Banner Corp. (BANR) Stock Offers Attractive Dividend Yield Over 3%
In trading on Tuesday, shares of Banner Corp. (Symbol: BANR) reached a yield exceeding 3% based on its quarterly dividend, which is annualized at $1.92. The stock dipped to $62.61 during trading. Dividends are crucial for investors since they have historically contributed significantly to total stock market returns. For example, if you had purchased shares of the iShares Russell 3000 ETF (IWV) on May 31, 2000, at a price of $78.27, you would have faced a loss, as shares were valued at $77.79 on May 31, 2012, reflecting a decline of $0.48 or 0.6% over those twelve years. However, by collecting a substantial $10.77 in dividends during that time, your return would increase to 13.15%. Even when dividends are reinvested, the average annual return would amount to about 1.0%. Thus, discovering a yield over 3% can be particularly appealing if it proves sustainable. Notably, Banner Corp. (Symbol: BANR) is part of the Russell 3000 index, highlighting its stature among the largest companies on the U.S. stock market.
Generally, dividend amounts can fluctuate and align closely with each company’s profitability. Examining the dividend history for Banner Corp. (BANR) displayed below can assist investors in predicting whether the recent dividend is likely to persist, and whether maintaining a 3% annual yield is reasonable.
Click here to discover 9 other dividend stocks that have recently seen price reductions »
Additional Resources:
- Institutional Holders of CSRA
- GEG YTD Return
- DCRB Shares Outstanding History
The views and opinions expressed herein are those of the author and do not reflect the views of Nasdaq, Inc.
