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. 54 common and preferred shares have their ex-dividend date between October 15 and October 21. Exactly 15 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 dividend yield below 10% and a market capitalization over $300 million. These are the results:
1. Hospitality Properties Trust (HPT) has a market capitalization of $2.91 billion. The company generates revenue of $1,210.33 million and has a net income of $190.44 million. The firm's EBITDA amounts to $554.18 million. The EBITDA margin is 45.79% (operating margin 15.85% and net profit margin 15.73%).
The total debt represents 41.21% of the company's assets and the total debt in relation to the equity amounts to 75.58%. Last fiscal year, a return on equity of 6.58% was realized. Twelve trailing months earnings per share reached a value of $1.02. Last fiscal year, the company paid $1.80 in form of dividends to shareholders. The ex-dividend date is on October 18, 2012.
Here are the price ratios of the company: The P/E ratio is 22.96, Price/Sales 2.43 and Price/Book ratio 1.22. Dividend Yield: 7.91%. The beta ratio is 1.46.
2. Dorchester Minerals (DMLP) has a market capitalization of $707.68 million. The company generates revenue of $69.49 million and has a net income of $42.22 million. The firm's EBITDA amounts to $60.53 million. The EBITDA margin is 87.10% (operating margin 60.70% and net profit margin 60.75%).
The company has no long-term debt. Last fiscal year, a return on equity of 28.61% was realized. Twelve trailing months earnings per share reached a value of $1.28. Last fiscal year, the company paid $1.75 in form of dividends to shareholders. The ex-dividend date is on October 18, 2012.
Here are the price ratios of the company: The P/E ratio is 18.00, Price/Sales 10.20 and Price/Book ratio 5.14. Dividend Yield: 7.75%. The beta ratio is 0.45.
3. Pengrowth Energy (PGH) has a market capitalization of $3.22 billion. The company generates revenue of $1,161.03 million and has a net income of $86.41 million. The firm's EBITDA amounts to $639.30 million. The EBITDA margin is 55.06% (operating margin 16.51% and net profit margin 7.44%).
The total debt represents 17.85% of the company's assets and the total debt in relation to the equity amounts to 30.10%. Last fiscal year, a return on equity of 2.59% was realized. Twelve trailing months earnings per share reached a value of $0.05. Last fiscal year, the company paid $0.86 in form of dividends to shareholders. The ex-dividend date is on October 18, 2012.
Here are the price ratios of the company: The P/E ratio is 142.48, Price/Sales 2.84 and Price/Book ratio 0.69. Dividend Yield: 7.55%. The beta ratio is 1.36.
4. Costamare (CMRE) has a market capitalization of $1.03 billion. The company generates revenue of $382.16 million and has a net income of $87.59 million. The firm's EBITDA amounts to $257.47 million. The EBITDA margin is 67.37% (operating margin 44.66% and net profit margin 22.92%).
The total debt represents 72.81% of the company's assets and the total debt in relation to the equity amounts to 437.42%. Last fiscal year, a return on equity of 25.31% was realized. Twelve trailing months earnings per share reached a value of $1.43. Last fiscal year, the company paid $1.02 in form of dividends to shareholders. The ex-dividend date is on October 18, 2012.
Here are the price ratios of the company: The P/E ratio is 10.60, Price/Sales 2.71 and Price/Book ratio 2.79. Dividend Yield: 7.06%. The beta ratio is not calculable.
5. Senior Housing Properties Trust (SNH) has a market capitalization of $3.88 billion. The company generates revenue of $450.02 million and has a net income of $151.42 million. The firm's EBITDA amounts to $340.35 million. The EBITDA margin is 75.63% (operating margin 50.46% and net profit margin 33.65%).
The total debt represents 41.69% of the company's assets and the total debt in relation to the equity amounts to 73.91%. Last fiscal year, a return on equity of 6.58% was realized. Twelve trailing months earnings per share reached a value of $1.03. Last fiscal year, the company paid $1.50 in form of dividends to shareholders. The ex-dividend date is on October 18, 2012.
Here are the price ratios of the company: The P/E ratio is 21.35, Price/Sales 8.68 and Price/Book ratio 1.46. Dividend Yield: 7.05%. The beta ratio is 0.98.
6. Government Properties (GOV) has a market capitalization of $1.15 billion. The company generates revenue of $178.95 million and has a net income of $46.00 million. The firm's EBITDA amounts to $98.10 million. The EBITDA margin is 54.82% (operating margin 32.42% and net profit margin 25.70%).
The total debt represents 32.21% of the company's assets and the total debt in relation to the equity amounts to 49.44%. Last fiscal year, a return on equity of 5.58% was realized. Twelve trailing months earnings per share reached a value of $1.12. Last fiscal year, the company paid $1.67 in form of dividends to shareholders. The ex-dividend date is on October 18, 2012.
Here are the price ratios of the company: The P/E ratio is 21.72, Price/Sales 6.42 and Price/Book ratio 1.29. Dividend Yield: 7.05%. The beta ratio is 0.85.
7. CommonWealth REIT (CWH) has a market capitalization of $1.23 billion. The company generates revenue of $911.95 million and has a net income of $61.81 million. The firm's EBITDA amounts to $517.78 million. The EBITDA margin is 56.78% (operating margin 25.65% and net profit margin 6.78%).
The total debt represents 48.04% of the company's assets and the total debt in relation to the equity amounts to 100.25%. Last fiscal year, a return on equity of 0.55% was realized. Twelve trailing months earnings per share reached a value of $0.35. Last fiscal year, the company paid $2.00 in form of dividends to shareholders. The ex-dividend date is on October 18, 2012.
Here are the price ratios of the company: The P/E ratio is 42.16, Price/Sales 1.39 and Price/Book ratio 0.46. Dividend Yield: 6.58%. The beta ratio is 1.47.
8. Main Street Capital (MAIN) has a market capitalization of $929.08 million. The company generates revenue of $66.24 million and has a net income of $64.11 million. The firm's EBITDA amounts to $52.80 million. The EBITDA margin is 79.70% (operating margin 59.30% and net profit margin 96.78%).
The total debt represents 41.87% of the company's assets and the total debt in relation to the equity amounts to 76.13%. Last fiscal year, a return on equity of 19.34% was realized. Twelve trailing months earnings per share reached a value of $3.37. Last fiscal year, the company paid $1.56 in form of dividends to shareholders. The ex-dividend date is on October 17, 2012.
Here are the price ratios of the company: The P/E ratio is 8.72, Price/Sales 14.09 and Price/Book ratio 1.95. Dividend Yield: 6.09%. The beta ratio is 0.74.
9. Targa Resources Partners (NGLS) has a market capitalization of $3.90 billion. The company generates revenue of $6,987.10 million and has a net income of $245.50 million. The firm's EBITDA amounts to $533.10 million. The EBITDA margin is 7.63% (operating margin 5.08% and net profit margin 3.51%).
The total debt represents 40.40% of the company's assets and the total debt in relation to the equity amounts to 120.85%. Last fiscal year, a return on equity of 15.85% was realized. Twelve trailing months earnings per share reached a value of $2.05. Last fiscal year, the company paid $2.41 in form of dividends to shareholders. The ex-dividend date is on October 18, 2012.
Here are the price ratios of the company: The P/E ratio is 20.95, Price/Sales 0.56 and Price/Book ratio 3.09. Dividend Yield: 6.02%. The beta ratio is 1.21.
10. LTC Properties (LTC) has a market capitalization of $975.86 million. The company generates revenue of $85.16 million and has a net income of $49.67 million. The firm's EBITDA amounts to $75.59 million. The EBITDA margin is 88.77% (operating margin 58.33% and net profit margin 58.33%).
The total debt represents 24.60% of the company's assets and the total debt in relation to the equity amounts to 34.11%. Last fiscal year, a return on equity of 10.59% was realized. Twelve trailing months earnings per share reached a value of $1.57. Last fiscal year, the company paid $1.68 in form of dividends to shareholders. The ex-dividend date is on October 19, 2012.
Here are the price ratios of the company: The P/E ratio is 20.41, Price/Sales 11.39 and Price/Book ratio 2.26. Dividend Yield: 5.84%. The beta ratio is 0.83.
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.
