Dividend Watch: 3 Stocks Going Ex-Dividend Thursday: MTR, VNR, TERP

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.

Thursday, Thursday, May 28, 2015, 57 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.3% to 12.7%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar.

Highlighted Stocks Going Ex-Dividend Thursday:

Mesa Royalty

Owners of Mesa Royalty (NYSE: MTR) shares, as of market close today, will be eligible for a dividend of 6 cents per share. At a price of $19.01 as of 3:59 p.m. ET, the dividend yield is 12.5%.

The average volume for Mesa Royalty has been 6,800 shares per day over the past 30 days. Mesa Royalty has a market cap of $35.2 million and is part of the financial services industry. Shares are down 26.4% year-to-date as of the close of trading on Friday.

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Mesa Royalty Trust holds net overriding royalty interests in various oil and gas properties in the United States. It has interests in properties located in the Hugoton field of Kansas; the San Juan Basin field of New Mexico and Colorado; and the Yellow Creek field of Wyoming. The company has a P/E ratio of 5.52.

TheStreet Ratings rates Mesa Royalty as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and notable return on equity. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year. You can view the full Mesa Royalty Ratings Report now.

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