Putnam Premier Income Trust, GDL Fund, The, Another 6 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Putnam Premier Income Trust (PPT), GDL Fund, The (GDL), Northwest Bancshares (NWBI) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Putnam Premier Income Trust (PPT) 8.54% 2024-07-23 07:41:06
GDL Fund, The (GDL) 6.2% 2024-08-08 07:10:06
Northwest Bancshares (NWBI) 5.61% 2024-07-28 16:43:06
Camden National Corporation (CAC) 4.36% 2024-07-25 16:42:06
Cass Information Systems (CASS) 2.97% 2024-07-25 18:23:06
UNITIL Corporation (UTL) 2.92% 2024-07-24 09:12:05
Mercantile Bank Corporation (MBWM) 2.87% 2024-07-28 07:14:05
First Mid Bancshares (FMBH) 2.33% 2024-07-27 01:09:05

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. Putnam Premier Income Trust (PPT) – Dividend Yield: 8.54%

Putnam Premier Income Trust’s last close was $3.66, 1.61% under its 52-week high of $3.72. Intraday change was 1.11%.

Putnam Premier Income Trust is a closed ended fixed income mutual fund launched and managed by Putnam Investment Management, LLC. The fund is co-managed by Putnam Investments Limited. It invests in the public fixed income markets across the globe. The fund primarily invests in U.S. high-grade and high-yield bonds with an average credit quality of BBB by S&P Corporation. It benchmarks the performance of its portfolio against the Barclays Capital Government Bond Index. Putnam Premier Income Trust was formed on February 29, 1988 and is domiciled in the United States.

Earnings Per Share

As for profitability, Putnam Premier Income Trust has a trailing twelve months EPS of $0.2.

PE Ratio

Putnam Premier Income Trust has a trailing twelve months price to earnings ratio of 18.27. Meaning, the purchaser of the share is investing $18.27 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 4.75%.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Jul 24, 2024, the estimated forward annual dividend rate is 0.31 and the estimated forward annual dividend yield is 8.54%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 7.2%, now sitting on 25.13M for the twelve trailing months.

More news about Putnam Premier Income Trust.

2. GDL Fund, The (GDL) – Dividend Yield: 6.2%

GDL Fund, The’s last close was $7.99, 1.72% below its 52-week high of $8.13. Intraday change was 0%.

The GDL Fund is a closed-ended equity mutual fund launched by GAMCO Investors, Inc. It is managed by Gabelli Funds, LLC. The fund invests in public equity markets across the globe. It invests in stocks of companies operating across diversified sectors. The fund invests in securities of companies involved in publicly announced mergers, takeovers, tender offers, and leveraged buyouts. It also invests in companies undergoing corporate reorganizations involving stubs, spin-offs, and liquidations. The fund benchmarks the performance of its portfolio against Bank of America Merrill Lynch 3 Month U.S. Treasury Bill Index. It was formerly known as Gabelli Global Deal Fund. The GDL Fund was formed on October 17, 2006 and is domiciled in the United States.

Earnings Per Share

As for profitability, GDL Fund, The has a trailing twelve months EPS of $0.54.

PE Ratio

GDL Fund, The has a trailing twelve months price to earnings ratio of 14.79. Meaning, the purchaser of the share is investing $14.79 for every dollar of annual earnings.

Volume

Today’s last reported volume for GDL Fund, The is 4754 which is 59.28% below its average volume of 11677.

Yearly Top and Bottom Value

GDL Fund, The’s stock is valued at $7.99 at 10:15 EST, under its 52-week high of $8.13 and above its 52-week low of $7.65.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, GDL Fund, The’s stock is considered to be oversold (<=20).

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3. Northwest Bancshares (NWBI) – Dividend Yield: 5.61%

Northwest Bancshares’s last close was $14.26, 1.99% under its 52-week high of $14.55. Intraday change was 0.71%.

Northwest Bancshares, Inc. operates as a holding company for Northwest Bank that offers various personal and business banking solutions. The company accepts various deposits, such as checking, savings, money market deposit, term certificate, and individual retirement accounts. Its loan products include one-to-four family residential real estate, short-term consumer, multi-family residential and commercial real estate, commercial business, and residential mortgage loans; home equity lines of credit; and consumer loans comprising automobile, sales finance, unsecured personal, and credit card loans, as well as loans secured by deposit accounts. The company also offers investment management and trust services; and employee benefits, and property and casualty insurance As of December 31, 2020, it operated 170 community-banking locations in central and western Pennsylvania, western New York, and eastern Ohio. Northwest Bancshares, Inc. was founded in 1896 and is headquartered in Warren, Pennsylvania.

Earnings Per Share

As for profitability, Northwest Bancshares has a trailing twelve months EPS of $0.8.

PE Ratio

Northwest Bancshares has a trailing twelve months price to earnings ratio of 17.83. Meaning, the purchaser of the share is investing $17.83 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 6.66%.

Yearly Top and Bottom Value

Northwest Bancshares’s stock is valued at $14.26 at 10:15 EST, below its 52-week high of $14.55 and way higher than its 52-week low of $9.80.

Sales Growth

Northwest Bancshares’s sales growth is 0.4% for the current quarter and 3% for the next.

Revenue Growth

Year-on-year quarterly revenue growth declined by 24%, now sitting on 491.91M for the twelve trailing months.

Moving Average

Northwest Bancshares’s worth is way higher than its 50-day moving average of $11.60 and way above its 200-day moving average of $11.48.

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4. Camden National Corporation (CAC) – Dividend Yield: 4.36%

Camden National Corporation’s last close was $38.55, 5.77% below its 52-week high of $40.91. Intraday change was 4.54%.

Camden National Corporation operates as the bank holding company for Camden National Bank that provides various commercial and consumer banking products and services for consumer, institutional, municipal, non-profit, and commercial customers. The company accepts checking, savings, time, and brokered deposits, as well as deposits with the certificate of deposit account registry system. It also offers non-owner-occupied commercial estate loans, owner-occupied commercial real estate loans, unsecured fully-guaranteed commercial loans backed by the U.S. small business administration, loans secured by one-to four-family properties, and consumer and home equity loans. In addition, the company provides brokerage and insurance services through its financial offerings consisting of college, retirement, estate planning, mutual funds, strategic asset management accounts, and variable and fixed annuities. Further, it offers a range of fiduciary and asset management, wealth management, investment management, financial planning, and trustee services. As of December 31, 2021, the company had 57 branches within Maine; one residential mortgage lending office in Braintree, Massachusetts; two locations in New Hampshire, including a branch in Portsmouth and a commercial loan production office in Manchester; and an online residential mortgage and small commercial digital loan platform, as well as 66 ATMs. Camden National Corporation was founded in 1875 and is headquartered in Camden, Maine.

Earnings Per Share

As for profitability, Camden National Corporation has a trailing twelve months EPS of $3.01.

PE Ratio

Camden National Corporation has a trailing twelve months price to earnings ratio of 13.39. Meaning, the purchaser of the share is investing $13.39 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 9.09%.

Yearly Top and Bottom Value

Camden National Corporation’s stock is valued at $40.30 at 10:15 EST, under its 52-week high of $40.91 and way higher than its 52-week low of $26.52.

Growth Estimates Quarters

The company’s growth estimates for the present quarter is a negative 16.5% and positive 11.9% for the next.

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5. Cass Information Systems (CASS) – Dividend Yield: 2.97%

Cass Information Systems’s last close was $40.35, 19.7% under its 52-week high of $50.25. Intraday change was 1.49%.

Cass Information Systems, Inc. provides payment and information processing services to manufacturing, distribution, and retail enterprises in the United States. It operates through two segments, Information Services and Banking Services. The company's services include freight invoice rating, payment processing, auditing, and the generation of accounting and transportation information. It also processes and pays facility-related invoices, such as electricity, gas, waste, and telecommunications expenses; and provides telecom expense management solutions. In addition, the company, through its banking subsidiary, Cass Commercial Bank, provides a range of banking products and services, such as checking, savings, and time deposit accounts; commercial, industrial, and real estate loans; and cash management services to privately-owned businesses and faith-related ministries. Further, it provides B2B payment platform for clients that require an agile fintech partner. It operates through its banking facility near downtown St. Louis, Missouri; operating branch in the Bridgeton, Missouri; and leased facilities in Fenton, Missouri and Colorado Springs, Colorado. The company was formerly known as Cass Commercial Corporation and changed its name to Cass Information Systems, Inc. in January 2001. Cass Information Systems, Inc. was founded in 1906 and is headquartered in St. Louis, Missouri.

Earnings Per Share

As for profitability, Cass Information Systems has a trailing twelve months EPS of $1.99.

PE Ratio

Cass Information Systems has a trailing twelve months price to earnings ratio of 20.58. Meaning, the purchaser of the share is investing $20.58 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 12.33%.

Volume

Today’s last reported volume for Cass Information Systems is 61298 which is 47.15% above its average volume of 41654.

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6. UNITIL Corporation (UTL) – Dividend Yield: 2.92%

UNITIL Corporation’s last close was $58.31, 1.37% below its 52-week high of $59.12. Intraday change was 0.96%.

Unitil Corporation, a public utility holding company, engages in the distribution of electricity and natural gas. It operates through two segments, Utility Electric Operations, Utility Gas Operations. The company distributes electricity in the southeastern seacoast and state capital regions of New Hampshire, and the greater Fitchburg area of north central Massachusetts; and distributes natural gas in southeastern New Hampshire and portions of southern and central Maine, including the city of Portland and the Lewiston-Auburn area, as well as electricity and natural gas in the greater Fitchburg area of north central Massachusetts. It also operates 86 miles of interstate underground natural gas transmission pipeline that provides interstate natural gas pipeline access and transportation services primarily in Maine and New Hampshire. In addition, the company provides real estate management services. It serves approximately 108,100 electric customers and 87,500 natural gas customers. Unitil Corporation was incorporated in 1984 and is headquartered in Hampton, New Hampshire.

Earnings Per Share

As for profitability, UNITIL Corporation has a trailing twelve months EPS of $3.

PE Ratio

UNITIL Corporation has a trailing twelve months price to earnings ratio of 19.62. Meaning, the purchaser of the share is investing $19.62 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 9.69%.

More news about UNITIL Corporation.

7. Mercantile Bank Corporation (MBWM) – Dividend Yield: 2.87%

Mercantile Bank Corporation’s last close was $50.44, 1.5% under its 52-week high of $51.21. Intraday change was 1.18%.

Mercantile Bank Corporation operates as the bank holding company for Mercantile Bank of Michigan that provides commercial and retail banking services for small- to medium-sized businesses and individuals in the United States. It accepts various deposit products, including checking, savings, and term certificate accounts; time deposits; and certificates of deposit. The company also offers commercial, residential mortgage, and instalment loans; vacant land, land development, and residential construction loans; owner and non-owner occupied, and multi-family and residential rental property real estate loans; single-family residential real estate loans; home equity line of credit programs; and consumer loans, such as loans for new and used automobiles, boats, and credit cards, as well as overdraft protection services. In addition, it provides courier services and safe deposit facilities; repurchase agreements; and insurance products, such as private passenger automobile, homeowners, personal inland marine, boat owners, recreational vehicle, dwelling fire, umbrella policies, small business, and life insurance products, as well as owns 27 automated teller machines and 13 video banking machines. The company operates 44 banking offices. Mercantile Bank Corporation was incorporated in 1997 and is headquartered in Grand Rapids, Michigan.

Earnings Per Share

As for profitability, Mercantile Bank Corporation has a trailing twelve months EPS of $5.05.

PE Ratio

Mercantile Bank Corporation has a trailing twelve months price to earnings ratio of 9.99. Meaning, the purchaser of the share is investing $9.99 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 15.78%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 0.1%, now sitting on 220.24M for the twelve trailing months.

More news about Mercantile Bank Corporation.

8. First Mid Bancshares (FMBH) – Dividend Yield: 2.33%

First Mid Bancshares’s last close was $39.41, 2.06% under its 52-week high of $40.24. Intraday change was 0.28%.

First Mid Bancshares, Inc., a financial holding company, provides community banking products and services to commercial, retail, and agricultural customers in the United States. It accepts various deposit products, such as demand deposits, savings accounts, money market deposits, and time deposits. The company's loan products include commercial real estate, commercial and industrial, agricultural and agricultural real estate, residential real estate, and consumer loans; and other loans comprising loans to municipalities to support community projects, such as infrastructure improvements or equipment purchases. It also offers wealth management services, which include estate planning, investment, and farm management and brokerage services for individuals; and employee benefit services for business enterprises. In addition, the company provides property and casualty, senior insurance products, and group medical insurance for businesses; and personal lines insurance to individuals. It operates through a network of 52 banking centers in Illinois and 14 offices in Missouri, as well as a loan production office in Indiana. The company was formerly known as First Mid-Illinois Bancshares, Inc. and changed its name to First Mid Bancshares, Inc. in April 2019. First Mid Bancshares, Inc. was founded in 1865 and is headquartered in Mattoon, Illinois.

Earnings Per Share

As for profitability, First Mid Bancshares has a trailing twelve months EPS of $3.08.

PE Ratio

First Mid Bancshares has a trailing twelve months price to earnings ratio of 12.8. Meaning, the purchaser of the share is investing $12.8 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 9.63%.

Growth Estimates Quarters

The company’s growth estimates for the current quarter is a negative 1.3% and positive 13.2% for the next.

Yearly Top and Bottom Value

First Mid Bancshares’s stock is valued at $39.41 at 10:15 EST, under its 52-week high of $40.24 and way above its 52-week low of $25.73.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on May 14, 2024, the estimated forward annual dividend rate is 0.92 and the estimated forward annual dividend yield is 2.33%.

Volume

Today’s last reported volume for First Mid Bancshares is 74778 which is 27.49% above its average volume of 58654.

More news about First Mid Bancshares.

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