3 Stocks Going Ex-Dividend: MRCC, BKCC, MW

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.

, March 15, 2013, 3 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 2.5% to 10.1%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar.

Highlighted Stocks Going Ex-Dividend:

Monroe Capital

Owners of Monroe Capital (NASDAQ: MRCC) shares as of market close today will be eligible for a dividend of 34 cents per share. At a price of $15.30 as of 3:45 p.m. ET, the dividend yield is 9%.

The average volume for Monroe Capital has been 15,100 shares per day over the past 30 days. Monroe Capital has a market cap of $0 and is part of the financial services industry. Shares are up 2.2% year to date as of the close of trading on Tuesday.

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Currently there are 5 analysts that rate Monroe Capital a buy, no analysts rate it a sell, and none rate it a hold.

You can view the full Monroe Capital Ratings Report now.

BlackRock Kelso Capital Corporation

Owners of BlackRock Kelso Capital Corporation (NASDAQ: BKCC) shares as of market close today will be eligible for a dividend of 26 cents per share. At a price of $10.40 as of 9:35 a.m. ET, the dividend yield is 10.1%.

The average volume for BlackRock Kelso Capital Corporation has been 642,500 shares per day over the past 30 days. BlackRock Kelso Capital Corporation has a market cap of $764.0 million and is part of the financial services industry. Shares are up 2.7% year to date as of the close of trading on Wednesday.

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.

BlackRock Kelso Capital Corporation is a private equity firm specializing in investments in middle market companies. The firm invests in all industries. The company has a P/E ratio of 13.24. Currently there is 1 analyst that rates BlackRock Kelso Capital Corporation a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates BlackRock Kelso Capital Corporation as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations, expanding profit margins, increase in stock price during the past year and increase in net income. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full BlackRock Kelso Capital Corporation Ratings Report now.

Men's Wearhouse

Owners of Men's Wearhouse (NYSE: MW) shares as of market close today will be eligible for a dividend of 18 cents per share. At a price of $31.72 as of 9:36 a.m. ET, the dividend yield is 2.5%.

The average volume for Men's Wearhouse has been 772,500 shares per day over the past 30 days. Men's Wearhouse has a market cap of $1.5 billion and is part of the retail industry. Shares are down 6.7% year to date as of the close of trading on Wednesday.

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 Men's Wearhouse, Inc., together with its subsidiaries, operates as a specialty apparel retailer in the United States and Canada. It provides suits, suit separates, sport coats, slacks, sportswear, outerwear, dress shirts, shoes, and accessories for men, as well as offers tuxedo rentals. The company has a P/E ratio of 11.44. Currently there are 4 analysts that rate Men's Wearhouse a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Men's Wearhouse 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 expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full Men's Wearhouse 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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