(VIANEWS) – Valley National Bancorp (VLYPP), John Hancock Investors Trust (JHI), International Paper Company (IP) have the highest dividend yield stocks on this list.
| Financial Asset | Forward Dividend Yield | Updated (EST) |
|---|---|---|
| Valley National Bancorp (VLYPP) | 7.21% | 2024-04-20 09:12:05 |
| John Hancock Investors Trust (JHI) | 6.14% | 2024-04-23 07:43:06 |
| International Paper Company (IP) | 5.47% | 2024-04-28 03:19:14 |
| Nuveen Municipal Income Fund (NMI) | 4.68% | 2024-04-24 07:08:05 |
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. Valley National Bancorp (VLYPP) – Dividend Yield: 7.21%
Valley National Bancorp’s last close was $21.68, 4.41% under its 52-week high of $22.68. Intraday change was 0.14%.
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 19.53. Meaning, the purchaser of the share is investing $19.53 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 7.61%.
Moving Average
Valley National Bancorp’s value is above its 50-day moving average of $21.05 and higher than its 200-day moving average of $19.96.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Mar 13, 2024, the estimated forward annual dividend rate is 1.56 and the estimated forward annual dividend yield is 7.21%.
More news about Valley National Bancorp.
2. John Hancock Investors Trust (JHI) – Dividend Yield: 6.14%
John Hancock Investors Trust’s last close was $13.13, 2.01% under its 52-week high of $13.40. Intraday change was 0.54%.
John Hancock Investors Trust is a closed-ended fixed income mutual fund launched and managed by John Hancock Investment Management LLC. It is co-managed by John Hancock Asset Management. It invests in the fixed income markets across the globe. The fund primarily invests in a diversified portfolio of corporate and government bonds, debt securities. It benchmarks the performance of its portfolio against the Barclays Capital U.S. Aggregate Bond Index. John Hancock Investors Trust was formed on January 29, 1971 and is domiciled in the United States.
Earnings Per Share
As for profitability, John Hancock Investors Trust has a trailing twelve months EPS of $1.05.
PE Ratio
John Hancock Investors Trust has a trailing twelve months price to earnings ratio of 12.5. Meaning, the purchaser of the share is investing $12.5 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 7.8%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Mar 8, 2024, the estimated forward annual dividend rate is 0.81 and the estimated forward annual dividend yield is 6.14%.
More news about John Hancock Investors Trust.
3. International Paper Company (IP) – Dividend Yield: 5.47%
International Paper Company’s last close was $35.28, 14.53% under its 52-week high of $41.28. Intraday change was -1.77%.
International Paper Company produces and sells renewable fiber-based packaging and pulp products in North America, Latin America, Europe, and North Africa. It operates through two segments, Industrial Packaging and Global Cellulose Fibers. The company offers linerboard, medium, whitetop, recycled linerboard, recycled medium and saturating kraft; and pulp for a range of applications, such as diapers, towel and tissue products, feminine care, incontinence, and other personal care products, as well as specialty pulps for use in textiles, construction materials, paints, coatings, and others. It sells its products directly to end users and converters, as well as through agents, resellers, and distributors. The company was founded in 1898 and is headquartered in Memphis, Tennessee.
Earnings Per Share
As for profitability, International Paper Company has a trailing twelve months EPS of $0.86.
PE Ratio
International Paper Company has a trailing twelve months price to earnings ratio of 43.19. Meaning, the purchaser of the share is investing $43.19 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 2.23%.
Volatility
International Paper Company’s last week, last month’s, and last quarter’s current intraday variation average was a positive 1.41%, a negative 0.42%, and a positive 1.59%.
International Paper Company’s highest amplitude of average volatility was 2.14% (last week), 1.29% (last month), and 1.59% (last quarter).
Moving Average
International Paper Company’s value is higher than its 50-day moving average of $36.56 and above its 200-day moving average of $35.34.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is a negative 18.6% and a negative 4.7%, respectively.
More news about International Paper Company.
4. Nuveen Municipal Income Fund (NMI) – Dividend Yield: 4.68%
Nuveen Municipal Income Fund’s last close was $9.24, 8.06% below its 52-week high of $10.05. Intraday change was 0.76%.
Nuveen Municipal Income Fund, Inc. is a closed 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 the fixed income markets of the United States. The fund primarily invests in municipal obligations issued by state and local government authorities. Its investment portfolio comprises investment in companies operating in various industries, including healthcare, materials, education and civic organizations, and consumer staples. Nuveen Municipal Income Fund was formed on April 20, 1988 and is based in the United States.
Earnings Per Share
As for profitability, Nuveen Municipal Income Fund has a trailing twelve months EPS of $0.29.
PE Ratio
Nuveen Municipal Income Fund has a trailing twelve months price to earnings ratio of 31.86. Meaning, the purchaser of the share is investing $31.86 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 3.15%.
Moving Average
Nuveen Municipal Income Fund’s value is below its 50-day moving average of $9.27 and above its 200-day moving average of $9.12.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Apr 12, 2024, the estimated forward annual dividend rate is 0.43 and the estimated forward annual dividend yield is 4.68%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 4.5%, now sitting on 4.5M for the twelve trailing months.
Yearly Top and Bottom Value
Nuveen Municipal Income Fund’s stock is valued at $9.24 at 03:15 EST, below its 52-week high of $10.05 and way higher than its 52-week low of $8.30.
More news about Nuveen Municipal Income Fund.
