Washington Trust Bancorp, Blackrock Health Sciences Trust, Another 2 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Washington Trust Bancorp (WASH), Blackrock Health Sciences Trust (BME), Nuveen California Select Tax (NXC) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Washington Trust Bancorp (WASH) 8.76% 2024-06-24 23:12:05
Blackrock Health Sciences Trust (BME) 6.29% 2024-07-01 23:46:09
Nuveen California Select Tax (NXC) 4.21% 2024-07-05 03:13:06
Timberland Bancorp (TSBK) 3.66% 2024-06-24 13:44:05

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. Washington Trust Bancorp (WASH) – Dividend Yield: 8.76%

Washington Trust Bancorp’s last close was $25.86, 23.85% below its 52-week high of $33.96. Intraday change was 1.17%.

Washington Trust Bancorp, Inc. operates as the bank holding company for The Washington Trust Company, of Westerly that offers various banking and financial services to individuals and businesses. The company operates in two segments, Commercial Banking and Wealth Management Services. The Commercial Banking segment provides various commercial and retail lending products, which include commercial real estate loans consisting of commercial mortgages and construction loans; commercial and industrial loans; residential real estate loans consists of mortgage and homeowner construction loans; and consumer loans comprising home equity loans and lines of credit, personal installment loans, and loans to individuals secured by general aviation aircraft. This segment also offers deposit accounts, including interest-bearing and noninterest-bearing demand deposits, NOW and savings accounts, money market and retirement deposit accounts, and time deposits, as well as debit card, automated teller machine, telephone banking, internet banking, mobile banking, remote deposit capture, and other cash management services. The Wealth Management Services segment provides investment management; financial planning; personal trust and estate services, such as trustee, personal representative, custodian, and guardian; and settlement of decedents' estates, as well as institutional trust services comprising custody and fiduciary services. This segment serves personal and institutional clients. The company also operates as a licensed broker-dealer that offers variable annuities and college savings plans. As of December 31, 2020, it had 10 branch offices located in southern Rhode Island; 12 branch offices located in the greater Providence area in Rhode Island; and 1 branch office located in southeastern Connecticut. Washington Trust Bancorp, Inc. was founded in 1800 and is headquartered in Westerly, Rhode Island.

Earnings Per Share

As for profitability, Washington Trust Bancorp has a trailing twelve months EPS of $2.71.

PE Ratio

Washington Trust Bancorp has a trailing twelve months price to earnings ratio of 9.54. Meaning, the purchaser of the share is investing $9.54 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 9.94%.

Yearly Top and Bottom Value

Washington Trust Bancorp’s stock is valued at $25.86 at 03:15 EST, way under its 52-week high of $33.96 and way higher than its 52-week low of $21.69.

More news about Washington Trust Bancorp.

2. Blackrock Health Sciences Trust (BME) – Dividend Yield: 6.29%

Blackrock Health Sciences Trust’s last close was $40.66, 5.13% below its 52-week high of $42.86. Intraday change was -0.47%.

BlackRock Health Sciences Trust is a closed-ended equity mutual fund launched by BlackRock, Inc. The fund is managed by BlackRock Advisors, LLC. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating in the health sciences and related sectors, which include businesses involved in researching, developing, producing, distributing or delivering medical, dental, optical, pharmaceutical or biotechnology products, supplies, equipment, or services. It also invests through equity derivatives, with an emphasis on option writing. The fund benchmarks the performance of its portfolio against the Russell 3000 Healthcare Index. BlackRock Health Sciences Trust was formed on March 31, 2005 and is domiciled in the United States.

Earnings Per Share

As for profitability, Blackrock Health Sciences Trust has a trailing twelve months EPS of $1.44.

PE Ratio

Blackrock Health Sciences Trust has a trailing twelve months price to earnings ratio of 28.24. Meaning, the purchaser of the share is investing $28.24 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 3.37%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 0.8%, now sitting on 8.19M for the twelve trailing months.

More news about Blackrock Health Sciences Trust.

3. Nuveen California Select Tax (NXC) – Dividend Yield: 4.21%

Nuveen California Select Tax’s last close was $13.05, 5.43% under its 52-week high of $13.80. Intraday change was 0.23%.

Nuveen California Select Tax-Free Income Portfolio 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 California. The fund invests in the securities of companies that operate across diversified sectors. It primarily invests in municipal bonds. The fund employs fundamental analysis to create its portfolio. It benchmarks the performance of its portfolio against Barclays Capital California Municipal Bond Index and S&P California Municipal Bond Index. Nuveen California Select Tax-Free Income Portfolio was formed on June 19, 1992 and is domiciled in the United States.

Earnings Per Share

As for profitability, Nuveen California Select Tax has a trailing twelve months EPS of $0.8.

PE Ratio

Nuveen California Select Tax has a trailing twelve months price to earnings ratio of 16.31. Meaning, the purchaser of the share is investing $16.31 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 5.79%.

Yearly Top and Bottom Value

Nuveen California Select Tax’s stock is valued at $13.05 at 03:15 EST, below its 52-week high of $13.80 and way above its 52-week low of $11.86.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Nuveen California Select Tax’s stock is considered to be oversold (<=20).

Revenue Growth

Year-on-year quarterly revenue growth grew by 1.6%, now sitting on 3.7M for the twelve trailing months.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Jun 14, 2024, the estimated forward annual dividend rate is 0.55 and the estimated forward annual dividend yield is 4.21%.

More news about Nuveen California Select Tax.

4. Timberland Bancorp (TSBK) – Dividend Yield: 3.66%

Timberland Bancorp’s last close was $26.24, 18.51% under its 52-week high of $32.20. Intraday change was 0%.

Timberland Bancorp, Inc. operates as the bank holding company for Timberland Bank that provides various banking services in Washington. It offers various deposit products, including money market deposit accounts, checking accounts, regular savings accounts, and certificates of deposit. The company also provides one-to four-family residential, multi-family, commercial real estate, construction, custom and owner/builder construction, speculative one- to four-family construction, commercial construction, multi-family construction, land development construction, and land loans. In addition, it offers consumer loans comprising home equity lines of credit and second mortgage loans; and automobile loans, boat loans, motorcycle loans, recreational vehicle loans, savings account loans, and unsecured loans, as well as commercial business loans. The company operates 24 branches located in Grays Harbor, Pierce, Thurston, Kitsap, King, and Lewis counties in Washington. As of September 30, 2020, it operated 25 proprietary automated teller machines. Timberland Bancorp, Inc. was founded in 1915 and is based in Hoquiam, Washington.

Earnings Per Share

As for profitability, Timberland Bancorp has a trailing twelve months EPS of $3.06.

PE Ratio

Timberland Bancorp has a trailing twelve months price to earnings ratio of 8.58. Meaning, the purchaser of the share is investing $8.58 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 10.7%.

Moving Average

Timberland Bancorp’s value is above its 50-day moving average of $25.33 and below its 200-day moving average of $27.50.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on May 9, 2024, the estimated forward annual dividend rate is 0.96 and the estimated forward annual dividend yield is 3.66%.

More news about Timberland Bancorp.

Leave a Reply

Your email address will not be published. Required fields are marked *