Ex-Dividend Alert: 5 Stocks Going Ex-Dividend Tomorrow: STON, ADTN, WPZ, BBD, BEAM

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, Feb. 4, 2014, 19 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.3% to 10%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar.

Highlighted Stocks Going Ex-Dividend Tomorrow:

Stonemor Partners

Owners of Stonemor Partners (NYSE: STON) shares as of market close today will be eligible for a dividend of 60 cents per share. At a price of $26.04 as of 9:33 a.m. ET, the dividend yield is 9.1%.

The average volume for Stonemor Partners has been 49,600 shares per day over the past 30 days. Stonemor Partners has a market cap of $566.2 million and is part of the diversified services industry. Shares are up 3.4% 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.

StoneMor Partners L.P., together with its subsidiaries, engages in the ownership and operation of cemeteries in the United States. It operates through Cemetery Operations Southeast, Cemetery Operations Northeast, Cemetery Operations West, and Funeral Homes segments.

TheStreet Ratings rates Stonemor Partners as a hold. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and generally higher debt management risk. You can view the full Stonemor Partners Ratings Report now.

Adtran

Owners of Adtran (NASDAQ: ADTN) shares as of market close today will be eligible for a dividend of 9 cents per share. At a price of $25.26 as of 9:35 a.m. ET, the dividend yield is 1.4%.

The average volume for Adtran has been 577,800 shares per day over the past 30 days. Adtran has a market cap of $1.5 billion and is part of the telecommunications industry. Shares are down 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.

ADTRAN, Inc. designs, manufactures, markets, services, and supports communications network solutions that enable voice, data, video, and Internet communications across various network infrastructures in the United States and internationally. The company has a P/E ratio of 41.17.

TheStreet Ratings rates Adtran 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 growth in earnings per share. However, as a counter to these strengths, we find that we feel that the company's cash flow from its operations has been weak overall. You can view the full Adtran Ratings Report now.

Williams Partners

Owners of Williams Partners (NYSE: WPZ) shares as of market close today will be eligible for a dividend of 89 cents per share. At a price of $50.37 as of 9:35 a.m. ET, the dividend yield is 7.1%.

The average volume for Williams Partners has been 635,100 shares per day over the past 30 days. Williams Partners has a market cap of $22.0 billion and is part of the chemicals industry. Shares are down 1.5% 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.

Williams Partners L.P., an energy infrastructure company, focuses on connecting North America's hydrocarbon resource plays to growing markets for natural gas and natural gas liquids (NGL). It operates in two segments, Gas Pipeline and Midstream Gas & Liquids. The company has a P/E ratio of 28.52.

TheStreet Ratings rates Williams Partners as a buy. The company's strengths can be seen in multiple areas, such as its 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 Williams Partners Ratings Report now.

Bank Bradesco

Owners of Bank Bradesco (NYSE: BBD) shares as of market close today will be eligible for a dividend of 1 cent per share. At a price of $10.52 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 $44.6 billion and is part of the banking industry. Shares are down 16% 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.

The company has a P/E ratio of 21.51.

Beam

Owners of Beam (NYSE: BEAM) shares as of market close today will be eligible for a dividend of 22 cents per share. At a price of $83.34 as of 9:35 a.m. ET, the dividend yield is 1.1%.

The average volume for Beam has been 2.1 million shares per day over the past 30 days. Beam has a market cap of $13.7 billion and is part of the food & beverage industry. Shares are up 22.4% 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.

Beam Inc. manufactures and sells distilled spirits worldwide. The company's principal products include bourbon whiskey, tequila, Scotch whisky, Canadian whisky, vodka, cognac, rum, cordials, and ready-to-drink pre-mixed cocktails. The company has a P/E ratio of 34.18.

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