3 Stocks Going Ex-Dividend Monday: VNRAP, VNR, ANDE

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:

Vanguard Natural Resources

Owners of Vanguard Natural Resources (NASDAQ: VNRAP) shares, as of market close today, will be eligible for a dividend of 16 cents per share. At a price of $25.08 as of 9:46 a.m. ET, the dividend yield is 7.7%.

The average volume for Vanguard Natural Resources has been 10,900 shares per day over the past 30 days. Vanguard Natural Resources has a market cap of $65.1 million and is part of the energy industry. Shares are down 3.6% 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.

Vanguard Natural Resources

Owners of Vanguard Natural Resources (NASDAQ: VNR) shares, as of market close today, will be eligible for a dividend of 21 cents per share. At a price of $26.74 as of 9:46 a.m. ET, the dividend yield is 9%.

The average volume for Vanguard Natural Resources has been 485,000 shares per day over the past 30 days. Vanguard Natural Resources has a market cap of $2.3 billion and is part of the energy industry. Shares are down 7% 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.

Vanguard Natural Resources, LLC, through its subsidiaries, acquires and develops oil and natural gas properties in the United States. The company has a P/E ratio of 1402.00.

TheStreet Ratings rates Vanguard Natural Resources as a hold. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, expanding profit margins and notable return on equity. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, generally higher debt management risk and relatively poor performance when compared with the S&P 500 during the past year. You can view the full Vanguard Natural Resources Ratings Report now.

Andersons

Owners of Andersons (NASDAQ: ANDE) shares, as of market close today, will be eligible for a dividend of 11 cents per share. At a price of $62.24 as of 9:45 a.m. ET, the dividend yield is 0.7%.

The average volume for Andersons has been 289,300 shares per day over the past 30 days. Andersons has a market cap of $1.8 billion and is part of the food & beverage 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.

The Andersons, Inc. is engaged in the grain, ethanol, plant nutrient, railcar leasing, turf and cob products, and consumer retailing businesses. It operates in six segments: Grain, Ethanol, Rail, Plant Nutrient, Turf & Specialty, and Retail. The company has a P/E ratio of 15.72.

TheStreet Ratings rates Andersons as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, attractive valuation levels 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 Andersons 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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