More investors are seeking dividend yielding stocks to earn a decent return on their money. Due to the Federal Reserve’s zero interest rate policy, returns on money market accounts and CDs are a joke. Even more troublesome, the Fed has guaranteed record low interest rates till at least mid-2013.
Listed below are 12 stocks that pay a dividend of at least 3.5%. Furthermore, these stocks are approaching ex-dividend dates. Investors must own the stock before the ex-date in order to receive the upcoming dividend.
Verizon (NYSE:VZ): Shares pay a 5.22% dividend. Recently, the company has entered a spat with Google (NASDAQ:GOOG) over its electronic payment system called Google Wallet. Verizon spokesman Jeffrey Nelson said, “Recent reports that Verizon is blocking Google Wallet on our devices are false.” Verizon also explained that Google Wallet must be integrated into “a new, secure and proprietary hardware in our phones. We are continuing our commercial discussions with Google on this issue.” The app is already installed on some smartphones carried by Sprint (NYSE:S). Ex-date is 1/6/12. Get the most recent company news and stock data here >>
World Wrestling Entertainment (NYSE:WWE): Shares pay a 4.6% dividend. It is an integrated media and entertainment company, engages in the sports entertainment business. Shares recently closed above their 200-day MA as the company prepares to launch its own television network in 2012. Ex-date is 12/13/11. Get the most recent company news and stock data here >>
Merck & Co Inc. (NYSE:MRK): Shares pay a 4.7% dividend. It is a global pharmaceutical company that discovers, develops, manufactures, and markets a broad range of human and animal health products. Merck’s products include a treatment for elevated cholesterol, a treatment for male pattern hair loss, a preventive treatment for osteoporosis, a treatment for hypertension, and a treatment for allergic rhinitis. Ex-date is 12/13/11. Get the most recent company news and stock data here >>
DTE Energy (NYSE:DTE): Shares pay a 4.5% dividend. A diversified energy company, develops and manages energy-related businesses and services nationwide. The company, through its subsidiaries, generates, purchases, transmits, distributes, and sells electric energy in southeastern Michigan. DTE is also involved in gas pipelines and storage, unconventional gas exploration, development, and production. Competitors include: Integrys Energy Group. Inc. (NYSE:TEG) and Wisconsin Energy Corp. (NYSE:WEC). Ex-date is 12/15/11. Get the most recent company news and stock data here >>
Garmin Ltd. (NASDAQ:GRMN): Shares pay a 4.3% dividend. Garmin provides navigation, communications, and information devices, most of which are enabled by GPS technology. The company designs, develops, manufactures, and markets hand-held, portable, and fixed mount navigation, communications, and information products under the GARMIN brand name. Ex-date is 12/13/11. Get the most recent company news and stock data here >>
NYSE Euronext (NYSE:NYX): Shares pay a 4.4% dividend. The company operates a marketplace for equities and derivatives in Belgium, France, the Netherlands and Portugal, derivatives in the United Kingdom, and equities and other securities in the United States. Ex-date is 12/13/11. Get the most recent company news and stock data here >>
Raytheon Co. (NYSE:RTN): Shares pay a 4.7% dividend. It is a worldwide company that operates in defense, homeland security and other government markets. Raytheon provides electronics, mission systems integration in the areas of sensing, effects, command, control, communications and intelligence systems, and mission support services. Competitors include: Boeing Co. (NYSE:BA) and Lockheed Martin Corporation (NYSE:LMT). Ex-date is 12/30/11. Get the most recent company news and stock data here >>
Huntsman Corp. (NYSE:HUN): Shares pay a 3.7% dividend. Huntsman manufactures differentiated and commodity chemical products. The company markets a broad range of chemical products and formulations to a diversified group of consumer and industrial customers. Huntsman’s products are used in a range of applications, including those in adhesives, aerospace, automotive, construction products, and consumer products. Ex-date is 12/13/11. Get the most recent company news and stock data here >>
Sysco Corp. (NYSE:SYY): Shares also pay a 3.7% dividend. Sysco distributes food and related products primarily to the foodservice industry. The company also distributes personal care guest amenities, housekeeping supplies, room accessories, and textiles to the lodging industry. Ex-date is 1/4/12. Get the most recent company news and stock data here >>
Clorox (NYSE:CLX): Shares pay a 3.6% dividend. The Clorox Company produces and markets non-durable consumer products sold primarily through grocery and other retail stores. The company’s principal products include household cleaning and bleach products, charcoal, cat litter, automotive care products, dressings, and trash bags. Clorox markets its products in the United States and other countries around the world. Competitors include: Colgate-Palmolive Co. (NYSE:CL) and Procter & Gamble Co. (NYSE:PG). Ex-date is 1/24/12. Get the most recent company news and stock data here >>
HJ Heinz Co. (NYSE:HNZ): Shares pay a 3.6% dividend. Heinz manufactures and markets processed food products throughout the world. The company’s principal products include ketchup, condiments and sauces, frozen food, soups, beans and pasta meals, infant nutrition and other processed food products. Ex-date is 12/20/11. Get the most recent company news and stock data here >>
Campbell Soup Co. (NYSE:CPB): Shares pay a 3.5% dividend. Campbell, along with its subsidiaries, manufactures and markets branded convenience food products. The company’s core divisions include soups and sauces, biscuits and confectionery, and foodservice. Campbell’s distributes its products worldwide. Competitors include: General Mills, Inc. (NYSE:GIS) and Kraft Foods (NYSE:KFT). Ex-date is 12/22/11. Get the most recent company news and stock data here >>