5 Stocks Going Ex-Dividend Monday: MCEP, RNF, APL, MMP, INTC

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:

Mid-Con Energy Partners

Owners of Mid-Con Energy Partners (NASDAQ: MCEP) shares as of market close today will be eligible for a dividend of 52 cents per share. At a price of $24.56 as of 9:35 a.m. ET, the dividend yield is 8.3%.

The average volume for Mid-Con Energy Partners has been 69,800 shares per day over the past 30 days. Mid-Con Energy Partners has a market cap of $478.6 million and is part of the energy 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.

Mid-Con Energy Partners, LP engages in the acquisition, exploitation, development, and production of oil and natural gas properties in North America. The company has a P/E ratio of 14.30.

TheStreet Ratings rates Mid-Con Energy Partners as a hold. The company's strengths can be seen in multiple areas, such as its notable return on equity, robust revenue growth and impressive record of earnings per share growth. However, as a counter to these strengths, we find that the company has favored debt over equity in the management of its balance sheet. You can view the full Mid-Con Energy Partners Ratings Report now.

Rentech Nitrogen Partners

Owners of Rentech Nitrogen Partners (NYSE: RNF) shares as of market close today will be eligible for a dividend of 85 cents per share. At a price of $32.50 as of 9:37 a.m. ET, the dividend yield is 10.6%.

The average volume for Rentech Nitrogen Partners has been 186,800 shares per day over the past 30 days. Rentech Nitrogen Partners has a market cap of $1.2 billion and is part of the chemicals industry. Shares are down 13.4% 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.

Rentech Nitrogen Partners, L.P. engages in the manufacture and sale of nitrogen fertilizer products for use in the United States. The company operates in two segments, East Dubuque and Pasadena. The company has a P/E ratio of 12.06.

TheStreet Ratings rates Rentech Nitrogen Partners as a sell. The company's weaknesses can be seen in multiple areas, such as its unimpressive growth in net income, generally high debt management risk, weak operating cash flow and feeble growth in its earnings per share. You can view the full Rentech Nitrogen Partners Ratings Report now.

Atlas Pipeline Partners

Owners of Atlas Pipeline Partners (NYSE: APL) shares as of market close today will be eligible for a dividend of 62 cents per share. At a price of $38.43 as of 9:35 a.m. ET, the dividend yield is 6.5%.

The average volume for Atlas Pipeline Partners has been 544,100 shares per day over the past 30 days. Atlas Pipeline Partners has a market cap of $2.9 billion and is part of the energy industry. Shares are up 20.1% 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.

Atlas Pipeline Partners, L.P. operates in the gathering and processing segments of the midstream natural gas industry. The company operates in two segments, Gathering and Processing; and Transportation, Treating, and Other. The company has a P/E ratio of 92.44.

TheStreet Ratings rates Atlas Pipeline Partners as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Atlas Pipeline Partners Ratings Report now.

Magellan Midstream Partners L.P

Owners of Magellan Midstream Partners L.P (NYSE: MMP) shares as of market close today will be eligible for a dividend of 53 cents per share. At a price of $56.34 as of 9:36 a.m. ET, the dividend yield is 3.9%.

The average volume for Magellan Midstream Partners L.P has been 617,600 shares per day over the past 30 days. Magellan Midstream Partners L.P has a market cap of $12.4 billion and is part of the energy industry. Shares are up 26.6% 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.

Magellan Midstream Partners, L.P. engages in the transportation, storage, and distribution of petroleum products in the United States. The company has a P/E ratio of 27.20.

TheStreet Ratings rates Magellan Midstream Partners L.P as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, increase in net income, expanding profit margins, good cash flow from operations and solid stock price performance. 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 Magellan Midstream Partners L.P Ratings Report now.

Intel

Owners of Intel (NASDAQ: INTC) shares as of market close today will be eligible for a dividend of 23 cents per share. At a price of $23.13 as of 9:37 a.m. ET, the dividend yield is 3.9%.

The average volume for Intel has been 41.4 million shares per day over the past 30 days. Intel has a market cap of $116.3 billion and is part of the electronics industry. Shares are up 13.2% 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.

Intel Corporation designs, manufactures, and sells integrated digital technology platforms worldwide. The company operates through PC Client Group, Data Center Group, Other Intel Architecture, Software and Services, and All Other segments. The company has a P/E ratio of 12.61.

TheStreet Ratings rates Intel 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, reasonable valuation levels, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. You can view the full Intel 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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