5 Stocks Going Ex-Dividend Monday: NDRO, NAT, EV, EPD, MS

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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:

Enduro Royalty

Owners of Enduro Royalty (NYSE: NDRO) shares as of market close today will be eligible for a dividend of 13 cents per share. At a price of $15.07 as of 9:35 a.m. ET, the dividend yield is 10.6%.

The average volume for Enduro Royalty has been 37,200 shares per day over the past 30 days. Enduro Royalty has a market cap of $500.0 million and is part of the energy industry. Shares are down 10% 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.

Nordic American Tankers

Owners of Nordic American Tankers (NYSE: NAT) shares as of market close today will be eligible for a dividend of 16 cents per share. At a price of $10.13 as of 9:35 a.m. ET, the dividend yield is 6.2%.

The average volume for Nordic American Tankers has been 890,500 shares per day over the past 30 days. Nordic American Tankers has a market cap of $676.2 million and is part of the transportation industry. Shares are up 17.1% 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.

Nordic American Tankers Limited, a tanker company, engages in acquiring and chartering double-hull tankers. Its fleet consists of 20 double-hull Suezmax tankers. The company was founded in 1995 and is headquartered in Hamilton, Bermuda.

TheStreet Ratings rates Nordic American Tankers as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, poor profit margins, weak operating cash flow and generally disappointing historical performance in the stock itself. You can view the full Nordic American Tankers Ratings Report now.

Eaton Vance Corporation

Owners of Eaton Vance Corporation (NYSE: EV) shares as of market close today will be eligible for a dividend of 20 cents per share. At a price of $40.63 as of 9:34 a.m. ET, the dividend yield is 2%.

The average volume for Eaton Vance Corporation has been 712,800 shares per day over the past 30 days. Eaton Vance Corporation has a market cap of $4.9 billion and is part of the financial services industry. Shares are up 28.6% 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.

Eaton Vance Corp., through its subsidiaries, engages in the creation, marketing, and management of investment funds in the United States. It also provides investment management and counseling services to institutions and individuals. The company has a P/E ratio of 23.05.

TheStreet Ratings rates Eaton Vance Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, solid stock price performance, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Eaton Vance Corporation Ratings Report now.

Enterprise Products Partners

Owners of Enterprise Products Partners (NYSE: EPD) shares as of market close today will be eligible for a dividend of 68 cents per share. At a price of $63.08 as of 9:35 a.m. ET, the dividend yield is 4.3%.

The average volume for Enterprise Products Partners has been 1.3 million shares per day over the past 30 days. Enterprise Products Partners has a market cap of $58.0 billion and is part of the energy industry. Shares are up 25.8% 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.

Enterprise Products Partners L.P. provides midstream energy services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, refined products, and petrochemicals in the United States and internationally. The company has a P/E ratio of 22.65.

TheStreet Ratings rates Enterprise Products Partners as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, increase in net income, good cash flow from operations 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 Enterprise Products Partners Ratings Report now.

Morgan Stanley

Owners of Morgan Stanley (NYSE: MS) shares as of market close today will be eligible for a dividend of 5 cents per share. At a price of $27.67 as of 9:35 a.m. ET, the dividend yield is 0.7%.

The average volume for Morgan Stanley has been 18.5 million shares per day over the past 30 days. Morgan Stanley has a market cap of $54.4 billion and is part of the financial services industry. Shares are up 45.2% 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.

Morgan Stanley, a financial holding company, provides various financial products and services to corporations, governments, financial institutions, and individuals worldwide. The company has a P/E ratio of 39.06.

TheStreet Ratings rates Morgan Stanley as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income, solid stock price performance and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full Morgan Stanley 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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