5 Stocks Going Ex-Dividend Tomorrow: RPAI, HLSS, CY, NUE, PM

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:

Retail Properties of American

Owners of Retail Properties of American (NYSE: RPAI) shares as of market close today will be eligible for a dividend of 17 cents per share. At a price of $14.66 as of 9:35 a.m. ET, the dividend yield is 4.5%.

The average volume for Retail Properties of American has been 719,900 shares per day over the past 30 days. Retail Properties of American has a market cap of $2.0 billion and is part of the real estate industry. Shares are up 22.3% 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.

Currently there are 2 analysts that rate Retail Properties of American a buy, no analysts rate it a sell, and 1 rates it a hold.

You can view the full Retail Properties of American Ratings Report now.

Home Loan Servicing Solutions

Owners of Home Loan Servicing Solutions (NASDAQ: HLSS) shares as of market close today will be eligible for a dividend of 13 cents per share. At a price of $22.69 as of 9:36 a.m. ET, the dividend yield is 6.8%.

The average volume for Home Loan Servicing Solutions has been 864,000 shares per day over the past 30 days. Home Loan Servicing Solutions has a market cap of $1.3 billion and is part of the real estate industry. Shares are up 21.3% 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.

The company has a P/E ratio of 14.69. Currently there are 6 analysts that rate Home Loan Servicing Solutions a buy, no analysts rate it a sell, and 1 rates it a hold.

You can view the full Home Loan Servicing Solutions Ratings Report now.

Cypress Semiconductor Corporation

Owners of Cypress Semiconductor Corporation (NASDAQ: CY) shares as of market close today will be eligible for a dividend of 11 cents per share. At a price of $11.10 as of 9:36 a.m. ET, the dividend yield is 3.9%.

The average volume for Cypress Semiconductor Corporation has been 3.3 million shares per day over the past 30 days. Cypress Semiconductor Corporation has a market cap of $1.7 billion and is part of the electronics industry. Shares are up 1.6% 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.

Cypress Semiconductor Corporation, together with its subsidiaries, designs, develops, manufactures, and markets mixed-signal, programmable solutions, specialized semiconductor memories, and integrated semiconductor solutions. Currently there are 7 analysts that rate Cypress Semiconductor Corporation a buy, 1 analyst rates it a sell, and 4 rate it a hold.

TheStreet Ratings rates Cypress Semiconductor Corporation as a hold. Among the primary strengths of the company is its expanding profit margins over time. At the same time, however, we also find weaknesses including deteriorating net income, generally higher debt management risk and disappointing return on equity. You can view the full Cypress Semiconductor Corporation Ratings Report now.

Nucor

Owners of Nucor (NYSE: NUE) shares as of market close today will be eligible for a dividend of 37 cents per share. At a price of $46.19 as of 9:35 a.m. ET, the dividend yield is 3.1%.

The average volume for Nucor has been 2.6 million shares per day over the past 30 days. Nucor has a market cap of $14.9 billion and is part of the metals & mining industry. Shares are up 7.5% 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.

Nucor Corporation, together with its subsidiaries, engages in the manufacture and sale of steel and steel products in North America and internationally. It operates through three segments: Steel Mills, Steel Products, and Raw Materials. The company has a P/E ratio of 29.60. Currently there are 9 analysts that rate Nucor a buy, 1 analyst rates it a sell, and 4 rate it a hold.

TheStreet Ratings rates Nucor 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 and increase in stock price during the past year. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Nucor Ratings Report now.

Philip Morris International

Owners of Philip Morris International (NYSE: PM) shares as of market close today will be eligible for a dividend of 85 cents per share. At a price of $92.26 as of 9:35 a.m. ET, the dividend yield is 3.7%.

The average volume for Philip Morris International has been 4.8 million shares per day over the past 30 days. Philip Morris International has a market cap of $150.6 billion and is part of the tobacco industry. Shares are up 8.9% 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.

Philip Morris International Inc., through its subsidiaries, manufactures and sells cigarettes and other tobacco products. The company has a P/E ratio of 17.68. Currently there are 9 analysts that rate Philip Morris International a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Philip Morris International as a hold. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, revenue growth and expanding profit margins. However, as a counter to these strengths, we find that the stock has experienced relatively poor performance when compared with the S&P 500 during the past year. You can view the full Philip Morris International 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.

null

More from Markets

Replay: Jim Cramer on Tariffs, the Market Rally, Caterpillar and Micron

Replay: Jim Cramer on Tariffs, the Market Rally, Caterpillar and Micron

Video: When Planning for Retirement, Don't Underestimate Your Life Span

Video: When Planning for Retirement, Don't Underestimate Your Life Span

Video: Here's What May Come Next for Theranos Founder and CEO Elizabeth Holmes

Video: Here's What May Come Next for Theranos Founder and CEO Elizabeth Holmes

Charlie Gasparino Says GE Is Reportedly Looking to Slash Its Dividend Again

Charlie Gasparino Says GE Is Reportedly Looking to Slash Its Dividend Again

GE Confirms $11.1 Billion Transportation Merger With Wabtec

GE Confirms $11.1 Billion Transportation Merger With Wabtec