Here is a current overview of the best yielding stocks with a market capitalization over USD 10 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 on July 02 - 08, 2012. In total, 96 stocks and preferred shares go ex-dividend of which 48 yielding above 3 percent. The average yield amounts to 3.50 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:

Banco Bilbao Vizcaya Argentaria (BBVA) has a market capitalization of USD 36.36 billion and operates within the “Foreign Regional Banks” industry. These are the market ratios of the company: P/E Ratio: 9.55, Forward P/E Ratio: 6.61, P/S Ratio: 2.05, P/B Ratio: 0.69, Dividend Yield: 7.94%.

Verizon Communications (VZ) has a market capitalization of USD 126.25 billion and operates within the “Telecom Services - Domestic” industry. These are the market ratios of the company: P/E Ratio: 47.78, Forward P/E Ratio: 15.93, P/S Ratio: 1.13, P/B Ratio: 3.44, Dividend Yield: 4.50%.

Bristol-Myers Squibb Company (BMY) has a market capitalization of USD 60.72 billion and operates within the “Drug Manufacturers - Major” industry. These are the market ratios of the company: P/E Ratio: 16.12, Forward P/E Ratio: 18.72, P/S Ratio: 2.83, P/B Ratio: 3.71, Dividend Yield: 3.78%.

Sysco (SYY) has a market capitalization of USD 17.46 billion and operates within the “Food Wholesale” industry. These are the market ratios of the company: P/E Ratio: 15.29, Forward P/E Ratio: 14.90, P/S Ratio: 0.42, P/B Ratio: 3.58, Dividend Yield: 3.62%.

Taiwan Semiconductor Manufacturing (TSM) has a market capitalization of USD 72.37 billion and operates within the “Semiconductor - Integrated Circuits” industry. These are the market ratios of the company: P/E Ratio: 16.23, Forward P/E Ratio: 12.46, P/S Ratio: 5.07, P/B Ratio: 3.45, Dividend Yield: 3.60%.

The Toronto-Dominion Bank (TD) has a market capitalization of USD 71.22 billion and operates within the “Money Center Banks” industry. These are the market ratios of the company: P/E Ratio: 12.15, Forward P/E Ratio: 9.71, P/S Ratio: 3.58, P/B Ratio: 1.76, Dividend Yield: 3.59%.

Raytheon (RTN) has a market capitalization of USD 18.86 billion and operates within the “Aerospace/Defense - Major Diversified” industry. These are the market ratios of the company: P/E Ratio: 10.18, Forward P/E Ratio: 10.11, P/S Ratio: 0.76, P/B Ratio: 2.26, Dividend Yield: 3.53%.

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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