Redwood Trust, Cohen & Steers Reit And, Another 3 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Redwood Trust (RWT), Cohen & Steers Reit and (RNP), Entergy Corporation (ETR) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Redwood Trust (RWT) 14.09% 2023-03-30 23:11:10
Cohen & Steers Reit and (RNP) 7.13% 2023-03-30 22:41:22
Entergy Corporation (ETR) 4.14% 2023-04-07 09:08:24
Shinhan Financial Group (SHG) 2.56% 2023-04-07 04:18:40
Matson (MATX) 2.06% 2023-03-29 15:09:09

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. Redwood Trust (RWT) – Dividend Yield: 14.09%

Redwood Trust’s last close was $6.53, 38.8% below its 52-week high of $10.67. Intraday change was -0.46%.

Redwood Trust, Inc., together with its subsidiaries, operates as a specialty finance company in the United States. The company operates through three segments: Residential Mortgage Banking, Business Purpose Mortgage Banking, and Investment Portfolio. The Residential Mortgage Banking segment operates a mortgage loan conduit that acquires residential loans from third-party originators for subsequent sale, securitization, or transfer to its investment portfolio. This segment also offers derivative financial instruments to manage risks associated with residential loans. The Business Purpose Mortgage Banking segment operates a platform that originates and acquires business purpose loans, such as single-family rental and bridge loans for subsequent securitization, sale, or transfer into its investment portfolio. The Investment Portfolio segment invests in securities retained from residential and business purpose securitization activities, and residential and small-balance multifamily bridge loans, as well as residential mortgage-backed securities issued by third parties, Freddie Mac K-Series multifamily loan securitizations and reperforming loan securitizations, servicer advance investments, home equity investments, and other housing-related investments. The company qualifies as a real estate investment trust (REIT) for federal income tax purposes. As a REIT, it intends to distribute at least 90% of its taxable income as dividends to shareholders. Redwood Trust, Inc. was incorporated in 1994 and is headquartered in Mill Valley, California.

Earnings Per Share

As for profitability, Redwood Trust has a trailing twelve months EPS of $-1.42.

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 -13.24%.

Sales Growth

Redwood Trust’s sales growth is negative 26.9% for the present quarter and 4.9% for the next.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Mar 22, 2023, the estimated forward annual dividend rate is 0.92 and the estimated forward annual dividend yield is 14.09%.

Moving Average

Redwood Trust’s worth is way under its 50-day moving average of $7.54 and way below its 200-day moving average of $7.41.

Yearly Top and Bottom Value

Redwood Trust’s stock is valued at $6.53 at 20:15 EST, way below its 52-week high of $10.67 and way above its 52-week low of $5.52.

More news about Redwood Trust.

2. Cohen & Steers Reit and (RNP) – Dividend Yield: 7.13%

Cohen & Steers Reit and’s last close was $19.02, 30.51% under its 52-week high of $27.37. Intraday change was 1.66%.

Cohen & Steers REIT and Preferred Income Fund, Inc. is a closed-ended balanced mutual fund launched by Cohen & Steers Inc. It is managed by Cohen & Steers Capital Management, Inc. The fund invests in the public equity and fixed income markets of the United States. It seeks to invest in the stocks of companies operating in the real estate sector including real estate investment trusts. For its fixed income portfolio, the fund typically invests in debt and preferred securities of companies operating across diversified sectors. It employs fundamental analysis to create its fixed income portfolio with a focus on the issuer's creditworthiness, corporate and capital structure, placement of the preferred or debt securities within that structure, momentum and other exogenous signals, and relative value versus other income security classes and for its equity portfolio also it employs fundamental analysis to create its portfolio with a focus on growth potential, earnings estimates, and the quality of management. The fund benchmarks the performance of its portfolio against the FTSE NAREIT Equity Index, S&P 500 Index, Merrill Lynch Fixed Rate Preferred Index, and FTSE NAREIT Equity REIT Index. It was formerly known as Cohen & Steers REIT & Preferred Balanced Income Fund. Cohen & Steers REIT and Preferred Income Fund, Inc. was formed on June 27, 2003 and is domiciled in the United States.

Earnings Per Share

As for profitability, Cohen & Steers Reit and has a trailing twelve months EPS of $0.38.

PE Ratio

Cohen & Steers Reit and has a trailing twelve months price to earnings ratio of 50.32. Meaning, the purchaser of the share is investing $50.32 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 negative -9.16%.

Volume

Today’s last reported volume for Cohen & Steers Reit and is 110937 which is 4.15% above its average volume of 106516.

More news about Cohen & Steers Reit and.

3. Entergy Corporation (ETR) – Dividend Yield: 4.14%

Entergy Corporation’s last close was $110.97, 12.5% below its 52-week high of $126.82. Intraday change was 0.36%.

Entergy Corporation, together with its subsidiaries, engages in the production and retail distribution of electricity in the United States. The company operates in two segments, Utility and Entergy Wholesale Commodities. The Utility segment generates, transmits, distributes, and sells electric power in portions of Arkansas, Louisiana, Mississippi, and Texas, including the City of New Orleans; and distributes natural gas. The Entergy Wholesale Commodities segment engages in the ownership, operation, and decommissioning of nuclear power plants; and ownership of interests in non-nuclear power plants that sell electric power to wholesale customers, as well as provides services to other nuclear power plant owners. It generates electricity through gas, nuclear, coal, hydro, and solar power sources. The company sells energy to retail power providers, utilities, electric power co-operatives, power trading organizations, and other power generation companies. The company's power plants have approximately 24,000 megawatts (MW) of electric generating capacity, which include 5,000 MW of nuclear power. It delivers electricity to 3 million utility customers in Arkansas, Louisiana, Mississippi, and Texas. The company was founded in 1913 and is headquartered in New Orleans, Louisiana.

Earnings Per Share

As for profitability, Entergy Corporation has a trailing twelve months EPS of $7.97.

PE Ratio

Entergy Corporation has a trailing twelve months price to earnings ratio of 13.93. Meaning, the purchaser of the share is investing $13.93 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 10.5%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 25.8%, now sitting on 13.21B for the twelve trailing months.

More news about Entergy Corporation.

4. Shinhan Financial Group (SHG) – Dividend Yield: 2.56%

Shinhan Financial Group’s last close was $26.18, 28.55% below its 52-week high of $36.64. Intraday change was -1.56%.

Shinhan Financial Group Co., Ltd. provides financial products and services in South Korea and internationally. The company operates through six segments: Banking, Credit Card, Securities, Life Insurance, Credit, and Others. It offers retail banking services, including demand, savings, and fixed deposit-taking; checking accounts; mortgage and home equity, and retail lending; electronic banking and automatic teller machines (ATM); and bill paying, payroll and check-cashing, currency exchange, and wire fund transfer services. The company also provides corporate banking services, such as investment banking, real estate financing, overseas real estate and development project financing, infrastructure and structured financing, equity/venture investments, mergers and acquisitions consulting; securitization and derivatives services comprising securities and derivative products, and foreign exchange trading; and working capital loans and facilities loans. In addition, it is involved in treasury and investment activities in international capital markets consisting of foreign currency-denominated securities trading, foreign exchange trading and services, trade-related financial services, international factoring services, and foreign banking operations. Further, the company offers trust account management, securities brokerage, and asset management services, as well as leasing and equipment financing, savings banking, loan collection and credit reporting, collective investment administration, private equity investment, and financial system development services. As of December 31, 2021, it operated a network of 784 service centers; 5,234 ATMs; 7 cash dispensers; and 85 digital kiosks. Shinhan Financial Group Co., Ltd. was founded in 1982 and is headquartered in Seoul, South Korea.

Earnings Per Share

As for profitability, Shinhan Financial Group has a trailing twelve months EPS of $7.03.

PE Ratio

Shinhan Financial Group has a trailing twelve months price to earnings ratio of 3.72. Meaning, the purchaser of the share is investing $3.72 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 9.68%.

Volume

Today’s last reported volume for Shinhan Financial Group is 116663 which is 23.74% below its average volume of 152988.

Revenue Growth

Year-on-year quarterly revenue growth grew by 7.2%, now sitting on 13.69T for the twelve trailing months.

More news about Shinhan Financial Group.

5. Matson (MATX) – Dividend Yield: 2.06%

Matson’s last close was $60.65, 51.61% below its 52-week high of $125.34. Intraday change was -0.96%.

Matson, Inc., together with its subsidiaries, provides ocean transportation and logistics services. The company's Ocean Transportation segment offers ocean freight transportation services to the domestic non-contiguous economies of Hawaii, Alaska, and Guam, as well as to other island economies in Micronesia. It primarily transports dry containers of mixed commodities, refrigerated commodities, packaged foods and beverages, building materials, automobiles, and household goods; livestock; seafood; general sustenance cargo; and garments, footwear, e-commerce, and other retail merchandise. This segment also operates an expedited service from China to Long Beach, California, and various islands in the South Pacific, as well as Okinawa, Japan; and provides container stevedoring, refrigerated cargo services, inland transportation, container equipment maintenance, and other terminal services to ocean carriers on the Hawaiian islands of Oahu, Hawaii, Maui, and Kauai, as well as in the Alaska locations of Anchorage, Kodiak, and Dutch Harbor. In addition, it offers vessel management services. The Logistics segment provides multimodal transportation brokerage services, including domestic and international rail intermodal, long-haul and regional highway trucking, specialized hauling, flat-bed and project, less-than-truckload, and expedited freight services; less-than-container load consolidation and freight forwarding services; warehousing and distribution services; and supply chain management services. It serves the U.S. military, freight forwarders, retailers, consumer goods, automobile manufacturers, and other customers. The company was formerly known as Alexander & Baldwin Holdings, Inc. and changed its name to Matson, Inc. in June 2012. Matson, Inc. was founded in 1882 and is headquartered in Honolulu, Hawaii.

Earnings Per Share

As for profitability, Matson has a trailing twelve months EPS of $27.07.

PE Ratio

Matson has a trailing twelve months price to earnings ratio of 2.22. Meaning, the purchaser of the share is investing $2.22 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 53.67%.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Feb 7, 2023, the estimated forward annual dividend rate is 1.24 and the estimated forward annual dividend yield is 2.06%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 36.7%, now sitting on 4.34B for the twelve trailing months.

More news about Matson.

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