Showing posts with label MSEX. Show all posts
Showing posts with label MSEX. Show all posts

Tuesday, November 03, 2015

Stocks Going Ex Dividend the Second Week of November


Here is our latest update on the stock trading technique called 'Buying Dividends,' also commonly referred to as 'Dividend Capture.' This is the process 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, and can work in flat or choppy markets, but you need to avoid the technique during bear markets.

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. WallStreetNewsNetwork.com has compiled a downloadable and sortable list of the stocks going ex dividend in the near future. The list contains many dividend paying companies, lots with market caps over $500 million, and yields over 2%. Here are a few examples showing the stock symbol, the ex-dividend date, and the yield.


Middlesex Water Co. MSEX 11/9/2015 3.1%
New Media Investment Group NEWM 11/9/2015 7.7%
Pitney Bowes Inc PBI-A 11/9/2015 5.2%
Provident Financial Holdings PROV 11/9/2015 2.8%
Wynn Resorts WYNN 11/9/2015 3.0%
Exxon Mobil XOM 11/9/2015 3.6%
A. H. Belo Corporation AHC 11/10/2015 5.7%
American Software AMSWA 11/10/2015 3.9%
BB&T BBT 11/10/2015 2.8%

The additional ex-dividend stocks can be found at wsnn.com. (If you have been to the website before, and the latest link doesn't show up, you may have to empty your cache.) If you like dividend stocks, you should check out some of the other high yield stock lists at WallStreetNewsNetwork.com or WSNN.com. Most of the lists are free. 

Dividend definitions:

Declaration date: the day that the company declares that there is going to be an upcoming dividend.

Ex-dividend date: the day on which if you buy the stock, you would not be entitled to that particular dividend; or the first day on which a shareholder can sell the shares and still be entitled to the dividend.

Monthly Dividend Stock List

Record date: the day when you must be on the company's books as a shareholder to receive the dividend. The ex-dividend date is normally set for stocks at two business days before the record date.

Payment date: the day on which the dividend payment is actually made, which can be as long at two months after the ex date.

Book now available: Buying Dividends Revised and Expanded

Book now available: Stock Market Trivia Makes a Great Gift!

Don't forget to reconfirm the ex-dividend date with the company before implementing this technique.

Disclosure: Author did not own any of the above at the time the article was written.

Thursday, October 17, 2013

Fish that Breath Air - How About People Without Water? Top Water Utilities

Did you know that there is a species of fish that can breath air? I'm not talking about mammals that live in the water, like dolphins and whales, I'm talking about real fish. According to the National Geographic, there is a newly discovered species of freshwater fish called the Arapaima leptosoma, which can be found in Brazil and Guyana. The fish can grow to a length of ten feet.

Unfortunately, there are no humans that can survive without water. They need water to drink, to prepare food, to grow food, to provide to animals which eventually become food for the humans, to water their lawn, to wash their car, to brush their teeth, to shower in, etc. You get the idea. We can't live without water.

So who provides us with this water? There are many government run municipal water utilities across the United States. But there are also over a dozen publicly traded water utility companies which provide water to residential and business customers, that are available to investors, based on the list at WallStreetNewsNetwork.com. Most of these companies pay dividends.

For example, Middlesex Water Company (MSEX) is one of the higher yielding water utility stocks, paying 3.6%. The company distributes water to customers in parts of New Jersey, Delaware, and Pennsylvania. The stock trades at 20.5 times trailing earnings and 20.8 times forward earnings. Earnings for the latest reported quarter ending June 30 were up an amazing 20.3%, on a 6.2% rise in revenues. Not bad for a utility stock. The company's next earnings report will be October 21. By the way, dividends have increased every year for this company since 2004.

Another dividend paying water utility stock is American States Water Company (AWR), which distributes water in 10 counties in the State of California. The stock trades at 18 times trailing earnings and 19.3  times forward earnings. The yield is a fairly decent 3.0%.

The York Water Company (YORW), which is based in York, Pennsylvania, yields 2.8%. The price earnings ratio is 27.6 and the forward P/E ratio is 23.

To see a list of all the water utility stocks that pay dividends, which includes the P/E, the forward P/E, the PEG, and the yield, go to WallStreetNewsNetwork.com.

Disclosure: Author did not own any of the above at the time the article was written. 

By Stockerblog.com

Sunday, May 20, 2012

The Waterfall of Water Stocks

Income investors who invest in electric and gas utilities are always looking for ways to diversify, yet still get a decent yield. What better way to branch out than to invest in water utilities. Compared to electric utilities which require the purchase of fuel to run their generators, water utilities are a simple concept. Take the water which occurs freely and pump it out to the customers. Of course, this is over-simplifying as water companies are involved in water treatment, developing water treatment plants, storage facilities, dams, and pumping stations.

Based on the free list of water utility stocks at WallStreetNewsNetwork.com, there are ten stocks, all with yields of 3% or more. An example is American Water (AWK), which is a New Jersey based company that provides drinking water and wastewater services to 30 states and 2 Canadian provinces. The stock trades at 15.7 times forward earnings and generates a yield of 3%. Earnings for the latest quarter were up an unbelievable 59.2% on a 3.7% increase in revenues.

Middlesex Water Co. (MSEX) is another water utility that has been around for over a century, as it was founded in 1897. The company primarily serves New Jersey, Delaware, and Pennsylvania. The stock has a forward price to earnings ratio of 17.8, which is a bit on the high side, however, it pays a generous yield of 4.1%. Earnings were down over 31% for the latest quarter, on a revenue drop of 1.9%.

SJW Corp. (SJW) based in San Jose, California, provides water to the area around Silicon Valley. Investors receive a yield of 3.1% and the stock carries a forward price to earnings ratio of 17.5. The high tech area serves the company well, as quarterly earnings were up an outrageous 81.8% on a 17.1% revenue increase. WallStreetNewsNetwork.com just updated its free list of dividend paying water utility stocks, which shows the price to earnings ratio, and the yield.

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


By Stockerblog.com

Wednesday, December 28, 2011

The Water Business is an Old Business: Water Stocks with Long Histories

American Water (AWK) is celebrating its 125th anniversary this year. Actually, the transportation of water is an extremely old business. The Assyrians built a 50 mile long limestone aqueduct in the 7th century BC, which carried water through a valley to Nineveh, their capital. It measured about 30 feet high and almost 1000 feet wide.

American Water is a New Jersey based company that provides drinking water and wastewater services to 30 states and 2 Canadian provinces. The stock trades at 17 times forward earnings and pays a yield of about 3%. The current annual dividend rate is 92 cents per share, up from 68 cents per share for the previous year, a 35% increase. Earnings for the latest quarter were up 10.7% on a 2.3% increase in revenues.

Middlesex Water Co. (MSEX) is another water utility that has been around for over a century, as it was founded in 1897. The company primarily serves New Jersey, Delaware, and Pennsylvania. The stock has a forward price to earnings ratio of 19, which is a bit on the high side, however, it pays a generous yield of 4%. The company just raised its dividend on November 10. Earnings were down over 10% for the latest quarter.

WallStreetNewsNetwork.com just updated its free list of dividend paying water utility stocks, which shows the PE, the forward PE, the price to earnings growth ratio, and the yield.

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

By Stockerblog.com