6 Stocks With Yields Over 10% Going Ex-Dividend Next Week

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Includes: EFC, GECC, HGT, MTR, PSEC, RSH
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% 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 (May 28 - June 03). Exactly 6 stocks fulfilled these criteria. These are the detailed results:

1. Hugoton Royalty Trust (NYSE:HGT) has a market capitalization of $273.60 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 (EBITDA) 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 $1.32. Last fiscal year, the company paid $1.39 in form of dividends to shareholders. The ex-dividend date is on May 29, 2012.

Here are the price ratios of the company: The P/E ratio is 5.20, Price/Sales 4.94 and Price/Book ratio 2.42. Dividend Yield: 17.21%. The beta ratio is 0.80.

2. Ellington Financial (NYSE:EFC) has a market capitalization of $352.14 million. The company generates revenues of $63.54 million and has a net income of $10.33 million. The firm's earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $51.34 million. Because of these figures, the EBITDA margin is 80.80% (operating margin 70.34% and the net profit margin finally 16.25%).

The total debt representing 1.37% of the company's assets and the total debt in relation to the equity amounts to 7.29%. Last fiscal year, a return on equity of 2.67% was realized. Twelve trailing months earnings per share reached a value of $1.85. Last fiscal year, the company paid $1.60 in form of dividends to shareholders. The ex-dividend date is on May 30, 2012.

Here are the price ratios of the company: The P/E ratio is 11.55, Price/Sales 5.51 and Price/Book ratio 0.94. Dividend Yield: 13.15%. The beta ratio is not calculable.

3. Full Circle Capital (FULL) has a market capitalization of $46.65 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 $0.67. Last fiscal year, the company paid $0.75 in form of dividends to shareholders. The ex-dividend date is on May 29, 2012.

Here are the price ratios of the company: The P/E ratio is 11.26, Price/Sales 5.85 and Price/Book ratio 0.82. Dividend Yield: 12.34%. The beta ratio is not calculable.

4. Prospect Capital (NASDAQ:PSEC) has a market capitalization of $1.33 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 (EBITDA) 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 $1.67. Last fiscal year, the company paid $1.21 in form of dividends to shareholders. The ex-dividend date is on May 29, 2012.

Here are the price ratios of the company: The P/E ratio is 6.52, Price/Sales 7.86 and Price/Book ratio 1.05. Dividend Yield: 11.16%. The beta ratio is 0.80.

5. RadioShack (NYSE:RSH) has a market capitalization of $494.15 million. The company generates revenues of $4,378.00 million and has a net income of $67.10 million. The firm's earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $237.80 million. Because of these figures, the EBITDA margin is 5.43% (operating margin 3.54% and the net profit margin finally 1.53%).

The total debt representing 30.83% of the company's assets and the total debt in relation to the equity amounts to 89.02%. Last fiscal year, a return on equity of 8.41% was realized. Twelve trailing months earnings per share reached a value of $0.27. Last fiscal year, the company paid $0.50 in form of dividends to shareholders. The ex-dividend date is on May 30, 2012.

Here are the price ratios of the company: The P/E ratio is 18.68, Price/Sales 0.11 and Price/Book ratio 0.64. Dividend Yield: 10.35%. The beta ratio is 1.44.

6. Mesa Royalty Trust (NYSE:MTR) has a market capitalization of $54.86 million. The company generates revenues of $6.66 million and has a net income of $6.51 million. The firm's earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $6.51 million. Because of these figures, the EBITDA margin is 97.69% (operating margin 97.69% and the net profit margin finally 97.69%).

The company has no long-term debt. Last fiscal year, a return on equity of 94.60% was realized. Twelve trailing months earnings per share reached a value of $2.85. Last fiscal year, the company paid $2.96 in form of dividends to shareholders. The ex-dividend date is on May 29, 2012.

Here are the price ratios of the company: The P/E ratio is 10.32, Price/Sales 8.44 and Price/Book ratio 9.23. Dividend Yield: 10.01%. The beta ratio is 0.85.

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