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. 216 common and preferred shares have their ex-dividend date between September 10 and September 16. Exactly 37 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 $2 billion and a dividend yield below 10%. These are the results:
1. Ares Capital (ARCC) has a market capitalization of $3.87 billion. The company generates revenue of $634.49 million and has a net income of $319.45 million. The firm's EBITDA amounts to $393.95 million. The EBITDA margin is 62.09% (operating margin 42.64% and net profit margin 50.35%).
The total debt represents 38.49% of the company's assets and the total debt in relation to the equity amounts to 65.89%. Last fiscal year, a return on equity of 10.31% was realized. Twelve trailing months earnings per share reached a value of $1.67. Last fiscal year, the company paid $1.41 in form of dividends to shareholders. The ex-dividend date is on September 12, 2012.
Here are the price ratios of the company: The P/E ratio is 10.43, Price/Sales 6.10 and Price/Book ratio 1.14. Dividend Yield: 8.73%. The beta ratio is 1.78.
2. Valley National Bancorp (VLY) has a market capitalization of $2.02 billion. The company generates revenue of $673.82 million and has a net income of $133.65 million. The firm's EBITDA amounts to $353.73 million. The EBITDA margin is 52.49% (operating margin 33.59% and net profit margin 22.76%).
The total debt represents 7.64% of the company's assets and the total debt in relation to the equity amounts to 85.91%. Last fiscal year, a return on equity of 10.44% was realized. Twelve trailing months earnings per share reached a value of $0.68. Last fiscal year, the company paid $0.66 in form of dividends to shareholders. The ex-dividend date is on September 12, 2012.
Here are the price ratios of the company: The P/E ratio is 15.09, Price/Sales 3.44 and Price/Book ratio 1.52. Dividend Yield: 6.35%. The beta ratio is 0.84.
3. Mercury General (MCY) has a market capitalization of $2.13 billion. The company generates revenue of $2,777.28 million and has a net income of $191.16 million. The firm's EBITDA amounts to $988.78 million. The EBITDA margin is 35.60% (operating margin 8.83% and net profit margin 6.88%).
The total debt represents 3.44% of the company's assets and the total debt in relation to the equity amounts to 7.54%. Last fiscal year, a return on equity of 10.47% was realized. Twelve trailing months earnings per share reached a value of $2.62. Last fiscal year, the company paid $2.41 in form of dividends to shareholders. The ex-dividend date is on September 12, 2012.
Here are the price ratios of the company: The P/E ratio is 14.81, Price/Sales 0.77 and Price/Book ratio 1.14. Dividend Yield: 6.30%. The beta ratio is 0.77.
4. Investors Real Estate Trust (IRETP) has a market capitalization of $934.86 million. The company generates revenue of $241.79 million and has a net income of $9.91 million. The firm's EBITDA amounts to $131.29 million. The EBITDA margin is 54.30% (operating margin 30.70% and net profit margin 4.10%).
The total debt represents 63.45% of the company's assets and the total debt in relation to the equity amounts to 251.20%. Last fiscal year, a return on equity of 1.54% was realized. Twelve trailing months earnings per share reached a value of $0.07. Last fiscal year, the company paid $0.56 in form of dividends to shareholders. The ex-dividend date is on September 13, 2012.
Here are the price ratios of the company: The P/E ratio is 374.05, Price/Sales 3.88 and Price/Book ratio 1.87. Dividend Yield: 6.12%. The beta ratio is 0.40.
5. Altria Group (MO) has a market capitalization of $69.67 billion. The company generates revenue of $23,800.00 million and has a net income of $3,393.00 million. The firm's EBITDA amounts to $6,321.00 million. The EBITDA margin is 26.56% (operating margin 25.50% and net profit margin 14.26%).
The total debt represents 37.04% of the company's assets and the total debt in relation to the equity amounts to 371.98%. Last fiscal year, a return on equity of 76.13% was realized. Twelve trailing months earnings per share reached a value of $2.16. Last fiscal year, the company paid $1.58 in form of dividends to shareholders. The ex-dividend date is on September 12, 2012.
Here are the price ratios of the company: The P/E ratio is 15.83, Price/Sales 2.93 and Price/Book ratio 19.04. Dividend Yield: 5.14%. The beta ratio is 0.40.
6. BCE (BCE) has a market capitalization of $34.89 billion. The company generates revenue of $19,929.47 million and has a net income of $2,631.10 million. The firm's EBITDA amounts to $7,347.44 million. The EBITDA margin is 36.87% (operating margin 16.89% and net profit margin 13.20%).
The total debt represents 37.61% of the company's assets and the total debt in relation to the equity amounts to 107.61%. Last fiscal year, a return on equity of 24.61% was realized. Twelve trailing months earnings per share reached a value of $3.26. Last fiscal year, the company paid $2.09 in form of dividends to shareholders. The ex-dividend date is on September 12, 2012.
Here are the price ratios of the company: The P/E ratio is 13.83, Price/Sales 1.75 and Price/Book ratio 3.21. Dividend Yield: 5.06%. The beta ratio is 0.80.
Disclosure: I am long MO.
