Meridian Corporation, Bank Of South Carolina Corp., Another 3 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Meridian Corporation (MRBK), Bank of South Carolina Corp. (BKSC), RLJ Lodging Trust (RLJ) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Meridian Corporation (MRBK) 5.71% 2024-05-06 07:23:05
Bank of South Carolina Corp. (BKSC) 5.63% 2024-04-26 21:10:06
RLJ Lodging Trust (RLJ) 3.51% 2024-04-24 23:11:06
Cisco (CSCO) 3.4% 2024-05-05 03:09:16
Old National Bancorp (ONB) 3.35% 2024-04-30 00:23:05

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. Meridian Corporation (MRBK) – Dividend Yield: 5.71%

Meridian Corporation’s last close was $8.75, 38.55% under its 52-week high of $14.24. Intraday change was -1.57%.

Meridian Corporation operates as the holding company for Meridian Bank that provides commercial banking products and services in Pennsylvania, New Jersey, Delaware, Florida, and Maryland. The company offers various deposit products, such as demand non-interest bearing, demand interest bearing, savings accounts, money market accounts, and time deposits. It also provides commercial and industrial loans comprising business lines of credit, term loans, small business lending, lease financing, shared national credits, and other financing; commercial real estate, and land development and construction loans for residential and commercial projects; and consumer and home equity lending, private banking, merchant, and title and land settlement services. In addition, the company operates and originates mortgage loans for 1-4 family dwellings; and offers real estate holding, investment advisory, and equipment leasing services, as well as financial planning and wealth management services. Meridian Corporation was incorporated in 2004 and is headquartered in Malvern, Pennsylvania.

Earnings Per Share

As for profitability, Meridian Corporation has a trailing twelve months EPS of $1.06.

PE Ratio

Meridian Corporation has a trailing twelve months price to earnings ratio of 8.25. Meaning, the purchaser of the share is investing $8.25 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 7.6%.

More news about Meridian Corporation.

2. Bank of South Carolina Corp. (BKSC) – Dividend Yield: 5.63%

Bank of South Carolina Corp.’s last close was $12.00, 21.26% below its 52-week high of $15.24. Intraday change was -0.58%.

Bank of South Carolina Corporation operates as a bank holding company for The Bank of South Carolina that provides a range of financial products and services primarily in Charleston, Berkeley, and Dorchester counties of South Carolina. Its deposits include non-interest-bearing demand accounts, NOW accounts, money market accounts, time deposits, and savings accounts, as well as certificates of deposit. The company offers secured and unsecured commercial loans, commercial real estate construction loans, consumer construction loans, home equity lines of credit, and mortgage originations, as well as paycheck protection program loans. It operates five banking house locations. The company was founded in 1986 and is headquartered in Charleston, South Carolina.

Earnings Per Share

As for profitability, Bank of South Carolina Corp. has a trailing twelve months EPS of $1.16.

PE Ratio

Bank of South Carolina Corp. has a trailing twelve months price to earnings ratio of 10.34. Meaning, the purchaser of the share is investing $10.34 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 15.11%.

Volume

Today’s last reported volume for Bank of South Carolina Corp. is 1431 which is 35.36% below its average volume of 2214.

Yearly Top and Bottom Value

Bank of South Carolina Corp.’s stock is valued at $12.00 at 03:15 EST, way below its 52-week high of $15.24 and way higher than its 52-week low of $9.52.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Apr 8, 2024, the estimated forward annual dividend rate is 0.68 and the estimated forward annual dividend yield is 5.63%.

More news about Bank of South Carolina Corp..

3. RLJ Lodging Trust (RLJ) – Dividend Yield: 3.51%

RLJ Lodging Trust’s last close was $11.38, 8.15% under its 52-week high of $12.39. Intraday change was -0.18%.

RLJ Lodging Trust is a self-advised, publicly traded real estate investment trust that owns primarily premium-branded, high-margin, focused-service and compact full-service hotels. The Company's portfolio consists of 103 hotels with approximately 22,570 rooms, located in 23 states and the District of Columbia and an ownership interest in one unconsolidated hotel with 171 rooms.

Earnings Per Share

As for profitability, RLJ Lodging Trust has a trailing twelve months EPS of $0.32.

PE Ratio

RLJ Lodging Trust has a trailing twelve months price to earnings ratio of 35.56. Meaning, the purchaser of the share is investing $35.56 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 3.21%.

Moving Average

RLJ Lodging Trust’s worth is below its 50-day moving average of $11.72 and above its 200-day moving average of $10.78.

More news about RLJ Lodging Trust.

4. Cisco (CSCO) – Dividend Yield: 3.4%

Cisco’s last close was $47.28, 18.75% below its 52-week high of $58.19. Intraday change was -2.1%.

Cisco Systems, Inc. designs, manufactures, and sells Internet Protocol based networking and other products related to the communications and information technology industry in the Americas, Europe, the Middle East, Africa, the Asia Pacific, Japan, and China. The company also offers switching portfolio encompasses campus switching as well as data center switching; enterprise routing portfolio interconnects public and private wireline and mobile networks, delivering highly secure, and reliable connectivity to campus, data center and branch networks; wireless products include wireless access points and controllers; and compute portfolio including the cisco unified computing system, hyperflex, and software management capabilities, which combine computing, networking, and storage infrastructure management and virtualization. In addition, it provides Internet for the future product consists of routed optical networking, 5G, silicon, and optics solutions; collaboration products, such as meetings, collaboration devices, calling, contact center, and communication platform as a service; end-to-end security product consists of network security, cloud security, security endpoints, unified threat management, and zero trust; and optimized application experiences products including full stack observability and network assurance. Further, the company offers a range of service and support options for its customers, including technical support and advanced services and advisory services. It serves businesses of various sizes, public institutions, governments, and service providers. The company sells its products and services directly, as well as through systems integrators, service providers, other resellers, and distributors. Cisco Systems, Inc. has strategic alliances with other companies. Cisco Systems, Inc. was incorporated in 1984 and is headquartered in San Jose, California.

Earnings Per Share

As for profitability, Cisco has a trailing twelve months EPS of $3.29.

PE Ratio

Cisco has a trailing twelve months price to earnings ratio of 14.74. Meaning, the purchaser of the share is investing $14.74 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 30.65%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 5.9%, now sitting on 57.23B for the twelve trailing months.

Volatility

Cisco’s last week, last month’s, and last quarter’s current intraday variation average was a positive 0.19%, a negative 0.12%, and a positive 0.73%.

Cisco’s highest amplitude of average volatility was 0.28% (last week), 0.77% (last month), and 0.73% (last quarter).

Volume

Today’s last reported volume for Cisco is 14445000 which is 27.87% below its average volume of 20027800.

Moving Average

Cisco’s value is below its 50-day moving average of $48.80 and under its 200-day moving average of $51.29.

More news about Cisco.

5. Old National Bancorp (ONB) – Dividend Yield: 3.35%

Old National Bancorp’s last close was $16.70, 5.33% under its 52-week high of $17.64. Intraday change was 0.78%.

Old National Bancorp operates as the bank holding company for Old National Bank that provides various financial services to individual and commercial customers in the United States. It accepts deposit accounts, including noninterest-bearing demand, interest-bearing checking, negotiable order of withdrawal, savings and money market, and time deposits; and offers loans, such as home equity lines of credit, residential real estate loans, consumer loans, commercial loans, commercial real estate loans, letters of credit, and lease financing. The company also provides debit and automated teller machine cards, telephone access, online banking, and other electronic and mobile banking services; cash management, private banking, brokerage, trust, investment advisory, and other traditional banking services; wealth management, investment, and foreign currency services; and treasury management, merchant, health savings, and capital markets services, as well as community development lending and equity investment solutions. As of December 31, 2021, it operated a total of 162 banking centers located primarily in the states of Indiana, Kentucky, Michigan, Minnesota, and Wisconsin. Old National Bancorp was founded in 1834 and is headquartered in Evansville, Indiana.

Earnings Per Share

As for profitability, Old National Bancorp has a trailing twelve months EPS of $1.85.

PE Ratio

Old National Bancorp has a trailing twelve months price to earnings ratio of 9.03. Meaning, the purchaser of the share is investing $9.03 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 10.22%.

Volume

Today’s last reported volume for Old National Bancorp is 2397400 which is 4.53% above its average volume of 2293290.

Sales Growth

Old National Bancorp’s sales growth for the current quarter is 5.7%.

Yearly Top and Bottom Value

Old National Bancorp’s stock is valued at $16.70 at 03:15 EST, below its 52-week high of $17.64 and way higher than its 52-week low of $11.66.

Moving Average

Old National Bancorp’s worth is higher than its 50-day moving average of $16.46 and above its 200-day moving average of $15.79.

More news about Old National Bancorp.

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