Dividend Watch: 5 Stocks Going Ex-Dividend Monday: ANDE, CXW, FRT, CMCSK, CMCSA

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. 30, 2013, 24 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.7% to 8.6%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar.

Highlighted Stocks Going Ex-Dividend Monday:

Andersons

Owners of Andersons (NASDAQ: ANDE) shares as of market close today will be eligible for a dividend of 16 cents per share. At a price of $92.36 as of 9:34 a.m. ET, the dividend yield is 0.7%.

The average volume for Andersons has been 141,500 shares per day over the past 30 days. Andersons has a market cap of $1.7 billion and is part of the food & beverage industry. Shares are up 115.2% year-to-date as of the close of trading on Thursday.

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

The Andersons, Inc. engages in the grain, ethanol, plant nutrient, railcar leasing, turf and cob products, and consumer retailing businesses. It operates in six segments: Grain, Ethanol, Rail, Plant Nutrient, Turf & Specialty, and Retail. The company has a P/E ratio of 23.20.

TheStreet Ratings rates Andersons as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, solid stock price performance, increase in net income and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full Andersons Ratings Report now.

Corrections Corporation of America

Owners of Corrections Corporation of America (NYSE: CXW) shares as of market close today will be eligible for a dividend of 48 cents per share. At a price of $32.77 as of 9:33 a.m. ET, the dividend yield is 5.9%.

The average volume for Corrections Corporation of America has been 861,700 shares per day over the past 30 days. Corrections Corporation of America has a market cap of $3.8 billion and is part of the real estate industry. Shares are down 7.6% year-to-date as of the close of trading on Thursday.

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

Corrections Corporation of America, together with its subsidiaries, owns and operates privatized correctional and detention facilities in the United States. The company has a P/E ratio of 11.56.

TheStreet Ratings rates Corrections Corporation of America as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, compelling growth in net income, notable return on equity and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Corrections Corporation of America Ratings Report now.

Federal Realty Investment

Owners of Federal Realty Investment (NYSE: FRT) shares as of market close today will be eligible for a dividend of 78 cents per share. At a price of $102.15 as of 9:30 a.m. ET, the dividend yield is 3%.

The average volume for Federal Realty Investment has been 399,000 shares per day over the past 30 days. Federal Realty Investment has a market cap of $6.6 billion and is part of the real estate industry. Shares are down 2% year-to-date as of the close of trading on Thursday.

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

Federal Realty Investment Trust operates as a real estate investment trust, which engages in the ownership, management, development, and redevelopment of retail and mixed-use properties. The company has a P/E ratio of 46.86.

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

Comcast

Owners of Comcast (NASDAQ: CMCSK) shares as of market close today will be eligible for a dividend of 20 cents per share. At a price of $49.56 as of 9:34 a.m. ET, the dividend yield is 1.6%.

The average volume for Comcast has been 1.9 million shares per day over the past 30 days. Comcast has a market cap of $23.1 billion and is part of the media industry. Shares are up 38.1% year-to-date as of the close of trading on Thursday.

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

Comcast Corporation operates as a media and technology company worldwide. It operates through Cable Communications, Cable Networks, Broadcast Television, Filmed Entertainment, and Theme Parks segments. The company has a P/E ratio of 20.52.

TheStreet Ratings rates Comcast as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures 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 Comcast Ratings Report now.

Comcast

Owners of Comcast (NASDAQ: CMCSA) shares as of market close today will be eligible for a dividend of 20 cents per share. At a price of $51.47 as of 9:35 a.m. ET, the dividend yield is 1.5%.

The average volume for Comcast has been 10.2 million shares per day over the past 30 days. Comcast has a market cap of $109.5 billion and is part of the media industry. Shares are up 37.9% year-to-date as of the close of trading on Thursday.

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

Comcast Corporation operates as a media and technology company worldwide. It operates through Cable Communications, Cable Networks, Broadcast Television, Filmed Entertainment, and Theme Parks segments. The company has a P/E ratio of 21.37.

TheStreet Ratings rates Comcast as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures 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 Comcast 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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