5 Stocks Going Ex-Dividend Tomorrow: HGT, HUB.B, CFR, TAP, NEE

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. 28, 2013, 70 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.1% to 13.8%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar.

Highlighted Stocks Going Ex-Dividend Tomorrow:

Hugoton Royalty

Owners of Hugoton Royalty (NYSE: HGT) shares as of market close today will be eligible for a dividend of 8 cents per share. At a price of $8.50 as of 9:35 a.m. ET, the dividend yield is 8.7%.

The average volume for Hugoton Royalty has been 121,500 shares per day over the past 30 days. Hugoton Royalty has a market cap of $336.4 million and is part of the energy industry. Shares are up 16% 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.

Hugoton Royalty Trust operates as an express trust in the United States. The company holds an 80% net profits interests in certain natural gas producing working interest properties of XTO Energy Inc. XTO Energy Inc. The company has a P/E ratio of 15.87.

TheStreet Ratings rates Hugoton Royalty 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 solid stock price performance. However, as a counter to these strengths, we find that the company's return on equity has been disappointing. You can view the full Hugoton Royalty Ratings Report now.

Hubbell

Owners of Hubbell (NYSE: HUB.B) shares as of market close today will be eligible for a dividend of 45 cents per share. At a price of $104.00 as of 9:35 a.m. ET, the dividend yield is 1.7%.

The average volume for Hubbell has been 165,100 shares per day over the past 30 days. Hubbell has a market cap of $5.5 billion and is part of the electronics industry. Shares are up 24% 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.

Hubbell Incorporated engages in the design, manufacture, and sale of electrical and electronic products in the United States and internationally. The company operates in two segments, Electrical and Power. The company has a P/E ratio of 20.51.

TheStreet Ratings rates Hubbell 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 largely solid financial position with reasonable debt levels by most measures. 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 Hubbell Ratings Report now.

Cullen Frost Bankers

Owners of Cullen Frost Bankers (NYSE: CFR) shares as of market close today will be eligible for a dividend of 50 cents per share. At a price of $74.05 as of 9:36 a.m. ET, the dividend yield is 2.6%.

The average volume for Cullen Frost Bankers has been 420,100 shares per day over the past 30 days. Cullen Frost Bankers has a market cap of $4.6 billion and is part of the banking industry. Shares are up 39.1% 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.

Cullen/Frost Bankers, Inc. operates as the holding company for Frost Bank that offers commercial and consumer banking, and other financial products and services primarily in Texas. The company operates in two segments, Banking and Frost Wealth Advisors. The company has a P/E ratio of 19.97.

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

Molson Coors Brewing Company

Owners of Molson Coors Brewing Company (NYSE: TAP) shares as of market close today will be eligible for a dividend of 32 cents per share. At a price of $49.38 as of 9:36 a.m. ET, the dividend yield is 2.5%.

The average volume for Molson Coors Brewing Company has been 1.5 million shares per day over the past 30 days. Molson Coors Brewing Company has a market cap of $8.0 billion and is part of the food & beverage industry. Shares are up 16.3% 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.

Molson Coors Brewing Company manufactures and sells beer and other beverage products. The company has a P/E ratio of 16.12.

TheStreet Ratings rates Molson Coors Brewing Company as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, increase in stock price during the past year, attractive valuation levels, increase in net income 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 Molson Coors Brewing Company Ratings Report now.

NextEra Energy

Owners of NextEra Energy (NYSE: NEE) shares as of market close today will be eligible for a dividend of 66 cents per share. At a price of $80.18 as of 9:36 a.m. ET, the dividend yield is 3.2%.

The average volume for NextEra Energy has been 1.9 million shares per day over the past 30 days. NextEra Energy has a market cap of $34.6 billion and is part of the utilities industry. Shares are up 16.4% 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.

NextEra Energy, Inc., through its subsidiaries, engages in the generation, transmission, distribution, and sale of electric energy in the United States and Canada. The company is involved in the generation of renewable energy from wind and solar projects. The company has a P/E ratio of 22.43.

TheStreet Ratings rates NextEra Energy as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, good cash flow from operations, increase in net income and solid stock price performance. 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 NextEra Energy 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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