4 Stocks Going Ex-Dividend Tomorrow: KFN, AME, ARG, MRVL

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:

KKR Financial Holdings

Owners of KKR Financial Holdings (NYSE: KFN) shares as of market close today will be eligible for a dividend of 5 cents per share. At a price of $11.26 as of 9:35 a.m. ET, the dividend yield is 7.4%.

The average volume for KKR Financial Holdings has been 1.2 million shares per day over the past 30 days. KKR Financial Holdings has a market cap of $2.3 billion and is part of the real estate industry. Shares are up 7.6% year to date as of the close of trading on Friday.

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KKR Financial Holdings LLC, together with its subsidiaries, operates as a specialty finance company with expertise in a range of asset classes. The company has a P/E ratio of 6.10. Currently there are 3 analysts that rate KKR Financial Holdings a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates KKR Financial Holdings as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk and feeble growth in the company's earnings per share. You can view the full KKR Financial Holdings Ratings Report now.

Ametek

Owners of Ametek (NYSE: AME) shares as of market close today will be eligible for a dividend of 6 cents per share. At a price of $42.28 as of 9:36 a.m. ET, the dividend yield is 0.6%.

The average volume for Ametek has been 923,200 shares per day over the past 30 days. Ametek has a market cap of $10.2 billion and is part of the industrial industry. Shares are up 12.9% year to date as of the close of trading on Friday.

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AMETEK, Inc. manufactures and sells electronic instruments and electromechanical devices in North America, Europe, Asia, and South America. The company operates in two segments, Electronic Instruments Group and Electromechanical Group. The company has a P/E ratio of 22.37. Currently there are 7 analysts that rate Ametek a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Ametek as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, compelling growth in net income, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. 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 Ametek Ratings Report now.

Airgas

Owners of Airgas (NYSE: ARG) shares as of market close today will be eligible for a dividend of 40 cents per share. At a price of $102.02 as of 9:35 a.m. ET, the dividend yield is 1.6%.

The average volume for Airgas has been 525,700 shares per day over the past 30 days. Airgas has a market cap of $7.7 billion and is part of the wholesale industry. Shares are up 12% year to date as of the close of trading on Friday.

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Airgas, Inc., through its subsidiaries, engages in the distribution of industrial, medical, and specialty gases in the United States. The company has a P/E ratio of 23.37. Currently there are 10 analysts that rate Airgas a buy, no analysts rate it a sell, and 4 rate it a hold.

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

Marvell Technology Group

Owners of Marvell Technology Group (NASDAQ: MRVL) shares as of market close today will be eligible for a dividend of 6 cents per share. At a price of $10.69 as of 9:36 a.m. ET, the dividend yield is 2.3%.

The average volume for Marvell Technology Group has been 11.6 million shares per day over the past 30 days. Marvell Technology Group has a market cap of $5.5 billion and is part of the electronics industry. Shares are up 42.8% year to date as of the close of trading on Friday.

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Marvell Technology Group Ltd. designs, develops, and markets analog, mixed-signal, digital signal processing, and embedded and standalone ARM-based microprocessor integrated circuits. The company has a P/E ratio of 12.06. Currently there are 7 analysts that rate Marvell Technology Group a buy, 2 analysts rate it a sell, and 15 rate it a hold.

TheStreet Ratings rates Marvell Technology Group as a hold. 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 and reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and a generally disappointing performance in the stock itself. You can view the full Marvell Technology Group 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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