Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

Tomorrow, May 30, 2013, 32 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.3% to 5.8%. All of these stocks can be found on our

stocks going ex-dividend

section of our

dividend calendar

.

Highlighted Stocks Going Ex-Dividend Tomorrow:

Group 1 Automotive

Owners of

Group 1 Automotive

(NYSE:

GPI

) shares as of market close today will be eligible for a dividend of 16 cents per share. At a price of $64.27 as of 9:35 a.m. ET, the dividend yield is 1%.

The average volume for Group 1 Automotive has been 309,200 shares per day over the past 30 days. Group 1 Automotive has a market cap of $1.5 billion and is part of the specialty retail industry. Shares are up 1.8% year to date as of the close of trading on Tuesday.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

Group 1 Automotive, Inc., through its subsidiaries, operates in the automotive retail industry. It sells new and used cars, light trucks, and vehicle parts. The company has a P/E ratio of 15.39.

TheStreet Ratings rates

Group 1 Automotive

as a

buy

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, attractive valuation levels, good cash flow from operations 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

Group 1 Automotive Ratings Report

now.

Valspar Corporation

Owners of

Valspar Corporation

(NYSE:

VAL

) shares as of market close today will be eligible for a dividend of 23 cents per share. At a price of $73.16 as of 9:36 a.m. ET, the dividend yield is 1.3%.

The average volume for Valspar Corporation has been 568,000 shares per day over the past 30 days. Valspar Corporation has a market cap of $6.5 billion and is part of the chemicals industry. Shares are up 18% year to date as of the close of trading on Tuesday.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

The Valspar Corporation manufactures and distributes various coatings, paints, and related products worldwide. The company operates in two segments, Coatings and Paints. The company has a P/E ratio of 23.23.

TheStreet Ratings rates

Valspar Corporation

as a

buy

. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, notable return on equity and increase in net income. 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

Valspar Corporation Ratings Report

now.

Universal Health Services

Owners of

Universal Health Services

(NYSE:

UHS

) shares as of market close today will be eligible for a dividend of 5 cents per share. At a price of $68.90 as of 9:35 a.m. ET, the dividend yield is 0.3%.

The average volume for Universal Health Services has been 861,600 shares per day over the past 30 days. Universal Health Services has a market cap of $6.1 billion and is part of the health services industry. Shares are up 43.5% year to date as of the close of trading on Tuesday.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

Universal Health Services, Inc., through its subsidiaries, owns and operates acute care hospitals, behavioral health centers, surgical hospitals, ambulatory surgery centers, and radiation oncology centers. The company has a P/E ratio of 15.06.

TheStreet Ratings rates

Universal Health Services

as a

buy

. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, good cash flow from operations and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full

Universal Health Services Ratings Report

now.

Fluor Corporation

Owners of

Fluor Corporation

(NYSE:

FLR

) shares as of market close today will be eligible for a dividend of 16 cents per share. At a price of $63.74 as of 9:36 a.m. ET, the dividend yield is 1%.

The average volume for Fluor Corporation has been 2.1 million shares per day over the past 30 days. Fluor Corporation has a market cap of $10.4 billion and is part of the materials & construction industry. Shares are up 9.4% year to date as of the close of trading on Tuesday.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

Fluor Corporation, through its subsidiaries, provides engineering, procurement, construction, maintenance, and project management services worldwide. The company operates in five segments: Oil & Gas, Industrial & Infrastructure, Government, Global Services, and Power. The company has a P/E ratio of 22.58.

TheStreet Ratings rates

Fluor Corporation

as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full

Fluor Corporation Ratings Report

now.

McDonald's Corporation

Owners of

McDonald's Corporation

(NYSE:

MCD

) shares as of market close today will be eligible for a dividend of 77 cents per share. At a price of $100.55 as of 9:35 a.m. ET, the dividend yield is 3.1%.

The average volume for McDonald's Corporation has been 4.8 million shares per day over the past 30 days. McDonald's Corporation has a market cap of $100.5 billion and is part of the leisure industry. Shares are up 13.7% year to date as of the close of trading on Tuesday.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

McDonald's Corporation franchises and operates McDonald's restaurants in the United States, Europe, the Asia/Pacific, the Middle East, Africa, Canada, and Latin America. Its restaurants offer various food items, soft drinks, coffee, and other beverages, as well as breakfast menus. The company has a P/E ratio of 18.61.

TheStreet Ratings rates

McDonald's Corporation

as a

buy

. 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, growth in earnings per share, increase in net income and increase in stock price during the past year. 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

McDonald's Corporation 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.

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

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