Dividend Watch: 5 Stocks Going Ex-Dividend Tomorrow: NTI, WYN, CA, AMAT, GG

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. 20, 2013, 15 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.2% to 11.9%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar.

Highlighted Stocks Going Ex-Dividend Tomorrow:

Northern Tier Energy

Owners of Northern Tier Energy (NYSE: NTI) shares as of market close today will be eligible for a dividend of 68 cents per share. At a price of $22.56 as of 9:36 a.m. ET, the dividend yield is 11.9%.

The average volume for Northern Tier Energy has been 1.4 million shares per day over the past 30 days. Northern Tier Energy has a market cap of $2.1 billion and is part of the energy industry. Shares are down 11.1% year to date as of the close of trading on Friday.

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The company has a P/E ratio of 16.56.

Wyndham Worldwide Corporation

Owners of Wyndham Worldwide Corporation (NYSE: WYN) shares as of market close today will be eligible for a dividend of 29 cents per share. At a price of $59.35 as of 9:36 a.m. ET, the dividend yield is 1.9%.

The average volume for Wyndham Worldwide Corporation has been 1.3 million shares per day over the past 30 days. Wyndham Worldwide Corporation has a market cap of $7.9 billion and is part of the leisure industry. Shares are up 11.5% year to date as of the close of trading on Friday.

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Wyndham Worldwide Corporation, together with its subsidiaries, provides various hospitality services and products to individual consumers and business customers in the United States and internationally. The company has a P/E ratio of 20.95.

TheStreet Ratings rates Wyndham Worldwide Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in stock price during the past year, growth in earnings per share, 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 Wyndham Worldwide Corporation Ratings Report now.

CA

Owners of CA (NASDAQ: CA) shares as of market close today will be eligible for a dividend of 25 cents per share. At a price of $30.44 as of 9:35 a.m. ET, the dividend yield is 3.2%.

The average volume for CA has been 3.5 million shares per day over the past 30 days. CA has a market cap of $14.1 billion and is part of the computer software & services industry. Shares are up 41% year to date as of the close of trading on Friday.

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

CA Technologies, together with its subsidiaries, provides enterprise information technology (IT) management software and solutions that help customers manage and secure IT environments in the United States and internationally. The company has a P/E ratio of 13.53.

TheStreet Ratings rates CA as a buy. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, impressive record of earnings per share growth, notable return on equity, attractive valuation levels 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 CA Ratings Report now.

Applied Materials

Owners of Applied Materials (NASDAQ: AMAT) shares as of market close today will be eligible for a dividend of 10 cents per share. At a price of $15.47 as of 9:35 a.m. ET, the dividend yield is 2.6%.

The average volume for Applied Materials has been 12.9 million shares per day over the past 30 days. Applied Materials has a market cap of $18.4 billion and is part of the electronics industry. Shares are up 36.5% year to date as of the close of trading on Friday.

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

Applied Materials, Inc. provides manufacturing equipment, services, and software to the semiconductor, flat panel display, solar photovoltaic (PV), and related industries worldwide.

TheStreet Ratings rates Applied Materials as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow. You can view the full Applied Materials Ratings Report now.

Goldcorp

Owners of Goldcorp (NYSE: GG) shares as of market close today will be eligible for a dividend of 5 cents per share. At a price of $31.06 as of 9:35 a.m. ET, the dividend yield is 1.9%.

The average volume for Goldcorp has been 7.9 million shares per day over the past 30 days. Goldcorp has a market cap of $25.4 billion and is part of the metals & mining industry. Shares are down 15.3% year to date as of the close of trading on Friday.

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

Goldcorp Inc. engages in the acquisition, development, exploration, and operation of precious metal properties in Canada, the United States, Mexico, and Central and South America. It primarily explores for gold ores, as well as for silver, copper, lead, and zinc ores.

TheStreet Ratings rates Goldcorp as a sell. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, deteriorating net income, disappointing return on equity, weak operating cash flow and generally disappointing historical performance in the stock itself. You can view the full Goldcorp 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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