Zenith National Insurance Corp.  (ZNT) Trade Now »     Rate ZNT  -  Discuss ZNT  -  Add to Watch List        

If you are looking for dividend buys, here are some stocks going ex-dividend during the last half of July. Most of the following stocks have a PE below 20, all have PEG ratios below 2.5, and yields over 2.5%.

First Defiance Financial (FDEF) 7/9/2008 Yield: 6.62% PE: 8 PEG: 0.99
Horizon Financial Corp (HRZB) 7/9/2008 Yield: 9.22% PE: 4 PEG: 0.36
West Coast Bancorp (WCBO) 7/9/2008 Yield: 6.62% PE: 13 PEG: 1.23
Whole Foods Market, Inc. (WFMI) 7/9/2008 Yield: 3.52% PE: 21 PEG: 1.12
Washington Federal Inc. (WFSL) 7/9/2008 Yield: 4.75% PE: 12 PEG: 1.47
BB&T Corporation (BBT) 7/9/2008 Yield: 7.78% PE: 8

I took the Google Stock Screener for a test drive. It’s got a very plain, simple interface compared to that of MSN’s Advanced screener, but lacks some of MSN’s (excellent) functionality. One thing I do like about Google’s is that there is a neat graphic showing the distribution of stocks across the various parameter settings.

I wanted to look for stocks which were showing discounts in dividend yield. I like to be getting something back from the stock while I hold for the long term so screening using yield as a filter is a good place to start.

The idea is to buy ‘decent’ stocks to take advan