Washington Trust Bancorp, Bank Of Hawaii Corporation, Another 2 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Washington Trust Bancorp (WASH), Bank of Hawaii Corporation (BOH), MDU Resources Group (MDU) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Washington Trust Bancorp (WASH) 5.12% 2023-02-10 20:07:24
Bank of Hawaii Corporation (BOH) 3.7% 2023-01-29 21:09:10
MDU Resources Group (MDU) 3.13% 2023-02-01 07:49:17
Bank of New York Mellon (BK) 2.86% 2023-02-15 15:55:42

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. Washington Trust Bancorp (WASH) – Dividend Yield: 5.12%

Washington Trust Bancorp’s last close was $43.98, 23.1% under its 52-week high of $57.19. Intraday change was 0.07%.

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 $4.49.

PE Ratio

Washington Trust Bancorp has a trailing twelve months price to earnings ratio of 9.78. Meaning, the purchaser of the share is investing $9.78 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 14.08%.

Volatility

Washington Trust Bancorp’s last week, last month’s, and last quarter’s current intraday variation average was a positive 0.08%, a negative 0.55%, and a positive 1.19%.

Washington Trust Bancorp’s highest amplitude of average volatility was 0.26% (last week), 1.42% (last month), and 1.19% (last quarter).

Sales Growth

Washington Trust Bancorp’s sales growth is 15.4% for the ongoing quarter and 26.2% for the next.

Yearly Top and Bottom Value

Washington Trust Bancorp’s stock is valued at $43.98 at 19:15 EST, way under its 52-week high of $57.19 and higher than its 52-week low of $41.03.

More news about Washington Trust Bancorp.

2. Bank of Hawaii Corporation (BOH) – Dividend Yield: 3.7%

Bank of Hawaii Corporation’s last close was $75.61, 15.27% under its 52-week high of $89.24. Intraday change was 1.2%.

Bank of Hawaii Corporation operates as the bank holding company for Bank of Hawaii that provides various financial products and services in Hawaii, Guam, and other Pacific Islands. It operates in three segments: Consumer Banking, Commercial Banking, and Treasury and Other. The Consumer Banking segment offers checking, savings, and time deposit accounts; residential mortgage loans, home equity lines of credit, automobile loans and leases, personal lines of credit, installment loans, small business loans and leases, and credit cards; private and international client banking, and trust services to individuals and families, and high-net-worth individuals; investment management and institutional investment advisory services to corporations, government entities, and foundations; and brokerage offering equities, mutual funds, life insurance, and annuity products. This segment operates 65 branch locations and 357 ATMs throughout Hawaii and the Pacific Islands, as well as through a customer service center, and online and mobile banking. The Commercial Banking segment provides corporate banking, commercial real estate loans, commercial lease financing, auto dealer financing, and deposit products. It offers commercial lending and deposit products to middle-market and large companies, and government entities; commercial real estate mortgages to investors, developers, and builders; and international banking and merchant services. The Treasury and Other segment offers corporate asset and liability management services, including interest rate risk management and foreign exchange services. Bank of Hawaii Corporation was founded in 1897 and is headquartered in Honolulu, Hawaii.

Earnings Per Share

As for profitability, Bank of Hawaii Corporation has a trailing twelve months EPS of $5.48.

PE Ratio

Bank of Hawaii Corporation has a trailing twelve months price to earnings ratio of 13.8. Meaning, the purchaser of the share is investing $13.8 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 15.42%.

More news about Bank of Hawaii Corporation.

3. MDU Resources Group (MDU) – Dividend Yield: 3.13%

MDU Resources Group’s last close was $30.39, 5.59% under its 52-week high of $32.19. Intraday change was 1.71%.

MDU Resources Group, Inc. engages in regulated energy delivery, and construction materials and services businesses in the United States. The company's Electric segment generates, transmits, and distributes electricity for residential, commercial, industrial, and municipal customers in Montana, North Dakota, South Dakota, and Wyoming. Its Natural Gas Distribution segment distributes natural gas for residential, commercial, and industrial customers in Idaho, Minnesota, Montana, North Dakota, Oregon, South Dakota, Washington, and Wyoming; and offers supply related value-added services. The company's Pipeline segment provides natural gas transportation, underground storage, and gathering services through regulated and nonregulated pipeline systems primarily in the Rocky Mountain and northern Great Plains regions; and cathodic protection and other energy-related services. Its Construction Materials and Contracting segment mines, processes, and sells construction aggregates; produces and sells asphalt mix; and supplies ready-mixed concrete. This segment is also involved in the sale of cement, liquid asphalt, finished concrete products, and other building materials and related contracting services. The company's Construction Services segment designs, constructs, and maintains electrical and communication wiring and infrastructure, fire suppression systems, and mechanical piping and services; and overhead and underground electrical distribution and transmission lines, substations, external lighting, traffic signalization, and gas pipelines, as well as engages in the utility excavation activities. This segment also manufactures and distributes transmission line construction equipment; and constructs and maintains renewable energy projects. It serves manufacturing, commercial, industrial, institutional, and government customers, as well as utilities. The company was founded in 1924 and is headquartered in Bismarck, North Dakota.

Earnings Per Share

As for profitability, MDU Resources Group has a trailing twelve months EPS of $1.95.

PE Ratio

MDU Resources Group has a trailing twelve months price to earnings ratio of 15.88. Meaning, the purchaser of the share is investing $15.88 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 9.96%.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Sep 6, 2022, the estimated forward annual dividend rate is 0.87 and the estimated forward annual dividend yield is 3.13%.

More news about MDU Resources Group.

4. Bank of New York Mellon (BK) – Dividend Yield: 2.86%

Bank of New York Mellon’s last close was $51.71, 17.78% under its 52-week high of $62.89. Intraday change was -0.06%.

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, prime brokerage, 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; and clearance and collateral management 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 $3.75.

PE Ratio

Bank of New York Mellon has a trailing twelve months price to earnings ratio of 13.79. Meaning, the purchaser of the share is investing $13.79 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 6.08%.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Jan 19, 2023, the estimated forward annual dividend rate is 1.48 and the estimated forward annual dividend yield is 2.86%.

More news about Bank of New York Mellon.

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