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. Monday, Monday, May 12, 2014, 4:00 AM ET, 17 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.8% to 14.3%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar. Highlighted Stocks Going Ex-Dividend Monday:
Owners of CorEnergy Infrastructure (NYSE: CORR) shares as of market close today will be eligible for a dividend of 13 cents per share. At a price of $7.08 as of 9:32 a.m. ET, the dividend yield is 7.3%. The average volume for CorEnergy Infrastructure has been 122,500 shares per day over the past 30 days. CorEnergy Infrastructure has a market cap of $223.0 million and is part of the financial services industry. Shares are down 0.8% year-to-date as of the close of trading on Thursday. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. CorEnergy Infrastructure Trust, Inc. is a trust launched and managed by Corridor InfraTrust Management, LLC. The trust primarily owns midstream and downstream U.S. energy infrastructure assets subject to long-term triple net participating leases with energy companies. The company has a P/E ratio of 37.11. TheStreet Ratings rates CorEnergy Infrastructure as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, increase in net income and growth in earnings per share. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, disappointing return on equity and weak operating cash flow. You can view the full CorEnergy Infrastructure Ratings Report now.
Owners of Brink's (NYSE: BCO) shares as of market close today will be eligible for a dividend of 10 cents per share. At a price of $25.01 as of 9:36 a.m. ET, the dividend yield is 1.6%. The average volume for Brink's has been 543,600 shares per day over the past 30 days. Brink's has a market cap of $1.2 billion and is part of the diversified services industry. Shares are down 26.8% year-to-date as of the close of trading on Thursday. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. The Brink's Company, together with its subsidiaries, provides secure transportation, cash management, and other security-related services. The company operates through Latin America; Europe, Middle East, and Africa; North America; and Asia Pacific segments. The company has a P/E ratio of 113.18. TheStreet Ratings rates Brink's as a hold. Among the primary strengths of the company is its revenue growth. At the same time, however, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and poor profit margins. You can view the full Brink's Ratings Report now.
Owners of UBS (NYSE: UBS) shares as of market close today will be eligible for a dividend of 25 cents per share. At a price of $20.58 as of 9:36 a.m. ET, the dividend yield is 1.2%. The average volume for UBS has been 1.8 million shares per day over the past 30 days. UBS has a market cap of $80.7 billion and is part of the banking industry. Shares are up 8% year-to-date as of the close of trading on Thursday. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. UBS AG, a financial services firm, provides retail, wealth management, corporate and institutional banking, asset management, and investment banking products and services worldwide. The company's Wealth Management division provides financial services to high net worth individuals. The company has a P/E ratio of 19.44. TheStreet Ratings rates UBS as a hold. 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 and good cash flow from operations. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. You can view the full UBS 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.