Buying dividends is the technique of buying stocks before the ex dividend date and selling shortly after the ex date at approximately the same price, yet being entitled to the dividend. This generally works only in rising markets.
If you are interested in buying dividends, there are several stocks in several different sectors and industries to choose from. Remember that you have to buy the stock before the ex-dividend date in order to be entitled to the dividend, and you can't sell the stock until after the ex date.
All of the following stocks have market caps over $500 million, PEs below 20, PEGs below 2, and yields over 2.5%.
Regions Financial Corporation (RF) Ex date: 9/15/2008 Yield: 4.9% PE: 6 PEG: 1.15 .
The Corporate Executive Board Company (EXBD) Ex date: 9/11/2008 Yield: 4.4% PE: 18 PEG: 1.39 .
United Bankshares, Inc. (UBSI) Ex date: 9/10/2008 Yield: 4.2% PE: 13 PEG: 1.62 .
National Financial Partners Corp. (NFP) Ex date: 9/12/2008 Yield: 4.1% PE: 15 PEG: 1.20 .
Bancolombia S.A. (CIB) Ex date: 9/17/2008 Yield: 3.7% PE: 9 PEG: 1.16 .
Shaw Communications Inc. (SJR) Ex date: 9/11/2008 Yield: 3.2% PE: 15 PEG: 0.87 .
Corus Entertainment Inc. (CJR) Ex date: 9/11/2008 Yield: 3.1% PE: 12 PEG: 0.89 .
Pacer International, Inc. (PACR) Ex date: 9/17/2008 Yield: 2.8% PE: 12 PEG: 0.93 .
Harleysville Group Inc. (HGIC) Ex date: 9/11/2008 Yield: 2.7% PE: 14 PEG: 1.70 .
The Black & Decker Corporation (BDK) Ex date: 9/10/2008 Yield: 2.6% PE: 9 PEG: 1.14 .
For more details on dividend definitions, check out definitions of dividend dates. If you like dividend stocks, you should check out the the High Yield Utility stocks and the Monthly Dividend Stocks at WallStreetNewsNetwork.com.
Author does not own any of the above.
By Fred Fuld at Stockerblog.com