1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
Dividend
Dividend
Articles (980)  | Author's Website |

The Best-Yielding Ex-Dividend Stocks on Jan. 31, 2013

January 30, 2013 | About:

Buying stocks before the ex-dividend date is simple. If you buy a stock before the ex-dividend date and hold it, you will receive the next dividend. Buying high yielding stocks is not a one-way strategy to high returns.

In addition to high returns, the valuation should be fair. This is the main reason why I screen every day tomorrow’s best ex-dividend stocks by yield and market capitalization.

A full list of all stocks with payment dates can be found here: Ex-Dividend Stocks January 31, 2013. In total, four stocks and preferred shares go ex dividend, of which two yield more than 3%. The average yield amounts to 4.25%.

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 highest yielding ex-dividend stocks:

Calumet Specialty Products Partners LP (CLMT) has a market capitalization of $2.14 billion and operates within the oil & gas refining & marketing industry.

The Calumet Specialty Products Partners LP stock has a current operating margin of 5.51% and the debt to equity ratio amounts to 1.02. Earnings per share are expected to grow by 7.23% for the next year and 15.70% for the upcoming five years.

These are the market ratios of the company: P/E Ratio: 10.06, Forward P/E Ratio: 8.95, P/S Ratio: 0.48, P/B Ratio: 2.25, Dividend Yield: 7.83%.

Southern Company (SO) has a market capitalization of $39 billion and operates within the electric utilities industry.

The Southern Company stock has a current operating margin of 25.64% and the debt to equity ratio amounts to 1.10. Earnings per share are expected to grow by 6.11% for the next year and 5.07% for the upcoming five years.

These are the market ratios of the company: P/E Ratio: 17.64, Forward P/E Ratio: 16.05, P/S Ratio: 2.36, P/B Ratio: 1.98, Dividend Yield: 4.39%.

Federated National Holding Company (FNHC) has a market capitalization of $45.21 million and operates within the Property & Casualty Insurance industry.

The Federated National Holding Company stock has a current operating margin of 11.96% and the debt to equity ratio amounts to 0.10.

These are the market ratios of the company: P/E Ratio: 8.74, Forward P/E Ratio: N/A, P/S Ratio: 0.69, P/B Ratio: 0.69, Dividend Yield: 1.41%.

Citigroup (C) has a market capitalization of $127.7 billion and operates within the money center banks industry.

The Citigroup Inc. stock has a current operating margin of 11.31% and the debt to equity ratio amounts to 2.66. Earnings per share are expected to grow by 12.83% for the next year and 11.65% for the upcoming five years.

These are the market ratios of the company: P/E Ratio: 16.93, Forward P/E Ratio: 8.12, P/S Ratio: 1.87, P/B Ratio: 0.68, Dividend Yield: 0.09%.

About the author:

Dividend
I am a private full time investor searching for investments and investment ideas.

Visit Dividend's Website


Rating: 4.5/5 (2 votes)

Comments

Please leave your comment:


GuruFocus Mobile App Available


Select portfolio(s):

  • Loading...

Why you are interested?

Your selection and notes will be stored in your portfolio.

Login to add portfolio
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK