The Best Yielding Ex-Dividend Stocks On March 21, 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 21, 2013. In total, 8 stocks and preferred shares go ex dividend - of which 4 yield more than 3 percent. The average yield amounts to 3.60%.

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:

CYS Investments (CYS) has a market capitalization of $2.10 Billion and operates within the REIT - Residential industry.

The CYS Investments Inc stock has a current operating margin of 77.96% and the debt to equity ratio amounts to 0.00. Earnings per share are expected to grow by -4.05% for the next year.

These are the market ratios of the company: P/E Ratio: 4.36, Forward P/E Ratio: 8.44, P/S Ratio: 7.15, P/B Ratio: 0.87, Dividend Yield: 13.34%.

KAR Auction Services (KAR) has a market capitalization of $2.83 Billion and operates within the Auto Dealerships industry.

The KAR Auction Services, Inc. stock has a current operating margin of 13.60% and the debt to equity ratio amounts to 1.26. Earnings per share are expected to grow by 13.68% for the next year and 16.73% for the upcoming five years.

These are the market ratios of the company: P/E Ratio: 30.89, Forward P/E Ratio: 15.33, P/S Ratio: 1.44, P/B Ratio: 1.93, Dividend Yield: 3.73%.

Piedmont Natural Gas (PNY) has a market capitalization of $2.51 Billion and operates within the Gas Utilities industry.

The Piedmont Natural Gas Co. Inc. stock has a current operating margin of 17.77% and the debt to equity ratio amounts to 1.37. Earnings per share are expected to grow by 4.62% for the next year and 5.00% for the upcoming five years.

These are the market ratios of the company: P/E Ratio: 18.59, Forward P/E Ratio: 18.39, P/S Ratio: 2.15, P/B Ratio: 2.20, Dividend Yield: 3.73%.

Portland General Electric Company (POR) has a market capitalization of $2.25 Billion and operates within the Electric Utilities industry.

The Portland General Electric Company stock has a current operating margin of 16.73% and the debt to equity ratio amounts to 0.96. Earnings per share are expected to grow by 7.29% for the next year and 5.86% for the upcoming five years.

These are the market ratios of the company: P/E Ratio: 15.89, Forward P/E Ratio: 14.43, P/S Ratio: 1.24, P/B Ratio: 1.30, Dividend Yield: 3.63%.

Bancolombia S.A. (CIB) has a market capitalization of $13.54 Billion and operates within the Foreign Regional Banks industry.

The Bancolombia S.A. stock has a current operating margin of 27.87% and the debt to equity ratio amounts to 1.50. Earnings per share are expected to grow by 12.84% for the next year and 5.43% for the upcoming five years.

These are the market ratios of the company: P/E Ratio: 14.35, Forward P/E Ratio: 11.66, P/S Ratio: 3.19, P/B Ratio: 2.10, Dividend Yield: 2.49%.

Kimball International (KBALB) has a market capitalization of $272.76 Million and operates within the Printed Circuit Boards industry.

The Kimball International, Inc. stock has a current operating margin of 2.27% and the debt to equity ratio amounts to 0.00. Earnings per share are expected to grow by 11.54% for the next year and 27.70% for the upcoming five years.

These are the market ratios of the company: P/E Ratio: 19.89, Forward P/E Ratio: 15.78, P/S Ratio: 0.24, P/B Ratio: 0.88, Dividend Yield: 2.19%.

Novo Nordisk A/S (NVO) has a market capitalization of $75.57 Billion and operates within the Drug Manufacturers - Other industry.

The Novo Nordisk A/S stock has a current operating margin of 37.77% and the debt to equity ratio amounts to 0.01. Earnings per share are expected to grow by 14.18% for the next year and 16.10% for the upcoming five years.

These are the market ratios of the company: P/E Ratio: 24.49, Forward P/E Ratio: 17.58, P/S Ratio: 5.52, P/B Ratio: 12.79, Dividend Yield: 1.39%.

Vail Resorts (MTN) has a market capitalization of $2.20 Billion and operates within the Resorts & Casinos industry.

The Vail Resorts Inc. stock has a current operating margin of 5.21% and the debt to equity ratio amounts to 0.66. Earnings per share are expected to grow by 35.48% for the next year and 26.47% for the upcoming five years.

These are the market ratios of the company: P/E Ratio: 255.38, Forward P/E Ratio: 36.48, P/S Ratio: 2.15, P/B Ratio: 2.76, Dividend Yield: 1.35%.

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