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 25 to June 29). 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 5.5%

  • Ex-Dividend Date: Between June 25, 2012, and June 29, 2012

1. Freehold Royalties Ltd (OTCPK:FRHLF): Freehold Royalties Ltd. engages in the development and production of crude oil and natural gas in Canada. It is also involved in acquiring and managing oil and gas royalties. Freehold Royalties Ltd has a market cap of $1.11B and is currently trading around $17.28 with a 52 week range of $13.66 to $22.86. The dividend amount is 14 cents per share which is 9.65% dividend yield. The Ex-Dividend date is June 28, 2012, Record date is June 30, 2012 and the dividend payout date is July 16, 2012. The stock has fallen 11.18% year to date.

2. Superior Plus Corp (SUUIF.PK): Superior Plus Corp., through its subsidiary, Superior Plus LP, engages in the distribution and retail sale of propane, refined fuels, propane consuming equipment, and related services in Canada and the United States. Superior Plus Corp has a market cap of $705.11M and is currently trading around $6.25 with a 52 week range of $5.14 to $11.93. The dividend amount is 5 cents per share which is 9.28% dividend yield. The Ex-Dividend date is June 28, 2012, Record date is June 30, 2012 and the dividend payout date is July 13, 2012. The stock has 12.25% price performance for the year 2012.

3. Poseidon Concepts Corp (POOSF.PK): Poseidon Concepts Corp., together with its subsidiaries, engages in renting fracturing fluid handling tanks primarily used in well completion operations in the oil and natural gas industry in western Canada and the United States. Poseidon Concepts has a market cap of $1.114B. Poseidon Concepts is currently trading around $13.75 with a 52 week range of $9.66 to $16.89. The dividend amount is 9 cents per share which is 7.72% dividend yield. The Ex-Dividend date is June 27, 2012, Record date is June 29, 2012 and the dividend payout date is July 16, 2012. The stock has gained 11.27% year to date.

4. Capstone Infrastructure Corp (MCQPF.PK): Capstone Infrastructure Corporation, together with its subsidiaries, engages in building and managing a portfolio of infrastructure businesses in Canada and internationally. Capstone has a market cap of $285.4M. Capstone is currently trading around $3.82 with a 52 week range of $3.61 to $4.16. The dividend amount is 2.5 cents per share which is 7.46% dividend yield. The Ex-Dividend date is June 27, 2012, Record date is June 29, 2012 and the dividend payout date is July 16, 2012. The stock has 4.52% price performance for the year 2012.

5. Canexus Corp (CXUSF.PK): Canexus Limited Partnership, through its subsidiaries, produces and sells sodium chlorate and chlor-alkali products for the pulp and paper, and water treatment industries in Canada and Brazil. Canexus has a market cap of $958.23M. Canexus is currently trading around $7.91 with a 52 week range of $5.26 to $8.38. The dividend amount is 13.68 cents per share which is 6.75% dividend yield. The Ex-Dividend date is June 28, 2012, Record date is June 30, 2012 and the dividend payout date is July 16, 2012. The stock has risen 24.26% year to date.

6. Valener Inc (VNRCF): Valener Inc. engages in the distribution of natural gas to residential and commercial customers in Canada. It holds a 29% interest in Gaz Metro Limited Partnership, which distributes natural gas to approximately 182,000 customers in Quebec and 138,000 customers in Vermont. Valener has a market cap of $559.7M. Valener is currently trading around $14.93 with a 52 week range of $13.45 to $17.31. The dividend amount is 25 cents per share which is 6.55% dividend yield. The Ex-Dividend date is June 27, 2012, Record date is June 29, 2012 and the dividend payout date is July 16, 2012. The stock has -4.35% price performance for the year 2012.

7. Rogers Sugar Inc (RSGUF.PK): Rogers Sugar Inc., through its subsidiary, Lantic Inc., engages in the refining, processing, distribution, and marketing of sugar products in Canada. Rogers Sugar has a market cap of $523.90M and is currently trading around $5.60 with a 52 week range of $4.63 to $5.83. The dividend amount is 9 cents per share which is 6.32% dividend yield. The Ex-Dividend date is June 28, 2012, Record date is June 30, 2012 and the dividend payout date is July 20, 2012. The stock has 8.11% price performance for the year 2012.

8. Northland Power Inc (NPIFF.PK): Northland Power Inc. develops and operates power generation projects in Canada, the United States, and Germany. Northland Power has a market cap of $1.44B. Northland Power is currently trading around $17.01 with a 52 week range of $14.21 to $17.97. The dividend amount is 9 cents per share which is 6.21% dividend yield. The Ex-Dividend date is June 27, 2012, Record date is June 29, 2012 and the dividend payout date is July 16, 2012. The stock has -2.53% price performance for the year 2012.

9. Transcontinental Inc (TCLAF.PK): Transcontinental Inc. provides printing, publishing, and marketing services that allow businesses to attract, reach, and retain their target customers in Canada and the United States. Transcontinental has a market cap of $627.94M. Transcontinental is currently trading around $9.51 with a 52 week range of $9.51 to $15.06. The dividend amount is 14.5 cents per share which is 5.96% dividend yield. The Ex-Dividend date is June 29, 2012, Record date is July 03, 2012 and the dividend payout date is July 20, 2012. The stock has fallen 17.54% year to date.

10. Innergex Renewable Energy Inc (INGXF.PK): Innergex Renewable Energy Inc. operates as an independent renewable power producer. It develops, owns, and operates run-of-river hydroelectric facilities, wind farms, and solar photovoltaic parks. Innergex Renewable Energy has a market cap of $809.73M and is currently trading around $9.75 with a 52 week range of $8.41 to $10.85. The dividend amount is 14.5 cents per share which is 5.69% dividend yield. The Ex-Dividend date is June 27, 2012, Record date is June 29, 2012 and the dividend payout date is July 16, 2012. The stock has -1.24% 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 investors to make the correct decision after necessary research.

Source: Small Caps Yielding +5.5% Going Ex-Dividend The Fourth Week Of June