5 Stocks Going Ex-Dividend Tomorrow: CCUR, CSE, CHS, AVGO, UNH

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 13, 2013, 22 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.4% to 12.5%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar.

Highlighted Stocks Going Ex-Dividend Tomorrow:

Concurrent Computer Corporation

Owners of Concurrent Computer Corporation (NASDAQ: CCUR) shares as of market close today will be eligible for a dividend of 12 cents per share. At a price of $8.00 as of 9:34 a.m. ET, the dividend yield is 6%.

The average volume for Concurrent Computer Corporation has been 101,000 shares per day over the past 30 days. Concurrent Computer Corporation has a market cap of $73.3 million and is part of the computer hardware industry. Shares are up 38.5% year to date as of the close of trading on Tuesday.

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

Concurrent Computer Corporation provides software, hardware, and professional services for the video market in North America, the Asia Pacific, Europe, and South America. It operates in two segments, Video Solutions and Real-Time Products. The company has a P/E ratio of 33.12.

TheStreet Ratings rates Concurrent Computer Corporation as a hold. 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 and revenue growth. However, as a counter to these strengths, we find that the company's return on equity has been disappointing. You can view the full Concurrent Computer Corporation Ratings Report now.

CapitalSource

Owners of CapitalSource (NYSE: CSE) shares as of market close today will be eligible for a dividend of 1 cent per share. At a price of $9.41 as of 9:35 a.m. ET, the dividend yield is 0.4%.

The average volume for CapitalSource has been 1.6 million shares per day over the past 30 days. CapitalSource has a market cap of $1.9 billion and is part of the financial services industry. Shares are up 23.6% year to date as of the close of trading on Tuesday.

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

CapitalSource Inc., through its subsidiaries, provides financial products to small and middle market businesses in the United States. It offers depository products and services, such as savings and money market accounts, individual retirement account products, and certificates of deposit. The company has a P/E ratio of 4.45.

TheStreet Ratings rates CapitalSource as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, notable return on equity and expanding profit margins. However, as a counter to these strengths, we find that we feel that the company's cash flow from its operations has been weak overall. You can view the full CapitalSource Ratings Report now.

Chico's FAS

Owners of Chico's FAS (NYSE: CHS) shares as of market close today will be eligible for a dividend of 6 cents per share. At a price of $17.18 as of 9:34 a.m. ET, the dividend yield is 1.3%.

The average volume for Chico's FAS has been 2.6 million shares per day over the past 30 days. Chico's FAS has a market cap of $2.8 billion and is part of the retail industry. Shares are down 7.6% year to date as of the close of trading on Tuesday.

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

Chico’s FAS, Inc., together with its subsidiaries, operates as a specialty retailer of private branded, casual-to-dressy clothing, intimates, complementary accessories, and other non-clothing items in the United States. The company has a P/E ratio of 16.40.

TheStreet Ratings rates Chico's FAS 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, reasonable valuation levels, solid stock price performance 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 Chico's FAS Ratings Report now.

Avago Technologies

Owners of Avago Technologies (NASDAQ: AVGO) shares as of market close today will be eligible for a dividend of 21 cents per share. At a price of $36.61 as of 9:36 a.m. ET, the dividend yield is 2.3%.

The average volume for Avago Technologies has been 2.6 million shares per day over the past 30 days. Avago Technologies has a market cap of $9.1 billion and is part of the electronics industry. Shares are up 16.4% year to date as of the close of trading on Tuesday.

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

Avago Technologies Limited engages in the design, development, and supply of analog semiconductor devices with a focus on III-V based products. The company has a P/E ratio of 16.97.

TheStreet Ratings rates Avago Technologies 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, expanding profit margins, increase in stock price during the past year, reasonable valuation levels and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Avago Technologies Ratings Report now.

UnitedHealth Group

Owners of UnitedHealth Group (NYSE: UNH) shares as of market close today will be eligible for a dividend of 28 cents per share. At a price of $64.23 as of 9:35 a.m. ET, the dividend yield is 1.8%.

The average volume for UnitedHealth Group has been 6.1 million shares per day over the past 30 days. UnitedHealth Group has a market cap of $65.0 billion and is part of the health services industry. Shares are up 17.9% year to date as of the close of trading on Tuesday.

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

UnitedHealth Group Incorporated operates as a diversified health and well-being company in the United States. The company has a P/E ratio of 12.41.

TheStreet Ratings rates UnitedHealth Group as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels, largely solid financial position with reasonable debt levels by most measures, increase in stock price during the past year and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full UnitedHealth Group 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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