This site lists all big cash dividends by US corporations. It is aimed at investors following the dividend capture strategy. Disclamer. Help.

CTL ex-dividend on 7/2 (2%)

June 29th, 2008

CenturyTel will pay a regular quarterly dividend of $0.700 on Jul 21st if you own the stock at market opening on Wednesday, July 2. That’s 2% of the share price of $35.490, or a 8% annual yield. Part of a big hike in the company\’s annual cash dividend to $2.80 from $0.27 per share. This one actually includes a one-time dividend of $0.6325 per share, effectively adjusting the total second quarter dividend to the new $0.70 quarterly dividend rate. The new annual dividend rate of $2.80 represents a whopping payout of 52% of free cash flow. And the company still has a large stock repurchase program ongoing. That does not leave much cash for investing in the business however.

EDUC ex-dividend on 5/7 (6%, special)

April 29th, 2008

Educational Development will pay a special dividend of $0.400 on May 19th to holders as of Wednesday, May 7. That’s 6.2% of the share price of $6.450. 30 cents out of 40 corresponds to a regular quarterly dividend (up from 22 cents last quarter), with the remaining 10 cents being the special dividend. The dividend will be paid entirely out of cash reserve, and the company has no outstanding debt… always a very good sign.

NHI ex-dividend on 3/27 (2.1%)

March 10th, 2008

National Health Investors, a health care financial REIT, will pay a regular quarterly dividend of $0.630 on May 9th if you own the stock at market opening on Thursday, March 27. That’s 2.1% of the share price of $30.200, or a 8% annual yield. Includes a special dividend of 8 cents.

SFI ex-dividend on 3/13 (4%)

March 2nd, 2008

iStar Financial, a commercial financial REIT, will pay a regular quarterly dividend of $0.870 on Apr 30th if you own the stock at market opening on Thursday, March 13. That’s 3.9% of the share price of $22.170, or a 16% annual yield.

BOOT ex-dividend on 2/20 (7%, special)

February 10th, 2008

LaCrosse Footwear will pay a special dividend of $1.125 on Mar 18th if you own the stock at market opening on Wednesday, February 20. That’s 6.7% of the share price of $16.750. Includes a quarterly dividend of 12.5 cents per share.

SNSTA ex-dividend on 1/30 (4%, special)

January 28th, 2008

Sonesta Hotels will pay a special dividend of $1.000 on Feb 12th if you own the stock at market opening on Wednesday, January 30. That’s 3.6% of the share price of $27.500.

SUI ex-dividend on 1/9 (3%)

January 2nd, 2008

Sun Communities, a residential REIT, will pay a regular quarterly dividend of $0.630 on Jan 22nd to holders as of Wednesday, January 9. That’s 3.2% of the share price of $19.520, or a 13% annual yield. Dividend is flat over last two quarters… quite an achievement for a real-estate company those days. Their strategy of converting the renters at its communities to buyers upon the completion of the leases is cushioning SUI from the housing slowdown.

NHI ex-dividend on 12/27 (5%)

December 18th, 2007

National Health Investors, a health care financial REIT, will pay a regular quarterly dividend of $1.350 on Jan 31st if you own the stock at market opening on Thursday, December 27. That’s 4.6% of the share price of $29, or a 18% annual yield. Includes a special dividend of 85 cents.

OFLX ex-dividend on 12/31 (5%, special)

December 17th, 2007

Omega Flex, a manufacturer of flexible metal hose, will pay a special dividend of $0.700 on Jan 17th to holders as of Monday, December 31. That’s 5% of the share price of $14.050. This will be the second special dividend the company has declared since going public in 2005.

JRT ex-dividend on 12/26 (10%, special)

December 17th, 2007

JER Investors Trust, a mortgage REIT, will pay a special dividend of $1.100 on Jan 30th if you own the stock at market opening on Wednesday, December 26. That’s 9.7% of the share price of $11.350. Includes a 65 cents special dividend on top of the 45 cents regular dividend.

MYE ex-dividend on 12/18 (2.4%, special)

December 11th, 2007

Rubber and plastic manufacturer Myers Industries will pay a special dividend of $0.340 on Jan 2nd to holders as of Tuesday, December 18. That’s 2.4% of the share price of $14.250. Includes a 6 cents regular dividend. This is part of an agreement that extends the closing date of its $1.1 billion acquisition by Goldman Sachs. I d skip playing the run up here, though, as there is some concern the acquisition may not come through, as reflected by the downward trend of the share ( Stock trades 26% below its 50 days moving average and 31% below its 200 days moving average).

IPSU ex-dividend on 12/20 (13%, special)

December 10th, 2007

Imperial Sugar will pay a special dividend of $2.500 on Jan 3rd to holders as of Thursday, December 20. That’s 12.9% of the share price of $19.450. Like many commodities, Sugar seems to be a good business those days, with gross margins above 15% for the second year in a row. The company already paid a $3 special dividend one year ago. Watch out for the downward trend here ( Stock trades 18% below its 50 days moving average and 28% below its 200 days moving average).

CTBK ex-dividend on 12/19 (4%)

December 10th, 2007

City Bank, will pay a dividend of $1.000 on Jan 11th if you own the stock at market opening on Wednesday, December 19. That’s 4.5% of the share price of $22.390.

SFI ex-dividend on 12/13 (3%)

December 6th, 2007

iStar Financial, a commercial financial REIT, will pay a regular quarterly dividend of $0.870 on Dec 31st to holders as of Thursday, December 13. That’s 2.9% of the share price of $29.790, or a 12% annual yield.

GKK ex-dividend on 12/27 (10%, special)

December 6th, 2007

Gramercy Capital, a commercial mortgage REIT, will pay a special dividend of $2.630 on Jan 15th to holders as of Thursday, December 27. That’s 10.3% of the share price of $25.500. The special dividend was pre-anounced following the sale of Gramercy�s 45% interest in a Manhattan property. It also includes a 63c regular dividend.