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Dividend stocks are wonderful because they increase my cash with 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 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 with ex-dividend dates within the upcoming week. 109 common and preferred shares have their ex-dividend date between November 21 and November 27. Exactly 4 of them have a yield above 10 percent and 18 stocks yielding above 5 percent. Many of them have a high yield because the market believes that the dividend is not sustainable. Because of this, I decided to select only those stocks with a market capitalization above $300 million. These are the results sorted by dividend yield:

1. Alto Palermo (NASDAQ:APSA) has a market capitalization of $40.02 million. The company employs 1,558 people, generates revenues of $184.55 million and has a net income of $29.15 million. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $103.81 million.

The total debt representing 35.52 percent of the company’s assets and the total debt in relation to the equity amounts to 106.45 percent. Due to the financial situation, the return on equity amounts to 27.77 percent. Here are the price ratios of the company: The P/E ratio is 13.25, Price/Sales 2.26 and Price/Book ratio 1.26. Dividend Yield: 15.14 percent. The beta ratio is 1.17. Ex-Div. Date is on Nov 22, 2011.

2. Safe Bulkers (NYSE:SB) has a market capitalization of $480.65 million. The company employs 339 people, generates revenues of $157.02 million and has a net income of $109.65 million. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $141.60 million.

The total debt representing 61.43 percent of the company’s assets and the total debt in relation to the equity amounts to 202.65 percent. Due to the financial situation, the return on equity amounts to 64.24 percent. Here are the price ratios of the company: The P/E ratio is 4.71, Price/Sales 3.07 and Price/Book ratio 1.83. Dividend Yield: 8.84 percent. The beta ratio is 2.18. Ex-Div. Date is on Nov 21, 2011.

3. Nordic American Tanker (NYSE:NAT) has a market capitalization of $677.79 million. The company employs 2 people, generates revenues of $126.42 million and has a net income of $-0.81 million. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $63.32 million.

The total debt representing 6.92 percent of the company’s assets and the total debt in relation to the equity amounts to 7.55 percent. Due to the financial situation, the return on equity amounts to -0.08 percent. Here are the price ratios of the company: The P/E ratio is not calculable, Price/Sales 5.26 and Price/Book ratio 0.67. Dividend Yield: 8.46 percent. The beta ratio is 0.82. Ex-Div. Date is on Nov 21, 2011.

4. Sun Life Financial (NYSE:SLF) has a market capitalization of $11.38 billion. The company employs 14,755 people, generates revenues of $23,945.58 million and has a net income of $1,659.86 million. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $3,606.41 million.

The total debt representing 4.35 percent of the company’s assets and the total debt in relation to the equity amounts to 49.71 percent. Due to the financial situation, the return on equity amounts to 8.71 percent. Here are the price ratios of the company: The P/E ratio is 16.51, Price/Sales 0.48 and Price/Book ratio 0.72. Dividend Yield: 7.15 percent. The beta ratio is 1.61. Ex-Div. Date is on Nov 21, 2011.

5. Park National Corporation (NYSEMKT:PRK) has a market capitalization of $929.02 million. The company employs 1,969 people, generates revenues of $345.52 million and has a net income of $74.22 million. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $129.04 million.

The total debt representing 8.99 percent of the company’s assets and the total debt in relation to the equity amounts to 88.00 percent. Due to the financial situation, the return on equity amounts to 10.78 percent. Here are the price ratios of the company: The P/E ratio is 13.89, Price/Sales 2.58 and Price/Book ratio 1.40. Dividend Yield: 6.39 percent. The beta ratio is 0.81. Ex-Div. Date is on Nov 21, 2011.

6. Transocean (NYSE:RIG) has a market capitalization of $15.18 billion. The company employs 18,050 people, generates revenues of $9,576.00 million and has a net income of $988.00 million. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $3,422.00 million.

The total debt representing 30.48 percent of the company’s assets and the total debt in relation to the equity amounts to 52.48 percent. Due to the financial situation, the return on equity amounts to 4.56 percent. Here are the price ratios of the company: The P/E ratio is not calculable, Price/Sales 1.65 and Price/Book ratio 0.74. Dividend Yield: 6.38 percent. The beta ratio is 1.02. Ex-Div. Date is on Nov 22, 2011.

7. MI Developments (MIM) has a market capitalization of $1.48 billion. The company employs 49 people, generates revenues of $358.36 million and has a net income of $-52.01 million. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $77.09 million.

The total debt representing 14.38 percent of the company’s assets and the total debt in relation to the equity amounts to 18.74 percent. Due to the financial situation, the return on equity amounts to -3.38 percent. Here are the price ratios of the company: The P/E ratio is not calculable, Price/Sales 4.16 and Price/Book ratio 1.00. Dividend Yield: 6.29 percent. The beta ratio is 2.01. Ex-Div. Date is on Nov 22, 2011.

8. Provident Energy (PVX) has a market capitalization of $2.51 billion. The company employs 200 people, generates revenues of $1,576.05 million and has a net income of $100.58 million. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $132.61 million.

The total debt representing 35.64 percent of the company’s assets and the total debt in relation to the equity amounts to 88.74 percent. Due to the financial situation, the return on equity amounts to 53.24 percent. Here are the price ratios of the company: The P/E ratio is 26.90, Price/Sales 1.61 and Price/Book ratio 4.59. Dividend Yield: 5.66 percent. The beta ratio is 1.34. Ex-Div. Date is on Nov 21, 2011.

Source: 8 Mid-Cap High Yield Stocks Going Ex-Dividend November 21-27