Thursday's Ex-Dividends To Watch: PGZ, MNR, WTR, HBI, MUR

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, Feb. 13, 2014, 38 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0% to 11.8%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar.

Highlighted Stocks Going Ex-Dividend Thursday:

Principal Real Estate Income Fund

Owners of Principal Real Estate Income Fund (NYSE: PGZ) shares as of market close today will be eligible for a dividend of 14 cents per share. At a price of $17.73 as of 3:59 p.m. ET, the dividend yield is 9.5%.

The average volume for Principal Real Estate Income Fund has been 38,400 shares per day over the past 30 days. Principal Real Estate Income Fund has a market cap of $122.4 million and is part of the financial services industry. Shares are up 2.6% year-to-date as of the close of trading on Monday.

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Monmouth Real Estate Investment

Owners of Monmouth Real Estate Investment (NYSE: MNR) shares as of market close today will be eligible for a dividend of 15 cents per share. At a price of $9.75 as of 9:40 a.m. ET, the dividend yield is 6.3%.

The average volume for Monmouth Real Estate Investment has been 161,300 shares per day over the past 30 days. Monmouth Real Estate Investment has a market cap of $440.5 million and is part of the real estate industry. Shares are up 8% year-to-date as of the close of trading on Tuesday.

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Monmouth Real Estate Investment Corporation (MREIC) is a real estate investment trust. It owns, manages, and leases properties to investment-grade tenants on long-term leases. The firm invests in the public equity and real estate markets of the United States. The company has a P/E ratio of 21.00.

TheStreet Ratings rates Monmouth Real Estate Investment as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels and increase in net income. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, a generally disappointing performance in the stock itself and feeble growth in the company's earnings per share. You can view the full Monmouth Real Estate Investment Ratings Report now.

Aqua America

Owners of Aqua America (NYSE: WTR) shares as of market close today will be eligible for a dividend of 15 cents per share. At a price of $24.23 as of 9:39 a.m. ET, the dividend yield is 2.5%.

The average volume for Aqua America has been 836,300 shares per day over the past 30 days. Aqua America has a market cap of $4.2 billion and is part of the utilities industry. Shares are up 2.6% 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.

Aqua America, Inc., through its subsidiaries, operates regulated utilities that provide water or wastewater services in the United States. The company has a P/E ratio of 15.56.

TheStreet Ratings rates Aqua America as a buy. 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, notable return on equity, expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. You can view the full Aqua America Ratings Report now.

Hanesbrands

Owners of Hanesbrands (NYSE: HBI) shares as of market close today will be eligible for a dividend of 30 cents per share. At a price of $72.93 as of 9:40 a.m. ET, the dividend yield is 1.7%.

The average volume for Hanesbrands has been 693,600 shares per day over the past 30 days. Hanesbrands has a market cap of $7.1 billion and is part of the consumer non-durables industry. Shares are up 3.1% 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.

Hanesbrands Inc., a consumer goods company, engages in designing, manufacturing, sourcing, and selling a range of basic apparel in the United States. The company has a P/E ratio of 21.99.

TheStreet Ratings rates Hanesbrands as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, notable return on equity, good cash flow from operations 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 Hanesbrands Ratings Report now.

Murphy Oil Corporation

Owners of Murphy Oil Corporation (NYSE: MUR) shares as of market close today will be eligible for a dividend of 31 cents per share. At a price of $57.50 as of 9:40 a.m. ET, the dividend yield is 2.2%.

The average volume for Murphy Oil Corporation has been 1.6 million shares per day over the past 30 days. Murphy Oil Corporation has a market cap of $10.6 billion and is part of the energy industry. Shares are down 11.9% 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.

The company has a P/E ratio of 12.14.

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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