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The 5 Best Yielding Ex-Dividend Stocks on July 10, 2013

Buying stocks before the ex-dividend date is simple. If you buy a stock before the ex-dividend date and hold them, 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.

Each day I create a full list of stocks with payment dates can be found here: Ex-Dividend Stocks July 10, 2013. In total, 15 stocks and preferred shares go ex-dividend, of which five yield more than 3 percent. The average yield amounts to 4.05%.

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:

1. MFA Financial has a market capitalization of $2.93 billion and operates within the diversified REIT industry.

MFA Financial stock has a current operating margin of 57.30% and the debt to equity ratio amounts to 2.92. Earnings per share are expected to grow by 4.83% for the next year and 4.50% for the upcoming five years.

These are the market ratios of the company: P/E Ratio: 10.10, Forward P/E Ratio: 9.19, P/S Ratio: 5.88, P/B Ratio: 0.90, Dividend Yield: 10.76%.

2. RAIT Financial Trust has a market capitalization of $449.70 million and operates within the diversified REIT industry.

The RAIT Financial Trust stock has a current operating margin of 17.00% and the debt to equity ratio amounts to 2.47. Earnings per share are expected to grow by 44.05% for the next year and 13.50% for the upcoming five years.

These are the market ratios of the company: P/E Ratio: not calculable, Forward P/E Ratio: 6.16, P/S Ratio: 1.83, P/B Ratio: 0.59, Dividend Yield: 6.98%.

3. Kayne Anderson Energy Development Company has a market capitalization of $271.27 million and operates within the Asset Management industry.

The Kayne Anderson Energy Development Company stock has a current operating margin of 32.40% and the debt to equity ratio amounts to 0.29. Earnings per share are expected to grow by 6.38% for the next year and 3.00% for the upcoming five years.

These are the market ratios of the company: P/E Ratio: 11.04, Forward P/E Ratio: 10.12, P/S Ratio: 25.12, P/B Ratio: 1.10, Dividend Yield: 6.81%.

4. Ennis has a market capitalization of $478.06 million and operates within the Office Supplies industry.

The Ennis stock has a current operating margin of 9.00% and the debt to equity ratio amounts to 0.12. Earnings per share are expected to grow by 22.63% for the next year and 17.00% for the upcoming five years.

These are the market ratios of the company: P/E Ratio: 16.25, Forward P/E Ratio: 10.93, P/S Ratio: 0.90, P/B Ratio: 1.29, Dividend Yield: 3.81%.

5. Potash Corp. of Saskatchewan has a market capitalization of $33.34 billion and operates within the Agricultural Chemicals industry.

The Potash Corp. of Saskatchewan stock has a current operating margin of 37.00% and the debt to equity ratio amounts to 0.39. Earnings per share are expected to grow by 9.90% for the next year and 7.68% for the upcoming five years.

These are the market ratios of the company: P/E Ratio: 15.73, Forward P/E Ratio: 11.93, P/S Ratio: 4.03, P/B Ratio: 3.19, Dividend Yield: 3.63%.

About the author:

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

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