5 Stocks Going Ex-Dividend Tomorrow: NGPC, NBB, ELS, DCT, XEL

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. 24, 2013, 40 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.5% to 13.3%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar.

Highlighted Stocks Going Ex-Dividend Tomorrow:

NGP Capital Resources Company

Owners of NGP Capital Resources Company (NASDAQ: NGPC) shares as of market close today will be eligible for a dividend of 16 cents per share. At a price of $7.73 as of 9:30 a.m. ET, the dividend yield is 8.5%.

The average volume for NGP Capital Resources Company has been 73,900 shares per day over the past 30 days. NGP Capital Resources Company has a market cap of $154.4 million and is part of the financial services industry. Shares are up 4.3% year-to-date as of the close of trading on Friday.

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

NGP Capital Resources Company is a business development company specializing in investments in small and mid size and middle market companies. The company has a P/E ratio of 188.25.

TheStreet Ratings rates NGP Capital Resources Company as a hold. The company's strengths can be seen in multiple areas, such as its expanding profit margins, good cash flow from operations 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 feeble growth in the company's earnings per share. You can view the full NGP Capital Resources Company Ratings Report now.

Nuveen Build America Bond Fund

Owners of Nuveen Build America Bond Fund (NYSE: NBB) shares as of market close today will be eligible for a dividend of 2 cents per share. At a price of $18.50 as of 9:30 a.m. ET, the dividend yield is 7.6%.

The average volume for Nuveen Build America Bond Fund has been 100,700 shares per day over the past 30 days. Nuveen Build America Bond Fund has a market cap of $482.1 million and is part of the financial services industry. Shares are down 14% year-to-date as of the close of trading on Friday.

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

Equity Lifestyle Properties

Owners of Equity Lifestyle Properties (NYSE: ELS) shares as of market close today will be eligible for a dividend of 25 cents per share. At a price of $35.88 as of 9:35 a.m. ET, the dividend yield is 2.8%.

The average volume for Equity Lifestyle Properties has been 394,900 shares per day over the past 30 days. Equity Lifestyle Properties has a market cap of $2.9 billion and is part of the real estate industry. Shares are up 6.4% year-to-date as of the close of trading on Friday.

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

Equity LifeStyle Properties, Inc. is a publicly owned real estate investment trust (REIT). The firm engages in the ownership and operation of lifestyle oriented properties. The company has a P/E ratio of 44.80.

TheStreet Ratings rates Equity Lifestyle Properties as a hold. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, revenue growth and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow and poor profit margins. You can view the full Equity Lifestyle Properties Ratings Report now.

DCT Industrial

Owners of DCT Industrial (NYSE: DCT) shares as of market close today will be eligible for a dividend of 7 cents per share. At a price of $7.18 as of 9:35 a.m. ET, the dividend yield is 3.9%.

The average volume for DCT Industrial has been 4.5 million shares per day over the past 30 days. DCT Industrial has a market cap of $2.3 billion and is part of the real estate industry. Shares are up 10.6% year-to-date as of the close of trading on Friday.

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

DCT Industrial Trust Inc. operates as a publicly owned real estate investment trust. The firm provides its services to companies. Through its fund, it engages in the ownership, operation, and development of real estate properties.

TheStreet Ratings rates DCT Industrial as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations, increase in stock price during the past year and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full DCT Industrial Ratings Report now.

Xcel Energy

Owners of Xcel Energy (NYSE: XEL) shares as of market close today will be eligible for a dividend of 28 cents per share. At a price of $28.45 as of 9:35 a.m. ET, the dividend yield is 4%.

The average volume for Xcel Energy has been 3.4 million shares per day over the past 30 days. Xcel Energy has a market cap of $14.0 billion and is part of the utilities industry. Shares are up 5.4% year-to-date as of the close of trading on Friday.

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

Xcel Energy Inc., through its subsidiaries, engages in the generation, purchase, transmission, distribution, and sale of electricity in the United States. It operates through Regulated Electric Utility, Regulated Natural Gas Utility, and All Other segments. The company has a P/E ratio of 14.89.

TheStreet Ratings rates Xcel Energy as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, 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 Xcel Energy 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.

null

More from Markets

Oil, Energy Stocks, Recover After Volatile Week

Oil, Energy Stocks, Recover After Volatile Week

Flashback Friday: Nvidia Is the Ultimate Chip and Dip

Flashback Friday: Nvidia Is the Ultimate Chip and Dip

Pfizer Plans Price Hikes for 41 Drugs Next Year

Pfizer Plans Price Hikes for 41 Drugs Next Year

Dow Ends Higher on Dovish Trump Tariff Comments; Nasdaq Falls

Dow Ends Higher on Dovish Trump Tariff Comments; Nasdaq Falls

Homebuilder Stocks Rebound From Dip on Rate Hike Expectations

Homebuilder Stocks Rebound From Dip on Rate Hike Expectations