5 Stocks Going Ex-Dividend Tuesday: TNP, CEO, LPS, TV, EXPE

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.

Tuesday, May 28, 2013, 10 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.5% to 8%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar.

Highlighted Stocks Going Ex-Dividend Tuesday:

Tsakos Energy Navigation

Owners of Tsakos Energy Navigation (NYSE: TNP) shares as of market close today will be eligible for a dividend of 5 cents per share. At a price of $5.09 as of 9:35 a.m. ET, the dividend yield is 8%.

The average volume for Tsakos Energy Navigation has been 267,400 shares per day over the past 30 days. Tsakos Energy Navigation has a market cap of $234.8 million and is part of the transportation industry. Shares are up 12% year to date as of the close of trading on Thursday.

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Tsakos Energy Navigation Limited provides international seaborne crude oil and petroleum product transportation services worldwide. The company offers marine transportation services to national, major, and other independent oil companies and refiners under long, medium, and short-term charters.

TheStreet Ratings rates Tsakos Energy Navigation as a sell. The company's weaknesses can be seen in multiple areas, such as its generally high debt management risk and generally disappointing historical performance in the stock itself. You can view the full Tsakos Energy Navigation Ratings Report now.

CNOOC

At a price of $179.77 as of 9:36 a.m. ET, the dividend yield is 3%.

The average volume for CNOOC has been 105,800 shares per day over the past 30 days. CNOOC has a market cap of $82.4 billion and is part of the energy industry. Shares are down 16.9% year to date as of the close of trading on Thursday.

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The company has a P/E ratio of 8.09.

You can view the full CNOOC Ratings Report now.

Lender Processing Services

Owners of Lender Processing Services (NYSE: LPS) shares as of market close today will be eligible for a dividend of 10 cents per share. At a price of $32.56 as of 9:36 a.m. ET, the dividend yield is 1.4%.

The average volume for Lender Processing Services has been 788,600 shares per day over the past 30 days. Lender Processing Services has a market cap of $2.5 billion and is part of the diversified services industry. Shares are up 33.5% year to date as of the close of trading on Thursday.

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Lender Processing Services, Inc. provides integrated technology, data, and services to the mortgage lending industry in the United States. The company operates in two segments, Technology, Data, and Analytics; and Transaction Services. The company has a P/E ratio of 29.40.

TheStreet Ratings rates Lender Processing Services as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, increase in stock price during the past year and growth in earnings per share. 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 Lender Processing Services Ratings Report now.

Grupo Televisa S.A

Owners of Grupo Televisa S.A (NYSE: TV) shares as of market close today will be eligible for a dividend of 13 cents per share. At a price of $25.94 as of 9:35 a.m. ET, the dividend yield is 0.5%.

The average volume for Grupo Televisa S.A has been 1.7 million shares per day over the past 30 days. Grupo Televisa S.A has a market cap of $14.7 billion and is part of the media industry. Shares are down 1.1% 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.

Grupo Televisa, S.A.B. operates as a media company. The company has a P/E ratio of 21.23.

TheStreet Ratings rates Grupo Televisa S.A 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, compelling growth in net income, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Grupo Televisa S.A Ratings Report now.

Expedia

Owners of Expedia (NASDAQ: EXPE) shares as of market close today will be eligible for a dividend of 13 cents per share. At a price of $57.85 as of 9:35 a.m. ET, the dividend yield is 0.9%.

The average volume for Expedia has been 2.7 million shares per day over the past 30 days. Expedia has a market cap of $7.1 billion and is part of the leisure industry. Shares are down 6.1% 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.

Expedia, Inc., together with its subsidiaries, operates as an online travel company in the United States and internationally. The company has a P/E ratio of 43.04.

TheStreet Ratings rates Expedia as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, robust revenue growth and reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and generally higher debt management risk. You can view the full Expedia 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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