(VIANEWS) – Western Asset High Yield Defined Opportunity Fund (HYI), Bank of New York Mellon (BK), Enterprise Bancorp (EBTC) have the highest dividend yield stocks on this list.
| Financial Asset | Forward Dividend Yield | Updated (EST) |
|---|---|---|
| Western Asset High Yield Defined Opportunity Fund (HYI) | 9.66% | 2023-08-18 05:10:08 |
| Bank of New York Mellon (BK) | 3.82% | 2023-08-25 13:11:52 |
| Enterprise Bancorp (EBTC) | 3.11% | 2023-08-22 23:23:06 |
| Rexford Industrial Realty (REXR) | 2.99% | 2023-08-19 22:41:08 |
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 Yield Defined Opportunity Fund (HYI) – Dividend Yield: 9.66%
Western Asset High Yield Defined Opportunity Fund’s last close was $11.63, 10.61% below its 52-week high of $13.01. Intraday change was -0.94%.
Western Asset High Yield Defined Opportunity Fund 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 Pte. Ltd., Western Asset Management Company Ltd and Western Asset Management Company Limited. It invests fixed income markets across the globe. The fund invests in high-yield corporate fixed income securities with varying maturities. It invests in below investment grade fixed income securities. Western Asset High Yield Defined Opportunity Fund Inc. was formed on July 20, 2010 and is domiciled in the United States.
Earnings Per Share
As for profitability, Western Asset High Yield Defined Opportunity Fund has a trailing twelve months EPS of $-1.45.
More news about Western Asset High Yield Defined Opportunity Fund.
2. Bank of New York Mellon (BK) – Dividend Yield: 3.82%
Bank of New York Mellon’s last close was $43.57, 16.63% under its 52-week high of $52.26. Intraday change was 0.24%.
The Bank of New York Mellon Corporation provides a range of financial products and services in the United States and internationally. The company operates through Securities Services, Market and Wealth Services, Investment and Wealth Management, and other segments. The Securities Services segment offers custody, trust and depositary, accounting, exchange-traded funds, middle-office solutions, transfer agency, services for private equity and real estate funds, foreign exchange, securities lending, liquidity/lending services, and data analytics. This segment also provides trustee, paying agency, fiduciary, escrow and other financial, issuer, and support services for brokers and investors. The Market and Wealth Services segment offers clearing and custody, investment, wealth and retirement solutions, technology and enterprise data management, trading, and prime brokerage services. This segment also provides integrated cash management solutions, including payments, foreign exchange, liquidity management, receivables processing and payables management, and trade finance and processing services. The Investment and Wealth Management segment offers investment management strategies and distribution of investment products, investment management, custody, wealth and estate planning, private banking, investment, and information management services. The Other segment engages in the provision of leasing, corporate treasury, derivative and other trading, corporate and bank-owned life insurance, renewable energy investment, and business exit services. It serves central banks and sovereigns, financial institutions, asset managers, insurance companies, corporations, local authorities and high net-worth individuals, and family offices. The company was founded in 1784 and is headquartered in New York, New York.
Earnings Per Share
As for profitability, Bank of New York Mellon has a trailing twelve months EPS of $3.44.
PE Ratio
Bank of New York Mellon has a trailing twelve months price to earnings ratio of 12.7. Meaning, the purchaser of the share is investing $12.7 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 7.23%.
More news about Bank of New York Mellon.
3. Enterprise Bancorp (EBTC) – Dividend Yield: 3.11%
Enterprise Bancorp’s last close was $28.70, 21.84% under its 52-week high of $36.72. Intraday change was -3.07%.
Enterprise Bancorp, Inc. operates as the holding company of Enterprise Bank and Trust Company that provides commercial banking products and services. It offers commercial and retail deposit products, including checking accounts, limited-transactional savings and money market accounts, commercial sweep products, and term certificates of deposit. The company also provides commercial real estate, commercial and industrial, commercial construction, residential, and consumer loans, as well as home equity loans and lines of credit. In addition, the company offers cash management services; wealth advisory and management services that include customized investment management and trust services to individuals, family groups, commercial businesses, trusts, foundations, non-profit organizations, and endowments; brokerage and management services to individual investors; insurance services; and voice, online, and mobile banking services. As of January 27, 2022, it had 26 full-service branches located in the Massachusetts communities of Acton, Andover, Billerica, Chelmsford, Dracut, Fitchburg, Lawrence, Leominster, Lexington, Lowell, Methuen, North Andover, Tewksbury, Tyngsborough, and Westford; and in the New Hampshire communities of Derry, Hudson, Nashua, Pelham, Salem, and Windham. The company was founded in 1989 and is headquartered in Lowell, Massachusetts.
Earnings Per Share
As for profitability, Enterprise Bancorp has a trailing twelve months EPS of $3.67.
PE Ratio
Enterprise Bancorp has a trailing twelve months price to earnings ratio of 7.82. Meaning, the purchaser of the share is investing $7.82 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 15.09%.
Moving Average
Enterprise Bancorp’s worth is under its 50-day moving average of $29.93 and way under its 200-day moving average of $32.00.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Enterprise Bancorp’s stock is considered to be overbought (>=80).
More news about Enterprise Bancorp.
4. Rexford Industrial Realty (REXR) – Dividend Yield: 2.99%
Rexford Industrial Realty’s last close was $51.23, 23.2% below its 52-week high of $66.71. Intraday change was 0.89%.
Rexford Industrial, a real estate investment trust focused on owning and operating industrial properties throughout Southern California infill markets, owns 232 properties with approximately 27.9 million rentable square feet and manages an additional 20 properties with approximately 1.0 million rentable square feet.
Earnings Per Share
As for profitability, Rexford Industrial Realty has a trailing twelve months EPS of $0.98.
PE Ratio
Rexford Industrial Realty has a trailing twelve months price to earnings ratio of 52.28. Meaning, the purchaser of the share is investing $52.28 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 3.1%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 28.6% and 22.7%, respectively.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Sep 27, 2023, the estimated forward annual dividend rate is 1.52 and the estimated forward annual dividend yield is 2.99%.
More news about Rexford Industrial Realty.
