Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
Tomorrow, Thursday, February 26, 2015, 61 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.4% to 11.4%. All of these stocks can be found on our
section of our
Highlighted Stocks Going Ex-Dividend Tomorrow:
) shares, as of market close today, will be eligible for a dividend of 41 cents per share. At a price of $14.59 as of 9:37 a.m. ET, the dividend yield is 11.4%.
The average volume for CVR Partners has been 335,300 shares per day over the past 30 days. CVR Partners has a market cap of $1.1 billion and is part of the chemicals industry. Shares are up 49.5% year-to-date as of the close of trading on Tuesday.
CVR Partners, LP is engaged in the production, distribution, and marketing of nitrogen fertilizers in the United States. Its nitrogen fertilizer products include ammonia and urea ammonium nitrate (UAN). The company has a P/E ratio of 13.85.
TheStreet Ratings rates
. The company's strengths can be seen in multiple areas, such as its expanding profit margins and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and disappointing return on equity. You can view the full
) shares, as of market close today, will be eligible for a dividend of 30 cents per share. At a price of $25.63 as of 9:36 a.m. ET, the dividend yield is 4.6%.
The average volume for Columbia Property has been 626,500 shares per day over the past 30 days. Columbia Property has a market cap of $3.3 billion and is part of the real estate industry. Shares are up 0.9% year-to-date as of the close of trading on Tuesday.
Columbia Property Trust, Inc is an equity real estate investment trust. The firm invests in the real estate markets of the United States. It focuses on investing in and managing high-quality commercial office properties. The firm was formerly known as Wells Real Estate Investment Trust II Inc. The company has a P/E ratio of 34.20.
TheStreet Ratings rates
. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, reasonable valuation levels and good cash flow from operations. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. You can view the full
) shares, as of market close today, will be eligible for a dividend of 36 cents per share. At a price of $42.20 as of 9:35 a.m. ET, the dividend yield is 3.3%.
The average volume for Lexmark International has been 840,300 shares per day over the past 30 days. Lexmark International has a market cap of $2.7 billion and is part of the computer hardware industry. Shares are up 5.7% year-to-date as of the close of trading on Tuesday.
Lexmark International, Inc., together with its subsidiaries, operates as a developer, manufacturer, and supplier of printing, imaging, device management, managed print services (MPS), document workflow, and business process and content management solutions worldwide. The company has a P/E ratio of 10.86.
TheStreet Ratings rates
. 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 and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and feeble growth in the company's earnings per share. You can view the full
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.