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High yield investing is very interesting especially in times of low interest rates. The royal class of high yield investing is to trade stocks with very high yields (double-digit yields). For a trader it is still an attractive opportunity to buy short-term before the next ex-dividend date. If you own a stock before this date, you get the next dividend payment. In the case of a double-digit annual yield, you should expect at least 2.5 percent cash. I screened my database by stocks with a very high yield (more than 10%) as well as ex-dividend date within the upcoming week (June 25 - July 01). Exactly 18 stocks and funds fulfilled the mentioned criteria. In order to reduce the risks of lower capitalized stocks, I listed only those stocks with a market capitalization over $300 million. These are the detailed results:

1. James Hardie Industries (NYSE:JHX) has a market capitalization of $3.38 billion. The company generates revenues of $1,237.50 million and has a net income of $604.30 million. The firm's EBITDA amounts to $220.70 million. Because of these figures, the EBITDA margin is 17.83% (operating margin 12.57% and the net profit margin finally 48.83%).

The total debt representing 1.34% of the company's assets and the total debt in relation to the equity amounts to 24.45%. Last fiscal year, a return on equity of % was realized. Twelve trailing months earnings per share reached a value of $6.89. Last fiscal year, the company paid $0.20 in form of dividends to shareholders. The ex-dividend date is on June 26, 2012.

Here are the price ratios of the company: The P/E ratio is 5.61, Price/Sales 2.68 and Price/Book ratio 26.30. Dividend Yield: 19.99%. The beta ratio is 1.86.

2. Resource Capital (NYSE:RSO) has a market capitalization of $468.62 million. The company generates revenues of $124.59 million and has a net income of $37.72 million. The firm's EBITDA amounts to $66.46 million. Because of these figures, the EBITDA margin is 53.34% (operating margin 49.63% and the net profit margin finally 30.27%).

The total debt representing 78.66% of the company's assets and the total debt in relation to the equity amounts to 421.00%. Last fiscal year, a return on equity of 9.70% was realized. Twelve trailing months earnings per share reached a value of $0.51. Last fiscal year, the company paid $1.00 in form of dividends to shareholders. The ex-dividend date is on June 27, 2012.

Here are the price ratios of the company: The P/E ratio is 10.78, Price/Sales 3.72 and Price/Book ratio 1.02. Dividend Yield: 14.63%. The beta ratio is 1.90.

3. Chimera Investment (NYSE:CIM) has a market capitalization of $2.59 billion. The company generates revenues of $755.44 million and has a net income of $532.85 million. The firm's EBITDA amounts to $540.90 million. Because of these figures, the EBITDA margin is 71.60% (operating margin 70.64% and the net profit margin finally 70.54%).

The total debt representing 50.34% of the company's assets and the total debt in relation to the equity amounts to 110.35%. Last fiscal year, a return on equity of 18.34% was realized. Twelve trailing months earnings per share reached a value of $0.52. Last fiscal year, the company paid $0.69 in form of dividends to shareholders. The ex-dividend date is on June 27, 2012.

Here are the price ratios of the company: The P/E ratio is 4.81, Price/Sales 3.56 and Price/Book ratio 0.73. Dividend Yield: 13.74%. The beta ratio is 1.23.

4. Annaly Capital Management (NYSE:NLY) has a market capitalization of $16.70 billion. The company generates revenues of $3,579.62 million and has a net income of $343.32 million. The firm's EBITDA amounts to $1,981.85 million. Because of these figures, the EBITDA margin is 55.36% (operating margin 11.24% and the net profit margin finally 9.59%).

The total debt representing 77.94% of the company's assets and the total debt in relation to the equity amounts to 541.02%. Last fiscal year, a return on equity of 2.59% was realized. Twelve trailing months earnings per share reached a value of $0.50. Last fiscal year, the company paid $2.44 in form of dividends to shareholders. The ex-dividend date is on June 27, 2012.

Here are the price ratios of the company: The P/E ratio is 34.58, Price/Sales 4.62 and Price/Book ratio 1.06. Dividend Yield: 12.97%. The beta ratio is 0.28.

5. Hatteras Financial (NYSE:HTS) has a market capitalization of $2.84 billion. The company generates revenues of $426.12 million and has a net income of $284.37 million. The firm's EBITDA amounts to $263.80 million. Because of these figures, the EBITDA margin is 61.91% (operating margin 66.74% and the net profit margin finally 66.74%).

The total debt representing 88.14% of the company's assets and the total debt in relation to the equity amounts to 787.50%. Last fiscal year, a return on equity of 17.63% was realized. Twelve trailing months earnings per share reached a value of $3.89. Last fiscal year, the company paid $3.90 in form of dividends to shareholders. The ex-dividend date is on June 27, 2012.

Here are the price ratios of the company: The P/E ratio is 7.47, Price/Sales 6.68 and Price/Book ratio 1.08. Dividend Yield: 12.36%. The beta ratio is 0.27.

6. Capstead Mortgage (NYSE:CMO) has a market capitalization of $1.31 billion. The company generates revenues of $243.38 million and has a net income of $160.20 million. The firm's EBITDA amounts to $160.15 million. Because of these figures, the EBITDA margin is 65.80% (operating margin 65.83% and the net profit margin finally 65.83%).

The total debt representing 89.19% of the company's assets and the total debt in relation to the equity amounts to 886.17%. Last fiscal year, a return on equity of 14.24% was realized. Twelve trailing months earnings per share reached a value of $1.78. Last fiscal year, the company paid $1.76 in form of dividends to shareholders. The ex-dividend date is on June 27, 2012.

Here are the price ratios of the company: The P/E ratio is 7.87, Price/Sales 5.39 and Price/Book ratio 1.12. Dividend Yield: 11.41%. The beta ratio is 0.46.

7. Prospect Capital (NASDAQ:PSEC) has a market capitalization of $1.38 billion. The company generates revenues of $169.48 million and has a net income of $118.24 million. The firm's EBITDA amounts to $111.82 million. Because of these figures, the EBITDA margin is 65.98% (operating margin 55.60% and the net profit margin finally 69.77%).

The total debt representing 26.25% of the company's assets and the total debt in relation to the equity amounts to 36.50%. Last fiscal year, a return on equity of 12.95% was realized. Twelve trailing months earnings per share reached a value of $1.67. Last fiscal year, the company paid $1.21 in form of dividends to shareholders. The ex-dividend date is on June 27, 2012.

Here are the price ratios of the company: The P/E ratio is 6.79, Price/Sales 8.10 and Price/Book ratio 1.09. Dividend Yield: 10.83%. The beta ratio is 0.80.

8. Crexus Investment (NYSE:CXS) has a market capitalization of $792.25 million. The company generates revenues of $105.67 million and has a net income of $108.40 million. The firm's EBITDA amounts to $89.97 million. Because of these figures, the EBITDA margin is 85.14% (operating margin 102.58% and the net profit margin finally 102.58%).

The total debt representing 3.16% of the company's assets and the total debt in relation to the equity amounts to 3.38%. Last fiscal year, a return on equity of 18.14% was realized. Twelve trailing months earnings per share reached a value of $1.55. Last fiscal year, the company paid $1.13 in form of dividends to shareholders. The ex-dividend date is on June 27, 2012.

Here are the price ratios of the company: The P/E ratio is 6.69, Price/Sales 7.56 and Price/Book ratio 0.86. Dividend Yield: 10.35%. The beta ratio is not calculable.

9. Windstream (NASDAQ:WIN) has a market capitalization of $5.70 billion. The company generates revenues of $4,285.70 million and has a net income of $172.40 million. The firm's EBITDA amounts to $1,679.40 million. Because of these figures, the EBITDA margin is 39.19% (operating margin 19.41% and the net profit margin finally 4.02%).

The total debt representing 63.58% of the company's assets and the total debt in relation to the equity amounts to 610.80%. Last fiscal year, a return on equity of 14.51% was realized. Twelve trailing months earnings per share reached a value of $0.40. Last fiscal year, the company paid $1.00 in form of dividends to shareholders. The ex-dividend date is on June 27, 2012.

Here are the price ratios of the company: The P/E ratio is 24.28, Price/Sales 1.33 and Price/Book ratio 3.79. Dividend Yield: 10.34%. The beta ratio is 0.87.

Source: 9 Higher-Capitalized Stocks With Yields Over 10% Go Ex-Dividend Next Week