3 Stocks With Upcoming Ex-Dividend Dates: LAD, GPC, VTR

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:

Lithia Motors

Owners of Lithia Motors (NYSE: LAD) shares as of market close today will be eligible for a dividend of 13 cents per share. At a price of $63.37 as of 9:34 a.m. ET, the dividend yield is 0.8%.

The average volume for Lithia Motors has been 337,600 shares per day over the past 30 days. Lithia Motors has a market cap of $1.5 billion and is part of the specialty retail industry. Shares are down 10.4% year-to-date as of the close of trading on Monday.

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Lithia Motors, Inc. operates as an automotive franchisee and retailer of new and used vehicles in the United States. The company has a P/E ratio of 15.78.

TheStreet Ratings rates Lithia Motors as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and reasonable valuation levels. 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 Lithia Motors Ratings Report now.

Genuine Parts Company

Owners of Genuine Parts Company (NYSE: GPC) shares as of market close today will be eligible for a dividend of 58 cents per share. At a price of $88.04 as of 9:35 a.m. ET, the dividend yield is 2.6%.

The average volume for Genuine Parts Company has been 817,400 shares per day over the past 30 days. Genuine Parts Company has a market cap of $13.5 billion and is part of the wholesale industry. Shares are up 4.6% year-to-date as of the close of trading on Monday.

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Genuine Parts Company distributes automotive replacement parts, industrial replacement parts, office products, and electrical/electronic materials in the United States, Puerto Rico, the Dominican Republic, Mexico, and Canada. The company has a P/E ratio of 20.02.

TheStreet Ratings rates Genuine Parts Company as a buy. 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, solid stock price performance, good cash flow from operations 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 Genuine Parts Company Ratings Report now.

Ventas

Owners of Ventas (NYSE: VTR) shares as of market close today will be eligible for a dividend of 72 cents per share. At a price of $63.43 as of 9:35 a.m. ET, the dividend yield is 4.7%.

The average volume for Ventas has been 1.9 million shares per day over the past 30 days. Ventas has a market cap of $18.4 billion and is part of the real estate industry. Shares are up 9.6% year-to-date as of the close of trading on Monday.

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Ventas, Inc. is a publicly owned real estate investment trust. The firm engages in investment, management, financing, and leasing of properties in the healthcare industry. It invests in the real estate markets of the United States and Canada. The company has a P/E ratio of 37.61.

TheStreet Ratings rates Ventas as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, compelling growth in net income, reasonable valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full Ventas 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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