Ex-Dividend Alert: 4 Stocks Going Ex-Dividend Monday: SRV, UTG, UIL, TUP

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. 16, 2013, 13 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 2.5% to 14.9%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar.

Highlighted Stocks Going Ex-Dividend Monday:

Cushing MLP Total Return Fund

Owners of Cushing MLP Total Return Fund (NYSE: SRV) shares as of market close today will be eligible for a dividend of 22 cents per share. At a price of $8.14 as of 3:59 p.m. ET, the dividend yield is 11.1%.

The average volume for Cushing MLP Total Return Fund has been 98,700 shares per day over the past 30 days. Cushing MLP Total Return Fund has a market cap of $271.6 million and is part of the financial services industry. Shares are up 12.3% 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.

Reaves Utility Income Fund

Owners of Reaves Utility Income Fund (AMEX: UTG) shares as of market close today will be eligible for a dividend of 13 cents per share. At a price of $24.37 as of 3:59 p.m. ET, the dividend yield is 6.4%.

The average volume for Reaves Utility Income Fund has been 65,100 shares per day over the past 30 days. Reaves Utility Income Fund has a market cap of $712.0 million and is part of the financial services industry. Shares are up 2.4% 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.

UIL Holdings Corporation

Owners of UIL Holdings Corporation (NYSE: UIL) shares as of market close today will be eligible for a dividend of 43 cents per share. At a price of $37.04 as of 4:07 p.m. ET, the dividend yield is 4.7%.

The average volume for UIL Holdings Corporation has been 353,900 shares per day over the past 30 days. UIL Holdings Corporation has a market cap of $2.1 billion and is part of the utilities industry. Shares are up 2.5% 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.

UIL Holdings Corporation, through its subsidiaries, operates in the regulated utility businesses. The company operates in three segments: Electric Distribution, Electric Transmission, and Gas Distribution. The company has a P/E ratio of 18.32.

TheStreet Ratings rates UIL Holdings Corporation as a buy. The company's strengths can be seen in multiple areas, such as its notable return on equity 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 UIL Holdings Corporation Ratings Report now.

Tupperware Brands Corporation

Owners of Tupperware Brands Corporation (NYSE: TUP) shares as of market close today will be eligible for a dividend of 62 cents per share. At a price of $93.29 as of 4:00 p.m. ET, the dividend yield is 2.6%.

The average volume for Tupperware Brands Corporation has been 387,200 shares per day over the past 30 days. Tupperware Brands Corporation has a market cap of $4.8 billion and is part of the consumer non-durables industry. Shares are up 47% 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.

Tupperware Brands Corporation operates as a direct seller of various products across a range of brands and categories through an independent sales force worldwide. The company has a P/E ratio of 19.75.

TheStreet Ratings rates Tupperware Brands Corporation as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, notable return on equity, expanding profit margins and growth in earnings per share. 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 Tupperware Brands Corporation 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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