3 Stocks Going Ex-Dividend Wednesday: DV, EAT, WM

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.

Wednesday, Wednesday, December 03, 2014, 39 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.1% to 14.3%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar.

Highlighted Stocks Going Ex-Dividend Wednesday:

DeVry Education Group

Owners of DeVry Education Group (NYSE: DV) shares, as of market close today, will be eligible for a dividend of 18 cents per share. At a price of $48.64 as of 4:02 p.m. ET, the dividend yield is 0.7%.

The average volume for DeVry Education Group has been 439,700 shares per day over the past 30 days. DeVry Education Group has a market cap of $3.1 billion and is part of the diversified services industry. Shares are up 37.6% year-to-date as of the close of trading on Friday.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

DeVry Education Group Inc. provides educational services worldwide. It operates in three segments: Medical and Healthcare; International and Professional Educational; and Business, Technology and Management. The company has a P/E ratio of 19.54.

TheStreet Ratings rates DeVry Education Group as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures and reasonable valuation levels. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full DeVry Education Group Ratings Report now.

Brinker International

Owners of Brinker International (NYSE: EAT) shares, as of market close today, will be eligible for a dividend of 28 cents per share. At a price of $56.19 as of 4:04 p.m. ET, the dividend yield is 2%.

The average volume for Brinker International has been 1.0 million shares per day over the past 30 days. Brinker International has a market cap of $3.5 billion and is part of the leisure industry. Shares are up 21.6% year-to-date as of the close of trading on Friday.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

Brinker International, Inc. owns, develops, operates, and franchises casual dining restaurants under the Chili's Grill & Bar and Maggiano's Little Italy brands worldwide. As of September 24, 2014, it owned, operated, or franchised 1,622 restaurants. The company has a P/E ratio of 23.85.

TheStreet Ratings rates Brinker International as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, good cash flow from operations, solid stock price performance and growth in earnings per share. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. You can view the full Brinker International Ratings Report now.

Waste Management

Owners of Waste Management (NYSE: WM) shares, as of market close today, will be eligible for a dividend of 38 cents per share. At a price of $48.49 as of 4:05 p.m. ET, the dividend yield is 3.1%.

The average volume for Waste Management has been 1.8 million shares per day over the past 30 days. Waste Management has a market cap of $22.3 billion and is part of the materials & construction industry. Shares are up 8.6% year-to-date as of the close of trading on Friday.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

Waste Management, Inc. provides waste management environmental services to residential, commercial, industrial, and municipal customers in North America. It offers collection, transfer, recycling and resource recovery, and disposal services. The company has a P/E ratio of 211.74.

TheStreet Ratings rates Waste Management as a buy. The company's strengths can be seen in multiple areas, such as its expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. You can view the full Waste Management 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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