5 Stocks Going Ex-Dividend Tomorrow: CMC, THO, UDR, LNC, MA

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, April 5, 2013, 5 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.4% to 3.9%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar.

Highlighted Stocks Going Ex-Dividend Tomorrow:

Commercial Metals Company

Owners of Commercial Metals Company (NYSE: CMC) shares as of market close today will be eligible for a dividend of 12 cents per share. At a price of $14.56 as of 9:36 a.m. ET, the dividend yield is 3.2%.

The average volume for Commercial Metals Company has been 1.3 million shares per day over the past 30 days. Commercial Metals Company has a market cap of $1.8 billion and is part of the metals & mining industry. Shares are down 1.6% year to date as of the close of trading on Wednesday.

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Commercial Metals Company engages in recycling, manufacturing, fabricating, and distributing steel and metal products, and related materials and services in the United States and internationally. The company has a P/E ratio of 16.02. Currently there are 3 analysts that rate Commercial Metals Company a buy, 1 analyst rates it a sell, and 4 rate it a hold.

TheStreet Ratings rates Commercial Metals Company as a buy. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, increase in stock price during the past year and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Commercial Metals Company Ratings Report now.

Thor Industries

Owners of Thor Industries (NYSE: THO) shares as of market close today will be eligible for a dividend of 18 cents per share. At a price of $36.13 as of 9:35 a.m. ET, the dividend yield is 2%.

The average volume for Thor Industries has been 688,100 shares per day over the past 30 days. Thor Industries has a market cap of $1.9 billion and is part of the automotive industry. Shares are down 3.8% 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.

Thor Industries, Inc., together with its subsidiaries, engages in the design, manufacture, and sale of various recreation vehicles, and small and mid-size buses, as well as related parts and accessories in the United States and Canada. The company has a P/E ratio of 14.35. Currently there are 2 analysts that rate Thor Industries a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Thor Industries as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Thor Industries Ratings Report now.

UDR

Owners of UDR (NYSE: UDR) shares as of market close today will be eligible for a dividend of 24 cents per share. At a price of $24.29 as of 9:34 a.m. ET, the dividend yield is 3.9%.

The average volume for UDR has been 2.2 million shares per day over the past 30 days. UDR has a market cap of $6.1 billion and is part of the real estate industry. Shares are up 2% 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.

UDR, Inc. is an independent real estate investment trust. The firm invests in the real estate markets of the United States. It owns, operates, acquires, renovates, develops, redevelops, and manages multifamily apartment communities. Currently there are 2 analysts that rate UDR a buy, no analysts rate it a sell, and 14 rate it a hold.

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

Lincoln National Corp (Radnor

Owners of Lincoln National Corp (Radnor (NYSE: LNC) shares as of market close today will be eligible for a dividend of 12 cents per share. At a price of $31.81 as of 9:36 a.m. ET, the dividend yield is 1.5%.

The average volume for Lincoln National Corp (Radnor has been 2.9 million shares per day over the past 30 days. Lincoln National Corp (Radnor has a market cap of $8.8 billion and is part of the insurance industry. Shares are up 23% 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.

Lincoln National Corporation, through its subsidiaries, engages in multiple insurance and retirement businesses in the United States. The company operates in Annuities, Retirement Plan Services, Life Insurance, and Group Protection segments. The company has a P/E ratio of 7.29. Currently there are 9 analysts that rate Lincoln National Corp (Radnor a buy, 1 analyst rates it a sell, and 8 rate it a hold.

TheStreet Ratings rates Lincoln National Corp (Radnor 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 attractive valuation levels. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Lincoln National Corp (Radnor Ratings Report now.

MasterCard Incorporated

Owners of MasterCard Incorporated (NYSE: MA) shares as of market close today will be eligible for a dividend of 60 cents per share. At a price of $534.25 as of 9:36 a.m. ET, the dividend yield is 0.4%.

The average volume for MasterCard Incorporated has been 691,200 shares per day over the past 30 days. MasterCard Incorporated has a market cap of $63.8 billion and is part of the diversified services industry. Shares are up 8.5% 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.

MasterCard Incorporated, together with its subsidiaries, provides transaction processing and other payment-related services in the United States and internationally. The company has a P/E ratio of 24.64. Currently there are 21 analysts that rate MasterCard Incorporated a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates MasterCard Incorporated 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, expanding profit margins and good cash flow from operations. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full MasterCard Incorporated 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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