Sunday, January 11, 2009

Top Yielding Stocks Going Ex Dividend End of January

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 yield over 1%.

Foot Locker, Inc. (FL) Ex-div date: 1/14/2009 Yield: 7.26% PE ratio: 10.0 PEG ratio: 0.66
PNC Financial Services (PNC) Ex-div date: 1/14/2009 Yield: 5.39% PE ratio: 13.0 PEG ratio: 1.53
Service Corporation International (SCI) Ex-div date: 1/14/2009 Yield: 3.03% PE ratio: 5.6 PEG ratio: 0.56
Teekay Corporation (TK) Ex-div date: 1/14/2009 Yield: 5.33% PE ratio: 15.5 PEG ratio: 0.97
Caterpillar Inc. (CAT) Ex-div date: 1/15/2009 Yield: 3.82% PE ratio: 7.2 PEG ratio: 0.62
Williams-Sonoma, Inc. (WSM) Ex-div date: 1/22/2009 Yield: 5.54% PE ratio: 6.6 PEG ratio: 0.53
The Clorox Company (CLX) Ex-div date: 1/26/2009 Yield: 3.38% PE ratio: 16.0 PEG ratio: 1.66
Enterprise Products Partners L.P. (EPD) Ex-div date: 1/28/2009 Yield: 9.43% PE ratio: 12.9 PEG ratio: 1.71
Morgan Stanley (MS) Ex-div date: 1/28/2009 Yield: 5.74% PE ratio: 15.8 PEG ratio: 1.32
Zenith National Insurance Corp. (ZNT) Ex-div date: 1/28/2009 Yield: 6.45% PE ratio: 9.2 PEG ratio: 0.92

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

Author does not own any of the above at the time this article is written.


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