BLJ, CLCT, BYM, JPC, GAS

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.

Blackrock New Jersey Municipal Bond Tr

Owners of Blackrock New Jersey Municipal Bond Tr (AMEX: BLJ) shares as of market close today will be eligible for a dividend of 7 cents per share. At a price of $13.15 as of 3:24 p.m. ET, the dividend yield is 6.7%.

The average volume for Blackrock New Jersey Municipal Bond Tr has been 7,600 shares per day over the past 30 days. Blackrock New Jersey Municipal Bond Tr has a market cap of $30.9 million and is part of the financial services industry. Shares are down 21.7% year to date as of the close of trading on Friday.

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 11.47.

Collectors Universe

Owners of Collectors Universe (NASDAQ: CLCT) shares as of market close today will be eligible for a dividend of 33 cents per share. At a price of $16.95 as of 9:30 a.m. ET, the dividend yield is 7.7%.

The average volume for Collectors Universe has been 32,700 shares per day over the past 30 days. Collectors Universe has a market cap of $144.4 million and is part of the diversified services industry. Shares are up 69.4% 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.

Collectors Universe Inc., together with its subsidiaries, provides third-party authentication, grading, and related services for rare and high-value collectibles consisting of coins, trading cards, sports memorabilia, and autographs. The company has a P/E ratio of 20.97.

TheStreet Ratings rates Collectors Universe 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, notable return on equity, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. You can view the full Collectors Universe Ratings Report now.

BlackRock Municipal Income Quality

Owners of BlackRock Municipal Income Quality (NYSE: BYM) shares as of market close today will be eligible for a dividend of 8 cents per share. At a price of $12.80 as of 9:34 a.m. ET, the dividend yield is 7.3%.

The average volume for BlackRock Municipal Income Quality has been 87,000 shares per day over the past 30 days. BlackRock Municipal Income Quality has a market cap of $340.1 million and is part of the financial services industry. Shares are down 20.5% 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.

The company has a P/E ratio of 12.50.

Nuveen Preferred Income Opportunities Fund

Owners of Nuveen Preferred Income Opportunities Fund (NYSE: JPC) shares as of market close today will be eligible for a dividend of 6 cents per share. At a price of $8.74 as of 9:29 a.m. ET, the dividend yield is 8.7%.

The average volume for Nuveen Preferred Income Opportunities Fund has been 291,100 shares per day over the past 30 days. Nuveen Preferred Income Opportunities Fund has a market cap of $848.7 million and is part of the financial services industry. Shares are down 9.9% 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 7.74.

AGL Resources

Owners of AGL Resources (NYSE: GAS) shares as of market close today will be eligible for a dividend of 47 cents per share. At a price of $48.03 as of 9:30 a.m. ET, the dividend yield is 4%.

The average volume for AGL Resources has been 627,300 shares per day over the past 30 days. AGL Resources has a market cap of $5.7 billion and is part of the utilities industry. Shares are up 19% 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.

AGL Resources Inc., an energy services holding company, distributes natural gas to residential, commercial, industrial, and governmental customers in Illinois, Georgia, Virginia, New Jersey, Florida, Tennessee, and Maryland. The company has a P/E ratio of 14.37.

TheStreet Ratings rates AGL Resources as a buy. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, impressive record of earnings per share growth, compelling growth in net income, revenue growth and reasonable valuation levels. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full AGL Resources 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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