Ex-Dividend Alert: 5 Stocks Going Ex-Dividend Tomorrow: RSO, LXP, WSH, AGU, MDLZ

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. 26, 2013, 90 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0% to 20.9%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar.

Highlighted Stocks Going Ex-Dividend Tomorrow:

Resource Capital Corporation

Owners of Resource Capital Corporation (NYSE: RSO) shares as of market close today will be eligible for a dividend of 20 cents per share. At a price of $6.29 as of 9:35 a.m. ET, the dividend yield is 12.6%.

The average volume for Resource Capital Corporation has been 929,000 shares per day over the past 30 days. Resource Capital Corporation has a market cap of $806.5 million and is part of the real estate industry. Shares are up 13.4% year to date as of the close of trading on Tuesday.

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

Resource Capital Corp., a specialty finance company, purchases and manages a diversified portfolio of commercial real estate-related assets and commercial finance assets in the United States. The company has a P/E ratio of 12.70.

TheStreet Ratings rates Resource Capital Corporation as a hold. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, disappointing return on equity and feeble growth in the company's earnings per share. You can view the full Resource Capital Corporation Ratings Report now.

Lexington Realty

Owners of Lexington Realty (NYSE: LXP) shares as of market close today will be eligible for a dividend of 15 cents per share. At a price of $11.55 as of 9:36 a.m. ET, the dividend yield is 5.2%.

The average volume for Lexington Realty has been 1.6 million shares per day over the past 30 days. Lexington Realty has a market cap of $2.5 billion and is part of the real estate industry. Shares are up 11% year to date as of the close of trading on Tuesday.

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

Lexington Corporate Properties Trust operates as a self-managed and self-administered real estate investment trust (REIT). The company acquires, owns, and manages a portfolio of office, industrial, and retail properties net-leased to corporate tenants in the United States. The company has a P/E ratio of 14.50.

TheStreet Ratings rates Lexington Realty as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in stock price during the past year, reasonable valuation levels, good cash flow from operations and compelling growth in net income. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Lexington Realty Ratings Report now.

Willis Group Holdings

Owners of Willis Group Holdings (NYSE: WSH) shares as of market close today will be eligible for a dividend of 28 cents per share. At a price of $44.01 as of 9:35 a.m. ET, the dividend yield is 2.5%.

The average volume for Willis Group Holdings has been 693,500 shares per day over the past 30 days. Willis Group Holdings has a market cap of $7.8 billion and is part of the insurance industry. Shares are up 31.7% year to date as of the close of trading on Tuesday.

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

Willis Group Holdings Public Limited Company provides a range of insurance brokerage, reinsurance, and risk management consulting services worldwide.

TheStreet Ratings rates Willis Group Holdings as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, poor profit margins and generally higher debt management risk. You can view the full Willis Group Holdings Ratings Report now.

Agrium

Owners of Agrium (NYSE: AGU) shares as of market close today will be eligible for a dividend of 75 cents per share. At a price of $86.31 as of 9:35 a.m. ET, the dividend yield is 3.4%.

The average volume for Agrium has been 999,200 shares per day over the past 30 days. Agrium has a market cap of $12.8 billion and is part of the chemicals industry. Shares are down 12.9% year to date as of the close of trading on Tuesday.

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

Agrium Inc. engages in the retail of agricultural products and services. The company operates through three segments: Retail, Wholesale, and Advanced Technologies. The company has a P/E ratio of 9.56.

TheStreet Ratings rates Agrium 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 attractive valuation levels. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Agrium Ratings Report now.

Mondelez International

Owners of Mondelez International (NASDAQ: MDLZ) shares as of market close today will be eligible for a dividend of 14 cents per share. At a price of $31.98 as of 9:36 a.m. ET, the dividend yield is 1.8%.

The average volume for Mondelez International has been 8.9 million shares per day over the past 30 days. Mondelez International has a market cap of $56.9 billion and is part of the food & beverage industry. Shares are up 25.5% year to date as of the close of trading on Tuesday.

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 30.14.

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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