John Hancock, Mesa Royalty Trust, Another 3 Companies Have A High Estimated Dividend Yield

(VIANEWS) – John Hancock (HPF), Mesa Royalty Trust (MTR), Washington Trust Bancorp (WASH) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
John Hancock (HPF) 10.28% 2023-06-25 07:55:14
Mesa Royalty Trust (MTR) 10.02% 2023-06-26 07:44:07
Washington Trust Bancorp (WASH) 7.99% 2023-06-16 15:13:07
BlackRock Long (BTA) 5.44% 2023-06-23 19:11:07
Kaman Corporation (KAMN) 3.38% 2023-06-25 16:55:14

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: 10.28%

John Hancock’s last close was $14.44, 25.49% below its 52-week high of $19.38. Intraday change was 0.14%.

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%.

Volume

Today’s last reported volume for John Hancock is 18117 which is 54.91% below its average volume of 40185.

More news about John Hancock.

2. Mesa Royalty Trust (MTR) – Dividend Yield: 10.02%

Mesa Royalty Trust’s last close was $24.21, 17.93% under its 52-week high of $29.50. Intraday change was 4.85%.

Mesa Royalty Trust owns net overriding royalty interests in various oil and gas producing properties in the United States. It has interests in properties located in the Hugoton field of Kansas; and the San Juan Basin field of New Mexico and Colorado. The company was founded in 1979 and is based in Houston, Texas.

Earnings Per Share

As for profitability, Mesa Royalty Trust has a trailing twelve months EPS of $2.14.

PE Ratio

Mesa Royalty Trust has a trailing twelve months price to earnings ratio of 11.31. Meaning, the purchaser of the share is investing $11.31 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 142.63%.

More news about Mesa Royalty Trust.

3. Washington Trust Bancorp (WASH) – Dividend Yield: 7.99%

Washington Trust Bancorp’s last close was $28.37, 49.28% below its 52-week high of $55.93. Intraday change was -1.13%.

Washington Trust Bancorp, Inc. operates as the bank holding company for The Washington Trust Company, of Westerly that offers various banking and financial services to individuals and businesses. The company operates in two segments, Commercial Banking and Wealth Management Services. The Commercial Banking segment provides various commercial and retail lending products, which include commercial real estate loans consisting of commercial mortgages and construction loans; commercial and industrial loans; residential real estate loans consists of mortgage and homeowner construction loans; and consumer loans comprising home equity loans and lines of credit, personal installment loans, and loans to individuals secured by general aviation aircraft. This segment also offers deposit accounts, including interest-bearing and noninterest-bearing demand deposits, NOW and savings accounts, money market and retirement deposit accounts, and time deposits, as well as debit card, automated teller machine, telephone banking, internet banking, mobile banking, remote deposit capture, and other cash management services. The Wealth Management Services segment provides investment management; financial planning; personal trust and estate services, such as trustee, personal representative, custodian, and guardian; and settlement of decedents' estates, as well as institutional trust services comprising custody and fiduciary services. This segment serves personal and institutional clients. The company also operates as a licensed broker-dealer that offers variable annuities and college savings plans. As of December 31, 2020, it had 10 branch offices located in southern Rhode Island; 12 branch offices located in the greater Providence area in Rhode Island; and 1 branch office located in southeastern Connecticut. Washington Trust Bancorp, Inc. was founded in 1800 and is headquartered in Westerly, Rhode Island.

Earnings Per Share

As for profitability, Washington Trust Bancorp has a trailing twelve months EPS of $3.91.

PE Ratio

Washington Trust Bancorp has a trailing twelve months price to earnings ratio of 7.17. Meaning, the purchaser of the share is investing $7.17 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 13.9%.

More news about Washington Trust Bancorp.

4. BlackRock Long (BTA) – Dividend Yield: 5.44%

BlackRock Long’s last close was $9.59, 22.66% below its 52-week high of $12.40. Intraday change was -0.73%.

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 $-1.56.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Jun 13, 2023, the estimated forward annual dividend rate is 0.52 and the estimated forward annual dividend yield is 5.44%.

Moving Average

BlackRock Long’s value is below its 50-day moving average of $9.77 and under its 200-day moving average of $9.75.

Volume

Today’s last reported volume for BlackRock Long is 48500 which is 40.95% above its average volume of 34408.

More news about BlackRock Long.

5. Kaman Corporation (KAMN) – Dividend Yield: 3.38%

Kaman Corporation’s last close was $23.30, 34.01% under its 52-week high of $35.31. Intraday change was -1.69%.

Kaman Corporation, together with its subsidiaries, operates in the aerospace, medical, and industrial markets. The company produces and markets aircraft bearings and components; super precision miniature ball bearings; spring energized seals, springs, and contacts; and metallic and composite aero structures for commercial, military, and general aviation fixed and rotary wing aircrafts. It also provides safe and arming solutions for missile and bomb systems for the U.S. and allied militaries; manufactures and supports K-MAX manned and unmanned medium-to-heavy lift helicopters; and restores, modifies, and supports its SH-2G Super Seasprite maritime helicopters. The company operates in North America, Europe, the Middle East, Asia, Oceania, and internationally. Kaman Corporation was founded in 1945 and is headquartered in Bloomfield, Connecticut.

Earnings Per Share

As for profitability, Kaman Corporation has a trailing twelve months EPS of $-1.73.

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 -6.84%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 23.1%, now sitting on 724.45M for the twelve trailing months.

More news about Kaman Corporation.

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