Two Harbors Investment Corp, Cohen & Steers Select, Another 2 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Two Harbors Investment Corp (TWO), Cohen & Steers Select (PSF), Blackrock Enhanced Equity Dividend Trust (BDJ) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Two Harbors Investment Corp (TWO) 19.22% 2023-05-05 20:07:14
Cohen & Steers Select (PSF) 9.46% 2023-05-04 22:44:08
Blackrock Enhanced Equity Dividend Trust (BDJ) 8.16% 2023-05-19 03:07:06
Delaware Enhanced Global Dividend (DEX) 8.02% 2023-05-19 22:07:11

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. Two Harbors Investment Corp (TWO) – Dividend Yield: 19.22%

Two Harbors Investment Corp’s last close was $11.85, 45.74% below its 52-week high of $21.84. Intraday change was 0.94%.

Two Harbors Investment Corp. operates as a real estate investment trust (REIT) that focuses on investing in, financing, and managing residential mortgage-backed securities (RMBS), mortgage servicing rights, and other financial assets in the United States. Its target assets include agency RMBS collateralized by fixed rate mortgage loans, adjustable rate mortgage loans, and hybrid adjustable-rate mortgage (ARMs); and other assets, such as financial and mortgage-related assets, including non-agency securities and non-hedging transactions. The company qualifies as a REIT for federal income tax purposes. As a REIT, the company must distribute at least 90% of annual taxable income to its stockholders. Two Harbors Investment Corp. was incorporated in 2009 and is headquartered in Minnetonka, Minnesota.

Earnings Per Share

As for profitability, Two Harbors Investment Corp has a trailing twelve months EPS of $-3.04.

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 -9.92%.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Apr 2, 2023, the estimated forward annual dividend rate is 2.4 and the estimated forward annual dividend yield is 19.22%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Two Harbors Investment Corp’s EBITDA is 163.79.

More news about Two Harbors Investment Corp.

2. Cohen & Steers Select (PSF) – Dividend Yield: 9.46%

Cohen & Steers Select’s last close was $16.78, 25.75% under its 52-week high of $22.60. Intraday change was -2.04%.

Cohen & Steers Select Preferred and Income Fund, Inc. is a closed ended fixed income mutual fund launched by Cohen & Steers Inc. It is managed by Cohen & Steers Capital Management, Inc. The fund invests in the fixed income markets across the globe. It also invests some portion of its portfolio in other open-end funds, closed-end funds, or exchange traded funds that invest primarily in preferred and/or debt securities. The fund seeks to invest in traditional preferred securities, hybrid-preferred securities, floating rate preferred securities, corporate debt securities, and convertible securities with maturity of ten years or more. It intends to utilize leverage in an amount up to 33.33% of its managed assets through borrowings. The fund uses fundamental analysis and focuses on factors like issuer's creditworthiness, account prevailing market factors, issuer's corporate and capital structure, and the placement of the preferred or debt securities within that structure. It benchmarks the performance of its portfolio against the BofA Merrill Lynch Fixed Rate Preferred Index, Barclays Capital U.S. Aggregate Bond Index, and a composite benchmark comprising of 50% of the BofA Merrill Lynch US Capital Securities Index and 50% of the BofA Merrill Lynch Fixed Rate Preferred Index. Cohen & Steers Select Preferred and Income Fund, Inc. was formed on August 16, 2010 and is domiciled in the United States.

Earnings Per Share

As for profitability, Cohen & Steers Select has a trailing twelve months EPS of $-3.89.

More news about Cohen & Steers Select.

3. Blackrock Enhanced Equity Dividend Trust (BDJ) – Dividend Yield: 8.16%

Blackrock Enhanced Equity Dividend Trust’s last close was $8.24, 16.26% under its 52-week high of $9.84. Intraday change was 0.24%.

BlackRock Enhanced Equity Dividend Trust is a closed-ended equity mutual fund launched by BlackRock, Inc. The fund is managed by BlackRock Advisors, LLC. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in dividend paying stocks of companies across all market capitalizations. The fund also invests through derivatives, with an emphasis on option writing. It benchmarks the performance of its portfolio against the Russell 1000 Value Index. The fund was formerly known as BlackRock Enhanced Dividend Achievers TM Trust. BlackRock Enhanced Equity Dividend Trust was formed on August 31, 2005 and is domiciled in the United States.

Earnings Per Share

As for profitability, Blackrock Enhanced Equity Dividend Trust has a trailing twelve months EPS of $-0.4.

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 -4.12%.

Yearly Top and Bottom Value

Blackrock Enhanced Equity Dividend Trust’s stock is valued at $8.24 at 10:15 EST, way below its 52-week high of $9.84 and higher than its 52-week low of $8.00.

Moving Average

Blackrock Enhanced Equity Dividend Trust’s value is under its 50-day moving average of $8.42 and below its 200-day moving average of $8.87.

Volume

Today’s last reported volume for Blackrock Enhanced Equity Dividend Trust is 392122 which is 7.32% above its average volume of 365372.

Revenue Growth

Year-on-year quarterly revenue growth grew by 4%, now sitting on 44.89M for the twelve trailing months.

More news about Blackrock Enhanced Equity Dividend Trust.

4. Delaware Enhanced Global Dividend (DEX) – Dividend Yield: 8.02%

Delaware Enhanced Global Dividend’s last close was $8.78, 0% under its 52-week high of $8.78. Intraday change was -0.79%.

Delaware Enhanced Global Dividend and Income Fund is a closed ended balanced mutual fund launched by Delaware Management Holdings, Inc. The fund is managed by Delaware Management Business Trust. It invests in public equity and fixed income markets across the globe. The fund seeks to invest in securities of companies operating across diversified sectors. It primarily invests in dividend paying stocks of large-cap companies. For its fixed income portion, the fund invests in debt securities such as government bonds, investment grade and high risk, high yield corporate bonds, and convertible bonds. It also invests in emerging market securities. The fund benchmarks the performance of its portfolio against the S&P 500 Index, the Lipper Closed-End Global Funds Average, the FTSE EPRA/NAREIT Developed Index, and the BoFA Merrill Lynch U.S. High Yield Constrained Index. Delaware Enhanced Global Dividend and Income Fund was formed on June 29, 2007 and is domiciled in the United States.

Earnings Per Share

As for profitability, Delaware Enhanced Global Dividend has a trailing twelve months EPS of $-1.15.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Feb 22, 2023, the estimated forward annual dividend rate is 0.61 and the estimated forward annual dividend yield is 8.02%.

Volume

Today’s last reported volume for Delaware Enhanced Global Dividend is 31471 which is 9.44% below its average volume of 34755.

Yearly Top and Bottom Value

Delaware Enhanced Global Dividend’s stock is valued at $7.56 at 10:15 EST, way under its 52-week high of $8.78 and way higher than its 52-week low of $6.74.

More news about Delaware Enhanced Global Dividend.

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