Stocks Going Ex Dividend the Third Week of March

  Here is our latest update on the stock trading technique called 'Buying Dividends'. 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. In flat or choppy markets, you have to be extremely careful, and may need to avoid the technique during those times.

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 during the next week or two. The list contains many dividend paying companies, all with market caps over $500 million, and yields over 2%. Here are a few examples showing the stock symbol, the ex-dividend date, the yield, and the market capitalization.

Ameren Corp (AEE) 3/11/2013 4.8% $8.1B

Newmont Mining Corp (NEM) 3/11/2013 4.2% $20.1B

Public Storage (PSA) 3/11/2013 3.3% $26.2B

Corus Entertainment Inc. (CJREF) 3/12/2013 4.1% $2.0B

DDR Corp (DDR) 3/12/2013 3.2% $5.3B

El Paso Electric Company (EE) 3/12/2013 3.0% $1.3B

Mercury General Corporation (MCY) 3/12/2013 6.2% $2.2B

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 the high yield utility stocks and the Monthly Dividend Stocks at WallStreetNewsNetwork.com or WSNN.com.

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 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 Updated
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.

By Stockerblog.com

A new all time high for the Dow as the most watched index posted a gain of 126 points.  The advance/declines were almost 3 to 1 positive and the volume was average.  The summation index should turn back up with todays price action.  We've broken out from the latest small consolidation in the stock indexes.  This is either the last leg up or perhaps we have formed a small bearish megaphone on the daily charts.  The next few days will tell.  My order for the March OEX puts was filled in the morning.  I might be early here as well.  The puts are at the price I paid for now.  I'm still going to wait for Fridays employment report on this trade unless we get a strong move higher in the next two days.  GE was up 1/3 on average volume.  We never went back to fill the gap here.  It could also be the start of the last leg higher here as well.  The daily charts look like that they are beginning the #5 or E move of a 5 wave up.  I could be wrong.  Gold was up a couple bucks on the futures as the US dollar was a bit weaker today.  The XAU was off 1/4 after being higher earlier.  ABX, GG and NEM all continued lower fractionally.  Volume was average.  My ABX April calls have lost half of their value.  I'll consider dumping them after the employment report.  This trade has all the look and feel of a loser.  Mentally I'm feeling OK.  There was a chance that the stock indices would break out to the upside again and that is what has happened.  There is still a possibility of a 3rd negative divergence in the daily RSI indicator depending on what happens from here.  Some of the stock indexes had a gap to the upside today, so follow through higher tomorrow is key.  My work calls for some weakness going into next Monday from here though.  I could be mistaken there as well.  I think the stock markets reaction to the jobs report will be the difference one way or the other.  The ABX trade already looks dead.  Oversold, staying there and no bounce.  If you're long there is no worse scenario.  We'll see if the foreign markets ride the coattails of the Dow tomorrow.   

We started off the week with a gain as the Dow rose 38 points on lighter volume.  The advance/declines were positive.  We sold off early and came back once again.  That has been the pattern lately and it continues.  Perhaps we'll hit new all time highs on the Dow tomorrow.  I would still like to try the OEX puts before the employment report due on Friday.  I've left in an open order for the March puts.  If we get to new highs it may get filled.  The summation index continues sideways.  We should be short term overbought on teh stock indices by Wednesday if we progress higher.  GE was up just a bit on light volume.  No trades here for now.  Gold was little changed on the futures, with the US dollar down a touch.  The XAU got pummeled again though, losing 4 1/8.  ABX off 3/4, GG shed 1/2 and NEM fell 2/3.  Volume was heavy here again as the gold shares remain in liquidation mode.  My April ABX calls are solidly in the red.  It looks like I was definitely early on this trade.  I may have to bail out soon because there still is no love for the gold shares.  Deeply oversold and staying there.  I might have to exit on any bounce.  Mentally I'm feeling OK.  The stock indices have the feel of wanting to move higher here.  If the volume remains weak, then the puts will be the proper play.  If we continue to rally into Wednesday, then the March OEX puts should work.  We will have to see how it sets up in the next 2 days.  Gold is dead money and the gold shares are zombie like at this point.  Plenty of time for the April ABX calls to work but it isn't looking good right now.  We'll keep an eye on the overseas action and see what happens tomorrow.

Warren Buffett's Recent Stock Purchases

Warren Buffett, head of Berkshire Hathaway (BRK-A) (BRK-B) and one of the top four richest people in the world, is considered one of the top investors of all time. In January of 1990, Berkshire Hathaway was trading for 7455 a share. It is now, 152,750, an average annual return of almost 14%.

One technique that investors use is following in the footsteps of Buffett; in other words, check to see what companies Warren Buffett is acquiring and buying the same stocks. Let's look at Buffett's latest acquisitions.

Last quarter, Berkshire Hathaway bought Archer Daniels Midland (ADM), the farm products company that markets protein meal, vegetable oil, corn sweeteners, flour, biodiesel, ethanol, and other food items. The stock trades at 15 times earnings and pays a decent yield of 2.4%. Quarterly dividends were increased last month by 8.6%. Earnings for the latest quarter skyrocketed 537.5% year-over-year, on a 6.9% rise in revenues.

Verisign (VRSN), the Internet infrastructure company, is another recent Buffett purchase. The stock trades at 24 times earnings. Earnings were up 96.3% for the latest quarter, n a 13% increase in sales. The company does not pay a dividend.

Buffett also owns Kraft Foods Group (KRFT), which owns such brands as Kraft, Maxwell House, Oscar Mayer, Planters, and JELL-O. The stock has a price to earnings ratio of 18 and yields 4.1%. Earnings were down 77.8% for the latest quarter, on a 10.7% drop in revenues.

If you want a free list of Warren Buffett Berkshire Hathaway stocks, most of which pay dividends, go to WallStreetNewsNetwork.com, which shows the stock ticker symbols, price to earnings ratios, and yields.

Disclosure: Author did not own any of the above at the time the article was written.

By Stockerblog.com

What Stock was Up 79.7% on Thursday and Down 25.7% on Friday?

Can you guess what stock was up 79.7% on Thursday and down 25.7% on Friday? The stock was up Wireless Ronin Technologies (RNIN), a provider content and digital media solutions to customers in retail, automotive, food services, and public space markets.

Yields Above 5% Stocks Below $5

If you like low priced stocks and high yields, check out the list below. The following sell for less than $5 per share and provide dividend yields of 5% or more. Shown is the company name, stock ticker symbol, share price, yield, and price-to-earnings ratio.

Chorus Aviation ( CHRVF ) $4.59 13.2% 5

Educational Development ( EDUC ) $3.88 12.3% 12

Chimera Investment ( CIM ) $3.06 12.1% 6

CanWel Building ( CWXZF ) $2.50 11.3% 19

Dominion Resources ( DOM ) $4.86 10.5% 8

Ten Peaks Coffee Co ( SWSSF ) $2.67 9.4% 13

CWC Well Services ( CAWLF ) $0.67 9.4% 10

Automodular ( AMZKF ) $2.68 9.0% 4

TCL Communication ( TCCLF ) $0.29 8.0% 12

Strad Energy Services ( STRDF ) $3.00 7.4% 6

Universal Insurance ( UVE ) $4.32 7.3% 8

The Caldwell Partners ( CWLPF ) $0.83 7.2% 14

First Surgical ( FSPI ) $1.15 7.2% 5

Star Gas Partners, ( SGU ) $4.41 7.0% 11

Navios Maritime ( NM ) $3.78 6.5% 2

BAB, Inc. ( BABB ) $0.63 6.4% 9

QC Holdings, Inc. ( QCCO ) $3.24 6.1% 7

Smtp Inc ( SMTP ) $1.18 6.1% 19

If you like interesting stock lists like this, such as coffee stocks, 3D printing stocks, and candy stocks, go to WallStreetNewsNetwork.com.

Today it was a one day reversal back to the upside as the Dow was off over 100 points early but closed the day up 35.  The advance/declines were positive and the volume was average.  Apparently the Washington budget mess is a market non-event.  Moving to short term overbought for the stock indices but we're not there yet.  The summation index is moving sideways for now.  I'm still inclined to purchase some OEX March puts before next Fridays employment numbers.  I'll reconsider this idea over the weekend.  GE was off a couple of cents on average volume.  More overbought than oversold here.  There's still a gap to be filled that is lower than where we are now.  Gold was off $5 on the futures, which wasn't too bad considering the continued strength in the US dollar.  The dollar is overbought and staying there.  The XAU was off a point.  ABX down 7/8, GG was up a touch and NEM shed 2/3.  Volume was very heavy for ABX and good for the others.  My open order for the April ABX calls was filled.  It is already in the red.  Perhaps I'm early for this idea but we are very oversold on any time frame.  But that doesn't mean ABX can't go even lower.  Plenty of time for this idea to work though.  However my gold share trades for the past year have been losers with one exception.  Mentally I'm feeling OK.  Although I'm looking for some type of decline in the stock indexes next week, there is a possibility that we will move to new highs on the Dow as well.  We could be on the brink of the final leg up from the rally that began this past November.  If that is the case buying the March OEX puts will not work.  The price action early next week will be the key.  Gold continues to be dead money and the gold shares are getting crushed.  Why would anybody purchase calls in the gold shares at this point?  March is historically the worst performing month for the precious metal.  Sometimes you have to do the opposite of the crowd to be successful.  I'm not saying that this ABX April call trade will work out.  But when all the technicals are very oversold, there is no better time to give it a try.  Unless the gold shares are going to crash, I don't see much more downside from here.  But I could be wrong and often am.  I'll be going over all the charts this weekend to be ready to resume trading on Monday.  For now it's Friday afternoon and time for a break.