(VIANEWS) – Virtus Global Multi (VGI), Nuveen (JPI), ADTRAN (ADTN) have the highest dividend yield stocks on this list.
| Financial Asset | Forward Dividend Yield | Updated (EST) |
|---|---|---|
| Virtus Global Multi (VGI) | 14.16% | 2024-04-07 23:08:06 |
| Nuveen (JPI) | 7.07% | 2024-04-05 13:44:06 |
| ADTRAN (ADTN) | 6.77% | 2024-04-08 09:09:06 |
| Midland States Bancorp (MSBI) | 5% | 2024-03-31 10:44:06 |
| CubeSmart (CUBE) | 4.49% | 2024-04-04 01:15:06 |
| Synovus Financial Corp. (SNV) | 3.97% | 2024-04-07 07:44:06 |
| Chunghwa Telecom Co. (CHT) | 3.86% | 2024-04-12 15:19:12 |
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: 14.16%
Virtus Global Multi’s last close was $7.61, 4.76% under its 52-week high of $7.99. Intraday change was 0%.
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.
Yearly Top and Bottom Value
Virtus Global Multi’s stock is valued at $7.61 at 10:15 EST, below its 52-week high of $7.99 and way higher than its 52-week low of $6.68.
Moving Average
Virtus Global Multi’s value is above its 50-day moving average of $7.60 and higher than its 200-day moving average of $7.49.
Volume
Today’s last reported volume for Virtus Global Multi is 23119 which is 49.26% below its average volume of 45565.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Nov 10, 2023, the estimated forward annual dividend rate is 0.96 and the estimated forward annual dividend yield is 14.16%.
More news about Virtus Global Multi.
2. Nuveen (JPI) – Dividend Yield: 7.07%
Nuveen’s last close was $19.05, 1.19% under its 52-week high of $19.28. Intraday change was 0%.
Nuveen Preferred and Income Term Fund is a close ended balanced mutual fund launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests into public equity and fixed income markets across the globe. The fund seeks to invest in stocks of companies that are operating in financial services sectors such as bank, insurance, REITs, and utility companies. It primarily invests in preferred securities and other income producing securities including debt securities, hybrid securities, and convertible securities. At least 60% of the fund's assets are rated investment grade i.e. BBB/Baa or better by one of the nationally recognized statistical rating organizations. It employs fundamental and quantitative analysis, with focus a on bottom-up fundamental credit research to create its portfolio. The fund benchmarks the performance of its portfolio against the Bank of America/Merrill Lynch Preferred Stock Fixed Rate Index. Nuveen Preferred and Income Term Fund was founded on July 26, 2012 and is domiciled in the United States.
Earnings Per Share
As for profitability, Nuveen has a trailing twelve months EPS of $-1.78.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Oct 12, 2023, the estimated forward annual dividend rate is 1.18 and the estimated forward annual dividend yield is 7.07%.
Volume
Today’s last reported volume for Nuveen is 26690 which is 49.58% below its average volume of 52940.
More news about Nuveen.
3. ADTRAN (ADTN) – Dividend Yield: 6.77%
ADTRAN’s last close was $5.03, 66.95% below its 52-week high of $15.22. Intraday change was 0.5%.
ADTRAN Holdings, Inc., through its subsidiaries, provides end-to-end fiber networking solutions for communications service provider, enterprises, and government customers in the United States, Germany, the United Kingdom, Mexico, and internationally. It operates through two segments, Network Solutions, and Services & Support. The company offers fiber access and fiber to the node platforms; transceivers, cables, and other miscellaneous materials; passive optical network optical line terminals; fiber to the distribution point Gfast distribution point units; cabinet and outside plant enclosures and services; packet optical transports; fixed wireless access platforms; and network management and subscriber services, and control and orchestration software. It also provides broadband customer premises solutions, ethernet switches and routers, residential gateways, cloud-based software-as-a-service management platforms, virtual wireless local area networks, Internet of Things gateways, pre-sale and post-sale technical support, and multi-gigabit mesh Wi-Fi gateways. In addition, the company offers time division multiplexed and asynchronous transfer mode-based aggregation systems and customer devices; and high-bit-rate and asymmetric digital subscriber line, and other technologies. Further, it provides other access and aggregation, subscriber and experience, and traditional and other products, software, and services. Additionally, the company engages in the provision of planning, engineering, program management, maintenance, installation, and commissioning services to implement customer network solutions; and customer devices solutions into consumer, small business, and enterprise locations. ADTRAN Holdings, Inc. is headquartered in Huntsville, Alabama.
Earnings Per Share
As for profitability, ADTRAN has a trailing twelve months EPS of $-3.41.
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 -22.08%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
ADTRAN’s EBITDA is -41.67.
Moving Average
ADTRAN’s value is way under its 50-day moving average of $6.01 and way under its 200-day moving average of $7.36.
Yearly Top and Bottom Value
ADTRAN’s stock is valued at $5.05 at 10:15 EST, way under its 52-week high of $15.22 and higher than its 52-week low of $4.91.
More news about ADTRAN.
4. Midland States Bancorp (MSBI) – Dividend Yield: 5%
Midland States Bancorp’s last close was $25.13, 11.73% below its 52-week high of $28.47. Intraday change was 1.25%.
Midland States Bancorp, Inc. operates as a financial holding company for Midland States Bank that provides various banking products and services to individuals, businesses, municipalities, and other entities. It operates through Banking, Wealth Management, and Other segments. The company provides a range of financial products and services to consumers and businesses, including commercial loans to finance agricultural equipment and production; and commercial real estate loans for owner occupied offices, warehouses and production facilities, office buildings, hotels, mixed-use residential and commercial facilities, retail centers, multifamily properties, and assisted living facilities. In addition, it offers construction and land development loans, such as real estate investment properties and residential developments, and lesser extent loans; and residential real estate loans, which includes first and second mortgage loans, and home equity lines of credit consisting of loans secured by first or second mortgages on primarily owner occupied primary residences. The company also provides consumer installment loans for the purchase of cars, boats and other recreational vehicles, as well as for the purchase of major appliances and other home improvement projects; and commercial equipment leasing programs for manufacturing, construction, transportation, and healthcare industries. Further, it offers merchant services; deposit products, including checking, time, savings, money market, and certificates of deposit, as well as sweep accounts; letters of credit; and trust and wealth management services, such as financial and estate planning, trustee and custodial, investment management, tax, insurance, and business planning, corporate retirement plan consulting and administration, and retail brokerage services. The company was founded in 1881 and is headquartered in Effingham, Illinois.
Earnings Per Share
As for profitability, Midland States Bancorp has a trailing twelve months EPS of $2.97.
PE Ratio
Midland States Bancorp has a trailing twelve months price to earnings ratio of 8.46. Meaning, the purchaser of the share is investing $8.46 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 9.73%.
Volume
Today’s last reported volume for Midland States Bancorp is 37476 which is 36.07% below its average volume of 58622.
Revenue Growth
Year-on-year quarterly revenue growth declined by 28.3%, now sitting on 281.48M for the twelve trailing months.
Sales Growth
Midland States Bancorp’s sales growth is negative 1.8% for the current quarter and negative 2.3% for the next.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is a negative 15.1% and a negative 15.1%, respectively.
More news about Midland States Bancorp.
5. CubeSmart (CUBE) – Dividend Yield: 4.49%
CubeSmart’s last close was $44.40, 9.26% below its 52-week high of $48.93. Intraday change was -0.34%.
CubeSmart is a self-administered and self-managed real estate investment trust. The Company's self-storage properties are designed to offer affordable, easily accessible and secure storage space for residential and commercial customers. According to the 2020 Self-Storage Almanac, CubeSmart is one of the top three owners and operators of self-storage properties in the United States.
Earnings Per Share
As for profitability, CubeSmart has a trailing twelve months EPS of $1.82.
PE Ratio
CubeSmart has a trailing twelve months price to earnings ratio of 24.4. Meaning, the purchaser of the share is investing $24.4 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 14.27%.
Volume
Today’s last reported volume for CubeSmart is 1653040 which is 8.13% above its average volume of 1528640.
Moving Average
CubeSmart’s worth is above its 50-day moving average of $43.98 and higher than its 200-day moving average of $42.09.
Revenue Growth
Year-on-year quarterly revenue growth grew by 1.7%, now sitting on 1.05B for the twelve trailing months.
More news about CubeSmart.
6. Synovus Financial Corp. (SNV) – Dividend Yield: 3.97%
Synovus Financial Corp.’s last close was $38.25, 6.52% under its 52-week high of $40.92. Intraday change was 0.87%.
Synovus Financial Corp. operates as the bank holding company for Synovus Bank that provides commercial and retail banking products and services. It operates through three segments: Community Banking, Wholesale Banking, and Financial Management Services. The company's commercial banking services include treasury management, asset management, capital market, and institutional trust services, as well as commercial, financial, and real estate loans. Its retail banking services comprise accepting customary types of demand and savings deposits accounts; mortgage, installment, and other consumer loans; investment and brokerage services; safe deposit services; automated banking services; automated fund transfers; Internet-based banking services; and bank credit and debit card services. The company also offers various other financial services, including portfolio management for fixed-income securities, investment banking, execution of securities transactions as a broker/dealer, and financial planning services, as well as provides individual investment advice on equity and other securities. As of December 31, 2020, it operated through 289 branches and 389 ATMs in Alabama, Florida, Georgia, South Carolina, and Tennessee. The company was founded in 1888 and is headquartered in Columbus, Georgia.
Earnings Per Share
As for profitability, Synovus Financial Corp. has a trailing twelve months EPS of $3.46.
PE Ratio
Synovus Financial Corp. has a trailing twelve months price to earnings ratio of 11.05. Meaning, the purchaser of the share is investing $11.05 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 11.27%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is a negative 25.6% and a negative 14.7%, respectively.
More news about Synovus Financial Corp..
7. Chunghwa Telecom Co. (CHT) – Dividend Yield: 3.86%
Chunghwa Telecom Co.’s last close was $38.50, 7.41% under its 52-week high of $41.58. Intraday change was -1.31%.
Chunghwa Telecom Co., Ltd., together with its subsidiaries, provides telecommunication services in Taiwan and internationally. It operates through Consumer Business, Enterprise Business, International Business, and Others segments. The company offers local, domestic long distance, and international long distance fixed-line telephone services; mobile services such as prepaid and postpaid plans; broadband plans; and internet and data services. Chunghwa Telecom Co., Ltd. was incorporated in 1996 and is headquartered in Taipei City, Taiwan.
Earnings Per Share
As for profitability, Chunghwa Telecom Co. has a trailing twelve months EPS of $1.49.
PE Ratio
Chunghwa Telecom Co. has a trailing twelve months price to earnings ratio of 25.84. Meaning, the purchaser of the share is investing $25.84 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 9.63%.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Chunghwa Telecom Co.’s stock is considered to be overbought (>=80).
More news about Chunghwa Telecom Co..
