5 Stocks Going Ex-Dividend Tomorrow: BOH, CMP, SNI, JWN, ABX

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, May 29, 2013, 75 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0% to 12.3%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar.

Highlighted Stocks Going Ex-Dividend Tomorrow:

Bank of Hawaii Corporation

Owners of Bank of Hawaii Corporation (NYSE: BOH) shares as of market close today will be eligible for a dividend of 45 cents per share. At a price of $51.84 as of 9:35 a.m. ET, the dividend yield is 3.5%.

The average volume for Bank of Hawaii Corporation has been 247,500 shares per day over the past 30 days. Bank of Hawaii Corporation has a market cap of $2.3 billion and is part of the banking industry. Shares are up 16.4% 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.

Bank of Hawaii Corporation operates as the holding company for Bank of Hawaii that provides a range of financial services and products in Hawaii, Guam, and other Pacific Islands. The company has a P/E ratio of 14.53.

TheStreet Ratings rates Bank of Hawaii Corporation as a buy. The company's strengths can be seen in multiple areas, such as its expanding profit margins, increase in stock price during the past year and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Bank of Hawaii Corporation Ratings Report now.

Compass Minerals International

Owners of Compass Minerals International (NYSE: CMP) shares as of market close today will be eligible for a dividend of 55 cents per share. At a price of $88.85 as of 9:33 a.m. ET, the dividend yield is 2.5%.

The average volume for Compass Minerals International has been 217,700 shares per day over the past 30 days. Compass Minerals International has a market cap of $2.9 billion and is part of the metals & mining industry. Shares are up 17.9% 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.

Compass Minerals International, Inc., through its subsidiaries, produces and markets inorganic mineral products primarily in North America and the United Kingdom. It operates in two segments, Salt and Specialty Fertilizer. The company has a P/E ratio of 31.03.

TheStreet Ratings rates Compass Minerals International as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income, 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 shows low profit margins. You can view the full Compass Minerals International Ratings Report now.

Scripps Networks Interactive

Owners of Scripps Networks Interactive (NYSE: SNI) shares as of market close today will be eligible for a dividend of 15 cents per share. At a price of $69.60 as of 9:36 a.m. ET, the dividend yield is 0.9%.

The average volume for Scripps Networks Interactive has been 711,800 shares per day over the past 30 days. Scripps Networks Interactive has a market cap of $7.7 billion and is part of the media industry. Shares are up 18.8% 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.

Scripps Networks Interactive, Inc. develops lifestyle-oriented content for television and the Internet markets in the United States and internationally. It delivers entertaining and useful content that focuses on specifically defined topics of interest for audiences and advertisers. The company has a P/E ratio of 15.53.

TheStreet Ratings rates Scripps Networks Interactive as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Scripps Networks Interactive Ratings Report now.

Nordstrom

Owners of Nordstrom (NYSE: JWN) shares as of market close today will be eligible for a dividend of 30 cents per share. At a price of $60.56 as of 9:35 a.m. ET, the dividend yield is 2%.

The average volume for Nordstrom has been 1.8 million shares per day over the past 30 days. Nordstrom has a market cap of $11.7 billion and is part of the retail industry. Shares are up 11.9% 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.

Nordstrom, Inc., a fashion specialty retailer, offers apparel, shoes, cosmetics, and accessories for women, men, and children in the United States. It operates in two segments, Retail and Credit. The Retail segment offers a selection of brand name and private label merchandise. The company has a P/E ratio of 16.68.

TheStreet Ratings rates Nordstrom as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, growth in earnings per share, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Nordstrom Ratings Report now.

Barrick Gold Corporation

Owners of Barrick Gold Corporation (NYSE: ABX) shares as of market close today will be eligible for a dividend of 20 cents per share. At a price of $19.10 as of 9:36 a.m. ET, the dividend yield is 4.2%.

The average volume for Barrick Gold Corporation has been 18.0 million shares per day over the past 30 days. Barrick Gold Corporation has a market cap of $19.2 billion and is part of the metals & mining industry. Shares are down 45.3% 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.

Barrick Gold Corporation engages in the production and sale of gold and copper. It is also involved in exploration and mine development activities.

TheStreet Ratings rates Barrick Gold Corporation as a hold. The company's strengths can be seen in multiple areas, such as its expanding profit margins and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, disappointing return on equity and weak operating cash flow. You can view the full Barrick Gold Corporation 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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