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 April 16, 2013. In total, 3 stocks and preferred shares go ex dividend - of which 2 yield more than 3 percent. The average yield amounts to 6.25%.
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:
Horizon Technology Finance Corporation (HRZN) has a market capitalization of $136.56 Million and operates within the Asset Management industry.
Earnings per share are expected to grow by 4.90% for the next year and 5.00% for the upcoming five years.
These are the market ratios of the company: P/E Ratio: 30.36, Forward P/E Ratio: 9.51, P/S Ratio: 5.12, P/B Ratio: 0.94, Dividend Yield: 9.67%.
Bridge Bancorp (BDGE) has a market capitalization of $202.36 Million and operates within the Regional - Northeast Banks industry.
The Bridge Bancorp, Inc. stock has a current operating margin of 32.71% and the debt to equity ratio amounts to 0.61. Earnings per share are expected to grow by 11.04% for the next year.
These are the market ratios of the company: P/E Ratio: 15.24, Forward P/E Ratio: 13.19, P/S Ratio: 3.71, P/B Ratio: 1.59, Dividend Yield: 4.08%.
Xyratex (XRTX) has a market capitalization of $304.79 Million and operates within the Data Storage Devices industry.
The Xyratex Ltd. stock has a current operating margin of 1.42% and the debt to equity ratio amounts to 0.00. Earnings per share are expected to grow by 175.00% for the next year and 5.00% for the upcoming five years.
These are the market ratios of the company: P/E Ratio: 18.49, Forward P/E Ratio: 51.27, P/S Ratio: 0.26, P/B Ratio: 0.80, Dividend Yield: 2.66%.