Seeking Alpha
Profile| Send Message|
( followers)  

Here is a current overview of the best yielding stocks with a market capitalization of 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 08, 2012. In total, 58 stocks and preferred shares go ex-dividend - of which 26 yield more than 3 percent. The average yield amounts to 3.25%.

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:

Pitney Bowes (NYSE:PBI) has a market capitalization of USD 2.80 billion and operates within the "Business Equipment" industry. These are the market ratios of the company: P/E Ratio: 7.01, Forward P/E Ratio: 7.41, P/S Ratio: 0.55, P/B Ratio: 35.03, Dividend Yield: 10.71%.

R.R. Donnelley & Sons Company (NASDAQ:RRD) has a market capitalization of USD 2.33 billion and operates within the "Business Services" industry. These are the market ratios of the company: P/E Ratio: not calculable, Forward P/E Ratio: 7.02, P/S Ratio: 0.22, P/B Ratio: 2.20, Dividend Yield: 8.05%.

AstraZeneca (NYSE:AZN) has a market capitalization of USD 60.13 billion and operates within the "Drug Manufacturers - Major" industry. These are the market ratios of the company: P/E Ratio: 7.71, Forward P/E Ratio: 8.16, P/S Ratio: 1.95, P/B Ratio: 2.75, Dividend Yield: 5.92%.

Alliance Holdings (NASDAQ:AHGP) has a market capitalization of USD 2.86 billion and operates within the "Nonmetallic Mineral Mining" industry. These are the market ratios of the company: P/E Ratio: 13.43, Forward P/E Ratio: 13.13, P/S Ratio: 1.48, P/B Ratio: 7.03, Dividend Yield: 5.84%.

GlaxoSmithKline (NYSE:GSK) has a market capitalization of USD 117.77 billion and operates within the "Drug Manufacturers - Major" industry. These are the market ratios of the company: P/E Ratio: 14.58, Forward P/E Ratio: 10.71, P/S Ratio: 2.77, P/B Ratio: 10.59, Dividend Yield: 4.83%.

Reed Elsevier (NYSE:ENL) has a market capitalization of USD 8.82 billion and operates within the "Publishing - Periodicals" industry. These are the market ratios of the company: P/E Ratio: 12.90, Forward P/E Ratio: 9.81, P/S Ratio: 1.95, P/B Ratio: 5.59, Dividend Yield: 4.76%.

American Electric Power (NYSE:AEP) has a market capitalization of USD 20.55 billion and operates within the "Electric Utilities" industry. These are the market ratios of the company: P/E Ratio: 12.69, Forward P/E Ratio: 13.54, P/S Ratio: 1.37, P/B Ratio: 1.37, Dividend Yield: 4.44%.

Disclosure: I am long AZN.

Source: The Best Dividends On August 8, 2012