4 Stocks Going Ex-Dividend Monday: UNS, ATI, TROW, NEM

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.

Monday, March 11, 2013, 16 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.4% to 7.2%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar.

Highlighted Stocks Going Ex-Dividend Monday:

UNS Energy

Owners of UNS Energy (NYSE: UNS) shares as of market close today will be eligible for a dividend of 44 cents per share. At a price of $47.64 as of 9:31 a.m. ET, the dividend yield is 3.7%.

The average volume for UNS Energy has been 244,400 shares per day over the past 30 days. UNS Energy has a market cap of $2.0 billion and is part of the utilities industry. Shares are up 12.1% year to date as of the close of trading on Thursday.

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UNS Energy Corporation engages in the electric generation and energy delivery businesses. Its TEP segment generates, transmits, and distributes electricity to approximately 404,000 retail electric customers in southeastern Arizona. The company has a P/E ratio of 21.67. Currently there are 2 analysts that rate UNS Energy a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates UNS Energy as a buy. The company's strengths can be seen in multiple areas, such as its 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 UNS Energy Ratings Report now.

Allegheny Technologies

Owners of Allegheny Technologies (NYSE: ATI) shares as of market close today will be eligible for a dividend of 18 cents per share. At a price of $32.79 as of 9:35 a.m. ET, the dividend yield is 2.3%.

The average volume for Allegheny Technologies has been 1.9 million shares per day over the past 30 days. Allegheny Technologies has a market cap of $3.4 billion and is part of the industrial industry. Shares are up 6.2% year to date as of the close of trading on Thursday.

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Allegheny Technologies Incorporated (ATI) engages in the production of specialty metals worldwide. It operates in three segments: High Performance Metals, Flat-Rolled Products, and Engineered Products. The company has a P/E ratio of 21.99. Currently there are 5 analysts that rate Allegheny Technologies a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates Allegheny Technologies as a hold. Among the primary strengths of the company is its solid financial position based on a variety of debt and liquidity measures that we have evaluated. At the same time, however, we also find weaknesses including deteriorating net income, poor profit margins and weak operating cash flow. You can view the full Allegheny Technologies Ratings Report now.

T. Rowe Price Group

Owners of T. Rowe Price Group (NASDAQ: TROW) shares as of market close today will be eligible for a dividend of 38 cents per share. At a price of $75.24 as of 9:36 a.m. ET, the dividend yield is 2%.

The average volume for T. Rowe Price Group has been 1.5 million shares per day over the past 30 days. T. Rowe Price Group has a market cap of $19.1 billion and is part of the financial services industry. Shares are up 14.9% year to date as of the close of trading on Thursday.

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T. Rowe Price Group, Inc. is a publicly owned asset management holding company. The firm primarily provides its services to individual and institutional investors, retirement plans, and financial intermediaries. The company has a P/E ratio of 22.09. Currently there are 11 analysts that rate T. Rowe Price Group a buy, no analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates T. Rowe Price Group as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, impressive record of earnings per share growth, good cash flow from operations and expanding profit margins. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full T. Rowe Price Group Ratings Report now.

Newmont Mining Corporation

Owners of Newmont Mining Corporation (NYSE: NEM) shares as of market close today will be eligible for a dividend of 43 cents per share. At a price of $39.28 as of 9:36 a.m. ET, the dividend yield is 4.2%.

The average volume for Newmont Mining Corporation has been 6.9 million shares per day over the past 30 days. Newmont Mining Corporation has a market cap of $19.7 billion and is part of the metals & mining industry. Shares are down 14% year to date as of the close of trading on Thursday.

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.

Newmont Mining Corporation, together with its subsidiaries, engages in the acquisition, exploration, and production of gold and copper properties. The company's assets or operations are located in the United States, Australia, Peru, Indonesia, Ghana, New Zealand, and Mexico. The company has a P/E ratio of 10.58. Currently there are 9 analysts that rate Newmont Mining Corporation a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Newmont Mining Corporation as a hold. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income and notable return on equity. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow and a generally disappointing performance in the stock itself. You can view the full Newmont Mining 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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