Ex-Dividends To Watch: 4 Stocks Going Ex-Dividend Tomorrow: PPR, UMBF, NBR, PPL

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. 6, 2013, 18 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.7% to 9.4%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar.

Highlighted Stocks Going Ex-Dividend Tomorrow:

ING Prime Rate

Owners of ING Prime Rate (NYSE: PPR) shares as of market close today will be eligible for a dividend of 3 cents per share. At a price of $5.89 as of 9:39 a.m. ET, the dividend yield is 6.4%.

The average volume for ING Prime Rate has been 418,000 shares per day over the past 30 days. ING Prime Rate has a market cap of $867.2 million and is part of the financial services industry. Shares are down 4.8% year-to-date as of the close of trading on Wednesday.

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The company has a P/E ratio of 10.30.

UMB Financial Corporation

Owners of UMB Financial Corporation (NASDAQ: UMBF) shares as of market close today will be eligible for a dividend of 22 cents per share. At a price of $61.48 as of 9:40 a.m. ET, the dividend yield is 1.4%.

The average volume for UMB Financial Corporation has been 277,400 shares per day over the past 30 days. UMB Financial Corporation has a market cap of $2.8 billion and is part of the banking industry. Shares are up 41.4% year-to-date as of the close of trading on Wednesday.

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UMB Financial Corporation, through its subsidiaries, offers various banking and other financial services in the United States. The company operates through four segments: Bank, Payment Solutions, Institutional Investment Management, and Asset Servicing. The company has a P/E ratio of 20.87.

TheStreet Ratings rates UMB Financial Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, increase in net income, solid stock price performance and expanding profit margins. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full UMB Financial Corporation Ratings Report now.

Nabors Industries

Owners of Nabors Industries (NYSE: NBR) shares as of market close today will be eligible for a dividend of 4 cents per share. At a price of $16.77 as of 9:40 a.m. ET, the dividend yield is 0.9%.

The average volume for Nabors Industries has been 3.5 million shares per day over the past 30 days. Nabors Industries has a market cap of $5.0 billion and is part of the energy industry. Shares are up 16.4% year-to-date as of the close of trading on Wednesday.

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Nabors Industries Ltd., together with its subsidiaries, operates as a land drilling contractor in the United States, Canada, and internationally. The company has a P/E ratio of 30.51.

TheStreet Ratings rates Nabors Industries as a hold. The company's strengths can be seen in multiple areas, such as its expanding profit margins, largely solid financial position with reasonable debt levels by most measures and increase in stock price during the past year. 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 Nabors Industries Ratings Report now.

PPL

Owners of PPL (NYSE: PPL) shares as of market close today will be eligible for a dividend of 37 cents per share. At a price of $30.70 as of 9:40 a.m. ET, the dividend yield is 4.8%.

The average volume for PPL has been 4.6 million shares per day over the past 30 days. PPL has a market cap of $19.4 billion and is part of the utilities industry. Shares are up 7.8% year-to-date as of the close of trading on Wednesday.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

PPL Corporation, an energy and utility holding company, engages in the generation, transmission, distribution, and sale of electricity to wholesale and retail customers in the United States and the United Kingdom. The company operates in four segments: Kentucky Regulated, U.K. The company has a P/E ratio of 12.30.

TheStreet Ratings rates PPL as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, increase in stock price during the past year, expanding profit margins and attractive 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 PPL 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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