5 Stocks Going Ex-Dividend Tomorrow: AT, DRH, NFG, AXLL, KRFT

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:

Atlantic Power Corporation

Owners of Atlantic Power Corporation (NYSE: AT) shares as of market close today will be eligible for a dividend of 3 cents per share. At a price of $4.22 as of 9:36 a.m. ET, the dividend yield is 9.2%.

The average volume for Atlantic Power Corporation has been 1.2 million shares per day over the past 30 days. Atlantic Power Corporation has a market cap of $515.2 million and is part of the utilities industry. Shares are down 63.3% 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.

Atlantic Power Corporation operates as a power generation and infrastructure company with a portfolio of assets in the United States and Canada.

TheStreet Ratings rates Atlantic Power Corporation as a sell. The company's weaknesses can be seen in multiple areas, such as its generally high debt management risk, disappointing return on equity and generally disappointing historical performance in the stock itself. You can view the full Atlantic Power Corporation Ratings Report now.

Diamondrock Hospitality Company

Owners of Diamondrock Hospitality Company (NYSE: DRH) shares as of market close today will be eligible for a dividend of 9 cents per share. At a price of $8.96 as of 9:35 a.m. ET, the dividend yield is 3.8%.

The average volume for Diamondrock Hospitality Company has been 1.8 million shares per day over the past 30 days. Diamondrock Hospitality Company has a market cap of $1.7 billion and is part of the real estate industry. Shares are down 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.

DiamondRock Hospitality Company, a lodging focused real estate company, owns premium hotels and resorts in North America.

TheStreet Ratings rates Diamondrock Hospitality Company as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations and growth in earnings per share. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. You can view the full Diamondrock Hospitality Company Ratings Report now.

National Fuel Gas Company

Owners of National Fuel Gas Company (NYSE: NFG) shares as of market close today will be eligible for a dividend of 38 cents per share. At a price of $58.74 as of 9:35 a.m. ET, the dividend yield is 2.6%.

The average volume for National Fuel Gas Company has been 432,300 shares per day over the past 30 days. National Fuel Gas Company has a market cap of $4.9 billion and is part of the energy industry. Shares are up 15.3% 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.

National Fuel Gas Company operates as a diversified energy company in the United States. The company has a P/E ratio of 20.07.

TheStreet Ratings rates National Fuel Gas Company as a buy. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, revenue growth, solid stock price performance, expanding profit margins 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 National Fuel Gas Company Ratings Report now.

Axiall

Owners of Axiall (NYSE: AXLL) shares as of market close today will be eligible for a dividend of 8 cents per share. At a price of $42.15 as of 9:36 a.m. ET, the dividend yield is 0.7%.

The average volume for Axiall has been 1.7 million shares per day over the past 30 days. Axiall has a market cap of $3.0 billion and is part of the chemicals industry. Shares are down 0.6% 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.

Axiall Corporation operates as an integrated chemicals and building products company in North America and Asia. The company has a P/E ratio of 18.13.

TheStreet Ratings rates Axiall as a hold. 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 and reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, disappointing return on equity and poor profit margins. You can view the full Axiall Ratings Report now.

Kraft Foods Group

Owners of Kraft Foods Group (NASDAQ: KRFT) shares as of market close today will be eligible for a dividend of 50 cents per share. At a price of $54.52 as of 9:36 a.m. ET, the dividend yield is 3.7%.

The average volume for Kraft Foods Group has been 3.3 million shares per day over the past 30 days. Kraft Foods Group has a market cap of $31.8 billion and is part of the food & beverage industry. Shares are up 18.4% 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 company has a P/E ratio of 19.87.

You can view the full Kraft Foods 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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