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Income Options For This Week

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There are still 6 stocks that yield over 7% and have their ex-dividend date coming up this month.



Company Symbol Ex-Date Yield
Fifth Street Finance FSC 5/18 9.99%
Medallion Financial TAXI 5/19 7.47%
Safe Bulkers, Inc. SB 5/19 7.64%
Teekay Tankers TNK 5/19 12.31%
Eni E 5/24 7.18%
Cherokee Inc. CHKE 5/27 7.34%


As we know, not all high yielders are created equally so let’s take a look at their financials. Remember that to get the dividend for the quarter or month you need to own the stock at the cexercise/>lose the day before the ex-dividend date.

Fifth Street Finance – FSC
Fifth Street Finance has a yield of about 10% with positive EPS of .97 and a average P/E ratio of 13.24. FSC has been on a steady climb higher over the last year as a mid market loan provider and were recently featured in Investors Business Daily.

Medallion Financial – TAXI
Medallion Financial has an interesting looking chart. Its been stuck on 8 for a while so with the right trigger it could jump off that $8 base and move higher. The yield is 7.5% but the EPS and PE numbers don’t look that hot to me. This one may just be good for a trade.

Safe Bulkers – SB
Safe Bulkers transports many things, but mostly coals, grain and iron. Oppenheimer initiated coverage on SB on May 14th with an outperform rating. SB pays a annual dividend of $.60 which gives it a yield of 7.6%.

Teekay Tankers – TNK
Teekay owns and operates oil tankers. EPS and PE look decent for TNK, and the one chart shows that the stock is trending higher with a look at a come back from a recent dip. The yield on TNK is 8.7%.

Cherokee – CHKE
Cherokee has solid earnings, price to earnings ratio and a annual dividend of 1.52 per year giving it a yield of 7.3%. This stock is lightly traded at only about 50k shares per day so be careful if you are in it for a quick dividend trade.


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