4 Stocks Going Ex-Dividend Monday: GORO, TXRH, ROST, HPQ

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, Dec. 9, 2013, 16 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0% to 8.7%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar.

Highlighted Stocks Going Ex-Dividend Monday:

Gold Resource

Owners of Gold Resource (AMEX: GORO) shares as of market close today will be eligible for a dividend of 3 cents per share. At a price of $4.94 as of 9:39 a.m. ET, the dividend yield is 7.2%.

The average volume for Gold Resource has been 666,000 shares per day over the past 30 days. Gold Resource has a market cap of $268.4 million and is part of the metals & mining industry. Shares are down 67.6% year-to-date as of the close of trading on Thursday.

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Gold Resource Corporation engages in the exploration for and production of gold and silver in Mexico. The company also explores for copper, lead, and zinc. The company has a P/E ratio of 19.96.

TheStreet Ratings rates Gold Resource as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, expanding profit margins and notable return on equity. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, feeble growth in the company's earnings per share and deteriorating net income. You can view the full Gold Resource Ratings Report now.

Texas Roadhouse

Owners of Texas Roadhouse (NASDAQ: TXRH) shares as of market close today will be eligible for a dividend of 12 cents per share. At a price of $27.50 as of 9:40 a.m. ET, the dividend yield is 1.8%.

The average volume for Texas Roadhouse has been 609,100 shares per day over the past 30 days. Texas Roadhouse has a market cap of $1.9 billion and is part of the leisure industry. Shares are up 63.1% year-to-date as of the close of trading on Thursday.

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

Texas Roadhouse, Inc., together with its subsidiaries, operates a full service casual dining restaurant chain. The company operates its restaurants under the Texas Roadhouse and Aspen Creek names. The company has a P/E ratio of 25.13.

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

Ross Stores

Owners of Ross Stores (NASDAQ: ROST) shares as of market close today will be eligible for a dividend of 17 cents per share. At a price of $72.62 as of 9:40 a.m. ET, the dividend yield is 0.9%.

The average volume for Ross Stores has been 1.6 million shares per day over the past 30 days. Ross Stores has a market cap of $15.7 billion and is part of the retail industry. Shares are up 34.4% year-to-date as of the close of trading on Thursday.

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

Ross Stores, Inc., together with its subsidiaries, operates off-price retail apparel and home fashion stores under the Ross Dress for Less and dd's DISCOUNTS brand names in the United States. It primarily offers apparel, accessories, footwear, and home fashions for the entire family. The company has a P/E ratio of 18.49.

TheStreet Ratings rates Ross Stores as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, revenue growth, notable return on equity and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Ross Stores Ratings Report now.

Hewlett-Packard

Owners of Hewlett-Packard (NYSE: HPQ) shares as of market close today will be eligible for a dividend of 15 cents per share. At a price of $27.98 as of 9:40 a.m. ET, the dividend yield is 2.1%.

The average volume for Hewlett-Packard has been 16.3 million shares per day over the past 30 days. Hewlett-Packard has a market cap of $54.1 billion and is part of the computer hardware industry. Shares are up 91.2% year-to-date as of the close of trading on Thursday.

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

Hewlett-Packard Company and its subsidiaries provide products, technologies, software, solutions, and services to individual consumers, small-and medium-sized businesses (SMBs), and large enterprises, including customers in the government, health, and education sectors worldwide. The company has a P/E ratio of 10.74.

TheStreet Ratings rates Hewlett-Packard as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including poor profit margins, weak operating cash flow and generally higher debt management risk. You can view the full Hewlett-Packard 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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