Seeking Alpha
Profile| Send Message| ()  

Dividend stocks are more attractive to investors these days due to the decline in interest rates and with the recent reduction in the tax rate on most dividends. Also, investors like the dividend stocks for long-term investments as these dividend payments tend to protect the stock price from market volatility that affects non-dividend paying stocks. However, careful analysis of dividend stocks and choosing the right dividend stocks at right time is critical for the investors.

In this article, I will focus on small cap stocks with a high dividend yield and ex-dividend date within the next week (May 29 to June 1). These stocks are screened based on the following criteria:

  • Security Type: Common Stock
  • Market Cap: Between 250 million and 2 billion
  • Dividend Yield: Greater than or equal to 7.5%
  • Ex-Dividend Date: Between May 29, 2012 and June 1, 2012

1. CAPSTONE INFRASTRUCTURE CORP (OTCPK:MCQPF): Capstone Infrastructure Corporation, together with its subsidiaries, engages in building and managing a portfolio of infrastructure businesses in Canada and internationally. Capstone Infrastructure has a market cap of $287.29M. Capstone Infrastructure is currently trading around $3.93 with a 52 week range of $3.72 to $4.16. The dividend amount is 5.5 cents per share which is a 16.43% dividend yield. The Ex-Dividend date is May 29, 2012, Record date is May 31, 2012 and the dividend payout date is Jun 15, 2012. The stock has 4.52% price performance for the year 2012.

2. ELLINGTON FINANCIAL LLC (EFC): Ellington Financial LLC is a specialty finance company that specializes in acquiring and managing mortgage-related assets. Ellington Financial LLC has a market cap of $348.8M. Ellington Financial LLC is currently trading around $21.21 with a 52 week range of $15.76 to $23.20. The dividend amount is 70 cents per share which is a 13.2% dividend yield. The Ex-Dividend date is May 30, 2012, Record date is Jun 01, 2012 and the dividend payout date is Jun 15, 2012. The stock has 23.52% price performance for the year 2012.

3. NEW FLYER INDUSTRIES INC (OTC:NFYEF): New Flyer Industries, Inc. a Canadian Income Fund, operates as an unincorporated open-ended trust in Canada. The fund engages in the manufacture and sale of heavy duty transit buses in the United States and Canada. New Flyer Industries has a market cap of $307.15M. New Flyer Industries is currently trading around $6.76 with a 52 week range of $5.03 - $8.33. The dividend amount is 7.167 cents per share which is a 12.44% dividend yield. The Ex-Dividend date is May 29, 2012, Record date is May 31, 2012 and the dividend payout date is Jun 15, 2012. The stock has 19.7% price performance for the year 2012.

4. RADIOSHACK CORP (RSH): RadioShack Corporation engages in the retail sale of consumer electronic goods and services through its RadioShack store chain. RadioShack has a market cap of $452.4M. RadioShack is currently trading around $4.55 with a 52 week range of $4.49 - $16.25. The dividend amount is 12.5 cents per share which is a 10.99% dividend yield. The Ex-Dividend date is May 30, 2012, Record date is Jun 01, 2012 and the dividend payout date is Jun 22, 2012. The stock has -53.14% price performance for the year 2012.

5. FREEHOLD ROYALTIES LTD (OTCPK:FRHLF): Freehold Royalties Ltd. engages in the development and production of crude oil and natural gas in Canada. It is also involved in acquiring and managing oil and gas royalties. Freehold Royalty has a market cap of $1.13B. Freehold Royalty is currently trading around $17.35 with a 52 week range of $13.66 to $22.86. The dividend amount is 14 cents per share which is a 9.47% dividend yield. The Ex-Dividend date is May 29, 2012, Record date is May 31, 2012 and the dividend payout date is Jun 15, 2012. The stock has -9.39% price performance for the year 2012.

6. SUPERIOR PLUS CORP (OTC:SUUIF): Superior Plus Corp., through its subsidiary, Superior Plus LP, engages in the distribution and retail sale of propane, refined fuels, propane consuming equipment, and related services in Canada and the United States. Superior Plus Corp has a market cap of $774.53M. Superior Plus Corp is currently trading around $6.81 with a 52 week range of $5.14 to $12.21. The dividend amount is 5 cents per share which is a 8.62% dividend yield. The Ex-Dividend date is May 29, 2012, Record date is May 31, 2012 and the dividend payout date is Jun 15, 2012. The stock has 20.97% price performance for the year 2012.

7. ATLANTIC POWER CORP (AT): Atlantic Power Corporation operates as a power generation and infrastructure company with a portfolio of assets in the United States and Canada. Atlantic Power has a market cap of $1.555B. Atlantic Power is currently trading around $13.68 with a 52 week range of $12.52 to $16.34. The dividend amount is 9.583 cents per share which is a 8.22% dividend yield. The Ex-Dividend date is May 29, 2012, Record date is May 31, 2012 and the dividend payout date is Jun 29, 2012. The stock has -4.34% price performance for the year 2012.

8. PHX ENERGY SERVICES CORP (OTC:PHXHF): PHX Energy Services Corp., through its subsidiaries, provides horizontal and directional drilling services to oil and natural gas exploration and development companies in Canada, US, Albania, Peru, Russia, and Columbia. PHX Energy Services has a market cap of $256.68M. PHX Energy Services is currently trading around $8.96 with a 52 week range of $8.44 to $12.68. The dividend amount is 6 cents per share which is a 7.86% dividend yield. The Ex-Dividend date is May 29, 2012, Record date is May 31, 2012 and the dividend payout date is Jun 15, 2012. The stock has -13.58% price performance for the year 2012.

9. FIRST FINANCIAL BANCORP. (FFBC): First Financial Bancorp. operates as a bank holding company for First Financial Bank, National Association that provides commercial banking, and other banking and banking-related services. First Financial Bancorp has a market cap of $928.5M. First Financial Bancorp is currently trading around $15.87 with a 52 week range of $12.84 to $18.39. The dividend amount is 29 cents per share which is a 7.31% dividend yield. The Ex-Dividend date is May 30, 2012, Record date is Jun 01, 2012 and the dividend payout date is Jul 02, 2012. The stock has -4.63% price performance for the year 2012.

10. SUPERVALU INC. (SVU): SUPERVALU INC., together with its subsidiaries, operates retail and wholesale food stores in the United States. SUPERVALU has a market cap of $987.0M. SUPERVALU is currently trading around $4.65 with a 52 week range of $5.07 to $11.77. The dividend amount is per share which is a 7.53% dividend yield. The Ex-Dividend date is May 30, 2012, Record date is Jun 01, 2012 and the dividend payout date is Jun 15, 2012. The stock has a -42.73% price performance for the year 2012.

Sources: Some of the data is sourced from Google Finance, Yahoo Finance and Fidelity.

Disclaimer: I am not a registered investment advisor and do not provide specific investment advice. The information contained herein is for informational purposes only. Nothing in this article should be taken as a solicitation to purchase or sell securities. Before buying or selling any stock you should do your own research and reach your own conclusion. It is up to the investors to make the correct decision after necessary research.

Source: Small-Cap Stocks With Yields Over 7.5% About To Go Ex-Dividend