5 Stocks Going Ex-Dividend Tomorrow: TAC, MNRO, LXK, PRGO, RIG

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:

TransAlta Corporation

Owners of TransAlta Corporation (NYSE: TAC) shares as of market close today will be eligible for a dividend of 28 cents per share. At a price of $15.04 as of 9:32 a.m. ET, the dividend yield is 7.6%.

The average volume for TransAlta Corporation has been 101,800 shares per day over the past 30 days. TransAlta Corporation has a market cap of $3.8 billion and is part of the utilities industry. Shares are down 2.6% year to date as of the close of trading on Friday.

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TransAlta Corporation operates as a non-regulated electricity generation and energy marketing company in Canada, the United States, and Australia. The company engages in the generation and wholesale trade of electricity and other energy-related commodities and derivatives.

TheStreet Ratings rates TransAlta Corporation as a sell. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, deteriorating net income, disappointing return on equity, generally disappointing historical performance in the stock itself and generally high debt management risk. You can view the full TransAlta Corporation Ratings Report now.

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