Eaton Vance Floating Rate Income Trust, John Hancock, Another 7 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Eaton Vance Floating Rate Income Trust (EFT), John Hancock (HPF), Union Bankshares (UNB) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Eaton Vance Floating Rate Income Trust (EFT) 11.36% 2023-09-03 22:55:31
John Hancock (HPF) 9.75% 2023-09-04 19:23:07
Union Bankshares (UNB) 6.99% 2023-08-26 20:07:14
Lake Shore Bancorp (LSBK) 6.85% 2023-09-11 09:14:07
Danaos Corporation (DAC) 4.47% 2023-09-03 17:07:07
MFS Municipal Income Trust (MFM) 4.43% 2023-09-05 13:23:09
Independent Bank Group (IBTX) 3.95% 2023-09-10 19:07:07
AmeriServ Financial (ASRV) 3.93% 2023-09-08 10:41:07
Seacoast Banking Corporation of Florida (SBCF) 3.14% 2023-09-12 22:42:08

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. Eaton Vance Floating Rate Income Trust (EFT) – Dividend Yield: 11.36%

Eaton Vance Floating Rate Income Trust’s last close was $12.25, 0.73% under its 52-week high of $12.34. Intraday change was 1.74%.

Eaton Vance Floating-Rate Income Trust is a closed-ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in fixed income markets of the United States. It invests in fixed income securities operating across diversified sectors. The fund primarily invests in senior, secured floating rate loans. It benchmarks the performance of its portfolio against the S&P/LSTA Leveraged Loan Index. Eaton Vance Floating-Rate Income Trust was formed on June 29, 2004 and is domiciled in the United States.

Earnings Per Share

As for profitability, Eaton Vance Floating Rate Income Trust has a trailing twelve months EPS of $0.51.

PE Ratio

Eaton Vance Floating Rate Income Trust has a trailing twelve months price to earnings ratio of 24.02. Meaning, the purchaser of the share is investing $24.02 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 3.95%.

Yearly Top and Bottom Value

Eaton Vance Floating Rate Income Trust’s stock is valued at $12.25 at 17:15 EST, under its 52-week high of $12.34 and way above its 52-week low of $10.89.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Sep 20, 2023, the estimated forward annual dividend rate is 1.39 and the estimated forward annual dividend yield is 11.36%.

Volume

Today’s last reported volume for Eaton Vance Floating Rate Income Trust is 105724 which is 52.33% above its average volume of 69404.

More news about Eaton Vance Floating Rate Income Trust.

2. John Hancock (HPF) – Dividend Yield: 9.75%

John Hancock’s last close was $15.12, 17.6% under its 52-week high of $18.35. Intraday change was -0.53%.

John Hancock Preferred Income Fund II is a closed ended fixed income mutual fund launched and managed by John Hancock Investment Management LLC. It is co-managed by John Hancock Asset Management. The fund invests in the fixed income markets of the United States. It seeks to invest in securities of companies operating across diversified sectors. The fund primarily invests in preferred value stocks of companies, convertible preferred securities, and investment grade fixed-income securities rated investment grade or higher by Moody's or Standard & Poor's. It benchmarks the performance of its portfolio against the Bank of America Merrill Lynch Hybrid Preferred Securities Index and Barclays U.S. Aggregate Bond Index. John Hancock Preferred Income Fund II was formed on November 29, 2002 and is domiciled in the United States.

Earnings Per Share

As for profitability, John Hancock has a trailing twelve months EPS of $-0.96.

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 -5.22%.

Moving Average

John Hancock’s value is below its 50-day moving average of $15.21 and below its 200-day moving average of $15.66.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Aug 9, 2023, the estimated forward annual dividend rate is 1.48 and the estimated forward annual dividend yield is 9.75%.

More news about John Hancock.

3. Union Bankshares (UNB) – Dividend Yield: 6.99%

Union Bankshares’s last close was $20.60, 26.4% under its 52-week high of $27.99. Intraday change was -1.01%.

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 7.23. Meaning, the purchaser of the share is investing $7.23 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%.

Volume

Today’s last reported volume for Union Bankshares is 5813 which is 27.53% above its average volume of 4558.

Revenue Growth

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

Dividend Yield

As stated by 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 6.99%.

Yearly Top and Bottom Value

Union Bankshares’s stock is valued at $20.60 at 17:15 EST, way below its 52-week high of $27.99 and above its 52-week low of $20.07.

More news about Union Bankshares.

4. Lake Shore Bancorp (LSBK) – Dividend Yield: 6.85%

Lake Shore Bancorp’s last close was $10.51, 23.67% below its 52-week high of $13.77. Intraday change was 0%.

Lake Shore Bancorp, Inc. operates as the savings and loan holding company for Lake Shore Savings Bank that provides banking products and services. It accepts various deposit products, such as regular savings deposits, including Christmas Club, passbook, and statement savings accounts; money market savings and checking accounts; interest bearing and non-interest bearing checking accounts comprising demand deposits; health savings accounts; retirement accounts; time deposits; interest on lawyer accounts; and accounts for individuals, as well as commercial savings, checking, and money market accounts for small to medium sized businesses. The company's loan portfolio consists of commercial real estate, commercial construction, and home equity loans; lines of credit; commercial loans, such as business installment loan, line of credit, and other commercial loan; one-to four-family residential mortgages; and consumer loans that include personal consumer loans, overdraft lines of credit, vehicle loans, secured and unsecured property improvement loans, and other secured loans, as well as loans secured by certificates of deposit. As of February 5, 2021, it had eleven full-service branch locations in Western New York, including five locations in Chautauqua County and six locations in Erie County, New York. The company was founded in 1891 and is headquartered in Dunkirk, New York. Lake Shore Bancorp, Inc. operates as a subsidiary of Lake Shore, MHC.

Earnings Per Share

As for profitability, Lake Shore Bancorp has a trailing twelve months EPS of $0.93.

PE Ratio

Lake Shore Bancorp has a trailing twelve months price to earnings ratio of 11.29. Meaning, the purchaser of the share is investing $11.29 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 6.66%.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Lake Shore Bancorp’s stock is considered to be oversold (<=20).

Volatility

Lake Shore Bancorp’s last week, last month’s, and last quarter’s current intraday variation average was a positive 0.10%, a negative 0.12%, and a positive 1.41%.

Lake Shore Bancorp’s highest amplitude of average volatility was 0.10% (last week), 1.45% (last month), and 1.41% (last quarter).

More news about Lake Shore Bancorp.

5. Danaos Corporation (DAC) – Dividend Yield: 4.47%

Danaos Corporation’s last close was $67.39, 6.58% under its 52-week high of $72.14. Intraday change was 0.4%.

Danaos Corporation, together with its subsidiaries, owns and operates containerships in Australia, Asia, Europe, and the United States. The company offers seaborne transportation services, such as chartering its vessels to liner companies. As of February 28, 2021, it had a fleet of 65 containerships aggregating 403,793 twenty foot equivalent units in capacity. The company was formerly known as Danaos Holdings Limited and changed its name to Danaos Corporation in October 2005. Danaos Corporation was founded in 1972 and is based in Piraeus, Greece.

Earnings Per Share

As for profitability, Danaos Corporation has a trailing twelve months EPS of $25.39.

PE Ratio

Danaos Corporation has a trailing twelve months price to earnings ratio of 2.65. Meaning, the purchaser of the share is investing $2.65 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 19.81%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Danaos Corporation’s EBITDA is 1.38.

Sales Growth

Danaos Corporation’s sales growth is negative 2.5% for the present quarter and negative 7.4% for the next.

More news about Danaos Corporation.

6. MFS Municipal Income Trust (MFM) – Dividend Yield: 4.43%

MFS Municipal Income Trust’s last close was $5.00, 9.58% under its 52-week high of $5.53. Intraday change was -0.78%.

MFS Municipal Income Trust is a close ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. The fund invests in fixed income markets of the United States. It primarily invests in tax-exempt bonds and tax-exempt notes. The fund benchmarks the performance of its portfolio against Barclays Municipal Bond Index. MFS Municipal Income Trust was founded in November 25, 1986 and and is domiciled in United States.

Earnings Per Share

As for profitability, MFS Municipal Income Trust has a trailing twelve months EPS of $-0.17.

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 -2.63%.

Volume

Today’s last reported volume for MFS Municipal Income Trust is 19903 which is 77.57% below its average volume of 88741.

Yearly Top and Bottom Value

MFS Municipal Income Trust’s stock is valued at $4.96 at 17:15 EST, way below its 52-week high of $5.53 and above its 52-week low of $4.66.

More news about MFS Municipal Income Trust.

7. Independent Bank Group (IBTX) – Dividend Yield: 3.95%

Independent Bank Group’s last close was $38.48, 45.78% under its 52-week high of $70.97. Intraday change was 0.87%.

Independent Bank Group, Inc. operates as the bank holding company for Independent Bank that provides various commercial banking products and services to businesses, professionals, and individuals in the United States. It accepts various deposit products, including checking and savings accounts, demand deposits, money market accounts, and certificates of deposit. The company also provides commercial real estate loans; commercial construction, land, and land development loans; residential real estate loans; single-family interim construction loans; commercial loans comprising SBA guaranteed loans, business term loans, equipment lease financing, lines of credit, and energy related loans; agricultural loans for farmers and ranchers; consumer installment loans comprising loans to purchase cars, boats, and other recreational vehicles; and residential mortgages. In addition, it offers debit cards, online and mobile banking, eStatement, bank-by-mail, and direct deposit services; and business accounts and management services, including analyzed business checking, business savings, and treasury management services. As of December 31, 2020, the company operated 93 branches. Independent Bank Group, Inc. was founded in 2002 and is headquartered in McKinney, Texas.

Earnings Per Share

As for profitability, Independent Bank Group has a trailing twelve months EPS of $2.15.

PE Ratio

Independent Bank Group has a trailing twelve months price to earnings ratio of 17.9. Meaning, the purchaser of the share is investing $17.9 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 3.76%.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Aug 1, 2023, the estimated forward annual dividend rate is 1.52 and the estimated forward annual dividend yield is 3.95%.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is a negative 44.4% and a negative 38.3%, respectively.

More news about Independent Bank Group.

8. AmeriServ Financial (ASRV) – Dividend Yield: 3.93%

AmeriServ Financial’s last close was $3.05, 25.97% below its 52-week high of $4.12. Intraday change was 0%.

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 $0.25.

PE Ratio

AmeriServ Financial has a trailing twelve months price to earnings ratio of 12.2. Meaning, the purchaser of the share is investing $12.2 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 4.17%.

Volume

Today’s last reported volume for AmeriServ Financial is 122 which is 99.34% below its average volume of 18754.

Volatility

AmeriServ Financial’s last week, last month’s, and last quarter’s current intraday variation average was a negative 1.64%, a negative 0.41%, and a positive 1.88%.

AmeriServ Financial’s highest amplitude of average volatility was 1.64% (last week), 1.69% (last month), and 1.88% (last quarter).

More news about AmeriServ Financial.

9. Seacoast Banking Corporation of Florida (SBCF) – Dividend Yield: 3.14%

Seacoast Banking Corporation of Florida’s last close was $22.90, 34.5% below its 52-week high of $34.96. Intraday change was 0.57%.

Seacoast Banking Corporation of Florida operates as the bank holding company for Seacoast National Bank that provides financial services to retail and commercial customers in Florida. It offers commercial and retail banking, wealth management, and mortgage services; and brokerage and annuity services. The company offers noninterest and interest-bearing demand deposit, money market, savings, and customer sweep accounts; time certificates of deposit; construction and land development, commercial and residential real estate, and commercial and financial loans; and consumer loans, including installment loans and revolving lines, as well as loans for automobiles, boats, and personal or family purposes. As of December 31, 2021, it had 54 branch and commercial lending offices. The company was founded in 1926 and is headquartered in Stuart, Florida.

Earnings Per Share

As for profitability, Seacoast Banking Corporation of Florida has a trailing twelve months EPS of $1.32.

PE Ratio

Seacoast Banking Corporation of Florida 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 5.69%.

Growth Estimates Quarters

The company’s growth estimates for the present quarter is a negative 17% and positive 17.6% for the next.

Volume

Today’s last reported volume for Seacoast Banking Corporation of Florida is 420884 which is 25.83% below its average volume of 567461.

More news about Seacoast Banking Corporation of Florida.

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