Wells Fargo Advantage Global Dividend Opportunity Fund, PennyMac Mortgage Investment Trust, Another 3 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Wells Fargo Advantage Global Dividend Opportunity Fund (EOD), PennyMac Mortgage Investment Trust (PMT), Babson Capital Participation Investors (MPV) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Wells Fargo Advantage Global Dividend Opportunity Fund (EOD) 11.3% 2024-07-20 21:06:05
PennyMac Mortgage Investment Trust (PMT) 11.03% 2024-07-23 07:08:06
Babson Capital Participation Investors (MPV) 8.79% 2024-07-22 11:15:06
Ericsson (ERIC) 3.7% 2024-08-04 03:13:16
Sunstone Hotel Investors Sunstone Hotel Investors (SHO) 3.43% 2024-07-23 17:11:06

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. Wells Fargo Advantage Global Dividend Opportunity Fund (EOD) – Dividend Yield: 11.3%

Wells Fargo Advantage Global Dividend Opportunity Fund’s last close was $4.93, 2.38% under its 52-week high of $5.05. Intraday change was 0%.

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund is a closed-ended equity mutual fund launched and managed by Wells Fargo Funds Management, LLC. It is co-managed by Crow Point Partners, LLC and Wells Capital Management Incorporated. The fund invests in the public equity markets across the globe. It invests in stocks of companies operating across diversified sectors with an emphasis on utilities, telecom, and energy sectors. The fund primarily invests in dividend paying stocks of companies. Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund was formed on March 28, 2007 and is domiciled in the United States.

Earnings Per Share

As for profitability, Wells Fargo Advantage Global Dividend Opportunity Fund has a trailing twelve months EPS of $1.03.

PE Ratio

Wells Fargo Advantage Global Dividend Opportunity Fund has a trailing twelve months price to earnings ratio of 4.79. Meaning, the purchaser of the share is investing $4.79 for every dollar of annual earnings.

Volume

Today’s last reported volume for Wells Fargo Advantage Global Dividend Opportunity Fund is 76293 which is 29.1% below its average volume of 107611.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Sep 11, 2023, the estimated forward annual dividend rate is 0.45 and the estimated forward annual dividend yield is 11.3%.

Yearly Top and Bottom Value

Wells Fargo Advantage Global Dividend Opportunity Fund’s stock is valued at $4.93 at 17:15 EST, under its 52-week high of $5.05 and way above its 52-week low of $3.73.

Moving Average

Wells Fargo Advantage Global Dividend Opportunity Fund’s worth is higher than its 50-day moving average of $4.86 and way above its 200-day moving average of $4.47.

More news about Wells Fargo Advantage Global Dividend Opportunity Fund.

2. PennyMac Mortgage Investment Trust (PMT) – Dividend Yield: 11.03%

PennyMac Mortgage Investment Trust’s last close was $14.50, 8.75% below its 52-week high of $15.89. Intraday change was 0%.

PennyMac Mortgage Investment Trust, a specialty finance company, primarily invests in mortgage-related assets in the United States. It operates through four segments: Credit Sensitive Strategies, Interest Rate Sensitive Strategies, Correspondent Production, and Corporate. The company's Credit Sensitive Strategies segment invests in credit risk transfer (CRT) agreements, CRT securities, distressed loans, real estate, and non-agency subordinated bonds. Its Interest Rate Sensitive Strategies segment engages in investing in mortgage servicing rights, excess servicing spreads, and agency and senior non-agency mortgage-backed securities (MBS), as well as related interest rate hedging activities. The company's Correspondent Production segment is involved in purchasing, pooling, and reselling newly originated prime credit residential loans directly or in the form of MBS. PNMAC Capital Management, LLC acts as the manager of PennyMac Mortgage Investment Trust. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its shareholders. PennyMac Mortgage Investment Trust was founded in 2009 and is headquartered in Westlake Village, California.

Earnings Per Share

As for profitability, PennyMac Mortgage Investment Trust has a trailing twelve months EPS of $1.52.

PE Ratio

PennyMac Mortgage Investment Trust has a trailing twelve months price to earnings ratio of 9.54. Meaning, the purchaser of the share is investing $9.54 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 9.49%.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Jul 12, 2024, the estimated forward annual dividend rate is 1.6 and the estimated forward annual dividend yield is 11.03%.

Sales Growth

PennyMac Mortgage Investment Trust’s sales growth is negative 15.7% for the present quarter and negative 42.3% for the next.

Volume

Today’s last reported volume for PennyMac Mortgage Investment Trust is 720884 which is 15.88% below its average volume of 856972.

More news about PennyMac Mortgage Investment Trust.

3. Babson Capital Participation Investors (MPV) – Dividend Yield: 8.79%

Babson Capital Participation Investors’s last close was $16.38, 3.48% below its 52-week high of $16.97. Intraday change was -0.46%.

Barings Participation Investors is a closed ended fixed income mutual fund launched and managed by Barings LLC. The fund invests in the fixed income markets of the United States. It primarily invests in below-investment grade, long-term corporate debt obligations which are directly purchased from its issuers. The fund also seeks to invest in warrants, conversion rights, or other equity related instruments. It benchmarks the performance of its portfolio against Standard and Poor's Industrials Composite, Russell 2000 Index, Lehman Brothers U.S. High Yield Index, and Lehman Brothers Intermediate U.S. Credit Index. The fund was formerly known as Babson Capital Participation Investors. Barings Participation Investors was formed on April 7, 1988 and is domiciled in the United States.

Earnings Per Share

As for profitability, Babson Capital Participation Investors has a trailing twelve months EPS of $1.71.

PE Ratio

Babson Capital Participation Investors has a trailing twelve months price to earnings ratio of 9.53. Meaning, the purchaser of the share is investing $9.53 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 11.24%.

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4. Ericsson (ERIC) – Dividend Yield: 3.7%

Ericsson’s last close was $6.74, 3.16% under its 52-week high of $6.96. Intraday change was -2.88%.

Telefonaktiebolaget LM Ericsson (publ), together with its subsidiaries, provides mobile connectivity solutions for telcom operators and enterprise customers in various sectors in North America, Europe, Latin America, the Middle East, Africa, North East Asia, South East Asia, Oceania, and India. It operates in four segments: Networks; Cloud Software and Services; Enterprise; and Other. The Networks segment offers radio access network (RAN) solutions for various network spectrum bands, including purpose-built and open RAN-prepared hardware and software. This segment also provides cloud RAN; transport solutions; passive and active antennas; and a range of service portfolios covering network deployment and support. The Cloud Software and Services segment offers core networks, business and operational support systems, network design and optimization, and managed network services. The Enterprise segment offers a global communications platform, including cloud-based unified communications as a service, contact center as a service, and communications platform as a service; enterprise wireless solutions comprising private wireless networks and wireless wan pre-packaged solutions; and technologies and new business solutions, such as mobile financial services, security solutions, and advertising services. The Other segment includes Redbee media that prepares and distributes live and video services for broadcasters, sports leagues, and communications service providers. It offers its services through wholesalers and distributors. The company was formerly known as Allmanna Telefon AB LM Ericsson and changed its name to Telefonaktiebolaget LM Ericsson (publ) in January 1926. Telefonaktiebolaget LM Ericsson (publ) was founded in 1876 and is headquartered in Stockholm, Sweden.

Earnings Per Share

As for profitability, Ericsson has a trailing twelve months EPS of $-0.75.

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 -33.02%.

Volume

Today’s last reported volume for Ericsson is 14286600 which is 15.42% below its average volume of 16891700.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is 12.5% and 12.5%, respectively.

Sales Growth

Ericsson’s sales growth is negative 4.1% for the ongoing quarter and 3.9% for the next.

Moving Average

Ericsson’s worth is way below its 50-day moving average of $6.29 and way below its 200-day moving average of $5.60.

More news about Ericsson.

5. Sunstone Hotel Investors Sunstone Hotel Investors (SHO) – Dividend Yield: 3.43%

Sunstone Hotel Investors Sunstone Hotel Investors’s last close was $10.51, 9.32% under its 52-week high of $11.59. Intraday change was 0.19%.

Sunstone Hotel Investors, Inc. is a lodging real estate investment trust ("REIT") that as of the date of this release owns 14 hotels comprised of 6,675 rooms, the majority of which are operated under nationally recognized brands. Sunstone's strategy is to create long-term stakeholder value through the acquisition, active ownership, and disposition of well-located hotel and resort real estate.

Earnings Per Share

As for profitability, Sunstone Hotel Investors Sunstone Hotel Investors has a trailing twelve months EPS of $0.9.

PE Ratio

Sunstone Hotel Investors Sunstone Hotel Investors has a trailing twelve months price to earnings ratio of 11.7. Meaning, the purchaser of the share is investing $11.7 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 9.39%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 10.8%, now sitting on 959.7M for the twelve trailing months.

Moving Average

Sunstone Hotel Investors Sunstone Hotel Investors’s worth is higher than its 50-day moving average of $10.27 and higher than its 200-day moving average of $10.39.

Sales Growth

Sunstone Hotel Investors Sunstone Hotel Investors’s sales growth is negative 9.2% for the current quarter and negative 0.2% for the next.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Jun 28, 2024, the estimated forward annual dividend rate is 0.36 and the estimated forward annual dividend yield is 3.43%.

More news about Sunstone Hotel Investors Sunstone Hotel Investors.

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