Ares Dynamic Credit Allocation Fund, Ames National Corporation, Another 4 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Ares Dynamic Credit Allocation Fund (ARDC), Ames National Corporation (ATLO), TrustCo Bank Corp NY (TRST) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Ares Dynamic Credit Allocation Fund (ARDC) 10.33% 2023-03-09 01:15:09
Ames National Corporation (ATLO) 4.39% 2023-02-24 19:15:09
TrustCo Bank Corp NY (TRST) 3.87% 2023-03-01 22:43:16
Diamond Hill Investment Group (DHIL) 3.22% 2023-02-25 23:12:08
First Foundation (FFWM) 2.95% 2023-02-26 10:43:07
Fomento Economico Mexicano S.A.B. de C.V. (FMX) 2.09% 2023-03-09 15:55:45

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 Dynamic Credit Allocation Fund (ARDC) – Dividend Yield: 10.33%

Ares Dynamic Credit Allocation Fund’s last close was $12.49, 16.84% below its 52-week high of $15.02. Intraday change was -0.72%.

Ares Dynamic Credit Allocation Fund, Inc. is a closed-ended fixed income mutual fund launched by Ares Management LLC. The fund is managed by Ares Capital Management II LLC. It invests in the fixed income markets of Europe. The fund primarily invests in debt instruments such as senior loans made primarily to companies whose debt is rated below investment grade, corporate bonds that are primarily high yield issues rated below investment grade, debt securities issued by CLOs, and other fixed-income instruments. It focuses on such factors as the overall macroeconomic environment, financial markets, and company specific research and analysis, to create its portfolio. Ares Dynamic Credit Allocation Fund, Inc. was formed on November 27, 2012 and is domiciled in the United States.

Earnings Per Share

As for profitability, Ares Dynamic Credit Allocation Fund has a trailing twelve months EPS of $-1.72.

Moving Average

Ares Dynamic Credit Allocation Fund’s worth is higher than its 50-day moving average of $12.34 and higher than its 200-day moving average of $12.36.

More news about Ares Dynamic Credit Allocation Fund.

2. Ames National Corporation (ATLO) – Dividend Yield: 4.39%

Ames National Corporation’s last close was $24.30, 4.14% under its 52-week high of $25.35. Intraday change was -0.98%.

Ames National Corporation operates as a multi-bank holding company that provides banking products and services primarily in Boone, Clarke, Hancock, Marshall, Polk, Story, and Union counties in central, north-central, and south-central Iowa. The company accepts a range of deposits, including checking and savings accounts; and time deposits, such as money market accounts and certificates of deposit. It also provides loans, such as short-term and medium-term commercial and agricultural real estate, residential real estate loans, equipment, vehicle, and home improvement loans; personal loans and lines of credit; agricultural and business operating loans and lines of credit; and originates mortgage loans for sale into the secondary market. In addition, the company offers cash management, merchant credit card processing, safe deposit box, wire transfer, direct deposit of payroll and social security check, and automated/video teller machine access services; and automatic drafts for various accounts, as well as wealth management services. Further, it provides farm management, investment, and custodial services for individuals, businesses, and non-profit organizations; and online, mobile, and private banking services. Ames National Corporation was founded in 1903 and is based in Ames, Iowa.

Earnings Per Share

As for profitability, Ames National Corporation has a trailing twelve months EPS of $2.14.

PE Ratio

Ames National Corporation has a trailing twelve months price to earnings ratio of 11.36. Meaning, the purchaser of the share is investing $11.36 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 10.81%.

Yearly Top and Bottom Value

Ames National Corporation’s stock is valued at $24.30 at 09:15 EST, under its 52-week high of $25.35 and way higher than its 52-week low of $20.16.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Apr 27, 2023, the estimated forward annual dividend rate is 1.08 and the estimated forward annual dividend yield is 4.39%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 2.4%, now sitting on 63.8M for the twelve trailing months.

Volume

Today’s last reported volume for Ames National Corporation is 12872 which is 40.17% below its average volume of 21516.

More news about Ames National Corporation.

3. TrustCo Bank Corp NY (TRST) – Dividend Yield: 3.87%

TrustCo Bank Corp NY’s last close was $37.21, 5.46% below its 52-week high of $39.36. Intraday change was -0.67%.

TrustCo Bank Corp NY operates as the holding company for Trustco Bank, a federal savings bank that provides personal and business banking services to individuals, partnerships, and corporations. The company accepts deposits; and offers loans and investments. It also operates as a real estate investment trust that acquires, holds, and manages real estate mortgage assets, including residential mortgage loans and mortgage backed securities. In addition, the company serves as the executor of estates and trustee of personal trusts; provides asset and wealth management, estate planning and related advice, and custodial services; and acts as trustee for various types of employee benefit plans, and corporate pension and profit sharing trusts. As of December 31, 2020, it operated 148 banking offices and 164 automatic teller machines in New York, New Jersey, Vermont, Massachusetts, and Florida. The company was founded in 1902 and is headquartered in Glenville, New York.

Earnings Per Share

As for profitability, TrustCo Bank Corp NY has a trailing twelve months EPS of $0.55.

PE Ratio

TrustCo Bank Corp NY has a trailing twelve months price to earnings ratio of 67.53. Meaning, the purchaser of the share is investing $67.53 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 12.53%.

Sales Growth

TrustCo Bank Corp NY’s sales growth is 17.8% for the current quarter and 12.1% for the next.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Nov 30, 2022, the estimated forward annual dividend rate is 1.44 and the estimated forward annual dividend yield is 3.87%.

More news about TrustCo Bank Corp NY.

4. Diamond Hill Investment Group (DHIL) – Dividend Yield: 3.22%

Diamond Hill Investment Group’s last close was $176.30, 17.42% under its 52-week high of $213.50. Intraday change was -5.37%.

Diamond Hill Investment Group, Inc., together with its subsidiaries, provides investment advisory and fund administration services in the United States. It sponsors, distributes, and offers investment advisory and related services to its clients. The company also provides fund administration services, including portfolio and regulatory compliance, treasury and financial oversight, and general business management and governance of the mutual fund complex, as well as oversight of back-office service providers, such as the custodian, fund accountant, and transfer agent. The company was founded in 1990 and is based in Columbus, Ohio.

Earnings Per Share

As for profitability, Diamond Hill Investment Group has a trailing twelve months EPS of $13.82.

PE Ratio

Diamond Hill Investment Group has a trailing twelve months price to earnings ratio of 12.76. Meaning, the purchaser of the share is investing $12.76 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 19.41%.

Yearly Top and Bottom Value

Diamond Hill Investment Group’s stock is valued at $176.30 at 09:15 EST, way under its 52-week high of $213.50 and way above its 52-week low of $160.00.

Moving Average

Diamond Hill Investment Group’s value is below its 50-day moving average of $184.34 and under its 200-day moving average of $178.57.

More news about Diamond Hill Investment Group.

5. First Foundation (FFWM) – Dividend Yield: 2.95%

First Foundation’s last close was $14.94, 44.19% below its 52-week high of $26.77. Intraday change was -0.73%.

First Foundation Inc., through its subsidiaries, provides personal banking, business banking, and private wealth management services in the United States. It operates through two segments, Banking and Wealth Management. The company offers a range of bank deposit products, including personal and business checking accounts, savings accounts, interest-bearing negotiable order of withdrawal accounts, money market accounts, and time certificate of deposits; and loan products consisting of multifamily and single family residential real estate loans, commercial real estate loans, and commercial term loans and line of credits, as well as consumer loans, such as personal installment loans and line of credits, and home equity line of credits. It also provides various specialized services comprising trust services, internet and mobile banking, remote deposit capture services, merchant credit card services, ATM cards, Visa debit cards, and business sweep accounts, as well as insurance brokerage services and equipment financing solutions. In addition, the company offers investment management and financial planning services; treasury management services; advisory and coordination services in the areas of estate planning, retirement planning, and charitable and business ownership issues; and financial, investment, and economic advisory and related services. Further, it provides support services, including the processing and transmission of financial and economic data for charitable organizations. The company operates through a network of 28 branch offices and 3 loan production offices in California, Nevada, Texas, and Hawaii. First Foundation Inc. was founded in 1985 and is headquartered in Dallas, Texas.

Earnings Per Share

As for profitability, First Foundation has a trailing twelve months EPS of $1.96.

PE Ratio

First Foundation has a trailing twelve months price to earnings ratio of 7.62. Meaning, the purchaser of the share is investing $7.62 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 10.05%.

Volume

Today’s last reported volume for First Foundation is 199273 which is 50.68% below its average volume of 404098.

Moving Average

First Foundation’s worth is below its 50-day moving average of $15.03 and way below its 200-day moving average of $17.93.

Sales Growth

First Foundation’s sales growth is negative 9.5% for the present quarter and negative 14% for the next.

Revenue Growth

Year-on-year quarterly revenue growth grew by 12.3%, now sitting on 366.39M for the twelve trailing months.

More news about First Foundation.

6. Fomento Economico Mexicano S.A.B. de C.V. (FMX) – Dividend Yield: 2.09%

Fomento Economico Mexicano S.A.B. de C.V.’s last close was $89.60, 6.48% below its 52-week high of $95.81. Intraday change was -1.47%.

Fomento Económico Mexicano, S.A.B. de C.V., through its subsidiaries, operates as a bottler of Coca-Cola trademark beverages. The company produces, markets, and distributes Coca-Cola trademark beverages in Mexico, Guatemala, Nicaragua, Costa Rica, Panama, Colombia, Venezuela, Brazil, Argentina, and Uruguay. It also operates small-box retail chain stores in Mexico, Colombia, Peru, Chile, and Brazil under the OXXO name; retail service stations for fuels, motor oils, lubricants, and car care products under the OXXO GAS name in Mexico; and drugstores in Chile, Colombia, Ecuador, and Mexico under the Cruz Verde, Fybeca, SanaSana, YZA, La Moderna, and Farmacon names. In addition, the company is involved in the production and distribution of chillers, commercial refrigeration equipment, plastic boxes, food processing, and preservation and weighing equipment; and provision of logistic transportation, distribution and maintenance, point-of-sale refrigeration, and plastics solutions, as well as distribution platform for cleaning products and consumables. As of December 31, 2021, it operated 20,431 OXXO stores; 3,652 drugstores; and 567 OXXO GAS service stations. Fomento Económico Mexicano, S.A.B. de C.V. was founded in 1890 and is based in Monterrey, Mexico.

Earnings Per Share

As for profitability, Fomento Economico Mexicano S.A.B. de C.V. has a trailing twelve months EPS of $-0.27.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 11.26%.

Moving Average

Fomento Economico Mexicano S.A.B. de C.V.’s value is above its 50-day moving average of $83.43 and way higher than its 200-day moving average of $72.07.

Revenue Growth

Year-on-year quarterly revenue growth grew by 20.5%, now sitting on 639.24B for the twelve trailing months.

More news about Fomento Economico Mexicano S.A.B. de C.V..

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