Ex-Dividend Alert: 3 Stocks Going Ex-Dividend Tuesday: FULL, MLHR, CR

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.

Tuesday, Tuesday, November 25, 2014, 75 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0% to 13.8%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar.

Highlighted Stocks Going Ex-Dividend Tuesday:

Full Circle Capital

Owners of Full Circle Capital (NASDAQ: FULL) shares, as of market close today, will be eligible for a dividend of 7 cents per share. At a price of $5.88 as of 4:00 p.m. ET, the dividend yield is 13.8%.

The average volume for Full Circle Capital has been 126,400 shares per day over the past 30 days. Full Circle Capital has a market cap of $69.5 million and is part of the financial services industry. Shares are down 17.3% 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.

Full Circle Capital Corporation is a business development company specializing in debt and equity securities of smaller and lower middle-market companies.

TheStreet Ratings rates Full Circle Capital 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 disappointing historical performance in the stock itself and feeble growth in its earnings per share. You can view the full Full Circle Capital Ratings Report now.

Herman Miller

Owners of Herman Miller (NASDAQ: MLHR) shares, as of market close today, will be eligible for a dividend of 14 cents per share. At a price of $31.00 as of 4:14 p.m. ET, the dividend yield is 1.8%.

The average volume for Herman Miller has been 367,000 shares per day over the past 30 days. Herman Miller has a market cap of $1.8 billion and is part of the consumer durables industry. Shares are up 5.3% 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.

Herman Miller, Inc. is engaged in the research, design, manufacture, and distribution of office furniture systems, seating products, other freestanding furniture elements, textiles, and related services in the United States and internationally.

TheStreet Ratings rates Herman Miller as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income, good cash flow from operations, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full Herman Miller Ratings Report now.

Crane

Owners of Crane (NYSE: CR) shares, as of market close today, will be eligible for a dividend of 33 cents per share. At a price of $61.78 as of 4:02 p.m. ET, the dividend yield is 2.2%.

The average volume for Crane has been 373,400 shares per day over the past 30 days. Crane has a market cap of $3.6 billion and is part of the industrial industry. Shares are down 9.2% 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.

Crane Co. manufactures and sells engineered industrial products in the United States and internationally. It operates in four segments: Aerospace & Electronics, Engineered Materials, Merchandising Systems, and Fluid Handling. The company has a P/E ratio of 19.42.

TheStreet Ratings rates Crane 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 a generally disappointing performance in the stock itself, deteriorating net income and disappointing return on equity. You can view the full Crane 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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