4 With Upcoming Ex-Dividend Dates: TDW, EAT, AME, NOV

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, Dec. 4, 2013, 43 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.1% to 8.2%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar.

Highlighted Stocks Going Ex-Dividend Tomorrow:

Tidewater

Owners of Tidewater (NYSE: TDW) shares as of market close today will be eligible for a dividend of 25 cents per share. At a price of $57.13 as of 9:34 a.m. ET, the dividend yield is 1.8%.

The average volume for Tidewater has been 349,500 shares per day over the past 30 days. Tidewater has a market cap of $2.8 billion and is part of the energy industry. Shares are up 27.7% 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.

Tidewater Inc. provides offshore service vessels and marine support services through the operation of a fleet of marine service vessels. The company has a P/E ratio of 17.55.

TheStreet Ratings rates Tidewater 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, impressive record of earnings per share growth, increase in net income and attractive valuation levels. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Tidewater Ratings Report now.

Brinker International

Owners of Brinker International (NYSE: EAT) shares as of market close today will be eligible for a dividend of 24 cents per share. At a price of $46.58 as of 9:35 a.m. ET, the dividend yield is 2%.

The average volume for Brinker International has been 1.1 million shares per day over the past 30 days. Brinker International has a market cap of $3.2 billion and is part of the leisure industry. Shares are up 50.9% year-to-date as of the close of trading on Monday.

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Brinker International, Inc. owns, develops, operates, and franchises full-service casual dining restaurants under the Chili's Grill & Bar and Maggiano's Little Italy brands primarily in the United States. As of September 25, 2013, it owned, operated, or franchised 1,596 restaurants. The company has a P/E ratio of 20.81.

TheStreet Ratings rates Brinker International as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, increase in net income and reasonable valuation levels. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. You can view the full Brinker International Ratings Report now.

Ametek

Owners of Ametek (NYSE: AME) shares as of market close today will be eligible for a dividend of 6 cents per share. At a price of $48.63 as of 9:35 a.m. ET, the dividend yield is 0.5%.

The average volume for Ametek has been 1.7 million shares per day over the past 30 days. Ametek has a market cap of $12.0 billion and is part of the industrial industry. Shares are up 30% 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.

AMETEK, Inc. manufactures and sells electronic instruments and electromechanical devices in North America, Europe, Asia, and South America. The company operates in two segments, Electronic Instruments Group and Electromechanical Group. The company has a P/E ratio of 24.13.

TheStreet Ratings rates Ametek as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, revenue growth, largely solid financial position with reasonable debt levels by most measures, expanding profit margins and good cash flow from operations. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full Ametek Ratings Report now.

National Oilwell Varco

Owners of National Oilwell Varco (NYSE: NOV) shares as of market close today will be eligible for a dividend of 26 cents per share. At a price of $81.44 as of 9:35 a.m. ET, the dividend yield is 1.3%.

The average volume for National Oilwell Varco has been 2.8 million shares per day over the past 30 days. National Oilwell Varco has a market cap of $34.9 billion and is part of the energy industry. Shares are up 19.2% 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.

National Oilwell Varco, Inc. provides equipment and components for oil and gas drilling and production; oilfield services; and supply chain integration services to the upstream oil and gas industry worldwide. The company has a P/E ratio of 14.95.

TheStreet Ratings rates National Oilwell Varco 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, attractive valuation levels, good cash flow from operations and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full National Oilwell Varco 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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