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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 (October 08 to October 12). 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 October 08, 2012 and October 12, 2012

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


(Click to enlarge)

1. SAIC Inc (SAI): SAIC Inc provides scientific, engineering, systems integration, and technical services and solutions to agencies of the U.S. Department of Defense, the intelligence community, the U.S. Department of Homeland Security, other U.S. SAIC Inc has a market cap of $3.9 billion and is currently trading around $11.36 with a 52 week range of $10.31 to $14.20. The dividend amount is 12 cents per share which is 4.22% dividend yield. The Ex-Dividend date is October 11, 2012, Record date is October 15, 2012 and the dividend payout date is October 30, 2012. The stock has -7.57% returns for the year 2012.

2. RPM International Inc (RPM): RPM International manufactures and sells specialty chemical products to industrial and consumer markets in the United States and internationally. RPM International has a market cap of $3.6 billion and is currently trading around $27.18 with a 52 week range of $20.04 to $29.47. The dividend amount is 22.5 cents per share which is 3.31% dividend yield. The Ex-Dividend date is October 11, 2012, Record date is October 15, 2012 and the dividend payout date is October 31, 2012. The stock has 10.71% returns for the year 2012.

3. Waddell & Reed Financial Inc (WDR): Waddell & Reed Financial provides investment management, investment product underwriting and distribution, and shareholder services administration to mutual funds, and institutional and separately managed accounts in the United States. Waddell & Reed Financial has a market cap of $2.8 billion and is currently trading around $32.09 with a 52 week range of $23.41 to $34.04. The dividend amount is 25 cents per share which is 3.12% dividend yield. The Ex-Dividend date is October 09, 2012, Record date is October 11, 2012 and the dividend payout date is November 01, 2012. The stock has 29.55% returns for the year 2012.

4. Watsco Inc (WSO): Watsco Inc engages in the distribution of air conditioning, heating, and refrigeration equipment in the United States. Watsco Inc has a market cap of $2.4 billion and is currently trading around $80.12 with a 52 week range of $55.62 to $80.34. The dividend amount is 62 cents per share which is 3.1% dividend yield. The Ex-Dividend date is October 11, 2012, Record date is October 15, 2012 and the dividend payout date is October 31, 2012. The stock has 22.02% returns for the year 2012.

5. Jefferies Group Inc (JEF): Jefferies Group Inc operates as a securities and investment banking company in the Americas, Europe, and Asia. Jefferies Group has a market cap of $2.9 billion and is currently trading around $14.19 with a 52 week range of $9.50 to $19.82. The dividend amount is 7.5 cents per share which is 2.11% dividend yield. The Ex-Dividend date is October 11, 2012, Record date is October 15, 2012 and the dividend payout date is November 15, 2012. The stock has 3.2% returns for the year 2012.

6. American Financial Group Inc (AFG): American Financial Group Inc provides property and casualty insurance, and annuity and supplemental insurance products in the United States. American Financial has a market cap of $3.6 billion and is currently trading around $38.56 with a 52 week range of $31.92 to $40.54. The dividend amount is 19.5 cents per share which is 2.02% dividend yield. The Ex-Dividend date is October 11, 2012, Record date is October 15, 2012 and the dividend payout date is October 25, 2012. The stock has 4.53% returns for the year 2012.

7. Foot Locker Inc (FL): Foot Locker operates as a retailer of athletic footwear and apparel. Foot Locker has a market cap of $5.4 billion and is currently trading around $35.65 with a 52 week range of $20.10 to $37.65. The dividend amount is 18 cents per share which is 2.02% dividend yield. The Ex-Dividend date is October 10, 2012, Record date is October 12, 2012 and the dividend payout date is October 26, 2012. The stock has 49.54% returns for the year 2012.

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

Source: Mid Caps With Over 2% Yields Going Ex-Dividend The Second Week Of October