5 Small-Cap Dividend Stocks In The Financial Sector With High Yield – (SAN, ARCT, NCT, AINV, PSEC)
Dividend yield is a measure used to find what percentage an investor is earning in the form of dividends. The ratio tells investors to contrast the most recent dividend they received with the current market value of the share as a sign of the return they are earning on their shares. Further, investors can use it to monitor the performance of their investments and compare it with other investments.
The current market share price by dividends paid per share can be used to calculate how much they have to wait in order to cover the investment by paid dividends. The share is overvalued when this parameter is too high.
Banco Santander, S.A. (ADR) (NYSE:SAN) annual dividend yield stands at 12.36% and maintains a dividend payout ratio of 130.44%. The stock has a dividend of $0.81 annually. SAN shares traded in the range of $4.88 – $9.59 in the last 52 weeks. SAN provides a range of banking and financial products. It offers various deposit products, such as demand and time deposits, and savings and current accounts.
American Realty Capital Trust Inc (NASDAQ:ARCT) operates as a real estate investment trust. American Realty Capital Trust Inc pays a dividend of $0.70 annually. The company has an annual dividend yield of 6.24%. Shares of ARCT have been floating in the range of $5.54 – $11.35 in the last 52 weeks.
Newcastle Investment Corp (NYSE:NCT) has an annual dividend of $0.80 while keeping its dividend yield at 10.70%. The company maintains a dividend payout ratio of 57.11%. Shares of NCT have been trading in the range of $3.56 – $7.70 in the last 52 weeks. NCT operates as a real estate investment and finance company that invests in and manages a portfolio consisting primarily of real estate securities.
Apollo Investment Corp (NASDAQ:AINV) is a business development company and operates as a closed-end management investment company. Apollo Investment Corp pays a dividend of $0.80 annually. The stock has an annual dividend yield of 10.39%. Shares of AINV have been floating in the range of $5.97 – $9.48 in the last 52 weeks.
Prospect Capital Corporation (NASDAQ:PSEC) shares have been trading in the range of $7.58 – $12.00 in the last 52 weeks. The company pays a dividend of $1.22 annually and has a dividend payout ratio of 73.28%. The stock maintains an annual dividend yield of 10.92%. PSEC is a business development company.
Disclosure: The views and opinions expressed in this article are exclusively those of the authors who have no stake in any stocks mentioned, and hold no plan to acquire any stake within the next 5 days.
