3 Stocks Going Ex-Dividend Tomorrow: WLKP, NTRI, WCN

WLKP NTRI WCN are going ex-dividend tomorrow, Thursday, November 05, 2015
By TheStreet Wire ,

Tomorrow, Thursday, November 05, 2015, 37 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.9% to 43.3%. All of these stocks can be found on our

stocks going ex-dividend

section of our

dividend calendar

.

Highlighted Stocks Going Ex-Dividend Tomorrow:

Westlake Chemical Partners

Owners of

Westlake Chemical Partners

(NYSE:

WLKP

) shares, as of market close today, will be eligible for a dividend of 30 cents per share. At a price of $18.53 as of 9:36 a.m. ET, the dividend yield is 6.5%.

The average volume for Westlake Chemical Partners has been 146,200 shares per day over the past 30 days. Westlake Chemical Partners has a market cap of $263.8 million and is part of the chemicals industry. Shares are unchanged year-to-date as of the close of trading on Tuesday.

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Westlake Chemical Partners LP focuses on producing and selling ethylene. It also sells ethylene co-products, including propylene, crude butadiene, pyrolysis gasoline, and hydrogen directly to third parties on either a spot or contract basis. The company has a P/E ratio of 15.29.

TheStreet Ratings rates

Westlake Chemical Partners

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 and generally high debt management risk. You can view the full

Westlake Chemical Partners Ratings Report

now.

NutriSystem

Owners of

NutriSystem

(NASDAQ:

NTRI

) shares, as of market close today, will be eligible for a dividend of 18 cents per share. At a price of $24.64 as of 9:37 a.m. ET, the dividend yield is 2.8%.

The average volume for NutriSystem has been 375,000 shares per day over the past 30 days. NutriSystem has a market cap of $719.1 million and is part of the diversified services industry. Shares are up 26% year-to-date as of the close of trading on Tuesday.

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Nutrisystem, Inc., together with its subsidiaries, provides weight loss programs for women, men, and seniors in the United States. The company offers Nutrisystem program that consists of approximately 150 portion-controlled items, which serve as the foundation of a low glycemic index diet. The company has a P/E ratio of 26.33.

TheStreet Ratings rates

NutriSystem

as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, reasonable valuation levels and solid stock price performance. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full

NutriSystem Ratings Report

now.

Waste Connections

Owners of

Waste Connections

(NYSE:

WCN

) shares, as of market close today, will be eligible for a dividend of 14 cents per share. At a price of $54.62 as of 9:37 a.m. ET, the dividend yield is 1.1%.

The average volume for Waste Connections has been 493,400 shares per day over the past 30 days. Waste Connections has a market cap of $6.7 billion and is part of the materials & construction industry. Shares are up 23.7% year-to-date as of the close of trading on Tuesday.

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Waste Connections, Inc., an integrated municipal solid waste (MSW) services company, provides solid waste collection, transfer, disposal, and recycling services primarily in the United States. The company has a P/E ratio of 28.57.

TheStreet Ratings rates

Waste Connections

as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, increase in net income, good cash flow from operations and growth in earnings per share. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full

Waste Connections 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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