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Blackrock Floating Rate, Valley National Bancorp, Another 4 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Blackrock Floating Rate (FRA), Valley National Bancorp (VLYPO), Nuveen AMT (NUW) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Blackrock Floating Rate (FRA) 8.58% 2023-01-31 03:47:19
Valley National Bancorp (VLYPO) 7.23% 2023-01-29 01:06:10
Nuveen AMT (NUW) 3.32% 2023-02-01 23:14:17
Cambridge Bancorp (CATC) 3.16% 2023-02-13 15:06:09
United Community Banks (UCBI) 2.35% 2023-02-10 03:23:17
Salisbury Bancorp (SAL) 2.12% 2023-02-08 21:09:10

A little less 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. Blackrock Floating Rate (FRA) – Dividend Yield: 8.58%

Blackrock Floating Rate’s last close was $11.84, 17.89% under its 52-week high of $14.42. Intraday change was 0.94%.

BlackRock Floating Rate Income Strategies Fund, Inc. is a close ended fixed income mutual fund launched by BlackRock, Inc. The fund is managed by BlackRock Advisors, LLC. It invests in the fixed income markets of the United States. The fund invests in bonds of companies operating across diversified sectors. It primarily invests in floating rate debt securities and instruments consisting of secured or unsecured senior floating rate loans that are rated below investment grade. BlackRock Floating Rate Income Strategies Fund, Inc. was formed on October 31, 2003 and is domiciled in the United States.

Earnings Per Share

As for profitability, Blackrock Floating Rate has a trailing twelve months EPS of $0.14.

PE Ratio

Blackrock Floating Rate has a trailing twelve months price to earnings ratio of 86.42. Meaning, the purchaser of the share is investing $86.42 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 negative -5.64%.

Yearly Top and Bottom Value

Blackrock Floating Rate’s stock is valued at $11.84 at 16:15 EST, way below its 52-week high of $14.42 and above its 52-week low of $10.92.

More news about Blackrock Floating Rate.

2. Valley National Bancorp (VLYPO) – Dividend Yield: 7.23%

Valley National Bancorp’s last close was $25.35, 1.25% below its 52-week high of $25.67. Intraday change was -0.12%.

Valley National Bancorp operates as the holding company for the Valley National Bank that provides commercial, retail, insurance, and wealth management financial services. The company operates through Commercial Lending, Consumer Lending, and Investment Management segments. Its deposit products include non-interest bearing, savings, NOW, and money market accounts, as well as certificates of deposit. The company offers various loan products comprising residential mortgage loans, automobile loans, secured personal lines of credit, and home equity loans; and floating rate and adjustable rate commercial and industrial loans, as well as fixed rate owner occupied and commercial real estate loans. It also invests in securities and interest-bearing deposits with other banks; and offers international banking services, such as standby letters of credit, documentary letters of credit and related products, and other ancillary services, such as foreign exchange transactions, documentary collections, foreign wire transfers, and transaction accounts for non-resident aliens. In addition, the company provides asset management advisory, trust, and asset-based lending support services; property and casualty, life, health, and title insurance agency services; and health care equipment lending and other commercial equipment leasing services, as well as real estate related investments. Further, it offers other banking services comprising automated teller machine, telephone and Internet banking, remote deposit capturing, overdraft, drive-in and night deposit, and safe deposit services. The company operates 238 branches in New Jersey, New York, Florida, and Alabama. Valley National Bancorp was founded in 1927 and is based in New York, New York.

Earnings Per Share

As for profitability, Valley National Bancorp has a trailing twelve months EPS of $1.11.

PE Ratio

Valley National Bancorp has a trailing twelve months price to earnings ratio of 22.84. Meaning, the purchaser of the share is investing $22.84 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 9.91%.

More news about Valley National Bancorp.

3. Nuveen AMT (NUW) – Dividend Yield: 3.32%

Nuveen AMT’s last close was $14.37, 12.11% below its 52-week high of $16.35. Intraday change was 0.63%.

Nuveen AMT-Free Municipal Value Fund is a close-ended fixed income mutual fund launched by Nuveen Investments Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in fixed income markets of the United States. The fund makes its investments in the securities of companies operating across diversified sectors. It primarily invests its assets in a portfolio of municipal securities. The fund uses value oriented strategy to make its investments. It employs a fundamental analysis with a combination of top-down and bottom-up stock picking approach to create its portfolio. The fund conducts in-house research to make its investments. Nuveen AMT-Free Municipal Value Fund was formed on November 19, 2008 and is domiciled in the United States.

Earnings Per Share

As for profitability, Nuveen AMT has a trailing twelve months EPS of $0.99.

PE Ratio

Nuveen AMT has a trailing twelve months price to earnings ratio of 14.52. Meaning, the purchaser of the share is investing $14.52 for every dollar of annual earnings.

More news about Nuveen AMT.

4. Cambridge Bancorp (CATC) – Dividend Yield: 3.16%

Cambridge Bancorp’s last close was $84.68, 8.95% under its 52-week high of $93.00. Intraday change was 0.08%.

Cambridge Bancorp operates as the bank holding company for Cambridge Trust Company that provides commercial and consumer banking, and investment management and trust services. The company accepts various deposits, such as checking and savings accounts, certificates of deposit, money market accounts, trust accounts, individual retirement accounts, and time and demand deposits. Its loan products include residential and commercial real estate loans; home equity lines of credit and term loans; commercial and industrial loans; secured and unsecured loans, lines of credit, and personal installment loans; and construction loans. The company also offers cash management, online and mobile banking, and payments services. It serves commercial enterprises, non-profit organizations, and individuals. The company operates through a network of 21 banking offices in Eastern Massachusetts and New Hampshire; and 2 wealth management offices located in Massachusetts, as well as 3 wealth management offices located in New Hampshire. Cambridge Bancorp was founded in 1890 and is headquartered in Cambridge, Massachusetts.

Earnings Per Share

As for profitability, Cambridge Bancorp has a trailing twelve months EPS of $7.3.

PE Ratio

Cambridge Bancorp has a trailing twelve months price to earnings ratio of 11.61. Meaning, the purchaser of the share is investing $11.61 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 11.08%.

More news about Cambridge Bancorp.

5. United Community Banks (UCBI) – Dividend Yield: 2.35%

United Community Banks’s last close was $32.63, 17.39% below its 52-week high of $39.50. Intraday change was -1.89%.

United Community Banks, Inc. operates as a bank holding company for the United Community Bank, a state-chartered bank that provides various banking products and services. The company accepts checking, savings, money market, negotiable order of withdrawal, time, and other deposit accounts, as well as certificates of deposit. Its loan products include commercial real estate, commercial and industrial, commercial construction, residential mortgage and construction, consumer direct loans, and indirect auto loans, as well as home equity lines of credits. The company also offers investment products; wealth management services comprising financial planning, customized portfolio management, and investment advice; trust services to manage fiduciary assets; insurance products, including life insurance, long-term care insurance, and tax-deferred annuities; reinsurance on a property insurance contract; and payment processing, merchant, wire transfer, private banking, and other financial services. It serves individuals, small businesses, mid-sized commercial businesses, and non-profit organizations. The company operates through 193 locations in Georgia, North Carolina, South Carolina, Tennessee, and Florida markets. United Community Banks, Inc. was founded in 1950 and is based in Blairsville, Georgia.

Earnings Per Share

As for profitability, United Community Banks has a trailing twelve months EPS of $2.33.

PE Ratio

United Community Banks has a trailing twelve months price to earnings ratio of 13.98. Meaning, the purchaser of the share is investing $13.98 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 10.43%.

More news about United Community Banks.

6. Salisbury Bancorp (SAL) – Dividend Yield: 2.12%

Salisbury Bancorp’s last close was $29.96, 8.63% below its 52-week high of $32.79. Intraday change was -0.96%.

Salisbury Bancorp, Inc. operates as the bank holding company for Salisbury Bank and Trust Company that provides commercial banking, consumer financing, retail banking, and trust and wealth advisory services. It offers various retail and commercial deposit products. The company also provides loans, such as residential and commercial real estate loans; construction loans; working capital loans; equipment loans; and consumer loans, including home equity loans and lines of credit, collateral loans, and auto and personal installment loans. In addition, it offers a range of fiduciary services, including trust and estate administration, wealth advisory, and investment management services to individuals, families, businesses, and institutions. Further, the company provides additional depositor related services consisting of landlord/tenant lease security accounts and services, merchant services, payroll services, ATM services, bank-by-phone services, Internet banking services, Internet bill pay services, person to person payments, bank to bank transfers, mobile banking services with remote deposit, and online financial management with account aggregation services, as well as cash management services, including remote deposit capture, ACH origination, wire transfers, and positive pay services. It operates through a network of 14 banking offices and 10 ATMs located in Litchfield County, Connecticut; Dutchess, Orange, and Ulster Counties, New York; and Berkshire County, Massachusetts. The company was founded in 1848 and is headquartered in Lakeville, Connecticut.

Earnings Per Share

As for profitability, Salisbury Bancorp has a trailing twelve months EPS of $2.74.

PE Ratio

Salisbury Bancorp has a trailing twelve months price to earnings ratio of 10.93. Meaning, the purchaser of the share is investing $10.93 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 11.98%.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Feb 8, 2023, the estimated forward annual dividend rate is 0.64 and the estimated forward annual dividend yield is 2.12%.

Yearly Top and Bottom Value

Salisbury Bancorp’s stock is valued at $29.96 at 16:15 EST, below its 52-week high of $32.79 and way higher than its 52-week low of $22.50.

Sales Growth

Salisbury Bancorp’s sales growth is 12.6% for the ongoing quarter and 10.4% for the next.

Volume

Today’s last reported volume for Salisbury Bancorp is 5693 which is 56.36% below its average volume of 13047.

More news about Salisbury Bancorp.

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