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 18, 2013. In total, 4 stocks and preferred shares go ex dividend - of which 2 yield more than 3 percent. The average yield amounts to 2.86%.
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.
The LTC Properties Inc. stock has a current operating margin of 55.73% and the debt to equity ratio amounts to 0.48. Earnings per share are expected to grow by 8.44% for the next year and 5.25% for the upcoming five years.
These are the market ratios of the company: P/E Ratio: 23.25, Forward P/E Ratio: 21.86, P/S Ratio: 12.13, P/B Ratio: 2.40, Dividend Yield: 5.09%.
The Clorox Company (CLX) has a market capitalization of $9.94 Billion and operates within the Housewares & Accessories industry.
The The Clorox Company stock has a current operating margin of 14.51% and the debt to equity ratio is not calculable. Earnings per share are expected to grow by 7.66% for the next year and 7.90% for the upcoming five years.
These are the market ratios of the company: P/E Ratio: 18.36, Forward P/E Ratio: 16.42, P/S Ratio: 1.81, P/B Ratio: not calculable, Dividend Yield: 3.36%.
Lowe's Companies Inc. (LOW) has a market capitalization of $40.23 Billion and operates within the Home Improvement Stores industry.
The Lowe's Companies Inc. stock has a current operating margin of 6.20% and the debt to equity ratio amounts to 0.64. Earnings per share are expected to grow by 20.93% for the next year and 15.49% for the upcoming five years.
These are the market ratios of the company: P/E Ratio: 21.29, Forward P/E Ratio: 17.20, P/S Ratio: 0.79, P/B Ratio: 2.83, Dividend Yield: 1.79%.
West Pharmaceutical Services, Inc. (WST) has a market capitalization of $1.87 Billion and operates within the Medical Instruments & Supplies industry.
The West Pharmaceutical Services, Inc. stock has a current operating margin of 9.59% and the debt to equity ratio amounts to 0.56. Earnings per share are expected to grow by 10.70% for the next year and 16.00% for the upcoming five years.
These are the market ratios of the company: P/E Ratio: 24.57, Forward P/E Ratio: 18.27, P/S Ratio: 1.51, P/B Ratio: 2.61, Dividend Yield: 1.39%.