5 Stocks Going Ex-Dividend Monday: FULL, AT, LNT, NI, TXN

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Monday, July 29, 2013, 31 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.7% to 11.5%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar.

Highlighted Stocks Going Ex-Dividend Monday:

Full Circle Capital Corp BDC

Owners of Full Circle Capital Corp BDC (NASDAQ: FULL) shares as of market close today will be eligible for a dividend of 8 cents per share. At a price of $8.00 as of 9:30 a.m. ET, the dividend yield is 11.5%.

The average volume for Full Circle Capital Corp BDC has been 63,600 shares per day over the past 30 days. Full Circle Capital Corp BDC has a market cap of $60.9 million and is part of the financial services industry. Shares are up 8.2% year to date as of the close of trading on Thursday.

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

Full Circle Capital Corporation is a business development company and operates as an externally managed non-diversified closed-end management investment company. The company has a P/E ratio of 47.29.

TheStreet Ratings rates Full Circle Capital Corp BDC as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Full Circle Capital Corp BDC Ratings Report now.

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 $4.43 as of 9:36 a.m. ET, the dividend yield is 8.8%.

The average volume for Atlantic Power Corporation has been 968,400 shares per day over the past 30 days. Atlantic Power Corporation has a market cap of $521.2 million and is part of the utilities industry. Shares are down 61.2% year to date as of the close of trading on Thursday.

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

Alliant Energy Corporation

Owners of Alliant Energy Corporation (NYSE: LNT) shares as of market close today will be eligible for a dividend of 47 cents per share. At a price of $53.26 as of 9:33 a.m. ET, the dividend yield is 3.5%.

The average volume for Alliant Energy Corporation has been 429,500 shares per day over the past 30 days. Alliant Energy Corporation has a market cap of $5.9 billion and is part of the utilities industry. Shares are up 21.9% year to date as of the close of trading on Thursday.

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

Alliant Energy Corporation, a utility holding company, provides regulated electricity and natural gas services to residential, commercial, and industrial customers in the Midwest region of the United States. The company has a P/E ratio of 16.47.

TheStreet Ratings rates Alliant Energy Corporation 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, notable return on equity and increase in stock price during the past year. 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 Alliant Energy Corporation Ratings Report now.

NiSource

Owners of NiSource (NYSE: NI) shares as of market close today will be eligible for a dividend of 25 cents per share. At a price of $31.37 as of 9:35 a.m. ET, the dividend yield is 3.3%.

The average volume for NiSource has been 2.0 million shares per day over the past 30 days. NiSource has a market cap of $9.5 billion and is part of the utilities industry. Shares are up 26.3% year to date as of the close of trading on Thursday.

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

NiSource Inc., an energy holding company, through its subsidiaries, provides natural gas, electricity, and other products and services. It operates in three segments: Gas Distribution Operations, Gas Transmission and Storage Operations, and Electric Operations. The company has a P/E ratio of 21.85.

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

Texas Instruments

Owners of Texas Instruments (NASDAQ: TXN) shares as of market close today will be eligible for a dividend of 28 cents per share. At a price of $38.88 as of 9:35 a.m. ET, the dividend yield is 2.9%.

The average volume for Texas Instruments has been 8.2 million shares per day over the past 30 days. Texas Instruments has a market cap of $43.1 billion and is part of the electronics industry. Shares are up 26% year to date as of the close of trading on Thursday.

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

Texas Instruments Incorporated engages in the design, manufacture, sale of semiconductors to electronics designers and manufacturers worldwide. The company operates in four segments: Analog, Embedded Processing, Wireless, and Other. The company has a P/E ratio of 24.18.

TheStreet Ratings rates Texas Instruments as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income, notable return on equity, largely solid financial position with reasonable debt levels by most measures 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 Texas Instruments 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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