5 With Upcoming Ex-Dividend Dates: HII, TEG, OII, PRGO, ABX

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:

Huntington Ingalls Industries

Owners of Huntington Ingalls Industries (NYSE: HII) shares as of market close today will be eligible for a dividend of 10 cents per share. At a price of $65.08 as of 9:34 a.m. ET, the dividend yield is 0.6%.

The average volume for Huntington Ingalls Industries has been 209,500 shares per day over the past 30 days. Huntington Ingalls Industries has a market cap of $3.3 billion and is part of the aerospace/defense industry. Shares are up 51.4% 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.

Huntington Ingalls Industries, Inc. designs, builds, overhauls, and repairs ships primarily for the U.S. Navy and Coast Guard. The company has a P/E ratio of 20.17.

TheStreet Ratings rates Huntington Ingalls Industries 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 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 Huntington Ingalls Industries Ratings Report now.

Integrys Energy Group

Owners of Integrys Energy Group (NYSE: TEG) shares as of market close today will be eligible for a dividend of 68 cents per share. At a price of $56.93 as of 9:36 a.m. ET, the dividend yield is 4.7%.

The average volume for Integrys Energy Group has been 359,400 shares per day over the past 30 days. Integrys Energy Group has a market cap of $4.6 billion and is part of the utilities industry. Shares are up 9.8% 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.

Integrys Energy Group, Inc., a diversified energy holding company, engages in regulated and non regulated energy operations in the United States. The company has a P/E ratio of 14.35.

TheStreet Ratings rates Integrys Energy Group 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, reasonable valuation levels, notable return on equity and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Integrys Energy Group Ratings Report now.

Oceaneering International

Owners of Oceaneering International (NYSE: OII) shares as of market close today will be eligible for a dividend of 22 cents per share. At a price of $80.10 as of 9:35 a.m. ET, the dividend yield is 1.1%.

The average volume for Oceaneering International has been 571,400 shares per day over the past 30 days. Oceaneering International has a market cap of $8.7 billion and is part of the energy industry. Shares are up 50.3% 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.

Oceaneering International, Inc., together with its subsidiaries, provides engineered services and products primarily to the offshore oil and gas industry with a focus on deepwater applications worldwide. The company has a P/E ratio of 25.83.

TheStreet Ratings rates Oceaneering International 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 solid stock price performance. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. You can view the full Oceaneering International Ratings Report now.

Perrigo Company

Owners of Perrigo Company (NYSE: PRGO) shares as of market close today will be eligible for a dividend of 9 cents per share. At a price of $117.75 as of 9:36 a.m. ET, the dividend yield is 0.3%.

The average volume for Perrigo Company has been 1.1 million shares per day over the past 30 days. Perrigo Company has a market cap of $11.2 billion and is part of the drugs industry. Shares are up 14.6% 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.

Perrigo Company, through its subsidiaries, develops, manufactures, and distributes over-the-counter (OTC) and generic prescription (Rx) pharmaceuticals, infant formulas, nutritional products, and active pharmaceutical ingredients (API) worldwide. The company has a P/E ratio of 25.51.

TheStreet Ratings rates Perrigo Company 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, growth in earnings per share, expanding profit margins and increase in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Perrigo Company Ratings Report now.

Barrick Gold Corporation

Owners of Barrick Gold Corporation (NYSE: ABX) shares as of market close today will be eligible for a dividend of 5 cents per share. At a price of $21.00 as of 9:36 a.m. ET, the dividend yield is 1%.

The average volume for Barrick Gold Corporation has been 18.8 million shares per day over the past 30 days. Barrick Gold Corporation has a market cap of $20.1 billion and is part of the metals & mining industry. Shares are down 41.6% 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.

Barrick Gold Corporation engages in the production and sale of gold and copper. It is also involved in exploration and mine development activities.

TheStreet Ratings rates Barrick Gold Corporation 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, generally high debt management risk, disappointing return on equity and generally disappointing historical performance in the stock itself. You can view the full Barrick Gold Corporation 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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