5 Stocks Going Ex-Dividend Monday: AMID, NRGM, ACMP, EEP, STX

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, Aug. 5, 2013, 26 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 1.1% to 18.6%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar.

Highlighted Stocks Going Ex-Dividend Monday:

American Midstream Partners

Owners of American Midstream Partners (NYSE: AMID) shares as of market close today will be eligible for a dividend of 43 cents per share. At a price of $21.13 as of 9:29 a.m. ET, the dividend yield is 8.2%.

The average volume for American Midstream Partners has been 26,300 shares per day over the past 30 days. American Midstream Partners has a market cap of $98.4 million and is part of the utilities industry. Shares are up 54.3% 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.

American Midstream Partners, LP engages in gathering, treating, processing, and transporting natural gas in the Gulf Coast and Southeast regions of the United States.

TheStreet Ratings rates American Midstream Partners as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, generally high debt management risk, disappointing return on equity, poor profit margins and weak operating cash flow. You can view the full American Midstream Partners Ratings Report now.

Inergy Midstream

Owners of Inergy Midstream (NYSE: NRGM) shares as of market close today will be eligible for a dividend of 40 cents per share. At a price of $24.50 as of 9:38 a.m. ET, the dividend yield is 6.6%.

The average volume for Inergy Midstream has been 240,800 shares per day over the past 30 days. Inergy Midstream has a market cap of $2.1 billion and is part of the energy industry. Shares are up 10.2% 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.

Inergy Midstream, L.P. engages in acquiring, owning, developing, and operating midstream energy assets. The company primarily involves in the storage and transportation of natural gas and natural gas liquids in northeast region of the United States. The company has a P/E ratio of 53.93.

TheStreet Ratings rates Inergy Midstream as a sell. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share and deteriorating net income. You can view the full Inergy Midstream Ratings Report now.

Access Midstream Partners

Owners of Access Midstream Partners (NYSE: ACMP) shares as of market close today will be eligible for a dividend of 49 cents per share. At a price of $47.73 as of 9:38 a.m. ET, the dividend yield is 4.1%.

The average volume for Access Midstream Partners has been 342,000 shares per day over the past 30 days. Access Midstream Partners has a market cap of $5.1 billion and is part of the energy industry. Shares are up 40% 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.

Access Midstream Partners, L.P. owns, operates, develops, and acquires natural gas, natural gas liquids and oil gathering systems, and other midstream energy assets in the United States. It focuses on natural gas and natural gas liquids gathering operations. The company has a P/E ratio of 62.63.

TheStreet Ratings rates Access Midstream Partners as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, increase in net income, good cash flow from operations, expanding profit margins 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 Access Midstream Partners Ratings Report now.

Enbridge Energy Partners

Owners of Enbridge Energy Partners (NYSE: EEP) shares as of market close today will be eligible for a dividend of 54 cents per share. At a price of $31.36 as of 9:37 a.m. ET, the dividend yield is 6.9%.

The average volume for Enbridge Energy Partners has been 938,000 shares per day over the past 30 days. Enbridge Energy Partners has a market cap of $8.0 billion and is part of the energy industry. Shares are up 13.3% 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.

Enbridge Energy Partners, L.P. owns and operates crude oil and liquid petroleum transportation and storage assets; and natural gas gathering, treating, processing, transportation, and marketing assets in the United States. The company has a P/E ratio of 24.51.

TheStreet Ratings rates Enbridge Energy Partners as a buy. Among the primary strengths of the company is its solid stock performance, considering both the consistency and magnitude of the price movement over time. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. You can view the full Enbridge Energy Partners Ratings Report now.

Seagate Technology

Owners of Seagate Technology (NASDAQ: STX) shares as of market close today will be eligible for a dividend of 38 cents per share. At a price of $41.28 as of 9:36 a.m. ET, the dividend yield is 3.7%.

The average volume for Seagate Technology has been 4.5 million shares per day over the past 30 days. Seagate Technology has a market cap of $14.7 billion and is part of the computer hardware industry. Shares are up 34.5% 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.

Seagate Technology Public Limited Company designs, manufactures, markets, and sells hard disk drives for enterprise storage, client compute, and client non-compute market applications worldwide. The company has a P/E ratio of 7.70.

TheStreet Ratings rates Seagate Technology as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, 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 has had sub par growth in net income. You can view the full Seagate Technology 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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