(VIANEWS) – First Trust High Income Long Short Fund (FSD), Ares Dynamic Credit Allocation Fund (ARDC), Weyco Group (WEYS) are the highest dividend yield stocks on this list.

Rank Financial Asset Price Change Forward Dividend Yield Updated (EST)
1 First Trust High Income Long Short Fund (FSD) 15.84 0.19% 8.22% 2021-11-09 07:51:45
2 Ares Dynamic Credit Allocation Fund (ARDC) 16.36 0.18% 7.36% 2021-11-15 03:49:13
3 Weyco Group (WEYS) 23.15 -0.22% 4.24% 2021-11-12 14:48:13
4 Avnet (AVT) 39.82 -0.05% 2.24% 2021-11-12 21:48:12

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. First Trust High Income Long Short Fund (FSD) – Dividend Yield: 8.22%

First Trust High Income Long/Short Fund is a closed-ended fixed-income mutual fund launched and managed by First Trust Advisors, L.P. It is co-managed by MacKay Shields LLC. The fund invests in fixed-income markets across the globe. It primarily invests in high-yield corporate fixed-income securities of varying maturities that are rated below-investment grade, including corporate bonds, debentures, notes, and commercial papers. The fund employs fundamental analysis and a long/short strategy, with a focus on such factors as type, size, and cost of a security, financial statements of the issuer, credit quality and cash flow of the issuer, and evaluation of the forces which influence the market to create its portfolio. It benchmarks the performance of its portfolio against the Bank of America Merill Lynch U.S. High Yield Master II Constrained Index. First Trust High Income Long/Short Fund was formed on June 18, 2010 and is domiciled in the United States.

Volume

Today’s last reported volume for First Trust High Income Long Short Fund is 37863, 51.36% below its average volume of 77841.

First Trust High Income Long Short Fund’s last close was $15.84, 1.98% below its 52-week high of $16.16.

First Trust High Income Long Short Fund’s Stock Yearly Top and Bottom Value

First Trust High Income Long Short Fund’s stock is valued at $15.84 at 09:15 EST, under its 52-week high of $16.16 and way above its 52-week low of $13.95.

First Trust High Income Long Short Fund’s Moving Average

First Trust High Income Long Short Fund’s value is below its 50-day moving average of $15.94 and above its 200-day moving average of $15.73.

More news about First Trust High Income Long Short Fund.

2. Ares Dynamic Credit Allocation Fund (ARDC) – Dividend Yield: 7.36%

Ares Dynamic Credit Allocation Fund, Inc. is a closed-ended fixed income mutual fund launched by Ares Management LLC. The fund is managed by Ares Capital Management II LLC. It invests in the fixed income markets of Europe. The fund primarily invests in debt instruments such as senior loans made primarily to companies whose debt is rated below investment grade, corporate bonds that are primarily high yield issues rated below investment grade, debt securities issued by CLOs, and other fixed-income instruments. It focuses on such factors as the overall macroeconomic environment, financial markets, and company specific research and analysis, to create its portfolio. Ares Dynamic Credit Allocation Fund, Inc. was formed on November 27, 2012 and is domiciled in the United States.

Volume

Today’s last reported volume for Ares Dynamic Credit Allocation Fund is 56524, 34.44% below its average volume of 86223.

Ares Dynamic Credit Allocation Fund’s last close was $16.36, 1.8% under its 52-week high of $16.66.

Ares Dynamic Credit Allocation Fund’s Stock Yearly Top and Bottom Value

Ares Dynamic Credit Allocation Fund’s stock is valued at $16.36 at 09:15 EST, below its 52-week high of $16.66 and way higher than its 52-week low of $13.10.

Ares Dynamic Credit Allocation Fund’s Moving Average

Ares Dynamic Credit Allocation Fund’s value is higher than its 50-day moving average of $16.32 and above its 200-day moving average of $16.11.

More news about Ares Dynamic Credit Allocation Fund.

3. Weyco Group (WEYS) – Dividend Yield: 4.24%

Weyco Group, Inc., together with its subsidiaries, designs and distributes footwear for men, women, and children. It operates through two segments, North American Wholesale Operations and North American Retail Operations. The company offers mid-priced leather dress shoes and casual footwear of man-made materials or leather; and outdoor boots, shoes, and sandals under the Florsheim, Nunn Bush, Stacy Adams, BOGS, and Rafters brand names. It is also involved in the wholesale of its products to approximately 10,000 footwear, department, and specialty stores, as well as e-commerce retailers. As of December 31, 2020, the company had five brick and mortar retail stores in the United States. In addition, it has licensing agreements with third parties, who sell its branded apparel, accessories, and specialty footwear. Weyco Group, Inc. serves in the United States, Canada, Europe, Australia, Asia, and South Africa. The company was formerly known as Weyenberg Shoe Manufacturing Company and changed its name to Weyco Group, Inc. in April 1990. Weyco Group, Inc. was incorporated in 1906 and is based in Milwaukee, Wisconsin.

Volume

Today’s last reported volume for Weyco Group is 3827, 63.89% below its average volume of 10598.

Weyco Group’s last close was $23.11, 9.37% below its 52-week high of $25.50.

Weyco Group’s Sales

Weyco Group’s sales growth is 1% for the current quarter and a decline by 2.7% for the next.

Weyco Group’s Revenue

Year-on-year quarterly revenue growth grew by 245.8%, now sitting on 219.61M for the twelve trailing months.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions,

Weyco Group’s stock is considered to be oversold (<=20).

Weyco Group’s Stock Yearly Top and Bottom Value

Weyco Group’s stock is valued at $23.15 at 09:15 EST, under its 52-week high of $25.50 and way higher than its 52-week low of $15.74.

Weyco Group’s Moving Average

Weyco Group’s worth is above its 50-day moving average of $22.94 and higher than its 200-day moving average of $22.40.

More news about Weyco Group.

4. Avnet (AVT) – Dividend Yield: 2.24%

Avnet, Inc., a technology solutions company, markets, sells, and distributes electronic components. The company operates through two segments, Electronic Components and Farnell. The Electronic Components segment markets, sells, and distributes semiconductors; interconnect, passive, and electromechanical devices; and other integrated components from electronic component manufacturers. It also offers design chain support that provides engineers with technical design solutions; engineering and technical resources to support product design, bill of materials development, and technical education and training; and supply chain solutions that provide support and logistical services to original equipment manufacturers, electronic manufacturing service providers, and electronic component manufacturers. In addition, this segment provides integrated solutions, such as technical design, integration, and assembly of embedded products, and systems and solutions primarily for industrial applications, as well as for intelligent embedded and innovative embedded display solutions comprising touch and passive displays. Further, it develops and manufactures standard board and industrial subsystems, and application-specific devices that enable it to produce systems tailored to specific customer requirements. This segment serves various markets, such as automotive, medical, defense, aerospace, telecommunications, industrial, and digital editing. The Farnell segment distributes kits, tools, and electronic and industrial automation components, as well as test and measurement products to engineers and entrepreneurs. It has operations in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. Avnet, Inc. was founded in 1921 and is headquartered in Phoenix, Arizona.

Volume

Today’s last reported volume for Avnet is 390647, 36.23% below its average volume of 612625.

Avnet’s last close was $39.82, 12.35% under its 52-week high of $45.43.

The company’s growth estimates for the present quarter and the next is 197.2% and 125%, respectively.

Avnet’s Revenue

Year-on-year quarterly revenue growth grew by 14.1%, now sitting on 18.47B for the twelve trailing months.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions,

Avnet’s stock is considered to be oversold (<=20).

Avnet’s Stock Yearly Top and Bottom Value

Avnet’s stock is valued at $39.82 at 09:15 EST, way under its 52-week high of $45.43 and way above its 52-week low of $28.19.

Avnet’s Moving Average

Avnet’s worth is above its 50-day moving average of $37.99 and under its 200-day moving average of $40.30.

More news about Avnet.

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