5 Stocks Going Ex-Dividend Tomorrow: IRR, ARI, TWI, STLD, A

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 Risk Managed Natural Resources Fund

Owners of ING Risk Managed Natural Resources Fund (NYSE: IRR) shares as of market close today will be eligible for a dividend of 25 cents per share. At a price of $10.07 as of 9:32 a.m. ET, the dividend yield is 10%.

The average volume for ING Risk Managed Natural Resources Fund has been 107,300 shares per day over the past 30 days. ING Risk Managed Natural Resources Fund has a market cap of $228.6 million and is part of the financial services industry. Shares are down 2.9% 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.

Apollo Commercial Real Estate Finance

Owners of Apollo Commercial Real Estate Finance (NYSE: ARI) shares as of market close today will be eligible for a dividend of 40 cents per share. At a price of $16.91 as of 9:35 a.m. ET, the dividend yield is 9.5%.

The average volume for Apollo Commercial Real Estate Finance has been 199,300 shares per day over the past 30 days. Apollo Commercial Real Estate Finance has a market cap of $621.9 million and is part of the real estate industry. Shares are up 3.9% 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.

Apollo Commercial Real Estate Finance, Inc. operates as a commercial real estate finance company in the United States. The company has a P/E ratio of 15.47.

TheStreet Ratings rates Apollo Commercial Real Estate Finance as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, expanding profit margins and increase in net income. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full Apollo Commercial Real Estate Finance Ratings Report now.

Titan International

Owners of Titan International (NYSE: TWI) shares as of market close today will be eligible for a dividend of 0 cents per share. At a price of $17.98 as of 9:35 a.m. ET, the dividend yield is 0.1%.

The average volume for Titan International has been 942,600 shares per day over the past 30 days. Titan International has a market cap of $956.4 million and is part of the consumer non-durables industry. Shares are down 17.8% 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.

Titan International, Inc., together with its subsidiaries, engages in the manufacture and sale of wheels, tires, and undercarriage systems and components for off-highway vehicles used in the agricultural, earthmoving/construction, and consumer markets in the United States and other countries. The company has a P/E ratio of 22.32.

TheStreet Ratings rates Titan International as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, reasonable valuation levels and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. You can view the full Titan International Ratings Report now.

Steel Dynamics

Owners of Steel Dynamics (NASDAQ: STLD) shares as of market close today will be eligible for a dividend of 11 cents per share. At a price of $19.47 as of 9:35 a.m. ET, the dividend yield is 2.3%.

The average volume for Steel Dynamics has been 2.0 million shares per day over the past 30 days. Steel Dynamics has a market cap of $4.3 billion and is part of the metals & mining industry. Shares are up 41% 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.

Steel Dynamics, Inc., together with its subsidiaries, produces and sells steel products in the United States and internationally. The company operates in three segments: Steel Operations, Metals Recycling and Ferrous Resources Operations, and Steel Fabrication Operations. The company has a P/E ratio of 22.78.

TheStreet Ratings rates Steel Dynamics as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, compelling growth in net income, good cash flow from operations, notable return on equity and solid stock price performance. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Steel Dynamics Ratings Report now.

Agilent Technologies

Owners of Agilent Technologies (NYSE: A) shares as of market close today will be eligible for a dividend of 13 cents per share. At a price of $57.37 as of 9:35 a.m. ET, the dividend yield is 0.9%.

The average volume for Agilent Technologies has been 2.4 million shares per day over the past 30 days. Agilent Technologies has a market cap of $19.0 billion and is part of the health services industry. Shares are up 39.8% 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.

Agilent Technologies, Inc. provides bio-analytical and electronic measurement solutions and services to the life sciences, chemical analysis, diagnostics and genomics, communications, and electronics industries worldwide. The company has a P/E ratio of 27.25.

TheStreet Ratings rates Agilent Technologies as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, reasonable valuation levels, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Agilent Technologies 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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