5 Stocks Going Ex-Dividend Tomorrow: EMES, ATLS, KMT, ALK, HCN

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.

Tomorrow, Aug. 2, 2013, 17 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.2% to 9.9%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar.

Highlighted Stocks Going Ex-Dividend Tomorrow:

Emerge Energy Services

Owners of Emerge Energy Services (NYSE: EMES) shares as of market close today will be eligible for a dividend of 37 cents per share. At a price of $24.74 as of 9:35 a.m. ET, the dividend yield is 6%.

The average volume for Emerge Energy Services has been 316,800 shares per day over the past 30 days. Emerge Energy Services has a market cap of $568.4 million and is part of the energy industry. Shares are unchanged year to date as of the close of trading on Wednesday.

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

Atlas Energy

Owners of Atlas Energy (NYSE: ATLS) shares as of market close today will be eligible for a dividend of 44 cents per share. At a price of $53.48 as of 9:36 a.m. ET, the dividend yield is 3.4%.

The average volume for Atlas Energy has been 247,200 shares per day over the past 30 days. Atlas Energy has a market cap of $2.7 billion and is part of the utilities industry. Shares are up 51.9% year to date as of the close of trading on Wednesday.

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

Atlas Energy, L.P. engages in the development and production of natural gas, crude oil, and natural gas liquids in basins across the United States. It also sponsors and manages tax-advantaged natural gas and oil investment partnerships.

TheStreet Ratings rates Atlas Energy as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk, disappointing return on equity and weak operating cash flow. You can view the full Atlas Energy Ratings Report now.

Kennametal

Owners of Kennametal (NYSE: KMT) shares as of market close today will be eligible for a dividend of 18 cents per share. At a price of $44.19 as of 9:36 a.m. ET, the dividend yield is 1.7%.

The average volume for Kennametal has been 539,600 shares per day over the past 30 days. Kennametal has a market cap of $3.4 billion and is part of the industrial industry. Shares are up 8.3% year to date as of the close of trading on Wednesday.

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

Kennametal Inc. manufactures and supplies tooling, engineered components, and advanced materials consumed in production processes worldwide. The company has a P/E ratio of 16.93.

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

Alaska Air Group

Owners of Alaska Air Group (NYSE: ALK) shares as of market close today will be eligible for a dividend of 20 cents per share. At a price of $62.35 as of 9:36 a.m. ET, the dividend yield is 1.3%.

The average volume for Alaska Air Group has been 1.1 million shares per day over the past 30 days. Alaska Air Group has a market cap of $4.2 billion and is part of the transportation industry. Shares are up 42% year to date as of the close of trading on Wednesday.

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

Alaska Air Group, Inc., through its subsidiaries, provides scheduled air transportation for passengers and cargo. The company has a P/E ratio of 13.64.

TheStreet Ratings rates Alaska Air Group as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, revenue growth, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Alaska Air Group Ratings Report now.

Health Care REIT

Owners of Health Care REIT (NYSE: HCN) shares as of market close today will be eligible for a dividend of 77 cents per share. At a price of $64.65 as of 9:35 a.m. ET, the dividend yield is 4.7%.

The average volume for Health Care REIT has been 2.5 million shares per day over the past 30 days. Health Care REIT has a market cap of $18.7 billion and is part of the real estate industry. Shares are up 5.2% year to date as of the close of trading on Wednesday.

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

Health Care REIT, Inc. is an independent equity real estate investment trust. The firm engages in acquiring, planning, developing, managing, repositioning and monetizing of real estate assets. It primarily invests in the real estate markets of the United States. The company has a P/E ratio of 89.84.

TheStreet Ratings rates Health Care 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 compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity and poor profit margins. You can view the full Health Care REIT 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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