Ares Capital, John Hancock, Another 6 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Ares Capital (ARCC), John Hancock (HPS), PIMCO New York Municipal Income Fund III (PYN) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Ares Capital (ARCC) 9.98% 2023-09-29 12:23:56
John Hancock (HPS) 9.69% 2023-09-22 19:10:07
PIMCO New York Municipal Income Fund III (PYN) 5.29% 2023-09-24 11:07:15
Mercantile Bank Corporation (MBWM) 4.4% 2023-09-29 11:13:07
Eastman Chemical Company (EMN) 4.03% 2023-09-21 23:07:07
The Cheesecake Factory Incorporated (CAKE) 3.7% 2023-09-26 17:23:07
American National Bankshares (AMNB) 3.24% 2023-09-26 01:41:07
Employers Holdings (EIG) 2.76% 2023-09-21 21:15:07

Almost 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. Ares Capital (ARCC) – Dividend Yield: 9.98%

Ares Capital’s last close was $19.47, 4.23% below its 52-week high of $20.33. Intraday change was -0.79%.

Ares Capital Corporation is a business development company specializing in acquisition, recapitalization, mezzanine debt, restructurings, rescue financing, and leveraged buyout transactions of middle market companies. It also makes growth capital and general refinancing. It prefers to make investments in companies engaged in the basic and growth manufacturing, business services, consumer products, health care products and services, and information technology service sectors. The fund will also consider investments in industries such as restaurants, retail, oil and gas, and technology sectors. It focuses on investments in Northeast, Mid-Atlantic, Southeast and Southwest regions from its New York office, the Midwest region, from the Chicago office, and the Western region from the Los Angeles office. The fund typically invests between $20 million and $200 million and a maximum of $400 million in companies with an EBITDA between $10 million and $250 million. It makes debt investments between $10 million and $100 million The fund invests through revolvers, first lien loans, warrants, unitranche structures, second lien loans, mezzanine debt, private high yield, junior capital, subordinated debt, and non-control preferred and common equity. The fund also selectively considers third-party-led senior and subordinated debt financings and opportunistically considers the purchase of stressed and discounted debt positions. The fund prefers to be an agent and/or lead the transactions in which it invests. The fund also seeks board representation in its portfolio companies.

Earnings Per Share

As for profitability, Ares Capital has a trailing twelve months EPS of $1.64.

PE Ratio

Ares Capital has a trailing twelve months price to earnings ratio of 11.88. Meaning, the purchaser of the share is investing $11.88 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 9.01%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 32.4%, now sitting on 2.43B for the twelve trailing months.

Growth Estimates Quarters

The company’s growth estimates for the present quarter is 16% and a drop 6.3% for the next.

Yearly Top and Bottom Value

Ares Capital’s stock is valued at $19.49 at 03:15 EST, under its 52-week high of $20.33 and way higher than its 52-week low of $16.53.

Sales Growth

Ares Capital’s sales growth is 26.8% for the present quarter and 3.4% for the next.

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2. John Hancock (HPS) – Dividend Yield: 9.69%

John Hancock’s last close was $13.60, 15% under its 52-week high of $16.00. Intraday change was 0.44%.

John Hancock Preferred Income Fund III is a closed ended fixed income mutual fund launched and managed by John Hancock Investment Management LLC. It is co-managed by John Hancock Asset Management. The fund invests in the fixed income markets of the United States. It seeks to invest in securities of companies operating across diversified sectors. The fund primarily invests in preferred securities or other fixed-income securities rated investment grade or higher by Moody's or Standard & Poor's. It benchmarks the performance of its portfolio against the Bank of America Merrill Lynch Hybrid Preferred Securities Index and Barclays U.S. Aggregate Bond Index. John Hancock Preferred Income Fund III was formed on June 19, 2003 and is domiciled in the United States.

Earnings Per Share

As for profitability, John Hancock has a trailing twelve months EPS of $-0.81.

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 -6.24%.

Volume

Today’s last reported volume for John Hancock is 18551 which is 62.35% below its average volume of 49284.

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3. PIMCO New York Municipal Income Fund III (PYN) – Dividend Yield: 5.29%

PIMCO New York Municipal Income Fund III’s last close was $5.56, 36.02% under its 52-week high of $8.69. Intraday change was -1.24%.

PIMCO New York Municipal Income Fund III is a close ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Pacific Investment Management Co LLC. It invests in fixed income markets. The fund seeks to invest in stocks of companies operating across diversified sectors. It invests in a portfolio of New York municipal bonds, and other municipal bonds and notes; New York variable rate notes and other variable rate notes; New York variable rate demand notes and other variable rate demand notes; U.S. treasury bills; and call options written and put options written. PIMCO New York Municipal Income Fund III was on October 31, 2002 and is domiciled in United States.

Earnings Per Share

As for profitability, PIMCO New York Municipal Income Fund III has a trailing twelve months EPS of $0.18.

PE Ratio

PIMCO New York Municipal Income Fund III has a trailing twelve months price to earnings ratio of 30.89. Meaning, the purchaser of the share is investing $30.89 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 -15.41%.

More news about PIMCO New York Municipal Income Fund III.

4. Mercantile Bank Corporation (MBWM) – Dividend Yield: 4.4%

Mercantile Bank Corporation’s last close was $31.14, 15.84% below its 52-week high of $37.00. Intraday change was 0.71%.

Mercantile Bank Corporation operates as the bank holding company for Mercantile Bank of Michigan that provides commercial and retail banking services for small- to medium-sized businesses and individuals in the United States. It accepts various deposit products, including checking, savings, and term certificate accounts; time deposits; and certificates of deposit. The company also offers commercial, residential mortgage, and instalment loans; vacant land, land development, and residential construction loans; owner and non-owner occupied, and multi-family and residential rental property real estate loans; single-family residential real estate loans; home equity line of credit programs; and consumer loans, such as loans for new and used automobiles, boats, and credit cards, as well as overdraft protection services. In addition, it provides courier services and safe deposit facilities; repurchase agreements; and insurance products, such as private passenger automobile, homeowners, personal inland marine, boat owners, recreational vehicle, dwelling fire, umbrella policies, small business, and life insurance products, as well as owns 27 automated teller machines and 13 video banking machines. The company operates 44 banking offices. Mercantile Bank Corporation was incorporated in 1997 and is headquartered in Grand Rapids, Michigan.

Earnings Per Share

As for profitability, Mercantile Bank Corporation has a trailing twelve months EPS of $4.99.

PE Ratio

Mercantile Bank Corporation has a trailing twelve months price to earnings ratio of 6.28. Meaning, the purchaser of the share is investing $6.28 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 17.44%.

Sales Growth

Mercantile Bank Corporation’s sales growth is 9.1% for the current quarter and negative 10.4% for the next.

Moving Average

Mercantile Bank Corporation’s value is under its 50-day moving average of $33.54 and below its 200-day moving average of $31.43.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter is 14.9% and a drop 20.4% for the next.

More news about Mercantile Bank Corporation.

5. Eastman Chemical Company (EMN) – Dividend Yield: 4.03%

Eastman Chemical Company’s last close was $76.67, 16.85% below its 52-week high of $92.21. Intraday change was -2.23%.

Eastman Chemical Company operates as a specialty materials company in the United States and internationally. The company's Additives & Functional Products segment offers hydrocarbon and rosin resins; organic acid-based solutions; amine derivative-based building blocks; metam-based soil fumigants, thiram and ziram based fungicides, and plant growth regulators; specialty coalescent, specialty and commodity solvents, paint additives, and specialty polymers; heat transfer and aviation fluids; insoluble sulfur and anti-degradant rubber additives; and performance resins. It serves transportation, personal care, wellness, food, feed, agriculture, building and construction, water treatment, energy, consumables, durables, and electronics markets. Its Advanced Materials segment provides copolyesters, cellulosic biopolymers, cellulose esters, polyvinyl butyral (PVB) sheets, and window and protective films, and aftermarket applied film products for value-added end uses in the transportation, durables, electronics, building and construction, medical and pharma, and consumables markets. The company's Chemical Intermediates segment offers methylamines and salts higher amines and solvents; Olefin and acetyl derivatives, ethylene, and commodity solvents; and primary non-phthalate and phthalate plasticizers, and niche non- phthalate plasticizers to the industrial chemicals and processing, building and construction, health and wellness, and agrochemicals. Its Fibers segment provides cellulose acetate tow, triacetin, cellulose acetate flake, acetic acid, and acetic anhydride for use in filtration media primarily cigarette filters; natural and solution dyed acetate yarns for use in consumables, and health and wellness markets; and wet-laid nonwoven media, specialty and engineered papers, and cellulose acetate fibers for transportation, industrial, agriculture and mining, and aerospace markets. Eastman Chemical Company was founded in 1920 and is headquartered in Kingsport, Tennessee.

Earnings Per Share

As for profitability, Eastman Chemical Company has a trailing twelve months EPS of $5.92.

PE Ratio

Eastman Chemical Company has a trailing twelve months price to earnings ratio of 12.95. Meaning, the purchaser of the share is investing $12.95 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 13.18%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 16.5%, now sitting on 9.82B for the twelve trailing months.

More news about Eastman Chemical Company.

6. The Cheesecake Factory Incorporated (CAKE) – Dividend Yield: 3.7%

The Cheesecake Factory Incorporated’s last close was $28.93, 29.92% below its 52-week high of $41.28. Intraday change was 0%.

The Cheesecake Factory Incorporated operates restaurants. It operates two bakeries that produces cheesecakes and other baked products for its restaurants, international licensees, third-party bakery customers, external foodservice operators, retailers, and distributors. As of October 27, 2022, the company owned and operated 312 restaurants in the United States and Canada under brands, including The Cheesecake Factory, North Italia, and a collection of Fox Restaurant Concepts, as well as 29 The Cheesecake Factory restaurants under licensing agreements internationally. The Cheesecake Factory Incorporated was founded in 1972 and is headquartered in Calabasas, California.

Earnings Per Share

As for profitability, The Cheesecake Factory Incorporated has a trailing twelve months EPS of $1.33.

PE Ratio

The Cheesecake Factory Incorporated has a trailing twelve months price to earnings ratio of 21.75. Meaning, the purchaser of the share is investing $21.75 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 18.92%.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Aug 14, 2023, the estimated forward annual dividend rate is 1.08 and the estimated forward annual dividend yield is 3.7%.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is 1600% and 44.6%, respectively.

Yearly Top and Bottom Value

The Cheesecake Factory Incorporated’s stock is valued at $28.93 at 03:15 EST, way under its 52-week high of $41.28 and higher than its 52-week low of $28.48.

Volume

Today’s last reported volume for The Cheesecake Factory Incorporated is 770359 which is 11.96% below its average volume of 875023.

More news about The Cheesecake Factory Incorporated.

7. American National Bankshares (AMNB) – Dividend Yield: 3.24%

American National Bankshares’s last close was $37.68, 14.25% below its 52-week high of $43.94. Intraday change was 1.89%.

American National Bankshares Inc. operates as the bank holding company for American National Bank and Trust Company that provides financial products and services in Virginia and North Carolina. The company operates through two segments, Community Banking, and Trust and Investment Services. It accepts deposit products, including checking, money market, savings, and consumer and commercial time deposits, as well as certificates of deposit. The company's loan products comprise commercial and residential real estate loans, commercial loans to small and medium-sized businesses, construction and land development loans, home equity loans, mortgage loans, and consumer loans. It also offers trust and investment services, such as estate planning, trust account administration, and retail brokerage services; online and telephone banking services; insurance services; and investment management services, including purchasing equity, fixed income, and mutual fund investments for customer accounts, as well as operates 37 automated teller machines. As of December 31, 2020, it operated 26 banking offices; and one loan production offices in Roanoke, Virginia. American National Bankshares Inc. was founded in 1909 and is headquartered in Danville, Virginia.

Earnings Per Share

As for profitability, American National Bankshares has a trailing twelve months EPS of $3.16.

PE Ratio

American National Bankshares has a trailing twelve months price to earnings ratio of 11.92. Meaning, the purchaser of the share is investing $11.92 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%.

More news about American National Bankshares.

8. Employers Holdings (EIG) – Dividend Yield: 2.76%

Employers Holdings’s last close was $41.13, 11.98% below its 52-week high of $46.73. Intraday change was 1.28%.

Employers Holdings, Inc., through its subsidiaries, operates in the commercial property and casualty insurance industry primarily in the United States. It offers workers' compensation insurance to small businesses in low to medium hazard industries. The company markets its products through independent local, regional, and national agents and brokers; alternative distribution channels; and national, regional, and local trade groups and associations, as well as directly to customers. Employers Holdings, Inc. was founded in 2000 and is based in Reno, Nevada.

Earnings Per Share

As for profitability, Employers Holdings has a trailing twelve months EPS of $4.56.

PE Ratio

Employers Holdings has a trailing twelve months price to earnings ratio of 9.02. Meaning, the purchaser of the share is investing $9.02 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 12.93%.

Moving Average

Employers Holdings’s worth is higher than its 50-day moving average of $38.73 and above its 200-day moving average of $40.45.

Volume

Today’s last reported volume for Employers Holdings is 91659 which is 24.47% below its average volume of 121355.

Sales Growth

Employers Holdings’s sales growth is 5% for the present quarter and negative 1.1% for the next.

Revenue Growth

Year-on-year quarterly revenue growth grew by 59.1%, now sitting on 847.9M for the twelve trailing months.

More news about Employers Holdings.

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