Saturday, January 03, 2015

Stocks Going Ex Dividend the Second Week of January


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.

Comcast CMCSA 1/5 1.55%
Comcast Corp Cl A Special CMCSK 1/5 1.56%
Ennis, Inc. EBF 1/5 5.20%
FEI Company FEIC 1/5 1.11%
First of Long Island Corp FLIC 1/5 3.67%
Gentex Corp GNTX 1/5 1.77%
The Gap Inc. GPS 1/5 1.90%
Oracle Corp ORCL 1/5 1.07%
Raytheon Co. RTN 1/5 2.24%

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
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, January 01, 2015

The Stock that was Up 426% in 2014

One of the best performing stocks for 2014 was up 426%. This is a stock that I actually own; however, I own only one share.

It is an interesting story how I got the one share. Years ago, I worked as a stock broker and I was a member of a couple of stockbroker organizations, the Stockbroker's Society and and International Association of Stockbrokers. These organizations would put on luncheons at least once a month that would be sponsored by a publicly traded company with the president of the company giving a speech after the lunch. The luncheons were usually held at fancy hotels.

Often, the companies would give out gifts. I remember one tobacco company giving out a box of cigarette packs, one pack of each of the company's brands. Anyway, General Employment Enterprises (JOB) was the sponsor for one of the lunches.

When I walked in, I noticed that we had assigned seating for the first time ever. We had a great lunch, we had an interesting speech, and at the end of the speech, the president of the company said that he had a surprise for up. He told everyone to look under their chars, which we did.

Taped to the bottom of my seat was an envelope with my names on it. When I opened it, I discovered a General Employment Enterprises stock certificate issued to me for one share. Every attendee got one. It was an interesting marketing ploy to keep the company on the brokers' radar, as we received annual reports and quarterly reports. I still receive those reports after many, many years.

I wish I had rounded up my one share by buying 9,999 aditional shares at the beginning of 2014. It would have cost 20 cents a share or only $1,999.80. On December 31, I could have sold the shares for  $1.21 or $12,100.

Top Tax Loss Stocks

A tax loss stock is a stock that has been beaten down at the end of the year due to tax selling. The stock is usually one which traded much higher near the beginning or the year and has been dropping throughout the year. By the time the close of the year approaches, investors look for stocks they can dump at a loss to offset any profits, and this dumping drives the price down even further, usually far more than what would normally take place if it wasn't year end.

Investors buy these tax loss stocks in the hope that they will snap back in January. When looking for a tax loss stock, you can't buy any stock that has dropped a lot during the year. You want stocks that have earnings and growth prospects. Here is a selection of a few of them.

Profire Energy (PFIE) is in the business of designing and marketing oil field combustion management technologies and products. It traded as high as 5.89 earlier this year and is now trading less than 2.30 per share. The stock trades at 19 times trailing earnings and 8 times forward earnings. The PEG ratio is a very favorable 0.63. Revenues for the latest quarter were up over 68%. To top it off, the company is debt free with over $18 million in cash.

U. S. Silica Holdings (SLCA) produces commercial silica and traded over 73 per share and is now less than 26 per share. The price to earnings ratio is 13 with a forward PE of 9. The PEG ratio is an extremely favorable 0.26.  Revenues rose 67% for the latest quarter with earnings skyrocketing 93.5%. As an added bonus, the stock has a 1.8% yield.

Hopefully, one of the tax loss stocks will help you save on taxes. If you like interesting stock lists like this, you should check out the lists at WallStreetNewsNetwork.com.

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

By Stockerblog.com

Stocks Going Ex Dividend the First Week of January


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.

Bank of Nova Scotia
BNS
1/2
4.63%
Brixmor Property Group Inc 
BRX
1/2
3.62%
Mack-Cali Realty 
CLI
1/2
6.30%
Toronto-Dominion Bank
TD
1/2
3.90%
Delek U.S. Holdings
DK
1/2
2.20%
China Distance Education Hldgs Ltd (ADR)
DL
1/2
4.76%
Erie Indemnity
ERIE
1/2
3.00%

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
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.