7 Stocks Near Ex-Dividend Date – (WTI, STM, MXIM, IVZ, EML, SMI, ENR)

 By: on Aug 17,2012 Posted in Dividend Ideas ,Investment Ideas
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The amount of a dividend is generally a part of a company’s profit and is called the dividend payout ratio. Each dividend involves three dates including a Record Date, ex dividend date and date payable. The Record Date is usually 5.00pm on the date a company closes its share register in order to find out which shareholders are entitled to receive the most recently declared dividend. All changes to registration details are required to be finalized on this date.

The ex dividend date occurs a couple of business days prior to the company’s Record Date. Investors who wish to be entitled to a dividend must have purchased the shares ahead of the ex dividend date. If you bought shares on or following that date, the previous owner of the shares (and not you) will be the one to receive the dividend. The Date Payable is simply the date on which a company’s dividend is distributed among its investors. Below discussed stocks are set to go ex-dividend on Monday.

W&T Offshore, Inc (NYSE:WTI) maintains an annual dividend yield of 1.76% and a payout ratio of 41.80%. The stock over the last 52 weeks has been trading in a range of $11.87 – $27.40. Its market capitalization stands at $1.35 billion. WTI, an independent oil and natural gas producer, engages in the acquisition, exploration, and development of oil and natural gas properties primarily in the Gulf of Mexico.

STMicroelectronics N.V. (ADR) (NYSE:STM) an independent semiconductor company, engages in the design, development, manufacture, and marketing of a range of semiconductor integrated circuits and discrete devices. STMicroelectronics N.V. has an annual dividend yield of 6.49% and keeps a payout ratio at 278.92%. The stock in the prior 52 weeks has been trading between $4.51 – $8.60. The company is valued at $5.47 billion.

Maxim Integrated Products Inc (NASDAQ:MXIM) currently holds a yearly dividend yield of 3.33%. The stock has traded between $21.16 – $30.00 in the past 52 weeks and has a market capitalization of $8.42 billion. MXIM engages in designing, developing, manufacturing, and marketing various linear and mixed-signal integrated circuits worldwide.

Invesco Ltd (NYSE:IVZ) is a publicly owned investment manager. Invesco Ltd has a dividend yield of 2.87%. The stock in the past 52 weeks has been floating in the range of $14.52 – $26.94. The company’s market capitalization stands at $10.71 million.

The Eastern Company (NASDAQ:EML) has an annual dividend yield of 0.40%. The stock has traded between $15.17 and $26.49 in the last 12-months. Its market capitalization is now at $115.05 million.

Semiconductor Manufacturing Int’l (ADR) (NYSE:SMI), an investment holding company, engages in computer-aided designing, manufacturing, packaging, testing, and trading integrated circuits and other semiconductor services. The stock in the previous 52 weeks has been hovering in range of $1.47 – $3.16. The company is worth $1.16 billion.

Energizer Holdings, Inc (NYSE:ENR) is currently valued at $4.32 billion. The company keeps its annual dividend yield positive at 2.38%. The stock in the previous 52 weeks has traded in a range of $62.98 – $80.36. ENR engages in the manufacture and sale of primary batteries, portable lighting, and personal care products worldwide.

Disclosure: The views and opinions expressed in this article are exclusively those of the authors who have no stake in any stocks mentioned, and hold no plan to acquire any stake within the next 5 days.



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