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. 94 common and preferred shares have their ex-dividend date between October 01 and October 07. Exactly 10 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. Mack Cali Realty (CLI) has a market capitalization of $2.34 billion. The company generates revenue of $724.28 million and has a net income of $81.39 million. The firm's EBITDA amounts to $398.89 million. The EBITDA margin is 55.07% (operating margin 28.35% and net profit margin 11.24%).
The total debt represents 44.56% of the company's assets and the total debt in relation to the equity amounts to 101.30%. Last fiscal year, a return on equity of 3.85% was realized. Twelve trailing months earnings per share reached a value of $0.80. Last fiscal year, the company paid $1.80 in form of dividends to shareholders. The ex-dividend date is on October 01, 2012.
Here are the price ratios of the company: The P/E ratio is 33.18, Price/Sales 3.26 and Price/Book ratio 1.25. Dividend Yield: 6.69%. The beta ratio is 1.45.
2. Enerplus (ERF) has a market capitalization of $3.28 billion. The company generates revenue of $1,113.22 million and has a net income of $111.62 million. The firm's EBITDA amounts to $637.44 million. The EBITDA margin is 57.26% (operating margin 13.01% and net profit margin 10.03%).
The total debt represents 15.85% of the company's assets and the total debt in relation to the equity amounts to 27.68%. Last fiscal year, a return on equity of 3.31% was realized. Twelve trailing months earnings per share reached a value of $-0.72. Last fiscal year, the company paid $2.20 in form of dividends to shareholders. The ex-dividend date is on October 05, 2012.
Here are the price ratios of the company: The P/E ratio is not calculable, Price/Sales 2.94 and Price/Book ratio 0.90. Dividend Yield: 6.61%. The beta ratio is 1.20.
3. American Realty Capital (ARCT) has a market capitalization of $1.86 billion. The company generates revenue of $129.12 million and has a net income of $-23.96 million. The firm's EBITDA amounts to $84.08 million. The EBITDA margin is 65.12% (operating margin 11.72% and net profit margin -18.55%).
The total debt represents 32.13% of the company's assets and the total debt in relation to the equity amounts to 49.67%. Last fiscal year, a return on equity of -2.70% was realized. Twelve trailing months earnings per share reached a value of $-0.23. Last fiscal year, the company paid $0.27 in form of dividends to shareholders. The ex-dividend date is on October 03, 2012.
Here are the price ratios of the company: The P/E ratio is not calculable, Price/Sales 14.56 and Price/Book ratio 1.53. Dividend Yield: 6.03%. The beta ratio is not calculable.
4. Sun Communities (SUI) has a market capitalization of $1.17 billion. The company generates revenue of $289.18 million and has a net income of $-2.64 million. The firm's EBITDA amounts to $139.65 million. The EBITDA margin is 48.29% (operating margin -0.86% and net profit margin -0.91%).
The total debt represents 102.14% of the company's assets. Twelve trailing months earnings per share reached a value of $0.21. Last fiscal year, the company paid $3.15 in form of dividends to shareholders. The ex-dividend date is on October 05, 2012.
Here are the price ratios of the company: The P/E ratio is 213.77, Price/Sales 4.06 and Price/Book ratio is not calculable. Dividend Yield: 5.68%. The beta ratio is 1.57.
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.
