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

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 |  Includes: CIM, CMO, CXS, HTS, JHX, NLY, PSEC, RSO, WIN
by: Dividend Screen

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.

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.