Week 32, 2020

For Monday, August 3, the pick is Banner Corp (BANR). We’ve traded this Wall Walla, Washington based regional bank twice before with success. Recent numbers are down from prior years, but they’re still making nice profits. The current yield is 4.6%.

Next up is Idacorp (IDA). We’ve also traded this electric utility a couple times before. Earnings, as with the other utilities we’ve traded, have been impacted by COVID, but not as significantly as with other sectors. The current yield is just over 2.8%.

Northwest Bancshares (NWBI) gets the mid-week slot. Earnings from just a couple days ago show a loss for the most recent quarter, but nearly all of it from COVID related expenses. This next payout will be their “103rd consecutive quarter” paying a dividend. The current yield is a fat 7.8%.

For Thursday, we have an open position in BCB Bancorp (BCBP). The yield is now 6.8%.

Finally, we have two open positions for Friday – Sonoco Products (SON) and German American Bancorp (GABC). The yields are 3.2% and 2.6%, respectively.