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 one percent in cash for a short period of investing.
I screened stocks with ex-dividend date within the upcoming week. 74 common and preferred shares have their ex-dividend date between June 18 and June 24. Exactly 25 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 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 $300 million and a dividend yield below 10%. These are the results sorted by dividend yield:
1. Vector Group (VGR) has a market capitalization of $1.35 billion. The company generates revenue of $1,133.38 million and has a net income of $75.02 million. The firm's earnings before interest, taxes, depreciation and amortization ((EBITDA)) amounts to $152.71 million. The EBITDA margin is 13.47% (operating margin 12.54% and the net profit margin 6.62%).
The total debt represents 58.66% of the company's assets. Twelve trailing months earnings per share reached a value of $0.55. Last fiscal year, the company paid $1.54 in form of dividends to shareholders. The ex-dividend date is on June 18, 2012.
Here are the price ratios of the company: The P/E ratio is 30.77, Price/Sales 1.19 and Price/Book ratio is not calculable. Dividend Yield: 9.42%. The beta ratio is 0.44.
2. Navios Maritime Holdings (NM) has a market capitalization of $342.14 million. The company generates revenue of $689.36 million and has a net income of $41.33 million. EBITDA amounts to $189.16 million. The EBITDA margin is 27.44% (operating margin 11.84% and the net profit margin 6.00%).
The total debt represents 50.96% of the company's assets and the total debt in relation to the equity amounts to 140.19%. Last fiscal year, a return on equity of 3.69% was realized. Twelve trailing months earnings per share reached a value of $0.75. Last fiscal year, the company paid $0.24 in form of dividends to shareholders. The ex-dividend date is on June 22, 2012.
Here are the price ratios of the company: The P/E ratio is 4.43, Price/Sales 0.50 and Price/Book ratio 0.32. Dividend Yield: 7.19%. The beta ratio is 2.68.
3. Main Street Capital (MAIN) has a market capitalization of $663.64 million. The company generates revenue of $66.24 million and has a net income of $64.11 million. EBITDA amounts to $52.80 million. The EBITDA margin is 79.70% (operating margin 59.30% and the net profit margin 96.78%).
The total debt represents 41.87% of the company's assets and the total debt in relation to the equity amounts to 76.13%. Last fiscal year, a return on equity of 19.34% was realized. Twelve trailing months earnings per share reached a value of $3.25. Last fiscal year, the company paid $1.56 in form of dividends to shareholders. The ex-dividend date is on June 19, 2012.
Here are the price ratios of the company: The P/E ratio is 7.53, Price/Sales 10.02 and Price/Book ratio 1.61. Dividend Yield: 7.10%. The beta ratio is 0.73.
4. Ramco-Gershenson Properties (RPT) has a market capitalization of $501.52 million. The company generates revenue of $121.32 million and has a net income of $-37.31 million. EBITDA amounts to $28.08 million. The EBITDA margin is 23.15% (operating margin -30.10% and the net profit margin finally -30.75%).
The total debt represents 50.04% of the company's assets and the total debt in relation to the equity amounts to 116.87%. Last fiscal year, a return on equity of -10.86% was realized. Twelve trailing months earnings per share reached a value of $-1.09. Last fiscal year, the company paid $0.65 in form of dividends to shareholders. The ex-dividend date is on June 18, 2012.
Here are the price ratios of the company: The P/E ratio is not calculable, Price/Sales 4.84 and Price/Book ratio 1.39. Dividend Yield: 5.20%. The beta ratio is 1.84.
5. LTC Properties (LTC) has a market capitalization of $1.03 billion. The company generates revenue of $85.16 million and has a net income of $49.67 million. EBITDA amounts to $75.59 million. The EBITDA margin is 88.77% (operating margin 58.33% and the net profit margin 58.33%).
The total debt represents 24.60% of the company's assets and the total debt in relation to the equity amounts to 34.11%. Last fiscal year, a return on equity of 10.59% was realized. Twelve trailing months earnings per share reached a value of $1.54. Last fiscal year, the company paid $1.68 in form of dividends to shareholders. The ex-dividend date is on June 19, 2012.
Here are the price ratios of the company: The P/E ratio is 21.93, Price/Sales 12.09 and Price/Book ratio 2.40. Dividend Yield: 5.14%. The beta ratio is 0.86.
6. Electro Rent (ELRC) has a market capitalization of $374.21 million. The company generates revenue of $228.73 million and has a net income of $23.76 million. EBITDA amounts to $85.04 million. The EBITDA margin is 37.18% (operating margin 16.15% and the net profit margin 10.39%).
The company has no long-term debt. Last fiscal year, a return on equity of 10.10% was realized. Twelve trailing months earnings per share reached a value of $1.07. Last fiscal year, the company paid $0.60 in form of dividends to shareholders. The ex-dividend date is on June 18, 2012.
Here are the price ratios of the company: The P/E ratio is 14.56, Price/Sales 1.64 and Price/Book ratio 1.56. Dividend Yield: 5.13%. The beta ratio is 1.06.
