Stocks Going Ex Dividend in September 2024

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The following is a short list of some of the many stocks going ex-dividend during the next month, which can be helpful for traders and investors interested in the stock trading technique known as “Buying Dividends” or “Dividend Capture.” This strategy involves purchasing stocks before the ex dividend date and selling them shortly after the ex-date at a similar price, while still being eligible to receive the dividend payment.

Although this technique generally proves effective in bull markets and flat or choppy markets, it is advisable to exercise caution and consider avoiding this strategy during bear markets. To qualify for the dividend, it is necessary to buy the stock before the ex-dividend date and refrain from selling it until on or after the ex-date.

However, it is important to note that the actual dividend may not be paid for several weeks, as the payment date can be delayed by up to two months after the ex-date.

For investors seeking a comprehensive list of stocks going ex-dividend in the near future, WallStreetNewsNetwork.com has compiled a downloadable list containing numerous dividend-paying companies. Here are a few examples showcasing the stock symbol, ex-dividend date, periodic dividend amount, and annual yield.

Nike, Inc. (NKE)	9/3/2024	0.37	1.78%
Bank of America Corporation (BAC)	9/6/2024	0.26	2.59%
Fidelity National Information Services, Inc. (FIS)	9/10/2024	0.36	1.97%
Macy’s Inc (M)	9/13/2024	0.1737	4.46%
Horizon Technology Finance Corporation (HRZN)	9/16/2024	0.11	11.99%
Royal Caribbean Cruises Ltd. (RCL)	9/20/2024	0.40	0.96%
Mercer International Inc. (MERC)	9/25/2024	0.075	5.03%
Humana Inc. (HUM)	9/30/2024	0.885	1.01%

To access the entire list of over 100 ex-dividend stocks, subscribers will receive an email in the next couple days with the full list. If you are not already a subscriber, you can sign up using the provided signup box below. Don’t miss out on this valuable information, and the best part is that it’s free!

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Dividend Definitions

To better understand the dividend-related terms, let’s define them:

Declaration date: This refers to the day when a company announces its intention to distribute a dividend in the future.
Ex-dividend date: On this day, if you purchase the stock, you would not be eligible to receive the upcoming dividend. It is also the first day on which a shareholder can sell their shares and still receive the dividend.
Record date: This marks the day when you must be recorded on the company’s books as a shareholder to qualify for the dividend. Typically, the ex-dividend date is set two business days prior to the record date.
Payment date: This is the day on which the dividend payment is actually made to the eligible shareholders. It’s important to note that the payment date can be as long as two months after the ex-date.

Before implementing the “Buying Dividends” technique, it is crucial to reconfirm the ex-dividend date with the respective company to ensure accuracy and avoid any unexpected changes.

In conclusion, being aware of the stocks going ex-dividend can be advantageous for traders and investors employing the “Buying Dividends” strategy. WallStreetNewsNetwork.com provides a convenient resource to access a comprehensive list of such stocks, allowing individuals to plan their investment decisions effectively. Remember to stay informed and consider market conditions before employing any investment strategy.

Disclosure: Author owns BAC.

Capitalism in Cuba? Here are the Stocks

President Castro & President Obama

President Obama is planning to travel to Cuba next month, the first sitting president in almost a century to do so. In addition, the first U.S. based company has received approval to build a factory in Cuba, according to National Public Radio.

With the trend of Americans being allowed to travel to Cuba and use credit and debit cards there, Cuba is moving forwards into the free enterprise era.

I'm sure many American companies will begin to move forward and set up operations Cuba. For stocks of companies that already have a foothold in Cuba, there are a several companies that have Cuban connections, according to WallStreetNewsNetwork.com.

Habana Lonja del Commercio
Stock Exchange
(Cuba Stock Exchange 1907)

The most diversified way of investing in Cuba is with the Herzfeld Caribbean Basin Fund (CUBA). It is a closed end fund which is a diversified way of playing the Cuba economy. It invests in stocks of the Caribbean Basin Countries and the US, which are expected to benefit from economic growth in Cuba, Jamaica, the Bahamas and other countries. Over the last two years and last five years, the CEF is almost unchanged. .

Sherritt International (SHERF) is a Toronto, Ontario based mining, and oil, and gas company that is one of the largest foreign investors in Cuba, having more business in Cuba than any other Canadian company. A major portion of their revenues are generated by the Moa Mine in Cuba, formerly owned by Freeport-McMoRan (FCX), as a joint venture with a Cuban government company. They also operate Varadero, Canasí, Yumuri, Puetro Escondido oil and gas fields which they have leased in Cuba. In addition, Sherritt owns, Energas, the Cuban electric utility. The stock trades on the Toronto Stock Exchange in Canada and on the Pink Sheets in the United States. Unfortunately, the company revenues are down 24.7% for the latest quarter, and is generating negative earnings.

There may be more cruise travel to Cuba. So companies such as Carnival Corp. (CCL), and Royal Caribbean Cruises Ltd. (RCL) should also benefit. Carnival has a trailing price to earnings ratio of 21 and a forward PE of 12. The stock generates a yield 2.6%.

 Royal Caribbean trades at 24.5 times trailing earnings and 10.5 times forward earnings. Earnings for the latest quarter spiked by an impressive 88% on a 4.6% boost in earnings. The stock pays a yield of 2.1%.

For a list of some Cuba related stocks, which includes such information as the PE ratio, the forward PE, the PEG, and the yield, go to WallStreetNewsNetwork.com.

Author didn't own any of the above at the time the article was written.

By Stockerblog.com

Easing of Commerce and Travel Restrictions with Cuba: Top Cuban Stocks

Habana Lonja del Commercio
Stock Exchange

President Obama is speaking today about the easing of commerce and travel restrictions with Cuba, and re-establish diplomatic relations with the country. This came about after the freeing of Alan Gross, an American contractor after being imprisoned for five years.

Americans will be allowed to travel to Cuba and use credit and debit cards there. They will also be allowed to open accounts with Cuban institutions. In addition, an American Embassy will be set up there.

It will be interesting to see which American companies jump on the bandwagon and set up operations there. If you are looking for stocks of companies that already have a foothold in Cuba, there are a few companies that have Cuban connections, according to WallStreetNewsNetwork.com.

The best way of investing in Cuba on a diversified basis is through the Herzfeld Caribbean Basin Fund Inc. (CUBA). It is a closed end fund which is a diversified way of playing the Cuba economy. It invests in stocks of the Caribbean Basin Countries and the United States, which are expected to benefit from economic growth in Cuba, Jamaica, the Bahamas and other countries. The CEF is up 42% today.

Sherritt International (SHERF) is a Toronto, Ontario based mining, and oil, and gas company that is one of the largest foreign investors in Cuba, having more business in Cuba than any other Canadian company. A major portion of their revenues are generated by the Moa Mine in Cuba, formerly owned by Freeport-McMoRan (FCX), as a joint venture with a Cuban government company. They also operate Varadero, Canasí, Yumuri, Puetro Escondido oil and gas fields which they have leased in Cuba. In addition, Sherritt owns, Energas, the Cuban electric utility. The stock trades on the Toronto Stock Exchange in Canada and on the Pink Sheets in the United States. The stock yields 5.9%..

There may be more cruise travel to Cuba. So companies such as Carnival Corp. (CCL), and Royal Caribbean Cruises Ltd. (RCL) should also benefit. Carnival yields 2.3% and Royal Caribbean pays a yield of 1.5%.

For a list of several Cuba related stocks, which has information on the PE ratio, the forward PE, the PEG, and the yield, go to WallStreetNewsNetwork.com.

Author didn't own any fo the above at the time the article was written.

By Stockerblog.com

Cuba Going Capitalistic? Time for Cuba Stocks?

Habana Lonja del Commercio
Stock Exchange

Do you realize that Cuba used to have a stock exchange? It was located in Havana during the early 1900's.  (See picture.)

Cuba must really be hurting for cash. The county needs to bring businesses in and they are doing whatever they can to attract them. The government is waiving taxes and cutting taxes, plus banning expropriations, according to the proposed law.Although the new laws are not perfect, they are a step in the right direction.

Other good news about Cuba:
- eased restrictions on Cuban Americans traveling to Cuba
- Cuban Americans allowed to send money to their Cuban relatives
- U.S. telecom companies are now allowed to do business in Cuba.

It will be interesting to see which American companies jump on the bandwagon and set up operations there. If you are looking for companies that already have a foothold in Cuba, here are a few companies that have Cuban connections, according to WallStreetNewsNetwork.com.

The best way of investing in Cuba on a diversified basis is through the Herzfeld Caribbean Basin Fund Inc. (CUBA). It is a closed end fund which is a diversified way of playing the Cuba economy. It invests in stocks of the of the Caribbean Basin Countries and the United States, which are expected to benefit from economic growth in Cuba, Jamaica, the Bahamas and other countries. The CEF recently declared a $1.14 per share year end distribution payable in stock.

Sherritt International (SHERF) is a Toronto, Ontario based mining, and oil, and gas company that is one of the largest foreign investors in Cuba, having more business in Cuba than any other Canadian company. A major portion of their revenues are generated by the Moa Mine in Cuba, formerly owned by Freeport-McMoRan Copper (FCX), as a joint venture with a Cuban government company. They also operate Varadero, Canasí, Yumuri, Puetro Escondido oil and gas fields which they have leased in Cuba. In addition, Sherritt owns, Energas, the Cuban electric utility. The stock trades on the Toronto Stock Exchange in Canada and on the Pink Sheets in the United States, and recently generated negative earnings of 2.27 cents per share. The stock, which trades for a little over $3 per share, has 2.26 in cash per share and a 10.66 book value.

There may be more cruise travel to Cuba. So companies such as Carnival Corp. (CCL), and Royal Caribbean Cruises Ltd. (RCL) should also benefit. Carnival yields 2.5% and Royal Caribbean pays a yield of 1.8%.

For a list of ten Cuba related stocks, which has information on the PE ratio, the forward PE, the PEG, and the yield, go to WallStreetNewsNetwork.com.

Author didn't own any fo the above at the time the article was written.

By Stockerblog.com

Marijuana, LSD, and Cocaine are now Legal in Mexico: Will it Help the Mexican Ecomony?

Now that Mexico has decriminalized marijuana, LSD, heroin, methamphetamine, and cocaine in small quantities, investors are taking a closer look at companies that may benefit from the increased Mexican tourist trade. On Monday, August 24, laws were passed in Mexico to very little fanfare which eliminated crimes for possession of small amounts of these substances. Now individuals can possess up to a half-gram of cocaine and 40 grams of marijuana. The reasoning behind this change was that crackdowns didn't seem to reduce the violence and deaths from the war on drugs.

Back in January of this year, we featured an article about all the various publicly traded companies that are involved in the marketing of marijuana or its cannabinoid-based pharmaceutical products. Since that time, a couple of new publicly traded stocks have appeared on the horizon with marijuana or cannabis in their name. These may be interesting yet speculative very low cap plays if California and other states change their laws to legalize or decriminalize marijuana.

One stock sector worth checking out might be the Mexico based companies. An example would be Fomento Econmico Mexicano, S.A.B de C.V (FMX), also known as FEMSA, which is the largest beverage company in Mexico, and for that matter, all of Latin America. They produce many popular beers including Carta Blanca, Tecate, Tecate Light, Superior, Sol, Dos Equis Lager, and Dos Equis Ambar.

A more general way to play the Mexico stock market is through an ETF, iShares MSCI Mexico Investable Market Index Fund (EWW). There are also a couple of closed end funds such as the Mexico Fund, Inc. (MXF) and the Mexico Equity & Income Fund Inc. (MXE).

However, the stock play from this change would probably be in the travel industry, stocks that might take advantage of the "Spring Break" effect. For example, there are a couple of cruise lines with trips to Mexico that include Carnival Corp. (CCL) and Royal Caribbean Cruises Ltd. (RCL). The Mexican airline industry might benefit also, especially if fuel prices soften, since there seems to be recovery taking place from the swine flu outbreak. A couple companies in that sector include Grupo Aeroportuario del Centro Norte S.A. de C.V. (OMAB) and Grupo Aeroportuario del Pacifico (PAC).

It will be interesting to see how this significant change in Mexico's laws will affect travel and the economy south of the border.

Author does not own any of the above.

By Stockerblog.com

How to Invest in Cuba

Now that the United States is easing restrictions on Cuban Americans traveling to Cuba and allowing them to send money to their Cuban relatives, investors are looking for any possible Cuban investment plays. Other good news for Cuba includes that fact that U.S. telecom companies are now allowed to do business in Cuba. Also, many believe that Obama may improve relations with Cuba, which may lead to more loosening of restrictions of all Americans traveling to Havana. Here are a few companies that have Cuban connections.

Freeport-McMoRan Copper & Gold Inc. (FCX) is the large mining company involved in the exploration and production of copper, gold, and silver, along with other minerals. The Moa Mine located at Moa Bay in Cuba is owned by Freeport-McMoRan but was confiscated by Fidel Castro in the late 1950's revolution. The stock has a forward P/E of 17, and a PEG of 8.75.

Sherritt International (SHERF.PK) is a Toronto, Ontario based mining, and oil, and gas company that is one of the largest foreign investors in Cuba, having more business in Cuba than any other Canadian company. A major portion of their revenues are generated by the Moa Mine in Cuba, as a joint venture with a Cuban government company. They also operate Varadero, Canasí, Yumuri, Puetro Escondido oil and gas fields which they have leased in Cuba. In addition, Sherritt owns, Energas, the Cuban electric utility. The stock trades on the Toronto Stock Exchange in Canada and on the Pink Sheets in the United States, and recently generated negative earnings of 91 cents per share.

Since more cruise travel should be opening up in the near future with Cuba, Carnival Corp. (CCL), which is one of the largest cruise and vacation companies in the world, should participate in that business. Their cruise lines which operate out of North America, the United Kingdom, Germany and Italy, include Carnival Cruise Lines, Holland America Line, Princess Cruises, Seabourn Cruise Line and Windstar Cruises in North America; AIDA in Germany; Costa Cruises in southern Europe; P&O Cruises, Cunard Line, Ocean Village and Swan Hellenic in the United Kingdom; and P&O Cruises in Australia. They operate a fleet of 81 ships, and will be receiving another 20 ships between now and 2011. They are headquartered in Miami, Florida and London, England. They have a P/E of 9, PEG of 0.8, and a yield of 6.3%.

Royal Caribbean Cruises Ltd. (RCL) , which should also participate with trips to Cuba, owns Royal Caribbean International [19 cruise ships with over 44,000 berths] and Celebrity Cruises [9 cruise ships with over 15,000 berths]. They also own Pullmantur S.A., which has five ships in Europe and Latin America. The company plans on having six more ships by the end of 2010. They also offers land tour vacations in Alaska, Canada and Europe. They are headquartered in Miami, Florida. Their P/E is 4, P/S 0.58, yield 6%.

Herzfeld Caribbean Basin Fund Inc. (CUBA) is a closed end fund which is a diversified way of playing the Cuba economy. It invests in stocks of the of the Caribbean Basin Countries and the United States. The stock has recently generated negative earnings and yields 2.9%.

Cuban Electric Co. (CGAR.PK) owns property in Cuba that was confiscated by Castro. The company trades occasionally on the Pink Sheets.

Sol Melia (SMIZF.PK) which is based in Spain, operates about 25% of the hotels in Cuba. Net profit margin is 12% and operating margin of 19%.

Trailer Bridge Inc. (TRBR) is a marine freight carrier between the U.S. and Puerto Rico which is expected to benefit from expansion to Cuba at some point in the future. The stock has a forward P/E of 9.

Petroleo Brasileiro (PBR) is in partnership with Cuba's government-owned oil company. The stock has a P/E of 10.

Repsol YPF SA (REP) is a Spanish oil and gas company with significant operations in Argentina.. They are drilling offshore Cuba for oil. The stock has a P/E of 7.5, and a PEG of 1.7.

Stocks in other countries may participate in the growth of Cuba, including Mexico, Colombia, Brazil and Argentina.

Author owns CGAR.PK and PBR.

By Stockerblog.com