5 Stocks Going Ex-Dividend Monday: ETH, IDCC, OGE, MMC, GIS

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.

Monday, April 8, 2013, 15 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.5% to 4.8%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar.

Highlighted Stocks Going Ex-Dividend Monday:

Ethan Allen Interiors

Owners of Ethan Allen Interiors (NYSE: ETH) shares as of market close today will be eligible for a dividend of 9 cents per share. At a price of $30.91 as of 9:35 a.m. ET, the dividend yield is 1.1%.

The average volume for Ethan Allen Interiors has been 344,900 shares per day over the past 30 days. Ethan Allen Interiors has a market cap of $908.7 million and is part of the consumer durables industry. Shares are up 23.4% year to date as of the close of trading on Thursday.

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Ethan Allen Interiors Inc. engages in designing, manufacturing, sourcing, selling, and distributing a range of home furnishings and accessories. The company provides home decoration and design solutions. The company has a P/E ratio of 16.75. Currently there are 2 analysts that rate Ethan Allen Interiors a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Ethan Allen Interiors as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, notable return on equity, 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 Ethan Allen Interiors Ratings Report now.

InterDigital

Owners of InterDigital (NASDAQ: IDCC) shares as of market close today will be eligible for a dividend of 10 cents per share. At a price of $43.23 as of 9:36 a.m. ET, the dividend yield is 0.9%.

The average volume for InterDigital has been 434,300 shares per day over the past 30 days. InterDigital has a market cap of $1.8 billion and is part of the telecommunications industry. Shares are up 6.9% year to date as of the close of trading on Thursday.

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InterDigital, Inc. engages in the design and development of technologies that enable and enhance wireless communications in the United States, Korea, Canada, Europe, and Asia. The company has a P/E ratio of 7.05. Currently there are 2 analysts that rate InterDigital a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates InterDigital as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth and notable return on equity. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, weak operating cash flow and feeble growth in the company's earnings per share. You can view the full InterDigital Ratings Report now.

OGE Energy

Owners of OGE Energy (NYSE: OGE) shares as of market close today will be eligible for a dividend of 42 cents per share. At a price of $70.13 as of 9:35 a.m. ET, the dividend yield is 2.4%.

The average volume for OGE Energy has been 526,500 shares per day over the past 30 days. OGE Energy has a market cap of $6.9 billion and is part of the utilities industry. Shares are up 25% year to date as of the close of trading on Thursday.

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OGE Energy Corp., together with its subsidiaries, operates as an energy and energy services provider that offers physical delivery and related services for electricity and natural gas primarily in the south central United States. The company has a P/E ratio of 19.50. Currently there are 5 analysts that rate OGE Energy a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates OGE Energy as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income, good cash flow from operations, growth in earnings per share and reasonable valuation levels. 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 OGE Energy Ratings Report now.

Marsh & McLennan Companies

Owners of Marsh & McLennan Companies (NYSE: MMC) shares as of market close today will be eligible for a dividend of 23 cents per share. At a price of $37.24 as of 9:36 a.m. ET, the dividend yield is 2.5%.

The average volume for Marsh & McLennan Companies has been 3.5 million shares per day over the past 30 days. Marsh & McLennan Companies has a market cap of $20.5 billion and is part of the insurance industry. Shares are up 9.1% year to date as of the close of trading on Thursday.

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Marsh & McLennan Companies, Inc., a professional services company, provides advice and solutions in the areas of risk, strategy, and human capital. It operates in two segments, Risk and Insurance Services, and Consulting. The company has a P/E ratio of 17.51. Currently there are 9 analysts that rate Marsh & McLennan Companies a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Marsh & McLennan Companies as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, revenue growth, notable return on equity and reasonable valuation levels. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Marsh & McLennan Companies Ratings Report now.

General Mills

Owners of General Mills (NYSE: GIS) shares as of market close today will be eligible for a dividend of 33 cents per share. At a price of $48.60 as of 9:36 a.m. ET, the dividend yield is 3.1%.

The average volume for General Mills has been 4.1 million shares per day over the past 30 days. General Mills has a market cap of $31.1 billion and is part of the food & beverage industry. Shares are up 21.3% year to date as of the close of trading on Thursday.

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.

General Mills, Inc. manufactures and markets branded consumer foods worldwide. The company also supplies branded and unbranded food products to the foodservice and commercial baking industries. The company has a P/E ratio of 17.68. Currently there are 12 analysts that rate General Mills a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates General Mills as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, reasonable valuation levels, good cash flow from operations 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 General Mills 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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