4 Stocks Going Ex-Dividend Tomorrow: ENH, BRE, SAI, MSI

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 12, 2013, 82 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.2% to 18.2%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar.

Highlighted Stocks Going Ex-Dividend Tomorrow:

Endurance Specialty Holdings

Owners of Endurance Specialty Holdings (NYSE: ENH) shares as of market close today will be eligible for a dividend of 32 cents per share. At a price of $50.52 as of 9:36 a.m. ET, the dividend yield is 2.5%.

The average volume for Endurance Specialty Holdings has been 277,000 shares per day over the past 30 days. Endurance Specialty Holdings has a market cap of $2.2 billion and is part of the insurance industry. Shares are up 27.7% 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.

Endurance Specialty Holdings Ltd. underwrites specialty lines of personal and commercial property and casualty insurance and reinsurance worldwide. The company operates in two segments, Insurance and Reinsurance. The company has a P/E ratio of 14.87.

TheStreet Ratings rates Endurance Specialty Holdings 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, compelling growth in net income and attractive valuation levels. 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 Endurance Specialty Holdings Ratings Report now.

BRE Properties

Owners of BRE Properties (NYSE: BRE) shares as of market close today will be eligible for a dividend of 40 cents per share. At a price of $48.00 as of 9:34 a.m. ET, the dividend yield is 3.2%.

The average volume for BRE Properties has been 695,600 shares per day over the past 30 days. BRE Properties has a market cap of $3.8 billion and is part of the real estate industry. Shares are down 3.9% 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.

BRE Properties Inc. is an independent real estate investment trust. The firm invests in the real estate markets of the United States. It focuses on the development, acquisition, and management of multifamily apartment communities. BRE Properties Inc. The company has a P/E ratio of 25.05.

TheStreet Ratings rates BRE Properties as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, revenue growth, 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 BRE Properties Ratings Report now.

SAIC

At a price of $14.45 as of 9:35 a.m. ET, the dividend yield is 3.2%.

The average volume for SAIC has been 3.8 million shares per day over the past 30 days. SAIC has a market cap of $5.1 billion and is part of the computer software & services industry. Shares are up 32% 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.

SAIC, Inc. provides scientific, engineering, systems integration, and technical services and solutions in the areas of defense, health, energy, infrastructure, intelligence, surveillance, reconnaissance, and cybersecurity to agencies of the U.S. The company has a P/E ratio of 10.52.

TheStreet Ratings rates SAIC as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels, good cash flow from operations 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 SAIC Ratings Report now.

Motorola Solutions

Owners of Motorola Solutions (NYSE: MSI) shares as of market close today will be eligible for a dividend of 26 cents per share. At a price of $56.13 as of 9:36 a.m. ET, the dividend yield is 1.8%.

The average volume for Motorola Solutions has been 2.0 million shares per day over the past 30 days. Motorola Solutions has a market cap of $15.5 billion and is part of the telecommunications industry. Shares are up 2.3% 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.

Motorola Solutions, Inc. provides mission critical communication infrastructure, devices, software, and services worldwide. It operates in two segments, Government and Enterprise. The company has a P/E ratio of 18.19.

TheStreet Ratings rates Motorola Solutions 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, notable return on equity and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Motorola Solutions 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.
null

If you liked this article you might like

The Big Reason You Should Buy Assurant: 13 Years of Dividend Growth

The Big Reason You Should Buy Assurant: 13 Years of Dividend Growth

Here's Who Killed It in October Dealmaking Advice

Here's Who Killed It in October Dealmaking Advice

Asian Stock Markets Rise; Samsung Up After Elliott Attack, Viv Labs Purchase

Asian Stock Markets Rise; Samsung Up After Elliott Attack, Viv Labs Purchase

5 Things You Must Know Before the Market Opens Wednesday

5 Things You Must Know Before the Market Opens Wednesday

Asian Markets Mixed Before Jobs Report; Sompo Rises on Endurance Specialty Bid Plan

Asian Markets Mixed Before Jobs Report; Sompo Rises on Endurance Specialty Bid Plan