Ares Capital, Lloyds Banking Group, Another 2 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Ares Capital (ARCC), Lloyds Banking Group (LYG), First Community Corporation (FCCO) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Ares Capital (ARCC) 9.49% 2024-04-01 15:24:27
Lloyds Banking Group (LYG) 5.64% 2024-04-01 12:57:19
First Community Corporation (FCCO) 3.23% 2024-03-23 13:44:09
First Bancorp (FBNC) 2.49% 2024-04-01 15:12:22

Close to 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: 9.49%

Ares Capital’s last close was $20.82, 0.82% higher than its 52-week high of $20.65. Intraday change was -2.07%.

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 $2.68.

PE Ratio

Ares Capital has a trailing twelve months price to earnings ratio of 7.61. Meaning, the purchaser of the share is investing $7.61 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 14.67%.

Sales Growth

Ares Capital’s sales growth is 6% for the ongoing quarter and 9.9% for the next.

More news about Ares Capital.

2. Lloyds Banking Group (LYG) – Dividend Yield: 5.64%

Lloyds Banking Group’s last close was $2.59, 3.6% higher than its 52-week high of $2.50. Intraday change was -0.78%.

Lloyds Banking Group plc, together with its subsidiaries, provides a range of banking and financial services in the United Kingdom and internationally. It operates in three segments: Retail; Commercial Banking; and Insurance, Pensions and Investments. The Retail segment offers a range of financial service products, including current accounts, savings, mortgages, motor finance, unsecured loans, leasing solutions, and credit cards to personal customers. The Commercial Banking segment provides lending, transactional banking, working capital management, risk management, and debt financing services to small and medium-sized entities, corporates, and institutions. The Insurance, Pensions, and Investments segment offers insurance, investment, and pension management products and services. It also provides digital banking services. The company offers its products and services under the Lloyds Bank, Halifax, Bank of Scotland, Scottish Widows, MBNA, Schroders Personal Wealth, Black Horse, Lex Autolease, Birmingham Midshires, LDC, AMC, Embark Group, Citra, IWeb, Cavendish Online, and Tusker brand names. Lloyds Banking Group plc was founded in 1695 and is headquartered in London, the United Kingdom.

Earnings Per Share

As for profitability, Lloyds Banking Group has a trailing twelve months EPS of $0.38.

PE Ratio

Lloyds Banking Group has a trailing twelve months price to earnings ratio of 6.76. Meaning, the purchaser of the share is investing $6.76 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 12.09%.

Moving Average

Lloyds Banking Group’s value is way higher than its 50-day moving average of $2.23 and way above its 200-day moving average of $2.18.

Stock Price Classification

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

More news about Lloyds Banking Group.

3. First Community Corporation (FCCO) – Dividend Yield: 3.23%

First Community Corporation’s last close was $17.40, 20.91% below its 52-week high of $22.00. Intraday change was -1.19%.

First Community Corporation operates as the bank holding company for First Community Bank which offers various commercial and retail banking products and services to small-to-medium sized businesses, professional concerns, and individuals. The company operates through Commercial and Retail Banking, Mortgage Banking, and Investment Advisory and Non-Deposit segments. Its deposit products include checking, NOW, savings, and individual retirement accounts; and demand deposits, as well as other time deposits, such as daily money market accounts and longer-term certificates of deposit. The company's loan portfolio comprises commercial loans that consist of secured and unsecured loans for working capital, business expansion, and the purchase of equipment and machinery; consumer loans, including secured and unsecured loans for financing automobiles, home improvements, education, and personal investments; real estate construction and acquisition loans; and fixed and variable rate mortgage loans. It also provides other banking services, which include online banking, internet banking, cash management, safe deposit boxes, travelers checks, direct deposit of payroll and social security checks, and automatic drafts for various accounts. In addition, the company offers non-deposit investment products and other investment brokerage services; VISA and MasterCard credit card services; investment advisory services; and insurance services. It operates 21 full-service offices located in the Lexington County, Richland County, Newberry County, Kershaw County, Greenville County, Anderson County, Pickens County, and Aiken County, South Carolina; and Richmond County and Columbia County, Georgia. The company was incorporated in 1994 and is headquartered in Lexington, South Carolina.

Earnings Per Share

As for profitability, First Community Corporation has a trailing twelve months EPS of $1.55.

PE Ratio

First Community Corporation has a trailing twelve months price to earnings ratio of 11.23. Meaning, the purchaser of the share is investing $11.23 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 9.5%.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Feb 5, 2024, the estimated forward annual dividend rate is 0.56 and the estimated forward annual dividend yield is 3.23%.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is a negative 24.4% and a negative 16.3%, respectively.

Sales Growth

First Community Corporation’s sales growth is negative 3% for the current quarter and negative 1.4% for the next.

Yearly Top and Bottom Value

First Community Corporation’s stock is valued at $17.40 at 20:15 EST, way under its 52-week high of $22.00 and higher than its 52-week low of $16.00.

More news about First Community Corporation.

4. First Bancorp (FBNC) – Dividend Yield: 2.49%

First Bancorp’s last close was $36.12, 10.1% under its 52-week high of $40.18. Intraday change was -2.1%.

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. The company accepts deposit products, such as checking, savings, and money market accounts, as well as time deposits, including certificate of deposits and individual retirement accounts. It 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, the company 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, it 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. The company 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 $2.53.

PE Ratio

First Bancorp has a trailing twelve months price to earnings ratio of 13.98. Meaning, the purchaser of the share is investing $13.98 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 8.66%.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, First Bancorp’s stock is considered to be oversold (<=20).

Volatility

First Bancorp’s last week, last month’s, and last quarter’s current intraday variation average was 0.88%, 0.34%, and 1.48%.

First Bancorp’s highest amplitude of average volatility was 1.71% (last week), 1.38% (last month), and 1.48% (last quarter).

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Dec 28, 2023, the estimated forward annual dividend rate is 0.88 and the estimated forward annual dividend yield is 2.49%.

More news about First Bancorp.

Leave a Reply

Your email address will not be published. Required fields are marked *