Seeking Alpha
Profile| Send Message|
( followers)  

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 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 investors.

In this article, I will focus on small-cap stocks with a high-dividend yield and an ex-dividend date within the next week (June 18 to June 22). 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 3.0%

  • Ex-Dividend Date: Between June 18, 2012, and June 22, 2012

1. PennantPark Investment (NASDAQ:PNNT): PennantPark Investment is a publicly listed business development firm specializing in direct and mezzanine investments in middle market companies. PennantPark Investment has a market cap of $560.86 million. PennantPark Investment is currently trading around $9.95 with a 52-week range of $8.01 to $12.11. The dividend amount is 28 cents per share, which is an 11.26% dividend yield. The ex-dividend date is June 19, 2012, record date is June 21, 2012, and the dividend payout date is July 2, 2012. The stock has -1.39% price performance for 2012.

2. Vector Group (NYSE:VGR): Vector Group, through its subsidiaries, engages in the manufacture and sale of cigarettes in the United States. Vector Group has a market cap of $1.367 billion. Vector Group is currently trading around $17.21 with a 52-week range of $15.48 to $18.59. The dividend amount is 40 cents per share, which is a 9.3% dividend yield. The ex-dividend date is June 18, 2012, record date is June 20, 2012, and the dividend payout date is June 28, 2012. The stock has -3.1% price performance for 2012.

3. Navios Maritime Holdings (NYSE:NM): Navios Maritime Holdings operates as a seaborne shipping and logistics company. It focuses on the transportation and transshipment of dry bulk commodities, including iron ore, coal, fertilizers, and grains. Navios Maritime has a market cap of $336.0 million. Navios Maritime is currently trading around $3.28 with a 52-week range of $2.88 to $5.25. The dividend amount is 6 cents per share, which is a 7.3% dividend yield. The ex-dividend date is June 22, 2012, record date is June 26, 2012, and the dividend payout date is July 3, 2012. The stock has -7.84% price performance for 2012.

4. Electro Rent Corp. (NASDAQ:ELRC): Electro Rent engages in the rental, lease, and sale of new and used electronic test and measurement equipment. Electro Rent has a market cap of $357.9 million. Electro Rent is currently trading around $14.92 with a 52-week range of $12.64 to $19.35. The dividend amount is 20 cents per share, which is a 5.5% dividend yield. The ex-dividend date is June 18, 2012, record date is June 20, 2012, and the dividend payout date is July 10, 2012. The stock has -15.22% price performance for 2012.

5. Greif, Inc. (NYSE:GEF) (NYSE:GEF.B): Greif, Inc. manufactures and sells industrial packaging products, bulk containers, and container board and corrugated products worldwide. Greif has a market cap of $2.116 billion. Greif is currently trading around $44.93 with a 52-week range of $40.77 to $67.57. The dividend amount is 42 cents per share of Class A Common Stock and $0.63 per share of Class B Common Stock. The ex-dividend date is June 18, 2012, record date is June 20, 2012, and the dividend payout date is July 1, 2012. The stock has 5.09% price performance for 2012.

6. Portland General Electric Company (NYSE:POR): Portland General Electric Company, an integrated electric utility, engages in the generation, purchase, transmission, distribution, and retail sale of electricity in the state of Oregon. PGE has a market cap of $1.981 billion. It is currently trading around $26.24 with a 52-week range of $21.29 to $26.25. The dividend amount is 27 cents per share, which is a 4.15% dividend yield. The ex-dividend date is June 21, 2012, record date is June 25, 2012, and the dividend payout date is July 16, 2012. The stock has 2.81% price performance for 2012.

7. Superior Industries International (NYSE:SUP): Superior Industries International engages in the design, manufacture, and sale of aluminum road wheels to original equipment manufacturers primarily in North America. It supplies cast aluminum wheels to automobile and light truck manufacturers. Superior Industries International has a market cap of $466.0 million. Superior Industries International is currently trading around $17.14 with a 52-week range of $14.17 to $22.71. The dividend amount is 16 cents per share, which is a 3.84% dividend yield. The ex-dividend date is June 20, 2012, record date is June 22, 2012, and the dividend payout date is July 6, 2012. The stock has 0.67% price performance for 2012.

8. Farmers & Merchants Bancorp (OTCQB:FMCB): Farmers & Merchants Bancorp operates as the holding company for Farmers & Merchants Bank of Central California that provides various banking products and services in the mid-Central Valley of California, including Sacramento, San Joaquin, Stanislaus and Merced counties. Farmers & Merchants Bancorp has a market cap of $296.0 million. Farmers & Merchants Bancorp is currently trading around $380 with a 52-week range of $342.00 to $425.00. The dividend amount is $5.90 per share, which is a 3.08% dividend yield. The ex-dividend date is June 18, 2012, record date is June 20, 2012, and the dividend payout date is July 2, 2012. The stock has 8.33% price performance for 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 investors to make the correct decision after necessary research.

Source: Small Caps Yielding 3%-Plus Going Ex-Dividend The Third Week Of June