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John Hancock Financial Opportunities Fund, Wintrust Financial Corporation, Another 5 Companies Have A High Estimated Dividend Yield

(VIANEWS) – John Hancock Financial Opportunities Fund (BTO), Wintrust Financial Corporation (WTFCM), Newtek Business Services Corp. (NEWT) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
John Hancock Financial Opportunities Fund (BTO) 9.49% 2024-03-16 15:46:06
Wintrust Financial Corporation (WTFCM) 7.05% 2024-03-15 19:23:06
Newtek Business Services Corp. (NEWT) 6.18% 2024-03-07 11:49:07
Mexico Fund (MXF) 5.31% 2024-03-01 13:23:06
M.D.C. Holdings (MDC) 3.43% 2024-03-01 05:15:06
Trustmark Corporation (TRMK) 3.41% 2024-03-09 05:12:06
JD.com (JD) 3.07% 2024-03-18 15:13:24

Close to 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. John Hancock Financial Opportunities Fund (BTO) – Dividend Yield: 9.49%

John Hancock Financial Opportunities Fund’s last close was $27.40, 16.49% under its 52-week high of $32.81. Intraday change was -0.04%.

John Hancock Financial Opportunities Fund is a closed-ended equity mutual fund launched and managed by John Hancock Investment Management LLC. It is co-managed by John Hancock Asset Management. The fund invests in the public equity markets across the globe. It seeks to invest in the stocks of companies operating across the financial services sector. The fund invests in companies across all market capitalizations. It benchmarks the performance of its portfolio against the S&P Composite 1500 Banks Index. The fund was formerly known as John Hancock Bank and Thrift Opportunity Fund. John Hancock Financial Opportunities Fund was formed on August 23, 1994 and is domiciled in the United States.

Earnings Per Share

As for profitability, John Hancock Financial Opportunities Fund has a trailing twelve months EPS of $0.31.

PE Ratio

John Hancock Financial Opportunities Fund has a trailing twelve months price to earnings ratio of 88.39. Meaning, the purchaser of the share is investing $88.39 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 1.4%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 3.1%, now sitting on 24.05M for the twelve trailing months.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, John Hancock Financial Opportunities Fund’s stock is considered to be overbought (>=80).

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Mar 8, 2024, the estimated forward annual dividend rate is 2.6 and the estimated forward annual dividend yield is 9.49%.

More news about John Hancock Financial Opportunities Fund.

2. Wintrust Financial Corporation (WTFCM) – Dividend Yield: 7.05%

Wintrust Financial Corporation’s last close was $23.36, 5.46% under its 52-week high of $24.71. Intraday change was 0.21%.

Wintrust Financial Corporation operates as a financial holding company in the Chicago metropolitan area, southern Wisconsin, and northwest Indiana. It operates in three segments: Community Banking, Specialty Finance, and Wealth Management. The Community Banking segment offers non-interest bearing deposits, non-brokered interest-bearing transaction accounts, and savings and domestic time deposits; home equity, consumer, and real estate loans; safe deposit facilities; and automatic teller machine (ATM), online and mobile banking, and other services. It also engages in the origination and purchase of residential mortgages for sale into the secondary market; and provision of lending, deposits, and cash management services to condominium, homeowner, and community associations, as well as asset-based lending for middle-market companies. In addition, this segment offers loan and deposit services to mortgage brokerage companies; lending to restaurant franchisees; direct leasing; small business administration loans; commercial mortgages and construction loans; and financial solutions. It provides personal and commercial banking services primarily to individuals, small to mid-sized businesses, local governmental units, and institutional customers. The Specialty Finance segment offers commercial and life insurance premiums financing for businesses and individuals; accounts receivable financing, value-added, and out-sourced administrative services; and other specialty finance services, as well as data processing of payrolls, billing, and cash management services to temporary staffing industry. The Wealth Management segment provides trust and investment, asset management, tax-deferred exchange, securities brokerage, and retirement plan services. As of December 31, 2019, the company had approximately 187 banking facilities and 230 ATMs. Wintrust Financial Corporation was founded in 1991 and is headquartered in Rosemont, Illinois.

Earnings Per Share

As for profitability, Wintrust Financial Corporation has a trailing twelve months EPS of $7.11.

PE Ratio

Wintrust Financial Corporation has a trailing twelve months price to earnings ratio of 3.28. Meaning, the purchaser of the share is investing $3.28 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 12.21%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 4.9%, now sitting on 2.16B for the twelve trailing months.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Mar 28, 2024, the estimated forward annual dividend rate is 1.64 and the estimated forward annual dividend yield is 7.05%.

Moving Average

Wintrust Financial Corporation’s value is below its 50-day moving average of $23.74 and above its 200-day moving average of $22.67.

Volume

Today’s last reported volume for Wintrust Financial Corporation is 12515 which is 1.23% below its average volume of 12671.

More news about Wintrust Financial Corporation.

3. Newtek Business Services Corp. (NEWT) – Dividend Yield: 6.18%

Newtek Business Services Corp.’s last close was $11.65, 39.82% under its 52-week high of $19.36. Intraday change was -1.37%.

Newtek Business Services Corp. is a business development company specializing in providing financial and business services to the small-and medium-sized business market in the United States. The firm also seeks to invest in early stage businesses. The firm seeks to makes both debt and equity investments. Under debt investments, it focuses on first lien loans, which have terms of 1 to 25 years; second lien loans, which have terms of 5 to 25 years, and unsecured loans, which are provided to meet short-term funding needs and are repaid within 6 to 12 months. It operates through Electronic Payment Processing, Managed Technology Solutions, Small Business Finance, and Capcos segments. The company originates small business administration loans for the purpose of acquiring commercial real estate, machinery, equipment, and inventory, as well as to refinance debt and fund franchises, working capital, and business acquisitions; and offers small business loan servicing and consulting services to the Federal Deposit Insurance Corporation and various other financial institutions, as well as provides management services. Its electronic payment processing services include credit and debit card processing, check approval, ancillary processing equipment and software to merchants, eCommerce, electronic solutions to accept non-cash payments, check conversion, remote deposit capture, ACH processing, and electronic gift and loyalty card programs. The company also provides Website hosting, dedicated server, and cloud hosting services; Web design and development; Internet marketing; data storage and backup and other related services; and ecommerce services, such as payment processing, online shopping cart tools, Website design and Web related services; Accounts Receivable Financing, and The Secure Gateway. In addition, it offers Newtek Advantage, a mobile, real-time operating platform enabling a business to access data on a smartphone, tablet, laptop, or PC for eCommerce, credit/debit transactions, Website statistics, payroll, insurance, and business loans. Further, the company sells personal, commercial, and health/benefits lines of insurance products; and payroll management processing and employee tax filing services. It has strategic alliances with American International Group, CTAA, Navy Federal Credit Union, Credit Union National Association, Pershing, and others to provide agent services to small business clients. The firm seeks to invest in New York and Louisiana area. The firm seeks to invest $0.3 million to $3 million in businesses. It provides small business terms loans ranging from $0.05 million to $10 million. The firm also provides account receivable financing ranging from $0.05 million to $1.5 million. It also provides $0.05 million to $10 million financing to owner occupied real estate businesses whose average net income over the last 2 years must not exceed $2.5 million. Newtek Business Services Corp., formerly known as Newtek Business Services Inc., was incorporated on August 26, 2013 and is headquartered in Boca Raton, Florida with additional offices in Lake Success, New York, Garden City, New York; Miami, Florida; Milwaukee, Wisconsin; New Orleans, Louisiana; and New York, New York.

Earnings Per Share

As for profitability, Newtek Business Services Corp. has a trailing twelve months EPS of $1.01.

PE Ratio

Newtek Business Services Corp. has a trailing twelve months price to earnings ratio of 11.38. Meaning, the purchaser of the share is investing $11.38 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 13.88%.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter is 866.7% and a drop 26.7% for the next.

Volume

Today’s last reported volume for Newtek Business Services Corp. is 67398 which is 56.76% below its average volume of 155885.

More news about Newtek Business Services Corp..

4. Mexico Fund (MXF) – Dividend Yield: 5.31%

Mexico Fund’s last close was $18.04, 7.44% under its 52-week high of $19.49. Intraday change was 0.73%.

The Mexico Fund, Inc. is a closed-ended equity mutual fund launched and managed by Impulsora del Fondo México, S.C. It primarily invests in public equity markets of Mexico. The fund seeks to invest its portfolio across diversified sectors. The Mexico Fund, Inc. was formed in June 01, 1981 and is domiciled in Maryland, United States.

Earnings Per Share

As for profitability, Mexico Fund has a trailing twelve months EPS of $4.22.

PE Ratio

Mexico Fund has a trailing twelve months price to earnings ratio of 4.31. Meaning, the purchaser of the share is investing $4.31 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 22.22%.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Oct 17, 2023, the estimated forward annual dividend rate is 0.8 and the estimated forward annual dividend yield is 5.31%.

More news about Mexico Fund.

5. M.D.C. Holdings (MDC) – Dividend Yield: 3.43%

M.D.C. Holdings’s last close was $62.70, 0.48% below its 52-week high of $63.00. Intraday change was 0.26%.

M.D.C. Holdings, Inc., through its subsidiaries, engages in the homebuilding and financial service businesses. Its homebuilding operations include purchasing finished lots or developing lots for the construction and sale primarily of single-family detached homes to first-time and first-time move-up homebuyers under the Richmond American Homes name. The company conducts its homebuilding operations in Arizona, California, Nevada, Washington, Oregon, Colorado, Utah, Virginia, Maryland, and Florida. Its financial services operations comprise originating mortgage loans primarily for homebuyers; providing insurance coverage primarily to its homebuilding subsidiaries and subcontractors for homes sold by its homebuilding subsidiaries, and for work performed in completed subdivisions; acting as a re-insurer on the claims; selling third-party personal property and casualty insurance products to homebuyers; and offering title agency services to homebuilding subsidiaries and customers in Colorado, Florida, Maryland, Nevada, and Virginia. The company was founded in 1972 and is headquartered in Denver, Colorado.

Earnings Per Share

As for profitability, M.D.C. Holdings has a trailing twelve months EPS of $5.29.

PE Ratio

M.D.C. Holdings has a trailing twelve months price to earnings ratio of 11.85. Meaning, the purchaser of the share is investing $11.85 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 12.4%.

Volume

Today’s last reported volume for M.D.C. Holdings is 1514730 which is 6.61% above its average volume of 1420780.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Feb 6, 2024, the estimated forward annual dividend rate is 2.15 and the estimated forward annual dividend yield is 3.43%.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter is a negative 4.6% and positive 10.5% for the next.

More news about M.D.C. Holdings.

6. Trustmark Corporation (TRMK) – Dividend Yield: 3.41%

Trustmark Corporation’s last close was $27.01, 5.79% under its 52-week high of $28.67. Intraday change was -0.44%.

Trustmark Corporation operates as the bank holding company for Trustmark National Bank that provides banking and other financial solutions to individuals and corporate institutions in the United States. The company offers checking, savings, and money market accounts; individual retirement accounts; certificates of deposits; financing for commercial and industrial projects, income producing commercial real estate, owner-occupied real estate, and construction and land development; and installment and real estate loans, and lines of credit. It also provides mortgage banking services, including construction financing, production of conventional and government insured mortgages, and secondary marketing and mortgage servicing; and treasury management services. In addition, the company provides wealth management and trust services, such as administration of personal trusts and estates; management of investment accounts for individuals, employee benefit plans, and charitable foundations; and corporate trust and institutional custody, securities brokerage, financial and estate planning, retirement plan, and investment management. Further, it offers business insurance products and services for medical professionals, construction, manufacturing, hospitality, real estate, and group life and health plans; and life and health insurance, and personal line policies for individual customers, as well as provides an intermediary vehicle for the provision of loans or investments in low-income communities. As of December 31, 2020, the company operated 174 full-service branches and 12 limited service branches; and 230 automated teller machines and 34 interactive teller machines. Trustmark Corporation was founded in 1889 and is headquartered in Jackson, Mississippi.

Earnings Per Share

As for profitability, Trustmark Corporation has a trailing twelve months EPS of $2.7.

PE Ratio

Trustmark Corporation has a trailing twelve months price to earnings ratio of 10. Meaning, the purchaser of the share is investing $10 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 10.49%.

Volume

Today’s last reported volume for Trustmark Corporation is 147548 which is 47.92% below its average volume of 283363.

More news about Trustmark Corporation.

7. JD.com (JD) – Dividend Yield: 3.07%

JD.com’s last close was $27.45, 39.22% under its 52-week high of $45.16. Intraday change was 1.46%.

JD.com, Inc. provides supply chain-based technologies and services in the People's Republic of China. The company offers computers, communication, and consumer electronics products, as well as home appliances; and general merchandise products comprising food, beverage and fresh produce, baby and maternity products, furniture and household goods, cosmetics and other personal care items, pharmaceutical and healthcare products, industrial products, books, automobile accessories, apparel and footwear, bags, and jewelry. It also provides online marketplace services for third-party merchants; marketing services; and omni-channel solutions to customers and offline retailers, as well as online healthcare services. In addition, the company develops, owns, and manages its logistics facilities and other real estate properties to support third parties; offers asset management services for logistics property investors and the sale of development properties; and engages in online retail business. Further, it provides integrated data, technology, business, and user management industry solutions to support the digitization of enterprises and institutions. The company was formerly known as 360buy Jingdong Inc. and changed its name to JD.com, Inc. in January 2014. JD.com, Inc. was incorporated in 2006 and is headquartered in Beijing, the People's Republic of China.

Earnings Per Share

As for profitability, JD.com has a trailing twelve months EPS of $2.12.

PE Ratio

JD.com has a trailing twelve months price to earnings ratio of 13.14. Meaning, the purchaser of the share is investing $13.14 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 8.15%.

Yearly Top and Bottom Value

JD.com’s stock is valued at $27.85 at 20:15 EST, way under its 52-week high of $45.16 and way higher than its 52-week low of $20.82.

Earnings Before Interest, Taxes, Depreciation, and Amortization

JD.com’s EBITDA is 2.09.

Volume

Today’s last reported volume for JD.com is 15825200 which is 0.04% above its average volume of 15818000.

Sales Growth

JD.com’s sales growth is 6.6% for the ongoing quarter and 10.9% for the next.

Previous days news about JD.com

  • JD.com boosts trade-in subsidies and enhances service for household appliances and home goods. According to Business Insider on Monday, 18 March, "To simplify the trade-in process, JD.com has implemented several user-friendly measures, such as complimentary doorstep pickup, dismantling, and recycling of old appliances, without limitations on their type, brand, age, or condition. ", "Since launching its trade-in service for household appliances in 2016, JD.com has expanded to include household goods, covering more than 200 subcategories and reaching over 95% of cities and towns across the country."

More news about JD.com.

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