Western Asset Bond Fund Share Of Beneficial Interest, PIMCO Municipal Income Fund, Another 2 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Western Asset Bond Fund Share of Beneficial Interest (WEA), PIMCO Municipal Income Fund (PMF), Lamar Advertising Company (LAMR) 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) 7.69% 2024-08-11 07:46:05
PIMCO Municipal Income Fund (PMF) 5.42% 2024-08-10 05:12:05
Lamar Advertising Company (LAMR) 4.41% 2024-08-14 19:48:05
Iridium Communications (IRDM) 2.09% 2024-08-14 13:43:07

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. Western Asset Bond Fund Share of Beneficial Interest (WEA) – Dividend Yield: 7.69%

Western Asset Bond Fund Share of Beneficial Interest’s last close was $10.93, 3.19% below its 52-week high of $11.29. Intraday change was 0.64%.

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 $1.04.

PE Ratio

Western Asset Bond Fund Share of Beneficial Interest has a trailing twelve months price to earnings ratio of 10.51. Meaning, the purchaser of the share is investing $10.51 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 9.21%.

Moving Average

Western Asset Bond Fund Share of Beneficial Interest’s value is above its 50-day moving average of $10.68 and higher than its 200-day moving average of $10.71.

Volume

Today’s last reported volume for Western Asset Bond Fund Share of Beneficial Interest is 22882 which is 29.97% below its average volume of 32675.

More news about Western Asset Bond Fund Share of Beneficial Interest.

2. PIMCO Municipal Income Fund (PMF) – Dividend Yield: 5.42%

PIMCO Municipal Income Fund’s last close was $9.30, 4.42% under its 52-week high of $9.73. Intraday change was -0.59%.

PIMCO Municipal Income Fund is a closed ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. It is co-managed by Pacific Investment Management Company LLC. The fund invests in the fixed income markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in investment grade municipal bonds. It employs fundamental analysis with a top down stock picking approach to create its portfolio. It conducts in house research using proprietary models. PIMCO Municipal Income Fund was formed on June 29, 2001 and is domiciled in the United States.

Earnings Per Share

As for profitability, PIMCO Municipal Income Fund has a trailing twelve months EPS of $0.67.

PE Ratio

PIMCO Municipal Income Fund has a trailing twelve months price to earnings ratio of 13.89. Meaning, the purchaser of the share is investing $13.89 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 6.7%.

More news about PIMCO Municipal Income Fund.

3. Lamar Advertising Company (LAMR) – Dividend Yield: 4.41%

Lamar Advertising Company’s last close was $118.13, 4.15% below its 52-week high of $123.25. Intraday change was 0.28%.

Lamar Advertising Company operates as an outdoor advertising company in North America. It operates approximately 363,000 displays across the United States and Canada. It offers advertisers a range of billboard, interstate logo, transit, and airport advertising formats helping local businesses and national brands. The company was founded in 1902 and is based in Baton Rouge, Louisiana.

Earnings Per Share

As for profitability, Lamar Advertising Company has a trailing twelve months EPS of $4.94.

PE Ratio

Lamar Advertising Company has a trailing twelve months price to earnings ratio of 23.91. Meaning, the purchaser of the share is investing $23.91 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 42.71%.

More news about Lamar Advertising Company.

4. Iridium Communications (IRDM) – Dividend Yield: 2.09%

Iridium Communications’s last close was $26.85, 47.99% below its 52-week high of $51.62. Intraday change was 0.07%.

Iridium Communications Inc. provides mobile voice and data communications services and products to businesses, the United States and international governments, non-governmental organizations, and consumers worldwide. The company offers postpaid mobile voice and data satellite communications; prepaid mobile voice satellite communications; push-to-talk; broadband data; and Internet of Things (IoT) services. It also provides hosted payload and other data services, such as satellite time and location services; and inbound connections from the public switched telephone network, short message, subscriber identity module, activation, customer reactivation, and other peripheral services. In addition, the company offers voice and data solutions comprising personnel tracking devices; asset tracking devices for equipment, vehicles, and aircrafts; beyond-line-of-sight aircraft communications applications; maritime communications applications; specialized communications solutions for high-value individuals; mobile communications and data devices for the military and intelligence agencies, such as secure satellite handsets, as well as netted voice, messaging, and paging services; and maintenance services for the United States government's dedicated gateway. Further, it provides satellite handsets, voice and data modems, broadband data devices, and IoT data devices; various accessories for its devices that include batteries, holsters, earbud headphones, portable auxiliary antennas, antenna adaptors, USB data cables, charging units, and others; and engineering and support services. Iridium Communications Inc. sells its products and services to commercial end users through a wholesale distribution network that include service providers, and value-added resellers and manufacturers. The company was formerly known as Iridium Holdings LLC and changed its name to Iridium Communications Inc. in September 2009. Iridium Communications Inc. is headquartered in McLean, Virginia.

Earnings Per Share

As for profitability, Iridium Communications has a trailing twelve months EPS of $0.71.

PE Ratio

Iridium Communications has a trailing twelve months price to earnings ratio of 37.85. Meaning, the purchaser of the share is investing $37.85 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 9.89%.

Volume

Today’s last reported volume for Iridium Communications is 1284230 which is 31.51% above its average volume of 976482.

Yearly Top and Bottom Value

Iridium Communications’s stock is valued at $26.87 at 10:15 EST, way below its 52-week high of $51.62 and way above its 52-week low of $24.14.

Sales Growth

Iridium Communications’s sales growth is 4.3% for the present quarter and 4% for the next.

More news about Iridium Communications.

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