4 Stocks Going Ex-Dividend Tomorrow: WHF, INT, AAP, CB

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:

WhiteHorse Finance

Owners of WhiteHorse Finance (NASDAQ: WHF) shares as of market close today will be eligible for a dividend of 36 cents per share. At a price of $15.74 as of 9:29 a.m. ET, the dividend yield is 9.1%.

The average volume for WhiteHorse Finance has been 54,400 shares per day over the past 30 days. WhiteHorse Finance has a market cap of $232.4 million and is part of the financial services industry. Shares are up 4.9% 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.

You can view the full WhiteHorse Finance Ratings Report now.

World Fuel Services Corporation

Owners of World Fuel Services Corporation (NYSE: INT) shares as of market close today will be eligible for a dividend of 4 cents per share. At a price of $40.06 as of 9:33 a.m. ET, the dividend yield is 0.4%.

The average volume for World Fuel Services Corporation has been 282,800 shares per day over the past 30 days. World Fuel Services Corporation has a market cap of $2.9 billion and is part of the energy industry. Shares are down 3.1% 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.

World Fuel Services Corporation, a fuel logistics company, engages in marketing, selling, and distributing aviation, marine, and land fuel products and related services worldwide. The company operates in three segments: Aviation, Marine, and Land. The company has a P/E ratio of 14.83.

TheStreet Ratings rates World Fuel Services Corporation 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, attractive valuation levels, good cash flow from operations and increase in net income. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full World Fuel Services Corporation Ratings Report now.

Advance Auto Parts

Owners of Advance Auto Parts (NYSE: AAP) shares as of market close today will be eligible for a dividend of 6 cents per share. At a price of $82.48 as of 9:36 a.m. ET, the dividend yield is 0.3%.

The average volume for Advance Auto Parts has been 744,300 shares per day over the past 30 days. Advance Auto Parts has a market cap of $6.0 billion and is part of the retail industry. Shares are up 14% 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.

Advance Auto Parts, Inc., through its subsidiaries, operates as a specialty retailer of automotive aftermarket parts, accessories, batteries, and maintenance items. It operates in two segments, Advance Auto Parts (AAP), and Autopart International (AI). The company has a P/E ratio of 16.24.

TheStreet Ratings rates Advance Auto Parts as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels, 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 sub par growth in net income. You can view the full Advance Auto Parts Ratings Report now.

Chubb

Owners of Chubb (NYSE: CB) shares as of market close today will be eligible for a dividend of 44 cents per share. At a price of $87.57 as of 9:35 a.m. ET, the dividend yield is 2%.

The average volume for Chubb has been 965,700 shares per day over the past 30 days. Chubb has a market cap of $22.4 billion and is part of the insurance industry. Shares are up 16.1% 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.

The Chubb Corporation, through its subsidiaries, provides property and casualty insurance to businesses and individuals. The company has a P/E ratio of 13.61.

TheStreet Ratings rates Chubb 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, increase in net income, attractive valuation levels and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Chubb 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

3 Hold-Rated Dividend Stocks: FSFR, WHF, EFC

3 Hold-Rated Dividend Stocks: FSFR, WHF, EFC

3 Hold-Rated Dividend Stocks: GSBD, WHF, RRMS

3 Hold-Rated Dividend Stocks: GSBD, WHF, RRMS

Ex-Dividend Alert: 3 Stocks Going Ex-Dividend Tomorrow: WHF, AFT, MAIN

Ex-Dividend Alert: 3 Stocks Going Ex-Dividend Tomorrow: WHF, AFT, MAIN

What To Hold: 3 Hold-Rated Dividend Stocks WHF, TSLX, PNNT

What To Hold: 3 Hold-Rated Dividend Stocks WHF, TSLX, PNNT

3 Hold-Rated Dividend Stocks: NSH, WHF, RWT

3 Hold-Rated Dividend Stocks: NSH, WHF, RWT