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 30 - May 06). Exactly 5 stocks fulfilled these criteria. These are the detailed results:
1. Oxford Resource Partners (OXF) has a market capitalization of $188.69 million. The company generates revenues of $400.38 million and has a net income of $-8.33 million. The firm's earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $53.43 million. Because of these figures, the EBITDA margin is 13.35% (operating margin 0.38% and the net profit margin finally -2.08%).
The total debt representing 55.02% of the company's assets and the total debt in relation to the equity amounts to 256.12%. Last fiscal year, a return on equity of -15.74% was realized. Twelve trailing months earnings per share reached a value of $-0.62. Last fiscal year, the company paid $1.75 in the form of dividends to shareholders. The ex-dividend date is on May 04, 2012.
Here are the price ratios of the company: The P/E ratio is not calculable, Price/Sales 0.48 and Price/Book ratio 3.31. Dividend Yield: 19.13%. The beta ratio is not calculable.
2. Cellcom Israel (CEL) has a market capitalization of $1.23 billion. The company generates revenues of $1,735.58 million and has a net income of $220.08 million. The firm's earnings before interest, taxes, depreciation and amortization amounts to $576.22 million. Because of these figures, the EBITDA margin is 33.20% (operating margin 21.86% and the net profit margin finally 12.68%).
The total debt representing 71.81% of the company's assets and the total debt in relation to the equity amounts to 3,357.92%. Last fiscal year, a return on equity of 314.50% was realized. Twelve trailing months earnings per share reached a value of $2.22. Last fiscal year, the company paid $2.10 in the form of dividends to shareholders. The ex-dividend date is on April 30, 2012.
Here are the price ratios of the company: The P/E ratio is 5.59, Price/Sales 0.70 and Price/Book ratio 25.06. Dividend Yield: 17.70%. The beta ratio is 0.62.
3. Inergy (NRGY) has a market capitalization of $2.51 billion. The company generates revenues of $2,153.80 million and has a net income of $-10.60 million. The firm's earnings before interest, taxes, depreciation and amortization amounts to $294.20 million. Because of these figures, the EBITDA margin is 13.66% (operating margin 4.75% and the net profit margin finally -0.49%).
The total debt representing 55.46% of the company's assets and the total debt in relation to the equity amounts to 161.69%. Last fiscal year, a return on equity of 2.94% was realized. Twelve trailing months earnings per share reached a value of $-0.47. Last fiscal year, the company paid $2.82 in the form of dividends to shareholders. The ex-dividend date is on May 04, 2012.
Here are the price ratios of the company: The P/E ratio is not calculable, Price/Sales 1.19 and Price/Book ratio 2.24. Dividend Yield: 7.69%. The beta ratio is 0.52.
4. Niska Gas Storage Partners (NKA) has a market capitalization of $839.37 million. The company generates revenues of $230.08 million and has a net income of $57.46 million. The firm's earnings before interest, taxes, depreciation and amortization amounts to $150.78 million. Because of these figures, the EBITDA margin is 65.54% (operating margin 11.91% and the net profit margin finally 24.97%).
The total debt representing 38.81% of the company's assets and the total debt in relation to the equity amounts to 87.24%. Last fiscal year, a return on equity of 11.53% was realized. Twelve trailing months earnings per share reached a value of $-1.78. Last fiscal year, the company paid $0.87 in the form of dividends to shareholders. The ex-dividend date is on May 02, 2012.
Here are the price ratios of the company: The P/E ratio is not calculable, Price/Sales 3.59 and Price/Book ratio 0.89. Dividend Yield: 11.57%. The beta ratio is not calculable.
5. Capital Product Partners (CPLP) has a market capitalization of $610.19 million. The company generates revenues of $130.32 million and has a net income of $87.12 million. The firm's earnings before interest, taxes, depreciation and amortization amounts to $154.96 million. Because of these figures, the EBITDA margin is 118.91% (operating margin 90.36% and the net profit margin finally 66.85%).
The total debt representing 52.96% of the company's assets and the total debt in relation to the equity amounts to 122.47%. Last fiscal year, a return on equity of 23.06% was realized. Twelve trailing months earnings per share reached a value of $3.25. Last fiscal year, the company paid $0.93 in form of dividends to shareholders. The ex-dividend date is on May 04, 2012.
Here are the price ratios of the company: The P/E ratio is 2.65, Price/Sales 4.69 and Price/Book ratio 1.21. Dividend Yield: 10.76%. The beta ratio is 1.01.
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.
