Dividend Watch: 5 Stocks Going Ex-Dividend Thursday: AHH, KYE, WMC, DEI, BBD

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. 26, 2013, 18 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.1% to 55.4%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar.

Highlighted Stocks Going Ex-Dividend Thursday:

Armada Hoffler Properties

Owners of Armada Hoffler Properties (NYSE: AHH) shares as of market close today will be eligible for a dividend of 16 cents per share. At a price of $9.38 as of 9:34 a.m. ET, the dividend yield is 6.7%.

The average volume for Armada Hoffler Properties has been 71,100 shares per day over the past 30 days. Armada Hoffler Properties has a market cap of $182.4 million and is part of the real estate industry. Shares are unchanged 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.

Kayne Anderson Energy Total Return Fund

Owners of Kayne Anderson Energy Total Return Fund (NYSE: KYE) shares as of market close today will be eligible for a dividend of 48 cents per share. At a price of $27.34 as of 9:30 a.m. ET, the dividend yield is 7.1%.

The average volume for Kayne Anderson Energy Total Return Fund has been 75,800 shares per day over the past 30 days. Kayne Anderson Energy Total Return Fund has a market cap of $965.7 million and is part of the financial services industry. Shares are up 10.9% 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.

Western Asset Mortgage Capital

At a price of $17.45 as of 9:35 a.m. ET, the dividend yield is 55.4%.

The average volume for Western Asset Mortgage Capital has been 599,600 shares per day over the past 30 days. Western Asset Mortgage Capital has a market cap of $412.7 million and is part of the real estate industry. Shares are down 14.1% 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.

Western Asset Mortgage Capital Corporation operates as a real estate investment trust (REIT) in the United States. It primarily engages in investing in, financing, and managing agency residential mortgage-backed securities.

TheStreet Ratings rates Western Asset Mortgage Capital as a sell. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share and deteriorating net income. You can view the full Western Asset Mortgage Capital Ratings Report now.

Douglas Emmett

Owners of Douglas Emmett (NYSE: DEI) shares as of market close today will be eligible for a dividend of 20 cents per share. At a price of $23.90 as of 9:35 a.m. ET, the dividend yield is 3.4%.

The average volume for Douglas Emmett has been 941,200 shares per day over the past 30 days. Douglas Emmett has a market cap of $3.4 billion and is part of the real estate industry. Shares are up 1.8% 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.

Douglas Emmett, Inc., a real estate investment trust, owns and operates office and multifamily properties in California and Hawaii. As of December 31, 2007, the company's office portfolio consisted of 48 properties and multifamily portfolio consisted of 9 properties. The company has a P/E ratio of 81.79.

TheStreet Ratings rates Douglas Emmett as a hold. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income and revenue growth. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and poor profit margins. You can view the full Douglas Emmett Ratings Report now.

Bank Bradesco

Owners of Bank Bradesco (NYSE: BBD) shares as of market close today will be eligible for a dividend of 11 cents per share. At a price of $12.30 as of 9:35 a.m. ET, the dividend yield is 0.3%.

The average volume for Bank Bradesco has been 7.4 million shares per day over the past 30 days. Bank Bradesco has a market cap of $50.3 billion and is part of the banking industry. Shares are down 29.5% 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 company has a P/E ratio of 21.51.

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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