Top Stocks Going Ex-Dividend Week of June 2

The technique of 'Buying Dividends' is buying stocks shortly before they go ex-dividend and selling after the ex-dividend date at break even or at a slight profit, but taking advantage of the fact that you earn the dividend with your money tied up for just a very short period of time. If you are unfamiliar with the concept of 'buying dividends', you should check out my previous article called Buying Dividends.

The following stocks all go ex-dividend next week, have yields of 3.5% or greater, P/E's at or below 15, and PEG ratios below 2.0.

Triangle Capital Corporation ( TCAP ) 6/3/2008 10.28% P/E: 9 PEG: 0.46

Bank of America Corporation ( BAC ) 6/4/2008 7.37% P/E: 15 PEG: 2.00

Euroseas Ltd. ( ESEA ) 6/4/2008 6.83% P/E: 8 PEG: 1.21

Reynolds American, Inc. ( RAI ) 6/6/2008 6.17% P/E: 11 PEG: 1.56

National Australia Bank Ltd. ADR ( NABZY ) 6/2/2008 5.18% P/E: 12 PEG: 1.36

Pepco Holdings, Inc. ( POM ) 6/6/2008 3.96% P/E: 14 PEG: 1.27

TELUS Corporation ( TU ) 6/6/2008 3.74% P/E: 12 PEG: 0.90

First Merchants Corporation ( FRME ) 6/4/2008 3.69% P/E: 14 PEG: 1.76

Author does not own any of the above.

By Fred Fuld at Stockerblog.com