5 Stocks Going Ex-Dividend Tomorrow: UNS, GCI, PEG, PX, COH

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, June 5, 2013, 41 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.1% to 9.7%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar.

Highlighted Stocks Going Ex-Dividend Tomorrow:

UNS Energy

Owners of UNS Energy (NYSE: UNS) shares as of market close today will be eligible for a dividend of 44 cents per share. At a price of $47.53 as of 9:34 a.m. ET, the dividend yield is 3.7%.

The average volume for UNS Energy has been 257,600 shares per day over the past 30 days. UNS Energy has a market cap of $1.9 billion and is part of the utilities industry. Shares are up 11.9% year to date as of the close of trading on Monday.

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

UNS Energy Corporation, through its subsidiaries, engages in the electric generation and energy delivery business. The company has a P/E ratio of 20.38.

TheStreet Ratings rates UNS Energy as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income, revenue growth, good cash flow from operations and growth in earnings per share. 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 UNS Energy Ratings Report now.

Gannett

Owners of Gannett (NYSE: GCI) shares as of market close today will be eligible for a dividend of 20 cents per share. At a price of $21.43 as of 9:35 a.m. ET, the dividend yield is 3.7%.

The average volume for Gannett has been 2.6 million shares per day over the past 30 days. Gannett has a market cap of $4.9 billion and is part of the media industry. Shares are up 19.4% year to date as of the close of trading on Monday.

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

Gannett Co., Inc. operates as a media and marketing solutions company in the United States and internationally. It operates through three segments: Publishing, Digital, and Broadcasting. The Publishing Segment operates 82 U.S. The company has a P/E ratio of 11.03.

TheStreet Ratings rates Gannett 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 expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Gannett Ratings Report now.

Public Service Enterprise Group

Owners of Public Service Enterprise Group (NYSE: PEG) shares as of market close today will be eligible for a dividend of 36 cents per share. At a price of $33.02 as of 9:35 a.m. ET, the dividend yield is 4.4%.

The average volume for Public Service Enterprise Group has been 2.4 million shares per day over the past 30 days. Public Service Enterprise Group has a market cap of $16.7 billion and is part of the utilities industry. Shares are up 8% year to date as of the close of trading on Monday.

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

Public Service Enterprise Group Incorporated, through its subsidiaries, operates as an energy company primarily in the northeastern and mid Atlantic United States. The company has a P/E ratio of 15.16.

TheStreet Ratings rates Public Service Enterprise Group as a buy. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. You can view the full Public Service Enterprise Group Ratings Report now.

Praxair

Owners of Praxair (NYSE: PX) shares as of market close today will be eligible for a dividend of 60 cents per share. At a price of $115.44 as of 9:35 a.m. ET, the dividend yield is 2.1%.

The average volume for Praxair has been 1.2 million shares per day over the past 30 days. Praxair has a market cap of $33.8 billion and is part of the chemicals industry. Shares are up 4.5% year to date as of the close of trading on Monday.

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

Praxair, Inc. engages in the production, distribution, and sale of atmospheric and process gases, and surface coatings in North America, Europe, South America, and Asia. The company has a P/E ratio of 20.67.

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

Coach

Owners of Coach (NYSE: COH) shares as of market close today will be eligible for a dividend of 34 cents per share. At a price of $58.28 as of 9:36 a.m. ET, the dividend yield is 2.3%.

The average volume for Coach has been 5.3 million shares per day over the past 30 days. Coach has a market cap of $16.4 billion and is part of the consumer non-durables industry. Shares are up 5% year to date as of the close of trading on Monday.

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

Coach, Inc. engages in the design, marketing, and distribution of handbags, accessories, wearables, footwear, jewelry, sunwear, travel bags, watches, and fragrances for women and men in the United States and internationally. The company has a P/E ratio of 15.75.

TheStreet Ratings rates Coach 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, growth in earnings per share, expanding profit margins and good cash flow from operations. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full Coach 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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