Western Asset High Income Opportunity Fund, Macerich Company, Another 2 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Western Asset High Income Opportunity Fund (HIO), Macerich Company (MAC), Camden National Corporation (CAC) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Western Asset High Income Opportunity Fund (HIO) 9.47% 2023-05-03 01:44:07
Macerich Company (MAC) 6.66% 2023-05-03 19:12:08
Camden National Corporation (CAC) 5.55% 2023-05-07 03:14:06
Consolidated Edison (ED) 3.26% 2023-05-14 03:17:17

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 Opportunity Fund (HIO) – Dividend Yield: 9.47%

Western Asset High Income Opportunity Fund’s last close was $3.79, 12.27% below its 52-week high of $4.32. Intraday change was -0.79%.

Western Asset High Income Opportunity Fund Inc. is a closed ended fixed-income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. It is co-managed by Western Asset Management Company and Western Asset Management Company Limited. The fund invests in the fixed income markets of the United States. It seeks to invest in high-yielding corporate debt obligations. The fund seeks to maintain an average duration of around four years with an average credit quality of B. It benchmarks the performance of its portfolio against the Barclays Capital U.S. Corporate High Yield 2% Issuer Cap Index. The fund was formerly known as High Income Opportunity Fund. Western Asset High Income Opportunity Fund Inc. was formed on November 16, 1993 and is domiciled in the United States.

Earnings Per Share

As for profitability, Western Asset High Income Opportunity Fund has a trailing twelve months EPS of $-0.86.

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 -17.9%.

Moving Average

Western Asset High Income Opportunity Fund’s value is under its 50-day moving average of $3.87 and under its 200-day moving average of $3.94.

Volume

Today’s last reported volume for Western Asset High Income Opportunity Fund is 211958 which is 22.9% below its average volume of 274913.

More news about Western Asset High Income Opportunity Fund.

2. Macerich Company (MAC) – Dividend Yield: 6.66%

Macerich Company’s last close was $10.25, 29.36% under its 52-week high of $14.51. Intraday change was 0.39%.

Macerich is a fully integrated, self-managed and self-administered real estate investment trust, which focuses on the acquisition, leasing, management, development and redevelopment of regional malls throughout the United States. Macerich currently owns 51 million square feet of real estate consisting primarily of interests in 47 regional shopping centers. Macerich specializes in successful retail properties in many of the country's most attractive, densely populated markets with significant presence in the West Coast, Arizona, Chicago and the Metro New York to Washington, DC corridor. A recognized leader in sustainability, Macerich has achieved the #1 GRESB ranking in the North American Retail Sector for five straight years (2015 – 2019).

Earnings Per Share

As for profitability, Macerich Company has a trailing twelve months EPS of $-0.31.

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 -2.13%.

Volume

Today’s last reported volume for Macerich Company is 3280360 which is 72.96% above its average volume of 1896510.

Growth Estimates Quarters

The company’s growth estimates for the current quarter is 58.8% and a drop 14.3% for the next.

More news about Macerich Company.

3. Camden National Corporation (CAC) – Dividend Yield: 5.55%

Camden National Corporation’s last close was $30.28, 38.33% under its 52-week high of $49.10. Intraday change was 4.49%.

Camden National Corporation operates as the bank holding company for Camden National Bank that provides various commercial and consumer banking products and services for consumer, institutional, municipal, non-profit, and commercial customers. The company accepts checking, savings, time, and brokered deposits, as well as deposits with the certificate of deposit account registry system. It also offers non-owner-occupied commercial estate loans, owner-occupied commercial real estate loans, unsecured fully-guaranteed commercial loans backed by the U.S. small business administration, loans secured by one-to four-family properties, and consumer and home equity loans. In addition, the company provides brokerage and insurance services through its financial offerings consisting of college, retirement, estate planning, mutual funds, strategic asset management accounts, and variable and fixed annuities. Further, it offers a range of fiduciary and asset management, wealth management, investment management, financial planning, and trustee services. As of December 31, 2021, the company had 57 branches within Maine; one residential mortgage lending office in Braintree, Massachusetts; two locations in New Hampshire, including a branch in Portsmouth and a commercial loan production office in Manchester; and an online residential mortgage and small commercial digital loan platform, as well as 66 ATMs. Camden National Corporation was founded in 1875 and is headquartered in Camden, Maine.

Earnings Per Share

As for profitability, Camden National Corporation has a trailing twelve months EPS of $3.91.

PE Ratio

Camden National Corporation has a trailing twelve months price to earnings ratio of 7.74. Meaning, the purchaser of the share is investing $7.74 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 12.11%.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Apr 12, 2023, the estimated forward annual dividend rate is 1.68 and the estimated forward annual dividend yield is 5.55%.

More news about Camden National Corporation.

4. Consolidated Edison (ED) – Dividend Yield: 3.26%

Consolidated Edison’s last close was $99.52, 2.63% under its 52-week high of $102.21. Intraday change was 0.09%.

Consolidated Edison, Inc., through its subsidiaries, engages in the regulated electric, gas, and steam delivery businesses in the United States. It offers electric services to approximately 3.6 million customers in New York City and Westchester County; gas to approximately 1.1 million customers in Manhattan, the Bronx, parts of Queens, and Westchester County; and steam to approximately 1,530 customers in parts of Manhattan. The company also supplies electricity to approximately 0.3 million customers in southeastern New York and northern New Jersey; and gas to approximately 0.1 million customers in southeastern New York. In addition, it operates 543 circuit miles of transmission lines; 15 transmission substations; 63 distribution substations; 87,951 in-service line transformers; 3,869 pole miles of overhead distribution lines; and 2,320 miles of underground distribution lines, as well as 4,359 miles of mains and 377,741 service lines for natural gas distribution. Further, the company owns, develops, and operates renewable and energy infrastructure projects; and provides energy-related products and services to wholesale and retail customers, as well as invests in electric and gas transmission projects. It primarily sells electricity to industrial, commercial, residential, and government customers. Consolidated Edison, Inc. was founded in 1823 and is based in New York, New York.

Earnings Per Share

As for profitability, Consolidated Edison has a trailing twelve months EPS of $7.01.

PE Ratio

Consolidated Edison has a trailing twelve months price to earnings ratio of 14.13. Meaning, the purchaser of the share is investing $14.13 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 11.94%.

Volume

Today’s last reported volume for Consolidated Edison is 328379 which is 82.29% below its average volume of 1854810.

Revenue Growth

Year-on-year quarterly revenue growth grew by 8.4%, now sitting on 16.01B for the twelve trailing months.

Yearly Top and Bottom Value

Consolidated Edison’s stock is valued at $99.05 at 20:15 EST, below its 52-week high of $102.21 and way higher than its 52-week low of $78.10.

Volatility

Consolidated Edison’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.08%, a negative 0.01%, and a positive 0.95%.

Consolidated Edison’s highest amplitude of average volatility was 0.46% (last week), 0.67% (last month), and 0.95% (last quarter).

More news about Consolidated Edison.

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