Western Asset Mortgage Capital Corporation, Madison Covered Call & Equity Strategy Fund, Another 6 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Western Asset Mortgage Capital Corporation (WMC), Madison Covered Call & Equity Strategy Fund (MCN), CrossAmerica Partners LP (CAPL) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Western Asset Mortgage Capital Corporation (WMC) 10.24% 2024-01-10 11:47:06
Madison Covered Call & Equity Strategy Fund (MCN) 9.99% 2024-01-08 03:13:06
CrossAmerica Partners LP (CAPL) 8.99% 2024-01-05 23:15:06
Cohen & Steers Infrastructure Fund (UTF) 8.35% 2024-01-10 07:07:05
Saga Communications (SGA) 4.33% 2024-01-04 01:14:05
SpartanNash Company (SPTN) 3.71% 2023-12-29 04:44:06
NBT Bancorp (NBTB) 3.22% 2024-01-14 11:06:06
Sirius XM Holdings (SIRI) 2.04% 2024-01-15 12:14:47

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 Mortgage Capital Corporation (WMC) – Dividend Yield: 10.24%

Western Asset Mortgage Capital Corporation’s last close was $9.18, 21.13% below its 52-week high of $11.64. Intraday change was 4.44%.

Western Asset Mortgage Capital Corporation operates as a real estate investment trust. It invests in, acquires, and manages a portfolio of assets with a focus on residential real estate related investments, including non-qualified mortgage loans, non-agency residential mortgage-backed securities (RMBS), and other related investments. The company qualifies as a real estate investment trust for federal income tax purposes. Western Asset Mortgage Capital Corporation was incorporated in 2009 and is based in Pasadena, California.

Earnings Per Share

As for profitability, Western Asset Mortgage Capital Corporation has a trailing twelve months EPS of $-1.94.

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 -13.19%.

Yearly Top and Bottom Value

Western Asset Mortgage Capital Corporation’s stock is valued at $9.18 at 16:15 EST, way below its 52-week high of $11.64 and way higher than its 52-week low of $7.82.

More news about Western Asset Mortgage Capital Corporation.

2. Madison Covered Call & Equity Strategy Fund (MCN) – Dividend Yield: 9.99%

Madison Covered Call & Equity Strategy Fund’s last close was $7.21, 16.16% under its 52-week high of $8.60. Intraday change was -0.14%.

Madison Covered Call & Equity Strategy Fund is a closed-ended equity mutual fund launched by Madison Investment Holdings, Inc. It is managed by Madison Asset Management, LLC. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in reasonably priced growth (GARP) stocks of large and mid-cap companies. It also writes covered call options to make its investments. The fund employs fundamental analysis with a bottom-up stock picking approach, focusing on such factors as PEG ratios (price-earnings ratio to growth rate), financial strength, and industry leadership to create its portfolio. It benchmarks the performance of its portfolio against the CBOE S&P 500 Buy/Write Index. The fund conducts in-house research to make its investments. It was formerly known as Madison/Claymore Covered Call & Equity Strategy Fund. Madison Covered Call & Equity Strategy Fund was formed on May 6, 2004 and is domiciled in the United States.

Earnings Per Share

As for profitability, Madison Covered Call & Equity Strategy Fund has a trailing twelve months EPS of $1.21.

PE Ratio

Madison Covered Call & Equity Strategy Fund has a trailing twelve months price to earnings ratio of 5.96. Meaning, the purchaser of the share is investing $5.96 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 17.45%.

Volume

Today’s last reported volume for Madison Covered Call & Equity Strategy Fund is 37382 which is 32.53% below its average volume of 55411.

Yearly Top and Bottom Value

Madison Covered Call & Equity Strategy Fund’s stock is valued at $7.21 at 16:15 EST, way under its 52-week high of $8.60 and higher than its 52-week low of $6.69.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Dec 13, 2023, the estimated forward annual dividend rate is 0.72 and the estimated forward annual dividend yield is 9.99%.

More news about Madison Covered Call & Equity Strategy Fund.

3. CrossAmerica Partners LP (CAPL) – Dividend Yield: 8.99%

CrossAmerica Partners LP’s last close was $23.57, 1.38% under its 52-week high of $23.90. Intraday change was 0.86%.

CrossAmerica Partners LP engages in the wholesale distribution of motor fuels, operation of convenience stores, and ownership and leasing of real estate used in the retail distribution of motor fuels in the United States. The company operates in two segments, Wholesale and Retail. The Wholesale segment engages in the wholesale distribution of motor fuels to lessee dealers, independent dealers, commission agents, and company operated retail sites. The Retail segment is involved in the sale of convenience merchandise items; and retail sale of motor fuels at company operated retail sites and retail sites operated by commission agents. As of March 1, 2021, the company distributed fuel to approximately 1,700 locations; and owned or leased approximately 1,100 sites. CrossAmerica GP LLC operates as the general partner of the company. The company was formerly known as Lehigh Gas Partners LP and changed its name to CrossAmerica Partners LP in October 2014. CrossAmerica Partners LP was founded in 1992 and is based in Allentown, Pennsylvania.

Earnings Per Share

As for profitability, CrossAmerica Partners LP has a trailing twelve months EPS of $1.06.

PE Ratio

CrossAmerica Partners LP has a trailing twelve months price to earnings ratio of 22.24. Meaning, the purchaser of the share is investing $22.24 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 65.07%.

More news about CrossAmerica Partners LP.

4. Cohen & Steers Infrastructure Fund (UTF) – Dividend Yield: 8.35%

Cohen & Steers Infrastructure Fund’s last close was $22.27, 14.97% under its 52-week high of $26.19. Intraday change was 0.45%.

Cohen & Steers Infrastructure Fund, Inc. is a closed-end equity fund launched by Cohen & Steers, Inc. The fund is managed by Cohen & Steers Capital Management, Inc. It invests in public equity markets of the United States. The fund invests primarily in value stocks of infrastructure companies across all market capitalizations. It employs fundamental analysis to make its investments. The fund benchmarks the performance of its portfolio against a composite index of 80% FTSE Global Core Infrastructure 50/50 Net Tax Index (FTSE 50/50) and 20% BofA Merrill Lynch Fixed-Rate Preferred Securities Index. It was formerly known as Cohen & Steers Select Utility Fund, Inc. Cohen & Steers Infrastructure Fund, Inc. was formed on January 8, 2004 and is domiciled in the United States.

Earnings Per Share

As for profitability, Cohen & Steers Infrastructure Fund has a trailing twelve months EPS of $-0.36.

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 -1.48%.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Jan 15, 2024, the estimated forward annual dividend rate is 1.86 and the estimated forward annual dividend yield is 8.35%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 27.6%, now sitting on 122.92M for the twelve trailing months.

More news about Cohen & Steers Infrastructure Fund.

5. Saga Communications (SGA) – Dividend Yield: 4.33%

Saga Communications’s last close was $23.13, 15.18% under its 52-week high of $27.27. Intraday change was 2.3%.

Saga Communications, Inc., a broadcast company, acquires, develops, and operates broadcast properties in the United States. The company's radio stations employ various programming formats, including classic hits, adult hits, top 40, country, country legends, mainstream/hot/soft adult contemporary, pure oldies, classic rock, and news/talk. As of February 28, 2022, it owned seventy-nine FM, thirty- four AM radio stations, and seventy-nine metro signals serving twenty-seven markets. The company was founded in 1986 and is headquartered in Grosse Pointe Farms, Michigan.

Earnings Per Share

As for profitability, Saga Communications has a trailing twelve months EPS of $1.85.

PE Ratio

Saga Communications has a trailing twelve months price to earnings ratio of 12.5. Meaning, the purchaser of the share is investing $12.5 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 6.1%.

Volume

Today’s last reported volume for Saga Communications is 18381 which is 37.44% below its average volume of 29383.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Saga Communications’s EBITDA is 15.4.

More news about Saga Communications.

6. SpartanNash Company (SPTN) – Dividend Yield: 3.71%

SpartanNash Company’s last close was $23.15, 28.46% below its 52-week high of $32.36. Intraday change was -0.09%.

SpartanNash Company distributes and retails grocery products. It operates in three segments: Food Distribution, Military, and Retail. The Food Distribution segment offers approximately 68,000 stock-keeping units, such as dry groceries, produce, dairy products, meat, delicatessen items, bakery goods, frozen food, seafood, floral products, general merchandise, beverages, tobacco products, health and beauty care, and pharmacy products to independent retailers, national retailers, food service distributors, e-commerce providers, and corporate owned retail stores. This segment also offers various value-added services to retailers. The Military segment sells and distributes grocery products to 160 military commissaries and approximately 400 exchanges located in 39 states across the United States and the District of Columbia, Europe, Cuba, Puerto Rico, Honduras, Bahrain, Djibouti, and Egypt. The Retail segment primarily operates neighborhood markets. As of March 11, 2021, it operated 154 supermarkets, primarily under the banners of Family Fare, Martin's Super Markets, D&W Fresh Market, VG's Grocery, and Dan's Supermarket. SpartanNash Company also markets and distributes private brand items primarily under the Our Family brand name. The company was formerly known as Spartan Stores, Inc. and changed its name to SpartanNash Company in November 2013. SpartanNash Company was founded in 1917 and is headquartered in Grand Rapids, Michigan.

Earnings Per Share

As for profitability, SpartanNash Company has a trailing twelve months EPS of $1.22.

PE Ratio

SpartanNash Company has a trailing twelve months price to earnings ratio of 18.98. Meaning, the purchaser of the share is investing $18.98 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 5.47%.

More news about SpartanNash Company.

7. NBT Bancorp (NBTB) – Dividend Yield: 3.22%

NBT Bancorp’s last close was $39.74, 11.73% below its 52-week high of $45.02. Intraday change was -0.48%.

NBT Bancorp Inc., a financial holding company, provides commercial banking, retail banking, and wealth management services. Its deposit products include demand deposit, savings, negotiable order of withdrawal, money market deposit, and certificate of deposit accounts. The company's loan portfolio comprises commercial and industrial, commercial real estate, agricultural, and commercial construction loans; indirect and direct consumer, home equity, mortgages, business banking loans, and commercial loans; and residential real estate loans. It also provides trust and investment services; financial planning and life insurance services; and retirement plan consulting and recordkeeping services. In addition, the company offers insurance products comprising personal property and casualty, business liability, and commercial insurance, as well as other products and services through 24-hour online, mobile, and telephone channels that enable customers to check balances, make deposits, transfer funds, pay bills, access statements, apply for loans, and access various other products and services. As of December 31, 2020, it had 141 branches and 176 ATMs in New York, Pennsylvania, Vermont, Massachusetts, New Hampshire, and Maine. NBT Bancorp Inc. was founded in 1856 and is headquartered in Norwich, New York.

Earnings Per Share

As for profitability, NBT Bancorp has a trailing twelve months EPS of $2.85.

PE Ratio

NBT Bancorp has a trailing twelve months price to earnings ratio of 13.94. Meaning, the purchaser of the share is investing $13.94 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 9.88%.

Volume

Today’s last reported volume for NBT Bancorp is 87584 which is 45.86% below its average volume of 161801.

More news about NBT Bancorp.

8. Sirius XM Holdings (SIRI) – Dividend Yield: 2.04%

Sirius XM Holdings’s last close was $5.21, 34.47% below its 52-week high of $7.95. Intraday change was -0.57%.

Sirius XM Holdings Inc., an audio entertainment company, operates audio business including subscription entertainment services in the United States. It operates through Sirius XM, and Pandora and Off-platform segment. The company's Sirius XM segment provides music, sports, entertainment, comedy, news, traffic and weather channels, and other content, as well as podcast and infotainment services on subscription fee basis; and live, curated, and exclusive and on demand programming services through satellite radio system and streamed via applications for mobile and home devices, and other consumer electronic equipment. Its Pandora and Off-platform segment operates music and podcast streaming platform, which offers personalized experience for listener through computers, tablets, mobile devices, vehicle speakers, and connected devices. In addition, the company offers podcasts including true crime to politics, sports, comedy, and other podcasts under Stitcher brand. Further, it distributes satellite radios through automakers and retailers, as well as its website. The company also provides location-based services through two-way wireless connectivity, including safety, security, convenience, remote vehicles diagnostic, maintenance and data, and stolen or parked vehicle locator services. Additionally, it offers satellite television services, which offer music channels on the DISH Network satellite television service as a programming package; Travel Link, a suite of data services that include graphical weather, fuel prices, sports schedule and scores, and movie listings; and real-time traffic and weather services, as well as music programming and commercial-free music services for commercial, office, restaurants, and other business. The company was incorporated in 2013 and is headquartered in New York. Sirius XM Holdings Inc. is a subsidiary of Liberty Media Corporation.

Earnings Per Share

As for profitability, Sirius XM Holdings has a trailing twelve months EPS of $0.32.

PE Ratio

Sirius XM Holdings has a trailing twelve months price to earnings ratio of 16.28. Meaning, the purchaser of the share is investing $16.28 for every dollar of annual earnings.

Revenue Growth

Year-on-year quarterly revenue growth declined by 0.4%, now sitting on 8.95B for the twelve trailing months.

Yearly Top and Bottom Value

Sirius XM Holdings’s stock is valued at $5.21 at 16:15 EST, way under its 52-week high of $7.95 and way higher than its 52-week low of $3.32.

Stock Price Classification

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

More news about Sirius XM Holdings.

Leave a Reply

Your email address will not be published. Required fields are marked *