Dividend Watch: 3 Stocks Going Ex-Dividend Tomorrow: LDR, MDU, FNV

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, Tuesday, September 09, 2014, 10 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.4% to 8.6%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar.

Highlighted Stocks Going Ex-Dividend Tomorrow:

Landauer

Owners of Landauer (NYSE: LDR) shares, as of market close today, will be eligible for a dividend of 55 cents per share. At a price of $35.32 as of 9:35 a.m. ET, the dividend yield is 6%.

The average volume for Landauer has been 44,200 shares per day over the past 30 days. Landauer has a market cap of $347.6 million and is part of the electronics industry. Shares are down 32.9% year-to-date as of the close of trading on Friday.

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Landauer, Inc., together with its subsidiaries, provides technical and analytical services, outsourced medical physics services, and radiology related medical products Worldwide. The company operates in three segments: Radiation Measurement, Medical Physics, and Medical Products.

TheStreet Ratings rates Landauer as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, weak operating cash flow, generally high debt management risk and generally disappointing historical performance in the stock itself. You can view the full Landauer Ratings Report now.

MDU Resources Group

Owners of MDU Resources Group (NYSE: MDU) shares, as of market close today, will be eligible for a dividend of 18 cents per share. At a price of $31.61 as of 9:36 a.m. ET, the dividend yield is 2.3%.

The average volume for MDU Resources Group has been 561,100 shares per day over the past 30 days. MDU Resources Group has a market cap of $6.1 billion and is part of the utilities industry. Shares are up 3.6% year-to-date as of the close of trading on Friday.

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MDU Resources Group, Inc. operates as a diversified natural resource company in the United States. The company's Electric segment generates, transmits, and distributes electricity in Montana, North Dakota, South Dakota, and Wyoming. The company has a P/E ratio of 20.70.

TheStreet Ratings rates MDU Resources Group as a buy. 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, compelling growth in net income, revenue growth and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full MDU Resources Group Ratings Report now.

Franco-Nevada

Owners of Franco-Nevada (NYSE: FNV) shares, as of market close today, will be eligible for a dividend of 20 cents per share. At a price of $54.93 as of 9:36 a.m. ET, the dividend yield is 1.5%.

The average volume for Franco-Nevada has been 519,100 shares per day over the past 30 days. Franco-Nevada has a market cap of $8.1 billion and is part of the metals & mining industry. Shares are up 37% year-to-date as of the close of trading on Friday.

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Franco-Nevada Corporation operates as a gold-focused royalty and stream company in the United States, Canada, Mexico, Australia, and Africa. The company also has interests in platinum group metal, oil and gas, and other resource properties. The company has a P/E ratio of 304.28.

TheStreet Ratings rates Franco-Nevada as a hold. 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 and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, premium valuation and weak operating cash flow. You can view the full Franco-Nevada 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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