Western Asset High Income Fund II, B. Riley Financial, Another 4 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Western Asset High Income Fund II (HIX), B. Riley Financial (RILY), Wintrust Financial Corporation (WTFCM) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Western Asset High Income Fund II (HIX) 11.48% 2023-03-11 01:55:27
B. Riley Financial (RILY) 10.1% 2023-03-07 07:47:17
Wintrust Financial Corporation (WTFCM) 6.44% 2023-03-08 13:13:18
EnLink Midstream, LLC (ENLC) 4.42% 2023-03-10 09:09:11
Summit Financial Group (SMMF) 3.13% 2023-03-01 13:06:10
Sempra Energy (SRE) 2.97% 2023-03-17 14:50:44

Almost 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 High Income Fund II (HIX) – Dividend Yield: 11.48%

Western Asset High Income Fund II’s last close was $5.17, 16.88% under its 52-week high of $6.22. Intraday change was 0.98%.

Western Asset High Income Fund II Inc. is a closed-ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. The fund is co-managed by Western Asset Management Company, Western Asset Management Company Limited, and Western Asset Management Company Pte. Ltd. It invests in the fixed income markets across the globe. The fund invests in securities of companies that operate across diversified sectors. It invests in high yield debt securities issued by U.S., foreign corporations and foreign governments. The fund employs a combination of quantitative and fundamental analysis with bottom-up security selection process to create its portfolio. It benchmarks the performance of its portfolio against Barclays Capital U.S. Corporate High Yield 2% Issuer Cap Index and the JPMorgan Emerging Markets Bond Index Global. Western Asset High Income Fund II, Inc. was formed on May 28, 1998 and is domiciled in the United States.

Earnings Per Share

As for profitability, Western Asset High Income Fund II has a trailing twelve months EPS of $-1.48.

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 -24.7%.

Yearly Top and Bottom Value

Western Asset High Income Fund II’s stock is valued at $5.17 at 03:15 EST, way below its 52-week high of $6.22 and way above its 52-week low of $4.14.

More news about Western Asset High Income Fund II.

2. B. Riley Financial (RILY) – Dividend Yield: 10.1%

B. Riley Financial’s last close was $40.17, 45.05% below its 52-week high of $73.10. Intraday change was -0.4%.

B. Riley Financial, Inc., through its subsidiaries, provides investment banking and financial services to corporate, institutional, and high net worth clients in North America, Australia, and Europe. The company operates in six segments: Capital Markets, Wealth Management, Auction and Liquidation, Financial Consulting, Principal Investments–Communications, and Brands. The Capital Markets segments offers investment banking, corporate finance, financial advisory, research, securities lending and sales, and trading services; merger and acquisitions, restructuring advisory, initial and secondary public offerings, and institutional private placements services; asset management services; and trades in equity securities. The Wealth Management segment provides wealth management and tax services. The Auction and Liquidation Segment offers retail store liquidation, and wholesale and industrial assets disposition services. The Financial Consulting segment provides bankruptcy, forensic accounting, litigation support, operations management and real estate consulting, and valuation and appraisal services. The Principal Investments–Communications segment provides consumer Internet access through United Online under the NetZero and Juno brands; VoIP communication and related products, and subscription services through magicJack; and mobile phone services and devices through Marconi Wireless. The Brands segments provides licensing of a brand investment portfolio, including Catherine Malandrino, English Laundry, Joan Vass, Kensie Girl, Limited Too, and Nanette Lepore. It also offers advisory services; brokerage services; senior secured and second lien secured loans to middle market public and the private U.S. companies; and consulting services. The company was formerly known as Great American Group, Inc. and changed its name to B. Riley Financial, Inc. in November 2014. The company was founded in 1973 and is headquartered in Los Angeles, California.

Earnings Per Share

As for profitability, B. Riley Financial has a trailing twelve months EPS of $20.35.

PE Ratio

B. Riley Financial has a trailing twelve months price to earnings ratio of 1.97. Meaning, the purchaser of the share is investing $1.97 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 negative -2.78%.

More news about B. Riley Financial.

3. Wintrust Financial Corporation (WTFCM) – Dividend Yield: 6.44%

Wintrust Financial Corporation’s last close was $25.45, 4.75% under its 52-week high of $26.72. Intraday change was 0.39%.

Wintrust Financial Corporation operates as a financial holding company in the Chicago metropolitan area, southern Wisconsin, and northwest Indiana. It operates in three segments: Community Banking, Specialty Finance, and Wealth Management. The Community Banking segment offers non-interest bearing deposits, non-brokered interest-bearing transaction accounts, and savings and domestic time deposits; home equity, consumer, and real estate loans; safe deposit facilities; and automatic teller machine (ATM), online and mobile banking, and other services. It also engages in the origination and purchase of residential mortgages for sale into the secondary market; and provision of lending, deposits, and cash management services to condominium, homeowner, and community associations, as well as asset-based lending for middle-market companies. In addition, this segment offers loan and deposit services to mortgage brokerage companies; lending to restaurant franchisees; direct leasing; small business administration loans; commercial mortgages and construction loans; and financial solutions. It provides personal and commercial banking services primarily to individuals, small to mid-sized businesses, local governmental units, and institutional customers. The Specialty Finance segment offers commercial and life insurance premiums financing for businesses and individuals; accounts receivable financing, value-added, and out-sourced administrative services; and other specialty finance services, as well as data processing of payrolls, billing, and cash management services to temporary staffing industry. The Wealth Management segment provides trust and investment, asset management, tax-deferred exchange, securities brokerage, and retirement plan services. As of December 31, 2019, the company had approximately 187 banking facilities and 230 ATMs. Wintrust Financial Corporation was founded in 1991 and is headquartered in Rosemont, Illinois.

Earnings Per Share

As for profitability, Wintrust Financial Corporation has a trailing twelve months EPS of $7.11.

PE Ratio

Wintrust Financial Corporation has a trailing twelve months price to earnings ratio of 3.58. Meaning, the purchaser of the share is investing $3.58 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 10.97%.

Volume

Today’s last reported volume for Wintrust Financial Corporation is 2414 which is 70.01% below its average volume of 8050.

Moving Average

Wintrust Financial Corporation’s worth is higher than its 50-day moving average of $25.26 and higher than its 200-day moving average of $25.00.

Revenue Growth

Year-on-year quarterly revenue growth grew by 18.2%, now sitting on 1.88B for the twelve trailing months.

More news about Wintrust Financial Corporation.

4. EnLink Midstream, LLC (ENLC) – Dividend Yield: 4.42%

EnLink Midstream, LLC’s last close was $11.30, 16.79% under its 52-week high of $13.58. Intraday change was 1.44%.

EnLink Midstream, LLC provides midstream energy services in the United States. It operates through Permian, Louisiana, Oklahoma, North Texas, and Corporate segments. The company is involved in gathering, compressing, treating, processing, transporting, storing, and selling natural gas; fractionating, transporting, storing, and selling natural gas liquids; and stabilizing, trans-loading , and condensate crude oil , as well as providing brine disposal services. Its midstream energy asset network includes approximately 12,100 miles of pipelines; 22 natural gas processing plants;7 fractionators with approximately 320,000 barrels per day; barge and rail terminals; product storage facilities; brine disposal wells; and a crude oil trucking fleet. The company was incorporated in 2013 and is based in Dallas, Texas.

Earnings Per Share

As for profitability, EnLink Midstream, LLC has a trailing twelve months EPS of $0.74.

PE Ratio

EnLink Midstream, LLC has a trailing twelve months price to earnings ratio of 15.27. Meaning, the purchaser of the share is investing $15.27 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 16.97%.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Jan 26, 2023, the estimated forward annual dividend rate is 0.5 and the estimated forward annual dividend yield is 4.42%.

Moving Average

EnLink Midstream, LLC’s worth is under its 50-day moving average of $12.30 and higher than its 200-day moving average of $10.90.

Earnings Before Interest, Taxes, Depreciation, and Amortization

EnLink Midstream, LLC’s EBITDA is 1.06.

Sales Growth

EnLink Midstream, LLC’s sales growth is 5.1% for the ongoing quarter and negative 10.7% for the next.

More news about EnLink Midstream, LLC.

5. Summit Financial Group (SMMF) – Dividend Yield: 3.13%

Summit Financial Group’s last close was $25.47, 17.39% below its 52-week high of $30.83. Intraday change was -0.31%.

Summit Financial Group, Inc. operates as a financial holding company for Summit Community Bank, Inc. that provides community banking and other financial services to individuals and businesses primarily in the Eastern Panhandle, Southern and North Central regions of West Virginia and the Northern, and Shenandoah Valley and Southwestern regions of Virginia, and the Central region of Kentucky. The company's community banking services include demand, savings, and time deposits; commercial, commercial real estate, construction and land development, residential real estate, and consumer loans; and mortgage warehouse lines of credit, as well as trust and wealth management, cash management, and insurance brokerage services. As of December 31, 2020, it operated through 43 banking offices. The company was incorporated in 1987 and is headquartered in Moorefield, West Virginia.

Earnings Per Share

As for profitability, Summit Financial Group has a trailing twelve months EPS of $4.08.

PE Ratio

Summit Financial Group has a trailing twelve months price to earnings ratio of 6.22. Meaning, the purchaser of the share is investing $6.22 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 15.61%.

More news about Summit Financial Group.

6. Sempra Energy (SRE) – Dividend Yield: 2.97%

Sempra Energy’s last close was $145.34, 17.64% below its 52-week high of $176.47. Intraday change was -2.07%.

Sempra operates as an energy-services holding company in the United States and internationally. The company's San Diego Gas & Electric Company segment provides electric services; and supplies natural gas. It offers electric services to approximately 3.6 million population and natural gas services to approximately 3.3 million population that covers 4,100 square miles. Its Southern California Gas Company segment owns and operates a natural gas distribution, transmission, and storage system that supplies natural gas to a population of approximately 22 million covering an area of 24,000 square miles. The company's Sempra Texas Utilities segment engages in the regulated transmission and distribution of electricity serving 3.8 million homes and businesses, and operation of 140,000 miles of transmission and distribution lines. Its transmission system includes 18,249 circuit miles of transmission lines, a total of 1,174 transmission and distribution substations, and interconnection to 130 third-party generation facilities totaling 45,403 megawatts. The company was formerly known as Sempra Energy and changed its name to Sempra in July 2021. Sempra was founded in 1998 and is headquartered in San Diego, California.

Earnings Per Share

As for profitability, Sempra Energy has a trailing twelve months EPS of $12.88.

PE Ratio

Sempra Energy has a trailing twelve months price to earnings ratio of 11.31. Meaning, the purchaser of the share is investing $11.31 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 9.6%.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is a negative 5.6% and a negative 7.6%, respectively.

Volume

Today’s last reported volume for Sempra Energy is 1752540 which is 42.79% above its average volume of 1227350.

Stock Price Classification

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

More news about Sempra Energy.

Leave a Reply

Your email address will not be published. Required fields are marked *