5 Stocks Going Ex-Dividend Tomorrow: SBR, CNSL, AUQ, MAA, PNC

Tomorrow, July 11, 2013, 30 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0% to 21.3%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar.

Highlighted Stocks Going Ex-Dividend Tomorrow:

Sabine Royalty

Owners of Sabine Royalty (NYSE: SBR) shares as of market close today will be eligible for a dividend of 30 cents per share. At a price of $51.31 as of 9:31 a.m. ET, the dividend yield is 7.1%.

The average volume for Sabine Royalty has been 17,400 shares per day over the past 30 days. Sabine Royalty has a market cap of $751.0 million and is part of the financial services industry. Shares are up 29.5% 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.

Sabine Royalty Trust holds royalty and mineral interests in various oil and gas properties in the United States. The company has a P/E ratio of 14.23.

TheStreet Ratings rates Sabine Royalty 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, increase in net income, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full Sabine Royalty Ratings Report now.

Consolidated Communications

Owners of Consolidated Communications (NASDAQ: CNSL) shares as of market close today will be eligible for a dividend of 39 cents per share. At a price of $18.26 as of 9:32 a.m. ET, the dividend yield is 8.6%.

The average volume for Consolidated Communications has been 198,400 shares per day over the past 30 days. Consolidated Communications has a market cap of $725.6 million and is part of the telecommunications industry. Shares are up 13.7% 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.

Consolidated Communications Holdings, Inc., together with its subsidiaries, provides telecommunications services to residential and business customers in Illinois, Texas, Pennsylvania, California, Kansas, and Missouri. The company has a P/E ratio of 69.58.

TheStreet Ratings rates Consolidated Communications as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, increase in net income and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk and disappointing return on equity. You can view the full Consolidated Communications Ratings Report now.

AuRico Gold

Owners of AuRico Gold (NYSE: AUQ) shares as of market close today will be eligible for a dividend of 4 cents per share. At a price of $4.55 as of 9:36 a.m. ET, the dividend yield is 3.6%.

The average volume for AuRico Gold has been 2.8 million shares per day over the past 30 days. AuRico Gold has a market cap of $1.1 billion and is part of the metals & mining industry. Shares are down 45.6% 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.

AuRico Gold Inc. engages in the exploration, development, and production of gold and silver projects and properties in Canada, Mexico, and Australia. Its principal property includes the Ocampo mine covering approximately 15,000 hectares located in Chihuahua State.

TheStreet Ratings rates AuRico Gold as a hold. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow, a generally disappointing performance in the stock itself and disappointing return on equity. You can view the full AuRico Gold Ratings Report now.

Mid-America Apartment Communities

Owners of Mid-America Apartment Communities (NYSE: MAA) shares as of market close today will be eligible for a dividend of 70 cents per share. At a price of $67.84 as of 9:35 a.m. ET, the dividend yield is 4.2%.

The average volume for Mid-America Apartment Communities has been 480,800 shares per day over the past 30 days. Mid-America Apartment Communities has a market cap of $2.8 billion and is part of the real estate industry. Shares are up 2.5% 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.

Mid-America Apartment Communities, Inc. is an independent real estate investment trust. The firm invests in the real estate markets of the United States. It is engaged in acquisition, redevelopment, new development, property management, and disposition of multifamily apartment communities. The company has a P/E ratio of 39.03.

TheStreet Ratings rates Mid-America Apartment Communities 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, good cash flow from operations and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Mid-America Apartment Communities Ratings Report now.

PNC Financial Services Group

Owners of PNC Financial Services Group (NYSE: PNC) shares as of market close today will be eligible for a dividend of 44 cents per share. At a price of $75.58 as of 9:35 a.m. ET, the dividend yield is 2.3%.

The average volume for PNC Financial Services Group has been 2.9 million shares per day over the past 30 days. PNC Financial Services Group has a market cap of $40.4 billion and is part of the banking industry. Shares are up 30.9% 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.

The PNC Financial Services Group, Inc. operates as a diversified financial services company in the United States and internationally. The company's Retail Banking segment provides deposit, lending, brokerage, investment management, and cash management services. The company has a P/E ratio of 13.59.

TheStreet Ratings rates PNC Financial Services Group as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, expanding profit margins, growth in earnings per share 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 PNC Financial Services 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.

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