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Dividend stocks are worth considering, as they increase cash with regular payments. A major date in relation to the payment is the ex-dividend date: if you own a stock before this date, you are eligible for the next payment. This is very interesting, because in the case of a high yield stock, an investor can earn at least 1% in cash for a short period of investing.

I screened stocks with ex-dividend dates within the upcoming week. As many as 85 common and preferred shares have their ex-dividend dates between February 20 and February 26, with 12 of them yielding over 5%. Sometimes, stocks have a high yield, because the market believes the dividend is not sustainable. Especially in the case of stocks with a low market capitalization, the possibility of a dividend cut is much higher than for stocks with a higher capitalization. In view of this, I decided to select only those stocks with a market capitalization of more than $300 million. These are the results sorted by dividend yield:

1. Knightsbridge Tankers (NASDAQ:VLCCF) has a market capitalization of $378.60 million. The company generates revenues of $95.90 million, and has a net income of $38.56 million. The firm's earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $62.73 million. Because of these figures, the EBITDA margin is 65.42% (operating margin 45.01%, and the net profit margin finally 40.21%).

The total debt represents 29.03% of the company's assets and the total debt in relation to the equity amounts to 41.86%. Last fiscal, a return on equity of 12.53% was realized. Twelve trailing months earnings per share reached a value of $1.27. Last fiscal year, the company paid $1.70 in the form of dividends to shareholders. The ex-dividend date is on February 21, 2012.

Here are the price ratios of the company: P/E ratio 12.23, Price/Sales 3.95 and Price/Book ratio 1.01. Dividend Yield: 12.90%. The beta ratio is 0.95.

2. Northstar Realty Finance (NYSE:NRF) has a market capitalization of $547.45 million. The company employs 91 people, generates revenues of $527.81 million, and has a net income of $-255.70 million. The firm's earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $341.90 million. Because of these figures, the EBITDA margin is 64.78% (operating margin -48.45%, and the net profit margin finally -48.45%).

The total debt represents 70.09% of the company's assets and the total debt in relation to the equity amounts to 348.34%. Last fiscal, a return on equity of -31.93% was realized. Twelve trailing months earnings per share reached a value of $-3.11. Last fiscal year, the company paid $0.46 in the form of dividends to shareholders. The ex-dividend date is on February 23, 2012.

Here are the price ratios of the company: P/E ratio is not calculable, Price/Sales 1.04 and Price/Book ratio 0.71. Dividend Yield: 9.47%. The beta ratio is 1.91.

3. Pengrowth Energy (NYSE:PGH) has a market capitalization of $3.33 billion. The company employs 582 people, generates revenues of $1,133 million, and has a net income of $231.25 million. The firm's earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $681.66 million. Because of these figures, the EBITDA margin is 60.16% (operating margin 16.44%, and the net profit margin finally 20.41%).

The total debt represents 20.75% of the company's assets and the total debt in relation to the equity amounts to 32.83%. Last fiscal, a return on equity of 11.32% was realized. Twelve trailing months earnings per share reached a value of $0.29. Last fiscal year, the company paid $0.77 in the form of dividends to shareholders. The ex-dividend date is on February 21, 2012.

Here are the price ratios of the company: P/E ratio 34.77, Price/Sales 3.21 and Price/Book ratio 1.03. Dividend Yield: 8.33%. The beta ratio is 1.36.

4. Nordic American Tanker (NYSE:NAT) has a market capitalization of $709.01 million. The company 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. Because of these figures, the EBITDA margin is 50.09% (operating margin 0.62%, and the net profit margin finally -0.64%).

The total debt represents 6.92% of the company's assets and the total debt in relation to the equity amounts to 7.55%. Last fiscal, a return on equity of -0.08% was realized. Twelve trailing months earnings per share reached a value of $-1.09. Last fiscal year, the company paid $1.70 in the form of dividends to shareholders. The ex-dividend date is on February 21, 2012.

Here are the price ratios of the company: P/E ratio is not calculable, Price/Sales 6.27 and Price/Book ratio 0.71. Dividend Yield: 8.01%. The beta ratio is 0.85.

5. Safe Bulkers (NYSE:SB) has a market capitalization of $542.36 million. The company employs 339 people, generates revenues of $168.91 million, and has a net income of $89.73 million. The firm's earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $132.57 million. Because of these figures, the EBITDA margin is 78.49% (operating margin 64.49%, and the net profit margin finally 53.13%).

The total debt represents 55.20% of the company's assets and the total debt in relation to the equity amounts to 145.94%. Last fiscal, a return on equity of 31.16% was realized. Twelve trailing months earnings per share reached a value of $1.30. Last fiscal year, the company paid $0.60 in the form of dividends to shareholders. The ex-dividend date is on February 22, 2012.

Here are the price ratios of the company: P/E ratio 5.89, Price/Sales 3.21 and Price/Book ratio 1.63. Dividend Yield: 7.84%. The beta ratio is 2.21.

6. Main Street Capital (NYSE:MAIN) has a market capitalization of $619.80 million. The company generates revenues of $36.51 million, and has a net income of $35.08 million. The firm's earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $28.32 million. Because of these figures, the EBITDA margin is 77.57% (operating margin 52.76%, and the net profit margin finally 96.09%).

The total debt represents 43.34% of the company's assets and the total debt in relation to the equity amounts to 79.24%. Last fiscal, a return on equity of 20.65% was realized. Twelve trailing months earnings per share reached a value of $2.52. Last fiscal year, the company paid $1.50 in the form of dividends to shareholders. The ex-dividend date is on February 22, 2012.

Here are the price ratios of the company: P/E ratio 9.24, Price/Sales 16.98 and Price/Book ratio 1.78. Dividend Yield: 6.97%. The beta ratio is 0.70.

7. Transocean (NYSE:RIG) has a market capitalization of $16.25 billion. The company employs 18,050 people, generates revenues of $9,576 million, and has a net income of $988 million. The firm's earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $3,422 million. Because of these figures, the EBITDA margin is 35.74% (operating margin 19.14%, and the net profit margin finally 10.32%).

The total debt represents 30.48% of the company's assets and the total debt in relation to the equity amounts to 52.48%. Last fiscal, a return on equity of 4.56% was realized. Twelve trailing months earnings per share reached a value of $-1.80. Last fiscal year, the company paid $2.37 in the form of dividends to shareholders. The ex-dividend date is on February 22, 2012.

Here are the price ratios of the company: P/E ratio is not calculable, Price/Sales 1.67 and Price/Book ratio 0.76. Dividend Yield: 6.22%. The beta ratio is 1.07.

8. Alumina Limited (AWC) has a market capitalization of $3.06 billion. The company employs 7,466 people, generates revenues of $0.20 million, and has a net income of $126.60 million. The firm's earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $-17.10 million.

The total debt represents 14.64% of the company's assets and the total debt in relation to the equity amounts to 17.19%. Last fiscal, a return on equity of 4.27% was realized. Twelve trailing months earnings per share reached a value of $0.21. Last fiscal year, the company paid $0.24 in the form of dividends to shareholders. The ex-dividend date is on February 23, 2012.

Here are the price ratios of the company: P/E ratio 24.14, Price/Sales 15,354.41 and Price/Book ratio 1.07. Dividend Yield: 5.59%. The beta ratio is 2.01.

9. Park National Corporation (NYSEMKT:PRK) has a market capitalization of $1.11 billion. The company employs 1,969 people, generates revenues of $331.88 million, and has a net income of $84.74 million. The firm's earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $155.08 million. Because of these figures, the EBITDA margin is 46.73% (operating margin 32.75%, and the net profit margin finally 23.02%).

The total debt represents 16.66% of the company's assets and the total debt in relation to the equity amounts to 155.98%. Last fiscal, a return on equity of 12.33% was realized. Twelve trailing months earnings per share reached a value of $5.13. Last fiscal year, the company paid $3.76 in the form of dividends to shareholders. The ex-dividend date is on February 22, 2012.

Here are the price ratios of the company: P/E ratio 14.10, Price/Sales 3.03 and Price/Book ratio 1.72. Dividend Yield: 5.20 percent. The beta ratio is 0.83.

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

Source: 9 High Yield Stocks Going Ex-Dividend This Week