(VIANEWS) – Lake Shore Bancorp (LSBK), United Bancorp (UBCP), Valley National Bancorp (VLY) have the highest dividend yield stocks on this list.

Rank Financial Asset Price Change Forward Dividend Yield Updated (EST)
1 Lake Shore Bancorp (LSBK) 12.96 0.47% 5.5% 2022-11-10 13:23:15
2 United Bancorp (UBCP) 15.38 1.72% 4.1% 2022-11-12 19:06:09
3 Valley National Bancorp (VLY) 11.87 -0.84% 3.68% 2022-11-01 05:08:05
4 Norfolk Southern (NSC) 248.38 -1.31% 2.23% 2022-11-15 15:46:13
5 Ryerson Holding Corporation (RYI) 26.78 9.66% 2.19% 2022-11-05 22:17:06

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. Lake Shore Bancorp (LSBK) – Dividend Yield: 5.5%

Lake Shore Bancorp’s last close was $12.81, 16% under its 52-week high of $15.25.

Lake Shore Bancorp, Inc. operates as the savings and loan holding company for Lake Shore Savings Bank that provides banking products and services. It accepts various deposit products, such as regular savings deposits, including Christmas Club, passbook, and statement savings accounts; money market savings and checking accounts; interest bearing and non-interest bearing checking accounts comprising demand deposits; health savings accounts; retirement accounts; time deposits; interest on lawyer accounts; and accounts for individuals, as well as commercial savings, checking, and money market accounts for small to medium sized businesses. The company's loan portfolio consists of commercial real estate, commercial construction, and home equity loans; lines of credit; commercial loans, such as business installment loan, line of credit, and other commercial loan; one-to four-family residential mortgages; and consumer loans that include personal consumer loans, overdraft lines of credit, vehicle loans, secured and unsecured property improvement loans, and other secured loans, as well as loans secured by certificates of deposit. As of February 5, 2021, it had eleven full-service branch locations in Western New York, including five locations in Chautauqua County and six locations in Erie County, New York. The company was founded in 1891 and is headquartered in Dunkirk, New York. Lake Shore Bancorp, Inc. operates as a subsidiary of Lake Shore, MHC.

Earnings per Share

Lake Shore Bancorp’s trailing twelve-month EPS is $0.94.

PE Ratio

Lake Shore Bancorp’s trailing 12-month price-to-earnings ratio is 13.83. The purchaser of the shares is therefore investing $13.83 per dollar in annual earnings.

For the 12 trailing months, the company’s return-on-equity, which is a measure of the business’ profitability relative to shareholders’ equity, was 7.69%.

Moving Average

Lake Shore Bancorp is valued below its 50-day moving mean of $13.18, and its 200-day moving mean of $14.11.

Yearly Top and Bottom Value

Lake Shore Bancorp’s stock is valued at $12.96 at 09:15 EST, way under its 52-week high of $15.25 and above its 52-week low of $12.73.

Dividend Yield

Morningstar, Inc. estimates that the next dividend payment will be on July 31, 2022. The forward annual dividend rate for 2020 is 0.72, and the forward annual dividend yield of 5.5%.

Volume

Today’s last reported volume for Lake Shore Bancorp is 323 which is 83.03% below its average volume of 1904.

More news about Lake Shore Bancorp.

2. United Bancorp (UBCP) – Dividend Yield: 4.1%

United Bancorp’s last close was $15.38, 26.16% under its 52-week high of $20.83.

United Bancorp, Inc. operates as the bank holding company for Unified Bank that provides commercial and retail banking services in Ohio. It accepts demand, savings, and time deposits, as well as grants commercial, commercial and residential real estate, and consumer loans. As of December 31, 2020, the company operated through a network of nineteen banking offices in Athens, Belmont, Carroll, Fairfield, Harrison, Jefferson, and Tuscarawas Counties in Ohio, as well as Marshall and Ohio Counties in West Virginia and the surrounding localities; and a loan production office in Wheeling, West Virginia. United Bancorp, Inc. was founded in 1902 and is headquartered in Martins Ferry, Ohio.

Earnings Per Share

As for profitability, United Bancorp has a trailing twelve months EPS of $1.61.

PE Ratio

United Bancorp has a trailing twelve months price to earnings ratio of 9.55. Meaning,
the purchaser of the share is investing $9.55 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 14.3%.

More news about United Bancorp.

3. Valley National Bancorp (VLY) – Dividend Yield: 3.68%

Valley National Bancorp’s last close was $11.87, 21.39% below its 52-week high of $15.10.

Valley National Bancorp is the holding company of Valley National Bank, which provides financial services in the areas of commercial, retail and insurance. It operates in three segments: Consumer Lending and Commercial Lending. Investment Management is another segment. The company’s deposit products are non-interest bearing and include savings, NOW, money market accounts, certificates of deposit, and other savings. It offers a variety of loan products, including residential mortgage loans and automobile loans. Secured personal lines are also available. There is an adjustable and floating rate for commercial and industrial loans. Fixed rate loans can be fixed or owner-occupied. The company also holds interest-bearing and securities deposits. It offers international banking services such as standing letters of credit, documentary letter of credit and related products. The company also offers asset management advisory and trust services as well as asset-based lending support. It provides property, casualty and life, health and title insurance agency services. Health care equipment lending is available as well as other services related to real estate investments. It also offers safe deposit services, as well as automated teller machines, phone and Internet banking and remote deposit capturing. There are 238 branches across New Jersey, New York and Florida. Valley National Bancorp, which was established in New York in 1927, is located in New York.

Earnings per Share

Valley National Bancorp’s trailing twelve-month EPS is $1.04.

PE Ratio

Valley National Bancorp’s trailing 12-month price-to-earnings ratio is 11.41. The purchaser of shares is therefore investing $11.41 per dollar in annual earnings.

For the 12 trailing months, the company’s return-on-equity, which is a measure of the business’ profitability relative to shareholders’ equity, was 9.13%.

Growth Estimates Quarters

For the current quarter, the company expects to grow by 28.6% and 25 percent respectively.

Revenue Growth

Year-on-year quarterly revenue growth grew by 49.9%, now sitting on 1.62B for the twelve trailing months.

More news about Valley National Bancorp.

4. Norfolk Southern (NSC) – Dividend Yield: 2.23%

Norfolk Southern’s last close was $248.14, 17.07% below its 52-week high of $299.20.

Norfolk Southern Corporation and its subsidiaries engage in rail transport of raw materials, intermediate goods, and final goods within the United States. It transports agricultural, forest and consumer goods including soybeans. The company also ships overseas cargo through several Gulf Coast ports. It provides passenger transport services by train and an intermodal network. The company had approximately 19,300 miles of route in 22 US states and District of Columbia as of December 31, 2021. Norfolk Southern Corporation was established in 1980. It is located in Atlanta, Georgia.

Earnings per Share

Norfolk Southern’s trailing twelve-month EPS is $9.03.

PE Ratio

Norfolk Southern’s trailing 12 months earnings to price ratio is 27.5. The purchaser of the shares is therefore investing $27.5 per dollar in annual earnings.

For the 12 trailing months, the company’s return-on-equity, which is a measure of the profitability of a company relative to shareholders’ equity, was 24.08%.

More news about Norfolk Southern.

5. Ryerson Holding Corporation (RYI) – Dividend Yield: 2.19%

Ryerson Holding Corporation’s last close was $26.78, 39.26% under its 52-week high of $44.09.

Ryerson Holding Corporation and its affiliates process and distribute industrial metals throughout the United States, Canada and Mexico. There are a variety of products available from Ryerson Holding Corporation, which includes carbon, stainless, alloy, and aluminium. They also offer nickel and red metals in various forms such as coils and sheets as well as flat and square bars and plates. The company also offers various services such as cutting-to length, drilling, embossing and flattening. It serves many industries including metal fabrication, machine shops, commercial ground transport, HVAC manufacturing and food processing, as well as oil and gas. Ryerson Holding Corporation was established in 1842. It is located in Chicago, Illinois.

Earnings Per Share

As for profitability, Ryerson Holding Corporation has a trailing twelve months EPS of $13.25.

PE Ratio

Ryerson Holding Corporation has a trailing twelve months price to earnings ratio of 2.02. Meaning,
the purchaser of the share is investing $2.02 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 79.01%.

Dividend Yield

Morningstar, Inc. has stated that the next dividend payment will be on November 29, 2022. The forward dividend rate for 2020 is 0.54, and the forward dividend yield of 2.19%.

Growth Estimates Quarters

For the current quarter, the company expects a decline of 69.4% in growth and for the next quarter, a decrease of 79.9% respectively.

More news about Ryerson Holding Corporation.