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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 (September 10 to September 14). 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 3.5%

  • Ex-Dividend Date: Between September 10, 2012 and September 14, 2012

The following chart shows the dividend summary for these mid-cap companies:

Click to enlarge

1. Ares Capital Corporation (ARCC): Ares Capital Corporation specializes in acquisition, recapitalization, mezzanine debt, restructurings, rescue financing, and leveraged buyout transactions of middle market companies. It also makes growth capital and general refinancing. Ares Capital Corp has a market cap of $3.8 billion and is currently trading around $17.28, with a 52-week range of $12.76 to $17.42. The dividend amount is 38 cents per share, which is 8.8% dividend yield. The Ex-Dividend date is September 12, 2012, Record date is September 14, 2012, and the dividend payout date is September 28, 2012. The stock has 11.78% returns for the year 2012.

2. Mercury General Corporation (MCY): Mercury General Corporation engages in writing personal automobile insurance products. Mercury General Corp has a market cap of $2.1 billion and is currently trading around $38.29, with a 52-week range of $36.01 to $46.76. The dividend amount is 61 cents per share, which is 6.37% dividend yield. The Ex-Dividend date is September 12, 2012, Record date is September 14, 2012, and the dividend payout date is September 28, 2012. The stock has -16.07% returns for the year 2012.

3. Manitoba Telecom Services Inc (OTCPK:MOBAF): Manitoba Telecom Services Inc provides communication services to residential and business customers in Canada. Manitoba Telecom Services has a market cap of $2.3 billion and is currently trading around $34.54, with a 52-week range of $27.46 to $35.18. The dividend amount is 42.5 cents per share, which is 4.99% dividend yield. The Ex-Dividend date is September 12, 2012, Record date is September 14, 2012, and the dividend payout date is October 15, 2012. The stock has 19.43% returns for the year 2012.

4. Ameren Corporation (AEE): Ameren Corporation operates as a public utility holding company in Missouri and Illinois, the United States. Ameren Corp has a market cap of $7.9 billion and is currently trading around $32.72, with a 52-week range of $27.98 to $35.30. The dividend amount is 40 cents per share, which is 4.89% dividend yield. The Ex-Dividend date is September 10, 2012, Record date is September 12, 2012, and the dividend payout date is September 28, 2012. The stock has -1.24% returns for the year 2012.

5. Leggett & Platt Inc (LEG): Leggett & Platt Inc designs and produces various engineered components and products worldwide. Leggett & Platt Inc has a market cap of $3.3 billion and is currently trading around $23.74, with a 52-week range of $18.37 to $24.84. The dividend amount is 29 cents per share, which is 4.89% dividend yield. The Ex-Dividend date is September 12, 2012, Record date is September 14, 2012, and the dividend payout date is October 15, 2012. The stock has 3.04% returns for the year 2012.

6. H&R Block Inc (HRB): H&R Block engages in the provision of tax preparation and related services to the general public in the United States, Canada, and Australia. H&R Block has a market cap of $4.5 billion and is currently trading around $16.56, with a 52-week range of $12.73 to $17.46. The dividend amount is 20 cents per share, which is 4.83% dividend yield. The Ex-Dividend date is September 12, 2012, Record date is September 14, 2012, and the dividend payout date is October 01, 2012. The stock has 1.41% returns for the year 2012.

7. NYSE Euronext (NYX): NYSE Euronext, through its subsidiaries, operates securities exchanges. NYSE Euronext has a market cap of $6.2 billion and is currently trading around $25.05, with a 52-week range of $21.80 to $31.25. The dividend amount is 30 cents per share, which is 4.79% dividend yield. The Ex-Dividend date is September 12, 2012, Record date is September 14, 2012, and the dividend payout date is September 28, 2012. The stock has -4.02% returns for the year 2012.

8. Aimia Inc (OTCPK:GAPFF): Aimia Inc operates as a loyalty management company in Canada and internationally. Aimia Inc has a market cap of $2.5 billion and is currently trading around $14.53, with a 52-week range of $10.32 to $14.53. The dividend amount is 16 cents per share, which is 4.47% dividend yield. The Ex-Dividend date is September 12, 2012, Record date is September 14, 2012 and the dividend payout date is September 28, 2012. The stock has 25.15% returns for the year 2012.

9. Constellation Software Inc (OTCPK:CNSWF): Constellation Software Inc engages in the development, installation, and customization of enterprise software and related professional services and support. Constellation Software has a market cap of $2.1 billion and is currently trading around $100.73, with a 52-week range of $67.83 to $100.73. The dividend amount is 1 per share, which is 3.97% dividend yield. The Ex-Dividend date is September 13, 2012, Record date is September 17, 2012 and the dividend payout date is October 03, 2012. The stock has 34.69% returns for the year 2012.

10. UGI Corporation (UGI): UGI Corporation distributes and markets energy products and related services in the United States and internationally. UGI Corporation has a market cap of $3.4 billion and is currently trading around $30.48, with a 52-week range of $24.07 to $31.51. The dividend amount is 27 cents per share, which is 3.54% dividend yield. The Ex-Dividend date is September 12, 2012, Record date is September 14, 2012, and the dividend payout date is October 01, 2012. The stock has 3.67% returns for the year 2012.

11. Golar LNG Limited (GLNG): Golar LNG Limited is a mid-stream liquefied natural gas (LNG) company, engages in the transportation, regasification, and liquefaction and trading of LNG. Golar LNG Ltd has a market cap of $3.1 billion and is currently trading around $39.13, with a 52 week range of $27.71 to $47.82. The dividend amount is 40 cents per share, which is 3.52% dividend yield. The Ex-Dividend date is September 11, 2012, Record date is September 13, 2012, and the dividend payout date is September 27, 2012. The stock has -11.99% returns for the year 2012.

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

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: Mid Caps With Over 3.5% Yields Going Ex-Dividend The Second Week Of September