5 Stocks Going Ex-Dividend Tomorrow: HTSI, L, VTR, WLP, COH

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, March 6, 2013, 43 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.1% to 9.7%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar.

Highlighted Stocks Going Ex-Dividend Tomorrow:

Harris Teeter Supermarkets

Owners of Harris Teeter Supermarkets (NYSE: HTSI) shares as of market close today will be eligible for a dividend of 15 cents per share. At a price of $43.23 as of 9:36 a.m. ET, the dividend yield is 1.4%.

The average volume for Harris Teeter Supermarkets has been 333,100 shares per day over the past 30 days. Harris Teeter Supermarkets has a market cap of $2.2 billion and is part of the retail industry. Shares are up 12.1% year to date as of the close of trading on Monday.

EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys dividend stocks that have the potential for a 3% to 4% yield and 10% growth. Get his best picks for less than $50/year.

Harris Teeter Supermarkets, Inc., through its subsidiaries, engages in the operation of a regional chain of supermarkets primarily in the southeastern and mid-Atlantic United States, and the District of Columbia. The company has a P/E ratio of 22.19. Currently there is 1 analyst that rates Harris Teeter Supermarkets a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Harris Teeter Supermarkets as a buy. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, revenue growth, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full Harris Teeter Supermarkets Ratings Report now.

Loews Corporation

Owners of Loews Corporation (NYSE: L) shares as of market close today will be eligible for a dividend of 6 cents per share. At a price of $43.06 as of 9:36 a.m. ET, the dividend yield is 0.6%.

The average volume for Loews Corporation has been 961,300 shares per day over the past 30 days. Loews Corporation has a market cap of $16.9 billion and is part of the insurance industry. Shares are up 5.2% year to date as of the close of trading on Monday.

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Loews Corporation operates primarily as a commercial property and casualty insurance company. The company has a P/E ratio of 30.20. Currently there is 1 analyst that rates Loews Corporation a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Loews Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels, increase in stock price during the past year and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Loews Corporation Ratings Report now.

Ventas

Owners of Ventas (NYSE: VTR) shares as of market close today will be eligible for a dividend of 67 cents per share. At a price of $71.90 as of 9:36 a.m. ET, the dividend yield is 3.8%.

The average volume for Ventas has been 1.4 million shares per day over the past 30 days. Ventas has a market cap of $20.8 billion and is part of the real estate industry. Shares are up 10.6% year to date as of the close of trading on Monday.

EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys dividend stocks that have the potential for a 3% to 4% yield and 10% growth. Get his best picks for less than $50/year.

Ventas, Inc. is a publicly owned real estate investment trust. The firm engages in investment, management, financing, and leasing of properties in the healthcare industry. It invests in the real estate markets of the United States and Canada. The company has a P/E ratio of 68.52. Currently there are 4 analysts that rate Ventas a buy, 2 analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Ventas as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Ventas Ratings Report now.

WellPoint

Owners of WellPoint (NYSE: WLP) shares as of market close today will be eligible for a dividend of 38 cents per share. At a price of $61.77 as of 9:36 a.m. ET, the dividend yield is 2.4%.

The average volume for WellPoint has been 2.3 million shares per day over the past 30 days. WellPoint has a market cap of $18.8 billion and is part of the health services industry. Shares are up 1.5% year to date as of the close of trading on Monday.

EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys dividend stocks that have the potential for a 3% to 4% yield and 10% growth. Get his best picks for less than $50/year.

WellPoint, Inc., through its subsidiaries, operates as a health benefits company in the United States. The company offers various network-based managed care plans to large and small employer, individual, Medicaid, and senior markets. The company has a P/E ratio of 7.56. Currently there are 5 analysts that rate WellPoint a buy, 1 analyst rates it a sell, and 10 rate it a hold.

TheStreet Ratings rates WellPoint as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full WellPoint Ratings Report now.

Coach

Owners of Coach (NYSE: COH) shares as of market close today will be eligible for a dividend of 30 cents per share. At a price of $49.87 as of 9:36 a.m. ET, the dividend yield is 2.5%.

The average volume for Coach has been 5.7 million shares per day over the past 30 days. Coach has a market cap of $13.5 billion and is part of the consumer non-durables industry. Shares are down 11.2% year to date as of the close of trading on Monday.

EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys dividend stocks that have the potential for a 3% to 4% yield and 10% growth. Get his best picks for less than $50/year.

Coach, Inc. engages in the design, marketing, and distribution of handbags, accessories, wearables, footwear, jewelry, sunwear, travel bags, watches, and fragrances for women and men in the United States and internationally. The company has a P/E ratio of 13.28. Currently there are 16 analysts that rate Coach a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Coach 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, increase in net income, expanding profit margins and good cash flow from operations. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full Coach 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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