5 Stocks Going Ex-Dividend Tomorrow: WSR, PEI, EXXI, ACI, ALL

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:

Whitestone REIT

Owners of Whitestone REIT (NYSE: WSR) shares as of market close today will be eligible for a dividend of 10 cents per share. At a price of $17.40 as of 9:35 a.m. ET, the dividend yield is 6.6%.

The average volume for Whitestone REIT has been 83,300 shares per day over the past 30 days. Whitestone REIT has a market cap of $293.4 million and is part of the real estate industry. Shares are up 22.5% 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.

No company description available.

TheStreet Ratings rates Whitestone REIT as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations and increase in net income. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, poor profit margins and feeble growth in the company's earnings per share. You can view the full Whitestone REIT Ratings Report now.

Pennsylvania REIT

Owners of Pennsylvania REIT (NYSE: PEI) shares as of market close today will be eligible for a dividend of 18 cents per share. At a price of $21.63 as of 9:34 a.m. ET, the dividend yield is 3.4%.

The average volume for Pennsylvania REIT has been 733,200 shares per day over the past 30 days. Pennsylvania REIT has a market cap of $1.4 billion and is part of the real estate industry. Shares are up 20.1% 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.

Pennsylvania Real Estate Investment Trust (PREIT) is a publicly owned equity real estate investment trust. The firm manages owns, manages, develops, acquires, and leases mall and power and strip centers primarily in the Eastern United States.

TheStreet Ratings rates Pennsylvania REIT as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, compelling growth in net income and revenue growth. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow and poor profit margins. You can view the full Pennsylvania REIT Ratings Report now.

Energy XXI

Owners of Energy XXI (NASDAQ: EXXI) shares as of market close today will be eligible for a dividend of 12 cents per share. At a price of $26.06 as of 9:35 a.m. ET, the dividend yield is 1.9%.

The average volume for Energy XXI has been 1.3 million shares per day over the past 30 days. Energy XXI has a market cap of $2.0 billion and is part of the energy industry. Shares are down 20.5% 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.

Energy XXI (Bermuda) Limited, together with its subsidiaries, engages in the acquisition, exploration, development, production, and operation of oil and natural gas properties onshore in Louisiana and Texas, and offshore in the Gulf of Mexico. The company has a P/E ratio of 12.36.

TheStreet Ratings rates Energy XXI as a hold. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and a generally disappointing performance in the stock itself. You can view the full Energy XXI Ratings Report now.

Arch Coal

Owners of Arch Coal (NYSE: ACI) shares as of market close today will be eligible for a dividend of 3 cents per share. At a price of $5.38 as of 9:35 a.m. ET, the dividend yield is 2.3%.

The average volume for Arch Coal has been 11.1 million shares per day over the past 30 days. Arch Coal has a market cap of $1.1 billion and is part of the metals & mining industry. Shares are down 27.5% 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.

Arch Coal, Inc. engages in the production and sale of steam and metallurgical coal from surface and underground mines located in the United States.

TheStreet Ratings rates Arch Coal as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, poor profit margins, weak operating cash flow and generally high debt management risk. You can view the full Arch Coal Ratings Report now.

Allstate

Owners of Allstate (NYSE: ALL) shares as of market close today will be eligible for a dividend of 25 cents per share. At a price of $49.26 as of 9:36 a.m. ET, the dividend yield is 2.1%.

The average volume for Allstate has been 3.3 million shares per day over the past 30 days. Allstate has a market cap of $22.8 billion and is part of the insurance industry. Shares are up 21.3% 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.

The Allstate Corporation, through its subsidiaries, engages in the provision of personal property and casualty insurance, life insurance, and retirement and investment products primarily in the United States. The company has a P/E ratio of 10.50.

TheStreet Ratings rates Allstate as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, notable return on equity, attractive valuation levels and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Allstate 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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