3 Stocks Going Ex-Dividend Monday: CDI, PHT, TAHO

CDI PHT TAHO are going ex-dividend Monday, Monday, November 16, 2015
By TheStreet Wire ,

Monday, Monday, November 16, 2015, 35 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.8% to 17.6%. All of these stocks can be found on our

stocks going ex-dividend

section of our

dividend calendar

.

Highlighted Stocks Going Ex-Dividend Monday:

CDI

Owners of

CDI

(NYSE:

CDI

) shares, as of market close today, will be eligible for a dividend of 13 cents per share. At a price of $7.22 as of 9:36 a.m. ET, the dividend yield is 7.2%.

The average volume for CDI has been 76,300 shares per day over the past 30 days. CDI has a market cap of $141.6 million and is part of the diversified services industry. Shares are down 59.2% year-to-date as of the close of trading on Thursday.

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CDI Corp., together with its subsidiaries, provides engineering, information technology, and staffing solutions. The company operates through three segments: Global Engineering and Technology Solutions, Professional Services Staffing, and Management Recruiters International.

TheStreet Ratings rates

CDI

as a

sell

. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, deteriorating net income, disappointing return on equity, weak operating cash flow and poor profit margins. You can view the full

CDI Ratings Report

now.

Pioneer High Income

Owners of

Pioneer High Income

(NYSE:

PHT

) shares, as of market close today, will be eligible for a dividend of 12 cents per share. At a price of $10.57 as of 9:37 a.m. ET, the dividend yield is 13%.

The average volume for Pioneer High Income has been 85,100 shares per day over the past 30 days. Pioneer High Income has a market cap of $306.5 million and is part of the financial services industry. Shares are down 38.6% year-to-date as of the close of trading on Thursday.

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The company has a P/E ratio of 5.66.

Tahoe Resources

Owners of

Tahoe Resources

(NYSE:

TAHO

) shares, as of market close today, will be eligible for a dividend of 2 cents per share. At a price of $7.89 as of 9:36 a.m. ET, the dividend yield is 3.2%.

The average volume for Tahoe Resources has been 1.2 million shares per day over the past 30 days. Tahoe Resources has a market cap of $1.7 billion and is part of the metals & mining industry. Shares are down 45.2% year-to-date as of the close of trading on Thursday.

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Tahoe Resources Inc., together with its subsidiaries, explores for and produces precious metals in the Americas. The company primarily produces silver, as well as gold, lead, and zinc. Its principal project is the Escobal project located in Southeast Guatemala. The company has a P/E ratio of 23.62.

TheStreet Ratings rates

Tahoe Resources

as a

hold

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, poor profit margins and a generally disappointing performance in the stock itself. You can view the full

Tahoe Resources Ratings Report

now.

More About Dividends:

One benefit of owning a stock is the potential that you will be paid a dividend. The distribution of dividend payments is another way for a company to share its profit with you. A dividend means that the company pays you a certain amount of money, either as a one-time payment or more commonly on a quarterly basis, for each share of stock you own.

Many times, dividends come at the expense of greater price appreciation, because the company is distributing its profits to shareholders rather than reinvesting the profits back into the growth of the company. However, companies that pay dividends can be very attractive to investors when they offer a steady stream of income. There are some important terms and dates an investor should be familiar with before purchasing any dividend-paying companies. Let's work through an example to help better explain some of these terms:

On March 1, ABC Widget Company has decided that because it holds excess cash and lacks investment opportunities, it would like to reward shareholders with a regular quarterly dividend payment. The date for this particular announcement is known as the declaration date. It is on this date that the company announces the specific dividend payment along with the holder-of-record date (aka record date) and the payment date. The company announces that a dividend payment of 25 cents per share will be payable March 31, 2012 (the payment date) to all shareholders of record at the close of business on March 16, 2012 (holder-of-record date). What does this all mean? Well the short story is that the company looks at its records on March 16 and anyone listed on the books as an owner of ABC Widget company will be eligible for the dividend payment (on March 31).

The one other important term to remember is the ex-dividend date. The ex-dividend date (typically two trading days before the holder-of-record date for U.S. securities) is the day in which a company begins trading without the dividend. In order to have a claim on a dividend, shares must be purchased no later than the last business day before the ex-dividend date. A company trading ex-dividend will have the upcoming dividend subtracted from the share price at the start of the trading day. Many times, the price of a stock will increase in anticipation of the upcoming dividend as the ex-dividend date approaches, yet will fall back by the amount of the dividend on the ex-dividend date.

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