4 Stocks Going Ex-Dividend Tomorrow: FNV, MPW, NDAQ, GDI

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 12, 2013, 23 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.3% to 13.4%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar.

Highlighted Stocks Going Ex-Dividend Tomorrow:

Franco-Nevada

Owners of Franco-Nevada (NYSE: FNV) shares as of market close today will be eligible for a dividend of 6 cents per share. At a price of $46.94 as of 9:36 a.m. ET, the dividend yield is 1.6%.

The average volume for Franco-Nevada has been 262,800 shares per day over the past 30 days. Franco-Nevada has a market cap of $6.8 billion and is part of the metals & mining industry. Shares are down 18.4% year to date as of the close of trading on Friday.

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Franco-Nevada Corporation operates as a gold-focused royalty and stream company in the United States, Canada, South Africa, and Mexico. The company has interests in platinum group metals, oil and gas, and other resource properties. The company has a P/E ratio of 463.70. Currently there are 2 analysts that rate Franco-Nevada a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Franco-Nevada as a hold. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, increase in net income and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we find that the growth in the company's earnings per share has not been good. You can view the full Franco-Nevada Ratings Report now.

Medical Properties

Owners of Medical Properties (NYSE: MPW) shares as of market close today will be eligible for a dividend of 20 cents per share. At a price of $15.10 as of 9:36 a.m. ET, the dividend yield is 5.3%.

The average volume for Medical Properties has been 1.6 million shares per day over the past 30 days. Medical Properties has a market cap of $2.1 billion and is part of the real estate industry. Shares are up 25.8% year to date as of the close of trading on Friday.

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.

Medical Properties Trust, Inc. operates as a real estate investment trust (REIT) in the United States. It acquires, develops, and invests in healthcare facilities; and leases healthcare facilities to healthcare operating companies and healthcare providers. The company has a P/E ratio of 26.80. Currently there are 2 analysts that rate Medical Properties a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Medical Properties as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and expanding profit margins. 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 Medical Properties Ratings Report now.

NASDAQ OMX Group

Owners of NASDAQ OMX Group (NASDAQ: NDAQ) shares as of market close today will be eligible for a dividend of 13 cents per share. At a price of $32.04 as of 9:35 a.m. ET, the dividend yield is 1.6%.

The average volume for NASDAQ OMX Group has been 1.6 million shares per day over the past 30 days. NASDAQ OMX Group has a market cap of $5.3 billion and is part of the financial services industry. Shares are up 28.1% year to date as of the close of trading on Friday.

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.

The NASDAQ OMX Group, Inc. delivers trading, clearing, exchange technology, regulatory, securities listing, and public company services worldwide. The company has a P/E ratio of 15.69. Currently there are 6 analysts that rate NASDAQ OMX Group a buy, no analysts rate it a sell, and 4 rate it a hold.

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

Gardner Denver

Owners of Gardner Denver (NYSE: GDI) shares as of market close today will be eligible for a dividend of 5 cents per share. At a price of $74.76 as of 9:36 a.m. ET, the dividend yield is 0.3%.

The average volume for Gardner Denver has been 1.3 million shares per day over the past 30 days. Gardner Denver has a market cap of $3.6 billion and is part of the industrial industry. Shares are up 9.1% year to date as of the close of trading on Friday.

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.

Gardner Denver, Inc. designs, manufactures, and markets engineered industrial machinery and related parts and services primarily in North America, Europe, Asia, South America, Africa, and Australia. The company operates in two segments, Industrial Products Group and Engineered Products Group. The company has a P/E ratio of 13.99. Currently there are 3 analysts that rate Gardner Denver a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Gardner Denver as a buy. The company's strengths can be seen in multiple areas, such as its 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 somewhat weak growth in earnings per share. You can view the full Gardner Denver 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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