4 Stocks Going Ex-Dividend Monday: PBT, HLSS, OHI, KMP

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:

Permian Basin Royalty

Owners of Permian Basin Royalty (NYSE: PBT) shares as of market close today will be eligible for a dividend of 7 cents per share. At a price of $13.45 as of 9:32 a.m. ET, the dividend yield is 6.4%.

The average volume for Permian Basin Royalty has been 121,300 shares per day over the past 30 days. Permian Basin Royalty has a market cap of $628.8 million and is part of the energy industry. Shares are up 9.9% 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.

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 15.51.

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.

Home Loan Servicing Solutions

Owners of Home Loan Servicing Solutions (NASDAQ: HLSS) shares as of market close today will be eligible for a dividend of 15 cents per share. At a price of $25.11 as of 9:36 a.m. ET, the dividend yield is 7.2%.

The average volume for Home Loan Servicing Solutions has been 740,900 shares per day over the past 30 days. Home Loan Servicing Solutions has a market cap of $1.8 billion and is part of the real estate industry. Shares are up 33.1% 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.

Home Loan Servicing Solutions, Ltd., through its subsidiaries, engages in the acquisition of mortgage servicing assets. Its mortgage servicing assets consists of servicing advances, mortgage servicing rights, rights to mortgage servicing rights, and other related assets. The company has a P/E ratio of 13.74.

TheStreet Ratings rates Home Loan Servicing Solutions as a sell. The area that we feel has been the company's primary weakness has been its disappointing return on equity. You can view the full Home Loan Servicing Solutions Ratings Report now.

Omega Healthcare Investors

Owners of Omega Healthcare Investors (NYSE: OHI) shares as of market close today will be eligible for a dividend of 47 cents per share. At a price of $33.04 as of 9:36 a.m. ET, the dividend yield is 5.7%.

The average volume for Omega Healthcare Investors has been 1.6 million shares per day over the past 30 days. Omega Healthcare Investors has a market cap of $3.8 billion and is part of the real estate industry. Shares are up 39.5% 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.

Omega Healthcare Investors, Inc. operates as a real estate investment trust (REIT) in the United States. The company invests in healthcare facilities, principally long-term healthcare facilities in the United States. The company has a P/E ratio of 27.19.

TheStreet Ratings rates Omega Healthcare Investors as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and expanding profit margins. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full Omega Healthcare Investors Ratings Report now.

Kinder Morgan Energy Partners

At a price of $85.44 as of 9:35 a.m. ET, the dividend yield is 6.2%.

The average volume for Kinder Morgan Energy Partners has been 1.4 million shares per day over the past 30 days. Kinder Morgan Energy Partners has a market cap of $26.3 billion and is part of the energy industry. Shares are up 6.8% 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.

Kinder Morgan Energy Partners, L.P. operates as a pipeline transportation and energy storage company in North America. The company has a P/E ratio of 39.92.

TheStreet Ratings rates Kinder Morgan Energy Partners as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth, compelling growth in net income and expanding profit margins. 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 Kinder Morgan Energy Partners 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.
null