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Ares Commercial Real Estate Corporation, Arbor Realty Trust, Another 8 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Ares Commercial Real Estate Corporation (ACRE), Arbor Realty Trust (ABR), Wells Fargo Advantage Global Dividend Opportunity Fund (EOD) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Ares Commercial Real Estate Corporation (ACRE) 15.24% 2024-04-20 19:08:05
Arbor Realty Trust (ABR) 13.63% 2024-04-20 17:15:06
Wells Fargo Advantage Global Dividend Opportunity Fund (EOD) 11.3% 2024-04-22 07:08:04
John Hancock (HPI) 9.33% 2024-04-23 01:12:05
Alexander & Baldwin (ALEX) 5.53% 2024-04-20 22:41:05
Southside Bancshares (SBSI) 5.33% 2024-04-13 07:43:05
ConnectOne Bancorp (CNOB) 3.93% 2024-04-27 10:07:09
Sempra Energy (SRE) 3.48% 2024-04-28 03:20:06
East West Bancorp (EWBC) 2.9% 2024-04-28 01:09:05
Kemper Corporation (KMPR) 2.12% 2024-04-23 11:10:05

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. Ares Commercial Real Estate Corporation (ACRE) – Dividend Yield: 15.24%

Ares Commercial Real Estate Corporation’s last close was $6.56, 41.64% below its 52-week high of $11.24. Intraday change was 2.34%.

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 $-0.72.

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 -5.66%.

Sales Growth

Ares Commercial Real Estate Corporation’s sales growth is negative 35.5% for the ongoing quarter and negative 30.4% for the next.

More news about Ares Commercial Real Estate Corporation.

2. Arbor Realty Trust (ABR) – Dividend Yield: 13.63%

Arbor Realty Trust’s last close was $12.62, 28.86% under its 52-week high of $17.74. Intraday change was 1.12%.

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 $1.75.

PE Ratio

Arbor Realty Trust has a trailing twelve months price to earnings ratio of 7.21. Meaning, the purchaser of the share is investing $7.21 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 12.66%.

More news about Arbor Realty Trust.

3. Wells Fargo Advantage Global Dividend Opportunity Fund (EOD) – Dividend Yield: 11.3%

Wells Fargo Advantage Global Dividend Opportunity Fund’s last close was $4.42, 9.8% under its 52-week high of $4.90. Intraday change was -0.67%.

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund is a closed-ended equity mutual fund launched and managed by Wells Fargo Funds Management, LLC. It is co-managed by Crow Point Partners, LLC and Wells Capital Management Incorporated. The fund invests in the public equity markets across the globe. It invests in stocks of companies operating across diversified sectors with an emphasis on utilities, telecom, and energy sectors. The fund primarily invests in dividend paying stocks of companies. Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund was formed on March 28, 2007 and is domiciled in the United States.

Earnings Per Share

As for profitability, Wells Fargo Advantage Global Dividend Opportunity Fund has a trailing twelve months EPS of $-0.06.

Moving Average

Wells Fargo Advantage Global Dividend Opportunity Fund’s worth is below its 50-day moving average of $4.57 and higher than its 200-day moving average of $4.32.

More news about Wells Fargo Advantage Global Dividend Opportunity Fund.

4. John Hancock (HPI) – Dividend Yield: 9.33%

John Hancock’s last close was $15.89, 5.92% below its 52-week high of $16.89. Intraday change was 1.34%.

John Hancock Preferred Income Fund is a closed ended balanced 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 public equity and 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 value stocks of companies, convertible preferred securities, and investment grade 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 was formed on August 27, 2002 and is domiciled in the United States.

Earnings Per Share

As for profitability, John Hancock has a trailing twelve months EPS of $0.03.

PE Ratio

John Hancock has a trailing twelve months price to earnings ratio of 529.67. Meaning, the purchaser of the share is investing $529.67 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 0.21%.

Moving Average

John Hancock’s value is below its 50-day moving average of $16.27 and above its 200-day moving average of $15.31.

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5. Alexander & Baldwin (ALEX) – Dividend Yield: 5.53%

Alexander & Baldwin’s last close was $16.09, 19.51% below its 52-week high of $19.99. Intraday change was 2.09%.

Alexander & Baldwin, Inc. ("A&B") is Hawai'i's premier commercial real estate company and the largest owner of grocery-anchored, neighborhood shopping centers in the state. A&B owns, operates and manages approximately 3.9 million square feet of commercial space in Hawai'i, including 22 retail centers, ten industrial assets and four office properties, as well as 154 acres of ground leases. These core assets comprise nearly 72% of A&B's total assets. A&B's non-core assets include renewable energy generation facilities, 27,000 acres of agricultural and conservation land and a vertically integrated paving business. A&B is achieving its strategic objective of becoming a Hawai'i-focused commercial real estate company by expanding and strengthening its Hawai'i CRE portfolio and monetizing non-core assets. Over its 150-year history, A&B has evolved with the state's economy and played a leadership role in the development of the agricultural, transportation, tourism, construction, residential and commercial real estate industries.

Earnings Per Share

As for profitability, Alexander & Baldwin has a trailing twelve months EPS of $0.56.

PE Ratio

Alexander & Baldwin has a trailing twelve months price to earnings ratio of 28.73. Meaning, the purchaser of the share is investing $28.73 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 3.99%.

More news about Alexander & Baldwin.

6. Southside Bancshares (SBSI) – Dividend Yield: 5.33%

Southside Bancshares’s last close was $27.01, 21.48% under its 52-week high of $34.40. Intraday change was 0.45%.

Southside Bancshares, Inc. operates as the bank holding company for Southside Bank that provides a range of financial services to individuals, businesses, municipal entities, and nonprofit organizations. Its deposit products include savings, money market, and interest and noninterest bearing checking accounts, as well as certificates of deposit. The company's loan portfolio comprises consumer loans that include 1-4 family residential loans, home equity loans, home improvement loans, automobile loans, and other consumer related loans; commercial loans, such as short-term working capital loans for inventory and accounts receivable, short and medium-term loans for equipment or other business capital expansion, commercial real estate loans, and municipal loans; and construction loans for 1-4 family residential and commercial real estate. It also offers wealth management and trust services consisting of investment management, administration, revocable and testamentary trusts, and custodian services for individuals, partnerships, and corporations; safe deposit services; and brokerage services. As of December 31, 2021, the company operated through 56 banking facilities and 73 ATMs/ITMs. Southside Bancshares, Inc. was founded in 1960 and is headquartered in Tyler, Texas.

Earnings Per Share

As for profitability, Southside Bancshares has a trailing twelve months EPS of $2.82.

PE Ratio

Southside Bancshares has a trailing twelve months price to earnings ratio of 9.58. Meaning, the purchaser of the share is investing $9.58 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 11.41%.

Sales Growth

Southside Bancshares’s sales growth is negative 3% for the ongoing quarter and 5% for the next.

Moving Average

Southside Bancshares’s value is under its 50-day moving average of $28.79 and below its 200-day moving average of $29.40.

Volume

Today’s last reported volume for Southside Bancshares is 76277 which is 43.99% below its average volume of 136195.

More news about Southside Bancshares.

7. ConnectOne Bancorp (CNOB) – Dividend Yield: 3.93%

ConnectOne Bancorp’s last close was $18.30, 25.12% under its 52-week high of $24.44. Intraday change was -0.87%.

ConnectOne Bancorp, Inc. operates as the bank holding company for ConnectOne Bank, a chartered commercial bank that provides various commercial banking products and services. The company's deposit products include personal and business checking accounts, retirement accounts, money market accounts, and time and savings accounts. It also provides consumer and commercial business loans on a secured and unsecured basis; revolving lines of credit; commercial mortgage loans; residential mortgages on primary and secondary residences; home equity loans; bridge loans; other personal purpose loans; and commercial construction and real estate loans. In addition, the company offers insurance, credit cards, wire transfers, access to automated teller services, Internet banking, treasury direct, ACH origination, mobile banking by phone, safe deposit box, and remote deposit capture services. It operates through a network of nine banking offices in Bergen County, five banking offices in Union County, two banking offices in Morris County, one office Essex County, one office in Hudson County, one office in Mercer County, one office in Monmouth County, one office in the borough of Manhattan, one office in Nassau County, and one office in Astoria, as well as six branches in the Hudson Valley. ConnectOne Bancorp, Inc. serves small-to-medium sized businesses, high net worth individuals, professional practices, and consumer and retail customers. The company was formerly known as Center Bancorp, Inc. and changed its name to ConnectOne Bancorp, Inc. in July 2014. ConnectOne Bancorp, Inc. was incorporated in 1982 and is headquartered in Englewood Cliffs, New Jersey.

Earnings Per Share

As for profitability, ConnectOne Bancorp has a trailing twelve months EPS of $1.89.

PE Ratio

ConnectOne Bancorp has a trailing twelve months price to earnings ratio of 9.68. Meaning, the purchaser of the share is investing $9.68 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 6.59%.

Volume

Today’s last reported volume for ConnectOne Bancorp is 89209 which is 49.74% below its average volume of 177512.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on May 14, 2024, the estimated forward annual dividend rate is 0.72 and the estimated forward annual dividend yield is 3.93%.

Moving Average

ConnectOne Bancorp’s worth is under its 50-day moving average of $19.18 and under its 200-day moving average of $19.66.

More news about ConnectOne Bancorp.

8. Sempra Energy (SRE) – Dividend Yield: 3.48%

Sempra Energy’s last close was $71.32, 10.05% under its 52-week high of $79.29. Intraday change was -0.81%.

Sempra operates as an energy infrastructure company in the United States and internationally. It operates through three segments: Sempra California, Sempra Texas Utilities, and Sempra Infrastructure. The Sempra California segment provides electric services; and natural gas services to San Diego County. As of December 31, 2023, it offered electric services to approximately 3.6 million population and natural gas services to approximately 3.3 million population that covers 4,100 square miles. This segment owns and operates a natural gas distribution, transmission, and storage system that supplies natural gas. As of December 31, 2023, it serves a population of 21 million covering an area of 24,000 square miles. The Sempra Texas Utilities segment engages in the regulated electricity transmission and distribution. As of December 31, 2023, its transmission system included 18,298 circuit miles of transmission lines; 1,257 transmission and distribution substations; interconnection to 173 third-party generation facilities totaling 54,277 MW; and distribution system included approximately 4.0 million points of delivery and consisted of 125,116 miles of overhead and underground lines. The Sempra Infrastructure segment develops, builds, operates, and invests in energy infrastructure to help enable the energy transition in North American markets and worldwide. The company was formerly known as Sempra Energy and changed its name to Sempra in May 2023. Sempra was founded in 1998 and is based in San Diego, California.

Earnings Per Share

As for profitability, Sempra Energy has a trailing twelve months EPS of $4.79.

PE Ratio

Sempra Energy has a trailing twelve months price to earnings ratio of 14.34. Meaning, the purchaser of the share is investing $14.34 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 11.5%.

More news about Sempra Energy.

9. East West Bancorp (EWBC) – Dividend Yield: 2.9%

East West Bancorp’s last close was $75.98, 4.48% below its 52-week high of $79.54. Intraday change was -0.5%.

East West Bancorp, Inc. operates as the bank holding company for East West Bank that provides a range of personal and commercial banking services to businesses and individuals. It operates through three segments: Consumer and Business Banking, Commercial Banking, and Other. The company accepts various deposit products, such as personal and business checking and savings accounts, money market, and time deposits. Its loan products include mortgage and home equity, commercial and residential real estate, working capital lines of credit, construction, trade finance, letters of credit, commercial business, affordable housing loans, asset-based lending, asset-backed finance, project finance, and equipment financing, as well as financing services to clients needing a financial bridge to facilitate their business transactions between the United States and China. The company also provides various wealth management, treasury management, foreign exchange, and interest rate and commodity risk hedging services; and mobile and online banking services. As of January 27, 2022, it operated approximately 120 locations in the United States and China; full-service branches in Hong Kong, Shanghai, Shantou, and Shenzhen; and representative offices in Beijing, Chongqing, Guangzhou, Taipei, and Xiamen. East West Bancorp, Inc. was incorporated in 1998 and is headquartered in Pasadena, California.

Earnings Per Share

As for profitability, East West Bancorp has a trailing twelve months EPS of $7.94.

PE Ratio

East West Bancorp has a trailing twelve months price to earnings ratio of 9.57. Meaning, the purchaser of the share is investing $9.57 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 16.86%.

More news about East West Bancorp.

10. Kemper Corporation (KMPR) – Dividend Yield: 2.12%

Kemper Corporation’s last close was $58.38, 9.75% under its 52-week high of $64.69. Intraday change was 0.57%.

Kemper Corporation, a diversified insurance holding company, provides property and casualty, and life and health insurance in the United States. The company operates through three segments: Specialty Property & Casualty Insurance, Preferred Property & Casualty Insurance, and Life & Health Insurance. It provides automobile, homeowners, renters, fire, umbrella, general liability, and other types of property and casualty insurance to individuals; and commercial automobile insurance to businesses. The company also offers life insurance, including permanent and term insurance, as well as supplemental accident and health insurance products; Medicare supplement insurance, fixed hospital indemnity, home health care, specified disease, and accident-only plans to individuals in rural, suburban, and urban areas. It distributes its products through independent agents and brokers. The company was formerly known as Unitrin, Inc. and changed its name to Kemper Corporation in August 2011. Kemper Corporation was founded in 1990 and is headquartered in Chicago, Illinois.

Earnings Per Share

As for profitability, Kemper Corporation has a trailing twelve months EPS of $-4.25.

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 -10.52%.

Volume

Today’s last reported volume for Kemper Corporation is 59539 which is 86.61% below its average volume of 444824.

Revenue Growth

Year-on-year quarterly revenue growth declined by 13.6%, now sitting on 4.94B for the twelve trailing months.

More news about Kemper Corporation.

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