19 Shipping Stocks Far Below Book Value; Yields Still Up To 32%

If I screen the market by interesting investing ideas, one industry often popped on my screen: The shipping industry.

For sure, the global trade slows down and commodity costs are at the lowest level for decades. What looks like bad news for shipping stocks but also a great opportunity for long term investors?

Let's try a look. Ships are not equal. These are container ships, tanker etc. and each industry has a different cyclic.

The recent correction in share prices across shipping stocks, barring tanker operators, has transpired into attractive valuations. 

While investors are skeptical of catching falling knives, sitting on the cash means missing good bargains. 

Investors should adopt a diversified portfolio within the maritime space, to insulate from heightened uncertainty in the sector. 

We have followed top-down approach to build our model portfolio, while considering company-specific factors such as the balance sheet strength, financial performance and management profile for stock selection. 

It is important to note that shipping is a high-beta sector and tends to underperform/outperform the financial markets by a wide alpha on both sides.

Attached I've tried to compile a few dividend paying shipping stocks that might look like bargains due to low price to book ratios and earnings multiples. What du you think? Are shipping stocks worth an investment? Leave a comment and we discuss the idea.

Here are the results...

Ex-Dividend Stocks: Best Dividend Paying Shares On October 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.

In total, 8 stocks go ex dividend - of which 3 yield more than 3 percent. Here is a full list of all stocks with ex-dividend date within the current week.

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

Company	Ticker	Mcap	P/E	P/B	P/S	Yield
Teekay Tankers Ltd.	TNK	218.17M	-	0.75	1.21	4.60%
Wayne Savings Bancshares Inc.	WAYN	30.04M	15.16	0.78	2.06	3.06%
Teekay Corporation	TK	2.94B	-	2.35	1.58	3.04%
Gap	GPS	18.48B	14.57	5.34	1.14	2.03%
Stewart Enterprises Inc.	STEI	1.12B	25.38	2.44	2.13	1.36%
ChipMOS TECHNOLOGIES	IMOS	500.44M	10.78	1.18	0.76	0.82%
Alamo Group, Inc.	ALG	549.21M	17.54	1.70	0.86	0.61%
Aetrium Inc.	ATRM	3.67M	-	0.92	0.85	-

Best Dividend Paying Ex-Dividend Shares Between January 14 - 20, 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 week.

A full list of all stocks with payment dates can be found here: Ex-Dividend Stocks January 14- 20, 2013. In total, 35 stocks and preferred shares go ex dividend - of which 14 yield more than 3 percent. The average yield amounts to 3.98%.

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

Company	Ticker	Mcap	P/E	P/B	P/S	Yield
Teekay Corporation	TK	2.31B	-	1.66	1.18	3.77%
The Clorox Company	CLX	9.87B	18.24	-	1.79	3.38%
Empresa Nacional de Electricidad	EOC	13.54B	19.13	2.60	2.72	3.01%
Enersis S.A.	ENI	12.18B	17.93	1.52	0.87	2.95%
Foot Locker, Inc.	FL	5.06B	13.81	2.21	0.85	2.14%
Hormel Foods Corp.	HRL	9.09B	18.54	3.22	1.10	1.97%
Potash	POT	37.00B	16.03	3.85	4.54	1.96%
Graco Inc.	GGG	3.24B	23.77	7.60	3.33	1.87%
Lowe's Companies Inc.	LOW	40.30B	21.33	2.83	0.79	1.79%
Franco-Nevada Corporation	FNV	8.26B	256.27	2.57	19.15	1.28%
Pier 1 Imports, Inc.	PIR	2.20B	12.45	1.26	1.35	0.96%
Whole Foods Market, Inc.	WFM	16.45B	35.18	4.32	1.41	0.90%
Apache Corp.	APA	31.53B	12.89	1.03	1.86	0.84%
PerkinElmer Inc.	PKI	3.95B	-	2.03	1.90	0.81%
CR Bard Inc.	BCR	8.49B	17.36	4.47	2.88	0.78%
EOG Resources, Inc.	EOG	34.03B	28.42	2.47	2.97	0.54%

Best Dividend Paying Ex-Dividend Shares On January 14, 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 January 14, 2013. In total, 5 stocks and preferred shares go ex dividend - of which 2 yield more than 3 percent. The average yield amounts to 3.48%.

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

Company	Ticker	Mcap	P/E	P/B	P/S	Yield
RAIT Financial Trust	RAS	368.19M	-	0.38	1.62	6.40%
Teekay Corporation	TK	2.34B	-	1.68	1.19	3.72%
Rouse Properties, Inc.	RSE	887.49M	-	1.63	3.81	1.55%
Pier 1 Imports, Inc.	PIR	2.20B	12.43	1.26	1.35	0.96%
Alamo Group, Inc.	ALG	411.53M	12.88	1.34	0.66	0.81%

The Biggest Ex-Dividend Stocks Between October 15-21, 2012

The Best And Biggest Ex-Dividend Stocks Researched By Dividend Yield - Stock, Capital, Investment. 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-dividend date on the next trading week.

A full list of all stocks with ex-dividend date can be found here: Ex-Dividend Stocks between October15-21, 2012. In total, 52 stocks and preferred shares go ex-dividend - of which 25 yield more than 3 percent. The average yield amounts to 4.42%.

Here is the sheet of the best yielding, higher capitalized Ex-Dividend stocks:

Company	Ticker	Mcap	P/E	P/B	P/S	Yield
Hospitality Properties Trust	HPT	2.91B	23.07	0.99	2.31	7.65%
Pengrowth Energy Corporation	PGH	3.24B	128.80	0.74	2.76	7.64%
Senior Housing Properties Trust	SNH	3.88B	21.36	1.48	7.12	6.91%
Targa Resources Partners LP	NGLS	3.90B	20.93	2.68	0.59	5.99%
Teekay Corporation	TK	2.14B	-	1.61	1.09	4.06%
Procter & Gamble Co.	PG	187.34B	21.85	2.94	2.24	3.31%
Vale S.A.	VALE	93.73B	5.93	1.17	1.74	3.23%
Targa Resources Corp.	TRGP	2.12B	65.82	15.11	0.32	3.15%
The Washington Post Company	WPO	2.67B	27.42	1.03	0.66	2.73%
Caterpillar Inc.	CAT	54.10B	9.26	3.40	0.82	2.51%
Colgate-Palmolive Co.	CL	51.16B	21.36	22.20	3.01	2.30%
Hormel Foods Corp.	HRL	7.58B	16.02	2.63	0.93	2.08%
Graco Inc.	GGG	2.86B	21.12	7.33	3.03	1.90%
Xylem Inc.	XYL	4.57B	16.30	2.35	1.19	1.64%
DST Systems Inc.	DST	2.53B	9.34	2.41	1.01	1.42%
Carpenter Technology Corp.	CRS	2.80B	20.44	2.43	1.38	1.41%
CVS Caremark Corporation	CVS	59.90B	16.64	1.58	0.51	1.38%
Core Laboratories NV	CLB	4.90B	24.19	22.26	5.12	1.08%
PerkinElmer Inc.	PKI	3.39B	-	1.80	1.67	0.94%
Pier 1 Imports, Inc.	PIR	2.00B	11.41	4.35	1.26	0.85%