3 Stocks Going Ex-Dividend Tomorrow: GFI, SEE, CHRW

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, Wednesday, March 5, 2014, 5:00 AM ET, 37 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.1% to 10.7%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar.

Highlighted Stocks Going Ex-Dividend Tomorrow:

Gold Fields

Owners of Gold Fields (NYSE: GFI) shares as of market close today will be eligible for a dividend of 1 cent per share. At a price of $3.66 as of 9:35 a.m. ET, the dividend yield is 0.4%.

The average volume for Gold Fields has been 5.4 million shares per day over the past 30 days. Gold Fields has a market cap of $2.8 billion and is part of the metals & mining industry. Shares are up 16.9% year-to-date as of the close of trading on Monday.

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

Gold Fields Limited engages in the acquisition, exploration, development, and production of gold properties. It also explores for copper. The company holds interests in six operating mines in South Africa, Peru, Ghana, and Australia. The company has a P/E ratio of 4.10.

TheStreet Ratings rates Gold Fields as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, poor profit margins, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share. You can view the full Gold Fields Ratings Report now.

Sealed Air Corporation

Owners of Sealed Air Corporation (NYSE: SEE) shares as of market close today will be eligible for a dividend of 13 cents per share. At a price of $34.39 as of 9:35 a.m. ET, the dividend yield is 1.5%.

The average volume for Sealed Air Corporation has been 1.6 million shares per day over the past 30 days. Sealed Air Corporation has a market cap of $6.7 billion and is part of the consumer non-durables industry. Shares are down 0.8% year-to-date as of the close of trading on Monday.

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

Sealed Air Corporation, through its subsidiaries, provides food safety and security, facility hygiene, and product protection solutions worldwide. The company operates through three segments: Food & Beverage (F&B), Institutional & Laundry (I&L), and Protective Packaging. The company has a P/E ratio of 77.36.

TheStreet Ratings rates Sealed Air Corporation as a hold. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, revenue growth and good cash flow from operations. However, as a counter to these strengths, we find that the company has favored debt over equity in the management of its balance sheet. You can view the full Sealed Air Corporation Ratings Report now.

CH Robinson Worldwide

Owners of CH Robinson Worldwide (NASDAQ: CHRW) shares as of market close today will be eligible for a dividend of 35 cents per share. At a price of $52.24 as of 9:35 a.m. ET, the dividend yield is 2.7%.

The average volume for CH Robinson Worldwide has been 2.1 million shares per day over the past 30 days. CH Robinson Worldwide has a market cap of $7.9 billion and is part of the transportation industry. Shares are down 11.1% year-to-date as of the close of trading on Monday.

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

C.H. Robinson Worldwide, Inc., a third-party logistics company, provides freight transportation services and logistics solutions to companies in various industries worldwide. The company has a P/E ratio of 19.57.

TheStreet Ratings rates CH Robinson Worldwide as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full CH Robinson Worldwide 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.
null

If you liked this article you might like

A Gold Stock That You Just Can't Ignore in 2018

A Gold Stock That You Just Can't Ignore in 2018

3 Stocks to Avoid for St. Patrick's Day

3 Stocks to Avoid for St. Patrick's Day

Gold Is Feeling the Pressure

Gold Is Feeling the Pressure

Gold Buckles Under Dollar Strength, Hawkish Fed Certainty

Gold Buckles Under Dollar Strength, Hawkish Fed Certainty

Gold Fields (GFI) Stock Climbs on Higher Gold Prices

Gold Fields (GFI) Stock Climbs on Higher Gold Prices