3 Stocks Going Ex-Dividend Tomorrow: TROX, FAF, DNKN
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.
Tomorrow, Thursday, March 05, 2015, 26 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.1% to 13.7%. All of these stocks can be found on our
section of our
.
Highlighted Stocks Going Ex-Dividend Tomorrow:
Tronox
Owners of
(NYSE:
) shares, as of market close today, will be eligible for a dividend of 25 cents per share. At a price of $20.43 as of 12:11 p.m. ET, the dividend yield is 4.7%.
The average volume for Tronox has been 567,600 shares per day over the past 30 days. Tronox has a market cap of $1.4 billion and is part of the chemicals industry. Shares are down 13.9% year-to-date as of the close of trading on Tuesday.
Tronox Limited produces and markets titanium bearing mineral sands and titanium dioxide (TiO2) pigment in North America, Europe, South Africa, and the Asia-Pacific region. It primarily operates in two segments, Mineral Sands and Pigment.
TheStreet Ratings rates
Tronox
as a
. Among the primary strengths of the company is its respectable return on equity which we feel is likely to continue. At the same time, however, we also find weaknesses including unimpressive growth in net income, weak operating cash flow and poor profit margins. You can view the full
now.
First American Financial
Owners of
(NYSE:
) shares, as of market close today, will be eligible for a dividend of 25 cents per share. At a price of $34.67 as of 12:11 p.m. ET, the dividend yield is 2.9%.
The average volume for First American Financial has been 852,500 shares per day over the past 30 days. First American Financial has a market cap of $3.8 billion and is part of the insurance industry. Shares are up 3.3% year-to-date as of the close of trading on Tuesday.
First American Financial Corporation, through its subsidiaries, provides financial services. It operates through Title Insurance and Services, and Specialty Insurance segments. The company has a P/E ratio of 16.33.
TheStreet Ratings rates
First American Financial
as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, revenue growth and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full
First American Financial Ratings Report
now.
Dunkin Brands Group
Owners of
(NASDAQ:
) shares, as of market close today, will be eligible for a dividend of 26 cents per share. At a price of $45.70 as of 12:11 p.m. ET, the dividend yield is 2.3%.
The average volume for Dunkin Brands Group has been 1.8 million shares per day over the past 30 days. Dunkin Brands Group has a market cap of $4.6 billion and is part of the leisure industry. Shares are up 8.1% year-to-date as of the close of trading on Tuesday.
Dunkin' Brands Group, Inc., together with its subsidiaries, develops, franchises, and licenses quick service restaurants under the Dunkin' Donuts and Baskin-Robbins brands worldwide. The company has a P/E ratio of 28.36.
TheStreet Ratings rates
Dunkin Brands Group
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, expanding profit margins, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. You can view the full
Dunkin Brands Group 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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