5 Stocks Going Ex-Dividend Tomorrow: XLS, NEU, BCE, FIS, MO

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:

Exelis

Owners of Exelis (NYSE: XLS) shares as of market close today will be eligible for a dividend of 10 cents per share. At a price of $11.04 as of 9:36 a.m. ET, the dividend yield is 3.7%.

The average volume for Exelis has been 1.0 million shares per day over the past 30 days. Exelis has a market cap of $2.1 billion and is part of the telecommunications industry. Shares are down 2.6% year to date as of the close of trading on Monday.

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Exelis Inc. provides command, control, communications, computers, intelligence, and surveillance and reconnaissance (C4ISR) related products and systems in the United States and internationally. The company has a P/E ratio of 6.35. Currently there is 1 analyst that rates Exelis a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Exelis as a sell. The company's weaknesses can be seen in multiple areas, such as its generally disappointing historical performance in the stock itself and poor profit margins. You can view the full Exelis Ratings Report now.

NewMarket Corporation

Owners of NewMarket Corporation (NYSE: NEU) shares as of market close today will be eligible for a dividend of 90 cents per share. At a price of $260.44 as of 9:34 a.m. ET, the dividend yield is 1.4%.

The average volume for NewMarket Corporation has been 68,900 shares per day over the past 30 days. NewMarket Corporation has a market cap of $3.5 billion and is part of the chemicals industry. Shares are down 0.9% year to date as of the close of trading on Monday.

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NewMarket Corporation, through its subsidiaries, engages in the petroleum additives and real estate development businesses. It operates in two segments, Petroleum Additives and Real Estate Development. The company has a P/E ratio of 14.60. Currently there are no analysts that rate NewMarket Corporation a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates NewMarket Corporation as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, revenue growth and notable return on equity. 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 NewMarket Corporation Ratings Report now.

BCE

Owners of BCE (NYSE: BCE) shares as of market close today will be eligible for a dividend of 59 cents per share. At a price of $46.04 as of 9:35 a.m. ET, the dividend yield is 5.1%.

The average volume for BCE has been 870,900 shares per day over the past 30 days. BCE has a market cap of $35.4 billion and is part of the telecommunications industry. Shares are up 7.1% year to date as of the close of trading on Monday.

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BCE Inc. provides wire line, wireless, Internet, and television (TV) services to residential, business, and wholesale customers primarily in Canada. The company has a P/E ratio of 14.27. Currently there are 3 analysts that rate BCE a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates BCE as a buy. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, impressive record of earnings per share growth, compelling growth in net income, notable return on equity and good cash flow from operations. 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 BCE Ratings Report now.

Fidelity National Information Services

Owners of Fidelity National Information Services (NYSE: FIS) shares as of market close today will be eligible for a dividend of 22 cents per share. At a price of $38.33 as of 9:36 a.m. ET, the dividend yield is 2.3%.

The average volume for Fidelity National Information Services has been 2.4 million shares per day over the past 30 days. Fidelity National Information Services has a market cap of $11.2 billion and is part of the diversified services industry. Shares are up 10.5% year to date as of the close of trading on Monday.

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Fidelity National Information Services, Inc. provides banking and payments technology solutions worldwide. The company offers financial institution core processing, card issuer, and transaction processing services, including the national electronic funds transfer network. The company has a P/E ratio of 20.83. Currently there are 7 analysts that rate Fidelity National Information Services a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Fidelity National Information Services 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, solid stock price performance, impressive record of earnings per share growth and increase in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Fidelity National Information Services Ratings Report now.

Altria Group

Owners of Altria Group (NYSE: MO) shares as of market close today will be eligible for a dividend of 44 cents per share. At a price of $34.28 as of 9:35 a.m. ET, the dividend yield is 5.2%.

The average volume for Altria Group has been 10.0 million shares per day over the past 30 days. Altria Group has a market cap of $68.3 billion and is part of the tobacco industry. Shares are up 9% 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.

Altria Group, Inc., through its subsidiaries, engages in the manufacture and sale of cigarettes, smokeless products, and wine in the United States and internationally. The company has a P/E ratio of 16.50. Currently there are 6 analysts that rate Altria Group a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Altria Group as a buy. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, impressive record of earnings per share growth, compelling growth in net income, revenue growth and notable return on equity. 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 Altria 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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