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Eaton Vance Floating Rate Income Trust, Aberdeen Japan Equity Fund , Another 2 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Eaton Vance Floating Rate Income Trust (EFT), Aberdeen Japan Equity Fund (JEQ), Summit State Bank (SSBI) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Eaton Vance Floating Rate Income Trust (EFT) 11.4% 2023-04-14 15:06:08
Aberdeen Japan Equity Fund (JEQ) 7.3% 2023-04-15 16:43:07
Summit State Bank (SSBI) 3.4% 2023-04-23 19:44:07
Lakeland Financial Corporation (LKFN) 3.21% 2023-04-22 01:06:09

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. Eaton Vance Floating Rate Income Trust (EFT) – Dividend Yield: 11.4%

Eaton Vance Floating Rate Income Trust’s last close was $11.62, 14.43% under its 52-week high of $13.58. Intraday change was 0.04%.

Eaton Vance Floating-Rate Income Trust is a closed-ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in fixed income markets of the United States. It invests in fixed income securities operating across diversified sectors. The fund primarily invests in senior, secured floating rate loans. It benchmarks the performance of its portfolio against the S&P/LSTA Leveraged Loan Index. Eaton Vance Floating-Rate Income Trust was formed on June 29, 2004 and is domiciled in the United States.

Earnings Per Share

As for profitability, Eaton Vance Floating Rate Income Trust has a trailing twelve months EPS of $-0.81.

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 -5.97%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 44.5%, now sitting on 38.05M for the twelve trailing months.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Apr 20, 2023, the estimated forward annual dividend rate is 1.33 and the estimated forward annual dividend yield is 11.4%.

Volume

Today’s last reported volume for Eaton Vance Floating Rate Income Trust is 99186 which is 17.45% above its average volume of 84445.

Moving Average

Eaton Vance Floating Rate Income Trust’s value is under its 50-day moving average of $11.71 and under its 200-day moving average of $11.68.

More news about Eaton Vance Floating Rate Income Trust.

2. Aberdeen Japan Equity Fund (JEQ) – Dividend Yield: 7.3%

Aberdeen Japan Equity Fund ‘s last close was $5.43, 18.96% under its 52-week high of $6.70. Intraday change was -0.91%.

Aberdeen Japan Equity Fund, Inc. is a close ended equity mutual fund launched and managed by Aberdeen Standard Investments (Asia) Limited. It invests in the public equity markets of Japan. The fund invests in stocks of companies operating across diversified sectors. It employs quantitative analysis to build its portfolio. The fund employs a quantitative analysis to create its portfolio. It benchmarks the performance of its portfolio against the TOPIX Index. The fund was previously known as Japan Equity Fund, Inc. Aberdeen Japan Equity Fund, Inc. was formed on July 12, 1990 and is domiciled in the United States.

Earnings Per Share

As for profitability, Aberdeen Japan Equity Fund has a trailing twelve months EPS of $-3.36.

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 -39.52%.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Feb 16, 2023, the estimated forward annual dividend rate is 0.4 and the estimated forward annual dividend yield is 7.3%.

More news about Aberdeen Japan Equity Fund .

3. Summit State Bank (SSBI) – Dividend Yield: 3.4%

Summit State Bank’s last close was $14.10, 21.32% under its 52-week high of $17.92. Intraday change was -1.32%.

Summit State Bank provides various banking products and services to individuals and businesses primarily in Sonoma County, California. It offers personal and business checking, money market, sweep, savings, and demand accounts; time certificates of deposit; and specialized deposit accounts, such as professional, small business packaged, tiered, individual retirement, and other retirement plan accounts. The company also provides loans, including commercial loans and leases; lines of credit; commercial real estate, small business administration, residential mortgage, and construction loans; and home equity lines of credit, as well as term loans, credit lines to individuals, equipment loans, and business lines of credit. Its loan products also comprise loans for accounts receivable and inventory financing, loans to agriculture-related businesses, and equipment and expansion financing programs. In addition, the company provides Internet and telephone banking; and other services, such as banking by appointment, online banking, direct payroll and social security deposits, letters of credit, access to national automated teller machine networks, courier, safe deposit boxes, night depository facilities, notary, travelers checks, lockbox, and banking by mail. Further, it offers cash management and electronic bill payment services. The company operates through five depository offices located in Santa Rosa, Rohnert Park, Healdsburg, and Petaluma, as well as loan production offices in Roseville, California and Scottsdale, Arizona. Summit State Bank was founded in 1982 and is headquartered in Santa Rosa, California.

Earnings Per Share

As for profitability, Summit State Bank has a trailing twelve months EPS of $2.54.

PE Ratio

Summit State Bank has a trailing twelve months price to earnings ratio of 5.55. Meaning, the purchaser of the share is investing $5.55 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 19.64%.

Moving Average

Summit State Bank’s worth is under its 50-day moving average of $14.64 and under its 200-day moving average of $15.26.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Feb 7, 2023, the estimated forward annual dividend rate is 0.48 and the estimated forward annual dividend yield is 3.4%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 25.4%, now sitting on 47.38M for the twelve trailing months.

More news about Summit State Bank.

4. Lakeland Financial Corporation (LKFN) – Dividend Yield: 3.21%

Lakeland Financial Corporation’s last close was $56.86, 31.96% below its 52-week high of $83.57. Intraday change was -0.75%.

Lakeland Financial Corporation operates as the bank holding company for Lake City Bank that provides various banking products and services. The company accepts various deposit products, such as noninterest bearing, interest-bearing checking, savings, money market, NOW, and demand deposits. Its loan products include commercial and industrial, commercial real estate and multi-family residential, agri-business and agricultural, consumer 1-4 family mortgage, and other consumer loans. The company also offers retail and merchant credit card services; corporate treasury management, wealth advisory, and trust services; retail brokerage services, including various financial and investment products, such as annuities and life insurance; and internet business banking and on-line treasury management services. It serves commercial real estate, manufacturing, agriculture, construction, retail, wholesale, finance and insurance, accommodation and food services, and health care industries. As of December 31, 2020, the company operated 50 offices in fifteen counties, including 44 offices in northern Indiana and six offices in central Indiana. Lakeland Financial Corporation was founded in 1872 and is headquartered in Warsaw, Indiana.

Earnings Per Share

As for profitability, Lakeland Financial Corporation has a trailing twelve months EPS of $4.03.

PE Ratio

Lakeland Financial Corporation has a trailing twelve months price to earnings ratio of 14.11. Meaning, the purchaser of the share is investing $14.11 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 16.3%.

Sales Growth

Lakeland Financial Corporation’s sales growth is 22.4% for the current quarter and 14% for the next.

More news about Lakeland Financial Corporation.

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