Ex-Dividends To Watch: 3 Stocks Going Ex-Dividend Monday: JW.A, HCC, RJF

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 29, 2014, 29 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.7% 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 Monday:

John Wiley & Sons

Owners of John Wiley & Sons (NYSE: JW.A) shares, as of market close today, will be eligible for a dividend of 29 cents per share. At a price of $57.49 as of 9:45 a.m. ET, the dividend yield is 2%.

The average volume for John Wiley & Sons has been 167,100 shares per day over the past 30 days. John Wiley & Sons has a market cap of $2.9 billion and is part of the media industry. Shares are up 4.1% 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.

John Wiley & Sons, Inc. provides knowledge and knowledge-enabled services in the areas of research, professional practice, and education worldwide. It operates in three segments: Research, Professional Development, and Education. The company has a P/E ratio of 21.74.

TheStreet Ratings rates John Wiley & Sons as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full John Wiley & Sons Ratings Report now.

HCC Insurance Holdings

Owners of HCC Insurance Holdings (NYSE: HCC) shares, as of market close today, will be eligible for a dividend of 30 cents per share. At a price of $48.54 as of 9:46 a.m. ET, the dividend yield is 2.4%.

The average volume for HCC Insurance Holdings has been 306,600 shares per day over the past 30 days. HCC Insurance Holdings has a market cap of $4.9 billion and is part of the insurance industry. Shares are up 5.1% 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.

HCC Insurance Holdings, Inc. underwrites non-correlated specialty insurance products worldwide. The company operates in five segments: U.S. Property & Casualty, Professional Liability, Accident & Health, U.S. Surety & Credit, and International. The U.S. The company has a P/E ratio of 11.75.

TheStreet Ratings rates HCC Insurance Holdings as a buy. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, revenue growth, largely solid financial position with reasonable debt levels by most measures, growth in earnings per share and attractive valuation levels. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full HCC Insurance Holdings Ratings Report now.

Raymond James Financial

Owners of Raymond James Financial (NYSE: RJF) shares, as of market close today, will be eligible for a dividend of 16 cents per share. At a price of $54.74 as of 9:46 a.m. ET, the dividend yield is 1.2%.

The average volume for Raymond James Financial has been 616,600 shares per day over the past 30 days. Raymond James Financial has a market cap of $7.7 billion and is part of the financial services industry. Shares are up 4% 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.

Raymond James Financial, Inc., a financial holding company, through its subsidiaries, is engaged in the underwriting, distribution, trading, and brokerage of equity and debt securities, as well as the sale of mutual funds and other investment products in the United States, Canada, and Europe. The company has a P/E ratio of 16.93.

TheStreet Ratings rates Raymond James Financial as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Raymond James Financial 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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