The Best Yielding Ex-Dividend Stocks On April 11, 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 April 11, 2013. In total, 25 stocks and preferred shares go ex dividend - of which 16 yield more than 3 percent. The average yield amounts to 5.19%.

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:

ARMOUR Residential REIT (ARR) has a market capitalization of $2.42 Billion and operates within the REIT - Residential industry.

The ARMOUR Residential REIT, Inc. stock has a current operating margin of 71.97% and the debt to equity ratio amounts to 7.96. Earnings per share are expected to grow by 4.17% for the next year and 9.60% for the upcoming five years.

These are the market ratios of the company: P/E Ratio: 6.61, Forward P/E Ratio: 6.48, P/S Ratio: 7.85, P/B Ratio: 0.87, Dividend Yield: 12.96%.

Fifth Street Finance (FSC) has a market capitalization of $1.16 Billion and operates within the Credit Services industry.

The Fifth Street Finance Corp. stock has a current operating margin of 49.07% and the debt to equity ratio amounts to 0.36. Earnings per share are expected to grow by 2.65% for the next year and 5.00% for the upcoming five years.

These are the market ratios of the company: P/E Ratio: 10.83, Forward P/E Ratio: 9.43, P/S Ratio: 6.54, P/B Ratio: 1.11, Dividend Yield: 10.51%.

Consolidated Communications Holdings (CNSL) has a market capitalization of $699.52 Million and operates within the Telecom Services - Domestic industry.

The Consolidated Communications Holdings Inc. stock has a current operating margin of 9.72% and the debt to equity ratio amounts to 9.23. Earnings per share are expected to grow by 22.95% for the next year and 2.00% for the upcoming five years.

These are the market ratios of the company: P/E Ratio: 102.59, Forward P/E Ratio: 23.25, P/S Ratio: 1.39, P/B Ratio: 5.28, Dividend Yield: 8.89%.

Shaw Communications (SJR) has a market capitalization of $10.78 Billion and operates within the CATV Systems industry.

The Shaw Communications, Inc. stock has a current operating margin of 26.60% and the debt to equity ratio amounts to 1.31. Earnings per share are expected to grow by 1.90% for the next year and 9.15% for the upcoming five years.

These are the market ratios of the company: P/E Ratio: 14.58, Forward P/E Ratio: 14.67, P/S Ratio: 2.18, P/B Ratio: 2.81, Dividend Yield: 4.20%.

Associated Estates Realty (AEC) has a market capitalization of $923.10 Million and operates within the REIT - Residential industry.

The Associated Estates Realty Corp. stock has a current operating margin of 19.16% and the debt to equity ratio amounts to 1.78. Earnings per share are expected to grow by -49.15% for the next year and 6.25% for the upcoming five years.

These are the market ratios of the company: P/E Ratio: 366.60, Forward P/E Ratio: 61.10, P/S Ratio: 5.28, P/B Ratio: 2.25, Dividend Yield: 4.15%.

City Holding (CHCO) has a market capitalization of $594.14 Million and operates within the Regional - Mid-Atlantic Banks industry.

The City Holding Co. stock has a current operating margin of 38.72% and the debt to equity ratio amounts to 0.39. Earnings per share are expected to grow by 8.48% for the next year and 8.00% for the upcoming five years.

These are the market ratios of the company: P/E Ratio: 14.54, Forward P/E Ratio: 12.36, P/S Ratio: 5.29, P/B Ratio: 1.69, Dividend Yield: 3.90%.

Mid-America Apartment Communities (MAA) has a market capitalization of $3.04 Billion and operates within the REIT - Residential industry.

The Mid-America Apartment Communities Inc. stock has a current operating margin of 26.07% and the debt to equity ratio amounts to 1.82. Earnings per share are expected to grow by 14.05% for the next year and 5.00% for the upcoming five years.

These are the market ratios of the company: P/E Ratio: 49.02, Forward P/E Ratio: 33.92, P/S Ratio: 6.11, P/B Ratio: 3.30, Dividend Yield: 3.88%.

AbbVie (ABBV) has a market capitalization of $67.23 Billion and operates within the Drug Manufacturers - Major industry.

Earnings per share are expected to grow by -14.13% for the next year and 11.05% for the upcoming five years.

These are the market ratios of the company: P/E Ratio: 12.70, Forward P/E Ratio: 13.73, P/S Ratio: 3.66, P/B Ratio: 19.98, Dividend Yield: 3.76%.

Freeport-McMoRan Copper & Gold (FCX) has a market capitalization of $32.06 Billion and operates within the Copper industry.

The Freeport-McMoRan Copper & Gold Inc. stock has a current operating margin of 31.35% and the debt to equity ratio amounts to 0.20. Earnings per share are expected to grow by 9.26% for the next year and 3.00% for the upcoming five years.

These are the market ratios of the company: P/E Ratio: 10.58, Forward P/E Ratio: 7.15, P/S Ratio: 1.78, P/B Ratio: 1.83, Dividend Yield: 3.70%.

Harsco Corporation (HSC) has a market capitalization of $1.90 Billion and operates within the Steel & Iron industry.

The Harsco Corporation stock has a current operating margin of -5.74% and the debt to equity ratio amounts to 1.19. Earnings per share are expected to grow by 41.54% for the next year and 31.00% for the upcoming five years.

These are the market ratios of the company: P/E Ratio: -, Forward P/E Ratio: 12.83, P/S Ratio: 0.63, P/B Ratio: 2.34, Dividend Yield: 3.47%.

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