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. 8, 2013, 26 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 1.1% to 11.3%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar. Highlighted Stocks Going Ex-Dividend Tomorrow:
Owners of Penske Automotive Group (NYSE: PAG) shares as of market close today will be eligible for a dividend of 16 cents per share. At a price of $38.11 as of 9:35 a.m. ET, the dividend yield is 1.7%. The average volume for Penske Automotive Group has been 348,300 shares per day over the past 30 days. Penske Automotive Group has a market cap of $3.5 billion and is part of the specialty retail industry. Shares are up 28.6% year to date as of the close of trading on Tuesday. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more. Penske Automotive Group, Inc. operates as an automotive retailer. The company operates in two segments, Retail and Other. It sells new and used motor vehicles of approximately 41 brands. The company has a P/E ratio of 16.20. TheStreet Ratings rates Penske Automotive Group as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, increase in net income, revenue growth and attractive valuation levels. 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 Penske Automotive Group Ratings Report now.