Investors occasionally use a stock trading technique called 'Buying Dividends,' which is the technique of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend. This technique generally works only in bull markets.
If you are interested in buying dividends, there are many stocks in many different industries to choose from. In order to be entitled to the dividend, you have to buy the stock before the ex-dividend date, and you can't sell the stock until after the ex date. The actual dividend may not be paid for another few weeks.
All of the following stocks have market caps over $500 million, and yields over 4.5%.
The Student Loan Corp. (STU) Ex-dividend date: 11/12/2008 Yield: 12.64% .
CIT Group Inc. (CIT) Ex-dividend date: 11/12/2008 Yield: 12.16% .
Deluxe Corporation (DLX) Ex-dividend date: 11/13/2008 Yield: 10.47% .
Highwoods Properties, Inc. (HIW) Ex-dividend date: 11/13/2008 Yield: 7.89% .
TOTAL S.A. (TOT) Ex-dividend date: 11/14/2008 Yield: 6.93% .
International Paper Company (IP) Ex-dividend date: 11/13/2008 Yield: 6.05% .
Astoria Financial Corporation (AF) Ex-dividend date: 11/13/2008 Yield: 5.99% .
Eli Lilly & Co. (LLY) Ex-dividend date: 11/12/2008 Yield: 5.62% .
Shaw Communications Inc. (SJR) Ex-dividend date: 11/13/2008 Yield: 5.11% .
Principal Financial Group, Inc. (PFG) Ex-dividend date: 11/12/2008 Yield: 4.84% .
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 Stockerblog.com
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