Ex-Dividends To Watch: 5 Stocks Going Ex-Dividend Monday: OLP, CCG, E, POR, IRM

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. 23, 2013, 5 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 3.9% to 6.3%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar.

Highlighted Stocks Going Ex-Dividend Monday:

One Liberty Properties

Owners of One Liberty Properties (NYSE: OLP) shares as of market close today will be eligible for a dividend of 35 cents per share. At a price of $22.82 as of 3:59 p.m. ET, the dividend yield is 6.3%.

The average volume for One Liberty Properties has been 36,500 shares per day over the past 30 days. One Liberty Properties has a market cap of $347.2 million and is part of the real estate industry. Shares are up 10% year to date as of the close of trading on Wednesday.

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

One Liberty Properties, Inc., a real estate investment trust (REIT), engages in the acquisition, ownership, and management of commercial real estate properties in the United States. The company has a P/E ratio of 20.28.

TheStreet Ratings rates One Liberty Properties as a buy. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, revenue growth, attractive valuation levels, good cash flow from operations and expanding profit margins. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full One Liberty Properties Ratings Report now.

Campus Crest Communities

Owners of Campus Crest Communities (NYSE: CCG) shares as of market close today will be eligible for a dividend of 17 cents per share. At a price of $11.11 as of 4:01 p.m. ET, the dividend yield is 6.1%.

The average volume for Campus Crest Communities has been 514,200 shares per day over the past 30 days. Campus Crest Communities has a market cap of $695.5 million and is part of the real estate industry. Shares are down 12.1% year to date as of the close of trading on Wednesday.

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

Campus Crest Communities, Inc., a real estate investment trust (REIT), engages in the ownership, development, building, and management of student housing properties under the Grove brand name in the United States. The company has a P/E ratio of 32.67.

TheStreet Ratings rates Campus Crest Communities as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including poor profit margins and a generally disappointing performance in the stock itself. You can view the full Campus Crest Communities Ratings Report now.

Eni SpA

At a price of $48.34 as of 4:02 p.m. ET, the dividend yield is 4.9%.

The average volume for Eni SpA has been 259,200 shares per day over the past 30 days. Eni SpA has a market cap of $84.9 billion and is part of the energy industry. Shares are down 2.4% year to date as of the close of trading on Wednesday.

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

The company has a P/E ratio of 4.79.

Portland General Electric Company

Owners of Portland General Electric Company (NYSE: POR) shares as of market close today will be eligible for a dividend of 28 cents per share. At a price of $28.94 as of 4:00 p.m. ET, the dividend yield is 3.9%.

The average volume for Portland General Electric Company has been 747,300 shares per day over the past 30 days. Portland General Electric Company has a market cap of $2.2 billion and is part of the utilities industry. Shares are up 3.3% year to date as of the close of trading on Wednesday.

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

The company has a P/E ratio of 22.79.

Iron Mountain

Owners of Iron Mountain (NYSE: IRM) shares as of market close today will be eligible for a dividend of 27 cents per share. At a price of $29.03 as of 3:59 p.m. ET, the dividend yield is 4%.

The average volume for Iron Mountain has been 1.3 million shares per day over the past 30 days. Iron Mountain has a market cap of $5.2 billion and is part of the computer software & services industry. Shares are down 12.3% year to date as of the close of trading on Wednesday.

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

Iron Mountain Incorporated, together with its subsidiaries, provides information management services primarily in North America, Europe, Latin America, and the Asia Pacific. The company has a P/E ratio of 22.87.

TheStreet Ratings rates Iron Mountain as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally higher debt management risk and a generally disappointing performance in the stock itself. You can view the full Iron Mountain 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

More from Markets

Starbucks Surprises Wall Street With U.S. Sales Up a Paltry 2%

Starbucks Surprises Wall Street With U.S. Sales Up a Paltry 2%

Dow Jumps 238 Points as S&P 500, Nasdaq Also Climb

Dow Jumps 238 Points as S&P 500, Nasdaq Also Climb

Why Nashville, Denver, LA Should Reconsider Bids for Amazon HQ2

Why Nashville, Denver, LA Should Reconsider Bids for Amazon HQ2

3 Hot Reads From TheStreet's Top Premium Columnists

3 Hot Reads From TheStreet's Top Premium Columnists

Jim Cramer: Visa Is a Technology Company That Masquerades as a Financial Company

Jim Cramer: Visa Is a Technology Company That Masquerades as a Financial Company