3 Stocks With Upcoming Ex-Dividend Dates: SRLP, STAY, GBX
Friday, Friday, November 06, 2015, 52 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.4% to 11.9%. All of these stocks can be found on our
stocks going ex-dividend
section of our
.
Highlighted Stocks Going Ex-Dividend Friday:
Sprague Resources
Owners of
(NYSE:
) shares, as of market close today, will be eligible for a dividend of 50 cents per share. At a price of $25.00 as of 3:59 p.m. ET, the dividend yield is 8.2%.
The average volume for Sprague Resources has been 30,100 shares per day over the past 30 days. Sprague Resources has a market cap of $271.5 million and is part of the energy industry. Shares are up 6.6% year-to-date as of the close of trading on Tuesday.
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The company has a P/E ratio of 5.48.
Extended Stay America
Owners of
(NYSE:
) shares, as of market close today, will be eligible for a dividend of 17 cents per share. At a price of $19.57 as of 9:35 a.m. ET, the dividend yield is 3.1%.
The average volume for Extended Stay America has been 566,300 shares per day over the past 30 days. Extended Stay America has a market cap of $4.0 billion and is part of the leisure industry. Shares are up 0.6% year-to-date as of the close of trading on Wednesday.
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Extended Stay America, Inc. develops, owns, and operates hotels in the United States and Canada. The company has a P/E ratio of 47.29.
TheStreet Ratings rates
Extended Stay America
as a
. The company's weaknesses can be seen in multiple areas, such as its generally disappointing historical performance in the stock itself, deteriorating net income, generally high debt management risk and disappointing return on equity. You can view the full
Extended Stay America Ratings Report
now.
Greenbrier Companies
Owners of
(NYSE:
) shares, as of market close today, will be eligible for a dividend of 20 cents per share. At a price of $38.25 as of 9:36 a.m. ET, the dividend yield is 2%.
The average volume for Greenbrier Companies has been 639,300 shares per day over the past 30 days. Greenbrier Companies has a market cap of $1.1 billion and is part of the transportation industry. Shares are down 28.9% year-to-date as of the close of trading on Wednesday.
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The Greenbrier Companies, Inc. designs, manufactures, and markets railroad freight car equipment in North America and Europe. The company has a P/E ratio of 6.58.
TheStreet Ratings rates
Greenbrier Companies
as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, attractive valuation levels and good cash flow from operations. We feel its strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full
Greenbrier Companies 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.