Western Asset High Income Opportunity Fund, Valley National Bancorp, Another 3 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Western Asset High Income Opportunity Fund (HIO), Valley National Bancorp (VLYPO), UMH Properties (UMH) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Western Asset High Income Opportunity Fund (HIO) 10.68% 2024-03-18 04:17:05
Valley National Bancorp (VLYPO) 10.37% 2024-03-15 15:47:06
UMH Properties (UMH) 5.17% 2024-03-03 04:07:09
Best Buy Co. (BBY) 4.78% 2024-03-19 15:18:46
Sealed Air Corporation (SEE) 2.3% 2024-03-02 13:42:06

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 High Income Opportunity Fund (HIO) – Dividend Yield: 10.68%

Western Asset High Income Opportunity Fund’s last close was $3.99, 0.99% below its 52-week high of $4.03. Intraday change was -0.25%.

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 $0.3.

PE Ratio

Western Asset High Income Opportunity Fund has a trailing twelve months price to earnings ratio of 13.3. Meaning, the purchaser of the share is investing $13.3 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 7.06%.

Volume

Today’s last reported volume for Western Asset High Income Opportunity Fund is 237337 which is 23.12% below its average volume of 308730.

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2. Valley National Bancorp (VLYPO) – Dividend Yield: 10.37%

Valley National Bancorp’s last close was $22.10, 10.24% under its 52-week high of $24.62. Intraday change was 1.58%.

Valley National Bancorp operates as the holding company for the Valley National Bank that provides commercial, retail, insurance, and wealth management financial services. The company operates through Commercial Lending, Consumer Lending, and Investment Management segments. Its deposit products include non-interest bearing, savings, NOW, and money market accounts, as well as certificates of deposit. The company offers various loan products comprising residential mortgage loans, automobile loans, secured personal lines of credit, and home equity loans; and floating rate and adjustable rate commercial and industrial loans, as well as fixed rate owner occupied and commercial real estate loans. It also invests in securities and interest-bearing deposits with other banks; and offers international banking services, such as standby letters of credit, documentary letters of credit and related products, and other ancillary services, such as foreign exchange transactions, documentary collections, foreign wire transfers, and transaction accounts for non-resident aliens. In addition, the company provides asset management advisory, trust, and asset-based lending support services; property and casualty, life, health, and title insurance agency services; and health care equipment lending and other commercial equipment leasing services, as well as real estate related investments. Further, it offers other banking services comprising automated teller machine, telephone and Internet banking, remote deposit capturing, overdraft, drive-in and night deposit, and safe deposit services. The company operates 238 branches in New Jersey, New York, Florida, and Alabama. Valley National Bancorp was founded in 1927 and is based in New York, New York.

Earnings Per Share

As for profitability, Valley National Bancorp has a trailing twelve months EPS of $1.11.

PE Ratio

Valley National Bancorp has a trailing twelve months price to earnings ratio of 20.27. Meaning, the purchaser of the share is investing $20.27 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 7.61%.

Moving Average

Valley National Bancorp’s worth is below its 50-day moving average of $23.11 and below its 200-day moving average of $23.01.

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3. UMH Properties (UMH) – Dividend Yield: 5.17%

UMH Properties’s last close was $15.86, 5.88% under its 52-week high of $16.85. Intraday change was 2.99%.

UMH Properties, Inc., which was organized in 1968, is a public equity REIT that owns and operates 135 manufactured home communities containing approximately 25,700 developed homesites. These communities are located in New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana, Maryland, Michigan, Alabama, South Carolina and Georgia. UMH also has an ownership interest in and operates two communities in Florida, containing 363 sites, through its joint venture with Nuveen Real Estate.

Earnings Per Share

As for profitability, UMH Properties has a trailing twelve months EPS of $-0.24.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 1.25%.

Yearly Top and Bottom Value

UMH Properties’s stock is valued at $15.86 at 03:15 EST, under its 52-week high of $16.85 and way above its 52-week low of $13.26.

Earnings Before Interest, Taxes, Depreciation, and Amortization

UMH Properties’s EBITDA is 89.9.

Moving Average

UMH Properties’s worth is higher than its 50-day moving average of $15.04 and above its 200-day moving average of $15.06.

Volume

Today’s last reported volume for UMH Properties is 660806 which is 60.2% above its average volume of 412486.

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4. Best Buy Co. (BBY) – Dividend Yield: 4.78%

Best Buy Co.’s last close was $78.23, 9.15% below its 52-week high of $86.11. Intraday change was 1.43%.

Best Buy Co., Inc. engages in the retail of technology products in the United States, Canada, and international. Its stores provide computing and mobile phone products, such as desktops, notebooks, and peripherals; mobile phones comprising related mobile network carrier commissions; networking products; tablets covering e-readers; smartwatches; and consumer electronics consisting of digital imaging, health and fitness products, portable audio comprising headphones and portable speakers, and smart home products, as well as home theaters, which includes home theater accessories, soundbars, and televisions. The company's stores also offer appliances, such as dishwashers, laundry, ovens, refrigerators, blenders, coffee makers, vacuums, and personal care; entertainment products consisting of drones, peripherals, movies, and toys, as well as hardware and software, and virtual reality and other software products; and other products, such as baby, food and beverage, luggage, outdoor living, and sporting goods. In addition, it provides delivery, installation, memberships, repair, set-up, technical support, health-related, and warranty-related services. The company offers its products through stores and websites under the Best Buy, Best Buy Ads, Best Buy Business, Best Buy Health, Buy Mobile, CST, Current Health, Geek Squad, Lively, Magnolia, Pacific Kitchen, Home, TechLiquidators, and Yardbird brands, as well as domain names comprising bestbuy.com, currenthealth.com, lively.com, techliquidators.com, yardbird.com, and bestbuy.ca. The company was formerly known as Sound of Music, Inc. Best Buy Co., Inc. was incorporated in 1966 and is headquartered in Richfield, Minnesota.

Earnings Per Share

As for profitability, Best Buy Co. has a trailing twelve months EPS of $5.68.

PE Ratio

Best Buy Co. has a trailing twelve months price to earnings ratio of 13.77. Meaning, the purchaser of the share is investing $13.77 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 42.44%.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Best Buy Co.’s stock is considered to be overbought (>=80).

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5. Sealed Air Corporation (SEE) – Dividend Yield: 2.3%

Sealed Air Corporation’s last close was $34.76, 29.26% under its 52-week high of $49.14. Intraday change was -0.32%.

Sealed Air Corporation provides packaging solutions in the Americas, Europe, the Middle East, Africa, Asia, Australia, and NewZealand. It operates through two segments, Food and Protective. The Food segment offers integrated packaging materials and automation equipment solutions to provide food safety and shelf life extension, reduce food waste, automate processes, and optimize total cost for food processors in the fresh red meat, smoked and processed meats, poultry, seafood, plant-based, and dairy markets under the CRYOVAC, CRYOVAC Grip & Tear, CRYOVAC Darfresh, Simple Steps, and Optidure brands. This segment sells its solutions directly to customers through its sales, marketing, and customer service personnel. The Protective segment provides foam, inflatable, suspension and retention, temperature assurance packaging solutions to protect goods to e-commerce, consumer goods, pharmaceutical and medical devices, and industrial manufacturing markets under the SEALED AIR, BUBBLE WRAP, AUTOBAG, SEALED AIR, AUTOBAG, Instapak, Korrvu, Kevothermal, and TempGuard brands. This segment sells its solutions through supply distributors, as well as directly to fabricators, original equipment manufacturers, contract manufacturers, logistics partners, and e-commerce/fulfillment operations. Sealed Air Corporation was incorporated in 1960 and is headquartered in Charlotte, North Carolina.

Earnings Per Share

As for profitability, Sealed Air Corporation has a trailing twelve months EPS of $2.34.

PE Ratio

Sealed Air Corporation has a trailing twelve months price to earnings ratio of 14.85. Meaning, the purchaser of the share is investing $14.85 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 75.94%.

Yearly Top and Bottom Value

Sealed Air Corporation’s stock is valued at $34.76 at 03:15 EST, way under its 52-week high of $49.14 and way above its 52-week low of $28.50.

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