5 Stocks Going Ex-Dividend Tomorrow: SLGN, WEN, AEM, EXPD, LMT

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 30, 2013, 32 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.3% to 5.8%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar.

Highlighted Stocks Going Ex-Dividend Tomorrow:

Silgan Holdings

Owners of Silgan Holdings (NASDAQ: SLGN) shares as of market close today will be eligible for a dividend of 14 cents per share. At a price of $47.24 as of 9:34 a.m. ET, the dividend yield is 1.2%.

The average volume for Silgan Holdings has been 262,900 shares per day over the past 30 days. Silgan Holdings has a market cap of $3.0 billion and is part of the consumer non-durables industry. Shares are up 15.1% year to date as of the close of trading on Tuesday.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

Silgan Holdings Inc. and its subsidiaries manufacture and sell rigid packaging for shelf-stable food and other consumer goods products worldwide. It operates in three segments: Metal Containers, Closures, and Plastic Containers. The company has a P/E ratio of 22.88.

TheStreet Ratings rates Silgan Holdings as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, reasonable valuation levels, 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 Silgan Holdings Ratings Report now.

Wendy's

Owners of Wendy's (NASDAQ: WEN) shares as of market close today will be eligible for a dividend of 4 cents per share. At a price of $6.03 as of 9:36 a.m. ET, the dividend yield is 2.6%.

The average volume for Wendy's has been 4.3 million shares per day over the past 30 days. Wendy's has a market cap of $2.4 billion and is part of the leisure industry. Shares are up 29.4% year to date as of the close of trading on Tuesday.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

The Wendy's Company, through its subsidiaries, operates and franchises Wendy's quick service restaurants. The company engages in operating, developing, and franchising a system of distinctive quick-service restaurants in North America and internationally. The company has a P/E ratio of 306.00.

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

Agnico Eagle Mines

Owners of Agnico Eagle Mines (NYSE: AEM) shares as of market close today will be eligible for a dividend of 22 cents per share. At a price of $28.69 as of 9:36 a.m. ET, the dividend yield is 3.1%.

The average volume for Agnico Eagle Mines has been 1.8 million shares per day over the past 30 days. Agnico Eagle Mines has a market cap of $5.0 billion and is part of the metals & mining industry. Shares are down 45.1% year to date as of the close of trading on Tuesday.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

Agnico-Eagle Mines Limited, through its subsidiaries, engages in the exploration, development, and production of mineral properties in Canada, Finland, and Mexico. It primarily explores for gold, as well as silver, copper, zinc, and lead. The company has a P/E ratio of 18.84.

TheStreet Ratings rates Agnico Eagle Mines as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, notable return on equity and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, weak operating cash flow and unimpressive growth in net income. You can view the full Agnico Eagle Mines Ratings Report now.

Expeditors International of Washington

Owners of Expeditors International of Washington (NASDAQ: EXPD) shares as of market close today will be eligible for a dividend of 30 cents per share. At a price of $39.43 as of 9:36 a.m. ET, the dividend yield is 1.5%.

The average volume for Expeditors International of Washington has been 2.3 million shares per day over the past 30 days. Expeditors International of Washington has a market cap of $8.1 billion and is part of the transportation industry. Shares are down 0.6% year to date as of the close of trading on Tuesday.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

Expeditors International of Washington, Inc. provides logistics services in the United States and internationally. The company has a P/E ratio of 24.58.

TheStreet Ratings rates Expeditors International of Washington as a hold. The company's strengths can be seen in multiple areas, such as its increase in net income, largely solid financial position with reasonable debt levels by most measures and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including poor profit margins and disappointing return on equity. You can view the full Expeditors International of Washington Ratings Report now.

Lockheed Martin Corporation

At a price of $106.84 as of 9:35 a.m. ET, the dividend yield is 4.3%.

The average volume for Lockheed Martin Corporation has been 2.2 million shares per day over the past 30 days. Lockheed Martin Corporation has a market cap of $34.3 billion and is part of the aerospace/defense industry. Shares are up 16% year to date as of the close of trading on Tuesday.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

Lockheed Martin Corporation, a security and aerospace company, engages in the research, design, development, manufacture, integration, and sustainment of advanced technology systems and products for defense, civil, and commercial applications in the United States and internationally. The company has a P/E ratio of 12.36.

TheStreet Ratings rates Lockheed Martin Corporation as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, notable return on equity, good cash flow from operations and increase in net income. 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 Lockheed Martin 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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