4 Stocks Going Ex-Dividend Tomorrow: BSBR, MKC, CPB, TSM
Tomorrow, July 3, 2013, 6 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 1.9% to 10.7%. All of these stocks can be found on our
section of our
.
Highlighted Stocks Going Ex-Dividend Tomorrow:
Banco Santander Brasil SA/Brazil
Owners of
Banco Santander Brasil SA/Brazil
(NYSE:
) shares as of market close today will be eligible for a dividend of 6 cents per share. At a price of $6.15 as of 9:36 a.m. ET, the dividend yield is 2.6%.
The average volume for Banco Santander Brasil SA/Brazil has been 5.0 million shares per day over the past 30 days. Banco Santander Brasil SA/Brazil has a market cap of $23.6 billion and is part of the banking industry. Shares are down 14.6% year to date as of the close of trading on Monday.
You can view the full
Banco Santander Brasil SA/Brazil Ratings Report
now.
- See our top-yielding stocks list.
McCormick & Company
Owners of
(NYSE:
) shares as of market close today will be eligible for a dividend of 34 cents per share. At a price of $70.16 as of 9:35 a.m. ET, the dividend yield is 1.9%.
The average volume for McCormick & Company has been 635,200 shares per day over the past 30 days. McCormick & Company has a market cap of $8.5 billion and is part of the food & beverage industry. Shares are up 11% year to date as of the close of trading on Monday.
McCormick & Company, Incorporated engages in the manufacture, marketing, and distribution of spices, seasoning mixes, condiments, and other flavorful products to retail outlets, food manufacturers, and foodservice businesses. It operates in two segments, Consumer and Industrial. The company has a P/E ratio of 23.14.
TheStreet Ratings rates
McCormick & Company
as a
. 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, expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full
McCormick & Company Ratings Report
now.
- See our top-yielding stocks list.
Campbell Soup
Owners of
(NYSE:
) shares as of market close today will be eligible for a dividend of 29 cents per share. At a price of $45.04 as of 9:35 a.m. ET, the dividend yield is 2.6%.
The average volume for Campbell Soup has been 1.8 million shares per day over the past 30 days. Campbell Soup has a market cap of $14.0 billion and is part of the food & beverage industry. Shares are up 28.4% year to date as of the close of trading on Monday.
Campbell Soup Company, together with its subsidiaries, engages in the manufacture and marketing of branded convenience food products worldwide. The company has a P/E ratio of 19.14.
TheStreet Ratings rates
Campbell Soup
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, growth in earnings per share, good cash flow from operations and expanding profit margins. 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
now.
- See our top-yielding stocks list.
Taiwan Semiconductor Manufacturing
Owners of
Taiwan Semiconductor Manufacturing
(NYSE:
) shares as of market close today will be eligible for a dividend of 40 cents per share. At a price of $18.64 as of 9:35 a.m. ET, the dividend yield is 2.2%.
The average volume for Taiwan Semiconductor Manufacturing has been 10.9 million shares per day over the past 30 days. Taiwan Semiconductor Manufacturing has a market cap of $95.0 billion and is part of the electronics industry. Shares are up 6.8% year to date as of the close of trading on Monday.
Taiwan Semiconductor Manufacturing Company Limited engages in the computer-aided design, manufacture, packaging, testing, sale, and marketing of integrated circuits and other semiconductor devices. The company has a P/E ratio of 17.08.
TheStreet Ratings rates
Taiwan Semiconductor Manufacturing
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, solid stock price performance and impressive record of earnings per share growth. 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
Taiwan Semiconductor Manufacturing Ratings Report
now.
- See our top-yielding stocks list.
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.
- See our dividend calendar.
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