The following financial services and real estate companies are granting their shareholders a compelling forward dividend yield, one that is beating the dividend yield of the S&P 500 index by over 300%. The index's dividend yield stood at 1.90% on Friday.
The forward dividend yields of the following stocks are based on their share prices at market close on Friday.
Arlington Asset Investment Corp. (AI, Financial) was trading for $8.59 at close on Friday. The share price declined 28% over the 52 weeks through Nov. 30, pushing the forward dividend yield up to 17.46%. The stock has outperformed the industry by 496%. The stock has a market capitalization of approximately $260.67 million, a price-book ratio of 0.86 compared to an industry median of 1.24 and a price-to-owner-earnings ratio of 4.04 versus an industry median of 15.15.
The share price is below the 200-, 100- and 50-day simple moving average lines. The 52-week range is $8.08 to $12.67.
The Washington-based investment firm is currently investing in mortgage-related assets.
GuruFocus assigned the company a financial strength rating of 4 out of 10 and a profitability and growth rating of 2 out of 10.
The stock has a recommendation rating of 2.5 out of 5 and an average target price of $9.25 per share.
Medley Management Inc. (MDLY, Financial) closed at $5.09 per share on Friday for a market capitalization of $154.4 million. For the 52 weeks through Nov. 30, the share price fell 26%, so the forward dividend yield went up to 15.72% compared to an industry median of 4.37%. The stock has a price-to-owner-earnings ratio of 4.03 versus an industry median of 13.08.
The share price is on par with the 200-day simple moving average line, below the 50-day line and above the 100-day line. The closing share price on Friday was 64.5% higher than the 52-week low of $3.1 and 40.2% lower than the 52-week high of $7.15.
Medley is the New York-based investment holding company of asset management company Medley LLC.
GuruFocus assigned the company a financial strength rating of 4 out of 10 and a profitability and growth rating of 8 out of 10.
The recommendation rating is 3 out of 5, and the average target price is $5.94 per share.
Ladder Capital Corp. (LADR, Financial) was trading around $17.65 at close on Friday. The market capitalization is about $2.07 billion. The forward dividend yield is 7.71% compared to an industry median of 5.84%. For the 52 weeks through Nov. 30, the share price has increased 28%. The price-book ratio is 1.45 versus an industry median of 1.1 and the price-earnings ratio is 8.87 versus an industry median of 15.5.
The share price is above the 200-, 100- and 50-day simple moving average lines. The 52-week range is $13.40 to $17.90 per share.
Ladder Capital is a real estate investment trust for U.S. federal income tax purposes and operates through the loans, securities and real estate segment.Â
GuruFocus assigned a financial strength rating of 3 out of 10 and a profitability and growth rating of 1 out of 10.
The recommendation rating is 1.9 out of 5 and the average target price is $18.21 per share.
Disclosure: I have no positions in any securities mentioned in this article.
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