Sotherly Hotels, Piedmont Office Realty Trust, Another 3 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Sotherly Hotels (SOHOB), Piedmont Office Realty Trust (PDM), Lloyds Banking Group (LYG) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Sotherly Hotels (SOHOB) 10.42% 2024-02-26 03:08:05
Piedmont Office Realty Trust (PDM) 8.08% 2024-03-02 01:42:05
Lloyds Banking Group (LYG) 5.64% 2024-03-12 15:56:35
CVB Financial Corporation (CVBF) 4.77% 2024-03-05 03:10:05
Middlesex Water Company (MSEX) 2.51% 2024-03-07 10:17:07

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 (SOHOB) – Dividend Yield: 10.42%

Sotherly Hotels’s last close was $19.20, 26.15% under its 52-week high of $26.00. Intraday change was 0.58%.

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.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 20.21%.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Feb 28, 2024, the estimated forward annual dividend rate is 2 and the estimated forward annual dividend yield is 10.42%.

More news about Sotherly Hotels.

2. Piedmont Office Realty Trust (PDM) – Dividend Yield: 8.08%

Piedmont Office Realty Trust’s last close was $6.19, 34.15% below its 52-week high of $9.40. Intraday change was -1.28%.

Piedmont Office Realty Trust, Inc. (NYSE: PDM) is an owner, manager, developer, redeveloper, and operator of high-quality, Class A office properties located primarily in major U.S. Sunbelt markets. Its approximately $5 billion portfolio is currently comprised of approximately 17 million square feet. The Company is a fully integrated, self-managed real estate investment trust (REIT) with local management offices in each of its markets and is investment-grade rated by S&P Global Ratings (BBB) and Moody's (Baa2). Piedmont is a 2023 ENERGY STAR Partner of the Year.

Earnings Per Share

As for profitability, Piedmont Office Realty Trust has a trailing twelve months EPS of $-0.39.

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 -2.71%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 1.3%, now sitting on 577.76M for the twelve trailing months.

Volume

Today’s last reported volume for Piedmont Office Realty Trust is 898674 which is 10.28% below its average volume of 1001660.

More news about Piedmont Office Realty Trust.

3. Lloyds Banking Group (LYG) – Dividend Yield: 5.64%

Lloyds Banking Group’s last close was $2.51, 0.4% higher than its 52-week high of $2.50. Intraday change was 0.4%.

Lloyds Banking Group plc, together with its subsidiaries, provides a range of banking and financial services in the United Kingdom and internationally. It operates in three segments: Retail; Commercial Banking; and Insurance, Pensions and Investments. The Retail segment offers a range of financial service products, including current accounts, savings, mortgages, motor finance, unsecured loans, leasing solutions, and credit cards to personal customers. The Commercial Banking segment provides lending, transactional banking, working capital management, risk management, and debt financing services to small and medium-sized entities, corporates, and institutions. The Insurance, Pensions, and Investments segment offers insurance, investment, and pension management products and services. It also provides digital banking services. The company offers its products and services under the Lloyds Bank, Halifax, Bank of Scotland, Scottish Widows, MBNA, Schroders Personal Wealth, Black Horse, Lex Autolease, Birmingham Midshires, LDC, AMC, Embark Group, Citra, IWeb, Cavendish Online, and Tusker brand names. Lloyds Banking Group plc was founded in 1695 and is headquartered in London, the United Kingdom.

Earnings Per Share

As for profitability, Lloyds Banking Group has a trailing twelve months EPS of $0.39.

PE Ratio

Lloyds Banking Group has a trailing twelve months price to earnings ratio of 6.44. Meaning, the purchaser of the share is investing $6.44 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 12.09%.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Apr 11, 2024, the estimated forward annual dividend rate is 0.14 and the estimated forward annual dividend yield is 5.64%.

Yearly Top and Bottom Value

Lloyds Banking Group’s stock is valued at $2.51 at 10:15 EST, higher than its 52-week high of $2.50.

More news about Lloyds Banking Group.

4. CVB Financial Corporation (CVBF) – Dividend Yield: 4.77%

CVB Financial Corporation’s last close was $16.95, 28.48% below its 52-week high of $23.70. Intraday change was 0.95%.

CVB Financial Corp. operates as a bank holding company for Citizens Business Bank, a state-chartered bank that provides banking and financial services to small to mid-sized businesses and individuals. The company offers checking, savings, money market, and time certificates of deposit products for business and personal accounts; and serves as a federal tax depository for business customers. It also provides commercial lending products comprising lines of credit and other working capital financing, accounts receivable lending, and letters of credit; loans to finance the operating needs of wholesale dairy farm operations, cattle feeders, livestock raisers, and farmers; lease financing services for municipal governments; commercial real estate and construction loans that are secured by owner-occupied and investor owned properties; and consumer financing products, including automobile leasing and financing, lines of credit, credit cards, home mortgages, and home equity loans and lines of credit. The company offers various specialized services, such as treasury management systems for monitoring cash flow, merchant card processing program, armored pick-up and delivery, payroll services, remote deposit capture, electronic funds transfers, wires and automated clearinghouse, and online account access. In addition, it provides trust services through its CitizensTrust Division, such as fiduciary services, mutual funds, annuities, 401(k) plans, and individual investment accounts. As of December 31, 2020, the company operated 57 banking centers located in the Inland Empire, Los Angeles County, Orange County, San Diego County, Ventura County, Santa Barbara County, and the Central Valley area of California; one loan production office located in Modesto, California; and three trust offices located in Ontario, Newport Beach, and Pasadena. CVB Financial Corp. was founded in 1974 and is headquartered in Ontario, California.

Earnings Per Share

As for profitability, CVB Financial Corporation has a trailing twelve months EPS of $1.61.

PE Ratio

CVB Financial Corporation has a trailing twelve months price to earnings ratio of 10.53. Meaning, the purchaser of the share is investing $10.53 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 11%.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is a negative 16.7% and a negative 10%, respectively.

Sales Growth

CVB Financial Corporation’s sales growth is negative 7% for the current quarter and 0.1% for the next.

More news about CVB Financial Corporation.

5. Middlesex Water Company (MSEX) – Dividend Yield: 2.51%

Middlesex Water Company’s last close was $51.90, 38.49% below its 52-week high of $84.38. Intraday change was 0.45%.

Middlesex Water Company owns and operates regulated water utility and wastewater systems. It operates in two segments, Regulated and Non-Regulated. The Regulated segment collects, treats, and distributes water on a retail and wholesale basis to residential, commercial, industrial, and fire protection customers in parts of New Jersey, Delaware, and Pennsylvania. This segment also includes regulated wastewater systems in New Jersey and Delaware. The Non-Regulated segment provides non-regulated contract services for the operation and maintenance of municipal and private water and wastewater systems in New Jersey and Delaware. The company was incorporated in 1896 and is headquartered in Iselin, New Jersey.

Earnings Per Share

As for profitability, Middlesex Water Company has a trailing twelve months EPS of $1.76.

PE Ratio

Middlesex Water Company has a trailing twelve months price to earnings ratio of 29.62. Meaning, the purchaser of the share is investing $29.62 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 7.62%.

Volume

Today’s last reported volume for Middlesex Water Company is 13084 which is 92.3% below its average volume of 169996.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is 39.4% and 12.7%, respectively.

More news about Middlesex Water Company.

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