(VIANEWS) – Redwood Trust (RWT), Marine Petroleum Trust (MARPS), Dime Community Bancshares (DCOMP) have the highest dividend yield stocks on this list.
| Financial Asset | Forward Dividend Yield | Updated (EST) |
|---|---|---|
| Redwood Trust (RWT) | 11.11% | 2024-04-25 01:08:08 |
| Marine Petroleum Trust (MARPS) | 9.94% | 2024-04-29 09:14:05 |
| Dime Community Bancshares (DCOMP) | 7.79% | 2024-05-03 17:09:05 |
| Hope Bancorp (HOPE) | 5.17% | 2024-05-04 19:46:05 |
| MFS Municipal Income Trust (CMU) | 4.27% | 2024-04-21 16:44:05 |
| Orrstown Financial Services (ORRF) | 3.04% | 2024-04-30 01:14:05 |
| Republic Bancorp (RBCAA) | 2.98% | 2024-04-30 15:14:06 |
| Atmos Energy Corporation (ATO) | 2.75% | 2024-04-21 01:23:05 |
Almost 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. Redwood Trust (RWT) – Dividend Yield: 11.11%
Redwood Trust’s last close was $5.76, 30.6% below its 52-week high of $8.30. Intraday change was -1.71%.
Redwood Trust, Inc., together with its subsidiaries, operates as a specialty finance company in the United States. The company operates through three segments: Residential Mortgage Banking, Business Purpose Mortgage Banking, and Investment Portfolio. The Residential Mortgage Banking segment operates a mortgage loan conduit that acquires residential loans from third-party originators for subsequent sale, securitization, or transfer to its investment portfolio. This segment also offers derivative financial instruments to manage risks associated with residential loans. The Business Purpose Mortgage Banking segment operates a platform that originates and acquires business purpose loans, such as single-family rental and bridge loans for subsequent securitization, sale, or transfer into its investment portfolio. The Investment Portfolio segment invests in securities retained from residential and business purpose securitization activities, and residential and small-balance multifamily bridge loans, as well as residential mortgage-backed securities issued by third parties, Freddie Mac K-Series multifamily loan securitizations and reperforming loan securitizations, servicer advance investments, home equity investments, and other housing-related investments. The company qualifies as a real estate investment trust (REIT) for federal income tax purposes. As a REIT, it intends to distribute at least 90% of its taxable income as dividends to shareholders. Redwood Trust, Inc. was incorporated in 1994 and is headquartered in Mill Valley, California.
Earnings Per Share
As for profitability, Redwood Trust has a trailing twelve months EPS of $-0.11.
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 -0.2%.
More news about Redwood Trust.
2. Marine Petroleum Trust (MARPS) – Dividend Yield: 9.94%
Marine Petroleum Trust’s last close was $4.20, 46.36% under its 52-week high of $7.83. Intraday change was -0.48%.
Marine Petroleum Trust, together with its subsidiary, Marine Petroleum Corporation, operates as a royalty trust in the United States. It has overriding royalty interest in oil and natural gas leases in the Central and Western areas of the Gulf of Mexico off the coasts of Louisiana and Texas. Marine Petroleum Trust was founded in 1956 and is based in Dallas, Texas.
Earnings Per Share
As for profitability, Marine Petroleum Trust has a trailing twelve months EPS of $0.45.
PE Ratio
Marine Petroleum Trust has a trailing twelve months price to earnings ratio of 9.29. Meaning, the purchaser of the share is investing $9.29 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 88.48%.
More news about Marine Petroleum Trust.
3. Dime Community Bancshares (DCOMP) – Dividend Yield: 7.79%
Dime Community Bancshares’s last close was $17.65, 7.59% under its 52-week high of $19.10. Intraday change was 1.42%.
Dime Community Bancshares, Inc. operates as the holding company for Dime Community Bank that provides various commercial banking and financial services. It accepts time, savings, and demand deposits from the businesses, consumers, and local municipalities. The company also offers commercial real estate loans; multi-family mortgage loans; residential mortgage loans; secured and unsecured commercial and consumer loans; home equity loans; and construction and land loans. In addition, it invests in Federal Home Loan Bank, Federal National Mortgage Association, Government National Mortgage Association, and Federal Home Loan Mortgage Corporation mortgage-backed securities, collateralized mortgage obligations, and other asset backed securities; U.S. Treasury securities; New York state and local municipal obligations; U.S. government-sponsored enterprise securities; and corporate bonds. Further, the company offers certificate of deposit account registry services and insured cash sweep programs; federal deposit insurance corporation insurance; merchant credit and debit card processing, automated teller machines, cash management services, lockbox processing, online banking services, remote deposit capture, safe deposit boxes, and individual retirement accounts; investment products and services through a third-party broker dealer; and title insurance broker services, as well as SBA loans, commercial lines of credit, and letters of credit. Dime Community Bancshares, Inc. was founded in 1910 and is headquartered in Hauppauge, New York.
Earnings Per Share
As for profitability, Dime Community Bancshares has a trailing twelve months EPS of $3.74.
PE Ratio
Dime Community Bancshares has a trailing twelve months price to earnings ratio of 4.76. Meaning, the purchaser of the share is investing $4.76 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 6.29%.
Yearly Top and Bottom Value
Dime Community Bancshares’s stock is valued at $17.80 at 10:15 EST, below its 52-week high of $19.10 and way above its 52-week low of $13.20.
More news about Dime Community Bancshares.
4. Hope Bancorp (HOPE) – Dividend Yield: 5.17%
Hope Bancorp’s last close was $10.84, 13.35% below its 52-week high of $12.51. Intraday change was 2.17%.
Hope Bancorp, Inc. operates as the bank holding company for Bank of Hope that provides banking services for small and medium-sized businesses, and individuals in the United States. The company accepts personal and business checking, money market, savings, time deposit, and individual retirement accounts. Its loan products include commercial loans to businesses for various purposes, such as working capital, purchasing inventory, debt refinancing, business acquisitions, and other business related financing needs; real estate loans; small business administration loans; and consumer loans, such as single-family mortgage, home equity, auto, credit card, and personal loans. The company also offers trade finance services, including the issuance and negotiation of letters of credit, as well as handles documentary collections; warehouse lines of credit to mortgage loan originators; and commercial equipment lease financing. In addition, it provides cash management services, such as remote deposit capture, lock box, and ACH origination services; investment and wealth management services; mobile banking services; debit card services; foreign exchanges services, safe deposit boxes, and other customary bank services; internet banking services; and automated teller machine services. As of January 26, 2021, the company operated 58 full-service branches in California, Washington, Texas, Illinois, New York, New Jersey, Virginia, and Alabama; SBA loan production offices in Seattle, Denver, Dallas, Atlanta, Portland, Oregon, New York City, Northern California, and Houston; commercial loan production office in Northern California and Seattle; residential mortgage loan production offices in Southern California; and a representative office in Seoul, Korea. The company was formerly known as BBCN Bancorp, Inc. and changed its name to Hope Bancorp, Inc. in August 2016. Hope Bancorp, Inc. was incorporated in 2000 and is headquartered in Los Angeles, California.
Earnings Per Share
As for profitability, Hope Bancorp has a trailing twelve months EPS of $0.99.
PE Ratio
Hope Bancorp has a trailing twelve months price to earnings ratio of 10.95. Meaning, the purchaser of the share is investing $10.95 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 5.77%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on May 8, 2024, the estimated forward annual dividend rate is 0.56 and the estimated forward annual dividend yield is 5.17%.
More news about Hope Bancorp.
5. MFS Municipal Income Trust (CMU) – Dividend Yield: 4.27%
MFS Municipal Income Trust’s last close was $3.24, 4.14% under its 52-week high of $3.38. Intraday change was -0.31%.
MFS High Yield Municipal Trust is a close ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. The fund invests in fixed income markets of the United States. It primarily invests in tax-exempt bonds and tax-exempt notes. The fund benchmarks the performance of its portfolio against Barclays Municipal Bond Index. It was formerly known as Colonial Municipal Income Trust. MFS High Yield Municipal Trust was founded in March 19, 1987 and is domiciled in the United States.
Earnings Per Share
As for profitability, MFS Municipal Income Trust has a trailing twelve months EPS of $0.07.
PE Ratio
MFS Municipal Income Trust has a trailing twelve months price to earnings ratio of 46.29. Meaning, the purchaser of the share is investing $46.29 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 1.28%.
Moving Average
MFS Municipal Income Trust’s worth is below its 50-day moving average of $3.30 and higher than its 200-day moving average of $3.22.
Volume
Today’s last reported volume for MFS Municipal Income Trust is 35511 which is 40.82% below its average volume of 60011.
Revenue Growth
Year-on-year quarterly revenue growth grew by 3.6%, now sitting on 8.25M for the twelve trailing months.
Yearly Top and Bottom Value
MFS Municipal Income Trust’s stock is valued at $3.24 at 10:15 EST, below its 52-week high of $3.38 and way higher than its 52-week low of $2.78.
More news about MFS Municipal Income Trust.
6. Orrstown Financial Services (ORRF) – Dividend Yield: 3.04%
Orrstown Financial Services’s last close was $26.29, 11.75% below its 52-week high of $29.79. Intraday change was -0.72%.
Orrstown Financial Services, Inc. operates as the holding company for Orrstown Bank that provides commercial banking and trust services in the United States. The company accepts various deposits, including checking, savings, time, demand, and money market deposits. It also offers commercial loans, such as commercial real estate, equipment, construction, working capital, and other commercial purpose loans, as well as industrial loans; consumer loans comprising home equity and other consumer loans, as well as home equity lines of credit; residential mortgage loans; acquisition and development loans; municipal loans; and installment and other loans. In addition, the company provides renders services as trustee, executor, administrator, guardian, managing agent, custodian, and investment advisor, as well as provides other fiduciary services under the Orrstown Financial Advisors name; and offers retail brokerage services through a third-party broker/dealer arrangement. Further, it offers investment advisory, insurance, and brokerage services. The company operates through offices in Berks, Cumberland, Dauphin, Franklin, Lancaster, Perry, and York counties, Pennsylvania; and Anne Arundel, Baltimore, Howard, and Washington counties, Maryland, as well as Baltimore City, Maryland. Orrstown Financial Services, Inc. was founded in 1919 and is based in Shippensburg, Pennsylvania.
Earnings Per Share
As for profitability, Orrstown Financial Services has a trailing twelve months EPS of $3.36.
PE Ratio
Orrstown Financial Services has a trailing twelve months price to earnings ratio of 7.82. Meaning, the purchaser of the share is investing $7.82 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 13.69%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 5%, now sitting on 130.45M for the twelve trailing months.
Sales Growth
Orrstown Financial Services’s sales growth for the current quarter is negative 1.6%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on May 6, 2024, the estimated forward annual dividend rate is 0.8 and the estimated forward annual dividend yield is 3.04%.
More news about Orrstown Financial Services.
7. Republic Bancorp (RBCAA) – Dividend Yield: 2.98%
Republic Bancorp’s last close was $51.25, 10.93% under its 52-week high of $57.54. Intraday change was -1.03%.
Republic Bancorp, Inc., a financial holding company, provides various banking products and services in the United States. It operates in five segments: Traditional Banking, Warehouse, Mortgage Banking, Tax Refund Solutions, and Republic Credit Solutions. The company accepts demand, money market accounts, savings, individual retirement accounts, time, brokered, and other certificates of deposit. Its loan products include residential real estate, commercial real estate, construction and land development, home improvement and home equity, secured and unsecured personal, and aircraft loans. The company also offers credit cards; title insurance and other financial products and services; and memory banking, private banking, lockbox processing, remote deposit capture, business online banking, account reconciliation, automated clearing house processing, and internet and mobile banking services. In addition, it provides short-term and revolving credit facilities to mortgage bankers; tax refund solutions, which facilitate the receipt and payment of federal and state tax refund products through third-party tax preparers and tax-preparation software providers; and general purpose reloadable prepaid cards through third party service providers. Further, the company offers consumer credit products; and property and casualty insurance products. As of January 28, 2022, it operated 42 full-service banking centers. Republic Bancorp, Inc. was incorporated in 1974 and is headquartered in Louisville, Kentucky.
Earnings Per Share
As for profitability, Republic Bancorp has a trailing twelve months EPS of $4.78.
PE Ratio
Republic Bancorp has a trailing twelve months price to earnings ratio of 10.61. Meaning, the purchaser of the share is investing $10.61 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 10.22%.
Yearly Top and Bottom Value
Republic Bancorp’s stock is valued at $50.72 at 10:15 EST, way under its 52-week high of $57.54 and way higher than its 52-week low of $37.23.
Revenue Growth
Year-on-year quarterly revenue growth grew by 1.3%, now sitting on 312M for the twelve trailing months.
More news about Republic Bancorp.
8. Atmos Energy Corporation (ATO) – Dividend Yield: 2.75%
Atmos Energy Corporation’s last close was $117.20, 6.45% under its 52-week high of $125.28. Intraday change was 2.3%.
Atmos Energy Corporation, together with its subsidiaries, engages in the regulated natural gas distribution, and pipeline and storage businesses in the United States. It operates in two segments, Distribution, and Pipeline and Storage. The Distribution segment is involved in the regulated natural gas distribution and related sales operations in eight states. This segment distributes natural gas to approximately three million residential, commercial, public authority, and industrial customers. As of September 30, 2020, it owned 71,558 miles of underground distribution and transmission mains. The Pipeline and Storage segment engages in the pipeline and storage operations. This segment transports natural gas for third parties and manages five underground storage reservoirs in Texas; and provides ancillary services to the pipeline industry, including parking arrangements, lending, and inventory sales. As of September 30, 2020, it owned 5,684 miles of gas transmission lines. Atmos Energy Corporation was founded in 1906 and is headquartered in Dallas, Texas.
Earnings Per Share
As for profitability, Atmos Energy Corporation has a trailing twelve months EPS of $6.26.
PE Ratio
Atmos Energy Corporation has a trailing twelve months price to earnings ratio of 18.72. Meaning, the purchaser of the share is investing $18.72 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 8.77%.
More news about Atmos Energy Corporation.
