8 Stocks With Yields Over 10% Going Ex-Dividend This Week

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 |  Includes: BGCP, DCIX, DHT, ECT, PGH, PMT, TEF, TNP
by: Dividend Screen

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 the case of a double-digit annual yield, you should expect at least 2.5 percent cash.

I screened my database for stocks with a very high yield (more than 10%) as well as ex-dividend date within the upcoming week (May 14 - May 21). Exactly 5 stocks fulfilled these criteria. These are the detailed results:

1. Telefonica S.A. (NYSE:TEF) has a market capitalization of $21.59 billion. The company generates revenues of $81,279.27 million and has a net income of $8,002.85 million. The firm's earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $26,141.51 million. Because of these figures, the EBITDA margin is 32.16% (operating margin 16.02% and the net profit margin finally 9.85%).

Twelve trailing months earnings per share reached a value of $4.65. Last fiscal year, the company paid $6.21 in form of dividends to shareholders. The ex-dividend date is on May 15, 2012.

Here are the price ratios of the company: The P/E ratio is 3.05, Price/Sales 0.82 and Price/Book ratio 0.79. Dividend Yield: 14.50%.

2. Diana Containerships (NASDAQ:DCIX) has a market capitalization of $179.07 million. The company generates revenues of $26.99 million and has a net income of $3.63 million. The firm's earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $11.04 million. Because of these figures, the EBITDA margin is 40.88% (operating margin 18.82% and the net profit margin finally 13.45%).

Twelve trailing months earnings per share reached a value of $0.15. Last fiscal year, the company paid $0.18 in form of dividends to shareholders. The ex-dividend date is on May 15, 2012.

Here are the price ratios of the company: The P/E ratio is 51.04, Price/Sales 6.48 and Price/Book ratio 0.85. Dividend Yield: 13.19%.

3. Eca Marcellus Trust I (NYSE:ECT) has a market capitalization of $349.11 million. The company generates revenues of $43.53 million and has a net income of $41.89 million. The firm's earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $41.89 million. Because of these figures, the EBITDA margin is 96.24% (operating margin 96.24% and the net profit margin finally 96.24%).

Twelve trailing months earnings per share reached a value of $2.38. Last fiscal year, the company paid no dividends to shareholders. The ex-dividend date is on May 17, 2012.

Here are the price ratios of the company: The P/E ratio is 8.33, Price/Sales 8.16 and Price/Book ratio 1.16. Dividend Yield: 12.04%.

4. PennyMac Mortgage Investment Trust (NYSE:PMT) has a market capitalization of $602.23 million. The company generates revenues of $128.61 million and has a net income of $64.44 million. The firm's earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $89.44 million. Because of these figures, the EBITDA margin is 69.54% (operating margin 56.37% and the net profit margin finally 50.10%).

Twelve trailing months earnings per share reached a value of $2.72. Last fiscal year, the company paid $1.42 in form of dividends to shareholders. The ex-dividend date is on May 14, 2012.

Here are the price ratios of the company: The P/E ratio is 7.12, Price/Sales 6.19 and Price/Book ratio 1.01. Dividend Yield: 11.37%.

5. DHT Holdings (NYSE:DHT) has a market capitalization of $45.32 million. The company generates revenues of $100.12 million and has a net income of $-40.27 million. The firm's earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $-3.28 million. Because of these figures, the EBITDA margin is -3.27% (operating margin -33.51% and the net profit margin finally -40.22%).

Twelve trailing months earnings per share reached a value of $-0.62. Last fiscal year, the company paid $0.33 in form of dividends to shareholders. The ex-dividend date is on May 14, 2012.

Here are the price ratios of the company: The P/E ratio is not calculable, Price/Sales 0.47 and Price/Book ratio 0.23. Dividend Yield: 10.96%.

6. Tsakos Energy Navigation (NYSE:TNP) has a market capitalization of $262.62 million. The company generates revenues of $395.16 million and has a net income of $-88.95 million. The firm's earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $63.81 million. Because of these figures, the EBITDA margin is 16.15% (operating margin -9.54% and the net profit margin finally -22.51%).

Twelve trailing months earnings per share reached a value of $-1.94. Last fiscal year, the company paid $0.60 in form of dividends to shareholders. The ex-dividend date is on May 17, 2012.

Here are the price ratios of the company: The P/E ratio is not calculable, Price/Sales 0.83 and Price/Book ratio is also not calculable. Dividend Yield: 10.27%.

7. BGC Partners (NASDAQ:BGCP) has a market capitalization of $931.21 million. The company generates revenues of $1,464.68 million and has a net income of $38.36 million. The firm's earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $116.76 million. Because of these figures, the EBITDA margin is 7.97% (operating margin 3.71% and the net profit margin finally 2.62%).

Twelve trailing months earnings per share reached a value of $0.11. Last fiscal year, the company paid $0.65 in form of dividends to shareholders. The ex-dividend date is on May 15, 2012.

Here are the price ratios of the company: The P/E ratio is 59.11, Price/Sales 0.64 and Price/Book ratio 2.20. Dividend Yield: 10.12%.

8. Pengrowth Energy (NYSE:PGH) has a market capitalization of $3.03 billion. The company generates revenues of $1,135.84 million and has a net income of $84.53 million. The firm's earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $652.79 million. Because of these figures, the EBITDA margin is 57.47% (operating margin 16.51% and the net profit margin finally 7.44%).

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 May 16, 2012.

Here are the price ratios of the company: The P/E ratio is 32.38, Price/Sales 2.70 and Price/Book ratio 0.91. Dividend Yield: 10.05%.

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