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Sotherly Hotels, Hope Bancorp, Another 3 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Sotherly Hotels (SOHON), Hope Bancorp (HOPE), Ardmore Shipping Corporation (ASC) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Sotherly Hotels (SOHON) 8.63% 2023-05-17 15:11:07
Hope Bancorp (HOPE) 7.4% 2023-05-15 01:44:08
Ardmore Shipping Corporation (ASC) 6.23% 2023-05-18 23:07:08
Heartland Financial USA (HTLF) 4.25% 2023-05-26 21:06:07
Royal Bank Of Canada (RY) 4.04% 2023-05-26 14:51:05

Almost 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. Sotherly Hotels (SOHON) – Dividend Yield: 8.63%

Sotherly Hotels’s last close was $23.90, 9.47% below its 52-week high of $26.40. Intraday change was 0.04%.

Sotherly Hotels Inc. is a self-managed and self-administered lodging REIT focused on the acquisition, renovation, upbranding and repositioning of upscale to upper-upscale full-service hotels in the Southern United States. Currently, the Company's portfolio consists of investments in twelve hotel properties, comprising 3,156 rooms, as well as interests in two condominium hotels and their associated rental programs. The Company owns hotels that operate under the Hilton Worldwide, Hyatt Hotels Corporation, and Marriott International, Inc. brands, as well as independent hotels. Sotherly Hotels Inc. was organized in 2004 and is headquartered in Williamsburg, Virginia.

Earnings Per Share

As for profitability, Sotherly Hotels has a trailing twelve months EPS of $-1.66.

More news about Sotherly Hotels.

2. Hope Bancorp (HOPE) – Dividend Yield: 7.4%

Hope Bancorp’s last close was $7.57, 51.88% under its 52-week high of $15.73. Intraday change was 0.4%.

Hope Bancorp, Inc. operates as the bank holding company for Bank of Hope that provides banking services for small and medium-sized businesses, and individuals in the United States. The company accepts personal and business checking, money market, savings, time deposit, and individual retirement accounts. Its loan products include commercial loans to businesses for various purposes, such as working capital, purchasing inventory, debt refinancing, business acquisitions, and other business related financing needs; real estate loans; small business administration loans; and consumer loans, such as single-family mortgage, home equity, auto, credit card, and personal loans. The company also offers trade finance services, including the issuance and negotiation of letters of credit, as well as handles documentary collections; warehouse lines of credit to mortgage loan originators; and commercial equipment lease financing. In addition, it provides cash management services, such as remote deposit capture, lock box, and ACH origination services; investment and wealth management services; mobile banking services; debit card services; foreign exchanges services, safe deposit boxes, and other customary bank services; internet banking services; and automated teller machine services. As of January 26, 2021, the company operated 58 full-service branches in California, Washington, Texas, Illinois, New York, New Jersey, Virginia, and Alabama; SBA loan production offices in Seattle, Denver, Dallas, Atlanta, Portland, Oregon, New York City, Northern California, and Houston; commercial loan production office in Northern California and Seattle; residential mortgage loan production offices in Southern California; and a representative office in Seoul, Korea. The company was formerly known as BBCN Bancorp, Inc. and changed its name to Hope Bancorp, Inc. in August 2016. Hope Bancorp, Inc. was incorporated in 2000 and is headquartered in Los Angeles, California.

Earnings Per Share

As for profitability, Hope Bancorp has a trailing twelve months EPS of $1.64.

PE Ratio

Hope Bancorp has a trailing twelve months price to earnings ratio of 4.62. Meaning, the purchaser of the share is investing $4.62 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 9.59%.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on May 2, 2023, the estimated forward annual dividend rate is 0.56 and the estimated forward annual dividend yield is 7.4%.

Yearly Top and Bottom Value

Hope Bancorp’s stock is valued at $7.57 at 17:15 EST, way below its 52-week high of $15.73 and higher than its 52-week low of $7.42.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is a negative 27.9% and a negative 31.1%, respectively.

Sales Growth

Hope Bancorp’s sales growth is negative 5% for the current quarter and negative 13.5% for the next.

More news about Hope Bancorp.

3. Ardmore Shipping Corporation (ASC) – Dividend Yield: 6.23%

Ardmore Shipping Corporation’s last close was $12.44, 35.91% under its 52-week high of $19.41. Intraday change was 0.16%.

Ardmore Shipping Corporation engages in the seaborne transportation of petroleum products and chemicals worldwide. As of February 15, 2021, the company operated a fleet of 25 double-hulled product and chemical tankers. It serves oil majors, oil companies, oil and chemical traders, chemical companies, and pooling service providers. The company was founded in 2010 and is based in Pembroke, Bermuda.

Earnings Per Share

As for profitability, Ardmore Shipping Corporation has a trailing twelve months EPS of $4.64.

PE Ratio

Ardmore Shipping Corporation has a trailing twelve months price to earnings ratio of 2.68. Meaning, the purchaser of the share is investing $2.68 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 44.28%.

More news about Ardmore Shipping Corporation.

4. Heartland Financial USA (HTLF) – Dividend Yield: 4.25%

Heartland Financial USA’s last close was $28.47, 44.84% below its 52-week high of $51.61. Intraday change was 0.85%.

Heartland Financial USA, Inc., a multi-bank holding company, provides commercial, small business, and consumer banking products and services to individuals and businesses in the United States. It accepts various deposit products, including checking and other demand deposit accounts; NOW, savings, money market, and individual retirement accounts; certificates of deposit; and other time deposits. The company also offers commercial and industrial loans; commercial real estate and real estate mortgage loans; small business loans; agricultural loans; consumer loans comprising motor vehicle and home improvement loans, home equity line of credit, and fixed rate home equity and personal lines of credit; and credit cards for commercial, business, and personal use, as well as debit cards. In addition, it provides online banking, mobile banking, telephone banking, bill payment, automated clearing house, wire transfer, zero balance account, transaction reporting, lock box, remote deposit capture, accounts receivable, commercial purchasing card, investment sweep account, reconciliation, treasury management, foreign exchange, and various fraud prevention services, such as check and electronic positive pay, and virus/malware protection services, as well as automated teller machines. Further, the company offers investment services, such as mutual funds, annuities, retirement products, education savings products, and brokerage services, as well as vehicle, property and casualty, and life and disability insurance products. Additionally, it is involved in the community development, consumer finance, multi-line insurance agency, and property management businesses. The company operates through 133 banking locations in Iowa, Illinois, Wisconsin, New Mexico, Arizona, Montana, Colorado, Minnesota, Kansas, Missouri, Texas, and California. Heartland Financial USA, Inc. was founded in 1981 and is headquartered in Dubuque, Iowa.

Earnings Per Share

As for profitability, Heartland Financial USA has a trailing twelve months EPS of $5.01.

PE Ratio

Heartland Financial USA has a trailing twelve months price to earnings ratio of 5.68. Meaning, the purchaser of the share is investing $5.68 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 11.8%.

Moving Average

Heartland Financial USA’s worth is way under its 50-day moving average of $33.37 and way under its 200-day moving average of $43.46.

Yearly Top and Bottom Value

Heartland Financial USA’s stock is valued at $28.47 at 17:15 EST, way below its 52-week high of $51.61 and above its 52-week low of $26.10.

More news about Heartland Financial USA.

5. Royal Bank Of Canada (RY) – Dividend Yield: 4.04%

Royal Bank Of Canada’s last close was $90.41, 15.05% below its 52-week high of $106.43. Intraday change was 1.6%.

Royal Bank of Canada operates as a diversified financial service company worldwide. The company's Personal & Commercial Banking segment offers checking and savings accounts, home equity financing, personal lending, private banking, indirect lending, including auto financing, mutual funds and self-directed brokerage accounts, guaranteed investment certificates, credit cards, and payment products and solutions; and lending, leasing, deposit, investment, foreign exchange, cash management, auto dealer financing, trade products, and services to small and medium-sized commercial businesses. This segment offers financial products and services through branches, automated teller machines, and mobile sales network. Its Wealth Management segment provides a suite of advice-based solutions and strategies to high net worth and ultra-high net worth individuals, and institutional clients. The company's Insurance segment offers life, health, home, auto, travel, wealth, annuities, and reinsurance advice and solutions; and business insurance services to individual, business, and group clients through its advice centers, RBC insurance stores, and mobile advisors; digital, mobile, and social platforms; independent brokers; and travel partners. Its Investor & Treasury Services segment provides asset servicing, custody, payments, and treasury services to financial and other investors; and fund and investment administration, shareholder, private capital, performance measurement and compliance monitoring, distribution, transaction banking, cash and liquidity management, foreign exchange, and global securities finance services. The company's Capital Markets segment offers corporate and investment banking, as well as equity and debt origination, distribution, advisory services, sale, and trading services for corporations, institutional investors, asset managers, private equity firms, and governments. The company was founded in 1864 and is headquartered in Toronto, Canada.

Earnings Per Share

As for profitability, Royal Bank Of Canada has a trailing twelve months EPS of $7.79.

PE Ratio

Royal Bank Of Canada has a trailing twelve months price to earnings ratio of 11.62. Meaning, the purchaser of the share is investing $11.62 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 14.23%.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter is a negative 9.1% and positive 14.4% for the next.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Apr 23, 2023, the estimated forward annual dividend rate is 3.88 and the estimated forward annual dividend yield is 4.04%.

Yearly Top and Bottom Value

Royal Bank Of Canada’s stock is valued at $90.53 at 17:15 EST, way below its 52-week high of $106.43 and above its 52-week low of $83.63.

Sales Growth

Royal Bank Of Canada’s sales growth is 15% for the present quarter and 8.8% for the next.

More news about Royal Bank Of Canada.

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