Seeking Alpha
Profile| Send Message|
( followers)  

There are many different strategies to trade and one of them is to look for dividend stocks. Investors like dividend stocks as long-term investments, as these dividend payments tend to protect the stock price from the market volatility that affects non-dividend paying stocks. However, careful analysis of dividend stocks and choosing the right dividend stocks at the right time is critical for investors.

In this article, I will focus on mid-cap stocks with a high dividend yield and with their ex-dividend date within the next week (August 20 to August 24). These stocks are screened based on the following criteria:

  • Security Type: Common Stock
  • Market Cap: Greater than $2 billion and less than $10 billion
  • Dividend Yield: Greater than or equal to 3%
  • Ex-Dividend Date: Between August 20, 2012 and August 24, 2012

1. Pengrowth Energy Corporation (PGH): Pengrowth Energy Corporation engages in the acquisition, exploration, development, and production of oil and natural gas reserves in Canada. Pengrowth Energy has a market cap of $3.4 billion and is currently trading around $6.80 with a 52 week range of $5.79 to $11.70. The dividend amount is 4 cents per share which is 7.1% dividend yield. The Ex-Dividend date is August 20, 2012, Record date is August 22, 2012 and the dividend payout date is September 17, 2012. The stock has fallen 35.23% for the year 2012.

2. Pembina Pipeline Corporation (PBA): Pembina Pipeline Corporation operates as an energy transportation and service provider company in Canada. Pembina Pipeline Corp has a market cap of $7.6 billion and is currently trading around $26.24 with a 52 week range of $22.19 to $30.93. The dividend amount is 13.5 cents per share which is 6.21% dividend yield. The Ex-Dividend date is August 22, 2012, Record date is August 25, 2012 and the dividend payout date is September 14, 2012. The stock has fallen 9.71% for the year 2012.

3. AltaGas Ltd (OTCPK:ATGFF): AltaGas Ltd is a diversified energy infrastructure company, engages in gas, power, and utilities businesses in Canada and the northern and western United States. AltaGas Ltd has a market cap of $2.8 billion and is currently trading around $30.78 with a 52 week range of $24.24 to $32.60. The dividend amount is 11.5 cents per share which is 4.53% dividend yield. The Ex-Dividend date is August 23, 2012, Record date is August 27, 2012 and the dividend payout date is September 17, 2012. The stock has fallen 1.68% for the year 2012.

4. Keyera Corp (OTC:KEYUF): Keyera engages in the gathering, processing, fractionation, storage, transportation, and marketing of natural gas and natural gas liquids. Keyera has a market cap of $3.6 billion and is currently trading around $46.41 with a 52 week range of $37.64 to $50.22. The dividend amount is 17 cents per share which is 4.45% dividend yield. The Ex-Dividend date is August 20, 2012, Record date is August 22, 2012 and the dividend payout date is September 17, 2012. The stock has fallen 5.3% for the year 2012.

5. Microchip Technology Inc (MCHP): Microchip Technology engages in the development, manufacture, and sale of semiconductor products for embedded control applications. Microchip Technology has a market cap of $6.8 billion and is currently trading around $35.00 with a 52 week range of $29.30 to $38.88. The dividend amount is 35.1 cents per share which is 4.01% dividend yield. The Ex-Dividend date is August 20, 2012, Record date is August 22, 2012 and the dividend payout date is September 05, 2012. The stock has fallen 4.29% for the year 2012.

6. Atmos Energy Corp (ATO): Atmos Energy engages in the distribution, transmission, and storage of natural gas in the United States. Atmos Energy has a market cap of $3.3 billion and is currently trading around $36.63 with a 52 week range of $30.00 to $37.33. The dividend amount is 34.5 cents per share which is 3.74% dividend yield. The Ex-Dividend date is August 23, 2012, Record date is August 27, 2012 and the dividend payout date is September 10, 2012. The stock has 10.76% returns for the year 2012.

7. Diebold Inc (DBD): Diebold provides integrated self-service delivery and security systems and services primarily to the financial, commercial, government, and retail markets worldwide. Diebold has a market cap of $2.1 billion and is currently trading around $33.46 with a 52 week range of $25.17 to $42.93. The dividend amount is 28.5 cents per share which is 3.4% dividend yield. The Ex-Dividend date is August 23, 2012, Record date is August 27, 2012 and the dividend payout date is September 18, 2012. The stock has 11.54% returns for the year 2012.

8. Maxim Integrated Products Inc (MXIM): Maxim Integrated Products engages in designing, developing, manufacturing, and marketing various linear and mixed-signal integrated circuits worldwide. Maxim Integrated Products has a market cap of $8.3 billion and is currently trading around $28.33 with a 52 week range of $21.16 to $30.00. The dividend amount is 24 cents per share which is 3.37% dividend yield. The Ex-Dividend date is August 20, 2012, Record date is August 22, 2012 and the dividend payout date is September 05, 2012. The stock has 9.45% returns for the year 2012.

9. Autoliv Inc (ALV): Autoliv engages in the development, manufacture, and supply of automotive safety systems to the automotive industry. Autoliv has a market cap of $5.8 billion and is currently trading around $60.22 with a 52 week range of $44.38 to $69.61. The dividend amount is 47 cents per share which is 3.12% dividend yield. The Ex-Dividend date is August 20, 2012, Record date is August 22, 2012 and the dividend payout date is September 06, 2012. The stock has 12.68% returns for the year 2012.

10. The Scotts Miracle-Gro Company (SMG): Scotts Miracle-Gro Company engages in manufacturing, marketing, and selling lawn and garden care products worldwide. Scotts Miracle-Gro has a market cap of $2.6 billion and is currently trading around $41.65 with a 52 week range of $35.49 to $55.95. The dividend amount is 32.5 cents per share which is 3.03% dividend yield. The Ex-Dividend date is August 23, 2012, Record date is August 27, 2012 and the dividend payout date is September 10, 2012. The stock has fallen 7.97% for the year 2012.

Sources: Some of the data is sourced from Google Finance, Yahoo Finance, Fidelity and investor sites.

Additional Disclosure: I change my positions very frequently and may initiate either long or short positions in the above mentioned stocks at any time.

Disclaimer: I am not a registered investment advisor and do not provide specific investment advice. The information contained herein is for informational purposes only. Nothing in this article should be taken as a solicitation to purchase or sell securities. Before buying or selling any stock you should do your own research and reach your own conclusion. It is up to investors to make the correct decision after necessary research.

Source: 10 Mid Caps With Over 3% Yield Going Ex-Dividend Next Week