Here is a current overview of best yielding stocks with a market capitalization over USD2 billion that have their ex-dividend date on the next trading day. If your broker settles your trade today, you will receive the next dividend. A full list of all stocks with ex-dividend date can be found here: Ex-Dividend Stocks April 02, 2012. In total, 37 stocks and preferred shares go ex-dividend of which 12 yielding above 3 percent. The average yield amounts to 3.19 percent.

The ex-dividend date is a major date related to the payment of dividends. If you purchase a stock on its ex-dividend date or later, you will not receive the next dividend payment. Instead, the seller gets the dividend. If you purchase before the ex-dividend date, you get the dividend. It is important that your broker settles your trade before the ex-dividend date.

These are the results of the best yielding stocks:

Bristol-Myers Squibb Company (BMY) has a market capitalization of USD56.95 billion and operates within the “Drug Manufacturers - Major” industry. These are the market ratios of the company:

P/E Ratio: 15.63
Forward P/E Ratio: 17.40
P/S Ratio: 2.68
P/B Ratio: 3.57
Dividend Yield: 4.03%

Sysco Corp. (SYY) has a market capitalization of USD17.46 billion and operates within the “Food Wholesale” industry. These are the market ratios of the company:

P/E Ratio: 15.31
Forward P/E Ratio: 14.43
P/S Ratio: 0.43
P/B Ratio: 3.72
Dividend Yield: 3.62%

Erie Indemnity (ERIE) has a market capitalization of USD3.72 billion and operates within the “Insurance Brokers” industry. These are the market ratios of the company:

P/E Ratio: 25.47
Forward P/E Ratio: 22.14
P/S Ratio: 0.77
P/B Ratio: 4.78
Dividend Yield: 2.84%

JPMorgan Chase & Co. (JPM) has a market capitalization of USD175.52 billion and operates within the “Money Center Banks” industry. These are the market ratios of the company:

P/E Ratio: 10.29
Forward P/E Ratio: 8.38
P/S Ratio: 2.86
P/B Ratio: 0.95
Dividend Yield: 2.61%

Medtronic (MDT) has a market capitalization of USD40.78 billion and operates within the “Medical Appliances & Equipment” industry. These are the market ratios of the company:

P/E Ratio: 12.68
Forward P/E Ratio: 10.71
P/S Ratio: 2.52
P/B Ratio: 2.38
Dividend Yield: 2.48%

Gentex Corp. (GNTX) has a market capitalization of USD3.53 billion and operates within the “Auto Parts” industry. These are the market ratios of the company:

P/E Ratio: 21.49
Forward P/E Ratio: 16.33
P/S Ratio: 3.45
P/B Ratio: 3.44
Dividend Yield: 2.12%

Gap (GPS) has a market capitalization of USD12.75 billion and operates within the “Apparel Stores” industry. These are the market ratios of the company:

P/E Ratio: 16.65
Forward P/E Ratio: 12.75
P/S Ratio: 0.88
P/B Ratio: 4.60
Dividend Yield: 1.91%

Cisco Systems (CSCO) has a market capitalization of USD113.91 billion and operates within the “Networking & Communication Devices” industry. These are the market ratios of the company:

P/E Ratio: 16.52
Forward P/E Ratio: 10.63
P/S Ratio: 2.54
P/B Ratio: 2.31
Dividend Yield: 1.51%

Monsanto (MON) has a market capitalization of USD42.70 billion and operates within the “Agricultural Chemicals” industry. These are the market ratios of the company:

P/E Ratio: 25.08
Forward P/E Ratio: 19.60
P/S Ratio: 3.44
P/B Ratio: 3.87
Dividend Yield: 1.50%

How Safe Are Your Dividends?

The most important thing for income investors is to make sure their dividends are safe. Check to see if your dividend stocks are also in the portfolios of investment Gurus.

Click Here to See the Top Guru Dividend Stocks

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