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High yield investing is very interesting, especially in times of low interest rates. The royal class of high yield investing is to trade stocks with very high yields (double-digit yields). For a trader, it is still an attractive opportunity to buy short-term before the next ex-dividend date. If you own a stock before this date, you get the next dividend payment. In addition, the event should cause higher volatility. In the case of a double-digit annual yield, you should expect at least 2.5 percent cash.

I screened my database by stocks with a very high yield (more than 10%) as well as ex-dividend date within the upcoming week (April 23 - April 29). Exactly 5 stocks fulfilled these criteria. These are the detailed results:

1. Full Circle Capital (FULL) has a market capitalization of $46.46 million. The company generates revenues of $7.96 million and has a net income of $2.88 million. The firm's earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $4.33 million. Because of these figures, the EBITDA margin is 54.45% (operating margin 54.45% and the net profit margin finally 36.21%).

The total debt representing 3.85% of the company's assets and the total debt in relation to the equity amounts to 6.03%. Last fiscal year, a return on equity of 10.21% was realized. Twelve trailing months earnings per share reached a value of $0.51. Last fiscal year, the company paid $0.75 in the form of dividends to shareholders. The ex-dividend date is on April 26, 2012.

Here are the price ratios of the company: The P/E ratio is 14.60, Price/Sales 5.84 and Price/Book ratio 0.82. Dividend Yield: 12.37%. The beta ratio is not calculable.

2. 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. The firm's earnings before interest, taxes, depreciation and amortization amounts to $111.82 million. Because of these figures, the EBITDA margin is 65.98% (operating margin 55.60% and the net profit margin finally 69.77%).

The total debt representing 26.25% of the company's assets and the total debt in relation to the equity amounts to 36.50%. Last fiscal year, a return on equity of 12.95% was realized. Twelve trailing months earnings per share reached a value of $1.61. Last fiscal year, the company paid $1.21 in the form of dividends to shareholders. The ex-dividend date is on April 26, 2012.

Here are the price ratios of the company: The P/E ratio is 6.82, Price/Sales 7.92 and Price/Book ratio 1.06. Dividend Yield: 11.06%. The beta ratio is 0.81.

3. Rhino Resource Partners (RNO) has a market capitalization of $501.64 million. The company generates revenues of $367.22 million and has a net income of $38.07 million. The firm's earnings before interest, taxes, depreciation and amortization amounts to $75.74 million. Because of these figures, the EBITDA margin is 20.62% (operating margin 11.10% and the net profit margin finally 10.37%).

The total debt representing 26.56% of the company's assets and the total debt in relation to the equity amounts to 46.60%. Last fiscal year, a return on equity of 7.36% was realized. Twelve trailing months earnings per share reached a value of $0.76. Last fiscal year, the company paid $1.81 in the form of dividends to shareholders. The ex-dividend date is on April 27, 2012.

Here are the price ratios of the company: The P/E ratio is 23.89, Price/Sales 1.37 and Price/Book ratio 1.70. Dividend Yield: 10.61%. The beta ratio is not calculable.

4. Hugoton Royalty Trust (HGT) has a market capitalization of $499.60 million. The company generates revenues of $56.57 million and has a net income of $55.76 million. The firm's earnings before interest, taxes, depreciation and amortization amounts to $55.76 million. Because of these figures, the EBITDA margin is 98.58% (operating margin 98.58% and the net profit margin finally 98.58%).

The company has no long-term debt. Last fiscal year, a return on equity of 46.40% was realized. Twelve trailing months earnings per share reached a value of $1.39. Last fiscal year, the company paid $1.39 in the form of dividends to shareholders. The ex-dividend date is on April 26, 2012.

Here are the price ratios of the company: The P/E ratio is 8.96, Price/Sales 8.83 and Price/Book ratio 4.33. Dividend Yield: 10.21%. The beta ratio is 0.68.

5. Compressco Partners (GSJK) has a market capitalization of $230.44 million. The company generates revenues of $95.18 million and has a net income of $7.26 million. The firm's earnings before interest, taxes, depreciation and amortization amounts to $26.82 million. Because of these figures, the EBITDA margin is 28.17% (operating margin 9.63% and the net profit margin finally 7.62%).

The company has no long-term debt. Last fiscal year, a return on equity of 6.46% was realized. Twelve trailing months earnings per share reached a value of $0.44. Last fiscal year, the company paid $0.82 in the form of dividends to shareholders. The ex-dividend date is on April 27, 2012.

Here are the price ratios of the company: The P/E ratio is 33.43, Price/Sales 2.42 and Price/Book ratio 1.23. Dividend Yield: 10.44%. The beta ratio is not calculable.

Source: 5 Stocks With Yields Over 10% Going Ex-Dividend Next Week