X Factor: 5 Stocks Reaching Their Ex-Dividend Date on September 14
By Christopher Witrak Sep 13, 2012 10:25 am
Allied World Assurance Company Holdings, DSW, and Ecolab are on the list.
DSW (DSW) yields 1.12% annually and has a market cap of $2.86 billion. The footwear retailer will pay a quarterly dividend of $0.18 on September 28. This dividend results in a quarterly yield of 0.28% based on yesterday's closing price of $64.10. The company has paid a quarterly since the middle of last year.
Altra Holdings (AIMC) yields 1.08% annually and has a market cap of $498.30 million. The power transmission and motion control products company will pay a quarterly dividend of $0.05 on October 2. Its quarterly yield will be 0.27% based on yesterday's closing price of $18.50. The company began paying a dividend in the last quarter of this year.
These companies also have their ex-dividend date on September 14. All annual yields are estimated.
AG Mortgage Investment Trust (MITT) yields 12.80% annually and will pay a quarterly dividend of $0.77 on October 26.
Warwick Valley Telephone Company (WWVY) yields 7.50% annually and will pay a quarterly dividend of $0.27 on September 28.
Apollo Senior Floating Rate Fund (AFT) yields 6.59% annually and will pay a monthly dividend of $0.105 on September 28.
Alliance Financial Corporation (ALNC) yields 3.47% annually and will pay a quarterly dividend of $0.32 on October 2.
LS Starrett Co. (SCX) yields 3.13% annually and will pay a quarterly dividend of $0.10 on September 28.
Purchase -- and have your broker settle -- before the ex-dividend date to secure the dividend.
(See also: 11 High-Quality Dividend-Paying Stocks to Consider Ahead of First Quarter)
No positions in stocks mentioned.