5 Stocks Going Ex-Dividend Tomorrow: ARI, RLJ, XRAY, XRX, DOW

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 26, 2013, 94 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.1% to 17.9%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar.

Highlighted Stocks Going Ex-Dividend Tomorrow:

Apollo Commercial Real Estate Finance

Owners of Apollo Commercial Real Estate Finance (NYSE: ARI) shares as of market close today will be eligible for a dividend of 40 cents per share. At a price of $16.07 as of 9:36 a.m. ET, the dividend yield is 9.9%.

The average volume for Apollo Commercial Real Estate Finance has been 425,000 shares per day over the past 30 days. Apollo Commercial Real Estate Finance has a market cap of $598.2 million and is part of the real estate industry. Shares are down 1.6% 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.

Apollo Commercial Real Estate Finance, Inc. operates as a commercial real estate finance company in the United States. The company has a P/E ratio of 10.53.

TheStreet Ratings rates Apollo Commercial Real Estate Finance as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, good cash flow from operations and compelling growth 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 Apollo Commercial Real Estate Finance Ratings Report now.

RLJ Lodging

Owners of RLJ Lodging (NYSE: RLJ) shares as of market close today will be eligible for a dividend of 21 cents per share. At a price of $22.03 as of 9:36 a.m. ET, the dividend yield is 3.7%.

The average volume for RLJ Lodging has been 785,700 shares per day over the past 30 days. RLJ Lodging has a market cap of $2.7 billion and is part of the real estate industry. Shares are up 12.9% 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.

RLJ Lodging Trust is an independent equity real estate investment trust. The firm also manages real estate funds. It invests in the real estate markets of the United States. The firm primarily invests in premium-branded, focused service, and compact full-service hotels. The company has a P/E ratio of 42.54.

TheStreet Ratings rates RLJ Lodging as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and reasonable valuation levels. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full RLJ Lodging Ratings Report now.

DENTSPLY International

Owners of DENTSPLY International (NASDAQ: XRAY) shares as of market close today will be eligible for a dividend of 6 cents per share. At a price of $40.40 as of 9:35 a.m. ET, the dividend yield is 0.6%.

The average volume for DENTSPLY International has been 784,200 shares per day over the past 30 days. DENTSPLY International has a market cap of $5.9 billion and is part of the health services industry. Shares are up 1.9% 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.

DENTSPLY International Inc. designs, develops, manufactures, and markets a range of consumable dental products for the professional dental market worldwide. The company has a P/E ratio of 17.77.

TheStreet Ratings rates DENTSPLY International as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, compelling growth in net income, reasonable valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. You can view the full DENTSPLY International Ratings Report now.

Xerox Corporation

Owners of Xerox Corporation (NYSE: XRX) shares as of market close today will be eligible for a dividend of 6 cents per share. At a price of $9.06 as of 9:35 a.m. ET, the dividend yield is 2.5%.

The average volume for Xerox Corporation has been 9.0 million shares per day over the past 30 days. Xerox Corporation has a market cap of $11.4 billion and is part of the computer software & services industry. Shares are up 31.2% 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.

Xerox Corporation provides business process and document management services worldwide. The company has a P/E ratio of 10.09.

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

Dow Chemical

Owners of Dow Chemical (NYSE: DOW) shares as of market close today will be eligible for a dividend of 32 cents per share. At a price of $32.56 as of 9:35 a.m. ET, the dividend yield is 3.9%.

The average volume for Dow Chemical has been 7.6 million shares per day over the past 30 days. Dow Chemical has a market cap of $39.5 billion and is part of the chemicals industry. Shares are up 0.1% 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 Dow Chemical Company manufactures and supplies chemical products for use as raw materials worldwide. The company has a P/E ratio of 39.79.

TheStreet Ratings rates Dow Chemical as a buy. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, growth in earnings per share, largely solid financial position with reasonable debt levels by most measures and increase in net income. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full Dow Chemical 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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