February 2009 Dividend Paying Stocks

One way that you can earn very high returns is utilizing a technique called 'buying dividends'. Buying dividends is the process of buying a stock just before it goes ex-dividend and selling it shortly after the ex-dividend date at the same [or at a higher] price as the cost price. The ex-dividend date is the date after which a buyer of the stock is no longer entitled to the dividend. In other words, if an investor purchases a stock on or after the ex-dividend date, the investor will not receive the dividend; however, if the stock is purchased prior to the ex-dividend date, the investor will receive the dividend on what is called the payment date.

Sometimes you can sell the stock on the ex-dividend date, sometimes you have to hold the stock for a few days, and sometimes you have to hold the stock for a few weeks in order to sell the stock at what you paid or higher. In other words, this technique doesn't always work. But if it is a stock worth holding for the long term, what do you have to lose?


AGN - 02-18 - .04

AIZ - 02-19 - .14

AXB - 02-11 - .32

CPLP - 02-06 - 1.05

CR - 02-25 - .20

GS - 02-20 - .47

HRZ - 02-25 - .11

IGTE - 02-25 - .11

JNJ - 02-20 - .46

MAIN - 02-18 - .13

MCO - 02-18 - .10

MHP - 02/23 - .23

MMLP - 02-04 - .75

NMM - 02-05 - .40

NSC - 02-04 - .34

PCAR - 02-17 - .18

PFE - 02-04 - .32

TDW - 02-27 - .25

TGT - 02-18 - .16

UHS - 02-26 - .08

Do You Want Passive Income?

List of 6 Stocks Paying Dividends

Add these stocks to your Watch List. The market is down and dividend stocks are at bargain prices.

City National (CYN) declared a quarterly cash dividend of 25 cents per share, down from 48 cents it had previously paid. This stock once sold for $71.50 and recently closed at $32.99.

Federated Investors Inc (FII) said it will pay a quarterly dividend of 24 cents per share next month to shareholders of record on Feb. 6th. Federated Investors paid a special dividend of $2.76 in September. This stock once sold for $45.01 and recently closed at $19.48.

Heritage financial (HBOS) declared a quarterly cash dividend of $.08 per share from $.07 per share paid last year. The dividend would be payable on February 20, 2009 to shareholders of record as of February 6, 2009. This stock once sold for $12.99 and recently closed at $8.40.

Southern Community Financial Corporation (SCMF) announced that its Board of Directors, at its regular meeting on January 21, 2009, declared a quarterly cash dividend of four cents (.04) per share on the Corporation's common stock. The dividend is payable on February 27, 2009 to shareholders of record as of the close of business on February 13, 2009. This is the Corporation's sixteenth consecutive quarterly dividend, following its former practice of annual cash dividends. This stock once sold for $7.89 and recently closed at $3.87.

Sun Trust (STI) said it has cut its quarterly dividend to 10 cents a share from 54 cents a share until the economic environment and earnings outlook improve. The back-to-back dividend cuts are the first in recent memory for the regional bank. This stock once sold for $70.00 and recently closed at $14.97.

Wells Financial Corp (WEFP) declared a $.26 per share cash dividend, payable on February 24, 2009 to shareholders of record on February 10, 2009. This is the thirteenth consecutive quarter that the Company has paid a $.26 dividend.

You can receive dividend income every month of the year.

Companies pay their dividends using one of three quarterly cycles:

Cycle 1 = January April July October
Cycle 2 = February May August November
Cycle 3 = March June September December

Ex-Dividend Dates:
When Are You Entitled to Stock and Cash Dividends

Have you ever bought a stock only to find out later that you were not entitled to the next cash or stock dividend paid by the company? To determine whether you should get cash and most stock dividends, you need to look at two important dates. They are the "record date" or "date of record" and the "ex-dividend date" or "ex-date."

When a company declares a dividend, it sets a record date when you must be on the company's books as a shareholder to receive the dividend. Companies also use this date to determine who is sent proxy statements, financial reports, and other information.

Once the company sets the record date, the stock exchanges or the National Association of Securities Dealers, Inc. fix the ex-dividend date. The ex-dividend date is normally set for stocks two business days before the record date. If you purchase a stock on its ex-dividend date or after, 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.

Here is an example:

Declaration Date	Ex-Dividend Date	Record Date	Payable Date
7/27/2004	8/6/2004	8/10/2004	9/10/2004

On July 27, 2004, Company XYZ declares a dividend payable on September 10, 2004 to its shareholders. XYZ also announces that shareholders of record on the company's books on or before August 10, 2004 are entitled to the dividend. The stock would then go ex-dividend two business days before the record date.

In this example, the record date falls on a Tuesday. Excluding weekends and holidays, the ex-dividend is set two business days before the record date or the opening of the market – in this case on the preceding Friday. This means anyone who bought the stock on Friday or after would not get the dividend. At the same time, those who purchase before the ex-dividend date receive the dividend.

With a significant dividend, the price of a stock may move up by the dollar amount of the dividend as the ex-dividend date approaches and then fall by that amount after the ex-dividend date. A stock that has gone ex-dividend is marked with an "x" in newspapers on that day.

The benefit of owning a large quantity of stock.