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 17 to September 21). 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 2%
Ex-Dividend Date: Between September 17, 2012 and September 21, 2012
The following chart shows the dividend summary for these mid-cap companies:
Click to enlarge
1. Pembina Pipeline Corporation (PBA): Pembina Pipeline Corporation operates as an energy transportation and service provider company in Canada. The company operates in four segments: Conventional Pipelines, Oil Sands & Heavy Oil, Midstream & Marketing, and Gas Services. Pembina Pipeline Corp has a market cap of $7.9 billion and is currently trading around $27.31 with a 52-week range of $22.19 to $30.93. The dividend amount is 13.5 cents per share, which is 6.06% dividend yield. The Ex-Dividend date is September 21, 2012, Record date is September 25, 2012, and the dividend payout date is October 15, 2012. The stock has -6.39% returns for the year 2012.
2. Safeway Inc (SWY): Safeway Inc, together with its subsidiaries, operates as a food and drug retailer in North America. Safeway has a market cap of $3.9 billion and is currently trading around $16.33, with a 52-week range of $14.73 to $23.16. The dividend amount is 17.5 cents per share, which is 4.29% dividend yield. The Ex-Dividend date is September 18, 2012, Record date is September 20, 2012, and the dividend payout date is October 11, 2012. The stock has -22.43% returns for the year 2012.
3. Cincinnati Financial Corporation (CINF): Cincinnati Financial Corporation engages in the property casualty insurance business in the United States. Cincinnati Financial Corp has a market cap of $6.3 billion and is currently trading around $38.69, with a 52-week range of $24.66 to $39.88. The dividend amount is 40.75 cents per share which is 4.21% dividend yield. The Ex-Dividend date is September 17, 2012, Record date is September 19, 2012, and the dividend payout date is October 15, 2012. The stock has 27.08% returns for the year 2012.
4. Portland General Electric Company (POR): Portland General Electric Company is an integrated electric utility, engages in the generation, purchase, transmission, distribution, and retail sale of electricity in the state of Oregon. Portland General Electric has a market cap of $2.1 billion and is currently trading around $27.45, with a 52-week range of $22.27 to $27.92. The dividend amount is 27 cents per share, which is 3.93% dividend yield. The Ex-Dividend date is September 21, 2012, Record date is September 25, 2012 and the dividend payout date is October 15, 2012. The stock has 8.54% returns for the year 2012.
5. Iron Mountain Inc (IRM): Iron Mountain Inc provides information management services primarily in North America, Europe, Latin America, and the Asia Pacific. Iron Mountain Inc has a market cap of $5.7 billion and is currently trading around $32.99, with a 52-week range of $27.10 to $34.77. The dividend amount is 27 cents per share, which is 3.27% dividend yield. The Ex-Dividend date is September 21, 2012, Record date is September 25, 2012, and the dividend payout date is October 15, 2012. The stock has 7.11% returns for the year 2012.
6. Ensign Energy Services Inc (ESVIF.PK): Ensign Energy Services Inc provides oilfield services to the crude oil and natural gas industry in Canada, the United States, and internationally. Ensign Energy Services has a market cap of $2.4 billion and is currently trading around $15.64, with a 52-week range of $11.68 to $18.04. The dividend amount is 10.5 cents per share, which is 2.74% dividend yield. The Ex-Dividend date is September 18, 2012, Record date is September 20, 2012, and the dividend payout date is October 05, 2012. The stock has -1.7% returns for the year 2012.
7. Tupperware Brands Corporation (TUP): Tupperware Brands Corporation operates as a direct seller of various products across a range of brands and categories through an independent sales force worldwide. Tupperware Brands has a market cap of $3.1 billion and is currently trading around $55.09, with a 52-week range of $49.86 to $65.38. The dividend amount is 36 cents per share, which is 2.61% dividend yield. The Ex-Dividend date is September 17, 2012, Record date is September 19, 2012, and the dividend payout date is October 05, 2012. The stock has -1.57% returns for the year 2012.
8. Allegheny Technologies Inc (ATI): Allegheny Technologies Inc engages in the production of specialty metals worldwide. Allegheny Technologies has a market cap of $3.5 billion and is currently trading around $32.22 with a 52 week range of $27.61 to $53.00. The dividend amount is 18 cents per share, which is 2.24% dividend yield. The Ex-Dividend date is September 17, 2012, Record date is September 19, 2012, and the dividend payout date is September 28, 2012. The stock has -32.59% returns for the year 2012.
9. International Flavors & Fragrances (IFF): International Flavors & Fragrances creates, manufactures, and supplies flavor and fragrance products worldwide. International Flavors & Fragrances has a market cap of $5.0 billion and is currently trading around $61.29, with a 52-week range of $51.20 to $63.78. The dividend amount is 34 cents per share which is 2.22% dividend yield. The Ex-Dividend date is September 17, 2012, Record date is September 19, 2012, and the dividend payout date is October 03, 2012. The stock has 16.92% returns for the year 2012.
10. Tiffany & Co (TIF): Tiffany & Co engages in the design, manufacture, and retail of fine jewelry worldwide. Tiffany has a market cap of $7.9 billion and is currently trading around $62.64, with a 52-week range of $49.72 to $80.99. The dividend amount is 32 cents per share which is 2.04% dividend yield. The Ex-Dividend date is September 18, 2012, Record date is September 20, 2012, and the dividend payout date is October 10, 2012. The stock has -5.46% returns for the year 2012.
Sources: Some of the data is sourced from Google Finance, Yahoo Finance, Fidelity, TD Ameritrade and investor sites.
