Ex-Dividends To Watch: 5 Stocks Going Ex-Dividend Thursday: GAIN, NEU, ARCC, TEX, NKE

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:

Gladstone Investment Corporation

Owners of Gladstone Investment Corporation (NASDAQ: GAIN) shares as of market close today will be eligible for a dividend of 6 cents per share. At a price of $7.55 as of 4:00 p.m. ET, the dividend yield is 9.6%.

The average volume for Gladstone Investment Corporation has been 200,600 shares per day over the past 30 days. Gladstone Investment Corporation has a market cap of $199.4 million and is part of the financial services industry. Shares are up 8.2% 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.

Gladstone Investment Corporation is a business development company specializing in buyout, recapitalization, and changes in control investments. The company has a P/E ratio of 6.38.

TheStreet Ratings rates Gladstone Investment Corporation as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, compelling growth in net income, expanding profit margins, good cash flow from operations and notable return on equity. 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 Gladstone Investment Corporation Ratings Report now.

NewMarket Corporation

At a price of $327.20 as of 4:02 p.m. ET, the dividend yield is 1.4%.

The average volume for NewMarket Corporation has been 40,100 shares per day over the past 30 days. NewMarket Corporation has a market cap of $4.3 billion and is part of the chemicals industry. Shares are up 25% 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.

NewMarket Corporation, through its subsidiaries, engages in the petroleum additives and real estate development businesses. It operates in two segments, Petroleum Additives and Real Estate Development. The company has a P/E ratio of 17.99.

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

Ares Capital Corporation

Owners of Ares Capital Corporation (NASDAQ: ARCC) shares as of market close today will be eligible for a dividend of 43 cents per share. At a price of $17.75 as of 4:00 p.m. ET, the dividend yield is 8.3%.

The average volume for Ares Capital Corporation has been 1.6 million shares per day over the past 30 days. Ares Capital Corporation has a market cap of $5.1 billion and is part of the financial services industry. Shares are up 4.4% 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.

Ares Capital Corporation specializes in acquisition, recapitalization, mezzanine debt, restructurings, rescue financing, and leveraged buyout transactions of middle market companies. It also makes growth capital and general refinancing. The company has a P/E ratio of 8.78.

TheStreet Ratings rates Ares Capital Corporation as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, expanding profit margins, notable return on equity, increase in stock price during the past year 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 Ares Capital Corporation Ratings Report now.

Terex

Owners of Terex (NYSE: TEX) shares as of market close today will be eligible for a dividend of 5 cents per share. At a price of $38.44 as of 4:02 p.m. ET, the dividend yield is 0.5%.

The average volume for Terex has been 2.0 million shares per day over the past 30 days. Terex has a market cap of $4.2 billion and is part of the industrial industry. Shares are up 37.7% 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.

Terex Corporation operates as an equipment manufacturer of specialized machinery products. The company has a P/E ratio of 44.46.

TheStreet Ratings rates Terex as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, increase in net income, solid stock price performance and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full Terex Ratings Report now.

Nike

Owners of Nike (NYSE: NKE) shares as of market close today will be eligible for a dividend of 24 cents per share. At a price of $79.22 as of 4:00 p.m. ET, the dividend yield is 1.2%.

The average volume for Nike has been 4.0 million shares per day over the past 30 days. Nike has a market cap of $56.8 billion and is part of the consumer non-durables industry. Shares are up 54.6% 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.

NIKE, Inc., together with its subsidiaries, engages in the design, development, marketing, and sale of athletic footwear, apparel, equipment, and accessories, as well as in the provision of services to men, women, and kids worldwide. The company has a P/E ratio of 27.35.

TheStreet Ratings rates Nike 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, notable return on equity, solid stock price performance and impressive record of earnings per share growth. 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 Nike 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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