3 Stocks With Upcoming Ex-Dividend Dates: AZUR, GMLP, FII
Tomorrow, Wednesday, November 04, 2015, 48 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.7% to 20.2%. All of these stocks can be found on our
stocks going ex-dividend
section of our
.
Highlighted Stocks Going Ex-Dividend Tomorrow:
Azure Midstream Partners
Owners of
(NYSE:
) shares, as of market close today, will be eligible for a dividend of 37 cents per share. At a price of $8.87 as of 9:34 a.m. ET, the dividend yield is 17.1%.
The average volume for Azure Midstream Partners has been 114,900 shares per day over the past 30 days. Azure Midstream Partners has a market cap of $110.6 million and is part of the energy industry. Shares are down 52.1% year-to-date as of the close of trading on Monday.
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Azure Midstream Partners, LP acquires, owns, develops, and operates midstream energy assets in the United States. It operates through two segments, Gathering and Processing, and Logistics. The company has a P/E ratio of 6.46.
TheStreet Ratings rates
Azure Midstream Partners
as a
. The company's weaknesses can be seen in multiple areas, such as its disappointing return on equity, weak operating cash flow and generally disappointing historical performance in the stock itself. You can view the full
Azure Midstream Partners Ratings Report
now.
Golar LNG Partners
Owners of
(NASDAQ:
) shares, as of market close today, will be eligible for a dividend of 58 cents per share. At a price of $18.50 as of 9:35 a.m. ET, the dividend yield is 13%.
The average volume for Golar LNG Partners has been 235,100 shares per day over the past 30 days. Golar LNG Partners has a market cap of $811.9 million and is part of the transportation industry. Shares are down 41.2% year-to-date as of the close of trading on Monday.
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Golar LNG Partners LP owns and operates floating storage regasification units (FSRUs) and liquefied natural gas (LNG) carriers in Brazil, the United Arab Emirates, Indonesia, and Kuwait. As of April 29, 2015, it had a fleet of six FSRUs and four LNG carriers. The company has a P/E ratio of 7.70.
TheStreet Ratings rates
Golar LNG Partners
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity and increase in net income. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk, weak operating cash flow and a generally disappointing performance in the stock itself. You can view the full
Golar LNG Partners Ratings Report
now.
Federated Investors
Owners of
(NYSE:
) shares, as of market close today, will be eligible for a dividend of 25 cents per share. At a price of $31.15 as of 9:36 a.m. ET, the dividend yield is 3.2%.
The average volume for Federated Investors has been 529,500 shares per day over the past 30 days. Federated Investors has a market cap of $3.2 billion and is part of the financial services industry. Shares are down 5.2% year-to-date as of the close of trading on Monday.
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Federated Investors, Inc. is a publicly owned asset management holding company. The company has a P/E ratio of 19.95.
TheStreet Ratings rates
Federated Investors
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, increase in net income, good cash flow from operations and growth in earnings per share. We feel its strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. You can view the full
Federated Investors 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.