Here is a current overview of the best yielding stocks with a market capitalization over $2 billion that have their ex-dividend date on the next trading day. If your broker settles your trade today, you will receive the next dividend. A full list of all stocks with ex-dividend date can be found here: Ex-Dividend Stocks June 12, 2012. In total, 18 stocks and preferred shares go ex-dividend of which 7 are yielding above 3%. The average yield amounts to 6.01%.
The ex-dividend date is a major date related to the payment of dividends. If you purchase a stock on its ex-dividend date or later, you will not receive the next dividend payment. Instead, the seller gets the dividend. If you purchase before the ex-dividend date, you get the dividend. It is important that your broker settles your trade before the ex-dividend date.
These are the results of the best-yielding stocks:
Mercury General Corporation (MCY) has a market capitalization of $2.41 billion and operates within the "Property & Casualty Insurance" industry. These are the market ratios of the company: P/E Ratio: 11.70, Forward P/E Ratio: 16.48, P/S Ratio: 0.86, P/B Ratio: 1.27, Dividend Yield: 5.55%.
Computer Sciences Corporation (CSC) has a market capitalization of $4.06 billion and operates within the "Information Technology Services" industry. These are the market ratios of the company: P/E Ratio: not calculable, Forward P/E Ratio: 9.61, P/S Ratio: 0.26, P/B Ratio: 1.46, Dividend Yield: 3.06%.
MDU Resources Group (MDU) has a market capitalization of $4.23 billion and operates within the "General Building Materials" industry. These are the market ratios of the company: P/E Ratio: 19.30, Forward P/E Ratio: 16.34, P/S Ratio: 1.06, P/B Ratio: 1.53, Dividend Yield: 2.99%.
Omnicom Group (OMC) has a market capitalization of $13.10 billion and operates within the "Advertising Agencies" industry. These are the market ratios of the company: P/E Ratio: 14.35, Forward P/E Ratio: 11.81, P/S Ratio: 0.93, P/B Ratio: 3.66, Dividend Yield: 2.50%.
T. Rowe Price Group (TROW) has a market capitalization of $15.00 billion and operates within the "Asset Management" industry. These are the market ratios of the company: P/E Ratio: 20.07, Forward P/E Ratio: 15.31, P/S Ratio: 5.37, P/B Ratio: 4.13, Dividend Yield: 2.31%.
SPX Corporation (SPW) has a market capitalization of $3.58 billion and operates within the "Diversified Machinery" industry. These are the market ratios of the company: P/E Ratio: 21.98, Forward P/E Ratio: 11.56, P/S Ratio: 0.66, P/B Ratio: 1.58, Dividend Yield: 1.41%.
Goldcorp (GG) has a market capitalization of $31.72 billion and operates within the "Gold" industry. These are the market ratios of the company: P/E Ratio: 20.72, Forward P/E Ratio: 12.35, P/S Ratio: 5.77, P/B Ratio: 1.46, Dividend Yield: 1.38%.
Companhia Brasileira de Distribuicao (CBD) has a market capitalization of $9.77 billion and operates within the "Grocery Stores" industry. These are the market ratios of the company: P/E Ratio: 27.39, Forward P/E Ratio: 14.89, P/S Ratio: 0.42, P/B Ratio: 2.60, Dividend Yield: 1.00%.
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.
