High-Yield Stocks with Ex-Dividend Date October 2011

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Sep 29, 2011
High-yield investing is popular especially just before the next dividend payout. In order to receive the next dividend, investors must take a look at the ex-dividend date. If you own a share or fund before this day, you will receive the next dividend. I screened interesting high-yield stocks going ex-dividend within the next month — October 2011. As result, 44 stocks remained with an average dividend yield of 6.55%. Here are my three best stocks with double digit yields and a forward P/E ratio of less than 15.


1. Fifth Street Finance (FSC) is acting within the credit services industry. The company has a market capitalization of $669.5 million, generates revenues in an amount of $107.5 million and a net income of $59.3 million. It follows, P/E ratio is 9.8, forward P/E 8.0, P/S 6.2 and P/B ratio 0.9. Dividend Yield: 13.8%. Ex-Div. Date is on Oct. 12, 2011.


2. Cellcom Israel (CEL, Financial) is acting within the wireless communications industry. The company has a market capitalization of $2.1 billion, generates revenues in an amount of $1.8 billion and a net income of $323.5 million. It follows, P/E ratio is 6.4, forward P/E 2.0, P/S 1.2 and P/B ratio 25.9. Dividend Yield: 16.7%. Ex-Div. Date is on Oct. 03, 2011.


3. ARMOUR Residential REIT (ARR) is acting within the residential REIT industry. The company has a market capitalization of $519.1 million, generates revenues in an amount of $25.4 million and a net income of $8.3 million. It follows, P/E ratio is 8.2, forward P/E 5.1, P/S 20.5 and P/B ratio 1.0. Dividend Yield: 19.5%. Ex-Div. Date is on Oct. 12, 2011.


Take a closer look at the full table of high yield stocks with Ex-Dividend Date in October 2011.


Related Stock Ticker Symbols:

CVBF, FNLC, KIM, CLI, RTN, ROMA, CEL, BDN, DCT, FLIC, KRG, CBK, VZ, KCAP, UBP, UBA, SYY, RAS, MAS, BOX, CHG, PGN, BMY, UVV, BKSC, ARR, AEC, MAA, CNSL, SJR, FSC, NWFL, HSC, EBF, MGRC, BFS, MAIN, FRD, NI, CAG, STB, PSEC, FULL, UTL, BMO