(VIANEWS) – Ladder Capital Corp (LADR), Pimco Municipal Income Fund II (PML), PNM Resources (PNM) have the highest dividend yield stocks on this list.
| Financial Asset | Forward Dividend Yield | Updated (EST) |
|---|---|---|
| Ladder Capital Corp (LADR) | 7.88% | 2024-08-09 03:23:05 |
| Pimco Municipal Income Fund II (PML) | 5.45% | 2024-08-10 05:13:05 |
| PNM Resources (PNM) | 3.85% | 2024-08-10 07:06:05 |
| Westamerica Bancorporation (WABC) | 3.24% | 2024-07-30 19:48:06 |
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. Ladder Capital Corp (LADR) – Dividend Yield: 7.88%
Ladder Capital Corp’s last close was $11.67, 6.49% under its 52-week high of $12.48. Intraday change was 0.86%.
Ladder Capital Corp operates as a real estate investment trust in the United States. The company operates through three segments: Loans, Securities, and Real Estate. The Loans segment originates conduit first mortgage loans that are secured by cash-flowing commercial real estate; and originates and invests in balance sheet first mortgage loans secured by commercial real estate properties that are undergoing transition, including lease-up, sell-out, and renovation or repositioning. It also invests in note purchase financings, subordinated debt, mezzanine debt, and other structured finance products related to commercial real estate. The Securities segment invests in commercial mortgage-backed securities and the U.S. Agency Securities. This segment also invests in corporate bonds and real estate related equity investments. The Real Estate segment owns and invests in a portfolio of commercial and residential real estate properties, such as leased properties, student housing portfolio, industrial buildings, office buildings, shopping center, and condominium units. 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 2008 and is headquartered in New York, New York.
Earnings Per Share
As for profitability, Ladder Capital Corp has a trailing twelve months EPS of $0.79.
PE Ratio
Ladder Capital Corp has a trailing twelve months price to earnings ratio of 14.77. Meaning, the purchaser of the share is investing $14.77 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 6.46%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Jun 28, 2024, the estimated forward annual dividend rate is 0.92 and the estimated forward annual dividend yield is 7.88%.
More news about Ladder Capital Corp.
2. Pimco Municipal Income Fund II (PML) – Dividend Yield: 5.45%
Pimco Municipal Income Fund II’s last close was $8.69, 3.55% under its 52-week high of $9.01. Intraday change was 0.93%.
PIMCO Municipal Income Fund II is a closed ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Pacific Investment Management Company LLC. It invests in fixed income markets. The fund invests in stocks of companies operating across diversified sectors. It seeks to invest primarily in municipal bonds, variable rate notes, variable rate demand notes, and U.S. treasury bills. PIMCO Municipal Income Fund II was formed on June 28 2002 and is domiciled in United States.
Earnings Per Share
As for profitability, Pimco Municipal Income Fund II has a trailing twelve months EPS of $0.67.
PE Ratio
Pimco Municipal Income Fund II has a trailing twelve months price to earnings ratio of 12.97. Meaning, the purchaser of the share is investing $12.97 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 7.2%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 3.8%, now sitting on 47.61M for the twelve trailing months.
More news about Pimco Municipal Income Fund II.
3. PNM Resources (PNM) – Dividend Yield: 3.85%
PNM Resources’s last close was $40.64, 9.89% below its 52-week high of $45.10. Intraday change was -1.04%.
PNM Resources, Inc., through its subsidiaries, provides electricity and electric services in the United States. It operates through Public Service Company of New Mexico (PNM) and Texas-New Mexico Power Company (TNMP) segments. The PNM segment engages in the generation, transmission, and distribution of electricity. The segment owns and leases communication, office and other equipment, office space, vehicles, and real estate. It generates electricity using coal, natural gas and oil, nuclear fuel, solar, wind, and geothermal energy sources. The TNMP segment provides regulated transmission and distribution services. The segment also owns and leases vehicles, service facilities, and office locations throughout its service territory. The company serves residential, commercial, and industrial customers and end-users of electricity in New Mexico and Texas. PNM Resources, Inc. was founded in 1882 and is headquartered in Albuquerque, New Mexico.
Earnings Per Share
As for profitability, PNM Resources has a trailing twelve months EPS of $0.9.
PE Ratio
PNM Resources has a trailing twelve months price to earnings ratio of 46.41. Meaning, the purchaser of the share is investing $46.41 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 4.13%.
More news about PNM Resources.
4. Westamerica Bancorporation (WABC) – Dividend Yield: 3.24%
Westamerica Bancorporation’s last close was $54.31, 7.15% below its 52-week high of $58.49. Intraday change was 0.06%.
Westamerica Bancorporation operates as a bank holding company for the Westamerica Bank that provides various banking products and services to individual and commercial customers. The company accepts various deposit products, including retail savings and checking accounts, as well as certificates of deposit. Its loan portfolio includes commercial, commercial and residential real estate, real estate construction, and consumer installment loans, as well as indirect automobile loans. The company was formerly known as Independent Bankshares Corporation and changed its name to Westamerica Bancorporation in 1983. The company was founded in 1884 and is headquartered in San Rafael, California.
Earnings Per Share
As for profitability, Westamerica Bancorporation has a trailing twelve months EPS of $5.73.
PE Ratio
Westamerica Bancorporation has a trailing twelve months price to earnings ratio of 9.48. Meaning, the purchaser of the share is investing $9.48 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 20.84%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Aug 5, 2024, the estimated forward annual dividend rate is 1.76 and the estimated forward annual dividend yield is 3.24%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is a negative 20.5% and a negative 17.6%, respectively.
Sales Growth
Westamerica Bancorporation’s sales growth is negative 11.9% for the current quarter and negative 10.7% for the next.
Volume
Today’s last reported volume for Westamerica Bancorporation is 81392 which is 30.11% below its average volume of 116462.
More news about Westamerica Bancorporation.
