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Showing posts with label PROV. Show all posts
Showing posts with label PROV. Show all posts

16 Cheap Dividend Stocks With Low Debt To Boost Share Repurchases

Dividend paying stocks with low debt ratios and big share repurchases originally published at long-term-investments.blogspot.com. I love dividend growth stocks and dividend paying companies in general but it’s also important to see that the corporate buys its own shares back.

The process of share repurchases is a special way to give shareholder’s money back in a very tax-optimized way. 

A low yielding stock with a 2 percent yield can lift the total yield via stock repurchases to 4 percent or so. For sure, share buybacks are no cash yields on your trading account; it’s an indirect way to reduce the current shares and lift the potential share price.

There is an index outside that covers some of the best stocks with share repurchases that bought at least 5 percent of its outstanding shares within the past 12 months.

Today I would like to screen the Buyback Achievers index by the best yielding stocks with a low forward P/E as well as a very low debt-to-equity ratio. Low debt is a good indicator for potential growth or additional share buybacks.

These are my criteria in detail:
- Positive Dividend Yield
- Forward P/E under 15
- Long-Term Debt-To-Equity below 0.2
- Member of the Buyback Achievers Index

In total, sixteen Buyback Achievers Index stocks fulfilled the above mentioned restrictions of which ten have a current buy or better rating.

Best Dividend Paying Ex-Dividend Shares On February 11, 2013

The best yielding and biggest ex-dividend stocks researched by ”long-term-investments.blogspot.com”. Dividend Investors should have a quiet overview of stocks with upcoming ex dividend dates.

The ex dividend date is the final date on which the new stock buyer couldn’t receive the next dividend. If you like to receive the dividend, you need to buy the stock before the ex dividend date. I made a little screen of the best yielding stocks with a higher capitalization that have their ex date on the next trading day.

A full list of all stocks with payment dates can be found here: Ex-Dividend Stocks February 11, 2013. In total, 14 stocks and preferred shares go ex dividend - of which 5 yield more than 3 percent. The average yield amounts to 3.70%.

Here is the sheet of the best yielding, higher capitalized ex-dividend stocks:

Company
Ticker
Mcap
P/E
P/B
P/S
Yield
Summit Hotel Properties, Inc.
606.07M
-
1.12
3.50
4.85%
Duke Realty Corp.
5.02B
-
1.68
4.53
4.27%
Consolidated Edison Inc.
16.72B
14.98
1.30
1.36
4.24%
Brookline Bancorp, Inc.
634.22M
17.08
1.05
2.97
3.76%
Regency Centers Corporation
4.60B
169.50
2.56
9.16
3.64%
Sandy Spring Bancorp Inc.
493.97M
13.40
1.02
3.43
2.82%
Southern Copper Corp.
34.13B
17.71
5.20
5.10
2.38%
Amgen Inc.
65.39B
15.44
3.38
3.79
2.21%
Valero Energy Corporation
25.09B
12.12
1.45
0.18
1.77%
Provident Financial Holdings Inc.
189.64M
8.74
1.21
3.91
1.58%
Home Bancshares
983.01M
15.68
1.91
5.55
1.49%
First Bancshares Inc.
33.62M
9.32
0.51
1.28
1.39%
Carriage Services Inc.
265.67M
35.78
2.03
1.34
0.68%
Graham Corp.
233.07M
38.25
2.71
2.51
0.34%