5 Stocks Going Ex-Dividend Tomorrow: EDF, APAM, NS, UL, AA

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, Nov. 6, 2013, 75 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0% to 10.8%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar.

Highlighted Stocks Going Ex-Dividend Tomorrow:

Stone Harbor Emerging Markets Fixed Income

Owners of Stone Harbor Emerging Markets Fixed Income (NYSE: EDF) shares as of market close today will be eligible for a dividend of 18 cents per share. At a price of $19.64 as of 9:34 a.m. ET, the dividend yield is 10.8%.

The average volume for Stone Harbor Emerging Markets Fixed Income has been 72,100 shares per day over the past 30 days. Shares are down 19.1% 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.

Artisan Partners Asset Management

Owners of Artisan Partners Asset Management (NYSE: APAM) shares as of market close today will be eligible for a dividend of 43 cents per share. At a price of $59.36 as of 9:35 a.m. ET, the dividend yield is 2.9%.

The average volume for Artisan Partners Asset Management has been 125,800 shares per day over the past 30 days. Artisan Partners Asset Management has a market cap of $846.5 million and is part of the financial services industry. Shares are unchanged 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.

NuStar Energy L.P

At a price of $44.73 as of 9:30 a.m. ET, the dividend yield is 9.8%.

The average volume for NuStar Energy L.P has been 482,500 shares per day over the past 30 days. NuStar Energy L.P has a market cap of $3.5 billion and is part of the energy industry. Shares are up 5.7% 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.

NuStar Energy L.P. engages in the terminalling, storage, and transportation of petroleum products primarily in the United States and the Netherlands. The company operates in three segments: Storage, Transportation, and Asphalt and Fuels Marketing. The company has a P/E ratio of 86.35.

TheStreet Ratings rates NuStar Energy L.P as a hold. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, good cash flow from operations and impressive record of earnings per share growth. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, generally higher debt management risk and poor profit margins. You can view the full NuStar Energy L.P Ratings Report now.

Unilever

Owners of Unilever (NYSE: UL) shares as of market close today will be eligible for a dividend of 37 cents per share. At a price of $40.53 as of 9:30 a.m. ET, the dividend yield is 3.5%.

The average volume for Unilever has been 1.3 million shares per day over the past 30 days. Unilever has a market cap of $121.4 billion and is part of the consumer non-durables industry. Shares are up 3.7% 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 company has a P/E ratio of 29.51.

Alcoa

Owners of Alcoa (NYSE: AA) shares as of market close today will be eligible for a dividend of 3 cents per share. At a price of $9.83 as of 9:30 a.m. ET, the dividend yield is 1.3%.

The average volume for Alcoa has been 26.0 million shares per day over the past 30 days. Alcoa has a market cap of $9.9 billion and is part of the metals & mining industry. Shares are up 6.8% 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.

Alcoa Inc. engages in the production and management of primary aluminum, fabricated aluminum, and alumina. The company operates in four segments: Alumina, Primary Metals, Global Rolled Products, and Engineered Products and Solutions. The company has a P/E ratio of 33.11.

TheStreet Ratings rates Alcoa as a hold. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, impressive record of earnings per share growth and notable return on equity. However, as a counter to these strengths, we also find weaknesses including poor profit margins, weak operating cash flow and generally higher debt management risk. You can view the full Alcoa 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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