OceanFirst Financial Corp., Gerdau S.A., Another 4 Companies Have A High Estimated Dividend Yield

(VIANEWS) – OceanFirst Financial Corp. (OCFCP), Gerdau S.A. (GGB), Credicorp Ltd. (BAP) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
OceanFirst Financial Corp. (OCFCP) 7.06% 2024-07-17 03:48:05
Gerdau S.A. (GGB) 6.67% 2024-07-21 07:13:05
Credicorp Ltd. (BAP) 5.41% 2024-07-19 19:08:05
Ennis (EBF) 4.36% 2024-07-20 16:44:06
Virtus Investment Partners (VRTS) 3.31% 2024-07-12 21:11:05
Enterprise Bancorp (EBTC) 3.28% 2024-07-26 15:48:06

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. OceanFirst Financial Corp. (OCFCP) – Dividend Yield: 7.06%

OceanFirst Financial Corp.’s last close was $24.80, 1.12% below its 52-week high of $25.08. Intraday change was -0.8%.

OceanFirst Financial Corp. operates as the bank holding company for OceanFirst Bank N.A. that provides community banking services to retail and commercial customers. It accepts money market accounts, savings accounts, interest-bearing checking accounts, non-interest-bearing accounts, and time deposits, that includes brokered deposits to retail, government, and business customers. The company also offers commercial real estate, multi-family, land loans, construction, and commercial and industrial loans; fixed-rate and adjustable-rate mortgage loans that are secured by one-to-four family residences; and consumer loans, such as home equity loans and lines of credit, student loans, overdraft line of credit, loans on savings accounts, and other consumer loans. In addition, it invests in mortgage-backed securities, securities issued by the U.S. Government and agencies, corporate securities, and other investments. Further, the company offers bankcard, trust and asset management services; and bank owned life insurance products. The company was founded in 1902 and is based in Red Bank, New Jersey.

Earnings Per Share

As for profitability, OceanFirst Financial Corp. has a trailing twelve months EPS of $1.67.

PE Ratio

OceanFirst Financial Corp. has a trailing twelve months price to earnings ratio of 14.86. Meaning, the purchaser of the share is investing $14.86 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 6.4%.

Moving Average

OceanFirst Financial Corp.’s worth is above its 50-day moving average of $24.68 and above its 200-day moving average of $24.29.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Apr 29, 2024, the estimated forward annual dividend rate is 1.75 and the estimated forward annual dividend yield is 7.06%.

Yearly Top and Bottom Value

OceanFirst Financial Corp.’s stock is valued at $24.80 at 17:15 EST, under its 52-week high of $25.08 and way higher than its 52-week low of $22.33.

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2. Gerdau S.A. (GGB) – Dividend Yield: 6.67%

Gerdau S.A.’s last close was $3.36, 34.55% under its 52-week high of $5.13. Intraday change was 0.6%.

Gerdau S.A., together with its subsidiaries, operates as a steel producer company in the Americas. The company operates through Brazil Business, North America Business, South America Business, and Special Steel Business divisions. It provides semi-finished products, including billets, blooms, and slabs; common long rolled products, such as rebars, wire rods, merchant bars, light shapes, and profiles to the construction and manufacturing industries; drawn products comprising barbed and barbless fence wires, galvanized wires, fences, concrete reinforcing wire mesh, nails, and clamps for manufacturing, construction, and agricultural industries; and special steel products used in auto parts, light and heavy vehicles, and agricultural machinery, as well as in the oil and gas, wind energy, machinery and equipment, mining and rail, and other markets. The company also offers flat products, such as hot-rolled steel coils and heavy plates; and resells flat steel products. In addition, it operates three mines that produce iron ore located in the Brazilian state of Minas Gerais. The company sells its products through independent distributors, direct sales from the mills, and its retail network. The company was founded in 1901 and is based in São Paulo, Brazil.

Earnings Per Share

As for profitability, Gerdau S.A. has a trailing twelve months EPS of $0.56.

PE Ratio

Gerdau S.A. has a trailing twelve months price to earnings ratio of 6. Meaning, the purchaser of the share is investing $6 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 12.63%.

Yearly Top and Bottom Value

Gerdau S.A.’s stock is valued at $3.36 at 17:15 EST, way below its 52-week high of $5.13 and above its 52-week low of $3.06.

Volume

Today’s last reported volume for Gerdau S.A. is 3818350 which is 54.15% below its average volume of 8329670.

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3. Credicorp Ltd. (BAP) – Dividend Yield: 5.41%

Credicorp Ltd.’s last close was $172.20, 4.44% under its 52-week high of $180.21. Intraday change was 0.31%.

Credicorp Ltd., a financial services holding company, provides various financial, insurance, and health services and products primarily in Peru and internationally. The company's Universal Banking segment offers deposits and current accounts, and various credits and financial instruments to individuals and legal entities. Its Insurance and Pensions segment issues insurance policies to cover losses in commercial property, transportation, marine vessels, automobile, life, health, and pensions, as well as provides private pension fund management services. The company's Microfinance segment manages loans, credits, deposits, and current accounts of the small and microenterprises. Its Investment Banking and Wealth Management segment offers its services to corporations, institutional investors, governments, and foundations; engages in structuring and placement of issues in the primary market, as well as the execution and negotiation of operations in the secondary market; and structures securitization processes for corporate customers and manages mutual funds. The company was founded in 1889 and is headquartered in Lima, Peru.

Earnings Per Share

As for profitability, Credicorp Ltd. has a trailing twelve months EPS of $16.51.

PE Ratio

Credicorp Ltd. has a trailing twelve months price to earnings ratio of 10.43. Meaning, the purchaser of the share is investing $10.43 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 15.57%.

Moving Average

Credicorp Ltd.’s value is higher than its 50-day moving average of $164.82 and way higher than its 200-day moving average of $152.88.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on May 17, 2024, the estimated forward annual dividend rate is 9.29 and the estimated forward annual dividend yield is 5.41%.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is 5.1% and 14.6%, respectively.

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4. Ennis (EBF) – Dividend Yield: 4.36%

Ennis’s last close was $22.95, 3.29% under its 52-week high of $23.73. Intraday change was -1.25%.

Ennis, Inc. designs, manufactures, and sells business forms and other business products in the United States. The company offers snap sets, continuous forms, laser cut sheets, tags, labels, envelopes, integrated products, jumbo rolls, and pressure sensitive products under the Ennis, Royal Business Forms, Block Graphics, Specialized Printed Forms, 360º Custom Labels, ColorWorx, Enfusion, Uncompromised Check Solutions, VersaSeal, Ad Concepts, FormSource Limited, Star Award Ribbon Company, Witt Printing, B&D Litho, Genforms, PrintGraphics, Calibrated Forms, PrintXcel, Printegra, Falcon Business Forms, Forms Manufacturers, Mutual Graphics, TRI-C Business Forms, Major Business Systems, Independent Printing, Hoosier Data Forms, Hayes Graphics, Wright Business Graphics, Wright 360, Integrated Print & Graphics, the Flesh Company, Impressions Direct, and Ace Forms brands. It also provides point of purchase advertising for large franchise and fast food chains, as well as kitting and fulfillment under the Adams McClure brand; and presentation folders and document folders under the Admore, Folder Express, and Independent Folders brands. In addition, the company offers custom printed, high performance labels, and custom and stock tags under the Ennis Tag & Label brands; custom and stock tags and labels under the Allen-Bailey Tag & Label, Atlas Tag & Label, Kay Toledo Tag, and Special Service Partners brands; custom and imprinted envelopes under the Trade Envelopes, Block Graphics, Wisco, and National Imprint Corporation brands; and financial and security documents under the Northstar and General Financial Supply brands. It distributes business products and forms through independent distributors. The company was formerly known as Ennis Business Forms, Inc. Ennis, Inc. was founded in 1909 and is headquartered in Midlothian, Texas.

Earnings Per Share

As for profitability, Ennis has a trailing twelve months EPS of $1.6.

PE Ratio

Ennis has a trailing twelve months price to earnings ratio of 14.34. Meaning, the purchaser of the share is investing $14.34 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 12.04%.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Jul 5, 2024, the estimated forward annual dividend rate is 1 and the estimated forward annual dividend yield is 4.36%.

Moving Average

Ennis’s value is higher than its 50-day moving average of $21.48 and higher than its 200-day moving average of $20.93.

Volume

Today’s last reported volume for Ennis is 94934 which is 2.1% below its average volume of 96979.

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5. Virtus Investment Partners (VRTS) – Dividend Yield: 3.31%

Virtus Investment Partners’s last close was $230.93, 12.32% under its 52-week high of $263.39. Intraday change was 0.5%.

Virtus Investment Partners, Inc. is a publicly owned investment manager. The firm primarily provides its services to individual and institutional clients. It launches separate client focused equity and fixed income portfolios. The firm launches equity, fixed income, and balanced mutual funds for its clients. It invests in the public equity, fixed income, and real estate markets. The firm also invests in exchange traded funds. It employs a multi manager approach for its products. The firm employs quantitative analysis to make its investments. It benchmarks the performance of its portfolios against the S&P 500 Index. The firm conducts in-house research to make its investments. Virtus Investment Partners, Inc. was founded in 1988 and is based in Hartford, Connecticut.

Earnings Per Share

As for profitability, Virtus Investment Partners has a trailing twelve months EPS of $16.59.

PE Ratio

Virtus Investment Partners has a trailing twelve months price to earnings ratio of 13.92. Meaning, the purchaser of the share is investing $13.92 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 14.9%.

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6. Enterprise Bancorp (EBTC) – Dividend Yield: 3.28%

Enterprise Bancorp’s last close was $29.28, 14.13% below its 52-week high of $34.10. Intraday change was 0.99%.

Enterprise Bancorp, Inc. operates as the holding company of Enterprise Bank and Trust Company that provides commercial banking products and services. It offers commercial and retail deposit products, including checking accounts, limited-transactional savings and money market accounts, commercial sweep products, and term certificates of deposit. The company also provides commercial real estate, commercial and industrial, commercial construction, residential, and consumer loans, as well as home equity loans and lines of credit. In addition, the company offers cash management services; wealth advisory and management services that include customized investment management and trust services to individuals, family groups, commercial businesses, trusts, foundations, non-profit organizations, and endowments; brokerage and management services to individual investors; insurance services; and voice, online, and mobile banking services. As of January 27, 2022, it had 26 full-service branches located in the Massachusetts communities of Acton, Andover, Billerica, Chelmsford, Dracut, Fitchburg, Lawrence, Leominster, Lexington, Lowell, Methuen, North Andover, Tewksbury, Tyngsborough, and Westford; and in the New Hampshire communities of Derry, Hudson, Nashua, Pelham, Salem, and Windham. The company was founded in 1989 and is headquartered in Lowell, Massachusetts.

Earnings Per Share

As for profitability, Enterprise Bancorp has a trailing twelve months EPS of $2.89.

PE Ratio

Enterprise Bancorp has a trailing twelve months price to earnings ratio of 10.23. Meaning, the purchaser of the share is investing $10.23 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 11%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 7.8%, now sitting on 162.52M for the twelve trailing months.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Aug 13, 2024, the estimated forward annual dividend rate is 0.96 and the estimated forward annual dividend yield is 3.28%.

Volume

Today’s last reported volume for Enterprise Bancorp is 12595 which is 37.74% below its average volume of 20231.

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