The Best Dividends On April 03, 2012

Submitted by Dividend Yield using our Trefis Contributor Tool

Here is a current overview of best yielding stocks with a market capitalization over USD 2 billion that have their ex-dividend date on the next trading day. If your broker settles your trade today, you will receive the next dividend. A full list of all stocks with ex-dividend date can be found here: Ex-Dividend Stocks April 02, 2012. In total, 37 stocks and preferred shares go ex-dividend of which 12 yielding above 3 percent. The average yield amounts to 3.19 percent.

The ex-dividend date is a major date related to the payment of dividends. If you purchase a stock on its ex-dividend date or later, you will not receive the next dividend payment. Instead, the seller gets the dividend. If you purchase before the ex-dividend date, you get the dividend. It is important that your broker settles your trade before the ex-dividend date.

These are the results of the best yielding stocks:

Bristol-Myers Squibb Company (BMY) has a market capitalization of USD 56.95 billion and operates within the “Drug Manufacturers – Major” industry. These are the market ratios of the company:

P/E Ratio: 15.63,
Forward P/E Ratio: 17.40,
P/S Ratio: 2.68,
P/B Ratio: 3.57,
Dividend Yield: 4.03%.

Sysco Corp. (SYY) has a market capitalization of USD 17.46 billion and operates within the “Food Wholesale” industry. These are the market ratios of the company:

P/E Ratio: 15.31,
Forward P/E Ratio: 14.43,
P/S Ratio: 0.43,
P/B Ratio: 3.72,
Dividend Yield: 3.62%.

Erie Indemnity (ERIE) has a market capitalization of USD 3.72 billion and operates within the “Insurance Brokers” industry. These are the market ratios of the company:

P/E Ratio: 25.47,
Forward P/E Ratio: 22.14,
P/S Ratio: 0.77,
P/B Ratio: 4.78,
Dividend Yield: 2.84%.

JPMorgan Chase & Co. (JPM) has a market capitalization of USD 175.52 billion and operates within the “Money Center Banks” industry. These are the market ratios of the company:

P/E Ratio: 10.29,
Forward P/E Ratio: 8.38,
P/S Ratio: 2.86,
P/B Ratio: 0.95,
Dividend Yield: 2.61%.

Medtronic (MDT) has a market capitalization of USD 40.78 billion and operates within the “Medical Appliances & Equipment” industry. These are the market ratios of the company:

P/E Ratio: 12.68,
Forward P/E Ratio: 10.71,
P/S Ratio: 2.52,
P/B Ratio: 2.38,
Dividend Yield: 2.48%.

Gentex (GNTX) has a market capitalization of USD 3.53 billion and operates within the “Auto Parts” industry. These are the market ratios of the company:

P/E Ratio: 21.49,
Forward P/E Ratio: 16.33,
P/S Ratio: 3.45,
P/B Ratio: 3.44,
Dividend Yield: 2.12%.

Gap (GPS) has a market capitalization of USD 12.75 billion and operates within the “Apparel Stores” industry. These are the market ratios of the company:

P/E Ratio: 16.65,
Forward P/E Ratio: 12.75,
P/S Ratio: 0.88,
P/B Ratio: 4.60,
Dividend Yield: 1.91%.

Cisco Systems (CSCO) has a market capitalization of USD 113.91 billion and operates within the “Networking & Communication Devices” industry. These are the market ratios of the company:

P/E Ratio: 16.52,
Forward P/E Ratio: 10.63,
P/S Ratio: 2.54,
P/B Ratio: 2.31,
Dividend Yield: 1.51%.

Monsanto (MON) has a market capitalization of USD 42.70 billion and operates within the “Agricultural Chemicals” industry. These are the market ratios of the company:

P/E Ratio: 25.08,
Forward P/E Ratio: 19.60,
P/S Ratio: 3.44,
P/B Ratio: 3.87,
Dividend Yield: 1.50%.