Here is a current overview of the 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 May 15, 2012. In total, 36 stocks and preferred shares go ex-dividend of which 15 are yielding above 3 percent. The average yield amounts to 4.10 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:

Telefonica (TEF) has a market capitalization of USD64.76 billion and operates within the “Telecom Services - Foreign” industry. These are the market ratios of the company: P/E Ratio: 3.06, Forward P/E Ratio: 7.02, P/S Ratio: 0.80, P/B Ratio: 2.27, Dividend Yield: 15.05%.

Westpac Banking Corporation (WBK) has a market capitalization of USD69.81 billion and operates within the “Foreign Money Center Banks” industry. These are the market ratios of the company: P/E Ratio: 11.92, Forward P/E Ratio: 10.49, P/S Ratio: 1.82, P/B Ratio: 1.59, Dividend Yield: 7.15%.

Cablevision Systems Corporation (CVC) has a market capitalization of USD3.41 billion and operates within the “CATV Systems” industry. These are the market ratios of the company: P/E Ratio: 15.51, Forward P/E Ratio: 12.31, P/S Ratio: 0.51, P/B Ratio: -, Dividend Yield: 4.78%.

Avon Products (AVP) has a market capitalization of USD8.72 billion and operates within the “Personal Products” industry. These are the market ratios of the company: P/E Ratio: 22.43, Forward P/E Ratio: 16.55, P/S Ratio: 0.78, P/B Ratio: 5.34, Dividend Yield: 4.56%.

Microchip Technology (MCHP) has a market capitalization of USD6.13 billion and operates within the “Semiconductor - Specialized” industry. These are the market ratios of the company: P/E Ratio: 19.33, Forward P/E Ratio: 14.05, P/S Ratio: 4.43, P/B Ratio: 3.08, Dividend Yield: 4.39%.

Enersis S.A. (ENI) has a market capitalization of USD12.76 billion and operates within the “Foreign Utilities” industry. These are the market ratios of the company: P/E Ratio: 16.15, Forward P/E Ratio: 14.26, P/S Ratio: 0.94, P/B Ratio: 1.57, Dividend Yield: 3.05%.

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.

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