4 With Upcoming Ex-Dividend Dates: QSII, BRE, ARG, FDO

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:

Quality Systems

Owners of Quality Systems (NASDAQ: QSII) shares as of market close today will be eligible for a dividend of 18 cents per share. At a price of $21.32 as of 9:36 a.m. ET, the dividend yield is 3.3%.

The average volume for Quality Systems has been 544,900 shares per day over the past 30 days. Quality Systems has a market cap of $1.3 billion and is part of the computer software & services industry. Shares are up 22.2% 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.

Quality Systems, Inc., together with its subsidiaries, develops and markets healthcare information systems that automate medical and dental practices, and networks of practices in the United States. The company has a P/E ratio of 31.21.

TheStreet Ratings rates Quality Systems 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, reasonable valuation levels, good cash flow from operations, increase in stock price during the past year and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Quality Systems Ratings Report now.

BRE Properties

Owners of BRE Properties (NYSE: BRE) shares as of market close today will be eligible for a dividend of 40 cents per share. At a price of $50.36 as of 9:36 a.m. ET, the dividend yield is 3.2%.

The average volume for BRE Properties has been 525,200 shares per day over the past 30 days. BRE Properties has a market cap of $3.8 billion and is part of the real estate industry. Shares are down 3.6% 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.

BRE Properties Inc. is an independent real estate investment trust. The firm invests in the real estate markets of the United States. It focuses on the development, acquisition, and management of multifamily apartment communities. BRE Properties Inc. The company has a P/E ratio of 24.01.

TheStreet Ratings rates BRE Properties as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, revenue growth, expanding profit margins, good cash flow from operations 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 BRE Properties Ratings Report now.

Airgas

Owners of Airgas (NYSE: ARG) shares as of market close today will be eligible for a dividend of 48 cents per share. At a price of $105.60 as of 9:36 a.m. ET, the dividend yield is 1.9%.

The average volume for Airgas has been 413,700 shares per day over the past 30 days. Airgas has a market cap of $7.6 billion and is part of the chemicals industry. Shares are up 15.5% 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.

Airgas, Inc., through its subsidiaries, engages in the distribution of industrial, medical, and specialty gases in the United States. The company has a P/E ratio of 23.81.

TheStreet Ratings rates Airgas as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, expanding profit margins, solid stock price performance and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Airgas Ratings Report now.

Family Dollar Stores

Owners of Family Dollar Stores (NYSE: FDO) shares as of market close today will be eligible for a dividend of 26 cents per share. At a price of $72.30 as of 9:35 a.m. ET, the dividend yield is 1.5%.

The average volume for Family Dollar Stores has been 1.5 million shares per day over the past 30 days. Family Dollar Stores has a market cap of $8.1 billion and is part of the retail industry. Shares are up 11.6% 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.

Family Dollar Stores, Inc. operates a chain of self-service retail discount stores primarily for low- and middle-income consumers in the United States. The company has a P/E ratio of 19.45.

TheStreet Ratings rates Family Dollar Stores as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures, notable return on equity and increase in stock price during the past year. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Family Dollar Stores 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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