Invesco Trust For Investment Grade New York Municipals, West Bancorporation, Another 5 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Invesco Trust for Investment Grade New York Municipals (VTN), West Bancorporation (WTBA), Methode Electronics (MEI) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Invesco Trust for Investment Grade New York Municipals (VTN) 7.23% 2024-08-11 07:14:05
West Bancorporation (WTBA) 5.54% 2024-08-17 15:11:06
Methode Electronics (MEI) 5.43% 2024-08-09 09:13:05
Invesco Bond Fund (VBF) 5.2% 2024-08-11 05:08:05
MFS Municipal Income Trust (CMU) 4.25% 2024-08-24 23:09:05
Hawthorn Bancshares (HWBK) 3.54% 2024-08-14 07:47:06
Packaging Corporation of America (PKG) 2.58% 2024-08-10 05:09:26

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. Invesco Trust for Investment Grade New York Municipals (VTN) – Dividend Yield: 7.23%

Invesco Trust for Investment Grade New York Municipals’s last close was $11.37, 0.96% below its 52-week high of $11.48. Intraday change was 0.44%.

Invesco Trust for Investment Grade New York Municipals is a closed-ended fixed income mutual fund launched by Invesco Ltd. The fund is co-managed by Invesco Advisers, Inc., INVESCO Asset Management (Japan) Limited, INVESCO Asset Management Deutschland GmbH, INVESCO Asset Management Limited, Invesco Canada Ltd., Invesco Hong Kong Limited, and INVESCO Senior Secured Management, Inc. It invests in the fixed income markets of the United States. The fund primarily invests in investment grade New York municipal securities which include municipal bonds, municipal notes, municipal commercial paper, and lease obligations. It employs fundamental analysis with bottom-up security selection approach to create its portfolio. The fund was formerly known as Invesco Van Kampen Trust for Investment Grade New York Municipals. Invesco Trust for Investment Grade New York Municipals was formed on March 27, 1992 and is domiciled in the United States.

Earnings Per Share

As for profitability, Invesco Trust for Investment Grade New York Municipals has a trailing twelve months EPS of $0.85.

PE Ratio

Invesco Trust for Investment Grade New York Municipals has a trailing twelve months price to earnings ratio of 13.38. Meaning, the purchaser of the share is investing $13.38 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 7.08%.

More news about Invesco Trust for Investment Grade New York Municipals.

2. West Bancorporation (WTBA) – Dividend Yield: 5.54%

West Bancorporation’s last close was $18.81, 15.99% under its 52-week high of $22.39. Intraday change was 4.38%.

West Bancorporation, Inc. operates as the financial holding company provides community banking and trust services to individuals and small- to medium-sized businesses in the United States. It offers deposit services, including checking, savings, and money market accounts, as well as time certificates of deposit. The company also provides loan products comprising commercial real estate loans, construction and land development loans, commercial lines of credit, and commercial term loans; consumer loans, including loans extended to individuals for household, family, and other personal expenditures not secured by real estate; and 1-4 family residential mortgages and home equity loans. In addition, it offers online and mobile banking, treasury management services including cash management, client-generated automated clearing house transactions, remote deposit, and fraud protection services; merchant credit card processing and corporate credit cards; and administration of estates, conservatorships, personal trusts, and agency accounts. The company was founded in 1893 and is headquartered in West Des Moines, Iowa.

Earnings Per Share

As for profitability, West Bancorporation has a trailing twelve months EPS of $1.27.

PE Ratio

West Bancorporation has a trailing twelve months price to earnings ratio of 14.81. Meaning, the purchaser of the share is investing $14.81 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 9.72%.

Volume

Today’s last reported volume for West Bancorporation is 31444 which is 1.62% above its average volume of 30940.

More news about West Bancorporation.

3. Methode Electronics (MEI) – Dividend Yield: 5.43%

Methode Electronics’s last close was $10.31, 68.63% below its 52-week high of $32.87. Intraday change was -2.13%.

Methode Electronics, Inc. designs, engineers, and produces mechatronic products worldwide. It operates through four segments: Automotive, Industrial, Interface, and Medical. The Automotive segment supplies electronic and electro-mechanical devices, and related products to automobile original equipment manufacturers directly or through their tiered suppliers. Its products include integrated center consoles, hidden and ergonomic switches, transmission lead-frames, complex insert molded solutions, LED-based lighting solutions, and sensors, which incorporate magneto-elastic sensing, eddy current, or other sensing technologies that monitor the operation or status of a component or system. The Industrial segment manufactures external lighting solutions comprising driving, work, and signal lights; industrial safety radio remote controls; braided flexible cables; current-carrying laminated and powder-coated busbars; high-voltage high current connector and contracts; custom power-product assemblies, such as PowerRail solution; and high-current low-voltage flexible power cabling systems that are used in aerospace, cloud computing, commercial vehicles, construction equipment, industrial, military, power conversion, and transportation markets and applications. The Interface segment provides various copper-based transceivers and related accessories for the cloud computing hardware equipment and telecommunications broadband equipment markets; user interface solutions for the appliance, commercial food service, and point-of-sale equipment markets; and fluid-level sensors for the marine/recreational vehicle and sump pump markets. The Medical segment offers Dabir Surfaces, a surface support technology aimed at pressure injury prevention for use by patients who are immobilized or otherwise at risk for pressure injuries, including patients undergoing long-duration surgical procedures. Methode Electronics, Inc. was incorporated in 1946 and is headquartered in Chicago, Illinois.

Earnings Per Share

As for profitability, Methode Electronics has a trailing twelve months EPS of $-3.48.

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 -14.35%.

Yearly Top and Bottom Value

Methode Electronics’s stock is valued at $10.09 at 03:15 EST, way below its 52-week high of $32.87 and way higher than its 52-week low of $8.54.

Moving Average

Methode Electronics’s worth is way under its 50-day moving average of $11.26 and way under its 200-day moving average of $16.61.

Volume

Today’s last reported volume for Methode Electronics is 12333 which is 98.36% below its average volume of 753759.

More news about Methode Electronics.

4. Invesco Bond Fund (VBF) – Dividend Yield: 5.2%

Invesco Bond Fund’s last close was $16.51, 1.32% below its 52-week high of $16.73. Intraday change was 0%.

Invesco Bond Fund is a close ended fixed income mutual fund launched by Invesco Ltd. The fund is co-managed by Invesco Advisers, Inc, INVESCO Asset Management (Japan) Limited, INVESCO Asset Management Deutschland GmbH, INVESCO Asset Management Limited, Invesco Hong Kong Limited, INVESCO Senior Secured Management, Inc., and Invesco Canada Ltd. It invests in fixed income markets. The fund primarily invests in fixed-rate investment-grade corporate bonds. It benchmarks the performance of its portfolio against the Barclays Baa U.S. Corporate Bond Index. It was formerly known as Invesco Van Kampen Bond Fund. Invesco Bond Fund was formed in 1970 and is domiciled in the United States.

Earnings Per Share

As for profitability, Invesco Bond Fund has a trailing twelve months EPS of $0.73.

PE Ratio

Invesco Bond Fund has a trailing twelve months price to earnings ratio of 22.62. Meaning, the purchaser of the share is investing $22.62 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 0.1%.

Yearly Top and Bottom Value

Invesco Bond Fund’s stock is valued at $16.51 at 03:15 EST, below its 52-week high of $16.73 and way above its 52-week low of $13.68.

Moving Average

Invesco Bond Fund’s value is above its 50-day moving average of $16.14 and higher than its 200-day moving average of $15.59.

More news about Invesco Bond Fund.

5. MFS Municipal Income Trust (CMU) – Dividend Yield: 4.25%

MFS Municipal Income Trust’s last close was $3.56, 1.39% under its 52-week high of $3.61. Intraday change was 0.42%.

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 $0.18.

PE Ratio

MFS Municipal Income Trust has a trailing twelve months price to earnings ratio of 19.75. Meaning, the purchaser of the share is investing $19.75 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 3.8%.

More news about MFS Municipal Income Trust.

6. Hawthorn Bancshares (HWBK) – Dividend Yield: 3.54%

Hawthorn Bancshares’s last close was $21.45, 17.5% under its 52-week high of $26.00. Intraday change was 0.7%.

Hawthorn Bancshares, Inc. operates as the bank holding company for Hawthorn Bank that provides commercial and personal banking services. It accepts checking, savings, money market, individual retirement, and other time deposit accounts; and certificates of deposit. The company also offers commercial and industrial, single payment personal, installment, commercial and residential real estate, and consumer loans, as well as equipment, operating, and small business administration loans; and debit and credit cards. In addition, it provides trust services that include estate planning, investment, and asset management services; and cash management, safety deposit box, brokerage, and Internet banking services. Hawthorn Bancshares, Inc. was founded in 1865 and is headquartered in Jefferson City, Missouri.

Earnings Per Share

As for profitability, Hawthorn Bancshares has a trailing twelve months EPS of $0.6.

PE Ratio

Hawthorn Bancshares has a trailing twelve months price to earnings ratio of 35.75. Meaning, the purchaser of the share is investing $35.75 for every dollar of annual earnings.

Yearly Top and Bottom Value

Hawthorn Bancshares’s stock is valued at $21.45 at 03:15 EST, way below its 52-week high of $26.00 and way higher than its 52-week low of $15.02.

More news about Hawthorn Bancshares.

7. Packaging Corporation of America (PKG) – Dividend Yield: 2.58%

Packaging Corporation of America’s last close was $194.07, 3.92% below its 52-week high of $201.99. Intraday change was -1.37%.

Packaging Corporation of America manufactures and sells containerboard and corrugated packaging products in the United States. The company operates through Packaging and Paper segments. The Packaging segment offers various containerboard and corrugated packaging products, such as conventional shipping containers used to protect and transport manufactured goods; multi-color boxes and displays that help to merchandise the packaged product in retail locations; and honeycomb protective packaging products, as well as packaging for meat, fresh fruit and vegetables, processed food, beverages, and other industrial and consumer products. This segment sells its corrugated products through a direct sales and marketing organization, independent brokers, and distribution partners. The Paper segment manufactures and sells commodity and specialty papers, as well as communication papers, including cut-size office papers, and printing and converting papers. This segment sells white papers through its sales and marketing organization. Packaging Corporation of America was founded in 1867 and is headquartered in Lake Forest, Illinois.

Earnings Per Share

As for profitability, Packaging Corporation of America has a trailing twelve months EPS of $7.98.

PE Ratio

Packaging Corporation of America has a trailing twelve months price to earnings ratio of 24.32. Meaning, the purchaser of the share is investing $24.32 for every dollar of annual earnings.

More news about Packaging Corporation of America.

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