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 date within the upcoming week. 227 common and preferred shares have their ex-dividend date between February 27 and March 04. Exactly 31 of them have a dividend yield over 5%. 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 $300 million. These are the results sorted by dividend yield:
1. Prospect Capital (PSEC) has a market capitalization of $1.21 billion. The company generates revenues of $169.48 million and has a net income of $118.24 million.
Twelve trailing months earnings per share reached a value of $1.61. Last fiscal year, the company paid $1.21 in form of dividends to shareholders. The ex-dividend date is on February 27, 2012.
Here are the price ratios of the company: The P/E ratio is 6.81, Price/Sales 7.12 and Price/Book ratio 1.06. Dividend Yield: 11.08%. The beta ratio is 0.81.
2. Hugoton Royalty Trust (HGT) has a market capitalization of $612.00 million. The company generates revenues of $62.88 million and has a net income of $62.03 million.
Twelve trailing months earnings per share reached a value of $1.37. Last fiscal year, the company paid $1.55 in form of dividends to shareholders. The ex-dividend date is on February 27, 2012.
Here are the price ratios of the company: The P/E ratio is 11.15, Price/Sales 9.73 and Price/Book ratio 4.90. Dividend Yield: 8.83%. The beta ratio is 0.69.
3. Ellington Financial (EFC) has a market capitalization of $321.06 million. The company generates revenues of $63.54 million and has a net income of $10.33 million.
Twelve trailing months earnings per share reached a value of $0.61. Last fiscal year, the company paid $1.60 in form of dividends to shareholders. The ex-dividend date is on February 28, 2012.
Here are the price ratios of the company: The P/E ratio is 32.09, Price/Sales 5.05 and Price/Book ratio 0.87. Dividend Yield: 8.20%. The beta ratio is not calculable.
4. San Juan Basin Royalty Trust (SJT) has a market capitalization of $883.24 million. The company generates revenues of $80.28 million and has a net income of $78.36 million.
Twelve trailing months earnings per share reached a value of $1.39. Last fiscal year, the company paid $1.68 in form of dividends to shareholders. The ex-dividend date is on February 27, 2012.
Here are the price ratios of the company: The P/E ratio is 13.68, Price/Sales 11.00 and Price/Book ratio 59.90. Dividend Yield: 7.63%. The beta ratio is 0.60.
5. First Financial Bancorp (FFBC) has a market capitalization of $979.47 million. The company generates revenues of $308.82 million and has a net income of $66.74 million.
Twelve trailing months earnings per share reached a value of $1.14. Last fiscal year, the company paid $0.78 in form of dividends to shareholders. The ex-dividend date is on February 29, 2012.
Here are the price ratios of the company: The P/E ratio is 14.78, Price/Sales 2.41 and Price/Book ratio 1.38. Dividend Yield: 7.38%. The beta ratio is 0.95.
6. CenturyLink (CTL) has a market capitalization of $24.65 billion. The company generates revenues of $15,351.00 million and has a net income of $573.00 million.
Twelve trailing months earnings per share reached a value of $1.22. Last fiscal year, the company paid $2.90 in form of dividends to shareholders. The ex-dividend date is on March 02, 2012.
Here are the price ratios of the company: The P/E ratio is 32.79, Price/Sales 1.61 and Price/Book ratio 1.18. Dividend Yield: 7.26%. The beta ratio is 0.73.
7. Old Republic (ORI) has a market capitalization of $2.73 billion. The company generates revenues of $4,645.50 million and has a net income of $-140.60 million.
Twelve trailing months earnings per share reached a value of $-0.55. Last fiscal year, the company paid $0.70 in form of dividends to shareholders. The ex-dividend date is on March 01, 2012.
Here are the price ratios of the company: The P/E ratio is not calculable, Price/Sales 0.60 and Price/Book ratio 0.72. Dividend Yield: 6.55%. The beta ratio is 0.87.
8. Inland Real Estate (IRC) has a market capitalization of $794.70 million. The company generates revenues of $167.23 million and has a net income of $-0.87 million.
Twelve trailing months earnings per share reached a value of $-0.11. Last fiscal year, the company paid $0.57 in form of dividends to shareholders. The ex-dividend date is on February 27, 2012.
Here are the price ratios of the company: The P/E ratio is not calculable, Price/Sales 4.75 and Price/Book ratio 2.33. Dividend Yield: 6.38%. The beta ratio is 0.98.
9. Permian Basin Royalty Trust (PBT) has a market capitalization of $1.05 billion. The company generates revenues of $65.27 million and has a net income of $64.12 million.
Twelve trailing months earnings per share reached a value of $1.36. Last fiscal year, the company paid $1.38 in form of dividends to shareholders. The ex-dividend date is on February 27, 2012.
Here are the price ratios of the company: The P/E ratio is 16.60, Price/Sales 16.08 and Price/Book ratio is not calculable. Dividend Yield: 6.36%. The beta ratio is 0.56.
10. Regal Entertainment Group (RGC) has a market capitalization of $2.11 billion. The company generates revenues of $2,681.70 million and has a net income of $40.10 million.
Twelve trailing months earnings per share reached a value of $0.26. Last fiscal year, the company paid $0.84 in form of dividends to shareholders. The ex-dividend date is on March 01, 2012.
Here are the price ratios of the company: The P/E ratio is 52.43, Price/Sales 0.79 and Price/Book ratio is not calculable. Dividend Yield: 6.16%. The beta ratio is 0.98.
11. Cedar Fair (FUN) has a market capitalization of $1.59 billion. The company generates revenues of $1,028.47 million and has a net income of $72.16 million.
Twelve trailing months earnings per share reached a value of $1.28. Last fiscal year, the company paid $1.00 in form of dividends to shareholders. The ex-dividend date is on March 01, 2012.
Here are the price ratios of the company: The P/E ratio is 22.44, Price/Sales 1.54 and Price/Book ratio 8.04. Dividend Yield: 5.57%. The beta ratio is 1.16.
12. TransAlta (TAC) has a market capitalization of $4.70 billion. The company generates revenues of $2,820.13 million and has a net income of $219.09 million.
Twelve trailing months earnings per share reached a value of $1.40. Last fiscal year, the company paid $1.16 in form of dividends to shareholders. The ex-dividend date is on February 28, 2012.
Here are the price ratios of the company: The P/E ratio is 14.97, Price/Sales 1.68 and Price/Book ratio 1.61. Dividend Yield: 5.50%. The beta ratio is 0.94.
13. SUPERVALU (SVU) has a market capitalization of $1.41 billion. The company generates revenues of $37,534.00 million and has a net income of $-1,510.00 million.
Twelve trailing months earnings per share reached a value of $-2.46. Last fiscal year, the company paid $0.35 in form of dividends to shareholders. The ex-dividend date is on February 28, 2012.
Here are the price ratios of the company: The P/E ratio is not calculable, Price/Sales 0.04 and Price/Book ratio 1.05. Dividend Yield: 5.26%. The beta ratio is 1.19.
14. Atlantic Power (AT) has a market capitalization of $1.67 billion. The company generates revenues of $8.62 billion and has a net income of $944.00 million.
Twelve trailing months earnings per share reached a value of $-0.11. Last fiscal year, the company paid $0.37 in form of dividends to shareholders. The ex-dividend date is on February 27, 2012.
Here are the price ratios of the company: The P/E ratio is not calculable, Price/Sales 0.59 and Price/Book ratio 2.64. Dividend Yield: 7.81%. The beta ratio is not calculable.
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.
