5 Stocks Going Ex-Dividend Tomorrow: OLN, UL, GSK, DAL, WFC

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. 7, 2013, 32 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.6% to 7.3%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar.

Highlighted Stocks Going Ex-Dividend Tomorrow:

Olin Corporation

Owners of Olin Corporation (NYSE: OLN) shares as of market close today will be eligible for a dividend of 20 cents per share. At a price of $24.70 as of 9:35 a.m. ET, the dividend yield is 3.2%.

The average volume for Olin Corporation has been 623,400 shares per day over the past 30 days. Olin Corporation has a market cap of $2.0 billion and is part of the chemicals industry. Shares are up 14.7% year to date as of the close of trading on Monday.

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Olin Corporation manufactures and sells chlor alkali products in the United States and internationally. It operates in three segments, Chlor Alkali Products, Chemical Distribution, and Winchester. The company has a P/E ratio of 13.76.

TheStreet Ratings rates Olin Corporation as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Olin Corporation Ratings Report now.

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