4 With Upcoming Ex-Dividend Dates: TXRH, ROC, FOX, HPQ

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:

Texas Roadhouse

Owners of Texas Roadhouse (NASDAQ: TXRH) shares as of market close today will be eligible for a dividend of 12 cents per share. At a price of $24.98 as of 9:35 a.m. ET, the dividend yield is 1.9%.

The average volume for Texas Roadhouse has been 604,400 shares per day over the past 30 days. Texas Roadhouse has a market cap of $1.8 billion and is part of the leisure industry. Shares are up 48.1% 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.

Texas Roadhouse, Inc., together with its subsidiaries, operates a full service casual dining restaurant chain. The company operates its restaurants under the Texas Roadhouse and Aspen Creek names. The company has a P/E ratio of 22.71.

TheStreet Ratings rates Texas Roadhouse as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, reasonable valuation levels, 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 sub par growth in net income. You can view the full Texas Roadhouse Ratings Report now.

Rockwood Holdings

Owners of Rockwood Holdings (NYSE: ROC) shares as of market close today will be eligible for a dividend of 45 cents per share. At a price of $64.17 as of 9:35 a.m. ET, the dividend yield is 2.8%.

The average volume for Rockwood Holdings has been 636,500 shares per day over the past 30 days. Rockwood Holdings has a market cap of $4.8 billion and is part of the chemicals industry. Shares are up 29.3% 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.

Rockwood Holdings, Inc. develops, manufactures, and markets specialty chemicals and advanced materials for industrial and commercial applications primarily in Germany, the United States, and Europe. The company has a P/E ratio of 34.55.

TheStreet Ratings rates Rockwood Holdings as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Rockwood Holdings Ratings Report now.

Twenty-First Century Fox

Owners of Twenty-First Century Fox (NASDAQ: FOX) shares as of market close today will be eligible for a dividend of 13 cents per share. At a price of $32.14 as of 9:36 a.m. ET, the dividend yield is 0.8%.

The average volume for Twenty-First Century Fox has been 2.7 million shares per day over the past 30 days. Twenty-First Century Fox has a market cap of $25.6 billion and is part of the media industry. Shares are up 22.1% 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 11.01.

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.

Hewlett-Packard

Owners of Hewlett-Packard (NYSE: HPQ) shares as of market close today will be eligible for a dividend of 15 cents per share. At a price of $22.33 as of 9:36 a.m. ET, the dividend yield is 2.6%.

The average volume for Hewlett-Packard has been 15.1 million shares per day over the past 30 days. Hewlett-Packard has a market cap of $42.9 billion and is part of the computer hardware industry. Shares are up 55.2% 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.

Hewlett-Packard Company and its subsidiaries provide products, technologies, software, solutions, and services to individual consumers, small-and medium-sized businesses (SMBs), and large enterprises, including customers in the government, health, and education sectors worldwide.

TheStreet Ratings rates Hewlett-Packard as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, compelling growth in net income 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, poor profit margins and weak operating cash flow. You can view the full Hewlett-Packard 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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