The Best Ex-Dividend Stocks On January 17, 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.

A full list of all stocks with payment dates can be found here: Ex-Dividend Stocks January 17, 2013. In total, 6 stocks and preferred shares go ex dividend - of which 1 yield more than 3 percent. The average yield amounts to 2.52%.

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 cheapest ex-dividend stocks:

PennantPark Floating Rate Capital Ltd. (PFLT) operates within the Closed-End Fund - Debt industry.

Earnings per share are expected to grow by 0.91% for the next year.

These are the market ratios of the company: Forward P/E Ratio: 11.98, Dividend Yield: 7.45%.

PNM Resources, Inc. (PNM) has a market capitalization of $1.62 Billion and operates within the Diversified Utilities industry.

The PNM Resources, Inc. stock has a current operating margin of 22.00% and the debt to equity ratio amounts to 1.09.

Earnings per share are expected to grow by 6.15% for the next year and 9.55% for the upcoming five years.

These are the market ratios of the company: P/E Ratio: 7.99, Forward P/E Ratio: 14.76, P/S Ratio: 1.19, P/B Ratio: 0.99, Dividend Yield: 2.85%.

Hormel Foods Corp. (HRL) has a market capitalization of $9.08 Billion and operates within the Meat Products industry.

The Hormel Foods Corp. stock has a current operating margin of 9.29% and the debt to equity ratio amounts to 0.09.

Earnings per share are expected to grow by 11.73% for the next year and 10.00% for the upcoming five years.

These are the market ratios of the company: P/E Ratio: 18.52, Forward P/E Ratio: 15.73, P/S Ratio: 1.10, P/B Ratio: 3.22, Dividend Yield: 1.97%.

Graco Inc. (GGG) has a market capitalization of $3.23 Billion and operates within the Diversified Machinery industry.

The Graco Inc. stock has a current operating margin of 21.98% and the debt to equity ratio amounts to 1.40.

Earnings per share are expected to grow by 19.67% for the next year and 8.50% for the upcoming five years.

These are the market ratios of the company: P/E Ratio: 23.66, Forward P/E Ratio: 18.62, P/S Ratio: 3.32, P/B Ratio: 7.56, Dividend Yield: 1.88%.

Apache Corp. (APA) has a market capitalization of $31.46 Billion and operates within the Independent Oil & Gas industry.

The Apache Corp. stock has a current operating margin of 30.48% and the debt to equity ratio amounts to 0.38.

Earnings per share are expected to grow by -0.10% for the next year and 5.28% for the upcoming five years.

These are the market ratios of the company: P/E Ratio: 12.86, Forward P/E Ratio: 8.36, P/S Ratio: 1.85, P/B Ratio: 1.02, Dividend Yield: 0.85%.

CR Bard Inc. (BCR) has a market capitalization of $8.40 Billion and operates within the Medical Instruments & Supplies industry.

The CR Bard Inc. stock has a current operating margin of 23.65% and the debt to equity ratio amounts to 0.68.

Earnings per share are expected to grow by 4.89% for the next year and 8.66% for the upcoming five years.

These are the market ratios of the company: P/E Ratio: 17.17, Forward P/E Ratio: 14.87, P/S Ratio: 2.85, P/B Ratio: 4.43, Dividend Yield: 0.78%.

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