Dividend Watch: 5 Stocks Going Ex-Dividend Tomorrow: NTLS, GLNG, RNR, DLR, WMB

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, Sept. 11, 2013, 56 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.3% to 24.4%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar.

Highlighted Stocks Going Ex-Dividend Tomorrow:

NTELOS Holdings

Owners of NTELOS Holdings (NASDAQ: NTLS) shares as of market close today will be eligible for a dividend of 42 cents per share. At a price of $16.10 as of 9:33 a.m. ET, the dividend yield is 10.4%.

The average volume for NTELOS Holdings has been 197,900 shares per day over the past 30 days. NTELOS Holdings has a market cap of $345.5 million and is part of the telecommunications industry. Shares are up 23.4% 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.

NTELOS Holdings Corp., through its subsidiaries, provides digital wireless communications services to consumers and businesses primarily in Virginia and West Virginia, as well as parts of Maryland, North Carolina, Pennsylvania, Ohio, and Kentucky. The company has a P/E ratio of 17.48.

TheStreet Ratings rates NTELOS Holdings as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, compelling growth in net income, good cash flow from operations, growth in earnings per share and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full NTELOS Holdings Ratings Report now.

Golar LNG

Owners of Golar LNG (NASDAQ: GLNG) shares as of market close today will be eligible for a dividend of 45 cents per share. At a price of $38.15 as of 9:34 a.m. ET, the dividend yield is 4.9%.

The average volume for Golar LNG has been 619,000 shares per day over the past 30 days. Golar LNG has a market cap of $3.0 billion and is part of the transportation industry. Shares are up 0.7% 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.

Golar LNG Limited, a midstream liquefied natural gas (LNG) company, engages in the transportation, regasification and liquefaction, and trading of LNG. The company has a P/E ratio of 3.18.

TheStreet Ratings rates Golar LNG as a buy. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, largely solid financial position with reasonable debt levels by most measures, notable return on equity, expanding profit margins and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Golar LNG Ratings Report now.

RenaissanceRe Holdings

Owners of RenaissanceRe Holdings (NYSE: RNR) shares as of market close today will be eligible for a dividend of 28 cents per share. At a price of $87.21 as of 9:35 a.m. ET, the dividend yield is 1.3%.

The average volume for RenaissanceRe Holdings has been 446,500 shares per day over the past 30 days. RenaissanceRe Holdings has a market cap of $3.8 billion and is part of the insurance industry. Shares are up 7.2% 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.

RenaissanceRe Holdings Ltd., together with its subsidiaries, provides reinsurance and insurance coverages and related services in the United States and internationally. The company has a P/E ratio of 9.13.

TheStreet Ratings rates RenaissanceRe Holdings as a buy. The company's strengths can be seen in multiple areas, such as its 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 RenaissanceRe Holdings Ratings Report now.

Digital Realty

Owners of Digital Realty (NYSE: DLR) shares as of market close today will be eligible for a dividend of 78 cents per share. At a price of $52.82 as of 9:35 a.m. ET, the dividend yield is 6%.

The average volume for Digital Realty has been 1.7 million shares per day over the past 30 days. Digital Realty has a market cap of $6.7 billion and is part of the real estate industry. Shares are down 22.4% 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.

Digital Realty Trust, Inc., a real estate investment trust (REIT), through its controlling interest in Digital Realty Trust, L.P., engages in the ownership, acquisition, development, redevelopment, and management of technology-related real estate. The company has a P/E ratio of 36.28.

TheStreet Ratings rates Digital Realty as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, reasonable valuation levels, good cash flow from operations 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 Digital Realty Ratings Report now.

Williams Companies

Owners of Williams Companies (NYSE: WMB) shares as of market close today will be eligible for a dividend of 37 cents per share. At a price of $35.58 as of 9:35 a.m. ET, the dividend yield is 4.2%.

The average volume for Williams Companies has been 6.2 million shares per day over the past 30 days. Williams Companies has a market cap of $24.0 billion and is part of the energy industry. Shares are up 8.7% 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.

The Williams Companies, Inc. operates as an energy infrastructure company. The company has a P/E ratio of 38.17.

TheStreet Ratings rates Williams Companies as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, expanding profit margins, good cash flow from operations and increase in stock price during the past year. 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 Williams Companies 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

Quadrangle Capital Exits Ntelos Holdings Just in Time

Quadrangle Capital Exits Ntelos Holdings Just in Time

One Factor Bringing NTELOS (NTLS) Stock Up

One Factor Bringing NTELOS (NTLS) Stock Up

Where the Money Was Made the Last 5 Years

Where the Money Was Made the Last 5 Years

Trade-Ideas: NTELOS Holdings (NTLS) Is Today's Weak On High Relative Volume Stock

Trade-Ideas: NTELOS Holdings (NTLS) Is Today's Weak On High Relative Volume Stock

nTelos (NTLS) Stock Closes Higher Today on Takeover Report

nTelos (NTLS) Stock Closes Higher Today on Takeover Report