Ex-Dividend Alert: 5 Stocks Going Ex-Dividend Monday: IRS, ISD, SLH, ENR, TEVA

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, Nov. 18, 2013, 24 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.2% to 11.2%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar.

Highlighted Stocks Going Ex-Dividend Monday:

IRSA Inversiones y Representaciones

Owners of IRSA Inversiones y Representaciones (NYSE: IRS) shares as of market close today will be eligible for a dividend of 73 cents per share. At a price of $11.80 as of 4:01 p.m. ET, the dividend yield is 11.2%.

The average volume for IRSA Inversiones y Representaciones has been 63,900 shares per day over the past 30 days. IRSA Inversiones y Representaciones has a market cap of $681.1 million and is part of the real estate industry. Shares are up 68.9% 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.

IRSA Investments and Representations Inc., through its subsidiaries, is engaged in a range of diversified real estate related activities in Argentina. The company has a P/E ratio of 25.04.

TheStreet Ratings rates IRSA Inversiones y Representaciones as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, reasonable valuation levels and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow. You can view the full IRSA Inversiones y Representaciones Ratings Report now.

Prudential Short Duration High Yield Fund

Owners of Prudential Short Duration High Yield Fund (NYSE: ISD) shares as of market close today will be eligible for a dividend of 12 cents per share. At a price of $17.77 as of 3:59 p.m. ET, the dividend yield is 8.4%.

The average volume for Prudential Short Duration High Yield Fund has been 112,300 shares per day over the past 30 days. Shares are down 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.

Solera Holdings

Owners of Solera Holdings (NYSE: SLH) shares as of market close today will be eligible for a dividend of 17 cents per share. At a price of $64.90 as of 4:06 p.m. ET, the dividend yield is 1.1%.

The average volume for Solera Holdings has been 263,400 shares per day over the past 30 days. Solera Holdings has a market cap of $4.3 billion and is part of the computer software & services industry. Shares are up 19.2% 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.

Solera Holdings, Inc. provides software and services to insurance companies, collision repair facilities, independent assessors, automotive recyclers, automotive dealers, and households in the United States and internationally. The company has a P/E ratio of 47.43.

TheStreet Ratings rates Solera Holdings as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, solid stock price performance 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 Solera Holdings Ratings Report now.

Energizer Holdings

Owners of Energizer Holdings (NYSE: ENR) shares as of market close today will be eligible for a dividend of 50 cents per share. At a price of $107.19 as of 4:03 p.m. ET, the dividend yield is 1.9%.

The average volume for Energizer Holdings has been 500,300 shares per day over the past 30 days. Energizer Holdings has a market cap of $6.5 billion and is part of the consumer non-durables industry. Shares are up 32% 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 16.21.

Teva Pharmaceutical Industries

Owners of Teva Pharmaceutical Industries (NYSE: TEVA) shares as of market close today will be eligible for a dividend of 28 cents per share. At a price of $38.39 as of 4:02 p.m. ET, the dividend yield is 2.9%.

The average volume for Teva Pharmaceutical Industries has been 5.2 million shares per day over the past 30 days. Shares are up 1.1% 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.

Teva Pharmaceutical Industries Limited develops, manufactures, markets, and distributes pharmaceutical products worldwide. The company has a P/E ratio of 16.56.

TheStreet Ratings rates Teva Pharmaceutical Industries as a hold. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, disappointing return on equity and weak operating cash flow. You can view the full Teva Pharmaceutical Industries 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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