Ex-Dividends To Watch: 5 Stocks Going Ex-Dividend Tomorrow: ZFC, SHO, MTGE, MOLX, XRX

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:

ZAIS Financial

Owners of ZAIS Financial (NYSE: ZFC) shares as of market close today will be eligible for a dividend of 50 cents per share. At a price of $17.99 as of 9:32 a.m. ET, the dividend yield is 11.2%.

The average volume for ZAIS Financial has been 45,900 shares per day over the past 30 days. ZAIS Financial has a market cap of $142.8 million and is part of the real estate industry. Shares are unchanged 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 5.62.

Sunstone Hotel Investors

Owners of Sunstone Hotel Investors (NYSE: SHO) shares as of market close today will be eligible for a dividend of 5 cents per share. At a price of $12.97 as of 9:36 a.m. ET, the dividend yield is 1.5%.

The average volume for Sunstone Hotel Investors has been 979,400 shares per day over the past 30 days. Sunstone Hotel Investors has a market cap of $2.1 billion and is part of the real estate industry. Shares are up 21.8% 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.

Sunstone Hotel Investors, Inc. operates as a real estate investment trust. The firm engages in the acquisition, ownership, asset management, renovation, and sale of luxury, upper upscale, and upscale full-service hotels in the United States. Its portfolio also includes mid-scale hotels.

TheStreet Ratings rates Sunstone Hotel Investors as a buy. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, compelling growth in net income, revenue growth, impressive record of earnings per share growth and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Sunstone Hotel Investors Ratings Report now.

American Capital Mortgage Investment

Owners of American Capital Mortgage Investment (NASDAQ: MTGE) shares as of market close today will be eligible for a dividend of 70 cents per share. At a price of $21.07 as of 9:36 a.m. ET, the dividend yield is 13.5%.

The average volume for American Capital Mortgage Investment has been 1.1 million shares per day over the past 30 days. American Capital Mortgage Investment has a market cap of $1.2 billion and is part of the real estate industry. Shares are down 11.8% 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.

American Capital Mortgage Investment Corp. operates as a real estate investment trust (REIT) in the United States. The company has a P/E ratio of 4.44.

TheStreet Ratings rates American Capital Mortgage Investment as a sell. The company's weaknesses can be seen in multiple areas, such as its unimpressive growth in net income, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share. You can view the full American Capital Mortgage Investment Ratings Report now.

Molex

Owners of Molex (NASDAQ: MOLX) shares as of market close today will be eligible for a dividend of 24 cents per share. At a price of $38.77 as of 9:35 a.m. ET, the dividend yield is 2.5%.

The average volume for Molex has been 1.3 million shares per day over the past 30 days. Molex has a market cap of $3.7 billion and is part of the electronics industry. Shares are up 41.9% 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.

Molex Incorporated, together with its subsidiaries, engages in the design, manufacture, and sale of electronic components worldwide. It operates in two segments, Connector, and Custom and Electrical. The company has a P/E ratio of 28.52.

TheStreet Ratings rates Molex 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, solid stock price performance, good cash flow from operations 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 Molex Ratings Report now.

Xerox Corporation

Owners of Xerox Corporation (NYSE: XRX) shares as of market close today will be eligible for a dividend of 6 cents per share. At a price of $10.35 as of 9:35 a.m. ET, the dividend yield is 2.3%.

The average volume for Xerox Corporation has been 11.2 million shares per day over the past 30 days. Xerox Corporation has a market cap of $12.4 billion and is part of the computer software & services industry. Shares are up 47.8% 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.

Xerox Corporation provides business process and document management services worldwide. The company has a P/E ratio of 10.84.

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

Comcast's Brian Roberts vs. Disney's Bob Iger: Which Titan Will Nab Fox?

Comcast's Brian Roberts vs. Disney's Bob Iger: Which Titan Will Nab Fox?

Dow Set to Snap 8-Day Losing Streak as Stocks Recover, But Trade War Lingers

Dow Set to Snap 8-Day Losing Streak as Stocks Recover, But Trade War Lingers

OPEC, Bank Stress Tests, Disney and Tesla - 5 Things You Must Know

OPEC, Bank Stress Tests, Disney and Tesla - 5 Things You Must Know

Big Banks Pass the Stress Tests and 4 Other Stories to Watch Friday Morning

Big Banks Pass the Stress Tests and 4 Other Stories to Watch Friday Morning

OPEC Debating 1 Million Barrel Oil Market Boost as Iran Signals Support

OPEC Debating 1 Million Barrel Oil Market Boost as Iran Signals Support