Ladder Capital Corp Offers Attractive Dividend Yield Above 9%
On Wednesday, trading revealed that shares of Ladder Capital Corp (Symbol: LADR) yielded over 9%, based on its quarterly dividend, which is annualized to $0.92. The stock was changing hands as low as $10.16 during the day. For investors, dividends are a critical component, as they historically contribute significantly to total stock market returns.
Consider this example: If you purchased shares of the iShares Russell 3000 ETF (IWV) on May 31, 2000, at $78.27 per share, by May 31, 2012, each share was valued at $77.79, reflecting a minor loss of $0.48 or 0.6% over twelve years. However, during that time, investors would have earned $10.77 per share in dividends. This boosted the total return to 13.15%. Even with dividends reinvested, the average annual total return was around 1.0%. In this context, a sustainable yield above 9% from Ladder Capital appears appealing.
Ladder Capital Corp is a member of the Russell 3000, signifying its status as one of the largest companies in the U.S. stock market.
Assessing Dividend Stability
It’s important to remember that dividend amounts are often unpredictable. They typically fluctuate based on a company’s profitability. For investors considering Ladder Capital Corp, reviewing the dividend history chart for LADR can aid in evaluating whether the recent dividend is likely to continue, thereby helping to assess the sustainability of the 9% annual yield.
To discover more about other dividend stocks recently going on sale, scroll down.
Also see:
- Top Stocks Held By Carl Icahn
- Top Ten Hedge Funds Holding XVV
- Institutional Holders of SU
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
