Virtus Global Multi, Leggett & Platt, Another 4 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Virtus Global Multi (VGI), Leggett & Platt (LEG), Camden National Corporation (CAC) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Virtus Global Multi (VGI) 12.66% 2023-09-07 16:41:07
Leggett & Platt (LEG) 6.36% 2023-09-08 12:57:20
Camden National Corporation (CAC) 5.25% 2023-09-08 21:15:07
Public Storage (PSA) 4.35% 2023-09-08 12:59:16
Nuveen Dividend Advantage Municipal Fund (NAD) 4.2% 2023-09-05 21:12:06
DineEquity (DIN) 3.72% 2023-09-03 19:08:07

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. Virtus Global Multi (VGI) – Dividend Yield: 12.66%

Virtus Global Multi’s last close was $7.59, 11.74% under its 52-week high of $8.60. Intraday change was -0.4%.

Virtus Global Multi-Sector Income Fund is a closed ended fixed income mutual fund launched by Virtus Investment Partners, Inc. The fund is co-managed by Virtus Investment Advisers, Inc. and Newfleet Asset Management, LLC. It invests in fixed income markets across the globe. The fund invests in both investment grade and high yield debt instruments issued by the government, corporate, bank loans, mortgage-backed securities, asset-backed securities, taxable municipal bonds, and tax-exempt municipal bonds. It invests in securities with average duration which varies within three years (plus or minus) of the duration of the Barclays Global Aggregate Bond Index. The fund employs fundamental analysis with a top-down and bottom-up stock picking approach while focusing on factors such as yield and spreads, supply and demand, investment environment, sector fundamentals, assessment of credit risk, company management, issue structure, technical market conditions, and valuations to create its portfolio. It seeks to benchmark the performance of its portfolio against the Barclays Global Aggregate Bond Index. The fund was formerly known as Virtus-Newfleet Global Multi-Sector Income Fund. Virtus Global Multi-Sector Income Fund was formed on February 23, 2012 and is domiciled in the United States.

Earnings Per Share

As for profitability, Virtus Global Multi has a trailing twelve months EPS of $-0.35.

Volume

Today’s last reported volume for Virtus Global Multi is 37654 which is 10.71% below its average volume of 42174.

Moving Average

Virtus Global Multi’s value is under its 50-day moving average of $7.61 and under its 200-day moving average of $7.78.

Stock Price Classification

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

More news about Virtus Global Multi.

2. Leggett & Platt (LEG) – Dividend Yield: 6.36%

Leggett & Platt’s last close was $26.71, 32.62% below its 52-week high of $39.64. Intraday change was -0.99%.

Leggett & Platt, Incorporated designs, manufactures, and markets engineered components and products worldwide. It operates through three segments: Bedding Products; Specialized Products; and Furniture, Flooring & Textile Products. The company offers steel rods, drawn wires, foam chemicals and additives, innersprings, private label finished mattresses, wire forms for mattress foundations, adjustable beds, industrial sewing and quilting machines, and mattress packaging and glue drying equipment, as well as machines to produce innersprings for industrial users of steel rods and wires, manufacturers of finished bedding, big box and e-commerce retailers, bedding brands and mattress retailers, department stores, and home improvement centers. It also provides mechanical and pneumatic lumbar support and massage systems for automotive seating; seat suspension systems, motors and actuators, and cables; titanium, nickel, and stainless-steel tubing, formed tubes, tube assemblies, and flexible joint components for fluid conveyance systems; and engineered hydraulic cylinders to automobile OEMs and suppliers, aerospace OEMs and suppliers, and mobile equipment OEMs. In addition, the company offers steel mechanisms and motion hardware; springs and seat suspensions; components and private label finished goods for soft seating; bases, columns, back rests, casters, and frames for office chairs; control devices for chairs; and carpet cushion and hard surface flooring underlayment, structural fabrics, and geo components to manufacturers of upholstered and office furniture, flooring retailers and distributors, contractors, landscapers, road construction companies, retailers, government agencies, and mattress and furniture producers, as well as manufacturers of packaging, filtration, and draperies. The company was founded in 1883 and is based in Carthage, Missouri.

Earnings Per Share

As for profitability, Leggett & Platt has a trailing twelve months EPS of $1.7.

PE Ratio

Leggett & Platt has a trailing twelve months price to earnings ratio of 15.63. Meaning, the purchaser of the share is investing $15.63 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 14.13%.

Sales Growth

Leggett & Platt’s sales growth is 0.5% for the present quarter and negative 1.5% for the next.

Yearly Top and Bottom Value

Leggett & Platt’s stock is valued at $26.58 at 03:15 EST, under its 52-week low of $27.22.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Sep 13, 2023, the estimated forward annual dividend rate is 1.8 and the estimated forward annual dividend yield is 6.36%.

More news about Leggett & Platt.

3. Camden National Corporation (CAC) – Dividend Yield: 5.25%

Camden National Corporation’s last close was $31.67, 31.18% below its 52-week high of $46.02. Intraday change was -1.03%.

Camden National Corporation operates as the bank holding company for Camden National Bank that provides various commercial and consumer banking products and services for consumer, institutional, municipal, non-profit, and commercial customers. The company accepts checking, savings, time, and brokered deposits, as well as deposits with the certificate of deposit account registry system. It also offers non-owner-occupied commercial estate loans, owner-occupied commercial real estate loans, unsecured fully-guaranteed commercial loans backed by the U.S. small business administration, loans secured by one-to four-family properties, and consumer and home equity loans. In addition, the company provides brokerage and insurance services through its financial offerings consisting of college, retirement, estate planning, mutual funds, strategic asset management accounts, and variable and fixed annuities. Further, it offers a range of fiduciary and asset management, wealth management, investment management, financial planning, and trustee services. As of December 31, 2021, the company had 57 branches within Maine; one residential mortgage lending office in Braintree, Massachusetts; two locations in New Hampshire, including a branch in Portsmouth and a commercial loan production office in Manchester; and an online residential mortgage and small commercial digital loan platform, as well as 66 ATMs. Camden National Corporation was founded in 1875 and is headquartered in Camden, Maine.

Earnings Per Share

As for profitability, Camden National Corporation has a trailing twelve months EPS of $3.74.

PE Ratio

Camden National Corporation has a trailing twelve months price to earnings ratio of 8.47. Meaning, the purchaser of the share is investing $8.47 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 11.98%.

Sales Growth

Camden National Corporation’s sales growth is negative 14.5% for the ongoing quarter and negative 10.9% for the next.

Revenue Growth

Year-on-year quarterly revenue growth declined by 5.8%, now sitting on 176.14M for the twelve trailing months.

More news about Camden National Corporation.

4. Public Storage (PSA) – Dividend Yield: 4.35%

Public Storage’s last close was $273.66, 20.32% under its 52-week high of $343.47. Intraday change was 0.45%.

Public Storage, a member of the S&P 500 and FT Global 500, is a REIT that primarily acquires, develops, owns, and operates self-storage facilities. At June 30, 2023, we had: (i) interests in 2,888 self-storage facilities located in 40 states with approximately 206 million net rentable square feet in the United States and (ii) a 35% common equity interest in Shurgard Self Storage Limited (Euronext Brussels:SHUR), which owned 266 self-storage facilities located in seven Western European nations with approximately 15 million net rentable square feet operated under the Shurgard brand. Our headquarters are located in Glendale, California.

Earnings Per Share

As for profitability, Public Storage has a trailing twelve months EPS of $23.11.

PE Ratio

Public Storage has a trailing twelve months price to earnings ratio of 11.87. Meaning, the purchaser of the share is investing $11.87 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 42.51%.

More news about Public Storage.

5. Nuveen Dividend Advantage Municipal Fund (NAD) – Dividend Yield: 4.2%

Nuveen Dividend Advantage Municipal Fund’s last close was $10.77, 11.94% below its 52-week high of $12.23. Intraday change was -0.92%.

Nuveen Quality Municipal 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 invests in undervalued municipal securities and other related investments, the income from which is exempt from regular federal income taxes. It seeks to invest in investment grade securities with an average maturity of around 18 years. The fund employs fundamental analysis with a focus on bottom-up stock picking approach to create its portfolio. It benchmarks the performance of its portfolio against Standard & Poor's (S&P). The fund was formerly known as Nuveen Dividend Advantage Municipal Fund. Nuveen Quality Municipal Income Fund was formed on January 15, 1999 and is domiciled in the United States.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 0.07%.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Aug 13, 2023, the estimated forward annual dividend rate is 0.46 and the estimated forward annual dividend yield is 4.2%.

More news about Nuveen Dividend Advantage Municipal Fund.

6. DineEquity (DIN) – Dividend Yield: 3.72%

DineEquity’s last close was $54.82, 33.5% under its 52-week high of $82.43. Intraday change was 0.07%.

Dine Brands Global, Inc., together with its subsidiaries, owns, franchises, operates, and rents full-service restaurants in the United States and internationally. It operates in five segments: Applebee's Franchise Operations, IHOP Franchise Operations, Rental Operations, Financing Operations, and Company-Operated Restaurant Operations. The company owns and franchises two restaurant concepts, including Applebee's Neighborhood Grill + Bar in the bar and grill segment of the casual dining category; and International House of Pancakes (IHOP) in the family dining category of the restaurant industry. Its Applebee's restaurants offer American fare with drinks and drafts; and IHOP restaurants provide full table services, and food and beverage offerings. As of December 31, 2020, the company had 1,642 Applebee's franchised restaurants, and 1,769 IHOP franchised and area licensed restaurants. It is also involved in the lease or sublease of 621 IHOP franchised restaurants and two Applebee's franchised restaurant; and the financing of franchise fees and equipment leases. The company was formerly known as DineEquity, Inc. and changed its name to Dine Brands Global, Inc. in February 2018. Dine Brands Global, Inc. was founded in 1958 and is headquartered in Glendale, California.

Earnings Per Share

As for profitability, DineEquity has a trailing twelve months EPS of $4.97.

PE Ratio

DineEquity has a trailing twelve months price to earnings ratio of 11.03. Meaning, the purchaser of the share is investing $11.03 for every dollar of annual earnings.

Moving Average

DineEquity’s value is below its 50-day moving average of $57.51 and way below its 200-day moving average of $66.23.

Yearly Top and Bottom Value

DineEquity’s stock is valued at $54.82 at 03:15 EST, way under its 52-week high of $82.43 and higher than its 52-week low of $53.52.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Jun 15, 2023, the estimated forward annual dividend rate is 2.04 and the estimated forward annual dividend yield is 3.72%.

Volume

Today’s last reported volume for DineEquity is 172416 which is 25.39% below its average volume of 231111.

More news about DineEquity.

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