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, Friday, November 07, 2014, 20 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.6% to 24.7%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar. Highlighted Stocks Going Ex-Dividend Tomorrow: Energy Company of Parana Owners of Energy Company of Parana (NYSE: ELP) shares, as of market close today, will be eligible for a dividend of 57 cents per share. At a price of $13.47 as of 9:36 a.m. ET, the dividend yield is 8.3%. The average volume for Energy Company of Parana has been 644,900 shares per day over the past 30 days. Energy Company of Parana has a market cap of $3.8 billion and is part of the utilities industry. Shares are up 4.3% year-to-date as of the close of trading on Wednesday. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. Companhia Paranaense de Energia - COPEL is engaged in the generation, transmission, distribution, and sale of electricity to industrial, residential, commercial, and rural customers primarily in the State of Parana, Brazil. TheStreet Ratings rates Energy Company of Parana 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 attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including poor profit margins, weak operating cash flow and a generally disappointing performance in the stock itself. You can view the full Energy Company of Parana Ratings Report now.
Sturm Ruger Owners of Sturm Ruger (NYSE: RGR) shares, as of market close today, will be eligible for a dividend of 14 cents per share. At a price of $38.14 as of 9:36 a.m. ET, the dividend yield is 1.5%. The average volume for Sturm Ruger has been 399,800 shares per day over the past 30 days. Sturm Ruger has a market cap of $740.8 million and is part of the aerospace/defense industry. Shares are down 48.3% year-to-date as of the close of trading on Wednesday. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. Sturm, Ruger & Company, Inc. designs, manufactures, and sells firearms in the United States. The company has a P/E ratio of 9.49. TheStreet Ratings rates Sturm Ruger as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures and reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, poor profit margins and weak operating cash flow. You can view the full Sturm Ruger Ratings Report now.
WisdomTree Investments Owners of WisdomTree Investments (NASDAQ: WETF) shares, as of market close today, will be eligible for a dividend of 8 cents per share. At a price of $15.57 as of 9:36 a.m. ET, the dividend yield is 2.1%. The average volume for WisdomTree Investments has been 2.6 million shares per day over the past 30 days. WisdomTree Investments has a market cap of $2.0 billion and is part of the financial services industry. Shares are down 13% year-to-date as of the close of trading on Wednesday. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. WisdomTree Investments, Inc., through its subsidiaries, operates as an exchange-traded funds (ETFs) sponsor and asset manager. It offers ETFs in equities, currency, fixed income, and alternatives asset classes. The company has a P/E ratio of 28.49. TheStreet Ratings rates WisdomTree Investments as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, expanding profit margins, good cash flow from operations, notable return on equity and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full WisdomTree Investments 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.