5 Stocks Going Ex-Dividend Tomorrow: GOOD, NJR, BTI, AU, EMN

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 13, 2013, 88 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.2% to 15.8%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar.

Highlighted Stocks Going Ex-Dividend Tomorrow:

Gladstone Commercial Corporation

Owners of Gladstone Commercial Corporation (NASDAQ: GOOD) shares as of market close today will be eligible for a dividend of 13 cents per share. At a price of $19.28 as of 9:30 a.m. ET, the dividend yield is 7.7%.

The average volume for Gladstone Commercial Corporation has been 39,900 shares per day over the past 30 days. Gladstone Commercial Corporation has a market cap of $218.1 million and is part of the real estate industry. Shares are up 8.2% year to date as of the close of trading on Monday.

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Gladstone Commercial Corporation operates as a real estate investment trust (REIT) in the United States. It engages in investing in and owning net leased industrial and commercial real properties, and making long-term industrial and commercial mortgage loans. Currently there are 2 analysts that rate Gladstone Commercial Corporation a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Gladstone Commercial Corporation as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, expanding profit margins and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and disappointing return on equity. You can view the full Gladstone Commercial Corporation Ratings Report now.

New Jersey Resources Corporation

Owners of New Jersey Resources Corporation (NYSE: NJR) shares as of market close today will be eligible for a dividend of 40 cents per share. At a price of $45.16 as of 9:30 a.m. ET, the dividend yield is 3.5%.

The average volume for New Jersey Resources Corporation has been 280,600 shares per day over the past 30 days. New Jersey Resources Corporation has a market cap of $1.9 billion and is part of the utilities industry. Shares are up 14.3% year to date as of the close of trading on Monday.

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New Jersey Resources Corporation, an energy services holding company, provides retail and wholesale energy services. The company operates in four segments: Natural Gas Distribution, Clean Energy Ventures, Energy Services, and Energy Holdings. The company has a P/E ratio of 19.77. Currently there are 2 analysts that rate New Jersey Resources Corporation a buy, 2 analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates New Jersey Resources Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels, good cash flow from operations, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full New Jersey Resources Corporation Ratings Report now.

British American Tobacco

Owners of British American Tobacco (AMEX: BTI) shares as of market close today will be eligible for a dividend of per share. At a price of $107.56 as of 9:35 a.m. ET, the dividend yield is 3.9%.

The average volume for British American Tobacco has been 212,700 shares per day over the past 30 days. British American Tobacco has a market cap of $103.1 billion and is part of the tobacco industry. Shares are up 5.5% year to date as of the close of trading on Monday.

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The company has a P/E ratio of 395.44. Currently there are 2 analysts that rate British American Tobacco a buy, no analysts rate it a sell, and 2 rate it a hold.

You can view the full British American Tobacco Ratings Report now.

Anglogold Ashanti

Owners of Anglogold Ashanti (NYSE: AU) shares as of market close today will be eligible for a dividend of 5 cents per share. At a price of $24.94 as of 9:36 a.m. ET, the dividend yield is 1.2%.

The average volume for Anglogold Ashanti has been 1.9 million shares per day over the past 30 days. Anglogold Ashanti has a market cap of $9.4 billion and is part of the metals & mining industry. Shares are down 21.6% year to date as of the close of trading on Monday.

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AngloGold Ashanti Limited primarily engages in the exploration and production of gold. It also produces by-products, such as silver, uranium oxide, and sulfuric acid. The company has a P/E ratio of 7.76. Currently there are 2 analysts that rate Anglogold Ashanti a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Anglogold Ashanti as a hold. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, weak operating cash flow and a generally disappointing performance in the stock itself. You can view the full Anglogold Ashanti Ratings Report now.

Eastman Chemical Company

Owners of Eastman Chemical Company (NYSE: EMN) shares as of market close today will be eligible for a dividend of 30 cents per share. At a price of $72.48 as of 9:35 a.m. ET, the dividend yield is 1.7%.

The average volume for Eastman Chemical Company has been 1.7 million shares per day over the past 30 days. Eastman Chemical Company has a market cap of $11.1 billion and is part of the chemicals industry. Shares are up 7% 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.

Eastman Chemical Company, a chemical company, engages in the manufacture and sale of chemicals, plastics, and fibers in the United States and internationally. The company has a P/E ratio of 24.74. Currently there are 10 analysts that rate Eastman Chemical Company a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Eastman Chemical Company as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations 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 Eastman Chemical Company 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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