5 Stocks Going Ex-Dividend Monday: UMH, SDR, TFX, AGCO, EXC

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, May 13, 2013, 36 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.5% to 17.1%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar.

Highlighted Stocks Going Ex-Dividend Monday:

UMH Properties

Owners of UMH Properties (NYSE: UMH) shares as of market close today will be eligible for a dividend of 18 cents per share. At a price of $11.34 as of 9:31 a.m. ET, the dividend yield is 6.3%.

The average volume for UMH Properties has been 51,700 shares per day over the past 30 days. UMH Properties has a market cap of $203.0 million and is part of the real estate industry. Shares are up 10.3% year to date as of the close of trading on Thursday.

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UMH Properties, Inc. (UMH) is a real estate investment trust. The firm engages in the ownership and operation of manufactured home communities. It leases manufactured home spaces to private manufactured home owners, as well as leases homes to residents. The company has a P/E ratio of 24.78.

TheStreet Ratings rates UMH Properties as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, feeble growth in the company's earnings per share and disappointing return on equity. You can view the full UMH Properties Ratings Report now.

SandRidge Mississippian Trust II

Owners of SandRidge Mississippian Trust II (NYSE: SDR) shares as of market close today will be eligible for a dividend of 56 cents per share. At a price of $13.00 as of 9:35 a.m. ET, the dividend yield is 17.1%.

The average volume for SandRidge Mississippian Trust II has been 428,800 shares per day over the past 30 days. SandRidge Mississippian Trust II has a market cap of $485.9 million and is part of the energy industry. Shares are down 20.2% 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.

The company has a P/E ratio of 9.44.

You can view the full SandRidge Mississippian Trust II Ratings Report now.

Teleflex

Owners of Teleflex (NYSE: TFX) shares as of market close today will be eligible for a dividend of 34 cents per share. At a price of $80.13 as of 9:33 a.m. ET, the dividend yield is 1.7%.

The average volume for Teleflex has been 346,600 shares per day over the past 30 days. Teleflex has a market cap of $3.3 billion and is part of the health services industry. Shares are up 12% 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.

Teleflex Incorporated designs, develops, manufactures, and supplies single-use medical devices for common diagnostic and therapeutic procedures worldwide. The company has a P/E ratio of 25.25.

TheStreet Ratings rates Teleflex as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, compelling growth in net income, expanding profit margins, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Teleflex Ratings Report now.

AGCO

Owners of AGCO (NYSE: AGCO) shares as of market close today will be eligible for a dividend of 10 cents per share. At a price of $56.18 as of 9:36 a.m. ET, the dividend yield is 0.7%.

The average volume for AGCO has been 1.2 million shares per day over the past 30 days. AGCO has a market cap of $5.4 billion and is part of the industrial industry. Shares are up 14% 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.

AGCO Corporation manufactures and distributes agricultural equipment and related replacement parts worldwide. The company has a P/E ratio of 10.59.

TheStreet Ratings rates AGCO as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels, good cash flow from operations, 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 has had somewhat disappointing return on equity. You can view the full AGCO Ratings Report now.

Exelon

Owners of Exelon (NYSE: EXC) shares as of market close today will be eligible for a dividend of 31 cents per share. At a price of $35.52 as of 9:36 a.m. ET, the dividend yield is 3.5%.

The average volume for Exelon has been 6.6 million shares per day over the past 30 days. Exelon has a market cap of $30.6 billion and is part of the utilities industry. Shares are up 20.1% 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.

Exelon Corporation, a utility services holding company, engages in the energy generation and distribution business in the United States. The company has a P/E ratio of 28.12.

TheStreet Ratings rates Exelon as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. You can view the full Exelon 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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