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Two Harbors Investment Corp, Ladder Capital Corp, Another 3 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Two Harbors Investment Corp (TWO), Ladder Capital Corp (LADR), GDL Fund, The (GDL) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Two Harbors Investment Corp (TWO) 14.08% 2024-05-13 17:14:06
Ladder Capital Corp (LADR) 8.2% 2024-05-11 15:08:05
GDL Fund, The (GDL) 6.2% 2024-05-10 19:42:05
Methode Electronics (MEI) 5.15% 2024-05-11 19:48:05
Trinity Industries (TRN) 3.59% 2024-05-13 15:46:05

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. Two Harbors Investment Corp (TWO) – Dividend Yield: 14.08%

Two Harbors Investment Corp’s last close was $12.78, 12.41% under its 52-week high of $14.59. Intraday change was -0.08%.

Two Harbors Investment Corp. operates as a real estate investment trust (REIT) that focuses on investing in, financing, and managing residential mortgage-backed securities (RMBS), mortgage servicing rights, and other financial assets in the United States. Its target assets include agency RMBS collateralized by fixed rate mortgage loans, adjustable rate mortgage loans, and hybrid adjustable-rate mortgage (ARMs); and other assets, such as financial and mortgage-related assets, including non-agency securities and non-hedging transactions. The company qualifies as a REIT for federal income tax purposes. As a REIT, the company must distribute at least 90% of annual taxable income to its stockholders. Two Harbors Investment Corp. was incorporated in 2009 and is headquartered in Minnetonka, Minnesota.

Earnings Per Share

As for profitability, Two Harbors Investment Corp has a trailing twelve months EPS of $2.18.

PE Ratio

Two Harbors Investment Corp has a trailing twelve months price to earnings ratio of 5.86. Meaning, the purchaser of the share is investing $5.86 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 12.22%.

Volume

Today’s last reported volume for Two Harbors Investment Corp is 519370 which is 52.96% below its average volume of 1104110.

Yearly Top and Bottom Value

Two Harbors Investment Corp’s stock is valued at $12.77 at 20:15 EST, way below its 52-week high of $14.59 and way above its 52-week low of $9.83.

More news about Two Harbors Investment Corp.

2. Ladder Capital Corp (LADR) – Dividend Yield: 8.2%

Ladder Capital Corp’s last close was $11.22, 6.5% below its 52-week high of $12.00. Intraday change was 0.63%.

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 $0.76.

PE Ratio

Ladder Capital Corp has a trailing twelve months price to earnings ratio of 14.76. Meaning, the purchaser of the share is investing $14.76 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 6.21%.

Yearly Top and Bottom Value

Ladder Capital Corp’s stock is valued at $11.22 at 20:15 EST, below its 52-week high of $12.00 and way above its 52-week low of $9.08.

Growth Estimates Quarters

The company’s growth estimates for the current quarter is a negative 9.1% and positive 3.2% for the next.

Moving Average

Ladder Capital Corp’s value is above its 50-day moving average of $10.85 and above its 200-day moving average of $10.78.

More news about Ladder Capital Corp.

3. GDL Fund, The (GDL) – Dividend Yield: 6.2%

GDL Fund, The’s last close was $7.84, 3.57% under its 52-week high of $8.13. Intraday change was -0.13%.

The GDL Fund is a closed-ended equity mutual fund launched by GAMCO Investors, Inc. It is managed by Gabelli Funds, LLC. The fund invests in public equity markets across the globe. It invests in stocks of companies operating across diversified sectors. The fund invests in securities of companies involved in publicly announced mergers, takeovers, tender offers, and leveraged buyouts. It also invests in companies undergoing corporate reorganizations involving stubs, spin-offs, and liquidations. The fund benchmarks the performance of its portfolio against Bank of America Merrill Lynch 3 Month U.S. Treasury Bill Index. It was formerly known as Gabelli Global Deal Fund. The GDL Fund was formed on October 17, 2006 and is domiciled in the United States.

Earnings Per Share

As for profitability, GDL Fund, The has a trailing twelve months EPS of $0.45.

PE Ratio

GDL Fund, The has a trailing twelve months price to earnings ratio of 17.41. Meaning, the purchaser of the share is investing $17.41 for every dollar of annual earnings.

Yearly Top and Bottom Value

GDL Fund, The’s stock is valued at $7.84 at 20:15 EST, under its 52-week high of $8.13 and higher than its 52-week low of $7.65.

Moving Average

GDL Fund, The’s worth is below its 50-day moving average of $7.87 and below its 200-day moving average of $7.87.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Sep 14, 2023, the estimated forward annual dividend rate is 0.48 and the estimated forward annual dividend yield is 6.2%.

Volume

Today’s last reported volume for GDL Fund, The is 9704 which is 5.82% below its average volume of 10304.

More news about GDL Fund, The.

4. Methode Electronics (MEI) – Dividend Yield: 5.15%

Methode Electronics’s last close was $10.87, 76.66% under its 52-week high of $46.58. Intraday change was -5.64%.

Methode Electronics, Inc. designs, engineers, and produces mechatronic products worldwide. It operates through four segments: Automotive, Industrial, Interface, and Medical. The Automotive segment supplies electronic and electro-mechanical devices, and related products to automobile original equipment manufacturers directly or through their tiered suppliers. Its products include integrated center consoles, hidden and ergonomic switches, transmission lead-frames, complex insert molded solutions, LED-based lighting solutions, and sensors, which incorporate magneto-elastic sensing, eddy current, or other sensing technologies that monitor the operation or status of a component or system. The Industrial segment manufactures external lighting solutions comprising driving, work, and signal lights; industrial safety radio remote controls; braided flexible cables; current-carrying laminated and powder-coated busbars; high-voltage high current connector and contracts; custom power-product assemblies, such as PowerRail solution; and high-current low-voltage flexible power cabling systems that are used in aerospace, cloud computing, commercial vehicles, construction equipment, industrial, military, power conversion, and transportation markets and applications. The Interface segment provides various copper-based transceivers and related accessories for the cloud computing hardware equipment and telecommunications broadband equipment markets; user interface solutions for the appliance, commercial food service, and point-of-sale equipment markets; and fluid-level sensors for the marine/recreational vehicle and sump pump markets. The Medical segment offers Dabir Surfaces, a surface support technology aimed at pressure injury prevention for use by patients who are immobilized or otherwise at risk for pressure injuries, including patients undergoing long-duration surgical procedures. Methode Electronics, Inc. was incorporated in 1946 and is headquartered in Chicago, Illinois.

Earnings Per Share

As for profitability, Methode Electronics has a trailing twelve months EPS of $-1.63.

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 -6.51%.

Moving Average

Methode Electronics’s value is way under its 50-day moving average of $12.93 and way below its 200-day moving average of $21.52.

Sales Growth

Methode Electronics’s sales growth for the current quarter is negative 12.3%.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Apr 11, 2024, the estimated forward annual dividend rate is 0.56 and the estimated forward annual dividend yield is 5.15%.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is a negative 190.9% and a negative 166.7%, respectively.

More news about Methode Electronics.

5. Trinity Industries (TRN) – Dividend Yield: 3.59%

Trinity Industries’s last close was $31.24, 1.08% below its 52-week high of $31.58. Intraday change was -0.8%.

Trinity Industries, Inc. provides rail transportation products and services under the TrinityRail name in North America. It operates in two segments, Railcar Leasing and Management Services Group, and Rail Products Group. The Railcar Leasing and Management Services Group segment leases freight and tank railcars; originates and manages railcar leases for third-party investors; and provides fleet maintenance and management services. As of December 31, 2022, it had a fleet of 108,440 railcars. This segment serves industrial shipper and railroad companies operating in agriculture, construction and metals, consumer products, energy, and refined products and chemicals markets. The Rail Products Group segment manufactures freight and tank railcars for transporting various liquids, gases, and dry cargo; and offers railcar maintenance and modification services. This segment serves railroads, leasing companies, and industrial shippers of products in the agriculture, construction and metals, consumer products, energy, and refined products and chemicals markets. It sells or leases products and services through its own sales personnel and independent sales representatives. Trinity Industries, Inc. was incorporated in 1933 and is headquartered in Dallas, Texas.

Earnings Per Share

As for profitability, Trinity Industries has a trailing twelve months EPS of $1.67.

PE Ratio

Trinity Industries has a trailing twelve months price to earnings ratio of 18.56. Meaning, the purchaser of the share is investing $18.56 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 12.2%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 26.2%, now sitting on 3.15B for the twelve trailing months.

More news about Trinity Industries.

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