Dividend stocks are wonderful because they increase my cash with regular payments. One major date in relation to the payment is the ex-dividend date. If you own a stock before this date, you get the next payment. This is very interesting because in the case of a high yield stock, I can earn at least 1% in cash for a short period of investing.
I screened stocks with ex-dividend dates within the upcoming week. Some 230 common and preferred shares have their ex-dividend date between June 11 and June 17. Exactly 43 of them have a dividend yield above 5%. Many of them have a high yield because the market believes that the dividend is not sustainable. Especially in the case of low-capitalized stocks or stocks with very high yields over 10%, the possibility of a dividend cut is much higher than as for stocks with a higher capitalization at normal yields. Because of this, I decided to select only those stocks with a market capitalization over $2 billion and a dividend yield below 10%. These are the results sorted by dividend yield:
1. Ares Capital (ARCC) has a market capitalization of $3.48 billion. The company generates revenues of $634.49 million and has a net income of $319.45 million. The firm's earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $393.95 million. Because of these figures, the EBITDA margin is 62.09% (operating margin 42.64% and the net profit margin is finally 50.35%).
The total debt representing 38.49% of the company's assets and the total debt in relation to the equity amounts to 65.89%. Last fiscal year, a return on equity of 10.31% was realized. Twelve trailing months earnings per share reached a value of $1.44. Last fiscal year, the company paid $1.41 in the form of dividends to shareholders. The ex-dividend date is on June 13, 2012.
Here are the price ratios of the company: The P/E ratio is 10.90, Price/Sales 5.43 and Price/Book ratio 1.01. Dividend Yield: 9.53%. The beta ratio is 1.78.
2. Investors Real Estate Trust (IRETP) has a market capitalization of $792.19 million. The company generates revenues of $237.41 million and has a net income of $4.48 million. The firm's EBITDA amounts to $123.81 million. Because of these figures, the EBITDA margin is 52.15% (operating margin 28.63% and the net profit margin is finally 1.89%).
The total debt representing 63.38% of the company's assets and the total debt in relation to the equity amounts to 248.68%. Last fiscal year, a return on equity of 0.47% was realized. Twelve trailing months earnings per share reached a value of $0.03. Last fiscal year, the company paid $0.69 in the form of dividends to shareholders. The ex-dividend date is on June 13, 2012.
Here are the price ratios of the company: The P/E ratio is 960.71, Price/Sales 3.22 and Price/Book ratio 1.51. Dividend Yield: 7.19%. The beta ratio is 0.40.
3. TOTAL S.A. (TOT) has a market capitalization of $98.21 billion. The company generates revenues of $209,186.40 million and has a net income of $15,801.70 million. The firm's EBITDA amounts to $40,428.04 million. Because of these figures, the EBITDA margin is 19.33% (operating margin 15.00% and the net profit margin is finally 7.55%).
The total debt representing 19.65% of the company's assets and the total debt in relation to the equity amounts to 47.37%. Last fiscal year, a return on equity of 19.11% was realized. Twelve trailing months earnings per share reached a value of $6.64. Last fiscal year, the company paid $2.86 in the form of dividends to shareholders. The ex-dividend date is on June 13, 2012.
Here are the price ratios of the company: The P/E ratio is 6.56, Price/Sales 0.49 and Price/Book ratio 1.15. Dividend Yield: 6.93%. The beta ratio is 1.02.
4. Valley National Bancorp (VLY) has a market capitalization of $2.31 billion. The company generates revenues of $673.82 million and has a net income of $133.65 million. The firm's EBITDA amounts to $353.73 million. Because of these figures, the EBITDA margin is 52.50% (operating margin 33.59% and the net profit margin is finally 22.76%).
The total debt representing 7.64% of the company's assets and the total debt in relation to the equity amounts to 85.91%. Last fiscal year, a return on equity of 10.44% was realized. Twelve trailing months earnings per share reached a value of $0.72. Last fiscal year, the company paid $0.66 in the form of dividends to shareholders. The ex-dividend date is on June 13, 2012.
Here are the price ratios of the company: The P/E ratio is 15.52, Price/Sales 3.88 and Price/Book ratio 1.63. Dividend Yield: 5.90%. The beta ratio is 0.85.
5. Mercury General (MCY) has a market capitalization of $2.41 billion. The company generates revenues of $2,777.28 million and has a net income of $191.16 million. The firm's EBITDA amounts to $988.78 million. Because of these figures, the EBITDA margin is 35.60% (operating margin 8.83% and the net profit margin is finally 6.88%).
The total debt representing 3.44% of the company's assets and the total debt in relation to the equity amounts to 7.54%. Last fiscal year, a return on equity of 10.47% was realized. Twelve trailing months earnings per share reached a value of $3.76. Last fiscal year, the company paid $2.41 in the form of dividends to shareholders. The ex-dividend date is on June 12, 2012.
Here are the price ratios of the company: The P/E ratio is 11.71, Price/Sales 0.86 and Price/Book ratio 1.29. Dividend Yield: 5.59%. The beta ratio is 0.79.
6. Leggett & Platt (LEG) has a market capitalization of $2.92 billion. The company generates revenues of $3,636.00 million and has a net income of $156.40 million. The firm's EBITDA amounts to $354.70 million. Because of these figures, the EBITDA margin is 9.76% (operating margin 6.54% and the net profit margin is finally at 4.30%).
The total debt representing 29.25% of the company's assets and the total debt in relation to the equity amounts to 65.74%. Last fiscal year, a return on equity of 10.93% was realized. Twelve trailing months earnings per share reached a value of $1.04. Last fiscal year, the company paid $1.10 in the form of dividends to shareholders. The ex-dividend date is on June 13, 2012.
Here are the price ratios of the company: The P/E ratio is 19.96, Price/Sales 0.78 and Price/Book ratio 2.19. Dividend Yield: 5.50%. The beta ratio is 1.14.
7. BCE (BCE) has a market capitalization of $31.56 billion. The company generates revenues of $18,977.03 million and has a net income of $2,505.35 million. The firm's EBITDA amounts to $6,996.30 million. Because of these figures, the EBITDA margin is 36.87% (operating margin 16.89% and the net profit margin is finally 13.20%).
The total debt representing 37.61% of the company's assets and the total debt in relation to the equity amounts to 107.61%. Last fiscal year, a return on equity of 24.61% was realized. Twelve trailing months earnings per share reached a value of $2.87. Last fiscal year, the company paid $1.99 in the form of dividends to shareholders. The ex-dividend date is on June 13, 2012.
Here are the price ratios of the company: The P/E ratio is 14.19, Price/Sales 1.66 and Price/Book ratio 3.05. Dividend Yield: 5.38%. The beta ratio is 0.80.
8. Shaw Communications (SJR) has a market capitalization of $8.32 billion. The company generates revenues of $4,614.56 million and has a net income of $530.47 million. The firm's EBITDA amounts to $1,844.46 million. Because of these figures, the EBITDA margin is 39.97% (operating margin 26.53% and the net profit margin is finally 11.50%).
The total debt representing 41.76% of the company's assets and the total debt in relation to the equity amounts to 154.35%. Last fiscal year, a return on equity of 17.49% was realized. Twelve trailing months earnings per share reached a value of $1.56. Last fiscal year, the company paid $0.88 in the form of dividends to shareholders. The ex-dividend date is on June 13, 2012.
Here are the price ratios of the company: The P/E ratio is 12.12, Price/Sales 1.84 and Price/Book ratio 2.51. Dividend Yield: 5.10%. The beta ratio is 0.72.
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.
