(VIANEWS) - Gabelli Dividend & Income Trust (GDV), Nuveen New York AMT (NRK), Western Asset Municipal High Income Fund (MHF) have the highest dividend yield stocks on this list.
| Rank | Financial Asset | Price | Change | Forward Dividend Yield | Updated (EST) |
|---|---|---|---|---|---|
| 1 | Gabelli Dividend & Income Trust (GDV) | 21.29 | 0.42% | 6.19% | 2022-12-09 03:08:07 |
| 2 | Nuveen New York AMT (NRK) | 10.49 | 1.16% | 4.8% | 2022-11-23 01:11:07 |
| 3 | Western Asset Municipal High Income Fund (MHF) | 6.49 | -0.31% | 3.62% | 2022-12-10 05:09:10 |
| 4 | Southwest Gas Corporation (SWX) | 70.42 | 1.06% | 3.56% | 2022-11-24 03:14:07 |
| 5 | Ares Management L.P. (ARES) | 72.25 | -0.23% | 3.4% | 2022-12-07 07:48:14 |
A little less 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. Gabelli Dividend & Income Trust (GDV) - Dividend Yield: 6.19%
Gabelli Dividend & Income Trust's last close was $21.29, 22.58% under its 52-week high of $27.50.
The Gabelli Dividend & Income Trust is a closed ended equity mutual fund launched by GAMCO Investors, Inc. The fund is managed by Gabelli Funds, LLC. It invests in public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in dividend paying stocks of companies. The fund seeks to benchmarks the performance of its portfolio against a combination of the S&P 500 Index, Dow Jones Industrial Average, and Nasdaq Composite Index. Gabelli Dividend & Income Trust was formed on November 28, 2003 and is domiciled in the United States.
Earnings per Share
Gabelli Dividend & Income Trust's trailing 12 months EPS is $5.95.
PE Ratio
Gabelli Dividend & Income Trust's trailing 12 months price-to-earnings ratio is 3.58. The purchaser of the shares is investing $3.58 per dollar in annual earnings.
For the 12 trailing months, the company's return-on-equity, which is a measure of the profitability and shareholder equity ratio, was negative at -13.63%.Volume
Gabelli Dividend & Income Trust's current reported volume is 110128. This is 33.75% less than its average volume (166231).
Dividend Yield
Morningstar, Inc. estimates that the next dividend payment will be Jan 12, 2023. The forward annual dividend rate for the year is 1.32, and the forward annual dividend yield of 6.19%.
More news about Gabelli Dividend & Income Trust.
2. Nuveen New York AMT (NRK) - Dividend Yield: 4.8%
Nuveen New York AMT's last close was $10.49, 24.75% under its 52-week high of $13.94.
Nuveen Investments, Inc. launched the Nuveen New York AMT Free Quality Municipal Income Fund, a fixed-income mutual fund that is closed to new investors. Nuveen Asset Management, LLC and Nuveen Fund Advisors LLC co-manage the fund. The fund invests in New York's fixed income markets. It invests in municipal securities that are undervalued and related investments. The income is covered by New York insurance companies with claims-paying capability. They have an average maturity of 15.98 and are exempted from federal income taxes. To create its portfolio, it combines fundamental analysis and bottom-up stock selection. It compares its portfolio's performance to the Standard & Poor’s (S&P), New York Municipal Bond Index, and the Standard & Poor’s (S&P), Insured National Municipal Bond Index. It used to be known previously as Nuveen New York AMT Free Municipal Income Fund. Nuveen New York AMT Free Quality Municipal Income Fund was established on July 29, 2002. It is based in the United States.
Earnings per Share
Profitability is Nuveen New York AMT's trailing twelve-month EPS at $-0.08.
For the 12 trailing months, the company's return-on-equity, which is a measure of the profitability of a company relative to shareholders' equity, was negative at -18.25%.Volume
Today's last reported volume for Nuveen New York AMT is 142941 which is 49.45% below its average volume of 282817.
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3. Western Asset Municipal High Income Fund (MHF) - Dividend Yield: 3.62%
Western Asset Municipal High Income Fund's last close was $6.49, 20.47% below its 52-week high of $8.16.
Western Asset Municipal High Income Fund Inc. is a closed ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. It is co-managed by Western Asset Management Company. The fund invests in the fixed income markets of the United States. It invests primarily in intermediate and long-term municipal debt securities issued by state and local governments including U.S. territories and possessions, political subdivisions, agencies and public authorities. The fund seeks to invest in investment grade debt securities rated in one of the four highest rating categories by a nationally recognized statistical rating organization to create its portfolio. It benchmarks the performance of its portfolio against the Lehman Brothers Municipal Bond Index. The fund was formerly known as Municipal High Income Fund Inc. Western Asset Municipal High Income Fund Inc. was formed on November 28, 1988 and is domiciled in the United States.
Earnings per Share
The trailing 12 months' EPS for Western Asset Municipal High Income Fund is $0.41.
PE Ratio
The trailing 12 months earnings to price ratio for Western Asset Municipal High Income Fund is 15.83. The purchaser of the shares is investing $15.83 per dollar in annual earnings.
For the 12 trailing months, the company's return-on-equity, which is a measure of profitability relative to shareholders' equity, was negative at -7.1%.Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Dec 20, 2022, the estimated forward annual dividend rate is 0.24 and the estimated forward annual dividend yield is 3.62%.
Revenue growth
The year-over-year revenue growth fell by 8.7%. We now have 6.47M in the 12 trailing months.
Volume
The last volume reported for Western Asset Municipal High Income Fund was 45411, which is 25% below the average volume of 61223.
More news about Western Asset Municipal High Income Fund.
4. Southwest Gas Corporation (SWX) - Dividend Yield: 3.56%
Southwest Gas Corporation's last close was $70.42, 26.35% below its 52-week high of $95.62.
Through its subsidiaries, Southwest Gas Holdings, Inc. purchases, distributes, transports and transports natural gases in Arizona, Nevada, California. It operates two divisions: Natural Gas Operations, and Utility Infrastructure. It had 2123,000 customers in natural gas operations as of December 31, 2020. It also offers trenching, installation, replacement and maintenance services to energy distribution systems. Southwest Gas Holdings, Inc., was founded in 1931. It is located in Las Vegas, Nevada.
Earnings per Share
Southwest Gas Corporation's trailing twelve-month EPS is $2.35.
PE Ratio
Southwest Gas Corporation's trailing 12 months earnings to price ratio is 29.97. The purchaser of the shares is therefore investing $29.97 per dollar in annual earnings.
For the 12 trailing months, the company's return-on-equity, which is an indicator of the business' profitability relative to shareholders' equity, was 4.56%.Earnings before Interest, Taxes and Depreciation
Southwest Gas Corporation's EBITDA stands at 2.29.
Yearly Top and Bottom Value
Southwest Gas Corporation's stock is valued at $70.42 at 09:15 EST, way under its 52-week high of $95.62 and way above its 52-week low of $62.60.
More news about Southwest Gas Corporation.
5. Ares Management L.P. (ARES) - Dividend Yield: 3.4%
Ares Management L.P.'s last close was $72.25, 16.05% under its 52-week high of $86.06.
Ares Management Corporation is an alternative asset manager in America, Europe and Asia. Its Tradable credit group segment, which manages different types of investment funds such as separately and commingled accounts for institutional investors and publicly traded vehicles, and sub-advised money for retail investors in the non-investment-grade corporate credit markets. The company's Direct Lending Group segment offers financing options to small and medium-sized businesses. Private Equity Group focuses on investments in majority- or shared-control companies. The company's Real Estate Group invests in new developments, repositioning assets and in control investments. It also originates and invests a variety of financing options for commercial realty operators and owners in the middle market. The company was previously called Ares Management L.P. It was established in 1997. There are additional offices throughout the United States and Europe. The general partner is Ares Management GP LLC.
Earnings Per Share
As for profitability, Ares Management L.P. has a trailing twelve months EPS of $1.38.
PE Ratio
Ares Management L.P. has a trailing twelve months price to earnings ratio of 52.36. Meaning, the purchaser of the share is investing $52.36 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 14.69%.Yearly Top and Bottom Value
Ares Management L.P.'s stock is valued at $72.25 at 09:15 EST, way below its 52-week high of $86.06 and way above its 52-week low of $53.15.
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