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Columbia Banking System, LTC Properties, Another 3 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Columbia Banking System (COLB), LTC Properties (LTC), Hope Bancorp (HOPE) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Columbia Banking System (COLB) 7.53% 2024-07-08 05:06:05
LTC Properties (LTC) 6.65% 2024-07-04 09:10:05
Hope Bancorp (HOPE) 5.38% 2024-06-27 23:11:06
BlackRock Long (BTA) 5.17% 2024-07-02 01:17:09
CenterPoint Energy (CNP) 2.62% 2024-07-02 11:07:09

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. Columbia Banking System (COLB) – Dividend Yield: 7.53%

Columbia Banking System’s last close was $19.13, 31.97% below its 52-week high of $28.12. Intraday change was -2.2%.

Columbia Banking System, Inc. operates as the bank holding company for Columbia State Bank that provides a range of banking services to small and medium-sized businesses, professionals, and individuals in Washington, Oregon, and Idaho. It offers personal banking products and services, including non-interest and interest-bearing checking, savings, money market, and certificate of deposit accounts; home mortgages for purchases and refinances, home equity loans and lines of credit, and other personal loans; debit and credit cards; and digital banking services. The company also provides business banking products and services, such as checking, savings, interest-bearing money market, and certificate of deposit accounts; agricultural, asset-based, builder and other commercial real estate loans, as well as loans guaranteed by the small business administration; debit and credit cards; and professional banking, treasury management, merchant card, and international banking services. In addition, it offers wealth management solutions that include financial planning services, such as asset allocation, net worth analysis, estate planning and preservation, education funding, and wealth transfer; insurance solutions, which include long-term care, and life and disability insurance; individual retirement solutions comprising retirement planning, retirement income strategies, and traditional and roth individual retirement accounts; and business solutions, which comprise business retirement plans, key person insurance, business succession planning, and deferred compensation plans to individuals, families, and professional businesses. Further, the company provides fiduciary, investment, and administrative trust services, such as personal and special needs trusts, estate settlement services, and investment agency and charitable management services. As of December 31, 2020, it operated approximately 145 branches. The company was founded in 1993 and is headquartered in Tacoma, Washington.

Earnings Per Share

As for profitability, Columbia Banking System has a trailing twelve months EPS of $2.46.

PE Ratio

Columbia Banking System has a trailing twelve months price to earnings ratio of 7.78. Meaning, the purchaser of the share is investing $7.78 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 9.89%.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on May 23, 2024, the estimated forward annual dividend rate is 1.44 and the estimated forward annual dividend yield is 7.53%.

More news about Columbia Banking System.

2. LTC Properties (LTC) – Dividend Yield: 6.65%

LTC Properties’s last close was $34.28, 4.03% below its 52-week high of $35.72. Intraday change was -0.55%.

LTC is a real estate investment trust (REIT) investing in seniors housing and health care properties primarily through sale-leasebacks, mortgage financing, joint-ventures and structured finance solutions including preferred equity and mezzanine lending. LTC holds 180 investments in 27 states with 29 operating partners. The portfolio is comprised of approximately 50% seniors housing and 50% skilled nursing properties.

Earnings Per Share

As for profitability, LTC Properties has a trailing twelve months EPS of $1.92.

PE Ratio

LTC Properties has a trailing twelve months price to earnings ratio of 17.85. Meaning, the purchaser of the share is investing $17.85 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 9.26%.

Sales Growth

LTC Properties’s sales growth is 4.3% for the present quarter and 1.5% for the next.

Volume

Today’s last reported volume for LTC Properties is 79812 which is 68.71% below its average volume of 255104.

More news about LTC Properties.

3. Hope Bancorp (HOPE) – Dividend Yield: 5.38%

Hope Bancorp’s last close was $10.40, 16.87% under its 52-week high of $12.51. Intraday change was 0.48%.

Hope Bancorp, Inc. operates as the bank holding company for Bank of Hope that provides banking services for small and medium-sized businesses, and individuals in the United States. The company accepts personal and business checking, money market, savings, time deposit, and individual retirement accounts. Its loan products include commercial loans to businesses for various purposes, such as working capital, purchasing inventory, debt refinancing, business acquisitions, and other business related financing needs; real estate loans; small business administration loans; and consumer loans, such as single-family mortgage, home equity, auto, credit card, and personal loans. The company also offers trade finance services, including the issuance and negotiation of letters of credit, as well as handles documentary collections; warehouse lines of credit to mortgage loan originators; and commercial equipment lease financing. In addition, it provides cash management services, such as remote deposit capture, lock box, and ACH origination services; investment and wealth management services; mobile banking services; debit card services; foreign exchanges services, safe deposit boxes, and other customary bank services; internet banking services; and automated teller machine services. As of January 26, 2021, the company operated 58 full-service branches in California, Washington, Texas, Illinois, New York, New Jersey, Virginia, and Alabama; SBA loan production offices in Seattle, Denver, Dallas, Atlanta, Portland, Oregon, New York City, Northern California, and Houston; commercial loan production office in Northern California and Seattle; residential mortgage loan production offices in Southern California; and a representative office in Seoul, Korea. The company was formerly known as BBCN Bancorp, Inc. and changed its name to Hope Bancorp, Inc. in August 2016. Hope Bancorp, Inc. was incorporated in 2000 and is headquartered in Los Angeles, California.

Earnings Per Share

As for profitability, Hope Bancorp has a trailing twelve months EPS of $0.99.

PE Ratio

Hope Bancorp has a trailing twelve months price to earnings ratio of 10.51. Meaning, the purchaser of the share is investing $10.51 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 5.77%.

Moving Average

Hope Bancorp’s worth is below its 50-day moving average of $10.47 and under its 200-day moving average of $10.45.

Sales Growth

Hope Bancorp’s sales growth for the current quarter is negative 4.8%.

More news about Hope Bancorp.

4. BlackRock Long (BTA) – Dividend Yield: 5.17%

BlackRock Long’s last close was $10.09, 4.99% below its 52-week high of $10.62. Intraday change was -0.39%.

BlackRock Long-Term Municipal Advantage Trust 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 of the United States. It uses financial derivatives to invest in municipal obligations. The fund primarily invests in long-term municipal bonds with a maturity of more than ten years at the time of investment. BlackRock Long-Term Municipal Advantage Trust was formed on February 28, 2006 and is domiciled in United States.

Earnings Per Share

As for profitability, BlackRock Long has a trailing twelve months EPS of $0.27.

PE Ratio

BlackRock Long has a trailing twelve months price to earnings ratio of 37.37. Meaning, the purchaser of the share is investing $37.37 for every dollar of annual earnings.

More news about BlackRock Long.

5. CenterPoint Energy (CNP) – Dividend Yield: 2.62%

CenterPoint Energy’s last close was $30.55, 3.23% below its 52-week high of $31.57. Intraday change was -0.1%.

CenterPoint Energy, Inc. operates as a public utility holding company in the United States. The company operates through Electric, Natural Gas, and Midstream Investments segments. The Electric segment includes electric transmission and distribution services to electric customers and electric generation assets, as well as assets in the wholesale power market. The Natural Gas segment provides natural gas distribution services, as well as home appliance maintenance and repair services to customers in Minnesota; and home repair protection plans to natural gas customers in Texas and Louisiana through a third party. This segment also sells regulated intrastate natural gas, as well as natural gas transportation and storage services for residential, commercial, industrial, and transportation customers. The Midstream Investments segment provides natural gas and crude oil gathering, and natural gas processing services to its producer customers, as well as crude oil, condensate, and produced water gathering services to its producer and refiner customers; and interstate and intrastate natural gas pipeline transportation and storage services to its producer, power plant, local distribution company, and industrial end-user customers. As of December 31, 2020, it served approximately 2.6 million metered customers; owned 239 substation sites with a total installed rated transformer capacity of 69,915 megavolt amperes; operated approximately 99,000 linear miles of natural gas distribution mains, as well as 77,000 linear miles of natural gas transmission mains; and owned and operated 264 miles of intrastate pipeline in Louisiana, Texas, and Oklahoma. CenterPoint Energy, Inc. was founded in 1866 and is headquartered in Houston, Texas.

Earnings Per Share

As for profitability, CenterPoint Energy has a trailing twelve months EPS of $1.42.

PE Ratio

CenterPoint Energy has a trailing twelve months price to earnings ratio of 21.49. Meaning, the purchaser of the share is investing $21.49 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 9.26%.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is 17.9% and 12.5%, respectively.

Yearly Top and Bottom Value

CenterPoint Energy’s stock is valued at $30.52 at 17:15 EST, below its 52-week high of $31.57 and way above its 52-week low of $25.42.

Sales Growth

CenterPoint Energy’s sales growth for the current quarter is 2.4%.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on May 15, 2024, the estimated forward annual dividend rate is 0.8 and the estimated forward annual dividend yield is 2.62%.

More news about CenterPoint Energy.

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