The Best Dividends On August 2, 2012

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 |  Includes: ETN, IDA, LAZ, NBL, OKE, PVR, SO, WCN, WLT
by: Dividend Screen

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. So 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 on August 02, 2012. In total, 27 stocks and preferred shares go ex-dividend - of which 12 yield above 3 percent. The average yield amounts to 2.77%.

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:

Penn Virginia Resource Partners (NYSE:PVR) has a market capitalization of USD 2.04 billion and operates within the "Industrial Metals & Minerals" industry. These are the market ratios of the company: P/E Ratio: not calculable, Forward P/E Ratio: 15.26, P/S Ratio: 1.91, P/B Ratio: 1.74, Dividend Yield: 8.22%.

Southern Company (NYSE:SO) has a market capitalization of USD 41.83 billion and operates within the "Electric Utilities" industry. These are the market ratios of the company: P/E Ratio: 19.34, Forward P/E Ratio: 17.07, P/S Ratio: 2.47, P/B Ratio: 2.36, Dividend Yield: 4.07%.

Eaton Corporation (NYSE:ETN) has a market capitalization of USD 14.80 billion and operates within the "Industrial Electrical Equipment" industry. These are the market ratios of the company: P/E Ratio: 10.49, Forward P/E Ratio: 9.04, P/S Ratio: 0.91, P/B Ratio: 1.86, Dividend Yield: 3.47%.

IdaCorp (NYSE:IDA) has a market capitalization of USD 2.11 billion and operates within the "Electric Utilities" industry. These are the market ratios of the company: P/E Ratio: 12.94, Forward P/E Ratio: 13.15, P/S Ratio: 2.08, P/B Ratio: 1.27, Dividend Yield: 3.13%.

Lazard (NYSE:LAZ) has a market capitalization of USD 3.30 billion and operates within the "Asset Management" industry. These are the market ratios of the company: P/E Ratio: 23.97, Forward P/E Ratio: 14.28, P/S Ratio: 1.68, P/B Ratio: 4.36, Dividend Yield: 2.98%.

ONEOK (NYSE:OKE) has a market capitalization of USD 9.25 billion and operates within the "Gas Utilities" industry. These are the market ratios of the company: P/E Ratio: 27.99, Forward P/E Ratio: 21.82, P/S Ratio: 0.64, P/B Ratio: 4.10, Dividend Yield: 2.97%.

Walter Energy (NYSE:WLT) has a market capitalization of USD 2.14 billion and operates within the "Industrial Metals & Minerals" industry. These are the market ratios of the company: P/E Ratio: 6.99, Forward P/E Ratio: 5.40, P/S Ratio: 0.77, P/B Ratio: 0.99, Dividend Yield: 1.46%.

Waste Connections (NYSE:WCN) has a market capitalization of USD 3.79 billion and operates within the "Waste Management" industry. These are the market ratios of the company: P/E Ratio: 22.63, Forward P/E Ratio: 19.23, P/S Ratio: 2.41, P/B Ratio: 2.09, Dividend Yield: 1.17%.

Noble Energy (NYSE:NBL) has a market capitalization of USD 15.54 billion and operates within the "Independent Oil & Gas" industry. These are the market ratios of the company: P/E Ratio: 22.95, Forward P/E Ratio: 12.47, P/S Ratio: 3.86, P/B Ratio: 2.08, Dividend Yield: 1.01%.

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