Ex-Dividend Alert: 5 Stocks Going Ex-Dividend Tomorrow: THI, SIX, VMC, HSY, SYMC

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:

Tim Hortons

Owners of Tim Hortons (NYSE: THI) shares as of market close today will be eligible for a dividend of 25 cents per share. At a price of $59.23 as of 9:33 a.m. ET, the dividend yield is 1.7%.

The average volume for Tim Hortons has been 231,900 shares per day over the past 30 days. Tim Hortons has a market cap of $8.7 billion and is part of the leisure industry. Shares are up 20.1% 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.

Tim Hortons Inc. engages in the development and franchising of quick service restaurants primarily in Canada and the United States. The company has a P/E ratio of 22.02.

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

Six Flags Entertainment

Owners of Six Flags Entertainment (NYSE: SIX) shares as of market close today will be eligible for a dividend of 47 cents per share. At a price of $38.75 as of 9:35 a.m. ET, the dividend yield is 4.9%.

The average volume for Six Flags Entertainment has been 738,600 shares per day over the past 30 days. Six Flags Entertainment has a market cap of $3.7 billion and is part of the leisure industry. Shares are up 25.5% 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.

Six Flags Entertainment Corporation owns and operates regional theme, water, and zoological parks. The company's parks offer various state-of-the-art and traditional thrill rides, water attractions, themed areas, concerts and shows, restaurants, game venues, and retail outlets. The company has a P/E ratio of 16.54.

TheStreet Ratings rates Six Flags Entertainment as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, 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 Six Flags Entertainment Ratings Report now.

Vulcan Materials Company

Owners of Vulcan Materials Company (NYSE: VMC) shares as of market close today will be eligible for a dividend of 1 cent per share. At a price of $55.72 as of 9:35 a.m. ET, the dividend yield is 0.1%.

The average volume for Vulcan Materials Company has been 646,900 shares per day over the past 30 days. Vulcan Materials Company has a market cap of $7.2 billion and is part of the materials & construction industry. Shares are up 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.

Vulcan Materials Company engages in the production and sale of construction aggregates, as well as asphalt mix, ready-mixed concrete, and cement primarily in the United States. The company operates in four segments: Aggregates, Concrete, Asphalt Mix, and Cement. The company has a P/E ratio of 503.09.

TheStreet Ratings rates Vulcan Materials Company as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. You can view the full Vulcan Materials Company Ratings Report now.

Hershey Company

Owners of Hershey Company (NYSE: HSY) shares as of market close today will be eligible for a dividend of 48 cents per share. At a price of $96.46 as of 9:35 a.m. ET, the dividend yield is 2%.

The average volume for Hershey Company has been 680,300 shares per day over the past 30 days. Hershey Company has a market cap of $15.9 billion and is part of the food & beverage industry. Shares are up 33.5% 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.

The Hershey Company, together with its subsidiaries, engages in manufacturing, marketing, selling, and distributing various chocolate and confectionery products, pantry items, and gum and mint refreshment products worldwide. The company has a P/E ratio of 28.26.

TheStreet Ratings rates Hershey Company as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, compelling growth in net income, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. You can view the full Hershey Company Ratings Report now.

Symantec

Owners of Symantec (NASDAQ: SYMC) shares as of market close today will be eligible for a dividend of 15 cents per share. At a price of $23.66 as of 9:35 a.m. ET, the dividend yield is 2.5%.

The average volume for Symantec has been 7.5 million shares per day over the past 30 days. Symantec has a market cap of $16.5 billion and is part of the computer software & services industry. Shares are up 25.6% 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.

Symantec Corporation and its subsidiaries provide security, backup, and availability solutions worldwide. Its products and services protect people and information in any digital environment from mobile devices, enterprise data centers, and cloud-based systems. The company has a P/E ratio of 20.56.

TheStreet Ratings rates Symantec as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income, reasonable valuation levels, good cash flow from operations and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full Symantec 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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