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, Wednesday, August 27, 2014, 91 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.1% to 12.2%. 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 77 cents per share. At a price of $25.49 as of 9:41 a.m. ET, the dividend yield is 12.2%.
The average volume for Ellington Financial has been 85,100 shares per day over the past 30 days. Ellington Financial has a market cap of $642.9 million and is part of the real estate industry. Shares are up 12.1% year-to-date as of the close of trading on Monday.
Ellington Financial LLC, a specialty finance company, acquires and manages mortgage-related assets, including residential mortgage backed securities backed by prime jumbo, Alt-A, manufactured housing and subprime residential mortgage loans, and residential mortgage-backed securities. The company has a P/E ratio of 9.64.
TheStreet Ratings rates
. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins and increase in net income. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity and feeble growth in the company's earnings per share. You can view the full
) shares, as of market close today, will be eligible for a dividend of 32 cents per share. At a price of $72.17 as of 9:40 a.m. ET, the dividend yield is 1.8%.
The average volume for Bristow Group has been 204,900 shares per day over the past 30 days. Bristow Group has a market cap of $2.5 billion and is part of the transportation industry. Shares are down 4.8% year-to-date as of the close of trading on Monday.
Bristow Group Inc. provides helicopter services to the offshore energy industry in Europe, West Africa, North America, Australia, and internationally. The company has a P/E ratio of 12.78.
TheStreet Ratings rates
. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, revenue growth, reasonable 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 shows low profit margins. 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 $50.04 as of 9:41 a.m. ET, the dividend yield is 2.9%.
The average volume for Lexmark International has been 715,800 shares per day over the past 30 days. Lexmark International has a market cap of $3.1 billion and is part of the computer hardware industry. Shares are up 40.7% year-to-date as of the close of trading on Monday.
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 16.51.
TheStreet Ratings rates
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, reasonable valuation levels, expanding profit margins and good cash flow from operations. We feel these strengths outweigh the fact that the company has had sub par growth in net income. 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.