Invesco High Income Trust II, Dow Chemical Company, Another 3 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Invesco High Income Trust II (VLT), Dow Chemical Company (DOW), Preferred Bank (PFBC) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Invesco High Income Trust II (VLT) 11.11% 2023-08-20 20:07:12
Dow Chemical Company (DOW) 5.19% 2023-08-31 10:13:29
Preferred Bank (PFBC) 3.53% 2023-08-25 13:09:07
CapStar Financial Holdings (CSTR) 3.35% 2023-08-28 19:14:07
Middlefield Banc Corp. (MBCN) 2.9% 2023-08-24 17:08:08

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. Invesco High Income Trust II (VLT) – Dividend Yield: 11.11%

Invesco High Income Trust II’s last close was $10.41, 8.84% under its 52-week high of $11.42. Intraday change was -0.38%.

Invesco High Income Trust II is a closed ended fixed income mutual fund launched by Invesco Ltd. The fund is co-managed by Invesco Advisers, Inc, INVESCO Asset Management (Japan) Limited, INVESCO Asset Management Deutschland GmbH, INVESCO Asset Management Limited, Invesco Hong Kong Limited, INVESCO Senior Secured Management, Inc., and Invesco Canada Ltd. It invests in the fixed income markets. The fund seeks to invest in securities rated between BB and C by Standard and Poor's. It seeks to maintain an average duration of around three to four years for its portfolio. The fund benchmarks the performance of its portfolio against the Barclays U.S. Corporate High Yield 2% Issuer Cap Inde. It was formerly known as Invesco Van Kampen High Income Trust II. Invesco High Income Trust II was formed on April 28, 1989 and is domiciled in the United States.

Earnings Per Share

As for profitability, Invesco High Income Trust II has a trailing twelve months EPS of $-1.17.

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 -9.21%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 14.3%, now sitting on 6.55M for the twelve trailing months.

Moving Average

Invesco High Income Trust II’s value is under its 50-day moving average of $10.47 and below its 200-day moving average of $10.53.

Volume

Today’s last reported volume for Invesco High Income Trust II is 32123 which is 125.2% above its average volume of 14264.

More news about Invesco High Income Trust II.

2. Dow Chemical Company (DOW) – Dividend Yield: 5.19%

Dow Chemical Company’s last close was $55.29, 9.18% below its 52-week high of $60.88. Intraday change was -0.03%.

Dow Inc., through its subsidiaries, engages in the provision of various materials science solutions for packaging, infrastructure, mobility, and consumer applications in the United States, Canada, Europe, the Middle East, Africa, India, the Asia Pacific, and Latin America. It operates through Packaging & Specialty Plastics, Industrial Intermediates & Infrastructure, and Performance Materials & Coatings segments. The Packaging & Specialty Plastics segment provides ethylene, and propylene and aromatics products; and polyethylene, polyolefin elastomers, ethylene vinyl acetate, and ethylene propylene diene monomer rubbers for mobility and transportation, consumer, wire and cable, and construction end-markets. The Industrial Intermediates & Infrastructure segment offers purified ethylene and propylene oxides, ethylene and ethanol amines, propylene glycol and polyether polyols, aromatic isocyanates and polyurethane systems, coatings, adhesives, sealants, elastomers, and composites. This segment also provides caustic soda, and ethylene dichloride and vinyl chloride monomers; and cellulose ethers, redispersible latex powders, and acrylic emulsions. The Performance Materials and Coatings segment provides architectural paints and coatings, and industrial coatings that are used in maintenance and protective industries, wood, metal packaging, traffic markings, thermal paper, and leather; and silicon metal, siloxanes, and intermediates used as key materials in manufacturing differentiated downstream silicone products. It also engages in property and casualty insurance, as well as reinsurance business. Dow Inc. was incorporated in 2018 and is headquartered in Midland, Michigan.

Earnings Per Share

As for profitability, Dow Chemical Company has a trailing twelve months EPS of $2.45.

PE Ratio

Dow Chemical Company has a trailing twelve months price to earnings ratio of 22.34. Meaning, the purchaser of the share is investing $22.34 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 9.17%.

More news about Dow Chemical Company.

3. Preferred Bank (PFBC) – Dividend Yield: 3.53%

Preferred Bank’s last close was $62.35, 19.81% under its 52-week high of $77.75. Intraday change was -1.19%.

Preferred Bank provides various commercial banking products and services to small and mid-sized businesses and their owners, entrepreneurs, real estate developers and investors, professionals, and high net worth individuals in the United States. The company accepts checking, savings, and money market deposit accounts; fixed-rate and fixed maturity retail, and non-retail certificates of deposit; and individual retirement accounts. It also provides real estate mortgage loans that are secured by retail, industrial, office, special purpose, and residential single and multi-family properties; real estate construction loans; and commercial loans comprising lines of credit for working capital, term loans for capital expenditures, and commercial and stand-by letters of credit; and SBA loans. In addition, the company offers trade finance services, including commercial and export letters of credit, import lines of credit, documentary collections, international wire transfers, acceptances/trust receipt financing products, export financing, documentary collections, and bills purchase programs. Further, it provides various high-wealth banking services to wealthy individuals residing in the Pacific Rim area; and remote deposit capture, and online and mobile banking services. Additionally, the company offers various banking services to physicians, accountants, attorneys, business managers, and other professionals; and safe deposit boxes, account reconciliation, courier service, and cash management services to the manufacturing, service, and distribution companies. As of December 31, 2021, it had eleven full-service branch offices in Alhambra, Century City, City of Industry, Torrance, Arcadia, Irvine, Diamond Bar, Pico Rivera, Tarzana, and San Francisco; and one branch in Flushing, New York. The company was incorporated in 1991 and is headquartered in Los Angeles, California.

Earnings Per Share

As for profitability, Preferred Bank has a trailing twelve months EPS of $10.3.

PE Ratio

Preferred Bank has a trailing twelve months price to earnings ratio of 5.98. Meaning, the purchaser of the share is investing $5.98 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 23.92%.

Moving Average

Preferred Bank’s worth is above its 50-day moving average of $60.86 and under its 200-day moving average of $62.52.

Growth Estimates Quarters

The company’s growth estimates for the current quarter is 6.7% and a drop 10% for the next.

Yearly Top and Bottom Value

Preferred Bank’s stock is valued at $61.61 at 03:15 EST, way below its 52-week high of $77.75 and way above its 52-week low of $42.42.

Sales Growth

Preferred Bank’s sales growth is 6.7% for the current quarter and negative 6.6% for the next.

More news about Preferred Bank.

4. CapStar Financial Holdings (CSTR) – Dividend Yield: 3.35%

CapStar Financial Holdings’s last close was $13.11, 36.24% under its 52-week high of $20.56. Intraday change was -0.3%.

CapStar Financial Holdings, Inc. operates as the bank holding company for CapStar Bank that provides banking services to consumer and corporate customers located primarily in Tennessee, the United States. It offers noninterest-bearing demand deposits, interest-bearing transaction accounts, money market accounts, savings accounts, and time deposits; and mortgage banking products, as well as wealth management and treasury management services. The company also provides commercial and consumer real estate, construction and land development, commercial and industrial, consumer, PPP, and other loans, as well as business term loans, home equity loans, and equipment financing and lines of credit to small and medium sized businesses. In addition, it offers telephone and online banking, and mobile banking services, as well as debit and credit cards. CapStar Financial Holdings, Inc. was founded in 2007 and is headquartered in Nashville, Tennessee.

Earnings Per Share

As for profitability, CapStar Financial Holdings has a trailing twelve months EPS of $1.51.

PE Ratio

CapStar Financial Holdings has a trailing twelve months price to earnings ratio of 8.68. Meaning, the purchaser of the share is investing $8.68 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 9.25%.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is a negative 2.7% and a negative 25.5%, respectively.

More news about CapStar Financial Holdings.

5. Middlefield Banc Corp. (MBCN) – Dividend Yield: 2.9%

Middlefield Banc Corp.’s last close was $27.75, 8.14% below its 52-week high of $30.21. Intraday change was 0.58%.

Middlefield Banc Corp., headquartered in Middlefield, Ohio, is the bank holding company of The Middlefield Banking Company with total assets of $1.39 billion at March 31, 2021. The bank operates 16 full-service banking centers and an LPL Financial® brokerage office serving Beachwood, Chardon, Cortland, Dublin, Garrettsville, Mantua, Middlefield, Newbury, Orwell, Plain City, Powell, Solon, Sunbury, Twinsburg, and Westerville. The Bank also operates a Loan Production Office in Mentor, Ohio. Additional information is available at www.middlefieldbank.bank.

Earnings Per Share

As for profitability, Middlefield Banc Corp. has a trailing twelve months EPS of $2.47.

PE Ratio

Middlefield Banc Corp. has a trailing twelve months price to earnings ratio of 11.3. Meaning, the purchaser of the share is investing $11.3 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 10.9%.

Moving Average

Middlefield Banc Corp.’s value is above its 50-day moving average of $27.85 and higher than its 200-day moving average of $27.49.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Aug 30, 2023, the estimated forward annual dividend rate is 0.8 and the estimated forward annual dividend yield is 2.9%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 35.2%, now sitting on 66.45M for the twelve trailing months.

More news about Middlefield Banc Corp..

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