Big Dividends In May
May brings us some familiar names that are paying higher than average yields. I’ve included the ex-dividend date for each stock. If you want to qualify for the dividend this quarter you need to own the stock at the cexercise/>lose of trading the day before the ex-dividend date.
| Company | Symbol | Ex-Date | Yield |
| Eli Lilly | LLY | 12-May | 5.6% |
| Qwest | Q | 19-May | 6.1% |
| Nokia | NOK | 7-May | 4.00% |
| Pfizer | PFE | 5-May | 4.37% |
Eli Lilly – LLY
Eli Lilly sells medical products all over the world. ELi has a solid stock price, trading at over $30 a share. EPS is almost $4 and the P/E ratio is very low, just around $9. The one year target estimate is just about 7% higher than what the stock is trading at today. The annual dividend is almost $2 a share giving LLY a yield of 5.6%
Qwest – Q
Qwest is a communications company that provides data, Internet, video and voice products globally. Qwest is almost in penny stock territory trading around $5 a share. The one year target estimate doesn’t show that much of an increase is expected in the next year. When stocks fall to these levels, the yield is always suspect. It’s currently listed at $.32 a sharer which gives Q a yield of 6.1%.
Nokia – NOK
You probably already know what Nokia does, you might even have one of their cell phones. They also provide other Internet and wireless services. Nokia is trading around $12 a share with no positive earnings. The yield shows at 4.6%, and they do have an ex dividend date of May 7th, but with no positive income we can’t expect the dividend to stay around for long.
Pfizer – PFE
Pfizer is a medical company, another company that you probably have personal experience with. PFE is trading in the mid teens with positive EPS of 1.23 and PE of 13.65. The annual dividend is $.72 with a yield of 4.3%. The one year target estimate for PFE is 22.16.

