Ten High-Yielding Stocks Going Ex-Dividend in November

Investors occasionally use a stock trading technique called 'Buying Dividends,' which is the technique of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend. This technique generally works only in bull markets.

If you are interested in buying dividends, there are many stocks in many different industries to choose from. In order to be entitled to the dividend, you have to buy the stock before the ex-dividend date, and you can't sell the stock until after the ex date. The actual dividend may not be paid for another few weeks.

All of the following stocks have market caps over $500 million, and yields over 4.5%:

• The Student Loan Corp. (STU) Ex-dividend date: 11/12/2008 Yield: 12.64%.
• CIT Group Inc. (CIT) Ex-dividend date: 11/12/2008 Yield: 12.16%.
• Deluxe Corporation (DLX) Ex-dividend date: 11/13/2008 Yield: 10.47%.
• Highwoods Properties, Inc. (HIW) Ex-dividend date: 11/13/2008 Yield: 7.89%.
• TOTAL S.A. (TOT) Ex-dividend date: 11/14/2008 Yield: 6.93%.
• International Paper Company (IP) Ex-dividend date: 11/13/2008 Yield: 6.05%.
• Astoria Financial Corporation (AF) Ex-dividend date: 11/13/2008 Yield: 5.99%.
• Eli Lilly & Co. (LLY) Ex-dividend date: 11/12/2008 Yield: 5.62%.
• Shaw Communications Inc. (SJR) Ex-dividend date: 11/13/2008 Yield: 5.11%.
• Principal Financial Group, Inc. (PFG) Ex-dividend date: 11/12/2008 Yield: 4.84%.

For more details on dividend definitions, check out definitions of dividend dates.

Disclosure: Author does not own any of the above.

Comments

[Sapphire:]

Thanks for the list! Very informative and useful.

2008 Oct 26 10:35 PM

[horsebrains:]

it is my understanding that if you own the stock,you CAN sell it ON the ex-div date, and still receive the div.....this is different than the article states-that you can't sell until after the ex div.......can anybody clear this up?

2008 Nov 07 08:32 AM