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 26, 2013. In total, 128 stocks and preferred shares go ex dividend - of which 65 yield more than 3 percent. The average yield amounts to 4.72%.
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:
Canadian Imperial Bank of Commerce (CM) has a market capitalization of $32.03 Billion and operates within the Money Center Banks industry.
The Canadian Imperial Bank of Commerce stock has a current operating margin of 31.37% and the debt to equity ratio amounts to 3.74. Earnings per share are expected to grow by 5.50% for the next year and 6.54% for the upcoming five years.
These are the market ratios of the company: P/E Ratio: 10.40, Forward P/E Ratio: 8.89, P/S Ratio: 2.76, P/B Ratio: 1.93, Dividend Yield: 4.61%.
PG&E (PCG) has a market capitalization of $19.22 Billion and operates within the Electric Utilities industry.
The PG&E Corp. stock has a current operating margin of 11.26% and the debt to equity ratio amounts to 1.03. Earnings per share are expected to grow by 15.73% for the next year and 1.14% for the upcoming five years.
These are the market ratios of the company: P/E Ratio: 22.81, Forward P/E Ratio: 14.17, P/S Ratio: 1.28, P/B Ratio: 1.44, Dividend Yield: 4.16%.
Kraft Foods Group (KRFT) has a market capitalization of $30.37 Billion and operates within the Food - Major Diversified industry.
The Kraft Foods Group, Inc. stock has a current operating margin of 14.46% and the debt to equity ratio amounts to 2.79. Earnings per share are expected to grow by 12.64% for the next year and 3.35% for the upcoming five years.
These are the market ratios of the company: P/E Ratio: 18.61, Forward P/E Ratio: 16.41, P/S Ratio: 1.66, P/B Ratio: 8.50, Dividend Yield: 3.91%.
The Dow Chemical Company (DOW) has a market capitalization of $39.48 Billion and operates within the Chemicals - Major Diversified industry.
The The Dow Chemical Company stock has a current operating margin of 2.93% and the debt to equity ratio amounts to 1.01. Earnings per share are expected to grow by 23.83% for the next year and 6.62% for the upcoming five years.
These are the market ratios of the company: P/E Ratio: 46.83, Forward P/E Ratio: 11.26, P/S Ratio: 0.70, P/B Ratio: 1.89, Dividend Yield: 3.90%.
Philip Morris International (PM) has a market capitalization of $150.97 Billion and operates within the Cigarettes industry.
The Philip Morris International, Inc. stock has a current operating margin of 17.89%. Earnings per share are expected to grow by 11.11% for the next year and 11.60% for the upcoming five years.
These are the market ratios of the company: P/E Ratio: 17.72, Forward P/E Ratio: 14.32, P/S Ratio: 1.95, P/B Ratio: -, Dividend Yield: 3.71%.
TransCanada (TRP) has a market capitalization of $34.23 Billion and operates within the Gas Utilities industry.
The TransCanada Corp. stock has a current operating margin of 35.33% and the debt to equity ratio amounts to 1.31. Earnings per share are expected to grow by 9.10% for the next year and 6.47% for the upcoming five years.
These are the market ratios of the company: P/E Ratio: 26.93, Forward P/E Ratio: 19.31, P/S Ratio: 4.37, P/B Ratio: 2.06, Dividend Yield: 3.69%.
Avalonbay Communities (AVB) has a market capitalization of $14.51 Billion and operates within the REIT - Residential industry.
The Avalonbay Communities Inc. stock has a current operating margin of 22.11% and the debt to equity ratio amounts to 0.56. Earnings per share are expected to grow by 51.37% for the next year and 14.80% for the upcoming five years.
These are the market ratios of the company: P/E Ratio: 45.62, Forward P/E Ratio: 32.86, P/S Ratio: 13.97, P/B Ratio: 2.12, Dividend Yield: 3.37%.
Nucor Corporation (NUE) has a market capitalization of $14.66 Billion and operates within the Steel & Iron industry.
The Nucor Corporation stock has a current operating margin of 4.39% and the debt to equity ratio amounts to 0.49. Earnings per share are expected to grow by 70.72% for the next year and 6.50% for the upcoming five years.
These are the market ratios of the company: P/E Ratio: 29.21, Forward P/E Ratio: 12.18, P/S Ratio: 0.75, P/B Ratio: 1.92, Dividend Yield: 3.19%.
Sempra Energy (SRE) has a market capitalization of $19.44 Billion and operates within the Gas Utilities industry.
The Sempra Energy stock has a current operating margin of 16.16% and the debt to equity ratio amounts to 1.25. Earnings per share are expected to grow by 6.49% for the next year and 6.10% for the upcoming five years.
These are the market ratios of the company: P/E Ratio: 22.88, Forward P/E Ratio: 16.78, P/S Ratio: 2.01, P/B Ratio: 1.88, Dividend Yield: 3.16%.
Edison International (EIX) has a market capitalization of $16.42 Billion and operates within the Electric Utilities industry.
The Edison International stock has a current operating margin of 19.26% and the debt to equity ratio amounts to 0.84. Earnings per share are expected to grow by 4.56% for the next year and 1.12% for the upcoming five years.
These are the market ratios of the company: P/E Ratio: 11.05, Forward P/E Ratio: 13.74, P/S Ratio: 1.38, P/B Ratio: 1.47, Dividend Yield: 2.68%.