4 Stocks Going Ex-Dividend Tomorrow: GMT, URS, KBR, DLR

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:

GATX

Owners of GATX (NYSE: GMT) shares as of market close today will be eligible for a dividend of 31 cents per share. At a price of $48.73 as of 9:35 a.m. ET, the dividend yield is 2.5%.

The average volume for GATX has been 260,800 shares per day over the past 30 days. GATX has a market cap of $2.3 billion and is part of the diversified services industry. Shares are up 14.3% 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.

GATX Corporation leases, operates, manages, and remarkets assets in the rail and marine markets in North America and internationally. The company operates in four segments: Rail North America, Rail International, American Steamship Company (ASC), and Portfolio Management. The company has a P/E ratio of 17.66.

TheStreet Ratings rates GATX as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels, solid stock price performance, expanding profit margins 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 GATX Ratings Report now.

URS Corporation

Owners of URS Corporation (NYSE: URS) shares as of market close today will be eligible for a dividend of 21 cents per share. At a price of $46.67 as of 9:35 a.m. ET, the dividend yield is 1.8%.

The average volume for URS Corporation has been 651,200 shares per day over the past 30 days. URS Corporation has a market cap of $3.6 billion and is part of the diversified services industry. Shares are up 21.5% 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.

URS Corporation provides engineering, construction, and technical services to public agencies and private sector clients worldwide. The company has a P/E ratio of 11.75.

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

KBR

Owners of KBR (NYSE: KBR) shares as of market close today will be eligible for a dividend of 8 cents per share. At a price of $33.35 as of 9:35 a.m. ET, the dividend yield is 0.9%.

The average volume for KBR has been 1.4 million shares per day over the past 30 days. KBR has a market cap of $5.1 billion and is part of the diversified services industry. Shares are up 15.4% 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.

KBR, Inc. operates as an engineering, construction, and services company worldwide. The company has a P/E ratio of 36.35.

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

Digital Realty

Owners of Digital Realty (NYSE: DLR) shares as of market close today will be eligible for a dividend of 78 cents per share. At a price of $61.10 as of 9:35 a.m. ET, the dividend yield is 5.2%.

The average volume for Digital Realty has been 1.6 million shares per day over the past 30 days. Digital Realty has a market cap of $7.8 billion and is part of the real estate industry. Shares are down 11% 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.

Digital Realty Trust, Inc., a real estate investment trust (REIT), through its controlling interest in Digital Realty Trust, L.P., engages in the ownership, acquisition, development, redevelopment, and management of technology-related real estate. The company has a P/E ratio of 41.37.

TheStreet Ratings rates Digital Realty as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, reasonable valuation levels, good cash flow from operations and increase in net income. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full Digital Realty 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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