3 Stocks Going Ex-Dividend Tomorrow: MTR, CSG, FLO

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, August 27, 2014, 91 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.1% to 12.2%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar.

Highlighted Stocks Going Ex-Dividend Tomorrow:

Mesa Royalty

Owners of Mesa Royalty (NYSE: MTR) shares, as of market close today, will be eligible for a dividend of 27 cents per share. At a price of $30.25 as of 9:36 a.m. ET, the dividend yield is 10.2%.

The average volume for Mesa Royalty has been 16,100 shares per day over the past 30 days. Mesa Royalty has a market cap of $56.2 million and is part of the financial services industry. Shares are up 44.3% 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.

Mesa Royalty Trust holds net overriding royalty interests in various oil and gas properties in the United States. It has interests in properties located in the Hugoton field of Kansas; the San Juan Basin field of New Mexico and Colorado; and the Yellow Creek field of Wyoming. The company has a P/E ratio of 10.29.

TheStreet Ratings rates Mesa Royalty 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, notable return on equity, solid stock price performance and increase in net income. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full Mesa Royalty Ratings Report now.

Chambers Street Properties

Owners of Chambers Street Properties (NYSE: CSG) shares, as of market close today, will be eligible for a dividend of 4 cents per share. At a price of $7.80 as of 9:36 a.m. ET, the dividend yield is 6.4%.

The average volume for Chambers Street Properties has been 995,900 shares per day over the past 30 days. Chambers Street Properties has a market cap of $1.9 billion and is part of the real estate industry. Shares are up 1.8% 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.

Chambers Street Properties is a equity real estate investment trust. The firm invests in the real estate markets of United States, United Kingdom, and Germany. It focuses on acquiring, owning and operating the properties. The firm invests in industrial and office properties. The company has a P/E ratio of 156.60.

TheStreet Ratings rates Chambers Street Properties as a hold. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. You can view the full Chambers Street Properties Ratings Report now.

Flowers Foods

Owners of Flowers Foods (NYSE: FLO) shares, as of market close today, will be eligible for a dividend of 12 cents per share. At a price of $19.73 as of 9:36 a.m. ET, the dividend yield is 2.5%.

The average volume for Flowers Foods has been 1.1 million shares per day over the past 30 days. Flowers Foods has a market cap of $4.0 billion and is part of the food & beverage industry. Shares are down 8.1% 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.

Flowers Foods, Inc. produces and markets bakery foods in the United States. It operates in two segments, Direct-Store-Delivery (DSD) and Warehouse Delivery. The DSD segment produces and markets fresh bakery foods, including fresh breads, buns, rolls, tortillas, and snack cakes. The company has a P/E ratio of 23.39.

TheStreet Ratings rates Flowers Foods as a buy. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full Flowers Foods 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

3 Hold-Rated Dividend Stocks: AI, MTR, IRET

3 Hold-Rated Dividend Stocks: AI, MTR, IRET

Ex-Dividend Alert: 3 Stocks Going Ex-Dividend Tomorrow: MTR, IRT, PSEC

Ex-Dividend Alert: 3 Stocks Going Ex-Dividend Tomorrow: MTR, IRT, PSEC

Worst of the Worst: Stay Away From This Awful Energy Royalty Trust

Worst of the Worst: Stay Away From This Awful Energy Royalty Trust

3 Stocks With Upcoming Ex-Dividend Dates: MTR, CINR, STAG

3 Stocks With Upcoming Ex-Dividend Dates: MTR, CINR, STAG

What To Hold: 3 Hold-Rated Dividend Stocks MTR, HEES, TNH

What To Hold: 3 Hold-Rated Dividend Stocks MTR, HEES, TNH