Dividend stocks are wonderful because they increase my cash with regular payments. One major date in relation to the payment is the ex-dividend date. If you own a stock before this date, you get the next payment. This is very interesting because in the case of a high yield stock, I can earn at least one percent in cash for a short period of investing.
I screened stocks with ex-dividend date within the upcoming week. 105 common and preferred shares have their ex-dividend date between August 20 and August 26. Exactly 17 of them have a dividend yield above 5%. Many of them have a high yield because the market believes that the dividend is not sustainable. Especially in the case of low capitalized stocks or stocks with very high yields over 10%, the possibility of a dividend cut is much higher as for stocks with a higher capitalization at normal yields. Because of this, I decided to select only those stocks with a market capitalization over $300 million and a dividend yield below 10%. These are the results:
1. Safe Bulkers (SB) has a market capitalization of $502.87 million. The company generates revenue of $168.91 million and has a net income of $89.73 million. The firm's EBITDA amounts to $132.57 million. The EBITDA margin is 78.49% (operating margin 64.49% and net profit margin 53.13%).
The total debt represents 55.20% of the company's assets and the total debt in relation to the equity amounts to 145.94%. Last fiscal year, a return on equity of 31.16% was realized. Twelve trailing months earnings per share reached a value of $1.19. Last fiscal year, the company paid $0.60 in form of dividends to shareholders. The ex-dividend date is on August 22, 2012.
Here are the price ratios of the company: The P/E ratio is 5.50, Price/Sales 2.90 and Price/Book ratio 1.37. Dividend Yield: 9.39%. The beta ratio is 2.10.
2. Pengrowth Energy (PGH) has a market capitalization of $3.63 billion. The company generates revenue of $1,151.50 million and has a net income of $85.70 million. The firm's EBITDA amounts to $634.05 million. The EBITDA margin is 55.06% (operating margin 16.51% and net profit margin 7.44%).
The total debt represents 17.85% of the company's assets and the total debt in relation to the equity amounts to 30.10%. Last fiscal year, a return on equity of 2.59% was realized. Twelve trailing months earnings per share reached a value of $0.04. Last fiscal year, the company paid $0.85 in form of dividends to shareholders. The ex-dividend date is on August 20, 2012.
Here are the price ratios of the company: The P/E ratio is 161.66, Price/Sales 3.12 and Price/Book ratio 0.76. Dividend Yield: 6.75%. The beta ratio is 1.38.
3. STMicroelectronics (STM) has a market capitalization of $5.40 billion. The company generates revenue of $9,735.00 million and has a net income of $155.00 million. The firm's EBITDA amounts to $1,635.00 million. The EBITDA margin is 16.80% (operating margin 3.74% and net profit margin 1.59%).
The total debt represents 12.95% of the company's assets and the total debt in relation to the equity amounts to 20.60%. Last fiscal year, a return on equity of 8.56% was realized. Twelve trailing months earnings per share reached a value of $0.15. Last fiscal year, the company paid $0.40 in form of dividends to shareholders. The ex-dividend date is on August 20, 2012.
Here are the price ratios of the company: The P/E ratio is 41.60, Price/Sales 0.57 and Price/Book ratio 0.72. Dividend Yield: 6.49%. The beta ratio is 1.81.
4. Strayer Education (STRA) has a market capitalization of $842.60 million. The company generates revenue of $627.43 million and has a net income of $106.04 million. The firm's EBITDA amounts to $200.67 million. The EBITDA margin is 31.98% (operating margin 28.55% and net profit margin 16.90%).
The total debt represents 50.84% of the company's assets and the total debt in relation to the equity amounts to 277.82%. Last fiscal year, a return on equity of 97.16% was realized. Twelve trailing months earnings per share reached a value of $7.43. Last fiscal year, the company paid $4.00 in form of dividends to shareholders. The ex-dividend date is on August 23, 2012.
Here are the price ratios of the company: The P/E ratio is 9.54, Price/Sales 1.31 and Price/Book ratio 19.34. Dividend Yield: 5.77%. The beta ratio is 0.73.
5. LTC Properties (LTC) has a market capitalization of $1.03 billion. The company generates revenue of $85.16 million and has a net income of $49.67 million. The firm's EBITDA amounts to $75.59 million. The EBITDA margin is 88.77% (operating margin 58.33% and net profit margin 58.33%).
The total debt represents 24.60% of the company's assets and the total debt in relation to the equity amounts to 34.11%. Last fiscal year, a return on equity of 10.59% was realized. Twelve trailing months earnings per share reached a value of $1.57. Last fiscal year, the company paid $1.68 in form of dividends to shareholders. The ex-dividend date is on August 21, 2012.
Here are the price ratios of the company: The P/E ratio is 21.52, Price/Sales 12.06 and Price/Book ratio 2.39. Dividend Yield: 5.52%. The beta ratio is 0.84.
6. Park National (PRK) has a market capitalization of $1.09 billion. The company generates revenue of $331.88 million and has a net income of $82.14 million. The firm's EBITDA amounts to $158.66 million. The EBITDA margin is 47.81% (operating margin 31.66% and net profit margin 22.31%).
The total debt represents 8.85% of the company's assets and the total debt in relation to the equity amounts to 83.14%. Last fiscal year, a return on equity of 11.95% was realized. Twelve trailing months earnings per share reached a value of $4.86. Last fiscal year, the company paid $3.76 in form of dividends to shareholders. The ex-dividend date is on August 20, 2012.
Here are the price ratios of the company: The P/E ratio is 14.49, Price/Sales 2.92 and Price/Book ratio 1.67. Dividend Yield: 5.39%. The beta ratio is 0.83.
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.
