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. Monday, Monday, March 09, 2015, 32 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0% to 9.3%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar. Highlighted Stocks Going Ex-Dividend Monday: Triangle Capital Corporation Owners of Triangle Capital Corporation (NYSE: TCAP) shares, as of market close today, will be eligible for a dividend of 59 cents per share. At a price of $24.91 as of 9:32 a.m. ET, the dividend yield is 8.8%. The average volume for Triangle Capital Corporation has been 285,400 shares per day over the past 30 days. Triangle Capital Corporation has a market cap of $816.5 million and is part of the financial services industry. Shares are up 22.3% 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. Triangle Capital Corporation is a business development company specializing in private equity and mezzanine investments. The company has a P/E ratio of 12.24. TheStreet Ratings rates Triangle Capital Corporation as a hold. Among the primary strengths of the company is its expanding profit margins over time. At the same time, however, we also find weaknesses including deteriorating net income, weak operating cash flow and disappointing return on equity. You can view the full Triangle Capital Corporation Ratings Report now.
HSN Owners of HSN (NASDAQ: HSNI) shares, as of market close today, will be eligible for a dividend of 35 cents per share. At a price of $67.07 as of 9:36 a.m. ET, the dividend yield is 2%. The average volume for HSN has been 366,100 shares per day over the past 30 days. HSN has a market cap of $3.6 billion and is part of the specialty retail industry. Shares are down 11.1% 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. HSN, Inc. operates as an interactive multi-channel retailer in the United States. It operates through two segments, HSN and Cornerstone. The company has a P/E ratio of 21.32. TheStreet Ratings rates HSN as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in stock price during the past year, reasonable valuation levels, growth in earnings per share 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 HSN Ratings Report now.
Patterson-UTI Energy Owners of Patterson-UTI Energy (NASDAQ: PTEN) shares, as of market close today, will be eligible for a dividend of 10 cents per share. At a price of $19.38 as of 9:37 a.m. ET, the dividend yield is 2.1%. The average volume for Patterson-UTI Energy has been 6.0 million shares per day over the past 30 days. Patterson-UTI Energy has a market cap of $2.7 billion and is part of the energy industry. Shares are up 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. Patterson-UTI Energy, Inc., through its subsidiaries, provides onshore contract drilling services to major and independent oil and natural gas operators in the United States and Canada. The company operates through three segments: Contract Drilling, Pressure Pumping, and Oil and Natural Gas. The company has a P/E ratio of 16.75. TheStreet Ratings rates Patterson-UTI Energy as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, increase in net income and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, weak operating cash flow and poor profit margins. You can view the full Patterson-UTI Energy 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.