5 Stocks Going Ex-Dividend Tomorrow: LNN, STR, SJM, SHW, V

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:

Lindsay

Owners of Lindsay (NYSE: LNN) shares as of market close today will be eligible for a dividend of 13 cents per share. At a price of $74.07 as of 9:32 a.m. ET, the dividend yield is 0.7%.

The average volume for Lindsay has been 162,200 shares per day over the past 30 days. Lindsay has a market cap of $948.4 million and is part of the industrial industry. Shares are down 7.6% 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.

Lindsay Corporation designs, manufactures, and sells irrigation systems that are primarily used in the agricultural industry to increase or stabilize crop production while conserving water, energy, and labor in the United States and internationally. The company has a P/E ratio of 13.81.

TheStreet Ratings rates Lindsay 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, impressive record of earnings per share growth, compelling growth in net income and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Lindsay Ratings Report now.

Questar

Owners of Questar (NYSE: STR) shares as of market close today will be eligible for a dividend of 18 cents per share. At a price of $24.33 as of 9:36 a.m. ET, the dividend yield is 3%.

The average volume for Questar has been 1.1 million shares per day over the past 30 days. Questar has a market cap of $4.3 billion and is part of the utilities industry. Shares are up 23.3% 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.

Questar Corporation operates as an integrated natural gas company in the United States. The company has a P/E ratio of 20.48.

TheStreet Ratings rates Questar as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, expanding profit margins, increase in stock price during the past year and increase in net income. 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 Questar Ratings Report now.

J.M. Smucker

Owners of J.M. Smucker (NYSE: SJM) shares as of market close today will be eligible for a dividend of 58 cents per share. At a price of $113.86 as of 9:35 a.m. ET, the dividend yield is 2%.

The average volume for J.M. Smucker has been 582,600 shares per day over the past 30 days. J.M. Smucker has a market cap of $12.0 billion and is part of the food & beverage industry. Shares are up 31.4% 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.

The J. M. Smucker Company engages in manufacturing and marketing branded food products worldwide. The company operates through three segments: U.S. Retail Coffee; U.S. Retail Consumer Foods; and International, Foodservice, and Natural Foods. The company has a P/E ratio of 22.66.

TheStreet Ratings rates J.M. Smucker as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, expanding profit margins, solid stock price performance and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full J.M. Smucker Ratings Report now.

Sherwin-Williams Company

Owners of Sherwin-Williams Company (NYSE: SHW) shares as of market close today will be eligible for a dividend of 50 cents per share. At a price of $176.44 as of 9:36 a.m. ET, the dividend yield is 1.1%.

The average volume for Sherwin-Williams Company has been 771,500 shares per day over the past 30 days. Sherwin-Williams Company has a market cap of $18.2 billion and is part of the chemicals industry. Shares are up 15.1% 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.

The Sherwin-Williams Company engages in the development, manufacture, distribution, and sale of paints, coatings, and related products to professional, industrial, commercial, and retail customers primarily in North America, South America, Europe, Asia, and the Caribbean region. The company has a P/E ratio of 27.41.

TheStreet Ratings rates Sherwin-Williams Company as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, increase in net income, notable return on equity and good cash flow from operations. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full Sherwin-Williams Company Ratings Report now.

Visa

Owners of Visa (NYSE: V) shares as of market close today will be eligible for a dividend of 33 cents per share. At a price of $179.62 as of 9:36 a.m. ET, the dividend yield is 0.7%.

The average volume for Visa has been 3.7 million shares per day over the past 30 days. Visa has a market cap of $92.5 billion and is part of the financial services industry. Shares are up 18.6% 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.

Visa Inc., a payments technology company, engages in the operation of retail electronic payments network worldwide. It facilitates commerce through the transfer of value and information among financial institutions, merchants, consumers, businesses, and government entities. The company has a P/E ratio of 21.95.

TheStreet Ratings rates Visa 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, expanding profit margins, good cash flow from operations and compelling growth in net income. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full Visa 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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