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 interesting because in the case of a high-yield stock, I can earn at least 1 percent in cash for a short period of investing.
I screened stocks with ex-dividend date within the upcoming week. Fifty-seven common and preferred shares have their ex-dividend date between Oct. 22 and Oct. 28. Exactly 19 of them have a dividend yield above 5 percent. 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. LRR Energy (LRE) has a market capitalization of $436 million. The company generates revenue of $154.02 million and has a net income of $47.85 million. The firm's EBITDA amounts to $460.48 million. The EBITDA margin is 298.97% (operating margin 32.13% and net profit margin 31.07%).
The total debt represents 34.01% of the company's assets and the total debt in relation to the equity amounts to 57.38%. Last fiscal year, a return on equity of 13.71% was realized. Twelve trailing months earnings per share reached a value of $2.45. Last fiscal year, the company paid no dividends to shareholders. The ex-dividend date is on October 26, 2012.
Here are the price ratios of the company: The P/E ratio is 7.93, Price/Sales 2.83 and Price/Book ratio 1.60. Dividend Yield: 9.84%. The beta ratio is not calculable.
2. QR Energy (QRE) has a market capitalization of $922.53 million. The company generates revenue of $259.87 million and has a net income of $61.14 million. The firm's EBITDA amounts to $137.44 million. The EBITDA margin is 52.89% (operating margin 22.74% and net profit margin 23.53%).
The total debt represents 47.30% of the company's assets and the total debt in relation to the equity amounts to 120.53%. Last fiscal year, a return on equity of 1.57% was realized. Twelve trailing months earnings per share reached a value of $1.52. Last fiscal year, the company paid $1.71 in form of dividends to shareholders. The ex-dividend date is on Oct. 25, 2012.
Here are the price ratios of the company: The P/E ratio is 13.61, Price/Sales 3.55 and Price/Book ratio 13.05. Dividend Yield: 9.43%. The beta ratio is not calculable.
3. Compass Diversified Holdings (CODI) has a market capitalization of $752.51 million. The company generates revenue of $777.54 million and has a net income of $-25.97 million. The firm's EBITDA amounts to $46.71 million. The EBITDA margin is 6.01% (operating margin -0.31% and net profit margin -3.34%).
The total debt represents 21.00% of the company's assets and the total debt in relation to the equity amounts to 43.47%. Last fiscal year, a return on equity of -6.52% was realized. Twelve trailing months earnings per share reached a value of $-0.55. Last fiscal year, the company paid $1.44 in form of dividends to shareholders. The ex-dividend date is on Oct. 22, 2012.
Here are the price ratios of the company: The P/E ratio is not calculable, Price/Sales 0.97 and Price/Book ratio 1.51. Dividend Yield: 9.24%. The beta ratio is 1.03.
4. Mesabi Trust (MSB) has a market capitalization of $394.39 million. The company generates revenue of $34.16 million and has a net income of $33.24 million. The firm's EBITDA amounts to $33.24 million. The EBITDA margin is 97.30% (operating margin 97.30% and net profit margin 97.30%).
The trust has no long-term debt. Last fiscal year, a return on equity of 3,291.93% was realized. Twelve trailing months earnings per share reached a value of $2.61. Last fiscal year, the company paid $2.53 in form of dividends to shareholders. The ex-dividend date is on Oct. 26, 2012.
Here are the price ratios of the company: The P/E ratio is 11.50, Price/Sales 11.55 and the Price/Book ratio is not calculable. Dividend Yield: 8.63%. The beta ratio is 1.77.
5. Crestwood Midstream Partners (CMLP) has a market capitalization of $1.15 billion. The company generates revenue of $205.82 million and has a net income of $45.00 million. The firm's EBITDA amounts to $110.08 million. The EBITDA margin is 53.49% (operating margin 35.89% and net profit margin 21.87%).
The total debt represents 50.55% of the company's assets and the total debt in relation to the equity amounts to 113.94%. Last fiscal year, a return on equity of 10.61% was realized. Twelve trailing months earnings per share reached a value of $0.72. Last fiscal year, the company paid $1.87 in form of dividends to shareholders. The ex-dividend date is on Oct. 26, 2012.
Here are the price ratios of the company: The P/E ratio is 33.28, Price/Sales 5.61 and Price/Book ratio 2.14. Dividend Yield: 8.50%. The beta ratio is 0.86.
6. A.F.P Provida (PVD) has a market capitalization of $2.41 billion. The company generates revenue of $315.89 million and has a net income of $166.31 million. The firm's EBITDA amounts to $191.53 million. The EBITDA margin is 60.63% (operating margin 55.15% and net profit margin 52.65%).
The total debt represents 0.11% of the company's assets and the total debt in relation to the equity amounts to 0.14%. Last fiscal year, a return on equity of 26.34% was realized. Twelve trailing months earnings per share reached a value of $8.41. Last fiscal year, the company paid $6.61 in form of dividends to shareholders. The ex-dividend date is on Oct. 26, 2012.
Here are the price ratios of the company: The P/E ratio is 12.99, Price/Sales 7.65 and Price/Book ratio 3.74. Dividend Yield: 7.59%. The beta ratio is 1.23.
7. Teekay Offshore Partners (TOO) has a market capitalization of $1.94 billion. The company generates revenue of $949.06 million and has a net income of $-96.87 million. The firm's EBITDA amounts to $288.40 million. The EBITDA margin is 30.39% (operating margin 10.61% and net profit margin -10.21%).
The total debt represents 64.52% of the company's assets and the total debt in relation to the equity amounts to 456.88%. Last fiscal year, a return on equity of -22.40% was realized. Twelve trailing months earnings per share reached a value of $-1.37. Last fiscal year, the company paid $1.98 in form of dividends to shareholders. The ex-dividend date is on Oct. 22, 2012.
Here are the price ratios of the company: The P/E ratio is not calculable, Price/Sales 2.30 and Price/Book ratio 4.51. Dividend Yield: 7.48%. The beta ratio is 0.63.
8. NGL Energy Partners (NGL) has a market capitalization of $1.25 billion. The company generates revenue of $1,310.47 million and has a net income of $7.86 million. The firm's EBITDA amounts to $32.22 million. The EBITDA margin is 2.46% (operating margin 1.15% and net profit margin 0.60%).
The total debt represents 29.19% of the company's assets and the total debt in relation to the equity amounts to 54.00%. Last fiscal year, a return on equity of 3.48% was realized. Twelve trailing months earnings per share reached a value of $-0.41. Last fiscal year, the company paid $0.85 in form of dividends to shareholders. The ex-dividend date is on Oct. 25, 2012.
Here are the price ratios of the company: The P/E ratio is not calculable, Price/Sales 0.95 and Price/Book ratio 1.76. Dividend Yield: 7.41%. The beta ratio is not calculable.
9. Teekay LNG Partners (TGP) has a market capitalization of $2.44 billion. The company generates revenue of $379.98 million and has a net income of $97.36 million. The firm's EBITDA amounts to $265.42 million. The EBITDA margin is 69.85% (operating margin 45.66% and net profit margin 25.62%).
The total debt represents 55.26% of the company's assets and the total debt in relation to the equity amounts to 177.79%. Last fiscal year, a return on equity of 7.80% was realized. Twelve trailing months earnings per share reached a value of $1.73. Last fiscal year, the company paid $2.52 in form of dividends to shareholders. The ex-dividend date is on Oct. 22, 2012.
Here are the price ratios of the company: The P/E ratio is 21.81, Price/Sales 6.89 and Price/Book ratio 2.19. Dividend Yield: 7.17%. The beta ratio is 0.50.
10. Franklin Street Properties (FSP) has a market capitalization of $938.02 million. The company generates revenue of $139.49 million and has a net income of $17.98 million. The firm's EBITDA amounts to $75.64 million. The EBITDA margin is 54.23% (operating margin 10.42% and net profit margin 12.89%).
The total debt represents 31.87% of the company's assets and the total debt in relation to the equity amounts to 48.73%. Last fiscal year, a return on equity of 1.95% was realized. Twelve trailing months earnings per share reached a value of $0.24. Last fiscal year, the company paid $0.76 in form of dividends to shareholders. The ex-dividend date is on Oct. 24, 2012.
Here are the price ratios of the company: The P/E ratio is 46.92, Price/Sales 6.72 and Price/Book ratio 1.02. Dividend Yield: 6.72%. The beta ratio is 0.95.
11. Fly Leasing (FLY) has a market capitalization of $354.58 million. The company generates revenue of $248.79 million and has a net income of $1.10 million. The firm's EBITDA amounts to $191.60 million. The EBITDA margin is 77.01% (operating margin 2.15% and net profit margin 0.44%).
The total debt represents 72.73% of the company's assets and the total debt in relation to the equity amounts to 525.04%. Last fiscal year, a return on equity of 0.16% was realized. Twelve trailing months earnings per share reached a value of $1.53. Last fiscal year, the company paid $0.80 in form of dividends to shareholders. The ex-dividend date is on October 26, 2012.
Here are the price ratios of the company: The P/E ratio is 8.98, Price/Sales 1.43 and Price/Book ratio 0.80. Dividend Yield: 6.40%. The beta ratio is 1.68.
I screened stocks with ex-dividend date within the upcoming week. Fifty-seven common and preferred shares have their ex-dividend date between Oct. 22 and Oct. 28. Exactly 19 of them have a dividend yield above 5 percent. 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. LRR Energy (LRE) has a market capitalization of $436 million. The company generates revenue of $154.02 million and has a net income of $47.85 million. The firm's EBITDA amounts to $460.48 million. The EBITDA margin is 298.97% (operating margin 32.13% and net profit margin 31.07%).
The total debt represents 34.01% of the company's assets and the total debt in relation to the equity amounts to 57.38%. Last fiscal year, a return on equity of 13.71% was realized. Twelve trailing months earnings per share reached a value of $2.45. Last fiscal year, the company paid no dividends to shareholders. The ex-dividend date is on October 26, 2012.
Here are the price ratios of the company: The P/E ratio is 7.93, Price/Sales 2.83 and Price/Book ratio 1.60. Dividend Yield: 9.84%. The beta ratio is not calculable.
2. QR Energy (QRE) has a market capitalization of $922.53 million. The company generates revenue of $259.87 million and has a net income of $61.14 million. The firm's EBITDA amounts to $137.44 million. The EBITDA margin is 52.89% (operating margin 22.74% and net profit margin 23.53%).
The total debt represents 47.30% of the company's assets and the total debt in relation to the equity amounts to 120.53%. Last fiscal year, a return on equity of 1.57% was realized. Twelve trailing months earnings per share reached a value of $1.52. Last fiscal year, the company paid $1.71 in form of dividends to shareholders. The ex-dividend date is on Oct. 25, 2012.
Here are the price ratios of the company: The P/E ratio is 13.61, Price/Sales 3.55 and Price/Book ratio 13.05. Dividend Yield: 9.43%. The beta ratio is not calculable.
3. Compass Diversified Holdings (CODI) has a market capitalization of $752.51 million. The company generates revenue of $777.54 million and has a net income of $-25.97 million. The firm's EBITDA amounts to $46.71 million. The EBITDA margin is 6.01% (operating margin -0.31% and net profit margin -3.34%).
The total debt represents 21.00% of the company's assets and the total debt in relation to the equity amounts to 43.47%. Last fiscal year, a return on equity of -6.52% was realized. Twelve trailing months earnings per share reached a value of $-0.55. Last fiscal year, the company paid $1.44 in form of dividends to shareholders. The ex-dividend date is on Oct. 22, 2012.
Here are the price ratios of the company: The P/E ratio is not calculable, Price/Sales 0.97 and Price/Book ratio 1.51. Dividend Yield: 9.24%. The beta ratio is 1.03.
4. Mesabi Trust (MSB) has a market capitalization of $394.39 million. The company generates revenue of $34.16 million and has a net income of $33.24 million. The firm's EBITDA amounts to $33.24 million. The EBITDA margin is 97.30% (operating margin 97.30% and net profit margin 97.30%).
The trust has no long-term debt. Last fiscal year, a return on equity of 3,291.93% was realized. Twelve trailing months earnings per share reached a value of $2.61. Last fiscal year, the company paid $2.53 in form of dividends to shareholders. The ex-dividend date is on Oct. 26, 2012.
Here are the price ratios of the company: The P/E ratio is 11.50, Price/Sales 11.55 and the Price/Book ratio is not calculable. Dividend Yield: 8.63%. The beta ratio is 1.77.
5. Crestwood Midstream Partners (CMLP) has a market capitalization of $1.15 billion. The company generates revenue of $205.82 million and has a net income of $45.00 million. The firm's EBITDA amounts to $110.08 million. The EBITDA margin is 53.49% (operating margin 35.89% and net profit margin 21.87%).
The total debt represents 50.55% of the company's assets and the total debt in relation to the equity amounts to 113.94%. Last fiscal year, a return on equity of 10.61% was realized. Twelve trailing months earnings per share reached a value of $0.72. Last fiscal year, the company paid $1.87 in form of dividends to shareholders. The ex-dividend date is on Oct. 26, 2012.
Here are the price ratios of the company: The P/E ratio is 33.28, Price/Sales 5.61 and Price/Book ratio 2.14. Dividend Yield: 8.50%. The beta ratio is 0.86.
6. A.F.P Provida (PVD) has a market capitalization of $2.41 billion. The company generates revenue of $315.89 million and has a net income of $166.31 million. The firm's EBITDA amounts to $191.53 million. The EBITDA margin is 60.63% (operating margin 55.15% and net profit margin 52.65%).
The total debt represents 0.11% of the company's assets and the total debt in relation to the equity amounts to 0.14%. Last fiscal year, a return on equity of 26.34% was realized. Twelve trailing months earnings per share reached a value of $8.41. Last fiscal year, the company paid $6.61 in form of dividends to shareholders. The ex-dividend date is on Oct. 26, 2012.
Here are the price ratios of the company: The P/E ratio is 12.99, Price/Sales 7.65 and Price/Book ratio 3.74. Dividend Yield: 7.59%. The beta ratio is 1.23.
7. Teekay Offshore Partners (TOO) has a market capitalization of $1.94 billion. The company generates revenue of $949.06 million and has a net income of $-96.87 million. The firm's EBITDA amounts to $288.40 million. The EBITDA margin is 30.39% (operating margin 10.61% and net profit margin -10.21%).
The total debt represents 64.52% of the company's assets and the total debt in relation to the equity amounts to 456.88%. Last fiscal year, a return on equity of -22.40% was realized. Twelve trailing months earnings per share reached a value of $-1.37. Last fiscal year, the company paid $1.98 in form of dividends to shareholders. The ex-dividend date is on Oct. 22, 2012.
Here are the price ratios of the company: The P/E ratio is not calculable, Price/Sales 2.30 and Price/Book ratio 4.51. Dividend Yield: 7.48%. The beta ratio is 0.63.
8. NGL Energy Partners (NGL) has a market capitalization of $1.25 billion. The company generates revenue of $1,310.47 million and has a net income of $7.86 million. The firm's EBITDA amounts to $32.22 million. The EBITDA margin is 2.46% (operating margin 1.15% and net profit margin 0.60%).
The total debt represents 29.19% of the company's assets and the total debt in relation to the equity amounts to 54.00%. Last fiscal year, a return on equity of 3.48% was realized. Twelve trailing months earnings per share reached a value of $-0.41. Last fiscal year, the company paid $0.85 in form of dividends to shareholders. The ex-dividend date is on Oct. 25, 2012.
Here are the price ratios of the company: The P/E ratio is not calculable, Price/Sales 0.95 and Price/Book ratio 1.76. Dividend Yield: 7.41%. The beta ratio is not calculable.
9. Teekay LNG Partners (TGP) has a market capitalization of $2.44 billion. The company generates revenue of $379.98 million and has a net income of $97.36 million. The firm's EBITDA amounts to $265.42 million. The EBITDA margin is 69.85% (operating margin 45.66% and net profit margin 25.62%).
The total debt represents 55.26% of the company's assets and the total debt in relation to the equity amounts to 177.79%. Last fiscal year, a return on equity of 7.80% was realized. Twelve trailing months earnings per share reached a value of $1.73. Last fiscal year, the company paid $2.52 in form of dividends to shareholders. The ex-dividend date is on Oct. 22, 2012.
Here are the price ratios of the company: The P/E ratio is 21.81, Price/Sales 6.89 and Price/Book ratio 2.19. Dividend Yield: 7.17%. The beta ratio is 0.50.
10. Franklin Street Properties (FSP) has a market capitalization of $938.02 million. The company generates revenue of $139.49 million and has a net income of $17.98 million. The firm's EBITDA amounts to $75.64 million. The EBITDA margin is 54.23% (operating margin 10.42% and net profit margin 12.89%).
The total debt represents 31.87% of the company's assets and the total debt in relation to the equity amounts to 48.73%. Last fiscal year, a return on equity of 1.95% was realized. Twelve trailing months earnings per share reached a value of $0.24. Last fiscal year, the company paid $0.76 in form of dividends to shareholders. The ex-dividend date is on Oct. 24, 2012.
Here are the price ratios of the company: The P/E ratio is 46.92, Price/Sales 6.72 and Price/Book ratio 1.02. Dividend Yield: 6.72%. The beta ratio is 0.95.
11. Fly Leasing (FLY) has a market capitalization of $354.58 million. The company generates revenue of $248.79 million and has a net income of $1.10 million. The firm's EBITDA amounts to $191.60 million. The EBITDA margin is 77.01% (operating margin 2.15% and net profit margin 0.44%).
The total debt represents 72.73% of the company's assets and the total debt in relation to the equity amounts to 525.04%. Last fiscal year, a return on equity of 0.16% was realized. Twelve trailing months earnings per share reached a value of $1.53. Last fiscal year, the company paid $0.80 in form of dividends to shareholders. The ex-dividend date is on October 26, 2012.
Here are the price ratios of the company: The P/E ratio is 8.98, Price/Sales 1.43 and Price/Book ratio 0.80. Dividend Yield: 6.40%. The beta ratio is 1.68.
