(VIANEWS) – Western Asset High Yield Defined Opportunity Fund (HYI), Valley National Bancorp (VLYPP), Adams Express Company (ADX) have the highest dividend yield stocks on this list.
| Financial Asset | Forward Dividend Yield | Updated (EST) |
|---|---|---|
| Western Asset High Yield Defined Opportunity Fund (HYI) | 10.17% | 2023-12-03 02:23:06 |
| Valley National Bancorp (VLYPP) | 8.21% | 2023-11-30 11:47:08 |
| Adams Express Company (ADX) | 7.66% | 2023-11-30 22:44:05 |
| Hawthorn Bancshares (HWBK) | 3.24% | 2023-11-21 07:08:06 |
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 Yield Defined Opportunity Fund (HYI) – Dividend Yield: 10.17%
Western Asset High Yield Defined Opportunity Fund’s last close was $11.79, 9.38% below its 52-week high of $13.01. Intraday change was 1.11%.
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 $-0.33.
Volume
Today’s last reported volume for Western Asset High Yield Defined Opportunity Fund is 50180 which is 8.86% above its average volume of 46095.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Oct 22, 2023, the estimated forward annual dividend rate is 1.14 and the estimated forward annual dividend yield is 10.17%.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Western Asset High Yield Defined Opportunity Fund’s stock is considered to be oversold (<=20).
More news about Western Asset High Yield Defined Opportunity Fund.
2. Valley National Bancorp (VLYPP) – Dividend Yield: 8.21%
Valley National Bancorp’s last close was $19.04, 28.15% under its 52-week high of $26.50. Intraday change was 0.79%.
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 17.3. Meaning, the purchaser of the share is investing $17.3 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 9.37%.
Volatility
Valley National Bancorp’s last week, last month’s, and last quarter’s current intraday variation average was 1.37%, 0.21%, and 0.98%.
Valley National Bancorp’s highest amplitude of average volatility was 1.37% (last week), 0.81% (last month), and 0.98% (last quarter).
Volume
Today’s last reported volume for Valley National Bancorp is 4620 which is 75.07% below its average volume of 18538.
More news about Valley National Bancorp.
3. Adams Express Company (ADX) – Dividend Yield: 7.66%
Adams Express Company’s last close was $16.96, 5.41% under its 52-week high of $17.93. Intraday change was -0.12%.
Adams Diversified Equity Fund, Inc. is a publicly owned investment manager. The firm provides its services to investment companies. The firm invests in the public equity markets of the United States. It invests in stocks of large-cap companies across diversified sectors to make its investments. The firm employs a fundamental, technical and quantitative analysis with a bottom-up stock picking approach, while focusing on earnings growth prospects, financial strength, cash flow generation, macro-economics, capital allocation, market competition, profitability. It obtains external research to complement its in-house research to make its investments. The firm benchmarks the performance of its portfolios against the S&P 500 Index. It was formerly known as The Adams Express Company. Adams Diversified Equity Fund, Inc. was founded in 1840 and is based in Baltimore, Maryland.
Earnings Per Share
As for profitability, Adams Express Company has a trailing twelve months EPS of $3.15.
PE Ratio
Adams Express Company has a trailing twelve months price to earnings ratio of 5.38. Meaning, the purchaser of the share is investing $5.38 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 16.71%.
Volume
Today’s last reported volume for Adams Express Company is 121184 which is 26.18% below its average volume of 164175.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Adams Express Company’s stock is considered to be overbought (>=80).
Yearly Top and Bottom Value
Adams Express Company’s stock is valued at $16.96 at 11:15 EST, below its 52-week high of $17.93 and way above its 52-week low of $14.32.
Revenue Growth
Year-on-year quarterly revenue growth grew by 1.6%, now sitting on 35.14M for the twelve trailing months.
More news about Adams Express Company.
4. Hawthorn Bancshares (HWBK) – Dividend Yield: 3.24%
Hawthorn Bancshares’s last close was $21.00, 14.32% below its 52-week high of $24.51. Intraday change was -2.33%.
Hawthorn Bancshares, Inc. operates as the bank holding company for Hawthorn Bank that provides various banking services in Missouri. It offers checking and savings accounts, and certificates of deposit; debit and credit cards; and commercial and industrial, single payment personal, installment, and commercial and residential real estate loans. The company also provides trust, Internet banking, and brokerage services; and safety deposit boxes. It operates 23 banking offices. The company was founded in 1865 and is headquartered in Jefferson City, Missouri.
Earnings Per Share
As for profitability, Hawthorn Bancshares has a trailing twelve months EPS of $1.86.
PE Ratio
Hawthorn Bancshares has a trailing twelve months price to earnings ratio of 11.29. Meaning, the purchaser of the share is investing $11.29 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 11.23%.
Volume
Today’s last reported volume for Hawthorn Bancshares is 24126 which is 200.07% above its average volume of 8040.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Dec 13, 2023, the estimated forward annual dividend rate is 0.68 and the estimated forward annual dividend yield is 3.24%.
More news about Hawthorn Bancshares.
