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, September 22, 2014, 12 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 1.3% to 13.3%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar. Highlighted Stocks Going Ex-Dividend Monday: Putnam Master Intermediate Income Owners of Putnam Master Intermediate Income (NYSE: PIM) shares, as of market close today, will be eligible for a dividend of 3 cents per share. At a price of $5.01 as of 4:03 p.m. ET, the dividend yield is 6.2%. The average volume for Putnam Master Intermediate Income has been 151,800 shares per day over the past 30 days. Putnam Master Intermediate Income has a market cap of $299.5 million and is part of the financial services industry. Shares are down 0.4% year-to-date as of the close of trading on Tuesday. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. The company has a P/E ratio of 15.66.
Campus Crest Communities Owners of Campus Crest Communities (NYSE: CCG) shares, as of market close today, will be eligible for a dividend of 16 cents per share. At a price of $7.60 as of 4:02 p.m. ET, the dividend yield is 8.8%. The average volume for Campus Crest Communities has been 592,600 shares per day over the past 30 days. Campus Crest Communities has a market cap of $488.8 million and is part of the real estate industry. Shares are down 20% year-to-date as of the close of trading on Tuesday. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. Campus Crest Communities, Inc., a real estate investment trust (REIT), engages in the ownership, development, building, and management of student housing properties under the Grove brand name in the United States. TheStreet Ratings rates Campus Crest Communities as a hold. Among the primary strengths of the company is its generally strong cash flow from operations. At the same time, however, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and disappointing return on equity. You can view the full Campus Crest Communities Ratings Report now.
Eni SpA At a price of $48.78 as of 4:06 p.m. ET, the dividend yield is 4.7%. The average volume for Eni SpA has been 218,500 shares per day over the past 30 days. Eni SpA has a market cap of $87.9 billion and is part of the energy industry. Shares are up 1.3% year-to-date as of the close of trading on Tuesday. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. The company has a P/E ratio of 4.95. 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.