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 19, 2013. In total, 2 stocks and preferred shares go ex dividend - of which one yield more than 3 percent. The average yield amounts to 1.98%.
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:
Colgate-Palmolive (CL) has a market capitalization of $55.05 Billion and operates within the Personal Products industry.
The Colgate-Palmolive stock has a current operating margin of 22.76% and the debt to equity ratio amounts to 2.39. Earnings per share are expected to grow by 10.66% for the next year and 9.67% for the upcoming five years.
These are the market ratios of the company: P/E Ratio: 22.88, Forward P/E Ratio: 18.62, P/S Ratio: 3.22, P/B Ratio: 25.24, Dividend Yield: 2.31%.
CVS Caremark Corporation (CVS) has a market capitalization of $71.03 Billion and operates within the Drug Stores industry.
The CVS Caremark Corporation stock has a current operating margin of 5.59% and the debt to equity ratio amounts to 0.26. Earnings per share are expected to grow by 11.08% for the next year and 13.52% for the upcoming five years.
These are the market ratios of the company: P/E Ratio: 18.82, Forward P/E Ratio: 12.97, P/S Ratio: 0.58, P/B Ratio: 1.87, Dividend Yield: 1.57%.