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 1% in cash for a short period of investing.
I screened stocks with ex-dividend dates within the upcoming week. Two hundred and one common and preferred shares have their ex-dividend date between February 13 and February 19. Exactly seven of them yielding above 10% and 27 have a yield of more than 5% but less than 10%. Many of them have a high yield because the market believes that the dividend is not sustainable. Especially in the case of low capitalized stocks, the possibility of a dividend cut is much higher as for stocks with a higher capitalization. Because of this, I decided to select only those stocks with a market capitalization above $2 billion. These are the results, sorted by dividend yield:
1. Pitney Bowes (PBI) has a market capitalization of $3.69 billion. The company employs 30,700 people, generates revenues of $5,277.97 million and has a net income of $369.70 million. The firm's earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $523.85 million. Because of these figures, the EBITDA margin is 9.93% (operating margin 7.85% and the net profit margin finally 7.00%).
Twelve trailing months earnings per share reached a value of $1.74. Last fiscal year, the company paid $1.48 in the form of dividends to shareholders. The ex-dividend date is on February 15, 2012.
Here are the price ratios of the company: The P/E ratio is 10.66, Price/Sales 0.70 and Price/Book ratio is not calculable. Dividend Yield: 8.11%. The beta ratio is 1.02.
2. Boardwalk Pipeline Partners (BWP) has a market capitalization of $5.38 billion. The company employs 1,100 people, generates revenues of $1,138.80 million and has a net income of $220.00 million. The firm's earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $604.70 million. Because of these figures, the EBITDA margin is 53.10% (operating margin 33.32% and the net profit margin finally 19.32%).
Twelve trailing months earnings per share reached a value of $0.97. Last fiscal year, the company paid $2.10 in the form of dividends to shareholders. The ex-dividend date is on February 14, 2012.
Here are the price ratios of the company: The P/E ratio is 27.84, Price/Sales 4.94 and Price/Book ratio 1.66. Dividend Yield: 7.82%. The beta ratio is 0.20.
3. CorpBanca (BCA) has a market capitalization of $3.48 billion. The company employs 3,422 people, generates revenues of $1,044.54 million and has a net income of $253.91 million. The firm's earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $332.65 million. Because of these figures, the EBITDA margin is 31.85% (operating margin 43.41% and the net profit margin finally 37.18%).
Twelve trailing months earnings per share reached a value of $1.50. Last fiscal year, the company paid $1.69 in the form of dividends to shareholders. The ex-dividend date is on February 17, 2012.
Here are the price ratios of the company: The P/E ratio is 15.33, Price/Sales 6.14 and Price/Book ratio 3.03. Dividend Yield: 7.20%. The beta ratio is 0.85.
4. Terra Nitrogen (TNH) has a market capitalization of $3.89 billion. The company generates revenues of $564.60 million and has a net income of $201.60 million. The firm's earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $219.00 million. Because of these figures, the EBITDA margin is 38.79% (operating margin 35.76% and the net profit margin finally 35.71%).
Twelve trailing months earnings per share reached a value of $14.08. Last fiscal year, the company paid $5.01 in the form of dividends to shareholders. The ex-dividend date is on February 16, 2012.
Here are the price ratios of the company: The P/E ratio is 14.79, Price/Sales 6.82 and Price/Book ratio 18.61. Dividend Yield: 6.68%. The beta ratio is 0.74.
5. Buckeye Partners (BPL) has a market capitalization of $5.94 billion. The company employs 859 people, generates revenues of $4,759.61 million and has a net income of $108.50 million. The firm's earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $308.41 million. Because of these figures, the EBITDA margin is 6.48% (operating margin 3.97% and the net profit margin finally 2.28%).
Twelve trailing months earnings per share reached a value of $1.25. Last fiscal year, the company paid $4.02 in the form of dividends to shareholders. The ex-dividend date is on February 16, 2012.
Here are the price ratios of the company: The P/E ratio is 51.02, Price/Sales 1.25 and Price/Book ratio 2.53. Dividend Yield: 6.51%. The beta ratio is 0.26.
6. Southern Copper (SCCO) has a market capitalization of $28.33 billion. The company employs 11,126 people, generates revenues of $5,149.50 million and has a net income of $1,562.71 million. The firm's earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $2,885.90 million. Because of these figures, the EBITDA margin is 56.04% (operating margin 50.57% and the net profit margin finally 30.35%).
Twelve trailing months earnings per share reached a value of $2.70. Last fiscal year, the company paid $1.68 in the form of dividends to shareholders. The ex-dividend date is on February 13, 2012.
Here are the price ratios of the company: The P/E ratio is 12.46, Price/Sales 5.50 and Price/Book ratio 7.36. Dividend Yield: 6.14%. The beta ratio is 1.62.
7. AstraZeneca (AZN) has a market capitalization of $60.50 billion. The company employs 61,100 people, generates revenues of $33,591.00 million and has a net income of $10,016.00 million. The firm's earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $15,345.00 million. Because of these figures, the EBITDA margin is 45.68% (operating margin 38.09% and the net profit margin finally 29.82%).
Twelve trailing months earnings per share reached a value of $7.29. Last fiscal year, the company paid $2.80 in the form of dividends to shareholders. The ex-dividend date is on February 15, 2012.
Here are the price ratios of the company: The P/E ratio is 6.47, Price/Sales 1.80 and Price/Book ratio 2.62. Dividend Yield: 5.94%. The beta ratio is 0.61.
8. Exelon Corporation (EXC) has a market capitalization of $26.44 billion. The company employs 19,267 people, generates revenues of $18,924.00 million and has a net income of $2,495.00 million. The firm's earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $5,815.00 million. Because of these figures, the EBITDA margin is 30.73% (operating margin 23.67% and the net profit margin finally 13.18%).
Twelve trailing months earnings per share reached a value of $3.75. Last fiscal year, the company paid $2.10 in the form of dividends to shareholders. The ex-dividend date is on February 13, 2012.
Here are the price ratios of the company: The P/E ratio is 10.62, Price/Sales 1.40 and Price/Book ratio 1.84. Dividend Yield: 5.27%. The beta ratio is 0.57.
9. Highwoods Properties (HIW) has a market capitalization of $2.38 billion. The company employs 415 people, generates revenues of $482.85 million and has a net income of $44.50 million. The firm's earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $268.97 million. Because of these figures, the EBITDA margin is 55.70% (operating margin 9.22% and the net profit margin finally 9.22%).
Twelve trailing months earnings per share reached a value of $0.49. Last fiscal year, the company paid $1.70 in the form of dividends to shareholders. The ex-dividend date is on February 15, 2012.
Here are the price ratios of the company: The P/E ratio is 67.04, Price/Sales 4.94 and Price/Book ratio 2.50. Dividend Yield: 5.18%. The beta ratio is 1.33.
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.
