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TriplePoint Venture Growth BDC Corp., Ardmore Shipping Corporation, Another 4 Companies Have A High Estimated Dividend Yield

(VIANEWS) – TriplePoint Venture Growth BDC Corp. (TPVG), Ardmore Shipping Corporation (ASC), Flaherty & Crumrine (FFC) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
TriplePoint Venture Growth BDC Corp. (TPVG) 19.88% 2024-08-10 23:14:05
Ardmore Shipping Corporation (ASC) 8.1% 2024-08-24 07:12:05
Flaherty & Crumrine (FFC) 6.96% 2024-08-25 16:44:06
Amdocs Limited (DOX) 2.34% 2024-08-13 05:11:05
Targa Resources (TRGP) 2.21% 2024-08-11 00:07:09
Rocky Brands (RCKY) 2.18% 2024-08-16 07:23:05

Almost 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. TriplePoint Venture Growth BDC Corp. (TPVG) – Dividend Yield: 19.88%

TriplePoint Venture Growth BDC Corp.’s last close was $7.21, 37.74% below its 52-week high of $11.58. Intraday change was -3.48%.

TriplePoint Venture Growth BDC Corp. is a business development company specializing investments in venture capital-backed companies at the growth stage investments. It also provides debt financing to venture growth space companies which includes growth capital loans, secured and customized loans, equipment financings, revolving loans and direct equity investments. The fund seeks to invest in e-commerce, entertainment, technology and life sciences sector. Within technology the areas of focus include: Security, wireless communication equipments, network system and software, business applications software, conferencing equipments/services .big data, cloud computing, data storage, electronics, energy efficiency, hardware, information services, internet and media, networking, semiconductors, software, software as a service, and other technology related subsectors and within life sciences the areas of focus include: biotechnology, bio fuels/bio mass, diagnostic testing and bioinformatics, drug delivery, drug discovery, healthcare information systems, healthcare services, medical, surgical and therapeutic devices, pharmaceuticals and other life science related subsectors. Within growth capital loans it invests between $5 million and $50 million, for equipment financings it invests between $5 million and $25 million, for revolving loans it invests between $1 million and $25 million, and for direct equity investments it may invest between $0.1 million and $5 million (generally not exceeding 5% of the company's total equity). The debt financing products are typically structured as lines of credit and it invests through warrants and secured loans. It targeted returns between 10% and 18%. It does not take board seat in the company.

Earnings Per Share

As for profitability, TriplePoint Venture Growth BDC Corp. has a trailing twelve months EPS of $-0.32.

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 -10.47%.

More news about TriplePoint Venture Growth BDC Corp..

2. Ardmore Shipping Corporation (ASC) – Dividend Yield: 8.1%

Ardmore Shipping Corporation’s last close was $18.76, 19.97% below its 52-week high of $23.44. Intraday change was 0.7%.

Ardmore Shipping Corporation engages in the seaborne transportation of petroleum products and chemicals worldwide. As of February 15, 2021, the company operated a fleet of 25 double-hulled product and chemical tankers. It serves oil majors, oil companies, oil and chemical traders, chemical companies, and pooling service providers. The company was founded in 2010 and is based in Pembroke, Bermuda.

Earnings Per Share

As for profitability, Ardmore Shipping Corporation has a trailing twelve months EPS of $3.5.

PE Ratio

Ardmore Shipping Corporation has a trailing twelve months price to earnings ratio of 5.36. Meaning, the purchaser of the share is investing $5.36 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 25.12%.

Volume

Today’s last reported volume for Ardmore Shipping Corporation is 307795 which is 52.95% below its average volume of 654235.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Ardmore Shipping Corporation’s stock is considered to be oversold (<=20).

Volatility

Ardmore Shipping Corporation’s last week, last month’s, and last quarter’s current intraday variation average was a positive 0.22%, a negative 0.46%, and a positive 1.79%.

Ardmore Shipping Corporation’s highest amplitude of average volatility was 0.49% (last week), 1.81% (last month), and 1.79% (last quarter).

More news about Ardmore Shipping Corporation.

3. Flaherty & Crumrine (FFC) – Dividend Yield: 6.96%

Flaherty & Crumrine’s last close was $15.47, 1.46% below its 52-week high of $15.70. Intraday change was -0.39%.

Flaherty & Crumrine Preferred Securities Income Fund Inc. is a closed-ended balanced mutual fund launched and managed by Flaherty & Crumrine Incorporated. The fund invests in the public equity and fixed income markets of the United States. It seeks to invest in securities of companies operating across diversified sectors. The fund primarily invests in investment grade preferred securities consisting of hybrid or taxable preferreds. It employs quantitative analysis to create its portfolio. The fund benchmarks the performance of its portfolio against the Merrill Lynch 8% Capped DRD Preferred Stock Index, Merrill Lynch Hybrid Preferred Securities Index, and Merrill Lynch Adjustable Preferred Stock 7% Constrained Index. It was formerly known as Flaherty & Crumrine/Claymore Preferred Securities Income Fund Incorporated. Flaherty & Crumrine Preferred Securities Income Fund Inc. was formed on May 23, 2002 and is domiciled in the United States.

Earnings Per Share

As for profitability, Flaherty & Crumrine has a trailing twelve months EPS of $2.65.

PE Ratio

Flaherty & Crumrine has a trailing twelve months price to earnings ratio of 5.84. Meaning, the purchaser of the share is investing $5.84 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 17.07%.

More news about Flaherty & Crumrine.

4. Amdocs Limited (DOX) – Dividend Yield: 2.34%

Amdocs Limited’s last close was $81.88, 12.93% below its 52-week high of $94.04. Intraday change was -1.37%.

Amdocs Limited, through its subsidiaries, provides software and services worldwide. The company designs, develops, operates, implements, supports, and markets open and modular cloud portfolio. It provides CES21, a 5G and cloud-native microservices-based market-leading customer experience suite, that enables service providers to build, deliver, and monetize advanced services; the Commerce and Care suite for order capture, handling, and customer engagement; the Monetization suite for charging, billing, policy, and revenue management; Intelligent Networking suite with a set of modular, flexible, and open service lifecycle management capabilities for network automation journeys; MarketONE, a cloud-native business ecosystem; Digital Brands Suite, a pre-integrated digital business suite for digital telecom brands and small-scale service providers; and eSIM Cloud for service providers. It also offers AI-powered, cloud-native, and home operating systems; data intelligence solutions and applications; media services for media publishers, TV networks, and video streaming and service providers; end-to-end application development and maintenance services; and ongoing services. In addition, the company provides a line of services designed for various stages of a service provider's lifecycle includes design, delivery, quality engineering, operations, systems integration, mobile network services, consulting, and content services; managed services comprising application development, modernization and maintenance, IT and infrastructure services, testing and professional services that are designed to assist customers in the selection, implementation, operation, management, and maintenance of IT systems. It serves to the communications, cable and satellite, entertainment, and media industry service providers, as well as mobile virtual network operators and directory publishers. Amdocs Limited was founded in 1988 and is headquartered in Saint Louis, Missouri.

Earnings Per Share

As for profitability, Amdocs Limited has a trailing twelve months EPS of $4.35.

PE Ratio

Amdocs Limited has a trailing twelve months price to earnings ratio of 18.82. Meaning, the purchaser of the share is investing $18.82 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 14.22%.

Sales Growth

Amdocs Limited’s sales growth for the current quarter is 1.7%.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is 19.7% and 9%, respectively.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Sep 30, 2024, the estimated forward annual dividend rate is 1.92 and the estimated forward annual dividend yield is 2.34%.

Volume

Today’s last reported volume for Amdocs Limited is 572583 which is 24.97% below its average volume of 763235.

More news about Amdocs Limited.

5. Targa Resources (TRGP) – Dividend Yield: 2.21%

Targa Resources’s last close was $135.69, 2.63% below its 52-week high of $139.35. Intraday change was -0.75%.

Targa Resources Corp., together with its subsidiary, Targa Resources Partners LP, owns, operates, acquires, and develops a portfolio of complementary domestic midstream infrastructure assets in North America. It operates in two segments, Gathering and Processing, and Logistics and Transportation. The company is involved in gathering, compressing, treating, processing, transporting, and selling natural gas; storing, fractionating, treating, transporting, and selling natural gas liquids (NGL) and NGL products, including services to liquefied petroleum gas exporters; and gathering, storing, terminaling, purchasing, and selling crude oil. It is also involved in the purchase and resale of NGL products; and sale of propane, as well as provision of related logistics services to multi-state retailers, independent retailers, and other end-users. In addition, the company offers NGL balancing services; and transportation services to refineries and petrochemical companies in the Gulf Coast area, as well as purchases, markets, and resells natural gas. As of December 31, 2023, it leased and managed approximately 605 railcars; 137 tractors; and 6 vacuum trucks and 2 pressurized NGL barges. Targa Resources Corp. was incorporated in 2005 and is headquartered in Houston, Texas.

Earnings Per Share

As for profitability, Targa Resources has a trailing twelve months EPS of $4.75.

PE Ratio

Targa Resources has a trailing twelve months price to earnings ratio of 28.57. Meaning, the purchaser of the share is investing $28.57 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 29.88%.

More news about Targa Resources.

6. Rocky Brands (RCKY) – Dividend Yield: 2.18%

Rocky Brands’s last close was $28.43, 29.17% under its 52-week high of $40.14. Intraday change was 4.87%.

Rocky Brands, Inc. designs, manufactures, and markets footwear and apparel under the Rocky, Georgia Boot, Durango, Lehigh, Muck, XTRATUF, Servus, NEOS, Ranger, and licensed Michelin brand names in the United States, Canada, and internationally. It operates through Wholesale, Retail, and Contract Manufacturing segments. The Wholesale segment offers products in approximately 10,000 retail locations through a range of distribution channels comprising sporting goods stores, outdoor retailers, independent shoe retailers, hardware stores, catalogs, mass merchants, uniform stores, farm store chains, specialty safety stores, and specialty and online retailers. The Retail segment sells its products directly to consumers through its e-commerce websites, including rockyboots.com, georgiaboot.com, durangoboot.com, lehighoutfitters.com, lehighsafetyshoes.com, slipgrips.com,muckbootcompany.com,xtratuf.com, and Rocky outlet store in Nelsonville, Ohio, and retail stores. The Contract Manufacturing segment include private label sales and any sales to customers which are contracted to manufacture a specific footwear product for a customer and include sales to the U.S. Military. It serves industrial and construction workers, as well as workers in the hospitality industry, such as restaurants or hotels; farmers and ranchers; consumers enamored with western influenced fashion; commercial military personnel; hunting, fishing, camping, and hiking enthusiasts; law enforcement, security personnel, and postal employees; and for the U.S. military personnel. Rocky Brands, Inc. was founded in 1932 and is headquartered in Nelsonville, Ohio.

Earnings Per Share

As for profitability, Rocky Brands has a trailing twelve months EPS of $2.01.

PE Ratio

Rocky Brands has a trailing twelve months price to earnings ratio of 14.14. Meaning, the purchaser of the share is investing $14.14 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 6.83%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 1.6%, now sitting on 462.73M for the twelve trailing months.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Jun 3, 2024, the estimated forward annual dividend rate is 0.62 and the estimated forward annual dividend yield is 2.18%.

Moving Average

Rocky Brands’s worth is way below its 50-day moving average of $34.14 and below its 200-day moving average of $29.73.

Volume

Today’s last reported volume for Rocky Brands is 23435 which is 54.23% below its average volume of 51204.

More news about Rocky Brands.

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