5 Stocks Going Ex-Dividend Tomorrow: PBT, TWI, WTW, STWD, SPLS

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:

Permian Basin Royalty

Owners of Permian Basin Royalty (NYSE: PBT) shares as of market close today will be eligible for a dividend of 8 cents per share. At a price of $13.09 as of 9:31 a.m. ET, the dividend yield is 7.2%.

The average volume for Permian Basin Royalty has been 142,100 shares per day over the past 30 days. Permian Basin Royalty has a market cap of $612.9 million and is part of the energy industry. Shares are up 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.

Permian Basin Royalty Trust owns overriding royalty interests in various oil and gas properties in the United States. The company has a P/E ratio of 15.11.

TheStreet Ratings rates Permian Basin Royalty as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, expanding profit margins and notable return on equity. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and a generally disappointing performance in the stock itself. You can view the full Permian Basin Royalty Ratings Report now.

Titan International

Owners of Titan International (NYSE: TWI) shares as of market close today will be eligible for a dividend of 1 cents per share. At a price of $16.69 as of 9:35 a.m. ET, the dividend yield is 0.1%.

The average volume for Titan International has been 872,300 shares per day over the past 30 days. Titan International has a market cap of $899.2 million and is part of the consumer non-durables industry. Shares are down 25% 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.

Titan International, Inc., together with its subsidiaries, engages in the manufacture and sale of wheels, tires, and undercarriage systems and components for off-highway vehicles used in the agricultural, earthmoving/construction, and consumer markets in the United States and other countries. The company has a P/E ratio of 11.59.

TheStreet Ratings rates Titan International as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Titan International Ratings Report now.

Weight Watchers International

Owners of Weight Watchers International (NYSE: WTW) shares as of market close today will be eligible for a dividend of 18 cents per share. At a price of $44.19 as of 9:36 a.m. ET, the dividend yield is 1.6%.

The average volume for Weight Watchers International has been 549,100 shares per day over the past 30 days. Weight Watchers International has a market cap of $2.4 billion and is part of the diversified services industry. Shares are down 16.6% 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.

Weight Watchers International, Inc. provides weight management services in North America, the United Kingdom, Continental Europe, Australia, New Zealand, and internationally. It offers a range of products and services comprising nutritional, exercise, and behavioral tools and approaches. The company has a P/E ratio of 9.93.

TheStreet Ratings rates Weight Watchers International as a hold. The company's strengths can be seen in multiple areas, such as its expanding profit margins, good cash flow from operations and impressive record of earnings per share growth. However, as a counter to these strengths, we also find weaknesses including deteriorating net income and a generally disappointing performance in the stock itself. You can view the full Weight Watchers International Ratings Report now.

Starwood Property

Owners of Starwood Property (NYSE: STWD) shares as of market close today will be eligible for a dividend of 46 cents per share. At a price of $23.68 as of 9:36 a.m. ET, the dividend yield is 7.9%.

The average volume for Starwood Property has been 2.2 million shares per day over the past 30 days. Starwood Property has a market cap of $3.9 billion and is part of the real estate industry. Shares are up 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.

Starwood Property Trust, Inc. engages in originating, investing in, financing, and managing commercial mortgage loans, other commercial real estate debt investments, commercial mortgage-backed securities, and other commercial real estate-related debt investments. The company has a P/E ratio of 13.84.

TheStreet Ratings rates Starwood Property as a buy. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, revenue growth, 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 shows weak operating cash flow. You can view the full Starwood Property Ratings Report now.

Staples

Owners of Staples (NASDAQ: SPLS) shares as of market close today will be eligible for a dividend of 12 cents per share. At a price of $15.47 as of 9:36 a.m. ET, the dividend yield is 3.1%.

The average volume for Staples has been 8.9 million shares per day over the past 30 days. Staples has a market cap of $10.3 billion and is part of the specialty retail industry. Shares are up 35% 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.

Staples, Inc., together with its subsidiaries, operates as an office products company. It operates in three segments: North American Stores & Online, North American Commercial, and International Operations.

TheStreet Ratings rates Staples as a hold. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. 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 Staples 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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