5 Stocks Going Ex-Dividend Tomorrow: GNI, RLJ, NFG, FLS, HUM

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 26, 2013, 78 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.1% to 14.6%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar.

Highlighted Stocks Going Ex-Dividend Tomorrow:

Great Northern Iron Ore

Owners of Great Northern Iron Ore (NYSE: GNI) shares as of market close today will be eligible for a dividend of per share. At a price of $80.09 as of 9:34 a.m. ET, the dividend yield is 11.1%.

The average volume for Great Northern Iron Ore has been 22,600 shares per day over the past 30 days. Great Northern Iron Ore has a market cap of $121.9 million and is part of the metals & mining industry. Shares are up 19.8% year to date as of the close of trading on Friday.

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Great Northern Iron Ore Properties, a conventional nonvoting trust, owns and leases mineral and non-mineral properties on the Mesabi Iron Range in northeastern Minnesota. The company has a P/E ratio of 6.07.

TheStreet Ratings rates Great Northern Iron Ore as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, 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 Great Northern Iron Ore Ratings Report now.

RLJ Lodging

Owners of RLJ Lodging (NYSE: RLJ) shares as of market close today will be eligible for a dividend of 21 cents per share. At a price of $21.95 as of 9:36 a.m. ET, the dividend yield is 3.8%.

The average volume for RLJ Lodging has been 691,400 shares per day over the past 30 days. RLJ Lodging has a market cap of $2.3 billion and is part of the real estate industry. Shares are up 13% year to date as of the close of trading on Friday.

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RLJ Lodging Trust is an independent equity real estate investment trust. The firm also manages real estate funds. It invests in the real estate markets of the United States. The firm primarily invests in premium-branded, focused service, and compact full-service hotels. The company has a P/E ratio of 57.32. Currently there are 4 analysts that rate RLJ Lodging a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates RLJ Lodging as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and impressive record of earnings per share growth. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. You can view the full RLJ Lodging Ratings Report now.

National Fuel Gas Company

Owners of National Fuel Gas Company (NYSE: NFG) shares as of market close today will be eligible for a dividend of 37 cents per share. At a price of $60.62 as of 9:35 a.m. ET, the dividend yield is 2.4%.

The average volume for National Fuel Gas Company has been 437,600 shares per day over the past 30 days. National Fuel Gas Company has a market cap of $5.1 billion and is part of the energy industry. Shares are up 19.2% year to date as of the close of trading on Friday.

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National Fuel Gas Company operates as a diversified energy company in the United States. The company has a P/E ratio of 22.43. Currently there are 3 analysts that rate National Fuel Gas Company a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates National Fuel Gas Company as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, expanding profit margins, good cash flow from operations and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full National Fuel Gas Company Ratings Report now.

Flowserve Corporation

Owners of Flowserve Corporation (NYSE: FLS) shares as of market close today will be eligible for a dividend of 42 cents per share. At a price of $166.26 as of 9:35 a.m. ET, the dividend yield is 1%.

The average volume for Flowserve Corporation has been 412,700 shares per day over the past 30 days. Flowserve Corporation has a market cap of $8.1 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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Flowserve Corporation engages in the design, manufacture, distribution, and service of industrial flow management equipment. The company has a P/E ratio of 19.87. Currently there are 9 analysts that rate Flowserve Corporation a buy, no analysts rate it a sell, and 4 rate it a hold.

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

Humana

Owners of Humana (NYSE: HUM) shares as of market close today will be eligible for a dividend of 26 cents per share. At a price of $67.11 as of 9:35 a.m. ET, the dividend yield is 1.5%.

The average volume for Humana has been 2.3 million shares per day over the past 30 days. Humana has a market cap of $11.0 billion and is part of the health services industry. Shares are down 0.4% year to date as of the close of trading on Friday.

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.

Humana Inc. operates as a health care company that offers a range of insurance products and health and wellness services that incorporate an integrated approach to lifelong well-being. The company operates in three segments: Retail, Employer Group, and Health and Well-Being Services. The company has a P/E ratio of 9.30. Currently there are 15 analysts that rate Humana a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Humana 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, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Humana 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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