5 Stocks Going Ex-Dividend Tomorrow: HRC, EXR, ARG, FDO, FCX

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:

Hill-Rom Holdings

Owners of Hill-Rom Holdings (NYSE: HRC) shares as of market close today will be eligible for a dividend of 14 cents per share. At a price of $35.40 as of 9:36 a.m. ET, the dividend yield is 1.6%.

The average volume for Hill-Rom Holdings has been 337,600 shares per day over the past 30 days. Hill-Rom Holdings has a market cap of $2.1 billion and is part of the health services industry. Shares are up 24.2% year to date as of the close of trading on Monday.

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The company has a P/E ratio of 19.99.

You can view the full Hill-Rom Holdings Ratings Report now.

Extra Space Storage

Owners of Extra Space Storage (NYSE: EXR) shares as of market close today will be eligible for a dividend of 40 cents per share. At a price of $41.99 as of 9:35 a.m. ET, the dividend yield is 3.7%.

The average volume for Extra Space Storage has been 681,600 shares per day over the past 30 days. Extra Space Storage has a market cap of $4.8 billion and is part of the real estate industry. Shares are up 17.9% 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.

Extra Space Storage, Inc. operates as a real estate investment trust (REIT) in the United States. It engages in property management and development activities that include acquiring, managing, developing, and selling, as well as the rental of self-storage facilities. The company has a P/E ratio of 35.47.

TheStreet Ratings rates Extra Space Storage as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and good cash flow from operations. 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 Extra Space Storage Ratings Report now.

Airgas

Owners of Airgas (NYSE: ARG) shares as of market close today will be eligible for a dividend of 48 cents per share. At a price of $99.26 as of 9:35 a.m. ET, the dividend yield is 1.9%.

The average volume for Airgas has been 486,400 shares per day over the past 30 days. Airgas has a market cap of $7.4 billion and is part of the chemicals industry. Shares are up 10.8% 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.

Airgas, Inc., through its subsidiaries, engages in the distribution of industrial, medical, and specialty gases in the United States. The company has a P/E ratio of 23.25.

TheStreet Ratings rates Airgas as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in stock price during the past year, growth in earnings per share, 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 Airgas Ratings Report now.

Family Dollar Stores

Owners of Family Dollar Stores (NYSE: FDO) shares as of market close today will be eligible for a dividend of 26 cents per share. At a price of $62.36 as of 9:35 a.m. ET, the dividend yield is 1.7%.

The average volume for Family Dollar Stores has been 1.4 million shares per day over the past 30 days. Family Dollar Stores has a market cap of $7.1 billion and is part of the retail industry. Shares are down 2.2% 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.

Family Dollar Stores, Inc. operates a chain of self-service retail discount stores primarily for low- and middle-income consumers in the United States. The company has a P/E ratio of 16.85.

TheStreet Ratings rates Family Dollar Stores as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, increase in net income, largely solid financial position with reasonable debt levels by most measures and attractive valuation levels. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full Family Dollar Stores Ratings Report now.

Freeport-McMoRan Copper & Gold

At a price of $30.32 as of 9:35 a.m. ET, the dividend yield is 4%.

The average volume for Freeport-McMoRan Copper & Gold has been 18.3 million shares per day over the past 30 days. Freeport-McMoRan Copper & Gold has a market cap of $29.4 billion and is part of the metals & mining industry. Shares are down 9.6% 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.

Freeport-McMoRan Copper & Gold Inc. engages in the exploration of mineral resource properties. The company primarily explores for copper, gold, molybdenum, cobalt, silver, and other metals, such as rhenium and magnetite. The company has a P/E ratio of 10.04.

TheStreet Ratings rates Freeport-McMoRan Copper & Gold as a hold. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and feeble growth in the company's earnings per share. You can view the full Freeport-McMoRan Copper & Gold 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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