(VIANEWS) – Bank Of Montreal (BMO), Independent Bank Corporation (IBCP), Meridian Corporation (MRBK) have the highest dividend yield stocks on this list.
| Financial Asset | Forward Dividend Yield | Updated (EST) |
|---|---|---|
| Bank Of Montreal (BMO) | 4.23% | 2023-03-10 14:55:24 |
| Independent Bank Corporation (IBCP) | 3.94% | 2023-02-27 01:42:17 |
| Meridian Corporation (MRBK) | 3.16% | 2023-03-06 07:11:09 |
| NewJersey Resources Corporation (NJR) | 3.02% | 2023-02-22 07:47:17 |
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. Bank Of Montreal (BMO) – Dividend Yield: 4.23%
Bank Of Montreal’s last close was $88.26, 28.11% below its 52-week high of $122.77. Intraday change was -2.43%.
Bank of Montreal engages in the provision of diversified financial services primarily in North America. The company's personal banking products and services include checking and savings accounts, credit cards, mortgages, personal loans, small business lending, cash management, and financial and investment advice services; and commercial banking products and services comprise business deposit accounts, commercial credit cards, business loans and commercial mortgages, cash management solutions, foreign exchange, specialized banking programs, treasury and payment solutions, and risk management products for small business and commercial banking customers. It also offers investment and wealth advisory services; digital investing services; financial services and solutions; and investment management, and trust and custody services. In addition, the company provides life, accident, and sickness insurance, and annuity products; creditor and travel insurance to bank customers; and reinsurance solutions. Further, it offers client's debt and equity capital-raising services, as well as loan origination and syndication, balance sheet management, and treasury management; strategic advice on mergers and acquisitions, restructurings, and recapitalizations; and trade finance, risk mitigation, and other operating services. Additionally, the company provides research and access to markets for institutional, corporate, and retail clients; trading solutions that include debt, foreign exchange, interest rate, credit, equity, securitization, and commodities; new product development and origination services, as well as risk management and advisory services to hedge against fluctuations; and funding and liquidity management services to its clients. As of October 31, 2022, it operated approximately 1,300 bank branches and 4,700 automated banking machines, as well as online and mobile digital banking platforms. Bank of Montreal was founded in 1817 and is headquartered in Montreal, Canada.
Earnings Per Share
As for profitability, Bank Of Montreal has a trailing twelve months EPS of $6.69.
PE Ratio
Bank Of Montreal has a trailing twelve months price to earnings ratio of 13.22. Meaning, the purchaser of the share is investing $13.22 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 21.06%.
Volume
Today’s last reported volume for Bank Of Montreal is 904941 which is 69.83% above its average volume of 532823.
Revenue Growth
Year-on-year quarterly revenue growth grew by 54.8%, now sitting on 33.38B for the twelve trailing months.
More news about Bank Of Montreal.
2. Independent Bank Corporation (IBCP) – Dividend Yield: 3.94%
Independent Bank Corporation’s last close was $22.39, 10.33% below its 52-week high of $24.97. Intraday change was -0.67%.
Independent Bank Corporation operates as the bank holding company for Independent Bank that provides various banking services to individuals and businesses. The company offers checking and savings accounts, commercial lending, direct and indirect consumer financing, mortgage lending, and safe deposit box services, as well as automatic teller machine, and Internet and mobile banking services. It also provides title insurance, insurance brokerage, and investment services. The company offers its services through approximately 59 branches, two drive-thru facilities, and nine loan production offices in Michigan; and two loan production offices in Ohio. Independent Bank Corporation was founded in 1864 and is based in Grand Rapids, Michigan.
Earnings Per Share
As for profitability, Independent Bank Corporation has a trailing twelve months EPS of $3.33.
PE Ratio
Independent Bank Corporation has a trailing twelve months price to earnings ratio of 6.68. Meaning, the purchaser of the share is investing $6.68 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 16.98%.
Moving Average
Independent Bank Corporation’s value is below its 50-day moving average of $23.21 and above its 200-day moving average of $21.37.
More news about Independent Bank Corporation.
3. Meridian Corporation (MRBK) – Dividend Yield: 3.16%
Meridian Corporation’s last close was $31.62, 12.12% below its 52-week high of $35.98. Intraday change was 0.13%.
Meridian Corporation operates as the holding company for Meridian Bank that provides commercial banking products and services in Pennsylvania, New Jersey, Delaware, and Maryland. The company offers various deposit products, such as demand non-interest bearing, demand interest bearing, savings accounts, money market accounts, and time deposits. It also provides commercial and industrial loans comprising business lines of credit, term loans, small business lending, lease financing, and shared national credits; commercial real estate, and land development and construction loans for residential and commercial projects; and consumer and home equity lending, private banking, merchant, and title and land settlement services. In addition, the company operates and originates mortgage loans for 1-4 family dwellings; and offers real estate holding, investment advisory, and electronic payment and cash management services. It operates through 17 offices. The company was founded in 2004 and is headquartered in Malvern, Pennsylvania.
Earnings Per Share
As for profitability, Meridian Corporation has a trailing twelve months EPS of $3.57.
PE Ratio
Meridian Corporation has a trailing twelve months price to earnings ratio of 8.86. Meaning, the purchaser of the share is investing $8.86 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 13.7%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 23.4%, now sitting on 109.36M for the twelve trailing months.
More news about Meridian Corporation.
4. NewJersey Resources Corporation (NJR) – Dividend Yield: 3.02%
NewJersey Resources Corporation’s last close was $50.89, 4.93% below its 52-week high of $53.53. Intraday change was -1.57%.
New Jersey Resources Corporation, an energy services holding company, provides regulated gas distribution, and retail and wholesale energy services. The company operates through four segments: Natural Gas Distribution, Clean Energy Ventures, Energy Services, and Midstream segments. The Natural Gas Distribution segment offers regulated retail natural gas services to approximately 547,600 residential and commercial customers in central and northern New Jersey; provides storage management services; and participates in the off-system sales and capacity release markets. The Clean Energy Ventures segment invests in commercial and residential solar projects located in New Jersey; and onshore wind projects. The Energy Services segment provides unregulated wholesale energy management services to other energy companies and natural gas producers, as well as maintains and transacts a portfolio of physical assets consisting of natural gas storage and transportation contracts in the United States and Canada. The Midstream segment invests in natural gas transportation and storage facilities. The company offers heating, ventilation, and cooling services; holds commercial real estate properties; and provides solar equipment installation, and plumbing repair and installation services, as well as engages in the water appliance sale, installation, and servicing activities. New Jersey Resources Corporation was founded in 1922 and is based in Wall, New Jersey.
Earnings Per Share
As for profitability, NewJersey Resources Corporation has a trailing twelve months EPS of $2.07.
PE Ratio
NewJersey Resources Corporation has a trailing twelve months price to earnings ratio of 24.55. Meaning, the purchaser of the share is investing $24.55 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 15.36%.
Yearly Top and Bottom Value
NewJersey Resources Corporation’s stock is valued at $50.89 at 16:15 EST, under its 52-week high of $53.53 and way higher than its 52-week low of $38.07.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Mar 13, 2023, the estimated forward annual dividend rate is 1.56 and the estimated forward annual dividend yield is 3.02%.
More news about NewJersey Resources Corporation.
