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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 the right time is critical for the investors.

In this article, I will focus on large cap stocks with a high dividend yield and ex-dividend date within the next week (June 4 to June 8). These stocks are screened based on the following criteria:

  • Security Type: Common Stock

  • Market Cap: Greater than $10 billion

  • Dividend Yield: Greater than or equal to 3%

  • Ex-Dividend Date: Between June 4, 2012 and June 8, 2012

  1. REYNOLDS AMERICAN INC. (RAI): Reynolds American Inc., through its subsidiaries, manufactures and sells cigarette and other tobacco products in the United States. Reynolds American has a market cap of $23.986B. Reynolds American is currently trading around $41.97 with a 52 week range of $31.82 to $42.81. The dividend amount is 59 cents per share which is 5.62% dividend yield. The Ex-Dividend date is June 07, 2012, Record date is June 11, 2012 and the dividend payout date is Jul 02, 2012. The stock has 1.33% price performance for the year 2012.

  2. PPL CORP (PPL): PPL Corporation, an energy and utility holding company, engages in the generation, transmission, distribution, and sale of electricity to wholesale and retail customers in the United States and the United Kingdom. PPL Corporation has a market cap of $15.962B. PPL Corporation is currently trading around $27.52 with a 52 week range of $25.00 to $30.27. The dividend amount is 36 cents per share which is 5.23% dividend yield. The Ex-Dividend date is June 06, 2012, Record date is June 08, 2012 and the dividend payout date is July 02, 2012. The stock has -6.46% price performance for the year 2012.

  3. PUBLIC SERVICE ENTERPRISE GROUP INC (PEG): Public Service Enterprise Group Incorporated, through its subsidiaries, operates in the energy industry primarily in the northeastern and mid Atlantic United States. Public Service Enterprise Group has a market cap of $15.415B. Public Service Enterprise Group is currently trading around $30.47 with a 52 week range of $27.97 to $35.48. The dividend amount is 35.5 cents per share which is 4.66% dividend yield. The Ex-Dividend date is June 06, 2012, Record date is June 08, 2012 and the dividend payout date is June 29, 2012. The stock has -7.69% price performance for the year 2012.

  4. WASTE MANAGEMENT INC (WM): Waste Management, Inc., through its subsidiaries, provides waste management services to residential, commercial, industrial, and municipal customers in North America. It offers collection, transfer, recycling, and disposal services. Waste Management has a market cap of $15.257B. Waste Management is currently trading around $32.96 with a 52 week range of $27.75 to $38.94. The dividend amount is 35.5 cents per share which is 4.31% dividend yield. The Ex-Dividend date is June 06, 2012, Record date is June 08, 2012 and the dividend payout date is June 22, 2012. The stock has 0.76% price performance for the year 2012.

  5. THE WILLIAMS COS INC (WMB): The Williams Companies, Inc. operates as an energy infrastructure company in the United States. Williams Companies has a market cap of $19.25B. Williams Companies is currently trading around $30.77 with a 52 week range of $21.90 to $34.63. The dividend amount is 30 cents per share which is 3.9% dividend yield. The Ex-Dividend date is June 06, 2012, Record date is June 08, 2012 and the dividend payout date is June 25, 2012. The stock has -6.81% price performance for the year 2012.

  6. KIMBERLY-CLARK CORP (KMB): Kimberly-Clark Corporation, together with its subsidiaries, engages in manufacturing and marketing health care products worldwide. The company operates in four segments: Personal Care, Consumer Tissue, K-C Professional and Other, and Health Care. Kimberly-Clark has a market cap of $31.158B. Kimberly-Clark is currently trading around $79.46 with a 52 week range of $61.00 to $80.00. The dividend amount is 74 cents per share which is 3.73% dividend yield. The Ex-Dividend date is June 06, 2012, Record date is June 08, 2012 and the dividend payout date is Jul 03, 2012. The stock has 8.02% price performance for the year 2012.

  7. BLACKROCK INC (BLK): BlackRock. is a publicly-owned investment manager. The firm primarily provides its services to institutional, intermediary, and individual investors. BlackRock has a market cap of $30.77B. BlackRock is currently trading around $171.36 with a 52 week range of $137.00 to $209.37. The dividend amount is $1.50 per share which is 3.5% dividend yield. The Ex-Dividend date is June 05, 2012, Record date is June 07, 2012 and the dividend payout date is June 25, 2012. The stock has -3.86% price performance for the year 2012.

  8. CME GROUP INC (CME): CME Group Inc. operates the CME, CBOT, NYMEX and COMEX futures exchanges worldwide. The company provides a range of products across various asset classes, such as interest rates, equity indexes, foreign exchange, energy, agricultural commodities, metals, weather, and real estate. CME Group has a market cap of $17.448B. CME Group is currently trading around $262.52 with a 52 week range of $224.69 to $304.61. The dividend amount is $2.23 per share which is 3.4% dividend yield. The Ex-Dividend date is June 06, 2012, Record date is June 08, 2012 and the dividend payout date is June 25, 2012. The stock has 7.74% price performance for the year 2012.

  9. ENSCO PLC (ESV): Ensco is a provider of offshore contract drilling services to the international oil and gas industry. Ensco has a market cap of $11.225B. Ensco is currently trading around $48.54 with a 52 week range of $37.39 to $60.31. The dividend amount is 37.5 cents per share which is 3.09% dividend yield. The Ex-Dividend date is June 07, 2012, Record date is June 11, 2012 and the dividend payout date is June 22, 2012. The stock has 3.45% price performance for the year 2012.

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

I change my positions very frequently and may initiate either long or short positions in the above mentioned stocks at any time.

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: 9 Large Caps With 3%+ Yields Going Ex-Dividend June 4 - June 8