3 Stocks Going Ex-Dividend Tomorrow: SFL, FRT, TOT

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 19, 2013, 7 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.3% to 9.2%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar.

Highlighted Stocks Going Ex-Dividend Tomorrow:

Ship Finance International

Owners of Ship Finance International (NYSE: SFL) shares as of market close today will be eligible for a dividend of 39 cents per share. At a price of $16.40 as of 9:36 a.m. ET, the dividend yield is 9.2%.

The average volume for Ship Finance International has been 533,700 shares per day over the past 30 days. Ship Finance International has a market cap of $1.4 billion and is part of the transportation industry. Shares are up 4.1% 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.

Ship Finance International Limited, through its subsidiaries, engages in the ownership and operation of vessels and offshore related assets in Bermuda, Cyprus, Malta, Liberia, Norway, Singapore, the United Kingdom, and the Marshall Islands. The company has a P/E ratio of 7.65.

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

Federal Realty Investment

Owners of Federal Realty Investment (NYSE: FRT) shares as of market close today will be eligible for a dividend of 73 cents per share. At a price of $105.20 as of 9:35 a.m. ET, the dividend yield is 2.8%.

The average volume for Federal Realty Investment has been 355,500 shares per day over the past 30 days. Federal Realty Investment has a market cap of $6.9 billion and is part of the real estate industry. Shares are up 1.2% 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.

Federal Realty Investment Trust operates as a real estate investment trust, which engages in the ownership, management, development, and redevelopment of retail and mixed-use properties. The company has a P/E ratio of 47.66.

TheStreet Ratings rates Federal Realty Investment 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 and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Federal Realty Investment Ratings Report now.

Total

Owners of Total (NYSE: TOT) shares as of market close today will be eligible for a dividend of 65 cents per share. At a price of $51.06 as of 9:35 a.m. ET, the dividend yield is 5.1%.

The average volume for Total has been 1.5 million shares per day over the past 30 days. Total has a market cap of $113.1 billion and is part of the energy industry. Shares are down 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.

TOTAL S.A., together with its subsidiaries, operates as a oil and gas company worldwide. The company operates in three segments: Upstream, Refining and Chemicals, and Marketing and Services. The company has a P/E ratio of 7.16.

TheStreet Ratings rates Total as a buy. The company's strengths can be seen in multiple areas, such as its attractive valuation levels and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Total 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.
null

If you liked this article you might like

What's Hot and What's Not: Cramer's 'Mad Money' Recap (Thursday 10/12/17)

What's Hot and What's Not: Cramer's 'Mad Money' Recap (Thursday 10/12/17)

Seadrill Secures New Cash as Part of Chapter 11 Filing

Seadrill Secures New Cash as Part of Chapter 11 Filing

One Reason Why Ship Finance (SFL) Stock Is Continuing to Slump Today

One Reason Why Ship Finance (SFL) Stock Is Continuing to Slump Today

3 Hold-Rated Dividend Stocks: SFL, MPLX, CF

3 Hold-Rated Dividend Stocks: SFL, MPLX, CF

'Mad Money' Lightning Round: Take Allergan Over Teva

'Mad Money' Lightning Round: Take Allergan Over Teva