 35 quarters, and the current per-share distribution on its common stock is $0.0464 per month, or $0.5568 per year.

Earnings Per Share

As for profitability, Gladstone Land Corporation has a trailing twelve months EPS of $-0.19.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 2.45%.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Sep 20, 2024, the estimated forward annual dividend rate is 0.56 and the estimated forward annual dividend yield is 3.89%.

More news about Gladstone Land Corporation.

9. California Water Service Group (CWT) – Dividend Yield: 2.09%

California Water Service Group’s last close was $53.49, 4.91% below its 52-week high of $56.25. Intraday change was 1.6%.

California Water Service Group, through its subsidiaries, provides water utility and other related services in California, Washington, New Mexico, and Hawaii. It is involved in the production, purchase, storage, treatment, testing, distribution, and sale of water for domestic, industrial, public, and irrigation uses, as well as for fire protection. The company offers its services to approximately 492,600 customer connections in 100 California communities; approximately 5,300 water and wastewater customer connections on the islands of Maui and Hawaii; approximately 36,600 customer connections in the Tacoma, Olympia, Graham, Spanaway, Puyallup, and Gig Harbor areas; and approximately 8,500 water and wastewater customer connections in the Belen, Los Lunas, Indian Hills, and Elephant Butte areas in New Mexico. It also engages in the provision of non-regulated water-related services, including operating of municipally owned water systems, privately owned water, and recycled water distribution systems; water system operation, meter reading, and billing services to private companies and municipalities; leasing of communication antenna sites on its properties to telecommunication companies; and billing of optional third-party insurance programs to its residential customers, as well as provides lab services. In addition, the company offers wastewater collection and treatment services. California Water Service Group was founded in 1926 and is headquartered in San Jose, California.

Earnings Per Share

As for profitability, California Water Service Group has a trailing twelve months EPS of $3.04.

PE Ratio

California Water Service Group has a trailing twelve months price to earnings ratio of 17.6. Meaning, the purchaser of the share is investing $17.6 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 11.85%.

Volume

Today’s last reported volume for California Water Service Group is 255890 which is 13.19% below its average volume of 294787.

More news about California Water Service Group.

10. Immersion Corporation (IMMR) – Dividend Yield: 2.05%

Immersion Corporation’s last close was $8.78, 37.02% under its 52-week high of $13.94. Intraday change was -1.01%.

Immersion Corporation, together with its subsidiaries, creates, designs, develop, and licenses haptic technologies that allow people to use their sense of touch to engage with and experience various digital products in North America, Europe, and Asia. The company provides technology, patent, and combined licenses. It also provides software development kits (SDKs) comprising tools, integration software, and effect libraries that allow for the design, encoding, and playback of tactile effects. In addition, the company offers reference designs and reference technology, engineering and integration services, and software and firmware services. It serves mobile communications, wearables, and consumer electronics; gaming and virtual reality (VR); automotive; and other markets. Immersion Corporation was incorporated in 1993 and is headquartered in Aventura, Florida.

Earnings Per Share

As for profitability, Immersion Corporation has a trailing twelve months EPS of $1.8.

PE Ratio

Immersion Corporation has a trailing twelve months price to earnings ratio of 4.88. Meaning, the purchaser of the share is investing $4.88 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 19.55%.

Sales Growth

Immersion Corporation’s sales growth is 1751.2% for the current quarter and 923.2% for the next.

Yearly Top and Bottom Value

Immersion Corporation’s stock is valued at $8.78 at 20:15 EST, way under its 52-week high of $13.94 and way above its 52-week low of $5.94.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is 21.4% and 100%, respectively.

Revenue Growth

Year-on-year quarterly revenue growth grew by 1323.8%, now sitting on 163.13M for the twelve trailing months.

More news about Immersion Corporation.

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