Ex-Dividends To Watch: 3 Stocks Going Ex-Dividend Monday: HQL, MTX, QSR

Monday, Monday, November 23, 2015, 21 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.3% to 16.1%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar.

Highlighted Stocks Going Ex-Dividend Monday:

Tekla Life Sciences Investors

Owners of Tekla Life Sciences Investors (NYSE: HQL) shares, as of market close today, will be eligible for a dividend of 47 cents per share. At a price of $25.95 as of 9:36 a.m. ET, the dividend yield is 7.2%.

The average volume for Tekla Life Sciences Investors has been 84,800 shares per day over the past 30 days. Tekla Life Sciences Investors has a market cap of $517.2 million and is part of the financial services industry. Shares are up 4.5% year-to-date as of the close of trading on Thursday.

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Minerals Technologies

Owners of Minerals Technologies (NYSE: MTX) shares, as of market close today, will be eligible for a dividend of 5 cents per share. At a price of $60.10 as of 9:36 a.m. ET, the dividend yield is 0.3%.

The average volume for Minerals Technologies has been 261,600 shares per day over the past 30 days. Minerals Technologies has a market cap of $2.1 billion and is part of the chemicals industry. Shares are down 13.5% year-to-date as of the close of trading on Thursday.

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Minerals Technologies Inc. develops, produces, and markets various specialty mineral, mineral-based, and synthetic mineral products, and supporting systems and services worldwide. The company has a P/E ratio of 19.03.

TheStreet Ratings rates Minerals Technologies as a buy. The company's strengths can be seen in multiple areas, such as its attractive valuation levels and notable return on equity. We feel its strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Minerals Technologies Ratings Report now.

Restaurant Brands International

Owners of Restaurant Brands International (NYSE: QSR) shares, as of market close today, will be eligible for a dividend of 13 cents per share. At a price of $37.40 as of 9:37 a.m. ET, the dividend yield is 1.4%.

The average volume for Restaurant Brands International has been 1.0 million shares per day over the past 30 days. Restaurant Brands International has a market cap of $7.4 billion and is part of the leisure industry. Shares are down 4.6% year-to-date as of the close of trading on Thursday.

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Restaurant Brands International Inc. owns and operates quick service restaurants under the Burger King and Tim Hortons brand names. As of October 8, 2015, it franchised or owned approximately 19,000 restaurants in approximately 100 countries and U.S. territories worldwide.

TheStreet Ratings rates Restaurant Brands International as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity and generally higher debt management risk. You can view the full Restaurant Brands International 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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