5 High Yield Dividend Stocks Go Ex-Dividend June 4 – June 8

If you are looking for a few interesting possibilities for your dividend portfolio, there are a few options coming up next week. You can see a list of great dividend stocks going ex-dividend in June, but in the meantime, here are 5 ideas with a focus on higher yields:

Ferrellgas Partners L.P. (FGP)

Ex-Dividend Date: June 5

This gas utility company provides power and heat. The dividend yield, at 11.70%, is on the high end, even for a utility. The five-year average dividend yield is 9.70%, and the three-year growth rate is 0%, and the payout ratio is 555%. There haven’t been any consecutive dividend increases, even though the company has been paying dividends since 1994.

Frontier Communications Corp. (FTR)

Ex-Dividend Date: June 6

Frontier Communications, as you might expect, is a provider of communications services, as well as IT services. The current dividend yield is a rather high 18.50%, and the five-year average is 12.50%. The three-year growth rate average is -12.40%, and there haven’t been any recent consecutive increases. The current payout ratio is 552%, and FTR has paid dividends since 2004.

Kimberly-Clark Corp. (KMB)

Ex-Dividend Date: June 6

If you are looking for a little safer option, Kimberly-Clark is a solid option. The company and its subsidiaries provide a number of household and consumer products that people use every day. The current dividend yield is 3.60%, with a five-year average of 3.90%. The current payout ratio is 66%, and the three-year growth average is 6.68%. KMB is a dividend aristocrat with 37 consecutive years of increases, and the company has been paying dividends since 1935.

Telus Corp (TU)

Ex-Dividend Date: June 6

For those looking to diversify to Canadian dividend stocks, Telus is an option. The company offers communications services mainly in Canada, but also has some offerings in the US and other countries. The dividend yield is currently 4%, with a five-year average of 4.70%. The three-year growth rate is 6.95%, and the currency payout ratio is 0%. Telus has been paying a dividend since 1999, and has offered consecutive dividend increases for each of the last seven years.

Reynolds American Inc. (RAI)

Ex-Dividend Date: June 7

You probably know Reynolds as the cigarette maker, providing tobacco products. The company includes some of the best-selling brands, and also sells smokeless tobacco products, and even nicotine replacement therapy products. The dividend yield on RAI is 5.20%, and the five-year yield is 6.30%. The three-year dividend growth rate is 8.73%, and the payout ratio is 90%. There have been two years of consecutive increases, and dividends have been paid since 2004.

 

Salem Communications (SALM) Announces 2nd Dividend for 2012

Salem Communications first started paying a dividend in 2010. While it skipped out on distributions during 2011 the company has starting paying quarterly dividends in 2012. SALM announced its second quarterly dividend for 2012 of $0.035 per share which gives the company an annual dividend of $0.14 per share. The pay date for the upcoming dividend payout will be June 29th with an ex-dividend date of June 13th.

Dividend Fundamentals

Salem has a dividend yield of 2.9% based on today’s price of $4.71 per share. The company does not have much of a dividend history with only 3 dividend payouts on record. With EPS of $0.16 per share the payout ratio is right around 90%.

About Salem Communications

Salem Communications has had an incredible run over the last year. The stock is up over 30% in the last 12 months and over 100% in the last 6 months. Salem has a market cap of 114M and a P/E ratio of 25. The company provides Christian radio programming for listeners in the United States.

Salem is not listed in the DSO best dividend list.

6 New Stocks Added To The DSO Safe Dividend List

The DSO Safe Dividend list highlights companies with a long history of increasing dividend payouts. Year after year these companies raise their dividend to help propel growth and stock price appreciation. This month we’ve added 6 new stocks to the list that have increased their dividend for 20 years or more.

Chevron (CVX)

Chevron has a dividend yield of 3.3% and has increased its dividend for 20 consecutive years. CVX has a payout ratio of 24% and a 5 year dividend growth rate of 9%. The company has a solid cash flow yield of almost 9% and a DSO rating of 96 points.

Community Bank System (CBU)

Community Bank System has a dividend yield of 3.8% and has increased its dividend of 20 consecutive years. CBU has a 5 year dividend growth rate of 5% and a payout ratio of 50%. The company has a DSO rating of 99 because of its solid cash flow, dividend yield and performance over the last 12 months.

Mercury General (MCY)

Mercury General has a dividend yield of 5.5% and has increased its dividend for 20 years. MCY has a payout ratio of 64% and a 3 year dividend growth rate of 1.5%. Because of the slowing dividend growth rate and low cash flow MCY has a slightly lower DSO rating of 90.

Universal Health REIT (UHT)

Universal Health REIT has a dividend yield of 6.3% and has increased its dividend for 20 years. It has a low dividend growth rate just above 1%. Despite the company’s low growth rate UHT has a DSO rating of 90 based around its solid yield and growing income.

General Dynamics (GD)

General Dynamics has a dividend yield of 3% and has increased its dividend for 20 consecutive years. GD has a payout ratio of 23% and a 5 year dividend growth rate of 14.5%. The company has strong cash flow but has not performed well over the last year. It has a DSO rating of 89.

National Retail Properties (NNN)

National Retail Properties has a dividend yield of 5.8% and has increased its dividend for 20 consecutive years. It is the 2nd REIT being added to the list and has a 5 year dividend growth rate of 2.5%. The DSO rating for NNN is 86 due to its neutral cash flow and negative income growth rate.

3 Financial Stocks Announcing New Dividends – ALNC, CASH, SLM

3 dividend-paying stocks in the financial sector announced their next dividend payouts today. Each stock has a dividend yield of 2% or more.

Meta Financial Group (CASH)

Meta Financial announces their next dividend of $0.13 per share which maintains the company’s annual dividend of $0.52 per share and a 2.5% dividend yield. The dividend will be paid on July 1st and have an ex-dividend date of June 7th. CASH has paid a quarterly dividend of $0.13 per share for more than 5 years without increasing the dividend. The company has a payout ratio of 12%. The company started paying dividends in 1994.

Alliance Financial Corp (ALNC)

Alliance Financial said today that the company will pay a dividend of $0.31 per share on July 2nd. That will maintain a annual dividend of $1.24 and a dividend yield of 3.9%. The ex-dividend date is June 14th. This is the 3rd consecutive quarter where the company will pay a $0.31 dividend. Alliance has a payout ratio of 46% and a 5 year dividend growth rate of 7%. The company has increased its dividend for 6 consecutive years.

Sallie Mae (SLM)

Sallie Mae said today that the company will pay a dividend of $0.125 per share on June 15th with an ex-dividend date of May 30th. This gives Sallie Mae a annual dividend of $0.50 and a dividend yield of 3.6%. Sallie Mae increased its dividend in 2012 by 20%. The company just started paying quarterly dividends in 2011. The company has a payout ratio of 40%.

The DSO Dividend Calculator Is Here

We are proud to introduce the latest edition to our Dividend Tool set, the DSO Dividend Calculator. This free tool was created to help dividend investors estimate the future performance of dividend portfolios and stocks. The tools takes into account many different factors including dividend reinvestments, additional annual investments, taxes and increases in the stock price. The DSO Dividend Calculator bases its formula on the selected investment type which is explained below.

Investment Type

Portfolio: Portfolio is the default option for the tool. It allows for projections to be based off of a total invested amount instead of an individual stock. An average yield is entered instead of current yield and dividend growth %. The average yield will be used in each year to calculate that years dividend.

Individual Stocks: Selecting individual stocks requires a recent stock price, shares owned and expected annual dividend growth rate. By selecting this option the user will see how many new shares they will own at the end of the investment period.

Taxable Account

Selecting yes will apply the specified tax rate to dividends paid before the dividend is reinvested. Selecting no will avoid taxes all together. The tax rate is entered later.

Distribution Frequency

Enter how often dividends will be paid. Most stocks pay dividends quarterly but occasionally companies pay monthly, semi-annually or annually. The distribution frequency effects the rate that the investment compounds if the dividend is reinvested.

DRIP

DRIP stands for Dividend Reinvestment Program. Select yes if the dividend will be reinvested each time it is paid. Select no if the dividend will not be reinvested.

Other Options

Starting Principal: This option is listed when the portfolio option is selected. Enter the total amount invested. This number could represent a group of stocks or a portfolio.

Share Price: This option only shows if Individual Stock was selected as the investment type. Enter a price per share for the stock.

Shares Owned: This option only shows if Individual Stock was selected as the investment type. Enter the number of shares owned for the stock.

Annual Addition: Enter the amount planned for new investment each year. This is new money that will be added to the portfolio or used to buy stock in an individual company.

Expected Increase % Per Year: The amount the stock or portfolio will increase in value each year.

Dividend Tax Rate: This option is listed if the Taxable Account – Yes option was selected. Enter a tax rate that will be applied to dividend payouts before they are reinvested.

Avg Annual Dividend Yield: This option only shows if Portfolio was selected as the investment type. Enter a dividend yield percentage that will be used for each year of the investment.

Years Invested: Total number of years for the investment

Current Dividend Yield: This option only shows if Individual Stock was selected as the investment type. Enter the current dividend yield percentage for a stock.

Dividend Growth Rate: This option only shows if Individual Stock was selected as the investment type. Enter the percentage by which the dividend will increase each year.

Results

After all the inputs have been made and the “Calculate” button has been clicked the results are displayed based on the number of years entered. We give an overview of the total value of the investment and the dividend income paid. We also provide a worksheet to help our readers understand how the calculation was made for each year.

Please note that this tool provides no guarantee of future results. It is provided as is and should only be used to make estimates about the future. It does not come with a warranty of any kind.

Find the tool here: DSO Dividend Calculator

Questions or comments? Please contact us.

Facebook, Europe Still Factors; Busy Week for Economic Data

Last week, for the most, part, Facebook and Europe were the main factors affecting the markets. Facebook’s disappointing IPO was made even more disappointing by more losses, and uncertainty in Europe continues to dominate headlines. And, if you are interested in using economic data to make decisions this week, there is enough to keep you busy.

Facebook’s IPO Mess

Facebook’s (FB) disappointing IPO continues to to be an issue as the stock continues to fall. On top of that, many disgruntled “little people” found out that warnings about Facebook’s second quarter numbers, and other important information, was only released to big investors. So huge investors knew that FB was overvalued — and most regular investors had no idea. This is likely to impact trust in the stock market even further, and create concern about whether ordinary folks can win in the rigged game.

Friday ended on a sour note as the Dow continued to lose ground, and as stocks around the world fell on more European troubles.

European Issues Continue

There is no escaping Europe right now. Eurozone leaders are scrambling to figure out how they can keep Greece from leaving the 17-nation currency region. The fear is that Greece’s exit could cause a domino effect. It’s not helping that new elections are scheduled for mid-June, since the politicians benefitting from the most recent elections have been unable to form a government.

On top of that, Germany held a successful auction for 0% yielding bonds. That means that, after inflation, investors are paying to hold German debt. That says a lot about what is thought of the eurozone at a whole (especially with Bankia receiving a bailout from an already burdened Spanish government). Suggestions for issuing eurobonds are still being dismissed by Germany.

Week Ahead: Economic News Coming

Of course, the results of the latest economic news releases could have an impact on the markets. Some of the releases to look forward to this week include:

  • May 29: March Case-Shiller 20-city Index
  • May 29: Consumer confidence measure for May
  • May 30: April pending home sales
  • May 31: Quarter 1 revised GDP
  • May 31: Chicago PMI for May
  • Jun 1: May nonfarm payrolls

And, of course, the weekly data relating to jobless claims and crude inventories will be released this week. It looks to be an interesting week ahead, with plenty of baggage from last week to worry about, as well as speculation about what indications can be gleaned from the economic data to be released later this week.

5 High Yield Dividend Stocks Go Ex-Dividend May 28-June 1

Next week is going to be a busy one for ex-dividend dates. With the end of the month coming on, it’s no surprise that there are several stocks going ex-dividend between May 28 and June 1. With an eye toward popularity, and dividend yield, here are 5 interesting possibilities for dividend stocks going ex-dividend next week. For more ideas, you can visit our list of May 2012 ex-dividend dates.

Full Circle Capital Corp (FULL)

Ex-Dividend Date: May 29

This wealth management company offers a number of services focusing on investments. This financial sector company features a current dividend yield of 13.30%. However, since the company has only been paying dividends since 2010, there is no three-year and five-year information. There has been one consecutive dividend increase, however. The current payout ratio isn’t one that can be measured at this time.

Whitestone REIT (WSR)

Ex-Dividend Date: May 30

REITs make interesting choices, since the dividends are generally generous. WSR is one REIT that offers a payout ratio of 950% and a current dividend yield of 8.70%. There has only been one consecutive year of dividend increases. It’s a fairly new option, only starting to pay in 2010. As a result, there isn’t any five-year or three-year information on this REIT.

Kellogg Co. (K)

Ex-Dividend Date: May 30

The cereal maker is one of the most respected companies and dividend payers. There have been seven years of consecutive dividend increases, and the first dividend was offered in 1923. The dividend yield is a rather modest (as compared to the others on this list) 3.40%, but it is a solid dividend, with a 50% payout ratio. The five-year average for dividend yield is 2.90%, and the three-year growth rate is 8.43%.

TransAlta Corp (TAC)

Ex-Dividend Date: May 30

If you are interested in a Canadian dividend stock, this utility company is going ex-dividend next week. TransAlta has a number of hydropower operations. TAC has a dividend yield of 6.90%, and a five-year average of 5.40%. The payout ratio is 90%, and there is three-year growth average of 1.82%. TAC hasn’t had any consecutive dividend increases, but it has been paying dividends since 1993.

Regal Entertainment Group (RGC)

Ex-Dividend Date: June 1

The popular entertainment group has a number of movie theaters across the country, including a number of “regular” screens and Imax screens. The current dividend yield for RGC is 5.80%, and the five-year average yield is 8.20%. The payout ratio is 117%, and the three-year growth rate is 34.78%. RGC has been paying dividends since 2002, but there hasn’t been a consecutive dividend increase.

3 Top Rated Companies Announce New Dividend Payouts (POR, HNZ, MCD)

Three companies ranked in our top 100 dividend list announced an upcoming dividend payout for 2012. For our complete top 100 list visit the best dividend stocks page.

Portland General Electric (POR)

Portland Electric raised its dividend by a half a cent per quater to $0.27 per share giving it annual dividend of $1.08 and a new forward dividend yield of 4.35% which still a little lower than its 5 year yield average of 4.7%. The new dividend will be payable July 16th with an ex-dividend date of June 21.

POR has a payout ratio of 63% and has increased its divdiend each year since it started paying dividends in 2006. The company has a 5 year dividend growth rate of 3.33%. POR is ranked #6 on the DSO top 100 list.

HJ Heinz (HNZ)

Heinz announced a new dividend of $0.515 per share which is 7% higher than its previous dividend of $0.48. This gives Henize an annual dividend of $2.06 and a dividend yield of 3.84%. This new dividend will be paid on July 10th with an ex-dividend date of June 20, 20th.

HNZ is ranked #94 on the DSO top 100 list. The company has increased its dividend for 8 consecutive years and has a 5 year divdidend growth rate of 6.5%.

McDonalds (MCD)

McDonalds announced the company’s 3rd consecutive quarterly dividend of $0.70 per share yesterday which maintains its annual dividend of $2.80 per share. If we use history as our guide we can expect one more dividend of $0.70 this year from McDonald’s before the company raises its dividend again. The next dividend is payable on June 15th with an ex-dividend date of May 31.

MCD is ranked #9 on our top 100 list. It has a dividend yield of 2.9% and a payout ratio of 49%. The company has increased its dividend for 35 consecutive years and has a 3 year dividend growth rate of 14.4%.

2 High Yield Food Stocks Declare New Dividends

Two food stocks with relatively high dividend yields announced their next dividend distribution today. There has been some concern from analysts recently about the ability to pass inflated food prices on to restaurants and food distributors as seen with a few recent downgrades in May.

Sysco Corp (SYY)

Sysco announced today that the company will pay a dividend of $0.27 per share to shareholders of record on July 6th. The ex-dividend date for this payout is July 3rd. Sysco likes to increase its dividend by $.01 per quarter each year for a total of $.04 per year. They have done this for the last 5 years. This announcement the third such payout for 2012.

Sysco has a dividend yield of 3.8% which is above its 5 year yield average of 3.4%. The company has increased its dividend for 35 years and has a 3 year dividend growth rate of 4.8%. Let’s hope Sysco can do better than a $.04 annual dividend increase in 2013.

Kraft Foods (KFT)

Kraft announced today that they will match their previous dividend payouts of 2012 with the company’s next payout of $0.29 per share. It will be payable to shareholders on July 16th and comes with an ex-dividend date of June 27th. Kraft has been paying the same quarterly dividend since October of 2008.

KFT has a dividend yield of 3% which is lower than its 5 year yield average of 3.6%. Without any recent dividend increases the company has a 3 year dividend growth rate of 0%. KFT has a payout ratio of 58% and it started paying dividends in 2001.

Neither Kraft nor Sysco are ranked on our 100 best dividend stocks list. For more information on consumer goods stocks that pay dividends take a look at our dividend sectors page.

Elmira Savings Bank (ESBK) Announces Its Next Dividend

After boosting its dividend by 10% to start off 2012 Elmira Savings Bank has announced its second dividend distribution for the year. The quarterly dividend amount of $0.22 per share matches the first quarter distribution and maintains the forward annual dividend of $0.88 annually. ESBK has a dividend yield of 4.6%.

This new dividend was announced today, May 23rd and will be paid to shareholders on July 27th. The Ex-dividend date for this payout is June 8th. To qualify for the dividend, shareholders must own the stock at the close of trading the day before the ex-dividend date.

Dividend Fundamentals

Elmira’s 4.6% dividend yield is more than 10% higher than its 5 year yield average of 4.1%. The company has increased its dividend for 2 consecutive years and has a 5 year dividend growth rate of 5.1%. It has a low payout ratio of just 47%.

About Elmira Savings Bank

Elmira Savings Bank is a mutual savings bank with a federal charter. The stock is up over 37% in the last 6 months and over 25% in the last year. It has a market cap of just $43M and a P/E ratio of 13.

ESBK is ranked #3 on the DSO top 100 list. It ranks well for its strong cash flow position, strong net income growth and solid dividend growth. The performance of the stock over the last 12 months has moved the stock up the list over the last year.