Did you notice that the Nasdaq hit the 5,000 yesterday?
Congratulations, what a number. The Nasdaq index compromises many growth stocks, more than the Dow Jones did.
That's also one of the reasons why the index is well-know for technology and innovation firms.
But the technology sector isn't particularly known for finding good dividends. Indeed, many of the most exciting technology stocks don't pay a dividend at all.
Assuming they're profitable (an assumption that doesn't always hold), technology companies often funnel their cash back into their business rather than pay shareholders a dividend.
You may also like my articles related to technology dividend stocks. There are a few great ideas in it. Cash, innovations and growth are main topics.
Today I would like to celebrate the 5,000 mark by highlighting some of the highest yielding stocks from the index.
Around half of the index members pay a dividend and of them has a high yield of more than 5 percent. Attached is a list of the highest yielding top 20 stocks from the Nasdaq 100.
Here are my favorites in detail:
CA (NASDAQ:CA) works within the Business Software & Services industry and has a market capitalization of $14.33 billion. The company employs 12,700 people, generates revenue of $4,515.00 million and has a net income of $899.00 million.
CA's earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $1,860.00 million. The EBITDA margin is 41.20 percent (the operating margin is 24.21 percent and the net profit margin 19.91 percent).
Financials: The total debt represents 14.70 percent of CA's assets and the total debt in relation to the equity amounts to 31.71 percent. Due to the financial situation, a return on equity of 16.15 percent was realized by CA.
Twelve trailing months earnings per share reached a value of $1.70. Last fiscal year, CA paid $1.00 in the form of dividends to shareholders.
Technical: CA shares are -0.79% away from its 52-Week High and 31.15% above the 52-Week Low. The Relative Strength Indicator as a value of 64.29.
SMA 200 --- 13.02%
SMA 50 --- 5.76%
SMA 20 --- 3.90%
Average True Range (NYSE:ATR) --- 0.55
Beta --- 1.36
Stock Trading Volume --- 2,484,956
Market Valuation: Here are the price ratios of the company: The P/E ratio is 19.17, the P/S ratio is 3.15 and the P/B ratio is finally 2.57. The dividend yield amounts to 3.07 percent and the beta ratio has a value of 1.35.
Earnings Growth: CA's expected earnings growth for the next year amounts to 0.12% while earnings growth for the next five years are estimated at -5.05%. - See more at: Fall in Love With These Highest Yielding Dividend Stocks From Nasdaq 100...