Western Asset Bond Fund Share Of Beneficial Interest, Hooker Furniture Corporation, Another 3 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Western Asset Bond Fund Share of Beneficial Interest (WEA), Hooker Furniture Corporation (HOFT), First Merchants Corporation (FRME) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Western Asset Bond Fund Share of Beneficial Interest (WEA) 7.54% 2024-01-10 11:07:06
Hooker Furniture Corporation (HOFT) 3.95% 2024-01-13 09:15:05
First Merchants Corporation (FRME) 3.85% 2024-01-12 23:48:06
Mercer International (MERC) 3.11% 2023-12-27 11:48:05
Open Text Corporation (OTEX) 2.35% 2023-12-28 01:42:05

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. Western Asset Bond Fund Share of Beneficial Interest (WEA) – Dividend Yield: 7.54%

Western Asset Bond Fund Share of Beneficial Interest’s last close was $11.14, 5.59% under its 52-week high of $11.80. Intraday change was 0.27%.

Western Asset Premier Bond Fund is a closed-ended fixed income mutual fund launched and managed by Western Asset Management Company. The fund is co-managed by Western Asset Management Company Limited, Western Asset Management Company Pte. Ltd., and Western Asset Management Company Ltd. It invests in the fixed income markets of the United States. The fund primarily invests in investment grade bonds, including corporate bonds, U.S. government and agency securities, and mortgage related securities. It seeks to maintain an average duration of around two to three years with an average credit quality of BBB. The fund benchmarks the performance of its portfolio against the Barclays Capital U.S. Corporate High Yield Index and the Barclays Capital U.S. Credit Index. Western Asset Premier Bond Fund was formed on March 28, 2002 and is domiciled in the United States.

Earnings Per Share

As for profitability, Western Asset Bond Fund Share of Beneficial Interest has a trailing twelve months EPS of $0.6.

PE Ratio

Western Asset Bond Fund Share of Beneficial Interest has a trailing twelve months price to earnings ratio of 18.62. Meaning, the purchaser of the share is investing $18.62 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 5.36%.

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2. Hooker Furniture Corporation (HOFT) – Dividend Yield: 3.95%

Hooker Furniture Corporation’s last close was $23.32, 14.11% under its 52-week high of $27.15. Intraday change was -1.14%.

Hooker Furniture Corporation designs, manufactures, imports, and markets residential household, hospitality, and contract furniture. The company's Hooker Branded segment offers design categories, including home entertainment, home office, accent, dining, and bedroom furniture under the Hooker Furniture brand name; and imported upholstered furniture under the Hooker Upholstery brand. Its Home Meridian segment provides home furnishings under the Accentrics Home brand; a range of bedroom, dining room, accent, and display cabinet, home office, and youth furnishings under the Pulaski Furniture and Samuel Lawrence Furniture brands; and imported leather motion upholstery under the Prime Resources International brand. This segment also designs and supplies hotel furnishings for four and five-star hotels under the Samuel Lawrence Hospitality brand name; and ready-to-assemble furniture to mass marketers and e-commerce customers under the HMidea brand. The company's Domestic Upholstery segment offers motion and stationary leather furniture under the Bradington-Young brand; occasional chairs, settees, sofas, and sectional seating under the Sam Moore Furniture brand; and upholstered furniture, such as private label sectionals, modulars, sofas, chairs, ottomans, benches, beds, and dining chairs for lifestyle specialty retailers under the Shenandoah Furniture brand. It also supplies upholstered seating and casegoods to upscale senior living and assisted living facilities through designers, design firms, industry dealers, and distributors under the H Contract brand; and interior designer products under the Lifestyle Brands name. The company sells home furnishing products through retailers comprising independent furniture stores, department stores, mass merchants, national chains, warehouse clubs, catalog merchants, interior designers, and e-commerce retailers in North America. Hooker Furniture Corporation was incorporated in 1924 and is headquartered in Martinsville, Virginia.

Earnings Per Share

As for profitability, Hooker Furniture Corporation has a trailing twelve months EPS of $-0.68.

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 -3.53%.

Yearly Top and Bottom Value

Hooker Furniture Corporation’s stock is valued at $23.32 at 16:15 EST, way under its 52-week high of $27.15 and way higher than its 52-week low of $14.73.

More news about Hooker Furniture Corporation.

3. First Merchants Corporation (FRME) – Dividend Yield: 3.85%

First Merchants Corporation’s last close was $34.83, 20.79% below its 52-week high of $43.97. Intraday change was -0.99%.

First Merchants Corporation operates as the financial holding company for First Merchants Bank that provides community banking services. It accepts time, savings, and demand deposits; and provides consumer, commercial, agri-business, and real estate mortgage loans, as well as public finance. The company also offers personal and corporate trust; brokerage and private wealth management; and letters of credit, repurchase agreements, and other corporate services. It operates 109 banking locations in Indiana, Illinois, Ohio, and Michigan counties. The company also offers its services through electronic and mobile delivery channels. First Merchants Corporation was founded in 1893 and is headquartered in Muncie, Indiana.

Earnings Per Share

As for profitability, First Merchants Corporation has a trailing twelve months EPS of $4.22.

PE Ratio

First Merchants Corporation has a trailing twelve months price to earnings ratio of 8.25. Meaning, the purchaser of the share is investing $8.25 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 12.61%.

Sales Growth

First Merchants Corporation’s sales growth is negative 4.4% for the ongoing quarter and negative 3% for the next.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Nov 29, 2023, the estimated forward annual dividend rate is 1.34 and the estimated forward annual dividend yield is 3.85%.

Volume

Today’s last reported volume for First Merchants Corporation is 117719 which is 44.57% below its average volume of 212378.

Revenue Growth

Year-on-year quarterly revenue growth declined by 6.3%, now sitting on 665.6M for the twelve trailing months.

More news about First Merchants Corporation.

4. Mercer International (MERC) – Dividend Yield: 3.11%

Mercer International’s last close was $9.65, 27.17% below its 52-week high of $13.25. Intraday change was -0.21%.

Mercer International Inc., together with its subsidiaries, manufactures and sells northern bleached softwood kraft (NBSK) pulp in Europe, the United States, Asia, and internationally. It operates through two segments, Pulp and Wood Products. The company also generates and sells green energy produced from biomass cogeneration power plant to third party utilities. In addition, it manufactures, distributes, and sells lumber and other wood residuals. Further, the company produces NBSK pulp primarily from wood chips, pulp logs, and sawlogs; carbon neutral or green energy using carbon-neutral bio-fuels, such as black liquor and wood waste; and tall oil for use as a chemical additive and green energy source. It sells its pulp to tissue, specialty paper, and printing and writing paper, and other manufacturers; and lumber products to distributors, construction firms, secondary manufacturers, retail yards, and home centers. The company was founded in 1968 and is headquartered in Vancouver, Canada.

Earnings Per Share

As for profitability, Mercer International has a trailing twelve months EPS of $-2.03.

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 -19.46%.

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5. Open Text Corporation (OTEX) – Dividend Yield: 2.35%

Open Text Corporation’s last close was $42.60, 1.5% below its 52-week high of $43.25. Intraday change was 0.38%.

Open Text Corporation engages in the designs, develops, markets, and sells information management software and solutions. It offers content services; business network that manages data within the organization and outside the firewall; security and protection solutions for defending against cyber threats, and preparing for business continuity and response in the event of a breach; digital investigation and forensic security solutions; OpenText security solutions to address information cyber resilience needs; Carbonite and Webroot products; and OpenText Information Management software platform. The company also provides Discovery platform that provides forensics and unstructured data analytics; OpenText Developer Cloud; key developer API services; AI and analytics that leverages structured or unstructured data; digital process automation solutions, which enables organizations to transform into digital data-driven businesses; and OpenText Digital Experience platform. In addition, it offers customer support programs, including access to software upgrades, a knowledge base, discussions, product information, and an online mechanism to post and review trouble tickets; and consulting and learning services relating to the implementation, training, and integration of its licensed product offerings, as well as cloud services. The company serves organizations, enterprise and mid-market companies, public sector agencies, small and medium-sized businesses, and direct consumers in Canada, the United States, the United Kingdom, Germany, rest of Europe, the Middle East, Africa, and internationally. It has strategic partnerships with SAP SE, Google Cloud, Amazon AWS, Microsoft Corporation, Oracle Corporation, Salesforce.com Corporation, Accenture plc, ATOS, Capgemini Technology Services SAS, Cognizant Technology Solutions U.S. Corp., Deloitte Consulting LLP, and Tata Consultancy Services. The company was incorporated in 1991 and is headquartered in Waterloo, Canada.

Earnings Per Share

As for profitability, Open Text Corporation has a trailing twelve months EPS of $1.29.

PE Ratio

Open Text Corporation has a trailing twelve months price to earnings ratio of 33.02. Meaning, the purchaser of the share is investing $33.02 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 8.86%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Open Text Corporation’s EBITDA is 3.89.

Yearly Top and Bottom Value

Open Text Corporation’s stock is valued at $42.60 at 16:15 EST, below its 52-week high of $43.25 and way higher than its 52-week low of $28.02.

Revenue Growth

Year-on-year quarterly revenue growth grew by 67.3%, now sitting on 5.06B for the twelve trailing months.

More news about Open Text Corporation.

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