5 Stocks Going Ex-Dividend Tomorrow: NDRO, CR, CRK, FBHS, LO

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:

Enduro Royalty

Owners of Enduro Royalty (NYSE: NDRO) shares as of market close today will be eligible for a dividend of 10 cents per share. At a price of $16.40 as of 9:34 a.m. ET, the dividend yield is 7%.

The average volume for Enduro Royalty has been 57,400 shares per day over the past 30 days. Enduro Royalty has a market cap of $544.5 million and is part of the energy industry. Shares are down 1.6% 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.

You can view the full Enduro Royalty Ratings Report now.

Crane Company

Owners of Crane Company (NYSE: CR) shares as of market close today will be eligible for a dividend of 28 cents per share. At a price of $60.00 as of 9:34 a.m. ET, the dividend yield is 1.9%.

The average volume for Crane Company has been 249,500 shares per day over the past 30 days. Crane Company has a market cap of $3.4 billion and is part of the industrial industry. Shares are up 28.3% 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.

Crane Co. manufactures and sells engineered industrial products in the United States and internationally. The company operates in five segments: Aerospace & Electronics, Engineered Materials, Merchandising Systems, Fluid Handling, and Controls. The company has a P/E ratio of 17.06.

TheStreet Ratings rates Crane Company 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, increase in net income, largely solid financial position with reasonable debt levels by most measures and notable return on equity. 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 Crane Company Ratings Report now.

Comstock Resources

Owners of Comstock Resources (NYSE: CRK) shares as of market close today will be eligible for a dividend of 13 cents per share. At a price of $17.33 as of 9:36 a.m. ET, the dividend yield is 2.9%.

The average volume for Comstock Resources has been 1.5 million shares per day over the past 30 days. Comstock Resources has a market cap of $822.9 million and is part of the energy industry. Shares are up 12.7% 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.

Comstock Resources, Inc., an independent energy company, engages in the acquisition, development, exploration, and production of oil and natural gas properties in the United States.

TheStreet Ratings rates Comstock Resources as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, generally high debt management risk, disappointing return on equity, weak operating cash flow and feeble growth in its earnings per share. You can view the full Comstock Resources Ratings Report now.

Fortune Brands Home & Security

Owners of Fortune Brands Home & Security (NYSE: FBHS) shares as of market close today will be eligible for a dividend of 10 cents per share. At a price of $43.71 as of 9:36 a.m. ET, the dividend yield is 0.9%.

The average volume for Fortune Brands Home & Security has been 1.3 million shares per day over the past 30 days. Fortune Brands Home & Security has a market cap of $7.1 billion and is part of the consumer durables industry. Shares are up 46.3% 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.

Fortune Brands Home & Security, Inc. provides home and security products for use in residential home repair, remodeling, new construction, and security and storage applications. The company has a P/E ratio of 50.31.

TheStreet Ratings rates Fortune Brands Home & Security as a hold. 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 and notable return on equity. However, as a counter to these strengths, we find that we feel that the company's cash flow from its operations has been weak overall. You can view the full Fortune Brands Home & Security Ratings Report now.

Lorillard

Owners of Lorillard (NYSE: LO) shares as of market close today will be eligible for a dividend of 55 cents per share. At a price of $44.10 as of 9:35 a.m. ET, the dividend yield is 5%.

The average volume for Lorillard has been 3.3 million shares per day over the past 30 days. Lorillard has a market cap of $16.6 billion and is part of the tobacco industry. Shares are up 12.8% 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.

Lorillard, Inc. manufactures and sells cigarettes in the United States. The company operates through two segments, Cigarettes and Electronic Cigarettes. The Cigarettes segment manufactures and sells cigarettes. The company has a P/E ratio of 14.11.

TheStreet Ratings rates Lorillard as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, increase in net income, revenue growth, expanding profit margins and good cash flow from operations. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full Lorillard 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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