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Valley National Bancorp, Edison International, Another 3 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Valley National Bancorp (VLY), Edison International (EIX), Camden Property Trust (CPT) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Valley National Bancorp (VLY) 5.57% 2024-04-02 11:13:06
Edison International (EIX) 4.5% 2024-04-12 15:20:00
Camden Property Trust (CPT) 4.31% 2024-04-03 23:46:05
Timberland Bancorp (TSBK) 3.83% 2024-04-13 22:41:06
MFS Investment Grade Municipal Trust (CXH) 3.55% 2024-04-04 03:06:05

Almost 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. Valley National Bancorp (VLY) – Dividend Yield: 5.57%

Valley National Bancorp’s last close was $7.88, 29.77% under its 52-week high of $11.22. Intraday change was -3.8%.

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 $0.95.

PE Ratio

Valley National Bancorp has a trailing twelve months price to earnings ratio of 7.98. Meaning, the purchaser of the share is investing $7.98 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 7.61%.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Mar 13, 2024, the estimated forward annual dividend rate is 0.44 and the estimated forward annual dividend yield is 5.57%.

Volume

Today’s last reported volume for Valley National Bancorp is 2110980 which is 67.36% below its average volume of 6468520.

More news about Valley National Bancorp.

2. Edison International (EIX) – Dividend Yield: 4.5%

Edison International’s last close was $68.63, 8.4% under its 52-week high of $74.92. Intraday change was -0.31%.

Edison International, through its subsidiaries, engages in the generation and distribution of electric power. The company supplies and delivers electricity to approximately 50,000 square mile area of southern California to residential, commercial, industrial, public authorities, agricultural, and other sectors. Its transmission facilities consist of lines ranging from 55 kV to 500 kV and approximately 80 transmission substations; distribution system consists of approximately 38,000 circuit-miles of overhead lines; approximately 31,000 circuit-miles of underground lines; and 730 distribution substations. The company was founded in 1886 and is based in Rosemead, California.

Earnings Per Share

As for profitability, Edison International has a trailing twelve months EPS of $3.11.

PE Ratio

Edison International has a trailing twelve months price to earnings ratio of 22.07. Meaning, the purchaser of the share is investing $22.07 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 6.75%.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Mar 27, 2024, the estimated forward annual dividend rate is 3.12 and the estimated forward annual dividend yield is 4.5%.

More news about Edison International.

3. Camden Property Trust (CPT) – Dividend Yield: 4.31%

Camden Property Trust’s last close was $95.88, 15.92% below its 52-week high of $114.04. Intraday change was 0.24%.

Camden Property Trust, an S&P 400 Company, is a real estate company primarily engaged in the ownership, management, development, redevelopment, acquisition, and construction of multifamily apartment communities. Camden owns interests in and operates 167 properties containing 56,850 apartment homes across the United States. Upon completion of 7 properties currently under development, the Company's portfolio will increase to 59,104 apartment homes in 174 properties. Camden has been recognized as one of the 100 Best Companies to Work For® by FORTUNE magazine for 13 consecutive years, most recently ranking #18. The Company also received a Glassdoor Employees' Choice Award in 2020, ranking #25 for large U.S. companies.

Earnings Per Share

As for profitability, Camden Property Trust has a trailing twelve months EPS of $3.71.

PE Ratio

Camden Property Trust has a trailing twelve months price to earnings ratio of 25.84. Meaning, the purchaser of the share is investing $25.84 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 8.12%.

More news about Camden Property Trust.

4. Timberland Bancorp (TSBK) – Dividend Yield: 3.83%

Timberland Bancorp’s last close was $24.90, 22.67% below its 52-week high of $32.20. Intraday change was -0.6%.

Timberland Bancorp, Inc. operates as the bank holding company for Timberland Bank that provides various banking services in Washington. It offers various deposit products, including money market deposit accounts, checking accounts, regular savings accounts, and certificates of deposit. The company also provides one-to four-family residential, multi-family, commercial real estate, construction, custom and owner/builder construction, speculative one- to four-family construction, commercial construction, multi-family construction, land development construction, and land loans. In addition, it offers consumer loans comprising home equity lines of credit and second mortgage loans; and automobile loans, boat loans, motorcycle loans, recreational vehicle loans, savings account loans, and unsecured loans, as well as commercial business loans. The company operates 24 branches located in Grays Harbor, Pierce, Thurston, Kitsap, King, and Lewis counties in Washington. As of September 30, 2020, it operated 25 proprietary automated teller machines. Timberland Bancorp, Inc. was founded in 1915 and is based in Hoquiam, Washington.

Earnings Per Share

As for profitability, Timberland Bancorp has a trailing twelve months EPS of $3.16.

PE Ratio

Timberland Bancorp has a trailing twelve months price to earnings ratio of 7.88. Meaning, the purchaser of the share is investing $7.88 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 11.24%.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Feb 8, 2024, the estimated forward annual dividend rate is 0.96 and the estimated forward annual dividend yield is 3.83%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 7.3%, now sitting on 75.93M for the twelve trailing months.

Moving Average

Timberland Bancorp’s worth is under its 50-day moving average of $26.34 and way under its 200-day moving average of $28.27.

Volume

Today’s last reported volume for Timberland Bancorp is 8980 which is 31.2% below its average volume of 13053.

More news about Timberland Bancorp.

5. MFS Investment Grade Municipal Trust (CXH) – Dividend Yield: 3.55%

MFS Investment Grade Municipal Trust’s last close was $7.52, 2.84% under its 52-week high of $7.74. Intraday change was -0.53%.

MFS Investment Grade Municipal is a close ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. The fund invests in fixed income markets of the United States. It primarily invests in tax-exempt bonds and tax-exempt notes. The fund benchmarks the performance of its portfolio against Barclays Municipal Bond Index. MFS Investment Grade Municipal Trust was founded in May 16, 1989 and is domiciled in United States.

Earnings Per Share

As for profitability, MFS Investment Grade Municipal Trust has a trailing twelve months EPS of $0.23.

PE Ratio

MFS Investment Grade Municipal Trust has a trailing twelve months price to earnings ratio of 32.7. Meaning, the purchaser of the share is investing $32.7 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 2.16%.

Volume

Today’s last reported volume for MFS Investment Grade Municipal Trust is 11552 which is 50.96% below its average volume of 23559.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Mar 12, 2024, the estimated forward annual dividend rate is 0.27 and the estimated forward annual dividend yield is 3.55%.

More news about MFS Investment Grade Municipal Trust.

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