Western Asset Managed Municipals Fund, Alexandria Real Estate Equities, Another 3 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Western Asset Managed Municipals Fund (MMU), Alexandria Real Estate Equities (ARE), Iron Mountain Incorporated (IRM) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Western Asset Managed Municipals Fund (MMU) 4.57% 2023-09-05 16:23:09
Alexandria Real Estate Equities (ARE) 4.3% 2023-09-21 12:34:00
Iron Mountain Incorporated (IRM) 4.09% 2023-09-05 01:06:07
HNI Corporation (HNI) 3.85% 2023-09-04 19:11:07
Chemung Financial Corp (CHMG) 3.1% 2023-09-09 04:07:12

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 Managed Municipals Fund (MMU) – Dividend Yield: 4.57%

Western Asset Managed Municipals Fund’s last close was $9.59, 10.96% below its 52-week high of $10.77. Intraday change was -0.1%.

Western Asset Managed Municipals 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. It invests in the fixed income markets of the United States. The fund invests in securities that provide income exempt from federal income tax. It invests primarily in investment grade municipal securities. The fund employs intensive proprietary research to create its portfolio. It benchmarks the performance of its portfolio against the Barclays Capital Municipal Bond Index. The fund was formerly known as Managed Municipals Portfolio Inc. Western Asset Managed Municipals Fund Inc. was formed on June 26, 1992 and is domiciled in the United States.

Earnings Per Share

As for profitability, Western Asset Managed Municipals Fund has a trailing twelve months EPS of $-0.26.

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 -1.96%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 12%, now sitting on 30.3M for the twelve trailing months.

Moving Average

Western Asset Managed Municipals Fund’s worth is under its 50-day moving average of $9.84 and below its 200-day moving average of $10.09.

More news about Western Asset Managed Municipals Fund.

2. Alexandria Real Estate Equities (ARE) – Dividend Yield: 4.3%

Alexandria Real Estate Equities’s last close was $112.24, 34.99% below its 52-week high of $172.65. Intraday change was -5.83%.

Alexandria Real Estate Equities, Inc. (NYSE: ARE), an S&P 500 company, is a best-in-class, mission-driven life science REIT making a positive and lasting impact on the world. As the pioneer of the life science real estate niche since its founding in 1994, Alexandria is the preeminent and longest-tenured owner, operator, and developer of collaborative life science, agtech, and advanced technology campuses in AAA innovation cluster locations, including Greater Boston, the San Francisco Bay Area, New York City, San Diego, Seattle, Maryland, and Research Triangle. The trusted partner to approximately 825 tenants, Alexandria has a total market capitalization of $30.6 billion and an asset base in North America of 74.9 million SF as of June 30, 2023, which includes 41.1 million RSF of operating properties and 5.3 million RSF of Class A/A+ properties undergoing construction, 9.4 million RSF of near-term and intermediate-term development and redevelopment projects, and 19.1 million SF of future development projects. Alexandria has a longstanding and proven track record of developing Class A/A+ properties clustered in life science, agtech, and advanced technology campuses that provide our innovative tenants with highly dynamic and collaborative environments that enhance their ability to successfully recruit and retain world-class talent and inspire productivity, efficiency, creativity, and success. Alexandria also provides strategic capital to transformative life science, agrifoodtech, climate innovation, and technology companies through our venture capital platform. We believe our unique business model and diligent underwriting ensure a high-quality and diverse tenant base that results in higher occupancy levels, longer lease terms, higher rental income, higher returns, and greater long-term asset value.

Earnings Per Share

As for profitability, Alexandria Real Estate Equities has a trailing twelve months EPS of $3.39.

PE Ratio

Alexandria Real Estate Equities has a trailing twelve months price to earnings ratio of 31.18. Meaning, the purchaser of the share is investing $31.18 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 3.4%.

Sales Growth

Alexandria Real Estate Equities’s sales growth is 45.8% for the present quarter and 11.3% for the next.

Yearly Top and Bottom Value

Alexandria Real Estate Equities’s stock is valued at $105.70 at 20:15 EST, below its 52-week low of $108.81.

Moving Average

Alexandria Real Estate Equities’s worth is way below its 50-day moving average of $118.48 and way under its 200-day moving average of $133.35.

More news about Alexandria Real Estate Equities.

3. Iron Mountain Incorporated (IRM) – Dividend Yield: 4.09%

Iron Mountain Incorporated’s last close was $63.61, 0.92% under its 52-week high of $64.20. Intraday change was 0.11%.

Iron Mountain Incorporated (NYSE: IRM), founded in 1951, is the global leader for storage and information management services. Trusted by more than 225,000 organizations around the world, and with a real estate network of more than 90 million square feet across more than 1,480 facilities in approximately 50 countries, Iron Mountain stores and protects billions of valued assets, including critical business information, highly sensitive data, and cultural and historical artifacts. Providing solutions that include secure records storage, information management, digital transformation, secure destruction, as well as data centers, cloud services and art storage and logistics, Iron Mountain helps customers lower cost and risk, comply with regulations, recover from disaster, and enable a more digital way of working.

Earnings Per Share

As for profitability, Iron Mountain Incorporated has a trailing twelve months EPS of $1.29.

PE Ratio

Iron Mountain Incorporated has a trailing twelve months price to earnings ratio of 49.31. Meaning, the purchaser of the share is investing $49.31 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 60.86%.

Volume

Today’s last reported volume for Iron Mountain Incorporated is 759412 which is 43.42% below its average volume of 1342230.

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4. HNI Corporation (HNI) – Dividend Yield: 3.85%

HNI Corporation’s last close was $33.24, 0.89% below its 52-week high of $33.54. Intraday change was 1.47%.

HNI Corporation, together with its subsidiaries, manufactures and sells workplace furnishings and residential building products primarily in the United States. The company operates through two segments, Workplace Furnishings and Residential Building Products. The Workplace Furnishings segment offers a range of commercial and home office furniture, including panel-based and freestanding furniture systems, seating, storage, tables, and architectural products under the HON, Allsteel, Beyond, Gunlocke, Maxon, HBF, OFM, Respawn, Lamex, and HNI India brands. This segment sells its products through independent dealers, wholesalers, office product distributors, e-commerce retailers, and wholesalers, as well as directly to end-user customers; and federal, state, and local governments. The Residential Building Products segment provides various gas, wood, electric, and pellet-fueled fireplaces; inserts; stoves; facings; and accessories primarily for home use under the Heatilator, Heat & Glo, Majestic, Monessen, Quadra-Fire, Harman, Vermont Castings, PelPro, SimpliFire, The Outdoor GreatRoom Company, and Stellar brand names. This segment markets its products through independent dealers and distributors, and corporation-owned distribution and retail outlets. The company was incorporated in 1944 and is headquartered in Muscatine, Iowa.

Earnings Per Share

As for profitability, HNI Corporation has a trailing twelve months EPS of $1.63.

PE Ratio

HNI Corporation has a trailing twelve months price to earnings ratio of 20.39. Meaning, the purchaser of the share is investing $20.39 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 10.66%.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Aug 23, 2023, the estimated forward annual dividend rate is 1.28 and the estimated forward annual dividend yield is 3.85%.

More news about HNI Corporation.

5. Chemung Financial Corp (CHMG) – Dividend Yield: 3.1%

Chemung Financial Corp’s last close was $39.95, 25.23% below its 52-week high of $53.43. Intraday change was 3.39%.

Chemung Financial Corporation operates as the holding company for Chemung Canal Trust Company that provides a range of banking, financing, fiduciary, and other financial services. The company provides demand, savings, and time deposits; non-interest and interest-bearing checking accounts; and insured money market accounts. It also offers commercial and agricultural loans comprising loans to small to mid-sized businesses; commercial mortgage loans; residential mortgage loans; consumer loans, including home equity lines of credit and home equity term loans; and interest rate swaps, letters of credit, wealth management, employee benefit plans, mutual fund, insurance products, and brokerage services. Further, it provides securities, insurance, and tax preparation services. Additionally, it offers guardian, custodian, and trustee services, as well as acts as an agent for pension, profit-sharing, and other employee benefit trusts; and various investment, pension, estate planning, and employee benefit administrative services. The company operates 31 branch offices located in 13 counties in New York and Bradford County in Pennsylvania. Chemung Financial Corporation was founded in 1833 and is headquartered in Elmira, New York.

Earnings Per Share

As for profitability, Chemung Financial Corp has a trailing twelve months EPS of $5.82.

PE Ratio

Chemung Financial Corp has a trailing twelve months price to earnings ratio of 6.86. Meaning, the purchaser of the share is investing $6.86 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 15.59%.

More news about Chemung Financial Corp.

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