John Hancock Tax, Valley National Bancorp, Another 6 Companies Have A High Estimated Dividend Yield

(VIANEWS) – John Hancock Tax (HTY), Valley National Bancorp (VLYPO), Calamos Global Total Return Fund (CGO) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
John Hancock Tax (HTY) 13.7% 2023-05-20 23:23:07
Valley National Bancorp (VLYPO) 11.38% 2023-05-18 05:14:07
Calamos Global Total Return Fund (CGO) 10.29% 2023-05-25 05:08:08
Voya Global Advantage and Premium Opportunity Fund (IGA) 9.41% 2023-05-21 01:13:06
Premier Financial Corp. (PFC) 8.96% 2023-05-16 19:06:07
First Interstate BancSystem (FIBK) 7.98% 2023-05-26 07:08:08
Alexander & Baldwin (ALEX) 4.75% 2023-05-18 19:44:07
Bank of New York Mellon (BK) 3.63% 2023-05-31 13:38:57

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. John Hancock Tax (HTY) – Dividend Yield: 13.7%

John Hancock Tax’s last close was $4.66, 21.42% below its 52-week high of $5.93. Intraday change was -0.21%.

John Hancock Investments – John Hancock Tax-Advantaged Global Shareholder Yield Fund is a closed ended equity mutual fund launched and managed by John Hancock Investment Management LLC. It is co-managed by Analytic Investors, LLC and Epoch Investment Partners, Inc. The fund invests in the public equity markets across the globe. It seeks to invest in stocks of companies operating in utilities, telecommunication services, consumer staples, financials, industrials, energy, healthcare, information technology, consumer discretionary, real estate and materials sectors. The fund primarily invests in dividend paying stocks of companies. It invests in stocks of companies across diversified market capitalizations. The fund employs fundamental analysis with a bottom-up stock picking approach to create its portfolio. It benchmarks the performance of its portfolio against the MSCI World Index. John Hancock Investments – John Hancock Tax-Advantaged Global Shareholder Yield Fund was formed on September 26, 2007 and is domiciled in the United States.

Earnings Per Share

As for profitability, John Hancock Tax has a trailing twelve months EPS of $-0.52.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Mar 9, 2023, the estimated forward annual dividend rate is 0.64 and the estimated forward annual dividend yield is 13.7%.

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2. Valley National Bancorp (VLYPO) – Dividend Yield: 11.38%

Valley National Bancorp’s last close was $19.28, 24.89% below its 52-week high of $25.67. Intraday change was 4.73%.

Valley National Bancorp operates as the holding company for the Valley National Bank that provides commercial, retail, insurance, and wealth management financial services. The company operates through Commercial Lending, Consumer Lending, and Investment Management segments. Its deposit products include non-interest bearing, savings, NOW, and money market accounts, as well as certificates of deposit. The company offers various loan products comprising residential mortgage loans, automobile loans, secured personal lines of credit, and home equity loans; and floating rate and adjustable rate commercial and industrial loans, as well as fixed rate owner occupied and commercial real estate loans. It also invests in securities and interest-bearing deposits with other banks; and offers international banking services, such as standby letters of credit, documentary letters of credit and related products, and other ancillary services, such as foreign exchange transactions, documentary collections, foreign wire transfers, and transaction accounts for non-resident aliens. In addition, the company provides asset management advisory, trust, and asset-based lending support services; property and casualty, life, health, and title insurance agency services; and health care equipment lending and other commercial equipment leasing services, as well as real estate related investments. Further, it offers other banking services comprising automated teller machine, telephone and Internet banking, remote deposit capturing, overdraft, drive-in and night deposit, and safe deposit services. The company operates 238 branches in New Jersey, New York, Florida, and Alabama. Valley National Bancorp was founded in 1927 and is based in New York, New York.

Earnings Per Share

As for profitability, Valley National Bancorp has a trailing twelve months EPS of $1.11.

PE Ratio

Valley National Bancorp has a trailing twelve months price to earnings ratio of 17.37. Meaning, the purchaser of the share is investing $17.37 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 10.31%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 34.6%, now sitting on 1.91B for the twelve trailing months.

Moving Average

Valley National Bancorp’s value is under its 50-day moving average of $20.32 and way below its 200-day moving average of $23.48.

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3. Calamos Global Total Return Fund (CGO) – Dividend Yield: 10.29%

Calamos Global Total Return Fund’s last close was $9.01, 29.06% under its 52-week high of $12.70. Intraday change was -2.07%.

Calamos Global Total Return Fund is a closed ended balanced mutual fund launched by Calamos Investments LLC. It is managed by Calamos Advisors LLC. The fund invests in public equity and fixed income markets across the globe. It seeks to invest in securities of companies operating across diversified sectors. The fund primarily invests in equities, convertible bonds, and high yield corporate bonds. It employs both fundamental and quantitative analysis to create its portfolio. The fund benchmarks the performance of its portfolio against MSCI World Index. Calamos Global Total Return Fund was formed on March 30, 2004 and is domiciled in the United States.

Earnings Per Share

As for profitability, Calamos Global Total Return Fund has a trailing twelve months EPS of $-5.08.

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 -39.9%.

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4. Voya Global Advantage and Premium Opportunity Fund (IGA) – Dividend Yield: 9.41%

Voya Global Advantage and Premium Opportunity Fund’s last close was $8.35, 13.38% under its 52-week high of $9.64. Intraday change was -0.12%.

Voya Global Advantage and Premium Opportunity Fund is a closed-ended equity mutual fund launched by Voya Investment Management LLC. The fund is co-managed by Voya Investments, LLC, Voya Investment Management Co. LLC, and NNIP Advisors B.V. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in value stocks of companies across all market capitalizations. The fund also invests through index call options on selected indices, equities, and/or exchange-traded funds. It employs fundamental analysis with a bottom-up stock picking approach and a proprietary discounted cash flow valuation model, focusing on such factors as sales, margins, and capital use to create its portfolio. The fund benchmarks the performance of its portfolio against the MSCI World Index. It was formerly known as ING Global Advantage and Premium Opportunity Fund. Voya Global Advantage and Premium Opportunity Fund was formed on July 7, 2005 and is domiciled in the United States.

Earnings Per Share

As for profitability, Voya Global Advantage and Premium Opportunity Fund has a trailing twelve months EPS of $0.32.

PE Ratio

Voya Global Advantage and Premium Opportunity Fund has a trailing twelve months price to earnings ratio of 26.09. Meaning, the purchaser of the share is investing $26.09 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 2.69%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 11.8%, now sitting on 5.58M for the twelve trailing months.

More news about Voya Global Advantage and Premium Opportunity Fund.

5. Premier Financial Corp. (PFC) – Dividend Yield: 8.96%

Premier Financial Corp. ‘s last close was $13.60, 55.84% below its 52-week high of $30.80. Intraday change was -1.73%.

Premier Financial Corp., through its subsidiaries, provides various banking services. It offers various demand, checking, money market, certificates of deposits, certificates of deposit account registry service, and savings accounts; and investment products. The company also provides residential real estate loans, commercial real estate loans, commercial loans, home improvement and home equity loans, and consumer loans. In addition, it invests in the U.S. treasury and federal government agency obligations, obligations of states and political subdivisions, mortgage-backed securities that are issued by federal agencies, collateralized mortgage obligations, and corporate bonds. Further, the company offers property and casualty, life, and group health insurance agency services; mezzanine funding services; and online banking services, which include mobile banking, People Pay, online bill pay, and online account opening, as well as the MoneyPass ATM network. It operates through 75 banking center offices and 12 loan offices in Ohio, Michigan, Indiana, Pennsylvania, and West Virginia. The company was formerly known as First Defiance Financial Corp. and changed its name to Premier Financial Corp. in June 2020. Premier Financial Corp. was incorporated in 1995 and is headquartered in Defiance, Ohio.

Earnings Per Share

As for profitability, Premier Financial Corp. has a trailing twelve months EPS of $2.63.

PE Ratio

Premier Financial Corp. has a trailing twelve months price to earnings ratio of 5.17. Meaning, the purchaser of the share is investing $5.17 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 10.12%.

Moving Average

Premier Financial Corp. ‘s value is way under its 50-day moving average of $19.12 and way below its 200-day moving average of $25.15.

More news about Premier Financial Corp. .

6. First Interstate BancSystem (FIBK) – Dividend Yield: 7.98%

First Interstate BancSystem’s last close was $23.35, 49.61% under its 52-week high of $46.34. Intraday change was -0.85%.

First Interstate BancSystem, Inc. operates as the bank holding company for First Interstate Bank that provides range of banking products and services in the United States. It offers various traditional depository products, including checking, savings, and time deposits; and repurchase agreements primarily for commercial and municipal depositors. The company also offers real estate loans comprising commercial real estate, construction, residential, agricultural, and other real estate loans; consumer loans comprising direct personal loans, credit card loans and lines of credit, and indirect loans; variable and fixed rate commercial loans for small and medium-sized manufacturing, wholesale, retail, and service businesses for working capital needs and business expansions; and agricultural loans. In addition, it provides a range of trust, employee benefit, investment management, insurance, agency, and custodial services to individuals, businesses, and nonprofit organizations. Further, the company offers marketing, credit review, loan servicing, credit cards issuance and servicing, mortgage loan sales and servicing, indirect consumer loan purchasing and processing, loan collection services, and other operational services, as well as online and mobile banking services. It serves individuals, businesses, municipalities, and other entities in various industries, including agriculture, construction, education, energy, governmental services, healthcare, hospitality, housing, mining, professional services, real estate development, retail, technology, tourism, and wholesale trade. As of December 31, 2021, it operated 147 banking offices, including detached drive-up facilities in communities across Idaho, Montana, Oregon, South Dakota, Washington, and Wyoming. The company was incorporated in 1971 and is headquartered in Billings, Montana.

Earnings Per Share

As for profitability, First Interstate BancSystem has a trailing twelve months EPS of $2.86.

PE Ratio

First Interstate BancSystem has a trailing twelve months price to earnings ratio of 8.16. Meaning, the purchaser of the share is investing $8.16 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 8.84%.

Yearly Top and Bottom Value

First Interstate BancSystem’s stock is valued at $23.35 at 10:15 EST, way below its 52-week high of $46.34 and way higher than its 52-week low of $21.03.

Sales Growth

First Interstate BancSystem’s sales growth is negative 5.7% for the ongoing quarter and negative 7.3% for the next.

More news about First Interstate BancSystem.

7. Alexander & Baldwin (ALEX) – Dividend Yield: 4.75%

Alexander & Baldwin’s last close was $18.59, 11.35% under its 52-week high of $20.97. Intraday change was 0.11%.

Alexander & Baldwin, Inc. ("A&B") is Hawai'i's premier commercial real estate company and the largest owner of grocery-anchored, neighborhood shopping centers in the state. A&B owns, operates and manages approximately 3.9 million square feet of commercial space in Hawai'i, including 22 retail centers, ten industrial assets and four office properties, as well as 154 acres of ground leases. These core assets comprise nearly 72% of A&B's total assets. A&B's non-core assets include renewable energy generation facilities, 27,000 acres of agricultural and conservation land and a vertically integrated paving business. A&B is achieving its strategic objective of becoming a Hawai'i-focused commercial real estate company by expanding and strengthening its Hawai'i CRE portfolio and monetizing non-core assets. Over its 150-year history, A&B has evolved with the state's economy and played a leadership role in the development of the agricultural, transportation, tourism, construction, residential and commercial real estate industries.

Earnings Per Share

As for profitability, Alexander & Baldwin has a trailing twelve months EPS of $0.5.

PE Ratio

Alexander & Baldwin has a trailing twelve months price to earnings ratio of 37.18. Meaning, the purchaser of the share is investing $37.18 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 3.52%.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Jun 14, 2023, the estimated forward annual dividend rate is 0.88 and the estimated forward annual dividend yield is 4.75%.

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8. Bank of New York Mellon (BK) – Dividend Yield: 3.63%

Bank of New York Mellon’s last close was $40.20, 23.08% under its 52-week high of $52.26. Intraday change was -0.96%.

The Bank of New York Mellon Corporation provides a range of financial products and services in the United States and internationally. The company operates through Securities Services, Market and Wealth Services, Investment and Wealth Management, and other segments. The Securities Services segment offers custody, trust and depositary, accounting, exchange-traded funds, middle-office solutions, transfer agency, services for private equity and real estate funds, foreign exchange, securities lending, liquidity/lending services, and data analytics. This segment also provides trustee, paying agency, fiduciary, escrow and other financial, issuer, and support services for brokers and investors. The Market and Wealth Services segment offers clearing and custody, investment, wealth and retirement solutions, technology and enterprise data management, trading, and prime brokerage services. This segment also provides integrated cash management solutions, including payments, foreign exchange, liquidity management, receivables processing and payables management, and trade finance and processing services. The Investment and Wealth Management segment offers investment management strategies and distribution of investment products, investment management, custody, wealth and estate planning, private banking, investment, and information management services. The Other segment engages in the provision of leasing, corporate treasury, derivative and other trading, corporate and bank-owned life insurance, renewable energy investment, and business exit services. It serves central banks and sovereigns, financial institutions, asset managers, insurance companies, corporations, local authorities and high net-worth individuals, and family offices. The company was founded in 1784 and is headquartered in New York, New York.

Earnings Per Share

As for profitability, Bank of New York Mellon has a trailing twelve months EPS of $3.16.

PE Ratio

Bank of New York Mellon has a trailing twelve months price to earnings ratio of 12.75. Meaning, the purchaser of the share is investing $12.75 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 6.68%.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is 19.4% and 207.7%, respectively.

Volume

Today’s last reported volume for Bank of New York Mellon is 2460400 which is 56.42% below its average volume of 5646080.

Stock Price Classification

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

Yearly Top and Bottom Value

Bank of New York Mellon’s stock is valued at $40.30 at 10:15 EST, way below its 52-week high of $52.26 and way higher than its 52-week low of $36.22.

Previous days news about Bank of New York Mellon

  • The bank of New York mellon corporation (bk) stock moves -0.22%: what you should know. According to Zacks on Tuesday, 30 May, "It is also important to note the recent changes to analyst estimates for The Bank of New York Mellon Corporation. ", "On that day, The Bank of New York Mellon Corporation is projected to report earnings of $1.21 per share, which would represent year-over-year growth of 5.22%. "

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