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.
PACCAR Inc (PCAR) Ex-div date: 2/17/09 P/E ratio: 8 PEG Ratio: 0.69 Yield: 2.70%
Moody's Corporation (MCO) Ex-div date: 2/18/09 P/E ratio: 11 PEG Ratio: 0.74 Yield: 1.90%
Target Corporation (TGT) Ex-div date: 2/18/09 P/E ratio: 10 PEG Ratio: 0.81 Yield: 2.10%
Main Street Capital Corporation (MAIN) Ex-div date: 2/18/09 P/E ratio: 12 PEG Ratio: 0.62 Yield: 14.90% extremely low cap, should be considered extremely speculative
Assurant, Inc. (AIZ) Ex-div date: 2/19/09 P/E ratio: 8 PEG Ratio: 0.77 Yield: 2.10%
The McGraw-Hill Companies, Inc. (MHP) Ex-div date: 2/23/09 P/E ratio: 9 PEG Ratio: 0.66 Yield: 4.10%
Crane Co. (CR) Ex-div date: 2/25/09 P/E ratio: 8 PEG Ratio: 0.83 Yield: 4.60%
iGATE Corporation (IGTE) Ex-div date: 2/25/09 P/E ratio: 8 PEG Ratio: 0.45 Yield: 2.70% low cap, should be considered very speculative
Universal Health Services, Inc. (UHS) Ex-div date: 2/26/09 P/E ratio: 10 PEG Ratio: 0.95 Yield: 0.80%
Tidewater Inc. (TDW) Ex-div date: 2/27/09 P/E ratio: 6 PEG Ratio: 0.48 Yield: 2.40%
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 at the time this article is written.