Blackrock MuniYield Quality Fund II, Mercantile Bank Corporation, Another 2 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Blackrock MuniYield Quality Fund II (MQT), Mercantile Bank Corporation (MBWM), Mercury General Corporation (MCY) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Blackrock MuniYield Quality Fund II (MQT) 4.41% 2023-11-16 07:07:06
Mercantile Bank Corporation (MBWM) 3.91% 2023-11-22 01:11:06
Mercury General Corporation (MCY) 3.49% 2023-11-16 01:14:05
South Plains Financial (SPFI) 2.01% 2023-11-29 21:15:05

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. Blackrock MuniYield Quality Fund II (MQT) – Dividend Yield: 4.41%

Blackrock MuniYield Quality Fund II’s last close was $9.52, 13.53% below its 52-week high of $11.01. Intraday change was 0.74%.

BlackRock MuniYield Quality Fund II, Inc. is a closed ended fixed income mutual fund launched by BlackRock, Inc. It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets. It primarily invests in municipal debt bonds exempt from federal income taxes. BlackRock MuniYield Quality Fund II, Inc. was formed in September 21, 1992 and is domiciled in United States.

Earnings Per Share

As for profitability, Blackrock MuniYield Quality Fund II has a trailing twelve months EPS of $-0.11.

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 -0.96%.

Volume

Today’s last reported volume for Blackrock MuniYield Quality Fund II is 100214 which is 78.62% above its average volume of 56103.

More news about Blackrock MuniYield Quality Fund II.

2. Mercantile Bank Corporation (MBWM) – Dividend Yield: 3.91%

Mercantile Bank Corporation’s last close was $34.90, 5.85% below its 52-week high of $37.07. Intraday change was -2.43%.

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 $5.26.

PE Ratio

Mercantile Bank Corporation has a trailing twelve months price to earnings ratio of 6.63. Meaning, the purchaser of the share is investing $6.63 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 18.67%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 17.4%, now sitting on 217.4M for the twelve trailing months.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Nov 29, 2023, the estimated forward annual dividend rate is 1.36 and the estimated forward annual dividend yield is 3.91%.

Yearly Top and Bottom Value

Mercantile Bank Corporation’s stock is valued at $34.90 at 04:15 EST, under its 52-week high of $37.07 and way above its 52-week low of $23.89.

More news about Mercantile Bank Corporation.

3. Mercury General Corporation (MCY) – Dividend Yield: 3.49%

Mercury General Corporation’s last close was $36.35, 7.9% below its 52-week high of $39.47. Intraday change was -0.9%.

Mercury General Corporation, together with its subsidiaries, engages in writing personal automobile insurance in the United States. It also writes homeowners, commercial automobile, commercial property, mechanical protection, fire, and umbrella insurance. The company's automobile insurance products cover collision, property damage, bodily injury, comprehensive, personal injury protection, underinsured and uninsured motorist, and other hazards; and homeowners' insurance products cover dwelling, liability, personal property, fire, and other hazards. It sells its policies through a network of independent agents, 100% owned insurance agents, and direct channels in Arizona, California, Florida, Georgia, Illinois, Nevada, New Jersey, New York, Oklahoma, Texas, and Virginia. The company was founded in 1961 and is headquartered in Los Angeles, California.

Earnings Per Share

As for profitability, Mercury General Corporation has a trailing twelve months EPS of $-1.84.

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 -6.97%.

Moving Average

Mercury General Corporation’s value is way above its 50-day moving average of $30.69 and way above its 200-day moving average of $31.05.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Dec 12, 2023, the estimated forward annual dividend rate is 1.27 and the estimated forward annual dividend yield is 3.49%.

Yearly Top and Bottom Value

Mercury General Corporation’s stock is valued at $36.35 at 04:15 EST, below its 52-week high of $39.47 and way above its 52-week low of $26.15.

Volume

Today’s last reported volume for Mercury General Corporation is 150568 which is 11.04% below its average volume of 169268.

More news about Mercury General Corporation.

4. South Plains Financial (SPFI) – Dividend Yield: 2.01%

South Plains Financial’s last close was $26.25, 15.81% below its 52-week high of $31.18. Intraday change was 1.27%.

South Plains Financial, Inc. operates as a bank holding company for City Bank that provides commercial and consumer financial services to small and medium-sized businesses and individuals. The company operates through two segments, Banking and Insurance. It offers deposit products, including demand deposit accounts, interest-bearing products, savings accounts, and certificate of deposits. The company also provides commercial real estate loans; general and specialized commercial loans, including agricultural production and real estate, energy, finance, investment, and insurance loans, as well as loans to goods, services, restaurant and retail, construction, and other industries; residential construction loans; and 1-4 family residential loans, auto loans, and other loans for recreational vehicles or other purposes. In addition, it offers crop insurance products; trust products and services; investment services; mortgage banking services; online and mobile banking services; and debit and credit cards. The company operates 25 full-service banking locations; and 15 loan production offices located throughout Texas and Eastern New Mexico. South Plains Financial, Inc. was founded in 1941 and is headquartered in Lubbock, Texas.

Earnings Per Share

As for profitability, South Plains Financial has a trailing twelve months EPS of $3.72.

PE Ratio

South Plains Financial has a trailing twelve months price to earnings ratio of 7.06. Meaning, the purchaser of the share is investing $7.06 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 18.23%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 14.4%, now sitting on 216M for the twelve trailing months.

Sales Growth

South Plains Financial’s sales growth is negative 4.1% for the ongoing quarter and 3.5% for the next.

Moving Average

South Plains Financial’s value is below its 50-day moving average of $26.39 and above its 200-day moving average of $24.45.

More news about South Plains Financial.

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