Skip to main content

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 05, 2015, 36 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.8% to 22.8%. All of these stocks can be found on our

stocks going ex-dividend

section of our

dividend calendar

.

Highlighted Stocks Going Ex-Dividend Tomorrow:

Southcross Energy Partners

Owners of

Southcross Energy Partners

(NYSE:

SXE

) shares, as of market close today, will be eligible for a dividend of 40 cents per share. At a price of $12.65 as of 9:37 a.m. ET, the dividend yield is 12.8%.

The average volume for Southcross Energy Partners has been 152,400 shares per day over the past 30 days. Southcross Energy Partners has a market cap of $296.6 million and is part of the utilities industry. Shares are down 19.4% 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.

Southcross Energy Partners, L.P., together with its subsidiaries, provides natural gas gathering, processing, treating, compression, and transportation services in the United States. It also offers natural gas liquid (NGL) fractionation and transportation services.

TheStreet Recommends

TheStreet Ratings rates

Southcross Energy Partners

as a

sell

. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, poor profit margins, weak operating cash flow and feeble growth in its earnings per share. You can view the full

Southcross Energy Partners Ratings Report

now.

DCP Midstream Partners

Owners of

DCP Midstream Partners

(NYSE:

DPM

) shares, as of market close today, will be eligible for a dividend of 78 cents per share. At a price of $38.14 as of 9:35 a.m. ET, the dividend yield is 7.8%.

The average volume for DCP Midstream Partners has been 671,100 shares per day over the past 30 days. DCP Midstream Partners has a market cap of $4.4 billion and is part of the energy industry. Shares are down 15.4% 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.

The company has a P/E ratio of 29.12.

American Water Works

Owners of

American Water Works

(NYSE:

AWK

) shares, as of market close today, will be eligible for a dividend of 31 cents per share. At a price of $56.24 as of 9:36 a.m. ET, the dividend yield is 2.2%.

The average volume for American Water Works has been 726,000 shares per day over the past 30 days. American Water Works has a market cap of $10.2 billion and is part of the utilities industry. Shares are up 6.1% 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.

American Water Works Company, Inc., through its subsidiaries, provides water and wastewater services in the United States and Canada. The company's Regulated Businesses segment offers water and wastewater services to approximately 1,500 communities in 16 states. The company has a P/E ratio of 25.78.

TheStreet Ratings rates

American Water Works

as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, solid stock price performance, growth in earnings per share 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

American Water Works 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.

null