GREENWICH, Conn., Dec. 9, 2022 /PRNewswire/ — Starwood Property Trust, Inc. (NYSE: STWD) (“the Company”) today announced that the Company’s Board of Directors has declared a dividend of $0.48 per share of common stock for the quarter ending December 31, 2022. The dividend is payable on January 13, 2023 to stockholders of record as of December 30, 2022.
About Starwood Property Trust, Inc.
Starwood Property Trust (NYSE: STWD) is a leading diversified finance company with a core focus on the real estate and infrastructure sectors. An affiliate of global private investment firm, Starwood Capital Group, the Company has successfully deployed over $93 billion of capital since inception and manages a portfolio of over $27 billion across debt and equity investments. Starwood Property Trust’s investment objective is to generate attractive and stable returns for shareholders, primarily through dividends, by leveraging a premiere global organization to identify and execute on the best risk-adjusted returning investments across its target assets. Additional information can be found at www.starwoodpropertytrust.com.
Contact:
Zachary Tanenbaum
Starwood Property Trust
Phone: 203-422-7788
Email: [email protected]
SOURCE Starwood Property Trust, Inc.
RioCan Real Estate Investment Trust (OTCMKTS:RIOCF – Get Rating) announced a dividend on Wednesday, June 22nd, investing.com reports. Shareholders of record on Thursday, June 30th will be paid a dividend of 0.0657 per share on Friday, July 8th. This represents a yield of 5%. The ex-dividend date is Wednesday, June 29th.
Shares of RioCan Real Estate Investment Trust stock opened at $15.75 on Wednesday. The business’s fifty day moving average price is $17.74 and its two-hundred day moving average price is $18.36. RioCan Real Estate Investment Trust has a 1-year low of $14.81 and a 1-year high of $20.63.
RIOCF has been the topic of several recent analyst reports. National Bank Financial cut their target price on RioCan Real Estate Investment Trust from C$27.50 to C$27.00 in a research note on Thursday, May 12th. Canaccord Genuity Group lowered their price target on RioCan Real Estate Investment Trust from C$25.25 to C$24.75 in a research report on Wednesday, May 11th. BMO Capital Markets lifted their price target on RioCan Real Estate Investment Trust from C$25.75 to C$26.50 in a research report on Friday, February 25th. Royal Bank of Canada lowered their price target on RioCan Real Estate Investment Trust from C$27.00 to C$26.00 in a research report on Thursday, May 12th. Finally, TD Securities lifted their price target on RioCan Real Estate Investment Trust from C$27.00 to C$28.00 in a research report on Thursday, February 24th. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, RioCan Real Estate Investment Trust currently has an average rating of “Moderate Buy” and a consensus target price of $26.22.
About RioCan Real Estate Investment Trust (Get Rating)
RioCan is one of Canada’s largest real estate investment trusts. RioCan owns, manages and develops retail-focused, increasingly mixed-use properties located in prime, high-density transit-oriented areas where Canadians want to shop, live and work. As at September 30, 2020, our portfolio is comprised of 221 properties with an aggregate net leasable area of approximately 38.4 million square feet (at RioCan’s interest) including office, residential rental and 16 development properties.
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American Homes 4 Rent (NYSE:AMH – Get Rating) declared a quarterly dividend on Tuesday, May 3rd, Zacks reports. Stockholders of record on Wednesday, June 15th will be paid a dividend of 0.18 per share by the real estate investment trust on Thursday, June 30th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 2.00%. The ex-dividend date is Tuesday, June 14th.
American Homes 4 Rent has raised its dividend by an average of 26.0% per year over the last three years and has increased its dividend every year for the last 2 years. American Homes 4 Rent has a payout ratio of 118.0% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities research analysts expect American Homes 4 Rent to earn $1.73 per share next year, which means the company should continue to be able to cover its $0.72 annual dividend with an expected future payout ratio of 41.6%.
American Homes 4 Rent stock opened at $35.94 on Friday. The stock has a market cap of $12.52 billion, a PE ratio of 76.47, a price-to-earnings-growth ratio of 2.95 and a beta of 0.58. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.64 and a current ratio of 0.64. American Homes 4 Rent has a one year low of $34.79 and a one year high of $44.07. The stock has a fifty day moving average of $38.82 and a 200 day moving average of $39.66.
American Homes 4 Rent (NYSE:AMH – Get Rating) last posted its quarterly earnings data on Thursday, May 5th. The real estate investment trust reported $0.16 EPS for the quarter, beating analysts’ consensus estimates of $0.11 by $0.05. The company had revenue of $356.11 million during the quarter, compared to analysts’ expectations of $355.76 million. American Homes 4 Rent had a return on equity of 3.05% and a net margin of 13.74%. American Homes 4 Rent’s revenue for the quarter was up 13.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.32 earnings per share. As a group, sell-side analysts predict that American Homes 4 Rent will post 1.56 EPS for the current fiscal year.
In other news, Director Tamara Hughes Gustavson purchased 200,000 shares of the company’s stock in a transaction that occurred on Thursday, May 12th. The stock was bought at an average cost of $35.71 per share, with a total value of $7,142,000.00. Following the completion of the purchase, the director now owns 8,830,956 shares in the company, valued at $315,353,438.76. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Douglas N. Benham purchased 1,275 shares of the company’s stock in a transaction that occurred on Tuesday, March 15th. The shares were purchased at an average cost of $25.41 per share, with a total value of $32,397.75. The disclosure for this purchase can be found here. Insiders have purchased 201,981 shares of company stock valued at $7,194,098 in the last quarter. 6.03% of the stock is currently owned by company insiders.
Large investors have recently bought and sold shares of the company. Covestor Ltd lifted its stake in shares of American Homes 4 Rent by 10,152.4% in the 1st quarter. Covestor Ltd now owns 2,153 shares of the real estate investment trust’s stock valued at $86,000 after purchasing an additional 2,132 shares during the last quarter. NEXT Financial Group Inc lifted its stake in shares of American Homes 4 Rent by 13.7% in the 4th quarter. NEXT Financial Group Inc now owns 2,539 shares of the real estate investment trust’s stock valued at $110,000 after purchasing an additional 306 shares during the last quarter. Mackenzie Financial Corp bought a new stake in shares of American Homes 4 Rent in the 4th quarter valued at approximately $222,000. Virtu Financial LLC bought a new stake in shares of American Homes 4 Rent in the 4th quarter valued at approximately $223,000. Finally, MetLife Investment Management LLC purchased a new stake in shares of American Homes 4 Rent in the first quarter worth approximately $236,000. 88.49% of the stock is owned by institutional investors and hedge funds.
AMH has been the subject of a number of research reports. StockNews.com initiated coverage on American Homes 4 Rent in a research report on Thursday, March 31st. They set a “hold” rating for the company. JPMorgan Chase & Co. reduced their price target on American Homes 4 Rent from $46.00 to $44.00 and set an “overweight” rating for the company in a research report on Tuesday, March 22nd. BMO Capital Markets started coverage on American Homes 4 Rent in a research report on Thursday, April 14th. They issued an “outperform” rating and a $46.00 price target for the company. Morgan Stanley reduced their price target on American Homes 4 Rent from $41.00 to $39.00 and set an “equal weight” rating for the company in a research report on Friday, May 27th. Finally, Credit Suisse Group upped their price target on American Homes 4 Rent from $42.00 to $44.00 and gave the stock a “neutral” rating in a research report on Monday, April 25th. Seven analysts have rated the stock with a hold rating, twelve have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, American Homes 4 Rent has an average rating of “Buy” and an average target price of $45.00.
American Homes 4 Rent Company Profile (Get Rating)
American Homes 4 Rent (NYSE: AMH) is a leader in the single-family home rental industry and “American Homes 4 Rent” is fast becoming a nationally recognized brand for rental homes, known for high-quality, good value and tenant satisfaction. We are an internally managed Maryland real estate investment trust, or REIT, focused on acquiring, developing, renovating, leasing, and operating attractive, single-family homes as rental properties.
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Ediston Property Investment Company plc (LON:EPIC – Get Rating) announced a dividend on Wednesday, June 8th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, June 16th will be paid a dividend of GBX 0.42 ($0.01) per share on Thursday, June 30th. This represents a yield of 0.52%. The ex-dividend date of this dividend is Thursday, June 16th. The official announcement can be viewed at this link.
LON:EPIC remained flat at $GBX 79.60 ($1.00) during trading hours on Wednesday. 246,089 shares of the company’s stock traded hands, compared to its average volume of 651,782. The company has a debt-to-equity ratio of 54.36, a quick ratio of 22.33 and a current ratio of 22.33. Ediston Property Investment has a one year low of GBX 66.20 ($0.83) and a one year high of GBX 88 ($1.10). The firm has a fifty day simple moving average of GBX 78.35 and a 200 day simple moving average of GBX 80.08. The company has a market capitalization of £168.22 million and a P/E ratio of 4.75.
Ediston Property Investment Company Profile (Get Rating)
Ediston Property Investment Company plc a real estate investment trust externally managed by Ediston Properties Ltd. The firm invest in commercial property of United Kingdom. It was founded in 2014 and is based in Edinburgh, United Kingdom.
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OAK BROOK, Ill.–(BUSINESS WIRE)–Jun 2, 2022–
InPoint Commercial Real Estate Income, Inc. (NYSE: ICR PRA), a Maryland corporation (the “Company”), announced today that its board of directors has declared a dividend on its 6.75% Series A Cumulative Redeemable Preferred Stock. A quarterly dividend of $0.421875 per share will be paid on June 30, 2022 to holders of record on June 15, 2022.
About InPoint Commercial Real Estate Income, Inc.
InPoint Commercial Real Estate Income, Inc. is a commercial mortgage real estate investment trust that seeks to originate, acquire and manage a diversified credit portfolio secured by commercial real estate properties primarily within the United States.
View source version on businesswire.com:https://www.businesswire.com/news/home/20220602005867/en/
CONTACT: Alyssa Campbell, Inland Communications
(630) 218-2887alyssa.campbell@inlandgroup.com
KEYWORD: UNITED STATES NORTH AMERICA ILLINOIS
INDUSTRY KEYWORD: REIT FINANCE PROFESSIONAL SERVICES COMMERCIAL BUILDING & REAL ESTATE CONSTRUCTION & PROPERTY
SOURCE: InPoint Commercial Real Estate Income, Inc.
Copyright Business Wire 2022.
PUB: 06/02/2022 04:20 PM/DISC: 06/02/2022 04:22 PM
Copyright Business Wire 2022.
OAK BROOK, Ill.–(BUSINESS WIRE)–Jun 2, 2022–
InPoint Commercial Real Estate Income, Inc. (NYSE: ICR PRA), a Maryland corporation (the “Company”), announced today that its board of directors has declared a dividend on its 6.75% Series A Cumulative Redeemable Preferred Stock. A quarterly dividend of $0.421875 per share will be paid on June 30, 2022 to holders of record on June 15, 2022.
About InPoint Commercial Real Estate Income, Inc.
InPoint Commercial Real Estate Income, Inc. is a commercial mortgage real estate investment trust that seeks to originate, acquire and manage a diversified credit portfolio secured by commercial real estate properties primarily within the United States.
View source version on businesswire.com:https://www.businesswire.com/news/home/20220602005867/en/
CONTACT: Alyssa Campbell, Inland Communications
(630) 218-2887alyssa.campbell@inlandgroup.com
KEYWORD: UNITED STATES NORTH AMERICA ILLINOIS
INDUSTRY KEYWORD: REIT FINANCE PROFESSIONAL SERVICES COMMERCIAL BUILDING & REAL ESTATE CONSTRUCTION & PROPERTY
SOURCE: InPoint Commercial Real Estate Income, Inc.
Copyright Business Wire 2022.
PUB: 06/02/2022 04:20 PM/DISC: 06/02/2022 04:22 PM
Copyright Business Wire 2022.
CION Investment Co. (NYSE:CION – Get Rating) announced a quarterly dividend on Friday, March 11th, Wall Street Journal reports. Investors of record on Wednesday, June 1st will be given a dividend of 0.28 per share on Wednesday, June 8th. This represents a $1.12 annualized dividend and a dividend yield of 9.80%. The ex-dividend date is Tuesday, May 31st. This is a positive change from CION Investment’s previous quarterly dividend of $0.26.
Shares of CION Investment stock opened at $11.43 on Friday. The business has a 50 day moving average of $12.06 and a 200 day moving average of $12.65. CION Investment has a 52 week low of $9.95 and a 52 week high of $15.09. The company has a market cap of $650.94 million and a PE ratio of 10.30.
CION Investment (NYSE:CION – Get Rating) last announced its earnings results on Thursday, May 12th. The company reported $0.34 earnings per share for the quarter, beating analysts’ consensus estimates of $0.33 by $0.01. CION Investment had a net margin of 47.28% and a return on equity of 8.18%.
In other news, CEO Mark Gatto acquired 5,000 shares of CION Investment stock in a transaction on Thursday, May 19th. The shares were acquired at an average price of $10.98 per share, with a total value of $54,900.00. Following the purchase, the chief executive officer now directly owns 32,806 shares in the company, valued at approximately $360,209.88. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CFO Keith S. Franz bought 20,000 shares of the firm’s stock in a transaction dated Friday, May 13th. The shares were acquired at an average price of $10.50 per share, for a total transaction of $210,000.00. Following the completion of the transaction, the chief financial officer now directly owns 35,000 shares in the company, valued at approximately $367,500. The disclosure for this purchase can be found here. In the last quarter, insiders have purchased 26,500 shares of company stock valued at $284,010. 0.11% of the stock is owned by company insiders.
Hedge funds and other institutional investors have recently bought and sold shares of the company. Heirloom Wealth Management purchased a new stake in CION Investment in the first quarter worth about $151,000. Beacon Pointe Advisors LLC boosted its position in CION Investment by 90.5% during the 1st quarter. Beacon Pointe Advisors LLC now owns 24,920 shares of the company’s stock valued at $298,000 after acquiring an additional 11,839 shares in the last quarter. Geneos Wealth Management Inc. purchased a new position in shares of CION Investment in the 1st quarter valued at $562,000. Goldman Sachs Group Inc. bought a new position in shares of CION Investment in the 1st quarter worth $1,533,000. Finally, UBS Group AG lifted its stake in shares of CION Investment by 888.7% during the 1st quarter. UBS Group AG now owns 26,852 shares of the company’s stock worth $397,000 after purchasing an additional 24,136 shares during the last quarter. Hedge funds and other institutional investors own 3.48% of the company’s stock.
Separately, Wells Fargo & Company lowered their target price on shares of CION Investment from $12.50 to $11.50 and set an “equal weight” rating for the company in a report on Monday, April 25th.
CION Investment Company Profile (Get Rating)
CION Investment Corporation is a business development company. It specializes in investments in senior secured loans, including unitranche loans, First Lien, second lien loans, long-term subordinated loans, and mezzanine loans; equity interests such as warrants or options; and corporate bonds; and other debt securities in middle-market companies.
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BMO Commercial Property Trust Limited (LON:BCPT – Get Rating) announced a dividend on Friday, May 27th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, June 9th will be paid a dividend of GBX 0.40 ($0.01) per share on Thursday, June 30th. This represents a yield of 0.34%. The ex-dividend date is Thursday, June 9th. The official announcement can be viewed at this link.
LON BCPT traded down GBX 1.80 ($0.02) on Friday, reaching GBX 119 ($1.50). The stock had a trading volume of 1,339,042 shares, compared to its average volume of 2,183,505. The firm has a market capitalization of £873.89 million and a price-to-earnings ratio of 6.01. The company has a quick ratio of 7.70, a current ratio of 7.90 and a debt-to-equity ratio of 30.35. BMO Commercial Property Trust has a 12-month low of GBX 85.86 ($1.08) and a 12-month high of GBX 124.20 ($1.56). The stock has a fifty day moving average price of GBX 116.48 and a two-hundred day moving average price of GBX 110.33.
About BMO Commercial Property Trust (Get Rating)
The trust is a vehicle for investors who wish to gain exposure to prime UK commercial property. It is a constituent of the FTSE 250 Index and aims to provide shareholders with an attractive level of income together with the potential for capital and income growth from investing in a diversified UK commercial property portfolio.
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RioCan Real Estate Investment Trust (OTCMKTS:RIOCF – Get Rating) declared a dividend on Tuesday, May 24th, investing.com reports. Stockholders of record on Monday, May 30th will be paid a dividend of 0.0658 per share on Tuesday, June 7th. This represents a dividend yield of 4.82%. The ex-dividend date of this dividend is Friday, May 27th.
Shares of RioCan Real Estate Investment Trust stock opened at $16.38 on Tuesday. RioCan Real Estate Investment Trust has a 52-week low of $15.84 and a 52-week high of $20.63. The company’s 50 day moving average price is $19.05 and its 200-day moving average price is $18.46.
Several research analysts have recently issued reports on the stock. National Bank Financial cut their target price on shares of RioCan Real Estate Investment Trust from C$27.50 to C$27.00 in a report on Thursday, May 12th. Canaccord Genuity Group lowered their price objective on RioCan Real Estate Investment Trust from C$25.25 to C$24.75 in a research report on Wednesday, May 11th. CIBC lifted their price target on RioCan Real Estate Investment Trust from C$25.00 to C$26.50 in a research report on Friday, February 11th. Royal Bank of Canada lowered their price target on RioCan Real Estate Investment Trust from C$27.00 to C$26.00 in a research report on Thursday, May 12th. Finally, Scotiabank reduced their price objective on RioCan Real Estate Investment Trust from C$27.00 to C$26.50 in a report on Thursday, May 12th. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat.com, RioCan Real Estate Investment Trust presently has a consensus rating of “Buy” and a consensus target price of $26.22.
RioCan Real Estate Investment Trust Company Profile (Get Rating)
RioCan is one of Canada’s largest real estate investment trusts. RioCan owns, manages and develops retail-focused, increasingly mixed-use properties located in prime, high-density transit-oriented areas where Canadians want to shop, live and work. As at September 30, 2020, our portfolio is comprised of 221 properties with an aggregate net leasable area of approximately 38.4 million square feet (at RioCan’s interest) including office, residential rental and 16 development properties.
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March Madness for REITs? Here's a 'final four' for investors seeking dividend income.
Published: March 17, 2023 at 2:14 p.m. ET
“Final four” is an eye-popping term, and will signal maximum excitement for fans of the NCAA Men’s Division 1 Basketball Tournament, when we see which teams win games among the “elite eight” on March 26.
But if you are an income-seeking investor who doesn’t want to risk dividend cuts during a long period of market turmoil that might be followed by a recession, a team of analysts at Jefferies led by Jonathan Petersen has already narrowed down a group of 76 publicly traded real-estate investment trusts to its own “final four.”…
“Final four” is an eye-popping term, and will signal maximum excitement for fans of the NCAA Men’s Division 1 Basketball Tournament, when we see which teams win games among the “elite eight” on March 26.
But if you are an income-seeking investor who doesn’t want to risk dividend cuts during a long period of market turmoil that might be followed by a recession, a team of analysts at Jefferies led by Jonathan Petersen has already narrowed down a group of 76 publicly traded real-estate investment trusts to its own “final four.” These are companies with good records for increasing payouts that Petersen expects to continue doing so over the next three years.
A REIT is a company that owns property or invests in mortgage-backed securities and distributes at least 90% of its earnings to shareholders as dividends, in return for tax advantages. Most dividends received by investors are taxed as ordinary income.
There are two broad types of REITs. An equity REIT holds property and rents it out. A mortgage REIT either operates as a lender, or invests in mortgage-backed securities, or both.
Narrowing an “elite eight” of REITs to the “final four”
In a report on March 17, Peterson wrote that among 76 publicly traded U.S. REITs that have existed for at least 15 years, only 22 have been able to avoid cutting their dividends. He noted that “the list of stalwart dividend payers isn’t heavily weighted to one subsector,” and added that the key to selecting the best performers for the next 15 years “boils down to the quality and durability of its current dividend.”
For its “elite eight” REITs, Jefferies narrowed the list to companies with “solid dividend outlooks,” before narrowing further to its “final four” that it rates a “buy” and are on the firm’s “conviction list.”
Here are the Jefferies “elite eight” REIT stocks, with the “final four” bolded and topping the list. Each group is sorted by current dividend yield. The right-most column has Jefferies’ expected compound annual growth rates (CAGR) for dividend payouts from 2022 through 2025.
NSA
LXP
PEAK
VICI
GLPI
AKR
O
KIM
Click on the tickers for more about each REIT. If you are interested in any individual stock, it is best to do your own research and form your own opinion about how successful a company is likely to be over the next decade at least.
Read Tomi Kilgore’s detailed guide to the wealth of information available for free on the MarketWatch quote page.
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