BlackRock Income Trust, Union Bankshares, Another 3 Companies Have A High Estimated Dividend Yield

(VIANEWS) – BlackRock Income Trust (BKT), Union Bankshares (UNB), Mercantile Bank Corporation (MBWM) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
BlackRock Income Trust (BKT) 9.5% 2023-10-08 19:23:06
Union Bankshares (UNB) 5.65% 2023-10-19 13:07:05
Mercantile Bank Corporation (MBWM) 4.42% 2023-10-17 07:12:04
The Travelers Companies (TRV) 2.48% 2023-10-25 12:59:16
Celanese (CE) 2.43% 2023-10-25 12:53:33

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. BlackRock Income Trust (BKT) – Dividend Yield: 9.5%

BlackRock Income Trust’s last close was $11.14, 16.24% under its 52-week high of $13.30. Intraday change was 0.18%.

BlackRock Income Trust, Inc. is a closed ended fixed income mutual fund launched by BlackRock, Inc. The fund is managed by BlackRock Advisors, LLC. It invests in the fixed income markets of the United States. The fund invests in securities of companies that operate across diversified sectors. It invests in securities such as U.S. government sponsored agency securities, non-agency mortgage-backed securities, asset-backed securities, and U.S. treasury obligations. The fund invests its assets in securities that are issued or guaranteed by the US government or one of its agencies or instrumentalities or rated at the time of investment either AAA by S&P or Aaa by Moody's. BlackRock Income Trust, Inc. was formed on July 22, 1988 and is domiciled in the United States.

Earnings Per Share

As for profitability, BlackRock Income Trust has a trailing twelve months EPS of $-0.75.

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 -5.54%.

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2. Union Bankshares (UNB) – Dividend Yield: 5.65%

Union Bankshares’s last close was $25.23, 9.86% below its 52-week high of $27.99. Intraday change was 0%.

Union Bankshares, Inc. operates as the bank holding company for Union Bank that provides retail, commercial, and municipal banking products and services in northern Vermont and New Hampshire. It offers retail depository services, such as personal checking, savings, money market, IRA/SEP/KEOGH, and health savings accounts, as well as certificates of deposit. The company also provides commercial real estate loans; consumer loans; municipal loans; commercial loans for plant and equipment, working capital, real estate renovation, and other business purposes to business owners and investors; and residential real estate loans. In addition, it offers small business administration guaranteed, and residential construction and mortgage loans; online cash management services, including account reconciliation, credit card depository, automated clearing house origination, wire transfers, and night depository services; merchant credit card services; remote deposit capture services; and online mortgage application services. Further, the company provides business checking accounts; standby letters of credit, bank checks or money orders, and safe deposit boxes; ATM services; debit cards; and telephone, Internet, and mobile banking services; home improvement loans and overdraft; and asset management, fiduciary, and trust services. It offers retail banking services to individuals; and commercial banking services to small and medium sized corporations, partnerships, and sole proprietorships, as well as nonprofit organizations, local municipalities, and school districts. The company operates 18 banking offices, 2 loan centers, and various ATMs. Union Bankshares, Inc. was founded in 1891 and is headquartered in Morrisville, Vermont.

Earnings Per Share

As for profitability, Union Bankshares has a trailing twelve months EPS of $2.85.

PE Ratio

Union Bankshares has a trailing twelve months price to earnings ratio of 8.77. Meaning, the purchaser of the share is investing $8.77 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 21.64%.

Yearly Top and Bottom Value

Union Bankshares’s stock is valued at $24.99 at 03:15 EST, way below its 52-week high of $27.99 and way above its 52-week low of $20.07.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Jul 26, 2023, the estimated forward annual dividend rate is 1.44 and the estimated forward annual dividend yield is 5.65%.

Volume

Today’s last reported volume for Union Bankshares is 5795 which is 17.94% below its average volume of 7062.

Revenue Growth

Year-on-year quarterly revenue growth grew by 2.4%, now sitting on 49.74M for the twelve trailing months.

More news about Union Bankshares.

3. Mercantile Bank Corporation (MBWM) – Dividend Yield: 4.42%

Mercantile Bank Corporation’s last close was $30.76, 16.86% below its 52-week high of $37.00. Intraday change was 0.65%.

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 $4.96.

PE Ratio

Mercantile Bank Corporation has a trailing twelve months price to earnings ratio of 6.2. Meaning, the purchaser of the share is investing $6.2 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 17.44%.

More news about Mercantile Bank Corporation.

4. The Travelers Companies (TRV) – Dividend Yield: 2.48%

The Travelers Companies’s last close was $164.73, 15.31% under its 52-week high of $194.51. Intraday change was 3.63%.

The Travelers Companies, Inc., through its subsidiaries, provides a range of commercial and personal property, and casualty insurance products and services to businesses, government units, associations, and individuals in the United States and internationally. It operates through three segments: Business Insurance, Bond & Specialty Insurance, and Personal Insurance. The Business Insurance segment offers workers' compensation, commercial automobile and property, general liability, commercial multi-peril, employers' liability, public and product liability, professional indemnity, marine, aviation, onshore and offshore energy, construction, terrorism, personal accident, and kidnap and ransom insurance products. This segment operates through select accounts, which serve small businesses; commercial accounts that serve mid-sized businesses; national accounts, which serve large companies; and national property and other that serve large and mid-sized customers, commercial trucking industry, and agricultural businesses, as well as markets and distributes its products through brokers, wholesale agents, and program managers. The Bond & Specialty Insurance segment provides surety, fidelity, management and professional liability, and other property and casualty coverages and related risk management services through independent agencies and brokers. The Personal Insurance segment offers property and casualty insurance covering personal risks, primarily automobile and homeowners' insurance to individuals through independent agencies and brokers. The Travelers Companies, Inc. was founded in 1853 and is based in New York, New York.

Earnings Per Share

As for profitability, The Travelers Companies has a trailing twelve months EPS of $9.43.

PE Ratio

The Travelers Companies has a trailing twelve months price to earnings ratio of 17.35. Meaning, the purchaser of the share is investing $17.35 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 10.95%.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, The Travelers Companies’s stock is considered to be overbought (>=80).

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5. Celanese (CE) – Dividend Yield: 2.43%

Celanese’s last close was $112.94, 13.82% below its 52-week high of $131.05. Intraday change was -2.35%.

Celanese Corporation, a chemical and specialty materials company, manufactures and sells high performance engineered polymers in the United States and internationally. It operates through Engineered Materials and Acetyl Chain. The Engineered Materials segment develops, produces, and supplies specialty polymers for automotive and medical applications, as well as for use in industrial products and consumer electronics. It also offers acesulfame potassium for the food and beverage industry, and food protection ingredients, such as potassium sorbate and sorbic acid. The Acetyl Chain segment produces and supplies acetyl products, including acetic acid, vinyl acetate monomers, acetic anhydride, and acetate esters that are used as starting materials for colorants, paints, adhesives, coatings, and pharmaceuticals; and organic solvents and intermediates for pharmaceutical, agricultural, and chemical products. It also offers vinyl acetate-based emulsions for use in paints and coatings, adhesives, construction, glass fiber, textiles, and paper applications; and ethylene vinyl acetate resins and compounds, as well as low-density polyethylene for use in flexible packaging films, lamination film products, hot melt adhesives, automotive parts, and carpeting applications. In addition, it provides redispersible powders (RDP) for use in construction applications, including flooring, plasters, insulation, tiling, and waterproofing. Celanese Corporation was founded in 1918 and is headquartered in Irving, Texas.

Earnings Per Share

As for profitability, Celanese has a trailing twelve months EPS of $11.64.

PE Ratio

Celanese has a trailing twelve months price to earnings ratio of 9.75. Meaning, the purchaser of the share is investing $9.75 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 22.63%.

Moving Average

Celanese’s worth is below its 50-day moving average of $122.65 and under its 200-day moving average of $116.09.

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