Arbor Realty Trust, Invesco Trust For Investment Grade Municipals, Another 5 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Arbor Realty Trust (ABR), Invesco Trust for Investment Grade Municipals (VGM), Royce Value Trust (RVT) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Arbor Realty Trust (ABR) 12.9% 2024-08-23 23:47:05
Invesco Trust for Investment Grade Municipals (VGM) 7.49% 2024-08-29 03:08:05
Royce Value Trust (RVT) 7.1% 2024-08-28 07:07:06
Artisan Partners Asset Management (APAM) 6.75% 2024-08-24 05:13:05
CB Financial Services (CBFV) 3.67% 2024-08-30 11:07:06
Otter Tail Corporation (OTTR) 2.21% 2024-09-02 13:17:05
Lancaster Colony Corporation (LANC) 2.11% 2024-09-01 16:23:05

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. Arbor Realty Trust (ABR) – Dividend Yield: 12.9%

Arbor Realty Trust’s last close was $13.33, 18.47% under its 52-week high of $16.35. Intraday change was 1.29%.

Arbor Realty Trust, Inc. invests in a diversified portfolio of structured finance assets in the multifamily, single-family rental, and commercial real estate markets. The company operates in two segments, Structured Business and Agency Business. It primarily invests in real estate-related bridge and mezzanine loans, including junior participating interests in first mortgages, and preferred and direct equity, as well as real estate-related notes and various mortgage-related securities. The company offers bridge financing products to borrowers who seek short-term capital to be used in an acquisition of property; financing by making preferred equity investments in entities that directly or indirectly own real property; mezzanine financing in the form of loans that are subordinate to a conventional first mortgage loan and senior to the borrower's equity in a transaction; and junior participation financing in the form of a junior participating interest in the senior debt. In addition, it underwrites, originates, sells, and services multifamily mortgage loans through conduit/commercial mortgage-backed securities programs. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was founded in 2003 and is headquartered in Uniondale, New York.

Earnings Per Share

As for profitability, Arbor Realty Trust has a trailing twelve months EPS of $1.44.

PE Ratio

Arbor Realty Trust has a trailing twelve months price to earnings ratio of 9.26. Meaning, the purchaser of the share is investing $9.26 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 10.72%.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Aug 16, 2024, the estimated forward annual dividend rate is 1.72 and the estimated forward annual dividend yield is 12.9%.

Volume

Today’s last reported volume for Arbor Realty Trust is 2624960 which is 29.01% below its average volume of 3698000.

Yearly Top and Bottom Value

Arbor Realty Trust’s stock is valued at $13.33 at 10:15 EST, way below its 52-week high of $16.35 and way above its 52-week low of $11.77.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is a negative 25.5% and a negative 23.5%, respectively.

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2. Invesco Trust for Investment Grade Municipals (VGM) – Dividend Yield: 7.49%

Invesco Trust for Investment Grade Municipals’s last close was $10.35, 1.62% under its 52-week high of $10.52. Intraday change was -0.38%.

Invesco Trust for Investment Grade Municipals is a closed-ended fixed income mutual fund launched by Invesco Ltd. The fund is co-managed by Invesco Advisers, Inc., INVESCO Asset Management (Japan) Limited, INVESCO Asset Management Deutschland GmbH, INVESCO Asset Management Limited, Invesco Canada Ltd., Invesco Hong Kong Limited, and INVESCO Senior Secured Management, Inc. It invests in the fixed income markets of the United States. The fund primarily invests in investment grade municipal securities which include municipal bonds, municipal notes, municipal commercial paper, and lease obligations. It employs fundamental analysis with bottom-up security selection approach to create its portfolio. The fund was formerly known as Invesco Van Kampen Trust for Investment Grade Municipals. Invesco Trust for Investment Grade Municipals was formed on January 24, 1992 and is domiciled in the United States.

Earnings Per Share

As for profitability, Invesco Trust for Investment Grade Municipals has a trailing twelve months EPS of $0.87.

PE Ratio

Invesco Trust for Investment Grade Municipals has a trailing twelve months price to earnings ratio of 11.9. Meaning, the purchaser of the share is investing $11.9 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 7.8%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 4.2%, now sitting on 43.42M for the twelve trailing months.

Yearly Top and Bottom Value

Invesco Trust for Investment Grade Municipals’s stock is valued at $10.35 at 10:15 EST, below its 52-week high of $10.52 and way above its 52-week low of $8.15.

More news about Invesco Trust for Investment Grade Municipals.

3. Royce Value Trust (RVT) – Dividend Yield: 7.1%

Royce Value Trust’s last close was $15.49, 4.15% under its 52-week high of $16.16. Intraday change was -0.64%.

Royce Value Trust Inc. is a close ended equity mutual fund launched and managed by Royce & Associates, LLC. It invests in the public equity markets of the United States. The fund spreads its investments across diversified sectors. It invests in value oriented stocks of small cap and micro cap companies. The fund benchmarks the performance of its portfolio against the Russell 2000 Index. Royce Value Trust Inc. was formed on July 1, 1986 and is domiciled in the United States.

Earnings Per Share

As for profitability, Royce Value Trust has a trailing twelve months EPS of $2.95.

PE Ratio

Royce Value Trust has a trailing twelve months price to earnings ratio of 5.25. Meaning, the purchaser of the share is investing $5.25 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 19%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 5.6%, now sitting on 22.28M for the twelve trailing months.

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4. Artisan Partners Asset Management (APAM) – Dividend Yield: 6.75%

Artisan Partners Asset Management’s last close was $42.07, 10.01% under its 52-week high of $46.75. Intraday change was 1.89%.

Artisan Partners Asset Management Inc. is publicly owned investment manager. It provides its services to pension and profit sharing plans, trusts, endowments, foundations, charitable organizations, government entities, private funds and non-U.S. funds, as well as mutual funds, non-U.S. funds and collective trusts. It manages separate client-focused equity and fixed income portfolios. The firm invests in the public equity and fixed income markets across the globe. It invests in growth and value stocks of companies across all market capitalization. For fixed income component of its portfolio the firm invests in non-investment grade corporate bonds and secured and unsecured loans. It employs fundamental analysis to create its portfolios. Artisan Partners Asset Management Inc. was founded in 1994 and is based in Milwaukee, Wisconsin with additional offices in Atlanta, Georgia; New York City; San Francisco, California; Leawood, Kansas; and London, United Kingdom.

Earnings Per Share

As for profitability, Artisan Partners Asset Management has a trailing twelve months EPS of $3.35.

PE Ratio

Artisan Partners Asset Management has a trailing twelve months price to earnings ratio of 12.56. Meaning, the purchaser of the share is investing $12.56 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 55.84%.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is 16% and 16.7%, respectively.

More news about Artisan Partners Asset Management.

5. CB Financial Services (CBFV) – Dividend Yield: 3.67%

CB Financial Services’s last close was $27.25, 4.02% under its 52-week high of $28.39. Intraday change was -3.08%.

CB Financial Services, Inc. operates as the bank holding company for Community Bank that provides various banking products and services for individuals and businesses in southwestern Pennsylvania, West Virginia, and Ohio. The company's primary deposit products include demand deposits, NOW accounts, money market accounts, and savings accounts, as well as time deposit products. Its loan products comprise residential real estate loans, such as one- to four-family mortgage loans, home equity installment loans, and home equity lines of credit; commercial real estate loans that are secured primarily by improved properties, such as retail facilities, office buildings, and other non-residential buildings; construction loans to individuals to finance the construction of residential dwellings, as well as for the construction of commercial properties, including hotels, apartment buildings, housing developments, and owner-occupied properties used for businesses; commercial and industrial loans, and lines of credit; consumer loans consisting of indirect auto loans, secured and unsecured loans, and lines of credit; and other loans. In addition, the company conducts insurance agency activities by offering property and casualty, commercial liability, surety, and other insurance products. It operates through its main office and 13 branch offices in Greene, Allegheny, Washington, Fayette, and Westmoreland counties in southwestern Pennsylvania; Marshall and Ohio counties in West Virginia; and Belmont County in Ohio, as well as one loan production offices in Allegheny County. The company was founded in 1901 and is headquartered in Carmichaels, Pennsylvania.

Earnings Per Share

As for profitability, CB Financial Services has a trailing twelve months EPS of $4.38.

PE Ratio

CB Financial Services has a trailing twelve months price to earnings ratio of 6.03. Meaning, the purchaser of the share is investing $6.03 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 17.33%.

Volume

Today’s last reported volume for CB Financial Services is 11247 which is 206.37% above its average volume of 3671.

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6. Otter Tail Corporation (OTTR) – Dividend Yield: 2.21%

Otter Tail Corporation’s last close was $84.55, 16.15% under its 52-week high of $100.84. Intraday change was 1.26%.

Otter Tail Corporation, together with its subsidiaries, engages in electric utility, manufacturing, and plastic pipe businesses in the United States. The company's Electric segment produces, transmits, distributes, and sells electric energy in Minnesota, North Dakota, and South Dakota; and operates as a participant in the Midcontinent Independent System Operator, Inc. markets. This segment generates electricity through coal, wind and hydro, and natural gas. It serves approximately 133,000 residential, industrial, and other commercial customers. Its Manufacturing segment engages in the contract machining, metal parts stamping, fabrication and painting, and production of plastic thermoformed horticultural containers, life science and industrial packaging, and material handling components, and extruded raw material stock for recreational vehicle, agricultural, construction, lawn and garden, and industrial and energy equipment industries. It also manufactures clamshell packing, blister packs, returnable pallets, and handling trays for shipping and storing odd-shaped or difficult-to-handle parts for customers in the horticulture, medical and life sciences, industrial, recreation, and electronics industries. The company's Plastics segment manufactures polyvinyl chloride pipes for municipal water, rural water, wastewater, storm drainage and water reclamation system, and other uses. This segment markets its products to wholesalers and distributors through independent sales representatives, company salespersons, and customer service representatives. The company was formerly known as Otter Tail Power Company and changed its name to Otter Tail Corporation in 2001. Otter Tail Corporation was founded in 1907 and is headquartered in Fergus Falls, Minnesota.

Earnings Per Share

As for profitability, Otter Tail Corporation has a trailing twelve months EPS of $7.39.

PE Ratio

Otter Tail Corporation has a trailing twelve months price to earnings ratio of 11.44. Meaning, the purchaser of the share is investing $11.44 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 21.5%.

More news about Otter Tail Corporation.

7. Lancaster Colony Corporation (LANC) – Dividend Yield: 2.11%

Lancaster Colony Corporation’s last close was $170.76, 20.69% under its 52-week high of $215.31. Intraday change was 0.48%.

Lancaster Colony Corporation engages in the manufacturing and marketing of specialty food products for the retail and foodservice channels in the United States. It operates in two segments, Retail and Foodservice. The company offers frozen garlic bread under the New York BRAND Bakery; frozen Parkerhouse style yeast and dinner rolls under the Sister Schubert's brand; salad dressings under the Marzetti, Simply Dressed, Cardini's, and Girard's brands; vegetable and fruit dips under the Marzetti brand; croutons and salad toppings under the New York BRAND Bakery, Chatham Village, and Marzetti brands; and frozen pasta under the Marzetti Frozen Pasta brand. It also manufactures and sells other products to brand license agreements, including Olive Garden dressings, Buffalo Wild Wings sauces, and Chick-fil-A sauces. The company sells its products through sales personnel, food brokers, and distributors to retailers and restaurants. Lancaster Colony Corporation was incorporated in 1961 and is based in Westerville, Ohio.

Earnings Per Share

As for profitability, Lancaster Colony Corporation has a trailing twelve months EPS of $5.76.

PE Ratio

Lancaster Colony Corporation has a trailing twelve months price to earnings ratio of 29.65. Meaning, the purchaser of the share is investing $29.65 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 17.74%.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is 5.7% and 7%, respectively.

Moving Average

Lancaster Colony Corporation’s worth is under its 50-day moving average of $186.93 and under its 200-day moving average of $186.01.

Yearly Top and Bottom Value

Lancaster Colony Corporation’s stock is valued at $170.76 at 10:15 EST, way below its 52-week high of $215.31 and above its 52-week low of $158.88.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Sep 9, 2024, the estimated forward annual dividend rate is 3.6 and the estimated forward annual dividend yield is 2.11%.

More news about Lancaster Colony Corporation.

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