Monday's Ex-Dividends To Watch: CPWR, AEE, KSS, FOXA

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.

Monday, Sept. 9, 2013, 12 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.8% to 7.3%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar.

Highlighted Stocks Going Ex-Dividend Monday:

Compuware Corporation

Owners of Compuware Corporation (NASDAQ: CPWR) shares as of market close today will be eligible for a dividend of 13 cents per share. At a price of $10.90 as of 9:35 a.m. ET, the dividend yield is 4.6%.

The average volume for Compuware Corporation has been 1.9 million shares per day over the past 30 days. Compuware Corporation has a market cap of $2.3 billion and is part of the computer software & services industry. Shares are down 0.4% year to date as of the close of trading on Thursday.

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

Ameren

Owners of Ameren (NYSE: AEE) shares as of market close today will be eligible for a dividend of 40 cents per share. At a price of $33.28 as of 9:35 a.m. ET, the dividend yield is 4.8%.

The average volume for Ameren has been 1.5 million shares per day over the past 30 days. Ameren has a market cap of $8.0 billion and is part of the utilities industry. Shares are up 6.9% year to date as of the close of trading on Thursday.

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

Ameren Corporation operates as a public utility holding company in the United States. It operates in three segments: Ameren Missouri, Ameren Illinois, and Merchant Generation.

TheStreet Ratings rates Ameren 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 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 Ameren Ratings Report now.

Kohl's

Owners of Kohl's (NYSE: KSS) shares as of market close today will be eligible for a dividend of 35 cents per share. At a price of $52.76 as of 9:36 a.m. ET, the dividend yield is 2.7%.

The average volume for Kohl's has been 2.1 million shares per day over the past 30 days. Kohl's has a market cap of $11.4 billion and is part of the retail industry. Shares are up 22.8% year to date as of the close of trading on Thursday.

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

Kohl's Corporation operates department stores in the United States. Its stores offer private, exclusive, and national branded apparel, footwear, and accessories for women, men, and children; soft home products, such as sheets and pillows; and housewares targeted to middle-income customers. The company has a P/E ratio of 12.13.

TheStreet Ratings rates Kohl's as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels, expanding profit margins, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full Kohl's Ratings Report now.

Twenty-First Century Fox

Owners of Twenty-First Century Fox (NASDAQ: FOXA) shares as of market close today will be eligible for a dividend of 13 cents per share. At a price of $32.10 as of 9:36 a.m. ET, the dividend yield is 0.8%.

The average volume for Twenty-First Century Fox has been 14.5 million shares per day over the past 30 days. Twenty-First Century Fox has a market cap of $48.2 billion and is part of the media industry. Shares are up 24.3% year to date as of the close of trading on Thursday.

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

Twenty-First Century Fox, Inc. operates as a diversified media and entertainment company worldwide. The company has a P/E ratio of 10.77.

TheStreet Ratings rates Twenty-First Century Fox as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Twenty-First Century Fox 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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