Ex-Dividends To Watch: 5 Stocks Going Ex-Dividend Tomorrow: UMH, ERC, ARMK, KKR, ABC

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. 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 Tomorrow:

UMH Properties

Owners of UMH Properties (NYSE: UMH) shares as of market close today will be eligible for a dividend of 18 cents per share. At a price of $9.56 as of 9:39 a.m. ET, the dividend yield is 7.6%.

The average volume for UMH Properties has been 79,600 shares per day over the past 30 days. UMH Properties has a market cap of $190.0 million and is part of the real estate industry. Shares are up 1.8% 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.

UMH Properties, Inc. (UMH) is a real estate investment trust. The firm engages in the ownership and operation of manufactured home communities. It leases manufactured home spaces to private manufactured home owners, as well as leases homes to residents. The company has a P/E ratio of 30.74.

TheStreet Ratings rates UMH Properties as a hold. Among the primary strengths of the company is its robust revenue growth -- not just in the most recent periods but in previous quarters as well. At the same time, however, we also find weaknesses including feeble growth in the company's earnings per share, unimpressive growth in net income and disappointing return on equity. You can view the full UMH Properties Ratings Report now.

WELLS FARGO ADVANTAGE MULTI-SEC INC FD

Owners of WELLS FARGO ADVANTAGE MULTI-SEC INC FD (AMEX: ERC) shares as of market close today will be eligible for a dividend of 10 cents per share. At a price of $14.32 as of 9:39 a.m. ET, the dividend yield is 8.4%.

The average volume for WELLS FARGO ADVANTAGE MULTI-SEC INC FD has been 157,200 shares per day over the past 30 days. WELLS FARGO ADVANTAGE MULTI-SEC INC FD has a market cap of $603.9 million and is part of the financial services industry. Shares are up 2.1% 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.

ARAMARK Holdings

Owners of ARAMARK Holdings (NYSE: ARMK) shares as of market close today will be eligible for a dividend of 8 cents per share. At a price of $26.77 as of 9:38 a.m. ET, the dividend yield is 0%.

The average volume for ARAMARK Holdings has been 898,800 shares per day over the past 30 days. ARAMARK Holdings has a market cap of $6.1 billion and is part of the leisure industry. Shares are up 1.9% 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.

KKR

Owners of KKR (NYSE: KKR) shares as of market close today will be eligible for a dividend of 48 cents per share. At a price of $24.33 as of 9:40 a.m. ET, the dividend yield is 5.7%.

The average volume for KKR has been 2.3 million shares per day over the past 30 days. KKR has a market cap of $7.1 billion and is part of the financial services industry. Shares are down 0.4% 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.

Kohlberg Kravis Roberts & Co. is a private equity investment firm specializing in acquisitions, leveraged buyouts, management buyouts, special situations, growth equity, mature, and middle market investments. The company has a P/E ratio of 10.64.

TheStreet Ratings rates KKR as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share and compelling growth in net income. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full KKR Ratings Report now.

AmerisourceBergen

Owners of AmerisourceBergen (NYSE: ABC) shares as of market close today will be eligible for a dividend of 24 cents per share. At a price of $68.13 as of 9:40 a.m. ET, the dividend yield is 1.4%.

The average volume for AmerisourceBergen has been 1.7 million shares per day over the past 30 days. AmerisourceBergen has a market cap of $15.2 billion and is part of the wholesale industry. Shares are down 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.

AmerisourceBergen Corporation sources and distributes pharmaceutical products to healthcare providers, pharmaceutical and biotech manufacturers, and specialty drug patients in the United States and internationally. The company has a P/E ratio of 42.27.

TheStreet Ratings rates AmerisourceBergen as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance 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 AmerisourceBergen 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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