5 Stocks Going Ex-Dividend Tomorrow: JLS, TDS, URS, DPS, WU

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:

Nuveen Mortgage Opportunity Term

Owners of Nuveen Mortgage Opportunity Term (NYSE: JLS) shares as of market close today will be eligible for a dividend of 17 cents per share. At a price of $29.61 as of 9:33 a.m. ET, the dividend yield is 7%.

The average volume for Nuveen Mortgage Opportunity Term has been 50,600 shares per day over the past 30 days. Nuveen Mortgage Opportunity Term has a market cap of $468.9 million and is part of the financial services industry. Shares are up 8.4% year to date as of the close of trading on Monday.

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You can view the full Nuveen Mortgage Opportunity Term Ratings Report now.

Telephone and Data Systems

Owners of Telephone and Data Systems (NYSE: TDS) shares as of market close today will be eligible for a dividend of 13 cents per share. At a price of $22.47 as of 9:35 a.m. ET, the dividend yield is 2.2%.

The average volume for Telephone and Data Systems has been 593,500 shares per day over the past 30 days. Telephone and Data Systems has a market cap of $2.3 billion and is part of the telecommunications 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.

Telephone and Data Systems, Inc., a diversified telecommunications service company, provides wireless and wireline telecommunications services in the United States. The company has a P/E ratio of 30.23. Currently there are 3 analysts that rate Telephone and Data Systems a buy, 1 analyst rates it a sell, and 2 rate it a hold.

TheStreet Ratings rates Telephone and Data Systems 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 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 Telephone and Data Systems Ratings Report now.

URS Corporation

Owners of URS Corporation (NYSE: URS) shares as of market close today will be eligible for a dividend of 21 cents per share. At a price of $45.03 as of 9:35 a.m. ET, the dividend yield is 1.9%.

The average volume for URS Corporation has been 578,900 shares per day over the past 30 days. URS Corporation has a market cap of $3.5 billion and is part of the diversified services industry. Shares are up 15% 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.

URS Corporation provides engineering, construction, and technical services to public agencies and private sector clients worldwide. The company has a P/E ratio of 10.77. Currently there are 7 analysts that rate URS Corporation a buy, 1 analyst rates it a sell, and 4 rate it a hold.

TheStreet Ratings rates URS Corporation 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, attractive valuation levels and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full URS Corporation Ratings Report now.

Dr Pepper Snapple Group

Owners of Dr Pepper Snapple Group (NYSE: DPS) shares as of market close today will be eligible for a dividend of 38 cents per share. At a price of $44.09 as of 9:35 a.m. ET, the dividend yield is 3.5%.

The average volume for Dr Pepper Snapple Group has been 1.5 million shares per day over the past 30 days. Dr Pepper Snapple Group has a market cap of $9.0 billion and is part of the food & beverage industry. Shares are down 0.1% 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.

Dr Pepper Snapple Group, Inc. engages in the ownership, manufacture, and distribution of non-alcoholic beverages in the United States, Canada, Mexico, and the Caribbean. The company has a P/E ratio of 14.86. Currently there are 3 analysts that rate Dr Pepper Snapple Group a buy, 1 analyst rates it a sell, and 8 rate it a hold.

TheStreet Ratings rates Dr Pepper Snapple Group as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, reasonable valuation levels, solid stock price performance and growth in earnings per share. 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 Dr Pepper Snapple Group Ratings Report now.

Western Union Company

Owners of Western Union Company (NYSE: WU) shares as of market close today will be eligible for a dividend of 13 cents per share. At a price of $14.57 as of 9:35 a.m. ET, the dividend yield is 3.4%.

The average volume for Western Union Company has been 10.2 million shares per day over the past 30 days. Western Union Company has a market cap of $8.3 billion and is part of the financial services industry. Shares are up 7.1% 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.

The Western Union Company provides money movement and payment services worldwide. The company operates in three segments: Consumer-to-Consumer, Consumer-to-Business, and Business Solutions. The Consumer-to-Consumer segment offers cash money transfer services involving walk-in agent locations. The company has a P/E ratio of 8.66. Currently there are 4 analysts that rate Western Union Company a buy, 3 analysts rate it a sell, and 15 rate it a hold.

TheStreet Ratings rates Western Union Company as a buy. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. You can view the full Western Union 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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