4 With Upcoming Ex-Dividend Dates: HL, FMER, DNKN, SYMC

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. 22, 2013, 12 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.1% to 11.7%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar.

Highlighted Stocks Going Ex-Dividend Tomorrow:

Hecla Mining Company

Owners of Hecla Mining Company (NYSE: HL) shares as of market close today will be eligible for a dividend of 0 cents per share. At a price of $3.67 as of 9:35 a.m. ET, the dividend yield is 0.3%.

The average volume for Hecla Mining Company has been 7.5 million shares per day over the past 30 days. Hecla Mining Company has a market cap of $1.2 billion and is part of the metals & mining industry. Shares are down 36% 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.

Hecla Mining Company, together with its subsidiaries, discovers, acquires, develops, produces, and markets precious and base metals worldwide. It offers unrefined gold and silver bullion bars to precious metals traders; and lead, zinc, and bulk concentrates to custom smelters.

TheStreet Ratings rates Hecla Mining Company as a hold. 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 good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and disappointing return on equity. You can view the full Hecla Mining Company Ratings Report now.

Firstmerit

Owners of Firstmerit (NASDAQ: FMER) shares as of market close today will be eligible for a dividend of 16 cents per share. At a price of $22.92 as of 9:34 a.m. ET, the dividend yield is 2.8%.

The average volume for Firstmerit has been 1.3 million shares per day over the past 30 days. Firstmerit has a market cap of $3.7 billion and is part of the banking industry. Shares are up 61.9% 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.

FirstMerit Corporation operates as a bank holding company for FirstMerit Bank, N.A. that provides various banking, fiduciary, financial, insurance, and investment services to corporate, institutional, and individual customers. The company has a P/E ratio of 17.71.

TheStreet Ratings rates Firstmerit as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, compelling growth in net income, growth in earnings per share and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full Firstmerit Ratings Report now.

Dunkin Brands Group

Owners of Dunkin Brands Group (NASDAQ: DNKN) shares as of market close today will be eligible for a dividend of 19 cents per share. At a price of $43.20 as of 9:36 a.m. ET, the dividend yield is 1.8%.

The average volume for Dunkin Brands Group has been 964,800 shares per day over the past 30 days. Dunkin Brands Group has a market cap of $4.6 billion and is part of the leisure industry. Shares are up 29.6% 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.

Dunkin' Brands Group, Inc., together with its subsidiaries, owns, operates, and franchises quick service restaurants under the Dunkin' Donuts and Baskin-Robbins brands worldwide. The company has a P/E ratio of 36.76.

TheStreet Ratings rates Dunkin Brands Group as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity and impressive record of earnings per share growth. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk, premium valuation and weak operating cash flow. You can view the full Dunkin Brands Group Ratings Report now.

Symantec

Owners of Symantec (NASDAQ: SYMC) shares as of market close today will be eligible for a dividend of 15 cents per share. At a price of $26.16 as of 9:36 a.m. ET, the dividend yield is 2.3%.

The average volume for Symantec has been 7.5 million shares per day over the past 30 days. Symantec has a market cap of $18.3 billion and is part of the computer software & services industry. Shares are up 39.5% 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.

Symantec Corporation and its subsidiaries provide security, backup, and availability solutions worldwide. Its products and services protect people and information in any digital environment from mobile devices, enterprise data centers, and cloud-based systems. The company has a P/E ratio of 24.25.

TheStreet Ratings rates Symantec as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, reasonable valuation levels, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Symantec 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.
null

If you liked this article you might like

How to Trade the Week's Most Active Stocks -- Micron, Nvidia, Synergy Pharma and More

How to Trade the Week's Most Active Stocks -- Micron, Nvidia, Synergy Pharma and More

Which Companies Are Changing Direction

Which Companies Are Changing Direction

These Two Base Metals Stocks Are Ready to Run

These Two Base Metals Stocks Are Ready to Run

Here Is Why These 2 Precious Metals Mining Stocks Are Set to Soar

Here Is Why These 2 Precious Metals Mining Stocks Are Set to Soar

Hecla Mining (HL) Stock Jumps on Preliminary Q3 Production Report, Guidance

Hecla Mining (HL) Stock Jumps on Preliminary Q3 Production Report, Guidance