4 Stocks Going Ex-Dividend Tomorrow: NEU, SEIC, DTE, TMO

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:

NewMarket Corporation

Owners of NewMarket Corporation (NYSE: NEU) shares as of market close today will be eligible for a dividend of 90 cents per share. At a price of $280.99 as of 9:35 a.m. ET, the dividend yield is 1.3%.

The average volume for NewMarket Corporation has been 42,200 shares per day over the past 30 days. NewMarket Corporation has a market cap of $3.7 billion and is part of the chemicals industry. Shares are up 5.8% 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.

NewMarket Corporation, through its subsidiaries, engages in the petroleum additives and real estate development businesses. It operates in two segments, Petroleum Additives and Real Estate Development. The company has a P/E ratio of 15.59.

TheStreet Ratings rates NewMarket Corporation as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, notable return on equity, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full NewMarket Corporation Ratings Report now.

SEI Investments Company

Owners of SEI Investments Company (NASDAQ: SEIC) shares as of market close today will be eligible for a dividend of 20 cents per share. At a price of $29.52 as of 9:35 a.m. ET, the dividend yield is 1.3%.

The average volume for SEI Investments Company has been 748,700 shares per day over the past 30 days. SEI Investments Company has a market cap of $5.2 billion and is part of the financial services industry. Shares are up 28.4% 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.

SEI Investments Co. is a publicly owned investment manager. The firm provides wealth management and investment advisory services to its clients through its subsidiaries. The company has a P/E ratio of 22.88.

TheStreet Ratings rates SEI Investments Company as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, impressive record of earnings per share growth, compelling growth in net income and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full SEI Investments Company Ratings Report now.

DTE Energy Holding Company

Owners of DTE Energy Holding Company (NYSE: DTE) shares as of market close today will be eligible for a dividend of 66 cents per share. At a price of $67.45 as of 9:35 a.m. ET, the dividend yield is 3.9%.

The average volume for DTE Energy Holding Company has been 1.1 million shares per day over the past 30 days. DTE Energy Holding Company has a market cap of $11.7 billion and is part of the utilities industry. Shares are up 11.6% 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.

DTE Energy Company, together with its subsidiaries, operates as an energy company. The company's Electric segment engages in the generation, purchase, distribution, and sale of electricity to approximately 2.1 million residential, commercial, and industrial customers in southeastern Michigan. The company has a P/E ratio of 15.57.

TheStreet Ratings rates DTE Energy Holding Company as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income, attractive valuation levels, notable return on equity and increase in stock price during the past year. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full DTE Energy Holding Company Ratings Report now.

Thermo Fisher Scientific

Owners of Thermo Fisher Scientific (NYSE: TMO) shares as of market close today will be eligible for a dividend of 15 cents per share. At a price of $85.54 as of 9:36 a.m. ET, the dividend yield is 0.7%.

The average volume for Thermo Fisher Scientific has been 3.0 million shares per day over the past 30 days. Thermo Fisher Scientific has a market cap of $30.8 billion and is part of the health services industry. Shares are up 33.9% 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.

Thermo Fisher Scientific Inc. provides analytical instruments, equipment, reagents and consumables, software, and services for research, manufacture, analysis, discovery, and diagnostics. The company has a P/E ratio of 23.77.

TheStreet Ratings rates Thermo Fisher Scientific as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, increase in net income, revenue growth 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 Thermo Fisher Scientific 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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