Dividend Watch: 5 Stocks Going Ex-Dividend Thursday: EOD, OMI, LUK, RCL, DIS

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.

Thursday, Dec. 12, 2013, 55 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.2% to 16.3%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar.

Highlighted Stocks Going Ex-Dividend Thursday:

Wells Fargo Advantage Global Dividend Oppor

Owners of Wells Fargo Advantage Global Dividend Oppor (NYSE: EOD) shares as of market close today will be eligible for a dividend of 18 cents per share. At a price of $7.38 as of 4:04 p.m. ET, the dividend yield is 9.8%.

The average volume for Wells Fargo Advantage Global Dividend Oppor has been 206,500 shares per day over the past 30 days. Wells Fargo Advantage Global Dividend Oppor has a market cap of $361.8 million and is part of the financial services industry. Shares are down 2.8% 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.

Owens & Minor

Owners of Owens & Minor (NYSE: OMI) shares as of market close today will be eligible for a dividend of 24 cents per share. At a price of $37.20 as of 4:05 p.m. ET, the dividend yield is 2.6%.

The average volume for Owens & Minor has been 355,200 shares per day over the past 30 days. Owens & Minor has a market cap of $2.3 billion and is part of the wholesale industry. Shares are up 29.9% 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.

Owens & Minor, Inc., together with its subsidiaries, provides distribution, third-party logistics, and other supply-chain management services to healthcare providers and suppliers of medical and surgical products. The company has a P/E ratio of 21.79.

TheStreet Ratings rates Owens & Minor as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, reasonable valuation levels, largely solid financial position with reasonable debt levels by most measures 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 Owens & Minor Ratings Report now.

Leucadia National Corporation

Owners of Leucadia National Corporation (NYSE: LUK) shares as of market close today will be eligible for a dividend of 6 cents per share. At a price of $27.80 as of 4:02 p.m. ET, the dividend yield is 0.9%.

The average volume for Leucadia National Corporation has been 1.2 million shares per day over the past 30 days. Leucadia National Corporation has a market cap of $10.2 billion and is part of the food & beverage industry. Shares are up 17.9% 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.

Leucadia National Corporation, through its subsidiary, Jefferies Group LLC, primarily operates in the investment banking sector. The company has a P/E ratio of 9.76.

TheStreet Ratings rates Leucadia National Corporation as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, 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 sub par growth in net income. You can view the full Leucadia National Corporation Ratings Report now.

Royal Caribbean Cruises

Owners of Royal Caribbean Cruises (NYSE: RCL) shares as of market close today will be eligible for a dividend of 25 cents per share. At a price of $44.01 as of 4:00 p.m. ET, the dividend yield is 2.3%.

The average volume for Royal Caribbean Cruises has been 1.8 million shares per day over the past 30 days. Royal Caribbean Cruises has a market cap of $9.5 billion and is part of the leisure industry. Shares are up 29.4% 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.

Royal Caribbean Cruises Ltd. operates as a cruise company worldwide. It owns five cruise brands comprising Royal Caribbean International, Celebrity Cruises, Pullmantur, Azamara Club Cruises, and CDF Croisieres de France. The company has a P/E ratio of 135.50.

TheStreet Ratings rates Royal Caribbean Cruises 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, expanding profit margins 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 Royal Caribbean Cruises Ratings Report now.

Walt Disney

Owners of Walt Disney (NYSE: DIS) shares as of market close today will be eligible for a dividend of 86 cents per share. At a price of $71.57 as of 4:00 p.m. ET, the dividend yield is 1.2%.

The average volume for Walt Disney has been 7.5 million shares per day over the past 30 days. Walt Disney has a market cap of $125.6 billion and is part of the media industry. Shares are up 43.5% 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.

The Walt Disney Company operates as an entertainment company worldwide. The company operates in five segments: Media Networks, Parks and Resorts, Studio Entertainment, Consumer Products, and Interactive. The company has a P/E ratio of 21.14.

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