Atlantic Union Bankshares Corporation, AmeriServ Financial, Another 2 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Atlantic Union Bankshares Corporation (AUB), AmeriServ Financial (ASRV), Silvercrest Asset Management Group (SAMG) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Atlantic Union Bankshares Corporation (AUB) 4.65% 2023-05-30 15:23:09
AmeriServ Financial (ASRV) 4.24% 2023-05-24 11:08:07
Silvercrest Asset Management Group (SAMG) 3.82% 2023-05-28 21:09:07
Consolidated Edison (ED) 3.26% 2023-06-05 14:48:37

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. Atlantic Union Bankshares Corporation (AUB) – Dividend Yield: 4.65%

Atlantic Union Bankshares Corporation’s last close was $25.83, 37.06% under its 52-week high of $41.04. Intraday change was 0.81%.

Atlantic Union Bankshares Corporation operates as the holding company for Atlantic Union Bank that provides banking and related financial services to consumers and businesses. It accepts various deposit products, including checking, savings, NOW, time deposit, and money market accounts, as well as certificates of deposit and other depository services. The company also offers loans for commercial, industrial, residential mortgage, and consumer purposes. In addition, it provides credit cards, automated teller machine (ATM) services, mobile and internet banking services, and online bill payment services, as well as financial planning, trust, and wealth management services. Further, the company offers securities, brokerage, and investment advisory products and services; and originates and sells residential loan products in the secondary market. As of February 16, 2021, it operated 129 branches and approximately 150 ATMs in Virginia, Maryland, and North Carolina. The company was formerly known as Union Bankshares Corporation and changed its name to Atlantic Union Bankshares Corporation in May 2019. Atlantic Union Bankshares Corporation was founded in 1902 and is headquartered in Richmond, Virginia.

Earnings Per Share

As for profitability, Atlantic Union Bankshares Corporation has a trailing twelve months EPS of $2.87.

PE Ratio

Atlantic Union Bankshares Corporation has a trailing twelve months price to earnings ratio of 9.07. Meaning, the purchaser of the share is investing $9.07 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 9.17%.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on May 17, 2023, the estimated forward annual dividend rate is 1.2 and the estimated forward annual dividend yield is 4.65%.

Sales Growth

Atlantic Union Bankshares Corporation’s sales growth is 0.8% for the ongoing quarter and 1.5% for the next.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is a negative 13.9% and a negative 8.1%, respectively.

Yearly Top and Bottom Value

Atlantic Union Bankshares Corporation’s stock is valued at $26.04 at 03:15 EST, way under its 52-week high of $41.04 and way above its 52-week low of $23.32.

More news about Atlantic Union Bankshares Corporation.

2. AmeriServ Financial (ASRV) – Dividend Yield: 4.24%

AmeriServ Financial’s last close was $2.83, 31.31% below its 52-week high of $4.12. Intraday change was 0.35%.

AmeriServ Financial, Inc. operates as the bank holding company for AmeriServ Financial Bank that provides various consumer, mortgage, and commercial financial products. It offers retail banking services, such as demand, savings, and time deposits; checking and money market accounts; secured and unsecured consumer loans, and mortgage loans; and safe deposit boxes, holiday club accounts, and money orders. The company also provides lending, depository, and related financial services, such as commercial real estate mortgage loans, short and medium-term loans, revolving credit arrangements, lines of credit, inventory and accounts receivable financing, real estate-construction loans, business savings accounts, certificates of deposit, wire transfers, night depository, and lock box services to commercial, industrial, financial, and governmental customers. In addition, the company offers personal trust products and services, including personal portfolio investment management, estate planning and administration, custodial services, and pre-need trusts; institutional trust products and services comprising 401(k) plans, defined benefit and defined contribution employee benefit plans, and individual retirement accounts; financial services consisting of the sale of mutual funds, annuities, and insurance products; and union collective investment funds to invest union pension dollars in construction projects that utilize union labor. Further, it engages in underwriting as reinsurer of credit life and disability insurance. The company operates through a network of 17 banking locations in Allegheny, Cambria, Centre, Somerset, and Westmoreland counties, Pennsylvania, and Washington County, Maryland; and operates 18 automated bank teller machines. AmeriServ Financial, Inc. is headquartered in Johnstown, Pennsylvania.

Earnings Per Share

As for profitability, AmeriServ Financial has a trailing twelve months EPS of $0.38.

PE Ratio

AmeriServ Financial has a trailing twelve months price to earnings ratio of 7.47. Meaning, the purchaser of the share is investing $7.47 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 5.96%.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on May 4, 2023, the estimated forward annual dividend rate is 0.12 and the estimated forward annual dividend yield is 4.24%.

Yearly Top and Bottom Value

AmeriServ Financial’s stock is valued at $2.84 at 03:15 EST, way under its 52-week high of $4.12 and above its 52-week low of $2.78.

More news about AmeriServ Financial.

3. Silvercrest Asset Management Group (SAMG) – Dividend Yield: 3.82%

Silvercrest Asset Management Group’s last close was $18.85, 14.04% under its 52-week high of $21.93. Intraday change was 1.24%.

Silvercrest Asset Management Group Inc., a wealth management firm, provides financial advisory and related family office services in the United States. The company serves ultra-high net worth individuals and families, as well as their trusts; endowments; foundations; and other institutional investors. It also manages funds of funds and other investment funds. The company was founded in 2002 and is headquartered in New York, New York.

Earnings Per Share

As for profitability, Silvercrest Asset Management Group has a trailing twelve months EPS of $1.48.

PE Ratio

Silvercrest Asset Management Group has a trailing twelve months price to earnings ratio of 12.74. Meaning, the purchaser of the share is investing $12.74 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 19.02%.

More news about Silvercrest Asset Management Group.

4. Consolidated Edison (ED) – Dividend Yield: 3.26%

Consolidated Edison’s last close was $92.95, 9.06% below its 52-week high of $102.21. Intraday change was 1.37%.

Consolidated Edison, Inc., through its subsidiaries, engages in the regulated electric, gas, and steam delivery businesses in the United States. It offers electric services to approximately 3.6 million customers in New York City and Westchester County; gas to approximately 1.1 million customers in Manhattan, the Bronx, parts of Queens, and Westchester County; and steam to approximately 1,530 customers in parts of Manhattan. The company also supplies electricity to approximately 0.3 million customers in southeastern New York and northern New Jersey; and gas to approximately 0.1 million customers in southeastern New York. In addition, it operates 543 circuit miles of transmission lines; 15 transmission substations; 63 distribution substations; 87,951 in-service line transformers; 3,869 pole miles of overhead distribution lines; and 2,320 miles of underground distribution lines, as well as 4,359 miles of mains and 377,741 service lines for natural gas distribution. Further, the company owns, develops, and operates renewable and energy infrastructure projects; and provides energy-related products and services to wholesale and retail customers, as well as invests in electric and gas transmission projects. It primarily sells electricity to industrial, commercial, residential, and government customers. Consolidated Edison, Inc. was founded in 1823 and is based in New York, New York.

Earnings Per Share

As for profitability, Consolidated Edison has a trailing twelve months EPS of $7.

PE Ratio

Consolidated Edison has a trailing twelve months price to earnings ratio of 13.29. Meaning, the purchaser of the share is investing $13.29 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 11.94%.

Yearly Top and Bottom Value

Consolidated Edison’s stock is valued at $93.01 at 03:15 EST, below its 52-week high of $102.21 and way higher than its 52-week low of $78.10.

Moving Average

Consolidated Edison’s worth is under its 50-day moving average of $96.45 and below its 200-day moving average of $94.48.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is 13.6% and 3.1%, respectively.

More news about Consolidated Edison.

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