Diary of a Dividend Diva: A Flurry of Payouts Approaching

 | Mar 22, 2013 | 11:00 AM EDT  | Comments
  • Comment
  • Print Print
  • Print
Stock quotes in this article:








Every so often I flag what I call a "Dividend D-Day" -- a day when a massive number of stocks go ex-dividend. These D-Days give you the opportunity to load up on a great deal of dividend income in a short period. Of course, it is good to stockpile some capital to take advantage of the income flow, but I leave your cash-balance management up to you.

The next D-Day is coming up March 26, so you have Friday and Monday to buy the names that tickle your fancy. Below is my list of D-Day dividends. Note that this is a pre-screened list, so all the dividends have some level of attractiveness due to size, industry and trading volume, among other things. Naturally, do not just buy these indiscriminately. Do some homework, check the charts, look for the hidden risk of upcoming news and so on.

Dividend D-Day Stocks -- March 26 Ex-Dividend
Source: FactSet

As always, some sectors are good for dividend capture, while that's less true for others. I generally avoid utilities, since these stocks are owned for the dividend and trade "efficiently," meaning they will drop and not come back to your purchase price for some time. For that reason, I am staying away from PG&E (PCG), Sempra Energy (SRE), Edison International (EIX) and the like. Similar risk is found in some of the energy income names, such as Penn West (PWE) and TransCanada (TRP).

Elsewhere on the list, I've highlighted names I am playing coming into this D-Day. I love consumer staples for dividend capture, and both Kraft Foods (KRFT) and Philip Morris (PM) fit that bill. Staples (SPLS) looks reasonably good in the retail space. I am actually long Deere (DE) for a capital gain, not just the dividend, but I highlighted it since I own it and will collect some nice income.

Columnist Conversations

All; I've received a few questions about the subject of my column for this weekend about the implications of a...
Judge Smails embarrassed me into writing it!
Some pretty obvious selling in the FATMAN names vs the Nasdaq futures post regular session open. FATM...
You can see the time/price support on the daily chart of SPX below. It also shows you the next major decision ...



News Breaks

Powered by


Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.