Dividend stocks are wonderful because they increase my cash by regular payments. One major date in relation to the payment is the ex-dividend date. If you own a stock before this date, you get the next cash payment. This is very interesting because in the case of a high yield stock, I can earn at least one percent in cash for a short period of investing.
I screened stocks that have their ex-dividend date within the upcoming week. 191 common and preferred shares have their ex-dividend date between November 14 and November 20. Exactly 7 of them have a yield of more than 10 percent and 26 stocks yielding above 5 percent (high yield). Some of them have a high yield because the market believes that the dividend is not sustainable. Because of this small cap risk, I decided to select only those stocks with a market capitalization above $1 billion. These are the results sorted by dividend yield:
1. Och-Ziff Capital Managemnt (OZM) has a market capitalization of $3.56 billion. The company employs 405 people, generates revenues of $1.0 billion and has a net loss of $304.8 million. It follows twelve trailing month P/E ratio is not calculable, forward price to earnings ratio amounts to 6.5. Price/Sales ratio is 3.6 and Price/Book ratio 9.3. Dividend Yield: 11.3 percent. The ex-dividend date is on November 17, 2011.
2. KKR Financial Holdings (KFN) has a market capitalization of $1.5 billion. The company generates revenues of $547.0 million and has a net income of $317.7 million. It follows twelve trailing month P/E ratio is 4.7, forward price to earnings ratio amounts to 5.1. Price/Sales ratio is 2.8 and Price/Book ratio 0.9. Dividend Yield: 8.5 percent. The ex-dividend date is on November 15, 2011.
3. Pitney Bowes (PBI) has a market capitalization of $3.9 billion. The company generates revenues of $5.4 billion and has a net income of $374.9 million. It follows twelve trailing month P/E ratio is 10.6, forward price to earnings ratio amounts to 8.7. Price/Sales ratio is 0.7 and Price/Book ratio is not calculable due to a negative book value. Dividend Yield: 7.6 percent. The ex-dividend date is on November 16, 2011.
4. Southern Copper (SCCO) has a market capitalization of $27.5 billion. The company generates revenues of $6.2 billion and has a net income of $2.0 billion. It follows twelve trailing month P/E ratio is 13.8, forward price to earnings ratio amounts to 11.4. Price/Sales ratio is 4.5 and Price/Book ratio 6.9. Dividend Yield: 7.6 percent. The ex-dividend date is on November 14, 2011.
5. Healthcare Realty Trust (HR) has a market capitalization of $1.4 billion. The company generates revenues of $286.8 million and has a net loss of $6.5 million. It follows twelve trailing month P/E ratio is not calculable, forward price to earnings ratio amounts to 74.3. Price/Sales ratio is 4.8 and Price/Book ratio 1.4. Dividend Yield: 6.7 percent. The ex-dividend date is on November 15, 2011.
6. Duke Realty (DRE) has a market capitalization of $3.0 billion. The company generates revenues of $1.4 billion and has a net loss of $32.4 million. It follows twelve trailing month P/E ratio is not calculable, forward price to earnings ratio is also not calculable. Price/Sales ratio is 2.1 and Price/Book ratio 1.1. Dividend Yield: 5.8 percent. The ex-dividend date is on November 14, 2011.
7. Vodafone Group (VOD) has a market capitalization of $152.1 billion. The company generates revenues of $73.8 billion and has a net income of $12.8 billion. It follows twelve trailing month P/E ratio is 12.0, forward price to earnings ratio amounts to 10.4. Price/Sales ratio is 2.1 and Price/Book ratio 1.1. Dividend Yield: 5.0 percent. The ex-dividend date is on November 16, 2011.
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.
