Sotherly Hotels, W.P. Carey REIT, Another 4 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Sotherly Hotels (SOHON), W.P. Carey REIT (WPC), Canadian Imperial Bank of Commerce (CM) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Sotherly Hotels (SOHON) 9.62% 2023-11-29 21:08:06
W.P. Carey REIT (WPC) 6.6% 2023-12-05 23:08:05
Canadian Imperial Bank of Commerce (CM) 6.33% 2023-12-06 12:54:06
Pangaea Logistics Solutions Ltd. (PANL) 5.68% 2023-11-22 17:14:05
Newell Rubbermaid (NWL) 3.77% 2023-11-28 15:46:07
Wells Fargo & Company (WFC) 3.26% 2023-12-06 13:01:00

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. Sotherly Hotels (SOHON) – Dividend Yield: 9.62%

Sotherly Hotels’s last close was $21.13, 19.96% under its 52-week high of $26.40. Intraday change was 1.16%.

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%.

More news about Sotherly Hotels.

2. W.P. Carey REIT (WPC) – Dividend Yield: 6.6%

W.P. Carey REIT’s last close was $64.50, 23.37% below its 52-week high of $84.17. Intraday change was -0.57%.

Celebrating its 50th anniversary, W. P. Carey ranks among the largest net lease REITs with an enterprise value of approximately $23 billion and a well-diversified portfolio of high-quality, operationally critical commercial real estate, which includes 1,475 net lease properties covering approximately 180 million square feet and a portfolio of 85 self-storage operating properties, as of June 30, 2023. With offices in New York, London, Amsterdam and Dallas, the company remains focused on investing primarily in single-tenant, industrial, warehouse and retail properties located in the U.S. and Northern and Western Europe, under long-term net leases with built-in rent escalations.

Earnings Per Share

As for profitability, W.P. Carey REIT has a trailing twelve months EPS of $3.62.

PE Ratio

W.P. Carey REIT has a trailing twelve months price to earnings ratio of 17.82. Meaning, the purchaser of the share is investing $17.82 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 8.61%.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is a negative 1.9% and a negative 35.4%, respectively.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Sep 27, 2023, the estimated forward annual dividend rate is 4.28 and the estimated forward annual dividend yield is 6.6%.

Sales Growth

W.P. Carey REIT’s sales growth is 4.4% for the ongoing quarter and negative 4% for the next.

More news about W.P. Carey REIT.

3. Canadian Imperial Bank of Commerce (CM) – Dividend Yield: 6.33%

Canadian Imperial Bank of Commerce’s last close was $42.46, 9.52% under its 52-week high of $46.93. Intraday change was 0.33%.

Canadian Imperial Bank of Commerce, a diversified financial institution, provides various financial products and services to personal, business, public sector, and institutional clients in Canada, the United States, and internationally. The company operates through Canadian Personal and Business Banking; Canadian Commercial Banking and Wealth Management; U.S. Commercial Banking and Wealth Management; Capital Markets and Direct Financial Services; and Corporate and Other segments. It offers checking, savings, and business accounts; mortgages; business, car, and other loans; lines of credit, student lines of credit, and agriculture loans; and small business financing and overdraft protection services. The company also provides investment and insurance services; credit cards; and ATMs, as well as mobile, online, and global money and wire transfer services. Canadian Imperial Bank of Commerce was founded in 1867 and is headquartered in Toronto, Canada.

Earnings Per Share

As for profitability, Canadian Imperial Bank of Commerce has a trailing twelve months EPS of $3.81.

PE Ratio

Canadian Imperial Bank of Commerce has a trailing twelve months price to earnings ratio of 11.14. Meaning, the purchaser of the share is investing $11.14 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 9.72%.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Dec 26, 2023, the estimated forward annual dividend rate is 2.65 and the estimated forward annual dividend yield is 6.33%.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Canadian Imperial Bank of Commerce’s stock is considered to be oversold (<=20).

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4. Pangaea Logistics Solutions Ltd. (PANL) – Dividend Yield: 5.68%

Pangaea Logistics Solutions Ltd.’s last close was $7.02, 3.04% below its 52-week high of $7.24. Intraday change was 0.28%.

Pangaea Logistics Solutions, Ltd., together with its subsidiaries, provides seaborne dry bulk logistics and transportation services to industrial customers worldwide. The company offers various dry bulk cargoes, such as grains, coal, iron ore, pig iron, hot briquetted iron, bauxite, alumina, cement clinker, dolomite, and limestone. Its ocean logistics services comprise cargo loading, cargo discharge, vessel chartering, voyage planning, and technical vessel management. As of March 16, 2022, the company owned and operated a fleet of 25 vessels. Pangaea Logistics Solutions, Ltd. was founded in 1996 and is based in Newport, Rhode Island.

Earnings Per Share

As for profitability, Pangaea Logistics Solutions Ltd. has a trailing twelve months EPS of $0.89.

PE Ratio

Pangaea Logistics Solutions Ltd. has a trailing twelve months price to earnings ratio of 7.91. Meaning, the purchaser of the share is investing $7.91 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 11.48%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Pangaea Logistics Solutions Ltd.’s EBITDA is 1.04.

Sales Growth

Pangaea Logistics Solutions Ltd.’s sales growth is 6.9% for the present quarter and 24.2% for the next.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is a negative 26.5% and a negative 37.5%, respectively.

More news about Pangaea Logistics Solutions Ltd..

5. Newell Rubbermaid (NWL) – Dividend Yield: 3.77%

Newell Rubbermaid’s last close was $7.43, 55.67% under its 52-week high of $16.76. Intraday change was 2.36%.

Newell Brands Inc. engages in the design, manufacture, sourcing, and distribution of consumer and commercial products worldwide. The company operates in five segments: Commercial Solutions, Home Appliances, Home Solutions, Learning and Development, and Outdoor and Recreation. The Commercial Solutions segment provides commercial cleaning and maintenance solutions; closet and garage organization products; hygiene systems and material handling solutions; and connected home and security products under the Mapa, Quickie, Rubbermaid, Rubbermaid Commercial Products, and Spontex brands. The Home Appliances segment offers kitchen appliances under the Calphalon, Crockpot, Mr. Coffee, Oster, and Sunbeam brands. The Home Solutions segment provides food and home storage; fresh preserving; vacuum sealing; and gourmet cookware, bakeware, cutlery, and home fragrance products under the Ball, Calphalon, Chesapeake Bay Candle, FoodSaver, Rubbermaid, Sistema, WoodWick, and Yankee Candle brands. The Learning and Development segment offers writing instruments, including markers and highlighters, pens, and pencils; art products; activity-based adhesive and cutting products; labeling solutions; and baby gear and infant care products under the Aprica, Baby Jogger, Dymo, Elmer's, EXPO, Graco, Mr. Sketch, NUK, Paper Mate, Parker, Prismacolor, Sharpie, Tigex, Waterman, and X-Acto brands. The Outdoor and Recreation segment provides outdoor and outdoor-related products under the Campingaz, Coleman, Contigo, ExOfficio, and Marmot brands. It serves warehouse clubs, department and drug/grocery stores, mass merchants, home centers, commercial products distributors, specialty retailers, office superstores and supply stores, contract stationers, e-commerce retailers, sporting goods, and travel retailers, as well as direct to consumers online, select contract customers, and other professional customers. Newell Brands Inc. was founded in 1903 and is based in Atlanta, Georgia.

Earnings Per Share

As for profitability, Newell Rubbermaid has a trailing twelve months EPS of $-1.33.

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 -15.97%.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is 6.3% and 133.3%, respectively.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Newell Rubbermaid’s EBITDA is 1.

Revenue Growth

Year-on-year quarterly revenue growth declined by 9.1%, now sitting on 8.34B for the twelve trailing months.

Moving Average

Newell Rubbermaid’s worth is above its 50-day moving average of $7.56 and way below its 200-day moving average of $9.97.

More news about Newell Rubbermaid.

6. Wells Fargo & Company (WFC) – Dividend Yield: 3.26%

Wells Fargo & Company’s last close was $44.50, 8.89% below its 52-week high of $48.84. Intraday change was 0.99%.

Wells Fargo & Company, a diversified financial services company, provides banking, investment, mortgage, and consumer and commercial finance products and services in the United States and internationally. It operates through four segments: Consumer Banking and Lending; Commercial Banking; Corporate and Investment Banking; and Wealth and Investment Management. The Consumer Banking and Lending segment offers diversified financial products and services for consumers and small businesses. Its financial products and services include checking and savings accounts, and credit and debit cards, as well as home, auto, personal, and small business lending services. The Commercial Banking segment provides financial solutions to private, family owned, and certain public companies. Its products and services include banking and credit products across various industry sectors and municipalities, secured lending and lease products, and treasury management services. The Corporate and Investment Banking segment offers a suite of capital markets, banking, and financial products and services to corporate, commercial real estate, government, and institutional clients. Its products and services comprise corporate banking, investment banking, treasury management, commercial real estate lending and servicing, equity, and fixed income solutions, as well as sales, trading, and research capabilities services. The Wealth and Investment Management segment provides personalized wealth management, brokerage, financial planning, lending, private banking, and trust and fiduciary products and services to affluent, high-net worth, and ultra-high-net worth clients. It also operates through financial advisors. Its serves to independent offices and consumer banks. The company was founded in 1852 and is headquartered in San Francisco, California.

Earnings Per Share

As for profitability, Wells Fargo & Company has a trailing twelve months EPS of $4.58.

PE Ratio

Wells Fargo & Company has a trailing twelve months price to earnings ratio of 9.81. Meaning, the purchaser of the share is investing $9.81 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 9.95%.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Nov 1, 2023, the estimated forward annual dividend rate is 1.4 and the estimated forward annual dividend yield is 3.26%.

More news about Wells Fargo & Company.

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