Cohen & Steers Select, First Hawaiian, Another 2 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Cohen & Steers Select (PSF), First Hawaiian (FHB), The Bank of Princeton (BPRN) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Cohen & Steers Select (PSF) 9.21% 2024-06-17 14:23:06
First Hawaiian (FHB) 5.13% 2024-06-27 07:47:06
The Bank of Princeton (BPRN) 3.92% 2024-06-25 23:46:06
Federal Agricultural Mortgage Corporation (AGM) 3.28% 2024-06-13 15:48:05

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. Cohen & Steers Select (PSF) – Dividend Yield: 9.21%

Cohen & Steers Select’s last close was $19.46, 3.62% below its 52-week high of $20.19. Intraday change was 0%.

Cohen & Steers Select Preferred and Income Fund, Inc. is a closed ended fixed income mutual fund launched by Cohen & Steers Inc. It is managed by Cohen & Steers Capital Management, Inc. The fund invests in the fixed income markets across the globe. It also invests some portion of its portfolio in other open-end funds, closed-end funds, or exchange traded funds that invest primarily in preferred and/or debt securities. The fund seeks to invest in traditional preferred securities, hybrid-preferred securities, floating rate preferred securities, corporate debt securities, and convertible securities with maturity of ten years or more. It intends to utilize leverage in an amount up to 33.33% of its managed assets through borrowings. The fund uses fundamental analysis and focuses on factors like issuer's creditworthiness, account prevailing market factors, issuer's corporate and capital structure, and the placement of the preferred or debt securities within that structure. It benchmarks the performance of its portfolio against the BofA Merrill Lynch Fixed Rate Preferred Index, Barclays Capital U.S. Aggregate Bond Index, and a composite benchmark comprising of 50% of the BofA Merrill Lynch US Capital Securities Index and 50% of the BofA Merrill Lynch Fixed Rate Preferred Index. Cohen & Steers Select Preferred and Income Fund, Inc. was formed on August 16, 2010 and is domiciled in the United States.

Earnings Per Share

As for profitability, Cohen & Steers Select has a trailing twelve months EPS of $1.44.

PE Ratio

Cohen & Steers Select has a trailing twelve months price to earnings ratio of 13.51. Meaning, the purchaser of the share is investing $13.51 for every dollar of annual earnings.

More news about Cohen & Steers Select.

2. First Hawaiian (FHB) – Dividend Yield: 5.13%

First Hawaiian’s last close was $20.29, 12.62% under its 52-week high of $23.22. Intraday change was 0.2%.

First Hawaiian, Inc. operates as a bank holding company for First Hawaiian Bank that provides a range of banking services to consumer and commercial customers in the United States. It operates in three segments: Retail Banking, Commercial Banking, and Treasury and Other. The company accepts various deposit products, including checking and savings accounts, and time deposit accounts. It also provides residential and commercial mortgage loans, home equity lines of credit, automobile loans and leases, personal lines of credit, installment loans, and small business loans and leases, commercial lease financing, and auto dealer financing. In addition, the company offers personal installment, credit card, individual investment and financial planning, insurance protection, trust and estate, private banking, retirement planning, treasury, and merchant processing services. As of December 31, 2020, it operated 54 branches in Oahu, Maui, Hawaii, Kauai, Lanai, Guam, and Saipan. The company was formerly known as BancWest Corporation and changed its name to First Hawaiian, Inc. in April 2016. The company was founded in 1858 and is headquartered in Honolulu, Hawaii. First Hawaiian, Inc. is a subsidiary of BancWest Corporation.

Earnings Per Share

As for profitability, First Hawaiian has a trailing twelve months EPS of $1.74.

PE Ratio

First Hawaiian has a trailing twelve months price to earnings ratio of 11.66. Meaning, the purchaser of the share is investing $11.66 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 9.18%.

Stock Price Classification

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

Volatility

First Hawaiian’s last week, last month’s, and last quarter’s current intraday variation average was a positive 0.40%, a negative 0.01%, and a positive 1.14%.

First Hawaiian’s highest amplitude of average volatility was 1.19% (last week), 1.01% (last month), and 1.14% (last quarter).

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on May 17, 2024, the estimated forward annual dividend rate is 1.04 and the estimated forward annual dividend yield is 5.13%.

Moving Average

First Hawaiian’s value is below its 50-day moving average of $20.96 and below its 200-day moving average of $20.47.

More news about First Hawaiian.

3. The Bank of Princeton (BPRN) – Dividend Yield: 3.92%

The Bank of Princeton’s last close was $30.65, 19.74% below its 52-week high of $38.19. Intraday change was 0%.

Princeton Bancorp, Inc. operates as the bank holding company for The Bank of Princeton that provides various banking products and services. It accepts various deposit products, including checking, savings, attorney trust, and money market accounts, as well as certificates of deposit. The company also offers various loan products comprising commercial real estate and multi-family, commercial and industrial, construction, paycheck protection program, residential first-lien mortgage, home equity, and consumer loans. In addition, it provides debit and credit cards, and money orders, direct deposit, automated teller machines, cashier's checks, safe deposit boxes, wire transfers, night depository, remote deposit capture, bank-by-mail, online, and automated telephone banking services, as well as payroll-related services and merchant credit card processing services. Further, the company offers full on-line statements, on-line bill payment, account inquiries, transaction histories and details, and account-to-account transfer services. Princeton Bancorp, Inc. was incorporated in 2007 and is headquartered in Princeton, New Jersey.

Earnings Per Share

As for profitability, The Bank of Princeton has a trailing twelve months EPS of $3.76.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 10.28%.

Yearly Top and Bottom Value

The Bank of Princeton’s stock is valued at $0.00 at 20:15 EST, under its 52-week low of $27.00.

More news about The Bank of Princeton.

4. Federal Agricultural Mortgage Corporation (AGM) – Dividend Yield: 3.28%

Federal Agricultural Mortgage Corporation’s last close was $174.49, 12.49% below its 52-week high of $199.40. Intraday change was -0.64%.

Federal Agricultural Mortgage Corporation provides a secondary market for various loans made to borrowers in the United States. It operates through four segments: Farm & Ranch, USDA Guarantees, Rural Utilities, and Institutional Credit. The Farm & Ranch segment purchases and retains eligible mortgage loans that are secured by first liens on agricultural real estate; securitizes eligible mortgage loans, and guarantees the timely payment of principal and interest on securities representing interests in or obligations secured by pools of mortgage loans; and issues long-term standby purchase commitments (LTSPC) on designated eligible mortgage loans. The USDA Guarantees segment purchases portions of certain agricultural and rural development loans guaranteed by the United States Department of Agriculture (USDA). The Rural Utilities segment purchases and guarantees securities that are backed by eligible rural utilities loans; and issues LTSPCs for pools of eligible rural utilities loans. The Institutional Credit segment engages in purchasing and guaranteeing general obligations of lenders and other financial institutions that are secured by pools of loans eligible under the Farm & Ranch, USDA Guarantees, or Rural Utilities lines of business. Federal Agricultural Mortgage Corporation was founded in 1987 and is headquartered in Washington, District of Columbia.

Earnings Per Share

As for profitability, Federal Agricultural Mortgage Corporation has a trailing twelve months EPS of $16.4.

PE Ratio

Federal Agricultural Mortgage Corporation has a trailing twelve months price to earnings ratio of 10.57. Meaning, the purchaser of the share is investing $10.57 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 14.91%.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is 6.5% and 2.4%, respectively.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Jun 14, 2024, the estimated forward annual dividend rate is 5.6 and the estimated forward annual dividend yield is 3.28%.

Moving Average

Federal Agricultural Mortgage Corporation’s value is under its 50-day moving average of $181.22 and below its 200-day moving average of $174.82.

More news about Federal Agricultural Mortgage Corporation.

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