John Hancock, Fifth Third Bancorp, Another 2 Companies Have A High Estimated Dividend Yield

(VIANEWS) – John Hancock (HPF), Fifth Third Bancorp (FITB), State Street Corporation (STT) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
John Hancock (HPF) 9.22% 2024-02-11 15:49:05
Fifth Third Bancorp (FITB) 4.04% 2024-02-13 15:12:17
State Street Corporation (STT) 3.76% 2024-02-13 15:22:29
Agnico Eagle Mines Limited (AEM) 3.39% 2024-02-09 18:23:06

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: 9.22%

John Hancock’s last close was $16.08, 9.15% under its 52-week high of $17.70. Intraday change was 0.08%.

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 $-1.16.

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 -7.05%.

Yearly Top and Bottom Value

John Hancock’s stock is valued at $16.08 at 02:15 EST, under its 52-week high of $17.70 and way above its 52-week low of $12.99.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, John Hancock’s stock is considered to be overbought (>=80).

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Feb 9, 2024, the estimated forward annual dividend rate is 1.48 and the estimated forward annual dividend yield is 9.22%.

More news about John Hancock.

2. Fifth Third Bancorp (FITB) – Dividend Yield: 4.04%

Fifth Third Bancorp’s last close was $32.82, 12.5% below its 52-week high of $37.51. Intraday change was -5.07%.

Fifth Third Bancorp operates as a diversified financial services company in the United States. It operates through three segments: Commercial Banking, Consumer and Small Business Banking, and Wealth and Asset Management. The company's Commercial Banking segment offers credit intermediation, cash management, and financial services; lending and depository products; and cash management, foreign exchange and international trade finance, derivatives and capital markets services, asset-based lending, real estate finance, public finance, commercial leasing, and syndicated finance for business, government, and professional customers. The company's Consumer and Small Banking segment provides a range of deposit and loan products to individuals and small businesses; home equity loans and lines of credit; credit cards; and cash management services. This segment also engages in the residential mortgage that include origination, retention and servicing of residential mortgage loans, sales and securitizations of loans, and hedging activities; indirect lending, including extending loans to consumers through automobile dealers, motorcycle dealers, powersport dealers, recreational vehicle dealers, and marine dealers; and home improvement and solar energy installation loans through contractors and installers. Fifth Third Bancorp's Wealth & Asset Management segment provides various wealth management services for individuals, companies, and not-for-profit organizations. It offers retail brokerage services to individual clients; and broker dealer services to the institutional marketplace. This segment also provides wealth planning, investment management, banking, insurance, and trust and estate services; and advisory services for institutional clients comprising middle market businesses, non-profits, states, and municipalities. Fifth Third Bancorp was founded in 1858 and is headquartered in Cincinnati, Ohio.

Earnings Per Share

As for profitability, Fifth Third Bancorp has a trailing twelve months EPS of $3.22.

PE Ratio

Fifth Third Bancorp has a trailing twelve months price to earnings ratio of 10.06. Meaning, the purchaser of the share is investing $10.06 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 12.87%.

Moving Average

Fifth Third Bancorp’s worth is under its 50-day moving average of $33.59 and way above its 200-day moving average of $27.90.

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3. State Street Corporation (STT) – Dividend Yield: 3.76%

State Street Corporation’s last close was $71.11, 24.94% below its 52-week high of $94.74. Intraday change was -4.07%.

State Street Corporation, through its subsidiaries, provides a range of financial products and services to institutional investors worldwide. The company offers investment servicing products and services, including custody, accounting, regulatory reporting, investor, and performance and analytics; middle office products, such as IBOR, transaction management, loans, cash, derivatives and collateral, record keeping, and client reporting and investment analytics; foreign exchange, and brokerage and other trading services; securities finance and enhanced custody products; deposit and short-term investment facilities; loans and lease financing; investment manager and alternative investment manager operations outsourcing; performance, risk, and compliance analytics; and financial data management to support institutional investors. It also engages in the provision of portfolio management and risk analytics, as well as trading and post-trade settlement services with integrated compliance and managed data. In addition, the company offers investment management strategies and products, such as core and enhanced indexing, multi-asset strategies, active quantitative and fundamental active capabilities, and alternative investment strategies. Further, it provides services and solutions, including environmental, social, and governance investing; defined benefit and defined contribution; and global fiduciary solutions, as well as exchange-traded funds under the SPDR ETF brand. The company provides its products and services to mutual funds, collective investment funds and other investment pools, corporate and public retirement plans, insurance companies, foundations, endowments, and investment managers. State Street Corporation was founded in 1792 and is headquartered in Boston, Massachusetts.

Earnings Per Share

As for profitability, State Street Corporation has a trailing twelve months EPS of $5.58.

PE Ratio

State Street Corporation has a trailing twelve months price to earnings ratio of 12.65. Meaning, the purchaser of the share is investing $12.65 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 7.94%.

Volume

Today’s last reported volume for State Street Corporation is 866974 which is 59.27% below its average volume of 2128990.

Revenue Growth

Year-on-year quarterly revenue growth declined by 3.9%, now sitting on 11.9B for the twelve trailing months.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Dec 28, 2023, the estimated forward annual dividend rate is 2.76 and the estimated forward annual dividend yield is 3.76%.

More news about State Street Corporation.

4. Agnico Eagle Mines Limited (AEM) – Dividend Yield: 3.39%

Agnico Eagle Mines Limited’s last close was $47.17, 22.86% below its 52-week high of $61.15. Intraday change was -1.17%.

Agnico Eagle Mines Limited engages in the exploration, development, and production of mineral properties in Canada, Mexico, and Finland. The company operates through Northern Business and Southern Business segments. It primarily produces and sells gold deposit, as well as explores for silver, zinc, and copper deposits. The company's flagship property is the LaRonde mine located in the Abitibi region of northwestern Quebec, Canada. As of December 31, 2019, its LaRonde mine had a mineral reserve of approximately 2.9 million ounces of gold. The company is also involved in exploration activities in Europe, Latin America, and the United States. Agnico Eagle Mines Limited was founded in 1953 and is headquartered in Toronto, Canada.

Earnings Per Share

As for profitability, Agnico Eagle Mines Limited has a trailing twelve months EPS of $5.18.

PE Ratio

Agnico Eagle Mines Limited has a trailing twelve months price to earnings ratio of 9. Meaning, the purchaser of the share is investing $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 13.96%.

More news about Agnico Eagle Mines Limited.

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