The Best Yielding Ex-Dividend Stocks On March 22, 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 March 22, 2013. In total, 2 stocks and preferred shares go ex dividend - of which one yield more than 3 percent. The average yield amounts to 3.83%.

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:

Delek US Holdings (DK) has a market capitalization of $2.35 Billion and operates within the Oil & Gas Refining & Marketing industry.

The Delek US Holdings Inc. stock has a current operating margin of 4.34% and the debt to equity ratio amounts to 0.44. Earnings per share are expected to grow by -17.26% for the next year and 10.85% for the upcoming five years.

These are the market ratios of the company: P/E Ratio: 11.25, Forward P/E Ratio: 10.53, P/S Ratio: 0.28, P/B Ratio: 2.61, Dividend Yield: 1.02%.

Oi SA (OIBR) has a market capitalization of $2.10 Billion and operates within the Diversified Communication Services industry.

The Oi SA stock has a current operating margin of -14.27% and the debt to equity ratio amounts to 0.40. Earnings per share are expected to grow by 27.10% for the upcoming five years.

These are the market ratios of the company: P/E Ratio: -, Forward P/E Ratio: -, P/S Ratio: 0.38, P/B Ratio: 0.28, Dividend Yield: 7.38%.

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