Nustar Logistics LP Dividend yield
What is the Dividend yield of Nustar Logistics LP?
The Dividend yield of Nustar Logistics LP is 12.25%
What is the definition of Dividend yield?
Dividend yield represents the ratio between dividends paid out to shareholders per share and the market price per share over a trailing year.
= ttm (trailing twelve months) dividend rate / previous day’s close
The dividend yield or dividend-price ratio of a share is the dividend per share, divided by the price per share. It is also a company's total annual dividend payments divided by its market capitalization, assuming the number of shares is constant, and is often expressed as a percentage. The reciprocal of the dividend yield is the price-dividend ratio.
A higher dividend yield has been considered to be desirable among many investors. A high dividend yield can be considered to be evidence that a stock is underpriced or that the company has fallen on hard times and future dividends will not be as high as previous ones. Similarly a low dividend yield can be considered evidence that the stock is overpriced or that future dividends might be higher. Some investors may find a higher dividend yield attractive, for instance as an aid to marketing a fund to retail investors, or maybe because they cannot get their hands on the capital, which may be tied up in a trust arrangement. In contrast some investors may find a higher dividend yield unattractive, perhaps because it increases their tax bill.
Dividend yield of companies in the Miscellaneous sector on NYSE compared to Nustar Logistics LP
Companies with dividend yield similar to Nustar Logistics LP
- Virtus Convertible & Income Fund II has Dividend yield of 12.12%
- Healthcare Trust Inc has Dividend yield of 12.14%
- Brompton Split Banc has Dividend yield of 12.17%
- Able Engineering has Dividend yield of 12.20%
- BlackRock Capital Allocation Trust has Dividend yield of 12.20%
- Enagás SA has Dividend yield of 12.23%
- Nustar Logistics LP has Dividend yield of 12.25%
- Saratoga Investment Corp has Dividend yield of 12.30%
- Western Asset Mortgage Opportunity Fund Inc has Dividend yield of 12.32%
- OMV AG has Dividend yield of 12.32%
- REV Inc has Dividend yield of 12.35%
- Golub Capital BDC Inc has Dividend yield of 12.36%
- RiverNorth Opportunities Fund Inc has Dividend yield of 12.37%