5 Stocks Going Ex-Dividend Tomorrow: WSR, AFSI, CIM, RSG, CAH

Tomorrow, June 27, 2013, 30 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.2% to 20.9%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar.

Highlighted Stocks Going Ex-Dividend Tomorrow:

Whitestone REIT

Owners of Whitestone REIT (NYSE: WSR) shares as of market close today will be eligible for a dividend of 10 cents per share. At a price of $15.55 as of 9:36 a.m. ET, the dividend yield is 7.5%.

The average volume for Whitestone REIT has been 97,300 shares per day over the past 30 days. Whitestone REIT has a market cap of $260.7 million and is part of the real estate industry. Shares are up 10.1% year to date as of the close of trading on Tuesday.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

No company description available.

TheStreet Ratings rates Whitestone REIT 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 increase in net income. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, poor profit margins and feeble growth in the company's earnings per share. You can view the full Whitestone REIT Ratings Report now.

AmTrust Financial Services

Owners of AmTrust Financial Services (NASDAQ: AFSI) shares as of market close today will be eligible for a dividend of 14 cents per share. At a price of $34.74 as of 9:35 a.m. ET, the dividend yield is 1.7%.

The average volume for AmTrust Financial Services has been 458,600 shares per day over the past 30 days. AmTrust Financial Services has a market cap of $2.3 billion and is part of the insurance industry. Shares are up 19.6% year to date as of the close of trading on Tuesday.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

AmTrust Financial Services, Inc., through its subsidiaries, underwrites and provides property and casualty insurance in the United States and internationally. The company has a P/E ratio of 11.66.

TheStreet Ratings rates AmTrust Financial Services as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations, compelling growth in net income, notable return on equity and solid stock price performance. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full AmTrust Financial Services Ratings Report now.

Chimera Investment Corporation

Owners of Chimera Investment Corporation (NYSE: CIM) shares as of market close today will be eligible for a dividend of 9 cents per share. At a price of $2.99 as of 9:36 a.m. ET, the dividend yield is 12.4%.

The average volume for Chimera Investment Corporation has been 8.4 million shares per day over the past 30 days. Chimera Investment Corporation has a market cap of $3.0 billion and is part of the real estate industry. Shares are up 11.1% year to date as of the close of trading on Tuesday.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

Chimera Investment Corporation operates as a real estate investment trust (REIT) in the United States. The company has a P/E ratio of 22.31.

TheStreet Ratings rates Chimera Investment Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels, good cash flow from operations, expanding profit margins 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 Chimera Investment Corporation Ratings Report now.

Republic Services

Owners of Republic Services (NYSE: RSG) shares as of market close today will be eligible for a dividend of 24 cents per share. At a price of $33.88 as of 9:35 a.m. ET, the dividend yield is 2.9%.

The average volume for Republic Services has been 1.6 million shares per day over the past 30 days. Republic Services has a market cap of $11.9 billion and is part of the materials & construction industry. Shares are up 14.1% year to date as of the close of trading on Tuesday.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

Republic Services, Inc., together with its subsidiaries, provides non-hazardous solid waste collection, transfer, and recycling and disposal services for commercial, industrial, municipal, and residential customers in the United States and Puerto Rico. The company has a P/E ratio of 21.69.

TheStreet Ratings rates Republic Services as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, reasonable valuation levels, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full Republic Services Ratings Report now.

Cardinal Health

Owners of Cardinal Health (NYSE: CAH) shares as of market close today will be eligible for a dividend of 30 cents per share. At a price of $47.08 as of 9:35 a.m. ET, the dividend yield is 2.6%.

The average volume for Cardinal Health has been 3.1 million shares per day over the past 30 days. Cardinal Health has a market cap of $15.9 billion and is part of the wholesale industry. Shares are up 13.1% year to date as of the close of trading on Tuesday.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

Cardinal Health, Inc., a healthcare services company, provides pharmaceutical and medical products and services in the United States and internationally. The company operates in two segments, Pharmaceutical and Medical. The company has a P/E ratio of 13.90.

TheStreet Ratings rates Cardinal Health as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, increase in net income, notable return on equity, good cash flow from operations and increase in stock price during the past year. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Cardinal Health 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.

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