Dividend Watch: 2 Stocks Going Ex-Dividend Tomorrow: TCP, COV
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.Tomorrow, Jan. 24, 2014, 2 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 1.9% to 6.9%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar.Highlighted Stocks Going Ex-Dividend Tomorrow:TC Pipelines (NASDAQ:TCP) shares as of market close today will be eligible for a dividend of 81 cents per share. At a price of $47.29 as of 9:34 a.m. ET, the dividend yield is 6.9%.The average volume for TC Pipelines has been 136,000 shares per day over the past 30 days. TC Pipelines has a market cap of $2.9 billion and is part of the energy industry. Shares are down 1.8% year-to-date as of the close of trading on Wednesday.STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. TC PipeLines, LP transports natural gas to market hubs and consuming markets primarily in the western and midwestern United States, and central Canada. The company has a P/E ratio of 26.90.TheStreet Ratings rates TC Pipelines as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, good cash flow from operations and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full TC Pipelines Ratings Report now.
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