2023-01-25 20:20:42

Trustmark (TRMK) Passes Through 3% Yield Mark

Logo Nasdaq
Nasdaq
By Bnk Invest

Looking at the universe of stocks we cover at Dividend Channel, in trading on Wednesday, shares of Trustmark Corp (Symbol: TRMK) were yielding above the 3% mark based on its quarterly dividend (annualized to $0.92), with the stock changing hands as low as $27.66 on the day. Dividends are particularly important for investors to consider, because historically speaking dividends have provided a considerable share of the stock market's total return. To illustrate, suppose for example you purchased shares of the iShares Russell 3000 ETF (IWV) back on 5/31/2000 you would have paid $78.27 per share. Fast forward to 5/31/2012 and each share was worth $77.79 on that date, a loss of $0.48 or 0.6% decrease over twelve years. But now consider that you collected a whopping $10.77 per share in dividends over the same period, increasing your return to 13.15%. Even with dividends reinvested, that only amounts to an average annual total return of about 1.0%; so by comparison collecting a yield above 3% would appear considerably attractive if that yield is sustainable. Trustmark Corp (Symbol: TRMK) is a member of the Russell 3000, giving it special status as one of the largest 3000 companies on the U.S. stock markets.

Continue read on nasdaq.com

Logo Nasdaq
Business / FinanceBy Bnk Invest2023-01-25 16:26:01
In trading on Wednesday, shares of Trustmark Corp (Symbol: TRMK) crossed below their 200 day moving average of $32.08, changing hands as low as $27.83 per...

Logo Nasdaq
Business / FinanceBy Bnk Invest2023-01-25 20:20:20
Looking at the universe of stocks we cover at Dividend Channel, in trading on Wednesday, shares of Sandy Spring Bancorp Inc (Symbol: SASR) were yielding...

Logo Nasdaq
Business / FinanceBy Bnk Invest2023-01-25 18:31:35
On 1/26/23, Citigroup Inc's 7.875% Fixed Rate/Floating Rate Trust Preferred Securities (Symbol: C.PRN) will trade ex-dividend, for its quarterly dividend of...

Logo Benzinga
Business / FinanceBy Business Wire2023-01-25 14:13:00
Winmark Corporation WINA announced today that its Board of Directors has approved the payment of a quarterly cash dividend to shareholders. The quarterly...

Logo Nasdaq
Business / FinanceBy Bnk Invest2023-01-25 16:28:54
The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to...

Logo Nasdaq
Business / FinanceBy Bnk Invest2023-01-25 16:28:43
The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to...

Logo Nasdaq
Business / FinanceBy Bnk Invest2023-01-25 20:19:23
Looking at the universe of stocks we cover at Dividend Channel, in trading on Wednesday, shares of Equity Residential (Symbol: EQR) were yielding above the...

Logo Nasdaq
Business / FinanceBy Bnk Invest2023-01-25 19:27:37
In trading on Wednesday, shares of Citigroup Inc's 7.875% Fixed Rate/Floating Rate Trust Preferred Securities (Symbol: C.PRN) were yielding above the 9.5%...

Logo Nasdaq
Business / FinanceBy Bnk Invest2023-01-24 20:17:56
Looking at the universe of stocks we cover at Dividend Channel, in trading on Tuesday, shares of CMS Energy Corp (Symbol: CMS) were yielding above the 3%...

Logo Nasdaq
Business / FinanceBy Bnk Invest2023-01-19 20:14:04
Looking at the universe of stocks we cover at Dividend Channel, in trading on Thursday, shares of Triton International Ltd (Symbol: TRTN) were yielding above...

Logo Nasdaq
Business / FinanceBy Bnk Invest2023-01-24 20:17:38
Looking at the universe of stocks we cover at Dividend Channel, in trading on Tuesday, shares of New York Community Bancorp Inc. (Symbol: NYCB) were yielding...

Logo Benzinga
Business / FinanceBy Benzinga Insights2023-01-23 17:00:48
Trustmark TRMK is set to give its latest quarterly earnings report on Tuesday, 2023-01-24. Here's what investors need to know before the announcement....

Logo Nasdaq
Business / FinanceBy Bnk Invest2023-01-25 16:28:27
The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to...

Logo Benzinga
Business / FinanceBy Business Wire2023-01-24 21:02:00
Brown-Forman Corporation BFA BFB))) announced today that its Board of Directors declared a regular quarterly cash dividend of $0.2055 per share on its Class...

Logo Nasdaq
Business / FinanceBy Bnk Invest2023-01-25 16:28:35
The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to...

Logo Nasdaq
Business / FinanceBy Bnk Invest2023-01-24 20:17:59
Looking at the universe of stocks we cover at Dividend Channel, in trading on Tuesday, shares of Citizens Financial Group Inc (Symbol: CFG) were yielding...

Logo Nasdaq
Business / FinanceBy Bnk Invest2023-01-24 20:18:10
Looking at the universe of stocks we cover at Dividend Channel, in trading on Tuesday, shares of NetApp, Inc. (Symbol: NTAP) were yielding above the 3% mark...

Logo GlobeNewswire
GLENVILLE, N.Y., Jan. 23, 2023 (GLOBE NEWSWIRE) -- TrustCo Bank Corp NY (TrustCo, NASDAQ: TRST) today announced full year 2022 net income of $75.2 million or...

Logo GlobeNewswire
NEW YORK, Jan. 25, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of Nasdaq, Inc. (Nasdaq: NDAQ) has declared a regular quarterly dividend of $0.20 per...

Logo Nasdaq
Business / FinanceBy Bnk Invest2023-01-25 16:28:34
The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to...