Ex-Dividends To Watch: 3 Stocks Going Ex-Dividend Tomorrow: NRP, MEMP, NEP
Tomorrow, Tuesday, November 03, 2015, 20 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.8% to 37.5%. All of these stocks can be found on our
stocks going ex-dividend
section of our
.
Highlighted Stocks Going Ex-Dividend Tomorrow:
Natural Resources Partners
Owners of
(NYSE:
) shares, as of market close today, will be eligible for a dividend of 4 cents per share. At a price of $1.64 as of 9:34 a.m. ET, the dividend yield is 10.7%.
The average volume for Natural Resources Partners has been 473,100 shares per day over the past 30 days. Natural Resources Partners has a market cap of $205.5 million and is part of the metals & mining industry. Shares are down 82% year-to-date as of the close of trading on Friday.
EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.
Natural Resource Partners L.P., through its subsidiaries, owns, manages, and leases mineral properties in the United States. The company has a P/E ratio of 2.21.
TheStreet Ratings rates
Natural Resources Partners
as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, attractive valuation levels and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, generally higher debt management risk and disappointing return on equity. You can view the full
Natural Resources Partners Ratings Report
now.
Memorial Production Partners
Owners of
(NASDAQ:
) shares, as of market close today, will be eligible for a dividend of 30 cents per share. At a price of $5.63 as of 9:36 a.m. ET, the dividend yield is 21.2%.
The average volume for Memorial Production Partners has been 1.3 million shares per day over the past 30 days. Memorial Production Partners has a market cap of $468.6 million and is part of the energy industry. Shares are down 61.8% year-to-date as of the close of trading on Friday.
EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.
Memorial Production Partners LP, through its subsidiary, engages in the acquisition, development, exploitation, and production of oil and natural gas properties. The company has a P/E ratio of 6.89.
TheStreet Ratings rates
Memorial Production Partners
as a
. The company's weaknesses can be seen in multiple areas, such as its generally disappointing historical performance in the stock itself, generally high debt management risk and weak operating cash flow. You can view the full
Memorial Production Partners Ratings Report
now.
NextEra Energy Partners
Owners of
(NYSE:
) shares, as of market close today, will be eligible for a dividend of 27 cents per share. At a price of $26.18 as of 9:35 a.m. ET, the dividend yield is 4.2%.
The average volume for NextEra Energy Partners has been 546,100 shares per day over the past 30 days. NextEra Energy Partners has a market cap of $547.0 million and is part of the utilities industry. Shares are down 22.2% year-to-date as of the close of trading on Friday.
EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.
NextEra Energy Partners, LP acquires, owns, and operates contracted clean energy projects. It owns interests in wind and solar projects in North America with a portfolio of approximately 1,923 MW of contracted, clean energy projects. The company has a P/E ratio of 64.22.
TheStreet Ratings rates
NextEra Energy Partners
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 weak operating cash flow. You can view the full
NextEra Energy Partners 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.