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Highway Holdings Limited, Ares Commercial Real Estate Corporation, Another 3 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Highway Holdings Limited (HIHO), Ares Commercial Real Estate Corporation (ACRE), First Bancorp (FBNC) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Highway Holdings Limited (HIHO) 14.93% 2023-08-04 22:41:08
Ares Commercial Real Estate Corporation (ACRE) 13.03% 2023-08-15 19:44:08
First Bancorp (FBNC) 2.82% 2023-08-20 03:10:01
Johnson & Johnson (JNJ) 2.76% 2023-08-20 03:18:43
First Financial Bankshares (FFIN) 2.52% 2023-08-23 07:46:09

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. Highway Holdings Limited (HIHO) – Dividend Yield: 14.93%

Highway Holdings Limited’s last close was $2.04, 33.77% below its 52-week high of $3.08. Intraday change was 1.49%.

Highway Holdings Limited, together with its subsidiaries, manufactures and supplies metal, plastic, electric, and electronic components, subassemblies, and finished products for original equipment manufacturers (OEMs) and contract manufacturers. It operates through two segments, Metal Stamping and Mechanical OEM; and Electric OEM. The company also trades in plastic injection products; and manufactures and assembles automation equipment. Its products are used in the manufacture of products, such as photocopiers, laser printers, print cartridges, electrical connectors, electrical circuits, vacuum cleaners, LED power supplies, stepping motors, pumps for dishwashers, and other washing machine components. In addition, the company assists customers in the design and development of the tooling used in the metal and plastic manufacturing process, as well as provides an array of other manufacturing and engineering services, including metal stamping, screen printing, plastic injection molding, pad printing, and electronic assembly of printed circuit boards. It operates in Hong Kong and China, Europe, North America, and other Asian countries. Highway Holdings Limited was incorporated in 1990 and is headquartered in Sheung Shui, Hong Kong.

Earnings Per Share

As for profitability, Highway Holdings Limited has a trailing twelve months EPS of $-0.07.

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 -3.35%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 43.7%, now sitting on 10.24M for the twelve trailing months.

Yearly Top and Bottom Value

Highway Holdings Limited’s stock is valued at $2.04 at 17:15 EST, way under its 52-week high of $3.08 and way higher than its 52-week low of $1.80.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Highway Holdings Limited’s EBITDA is -2.03.

Volume

Today’s last reported volume for Highway Holdings Limited is 6980 which is 60.65% below its average volume of 17741.

More news about Highway Holdings Limited.

2. Ares Commercial Real Estate Corporation (ACRE) – Dividend Yield: 13.03%

Ares Commercial Real Estate Corporation’s last close was $9.96, 28.91% under its 52-week high of $14.01. Intraday change was -3.21%.

Ares Commercial Real Estate Corporation, a specialty finance company, originates and invests in commercial real estate (CRE) loans and related investments in the United States. It provides a range of financing solutions for the owners, operators, and sponsors of CRE properties. The company originates senior mortgage loans, subordinate debt products, real estate preferred equity investments, mezzanine loans, and other CRE investments, including commercial mortgage backed securities. Ares Commercial Real Estate Corporation has elected and qualified to be taxed as a real estate investment trust for the United States federal income tax purposes under the Internal Revenue Code of 1986. Ares Commercial Real Estate Management LLC operates as the manager of the company. The company was founded in 2011 and is headquartered in New York, New York.

Earnings Per Share

As for profitability, Ares Commercial Real Estate Corporation has a trailing twelve months EPS of $0.11.

PE Ratio

Ares Commercial Real Estate Corporation has a trailing twelve months price to earnings ratio of 90.55. Meaning, the purchaser of the share is investing $90.55 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 negative -0.69%.

Yearly Top and Bottom Value

Ares Commercial Real Estate Corporation’s stock is valued at $9.96 at 17:15 EST, way below its 52-week high of $14.01 and way above its 52-week low of $7.52.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Sep 27, 2023, the estimated forward annual dividend rate is 1.36 and the estimated forward annual dividend yield is 13.03%.

More news about Ares Commercial Real Estate Corporation.

3. First Bancorp (FBNC) – Dividend Yield: 2.82%

First Bancorp’s last close was $29.22, 40.37% below its 52-week high of $49.00. Intraday change was 0%.

First Bancorp operates as the bank holding company for First Bank that provides banking products and services for individuals and small to medium-sized businesses. It accepts deposit products, such as checking, savings, and money market accounts, as well as time deposits, including certificate of deposits and individual retirement accounts. The company also offers loans for a range of consumer and commercial purposes comprising loans for business, real estate, personal, home improvement, and automobiles, as well as residential mortgages and small business administration loans; and accounts receivable financing and factoring, inventory financing, and purchase order financing services. In addition, it provides credit and debit cards, letter of credits, and safe deposit box rental services, as well as electronic funds transfer services consisting of wire transfers; and internet and mobile banking, cash management, bank-by-phone services, and remote deposit capture services. Further, the company offers investment and insurance products, such as mutual funds, annuities, long-term care insurance, life insurance, and company retirement plans, as well as property and casualty insurance products; and financial planning services. First Bancorp was founded in 1934 and is headquartered in Southern Pines, North Carolina.

Earnings Per Share

As for profitability, First Bancorp has a trailing twelve months EPS of $3.54.

PE Ratio

First Bancorp has a trailing twelve months price to earnings ratio of 9.16. Meaning, the purchaser of the share is investing $9.16 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 10.25%.

Stock Price Classification

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

Yearly Top and Bottom Value

First Bancorp’s stock is valued at $32.43 at 17:15 EST, way under its 52-week high of $49.00 and way higher than its 52-week low of $26.26.

Moving Average

First Bancorp’s worth is higher than its 50-day moving average of $32.31 and way below its 200-day moving average of $37.20.

More news about First Bancorp.

4. Johnson & Johnson (JNJ) – Dividend Yield: 2.76%

Johnson & Johnson’s last close was $166.02, 8.3% below its 52-week high of $181.04. Intraday change was 0.32%.

Johnson & Johnson, together with its subsidiaries, researches, develops, manufactures, and sells various products in the healthcare field worldwide. The company's Consumer Health segment provides skin health/beauty products under the AVEENO, CLEAN & CLEAR, DR. CI:LABO, NEUTROGENA, and OGX brands; baby care products under the JOHNSON'S and AVEENO Baby brands; oral care products under the LISTERINE brand; TYLENOL acetaminophen products; SUDAFED cold, flu, and allergy products; BENADRYL and ZYRTEC allergy products; MOTRIN IB ibuprofen products; NICORETTE smoking cessation products; and PEPCID acid reflux products. This segment also offers STAYFREE and CAREFREE sanitary pads; o.b. tampons; adhesive bandages under the BAND-AID brand; and first aid products under the NEOSPORIN brand. It serves general public, retail outlets, and distributors. The company's Pharmaceutical segment provides products for rheumatoid arthritis, psoriatic arthritis, inflammatory bowel disease, and psoriasis; HIV/AIDS infectious diseases; mood disorders, neurodegenerative disorders, and schizophrenia; prostate cancer, hematologic malignancies, lung cancer, and bladder cancer; thrombosis, diabetes, and macular degeneration; and pulmonary arterial hypertension. This segment serves retailers, wholesalers, distributors, hospitals, and healthcare professionals directly for prescription use. Its MedTech segment offers electrophysiology products to treat cardiovascular diseases; neurovascular care products to treat hemorrhagic and ischemic stroke; orthopaedics products in support of hips, knees, trauma, spine, sports, and other; advanced and general surgery solutions that focus on breast aesthetics, ear, nose, and throat procedures; and contact lenses and ophthalmic technologies related to cataract and laser refractive surgery under the ACUVUE brand. This segment serves wholesalers, hospitals, and retailers. Johnson & Johnson was founded in 1886 and is based in New Brunswick, New Jersey.

Earnings Per Share

As for profitability, Johnson & Johnson has a trailing twelve months EPS of $4.93.

PE Ratio

Johnson & Johnson has a trailing twelve months price to earnings ratio of 35.03. Meaning, the purchaser of the share is investing $35.03 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 17.09%.

Sales Growth

Johnson & Johnson’s sales growth is 4.9% for the present quarter and 5.5% for the next.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is 4.7% and 10.6%, respectively.

More news about Johnson & Johnson.

5. First Financial Bankshares (FFIN) – Dividend Yield: 2.52%

First Financial Bankshares’s last close was $28.59, 37.96% below its 52-week high of $46.08. Intraday change was -2.16%.

First Financial Bankshares, Inc., through its subsidiaries, provides commercial banking products and services in Texas. The company accepts checking, savings and money market accounts, and time deposits; commercial and industrial, municipal, agricultural, construction and development, farm, non-owner occupied and owner-occupied commercial real estate, residential, and consumer auto and non-auto loans to businesses, professional individuals, and farm and ranch operations. It also provides drive-in and night deposit, remote deposit capture, internet and mobile banking, payroll cards, transmitting funds, and other customary commercial banking services, as well as automated teller machines and safe deposit facilities. In addition, the company offers personal trust services, including wealth management, administration of estates, testamentary trusts, revocable and irrevocable trusts, and agency accounts; and securities brokerage services, as well as administer retirements and employee benefits accounts, such as 401(k) profit-sharing plans and IRAs. Further, the company provides asset management and technology services. As of December 31, 2021, it had 78 financial centers across Texas. First Financial Bankshares, Inc. was founded in 1890 and is headquartered in Abilene, Texas.

Earnings Per Share

As for profitability, First Financial Bankshares has a trailing twelve months EPS of $1.54.

PE Ratio

First Financial Bankshares has a trailing twelve months price to earnings ratio of 18.56. Meaning, the purchaser of the share is investing $18.56 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 16.43%.

Volume

Today’s last reported volume for First Financial Bankshares is 364360 which is 22.65% below its average volume of 471100.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is a negative 12.2% and a negative 12.2%, respectively.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Sep 12, 2023, the estimated forward annual dividend rate is 0.72 and the estimated forward annual dividend yield is 2.52%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 8%, now sitting on 501.12M for the twelve trailing months.

More news about First Financial Bankshares.

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