5 With Upcoming Ex-Dividend Dates: HL, TEN, SID, LTD, LYB

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. 21, 2013, 23 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0% to 6.7%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar.

Highlighted Stocks Going Ex-Dividend Tomorrow:

Hecla Mining Company

Owners of Hecla Mining Company (NYSE: HL) shares as of market close today will be eligible for a dividend of 0 cents per share. At a price of $3.03 as of 9:35 a.m. ET, the dividend yield is 0.3%.

The average volume for Hecla Mining Company has been 5.6 million shares per day over the past 30 days. Hecla Mining Company has a market cap of $1.0 billion and is part of the metals & mining industry. Shares are down 48.4% 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.

Hecla Mining Company, together with its subsidiaries, discovers, acquires, develops, produces, and markets precious and base metals worldwide. It offers unrefined gold and silver bullion bars to precious metals traders; and lead, zinc, and bulk concentrates to custom smelters.

TheStreet Ratings rates Hecla Mining Company as a hold. 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 expanding profit margins. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and disappointing return on equity. You can view the full Hecla Mining Company Ratings Report now.

Tenneco

Owners of Tenneco (NYSE: TEN) shares as of market close today will be eligible for a dividend of 5 cents per share. At a price of $54.95 as of 9:35 a.m. ET, the dividend yield is 0%.

The average volume for Tenneco has been 543,800 shares per day over the past 30 days. Tenneco has a market cap of $3.4 billion and is part of the automotive industry. Shares are up 54.9% 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.

Tenneco Inc. designs, manufactures, and sells emission control and ride control systems and products for light, commercial, and specialty vehicle applications worldwide. The company has a P/E ratio of 20.90.

TheStreet Ratings rates Tenneco as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Tenneco Ratings Report now.

Companhia Siderurgica Nacional

Owners of Companhia Siderurgica Nacional (NYSE: SID) shares as of market close today will be eligible for a dividend of 14 cents per share. At a price of $5.80 as of 9:35 a.m. ET, the dividend yield is 5.5%.

The average volume for Companhia Siderurgica Nacional has been 8.0 million shares per day over the past 30 days. Companhia Siderurgica Nacional has a market cap of $8.4 billion and is part of the metals & mining industry. Shares are down 2.9% 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.

Companhia Siderurgica Nacional operates as an integrated steel producer primarily in Brazil. The company principally produces carbon steel and various steel products for automotive, home appliance, packaging, construction, and steel processing industries.

TheStreet Ratings rates Companhia Siderurgica Nacional as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, compelling growth in net income and good cash flow from operations. 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 Companhia Siderurgica Nacional Ratings Report now.

L Brands

Owners of L Brands (NYSE: LTD) shares as of market close today will be eligible for a dividend of 30 cents per share. At a price of $63.84 as of 9:35 a.m. ET, the dividend yield is 1.9%.

The average volume for L Brands has been 2.0 million shares per day over the past 30 days. L Brands has a market cap of $18.6 billion and is part of the retail industry. Shares are up 36% 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.

L Brands, Inc. operates as a specialty retailer of women's intimate and other apparel, beauty and personal care products, and accessories. The company has a P/E ratio of 23.55.

TheStreet Ratings rates L Brands as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, growth in earnings per share, increase in net income and good cash flow from operations. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full L Brands Ratings Report now.

LyondellBasell Industries

Owners of LyondellBasell Industries (NYSE: LYB) shares as of market close today will be eligible for a dividend of 60 cents per share. At a price of $77.59 as of 9:35 a.m. ET, the dividend yield is 3.1%.

The average volume for LyondellBasell Industries has been 3.4 million shares per day over the past 30 days. LyondellBasell Industries has a market cap of $43.4 billion and is part of the chemicals industry. Shares are up 37.5% 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.

LyondellBasell Industries N.V., together with its subsidiaries, manufacturers and sells chemicals and polymers; refines crude oil; produces gasoline blending components; and develops and licenses technologies for the production of polymers. The company has a P/E ratio of 13.53.

TheStreet Ratings rates LyondellBasell Industries as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, largely solid financial position with reasonable debt levels by most measures, notable return on equity, attractive valuation levels and growth in earnings per share. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full LyondellBasell 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.

null

More from Markets

Oil Slumps, Gas Spikes Ahead of Holiday Weekend; Assessing the Chipmakers--ICYMI

Oil Slumps, Gas Spikes Ahead of Holiday Weekend; Assessing the Chipmakers--ICYMI

Week Ahead: Wall Street Looks to Jobs Report as North Korea Meeting Less Certain

Week Ahead: Wall Street Looks to Jobs Report as North Korea Meeting Less Certain

Dow and S&P 500 Decline, Energy Shares Fall as U.S. Crude Oil Slides 4%

Dow and S&P 500 Decline, Energy Shares Fall as U.S. Crude Oil Slides 4%

Replay: Jim Cramer on the Markets, 10-Year Yield, Oil Prices and Foot Locker

Replay: Jim Cramer on the Markets, 10-Year Yield, Oil Prices and Foot Locker

Video: You Could Live in a Ritz-Carlton or St. Regis Home

Video: You Could Live in a Ritz-Carlton or St. Regis Home