17 Stocks Going Ex-Dividend in February

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 yield over 1%.

• Xilinx, Inc. (XLNX) Ex dividend date: 2/2/09 Yield: 3.5% P/E ratio: 11.0 PEG ratio: 0.91.
• Autoliv Inc. (ALV) Ex dividend date: 2/3/09 Yield: 9.1% P/E ratio: 4.5 PEG ratio: 0.60.
• The Boeing Company (BA) Ex dividend date: 2/4/09 Yield: 3.8% P/E ratio: 8.3 PEG ratio: 0.77.
• Bank of Montreal (USA) (BMO) Ex dividend date: 2/4/09 Yield: 9.1% P/E ratio: 9.0 PEG ratio: 1.13.
• FirstEnergy Corp. (FE) Ex dividend date: 2/4/09 Yield: 4.4% P/E ratio: 12.0 PEG ratio: 1.60.
• Lubrizol Corporation (LZ) Ex dividend date: 2/6/09 Yield: 3.5% P/E ratio: 8.9 PEG ratio: 0.71.
• Corus Entertainment Inc. (USA) (CJR) Ex dividend date: 2/11/09 Yield: 4.1% P/E ratio: 9.3 PEG ratio: 0.74.
• Enbridge Inc. (USA) (ENB) Ex dividend date: 2/11/09 Yield: 3.3% P/E ratio: 11.3 PEG ratio: 1.14.
• International Paper Company (IP) Ex dividend date: 2/11/09 Yield: 9.4% P/E ratio: 5.2 PEG ratio: 0.95.
• Linear Technology Corporation (LLTC) Ex dividend date: 2/11/09 Yield: 3.6% P/E ratio: 13.3 PEG ratio: 1.01.
• Mine Safety Appliances (MSA) Ex dividend date: 2/11/09 Yield: 4.7% P/E ratio: 10.4 PEG ratio: 1.04.
• Qwest Communications International Inc. (Q) Ex dividend date: 2/11/09 Yield: 9.0% P/E ratio: 7.4 PEG ratio: 1.60.
• Shaw Communications Inc. (USA) (SJR) Ex dividend date: 2/11/09 Yield: 3.8% P/E ratio: 13.5 PEG ratio: 0.91.
• Spectra Energy Corp. (SE) Ex dividend date: 2/11/09 Yield: 6.8% P/E ratio: 7.5 PEG ratio: 0.83.
• PPG Industries, Inc. (PPG) Ex dividend date: 2/18/09 Yield: 5.2% P/E ratio: 12.5 PEG ratio: 1.66.
• Johnson & Johnson (JNJ) Ex dividend date: 2/20/09 Yield: 3.3% P/E ratio: 12.4 PEG ratio: 1.30.
• Dominion Resources, Inc. (D) Ex dividend date: 2/25/09 Yield: 4.5% P/E ratio: 11.3 PEG ratio: 1.30.

For more details on dividend definitions, check out definitions of dividend dates. If you like dividend stocks, you should check out the the High Yield Utility stocks and the Monthly Dividend Stocks at WallStreetNewsNetwork.com.

Disclosure: Author does not own any of the above at the time this article was written.

Comments

[Marvin Clark:]

Thanks for the list.

Jan 25 03:10 AM

[Richard Col...:]

Thanks for the list. I hope you show this list every month.

One just has to pick the companies from the list and the sector that he likes and understands best

Jan 25 11:05 AM

[skwestorange:]

Add PFE going Ex div on Feb 4?

Jan 25 12:09 PM

[ArtfulDodger:]

Thanks to all. This is a good list. Please, do it regularly.

Jan 25 01:00 PM

[george9:]

good grief. here is an easier method.

for stocks you are holding watch them rise into the x date. sell them the day before the date and also short an equal amount. the next day after the stock goes down to adjust for the dividend cover the short and , if you like the stock, go long too. i just did this with aod. you will in effect get twice the amount of the dividend. this does not adjust tax issues, it can obviously trigger cap gains and not losses as you will be out of the stock only overnite. cap gains are at this time not much of a problem.

you need to pick issues with hi dividends or this is a lot of work.
i;ve only done it once as it just occurred to me.

pimco global in dec would have been a candidate since it had large gains and an extra dividend that drove the value way down.
i did sell prior to the distributions and the fund did go down.

george 9 [e-mail]

Jan 25 03:43 PM

[zeronimo:]

FE intermediate trend is bullish. Volume is up compared to the typical daily volume over the past 6 months.

Price: 53.49 Profit: 7.9%
Stop Limit/Trailing Stop Limit: 48.06 Loss: 3%
Profit/Loss Ratio: 2.6 : 1 - Good

Jan 25 10:35 PM