5 Stocks Going Ex-Dividend Tomorrow: DSL, GAS, HAR, DLPH, UTX

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. 14, 2013, 48 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.1% to 18.2%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar.

Highlighted Stocks Going Ex-Dividend Tomorrow:

DoubleLine Income Solutions Fund

Owners of DoubleLine Income Solutions Fund (NYSE: DSL) shares as of market close today will be eligible for a dividend of 15 cents per share. At a price of $21.83 as of 9:32 a.m. ET, the dividend yield is 8.2%.

The average volume for DoubleLine Income Solutions Fund has been 374,300 shares per day over the past 30 days. DoubleLine Income Solutions Fund has a market cap of $0 and is part of the financial services industry. Shares are unchanged year to date as of the close of trading on Monday.

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

AGL Resources

Owners of AGL Resources (NYSE: GAS) shares as of market close today will be eligible for a dividend of 47 cents per share. At a price of $46.10 as of 9:36 a.m. ET, the dividend yield is 4.1%.

The average volume for AGL Resources has been 467,400 shares per day over the past 30 days. AGL Resources has a market cap of $5.4 billion and is part of the utilities industry. Shares are up 15.7% year to date as of the close of trading on Monday.

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

AGL Resources Inc., an energy services holding company, distributes natural gas to residential, commercial, industrial, and governmental customers in Illinois, Georgia, Virginia, New Jersey, Florida, Tennessee, and Maryland. The company has a P/E ratio of 17.46.

TheStreet Ratings rates AGL Resources as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth, compelling growth in net income, reasonable valuation levels and good cash flow from operations. 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 AGL Resources Ratings Report now.

Harman International Industries

Owners of Harman International Industries (NYSE: HAR) shares as of market close today will be eligible for a dividend of 30 cents per share. At a price of $71.02 as of 9:36 a.m. ET, the dividend yield is 1.7%.

The average volume for Harman International Industries has been 763,500 shares per day over the past 30 days. Harman International Industries has a market cap of $4.7 billion and is part of the consumer durables industry. Shares are up 58.8% year to date as of the close of trading on Monday.

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

Harman International Industries, Incorporated designs, develops, manufactures, and markets audio products and electronic systems worldwide. Its Infotainment segment offers infotainment systems for vehicle applications to be installed primarily as original equipment by automotive manufacturers. The company has a P/E ratio of 33.72.

TheStreet Ratings rates Harman International Industries 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 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 Harman International Industries Ratings Report now.

Delphi Automotive

Owners of Delphi Automotive (NYSE: DLPH) shares as of market close today will be eligible for a dividend of 17 cents per share. At a price of $56.05 as of 9:36 a.m. ET, the dividend yield is 1.2%.

The average volume for Delphi Automotive has been 2.0 million shares per day over the past 30 days. Delphi Automotive has a market cap of $17.2 billion and is part of the automotive industry. Shares are up 45.3% year to date as of the close of trading on Monday.

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

Delphi Automotive PLC, together with its subsidiaries, manufactures vehicle components; and provides electrical and electronic, powertrain, safety, and thermal technology solutions for the automotive and commercial vehicle markets worldwide. The company has a P/E ratio of 16.68.

TheStreet Ratings rates Delphi Automotive as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share and increase in net income. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. You can view the full Delphi Automotive Ratings Report now.

United Technologies

Owners of United Technologies (NYSE: UTX) shares as of market close today will be eligible for a dividend of 54 cents per share. At a price of $106.18 as of 9:36 a.m. ET, the dividend yield is 2%.

The average volume for United Technologies has been 3.3 million shares per day over the past 30 days. United Technologies has a market cap of $96.9 billion and is part of the industrial industry. Shares are up 28.7% year to date as of the close of trading on Monday.

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

United Technologies Corporation provides technology products and services to the building systems and aerospace industries worldwide. The company has a P/E ratio of 19.20.

TheStreet Ratings rates United Technologies as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, compelling growth in net income, growth in earnings per share and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full United Technologies 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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