5 With Upcoming Ex-Dividend Dates: IAE, PBT, BTE, ARE, AGU

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. 27, 2013, 134 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.1% 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 Tomorrow:

ING Asia Pacific High Dividend Equity Incom

Owners of ING Asia Pacific High Dividend Equity Incom (NYSE: IAE) shares as of market close today will be eligible for a dividend of 32 cents per share. At a price of $13.10 as of 9:32 a.m. ET, the dividend yield is 9.8%.

The average volume for ING Asia Pacific High Dividend Equity Incom has been 48,700 shares per day over the past 30 days. ING Asia Pacific High Dividend Equity Incom has a market cap of $165.5 million and is part of the financial services industry. Shares are down 16.8% year-to-date as of the close of trading on Tuesday.

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

Permian Basin Royalty

Owners of Permian Basin Royalty (NYSE: PBT) shares as of market close today will be eligible for a dividend of 7 cents per share. At a price of $13.14 as of 9:34 a.m. ET, the dividend yield is 6.6%.

The average volume for Permian Basin Royalty has been 162,700 shares per day over the past 30 days. Permian Basin Royalty has a market cap of $615.7 million and is part of the energy industry. Shares are up 7.8% year-to-date as of the close of trading on Tuesday.

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

Permian Basin Royalty Trust owns overriding royalty interests in various oil and gas properties in the United States. The company has a P/E ratio of 15.73.

TheStreet Ratings rates Permian Basin Royalty as a hold. 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 and increase in net income. However, as a counter to these strengths, we find that the growth in the company's earnings per share has not been good. You can view the full Permian Basin Royalty Ratings Report now.

Baytex Energy

Owners of Baytex Energy (NYSE: BTE) shares as of market close today will be eligible for a dividend of 21 cents per share. At a price of $39.18 as of 9:35 a.m. ET, the dividend yield is 6.4%.

The average volume for Baytex Energy has been 171,600 shares per day over the past 30 days. Baytex Energy has a market cap of $4.9 billion and is part of the energy industry. Shares are down 9.6% year-to-date as of the close of trading on Tuesday.

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

Baytex Energy Corp., an oil and gas company, engages in the acquisition, development, and production of crude oil and natural gas in the Western Canadian Sedimentary Basin; and the Williston Basin in the United States. The company offers heavy oil, light oil, and natural gas liquids. The company has a P/E ratio of 30.53.

TheStreet Ratings rates Baytex Energy as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, increase in net income, expanding profit margins and good cash flow from operations. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full Baytex Energy Ratings Report now.

Alexandria Real Estate Equities

Owners of Alexandria Real Estate Equities (NYSE: ARE) shares as of market close today will be eligible for a dividend of 68 cents per share. At a price of $64.37 as of 9:35 a.m. ET, the dividend yield is 4.2%.

The average volume for Alexandria Real Estate Equities has been 432,900 shares per day over the past 30 days. Alexandria Real Estate Equities has a market cap of $4.6 billion and is part of the real estate industry. Shares are down 7.2% year-to-date as of the close of trading on Tuesday.

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

Alexandria Real Estate Equities, Inc., a real estate investment trust (REIT), engages in the ownership, operation, management, development, acquisition, and redevelopment of properties for the life sciences industry. The company has a P/E ratio of 44.34.

TheStreet Ratings rates Alexandria Real Estate Equities as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income, good cash flow from operations, impressive record of earnings per share growth and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full Alexandria Real Estate Equities Ratings Report now.

Agrium

Owners of Agrium (NYSE: AGU) shares as of market close today will be eligible for a dividend of 75 cents per share. At a price of $91.45 as of 9:35 a.m. ET, the dividend yield is 3.3%.

The average volume for Agrium has been 1.0 million shares per day over the past 30 days. Agrium has a market cap of $13.3 billion and is part of the chemicals industry. Shares are down 8.3% year-to-date as of the close of trading on Tuesday.

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

Agrium Inc. engages in the retail of agricultural products and services. The company operates through three segments: Retail, Wholesale, and Advanced Technologies. The company has a P/E ratio of 10.36.

TheStreet Ratings rates Agrium as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Agrium 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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