5 Stocks Going Ex-Dividend Tomorrow: NTLS, FSC, ARR, GNC, WU

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:

NTELOS Holdings

Owners of NTELOS Holdings (NASDAQ: NTLS) shares as of market close today will be eligible for a dividend of 42 cents per share. At a price of $16.50 as of 9:33 a.m. ET, the dividend yield is 10.3%.

The average volume for NTELOS Holdings has been 150,300 shares per day over the past 30 days. NTELOS Holdings has a market cap of $350.9 million and is part of the telecommunications industry. Shares are up 24.7% 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.

NTELOS Holdings Corp., through its subsidiaries, provides digital wireless communications services to consumers and businesses primarily in Virginia and West Virginia, as well as parts of Maryland, North Carolina, Pennsylvania, Ohio, and Kentucky. The company has a P/E ratio of 22.09.

TheStreet Ratings rates NTELOS Holdings as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and notable return on equity. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, poor profit margins and generally higher debt management risk. You can view the full NTELOS Holdings Ratings Report now.

Fifth Street Finance Corporation

Owners of Fifth Street Finance Corporation (NASDAQ: FSC) shares as of market close today will be eligible for a dividend of 10 cents per share. At a price of $10.33 as of 9:36 a.m. ET, the dividend yield is 10.9%.

The average volume for Fifth Street Finance Corporation has been 1.7 million shares per day over the past 30 days. Fifth Street Finance Corporation has a market cap of $1.3 billion and is part of the financial services industry. Shares are up 0.9% 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.

The company has a P/E ratio of 9.82.

You can view the full Fifth Street Finance Corporation Ratings Report now.

ARMOUR Residential REIT

Owners of ARMOUR Residential REIT (NYSE: ARR) shares as of market close today will be eligible for a dividend of 7 cents per share. At a price of $4.77 as of 9:36 a.m. ET, the dividend yield is 17%.

The average volume for ARMOUR Residential REIT has been 7.9 million shares per day over the past 30 days. ARMOUR Residential REIT has a market cap of $1.9 billion and is part of the real estate industry. Shares are down 23.5% 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.

ARMOUR Residential REIT, Inc. is a real estate investment trust launched and managed by ARMOUR Residential Management LLC. It invests in the real estate markets of the United States. The company has a P/E ratio of 6.27.

TheStreet Ratings rates ARMOUR Residential REIT as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, attractive valuation levels 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 ARMOUR Residential REIT Ratings Report now.

GNC Acquisition Holdings

Owners of GNC Acquisition Holdings (NYSE: GNC) shares as of market close today will be eligible for a dividend of 15 cents per share. At a price of $44.98 as of 9:36 a.m. ET, the dividend yield is 1.3%.

The average volume for GNC Acquisition Holdings has been 1.6 million shares per day over the past 30 days. GNC Acquisition Holdings has a market cap of $4.4 billion and is part of the retail industry. Shares are up 34.6% 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.

GNC Holdings, Inc. operates as a specialty retailer of health and wellness products. It operates through three segments: Retail, Franchise, and Manufacturing/Wholesale. The company has a P/E ratio of 18.44.

TheStreet Ratings rates GNC Acquisition Holdings as a hold. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, revenue growth and notable return on equity. However, as a counter to these strengths, we find that the company has favored debt over equity in the management of its balance sheet. You can view the full GNC Acquisition Holdings Ratings Report now.

Western Union Company

Owners of Western Union Company (NYSE: WU) shares as of market close today will be eligible for a dividend of 13 cents per share. At a price of $16.68 as of 9:35 a.m. ET, the dividend yield is 3%.

The average volume for Western Union Company has been 7.3 million shares per day over the past 30 days. Western Union Company has a market cap of $9.3 billion and is part of the financial services industry. Shares are up 23.4% 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.

The Western Union Company provides money movement and payment services worldwide. The company operates in three segments: Consumer-to-Consumer, Consumer-to-Business, and Business Solutions. The Consumer-to-Consumer segment offers cash money transfer services involving walk-in agent locations. The company has a P/E ratio of 10.03.

TheStreet Ratings rates Western Union Company as a buy. The company's strengths can be seen in multiple areas, such as its 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 somewhat weak growth in earnings per share. You can view the full Western Union Company 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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