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John Hancock, Blackrock Muni Intermediate Duration Fund, Another 2 Companies Have A High Estimated Dividend Yield

(VIANEWS) – John Hancock (HPF), Blackrock Muni Intermediate Duration Fund (MUI), Mercer International (MERC) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
John Hancock (HPF) 8.65% 2024-07-03 19:11:05
Blackrock Muni Intermediate Duration Fund (MUI) 5.39% 2024-07-04 18:23:06
Mercer International (MERC) 3.7% 2024-07-10 13:09:06
IDACORP (IDA) 3.6% 2024-07-03 22:17:06

A little less 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. John Hancock (HPF) – Dividend Yield: 8.65%

John Hancock’s last close was $17.13, 3.66% under its 52-week high of $17.78. Intraday change was -0.06%.

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 $0.06.

PE Ratio

John Hancock has a trailing twelve months price to earnings ratio of 285.5. Meaning, the purchaser of the share is investing $285.5 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 0.42%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 3%, now sitting on 38.67M for the twelve trailing months.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Jul 11, 2024, the estimated forward annual dividend rate is 1.48 and the estimated forward annual dividend yield is 8.65%.

Volume

Today’s last reported volume for John Hancock is 24116 which is 50.37% below its average volume of 48600.

More news about John Hancock.

2. Blackrock Muni Intermediate Duration Fund (MUI) – Dividend Yield: 5.39%

Blackrock Muni Intermediate Duration Fund’s last close was $12.25, 1.37% below its 52-week high of $12.42. Intraday change was -0.41%.

BlackRock Muni Intermediate Duration Fund, 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 investment grade municipal bonds exempt from federal income taxes and with a duration of three to ten years at the time of investment. BlackRock Muni Intermediate Duration Fund, Inc. was formed on August 1, 2003 and is domiciled in United States.

Earnings Per Share

As for profitability, Blackrock Muni Intermediate Duration Fund has a trailing twelve months EPS of $0.4.

PE Ratio

Blackrock Muni Intermediate Duration Fund has a trailing twelve months price to earnings ratio of 30.62. Meaning, the purchaser of the share is investing $30.62 for every dollar of annual earnings.

More news about Blackrock Muni Intermediate Duration Fund.

3. Mercer International (MERC) – Dividend Yield: 3.7%

Mercer International’s last close was $8.10, 27.68% below its 52-week high of $11.20. Intraday change was 1.48%.

Mercer International Inc., together with its subsidiaries, manufactures and sells northern bleached softwood kraft (NBSK) pulp in Europe, the United States, Asia, and internationally. It operates through two segments, Pulp and Wood Products. The company also generates and sells green energy produced from biomass cogeneration power plant to third party utilities. In addition, it manufactures, distributes, and sells lumber and other wood residuals. Further, the company produces NBSK pulp primarily from wood chips, pulp logs, and sawlogs; carbon neutral or green energy using carbon-neutral bio-fuels, such as black liquor and wood waste; and tall oil for use as a chemical additive and green energy source. It sells its pulp to tissue, specialty paper, and printing and writing paper, and other manufacturers; and lumber products to distributors, construction firms, secondary manufacturers, retail yards, and home centers. The company was founded in 1968 and is headquartered in Vancouver, Canada.

Earnings Per Share

As for profitability, Mercer International has a trailing twelve months EPS of $-3.44.

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 -32.68%.

More news about Mercer International.

4. IDACORP (IDA) – Dividend Yield: 3.6%

IDACORP’s last close was $92.31, 13.19% below its 52-week high of $106.33. Intraday change was 0.07%.

IDACORP, Inc., together with its subsidiaries, engages in the generation, transmission, distribution, purchase, and sale of electric energy in the United States. The company operates 17 hydropower generating plants located in southern Idaho and eastern Oregon; three natural gas-fired plants in southern Idaho; and interests in two coal-fired steam electric generating plants located in Wyoming and Nevada. As of December 31, 2021, it had approximately 4,843 pole-miles of high-voltage transmission lines; 23 step-up transmission substations located at power plants; 21 transmission substations; 10 switching stations; 30 mixed-use transmission and distribution substations; 187 energized distribution substations; and 28,570 pole-miles of distribution lines, as well as provides electric utility services to approximately 604,000 retail customers in southern Idaho and eastern Oregon. The company serves commercial and industrial customers, which involved in food processing, electronics and general manufacturing, agriculture, health care, government, and education. It also invests in housing and other real estate tax credit investments. IDACORP, Inc. was founded in 1915 and is headquartered in Boise, Idaho.

Earnings Per Share

As for profitability, IDACORP has a trailing twelve months EPS of $4.98.

PE Ratio

IDACORP has a trailing twelve months price to earnings ratio of 18.54. Meaning, the purchaser of the share is investing $18.54 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 8.83%.

Sales Growth

IDACORP’s sales growth for the next quarter is 37.9%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 4.5%, now sitting on 1.79B for the twelve trailing months.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is 4.4% and 5.8%, respectively.

More news about IDACORP.

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