3 Stocks With Upcoming Ex-Dividend Dates: IRET, RCII, BRFS

Tomorrow, Wednesday, December 30, 2015, 35 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.9% to 18.2%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar.

Highlighted Stocks Going Ex-Dividend Tomorrow:

Investors Real Estate

Owners of Investors Real Estate (NYSE: IRET) shares, as of market close today, will be eligible for a dividend of 13 cents per share. At a price of $7.14 as of 9:36 a.m. ET, the dividend yield is 7.4%.

The average volume for Investors Real Estate has been 648,200 shares per day over the past 30 days. Investors Real Estate has a market cap of $859.4 million and is part of the real estate industry. Shares are down 13.2% year-to-date as of the close of trading on Monday.

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Investors Real Estate Trust is a real estate investment trust. The trust invests in real estate markets of United States. It is primarily engaged in investment and operation of the the real estate assets. The company has a P/E ratio of 50.14.

TheStreet Ratings rates Investors Real Estate as a hold. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, revenue growth and notable return on equity. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, weak operating cash flow and poor profit margins. You can view the full Investors Real Estate Ratings Report now.

Rent-A-Center

Owners of Rent-A-Center (NASDAQ: RCII) shares, as of market close today, will be eligible for a dividend of 24 cents per share. At a price of $15.18 as of 9:36 a.m. ET, the dividend yield is 6.2%.

The average volume for Rent-A-Center has been 1.1 million shares per day over the past 30 days. Rent-A-Center has a market cap of $825.2 million and is part of the diversified services industry. Shares are down 58.8% year-to-date as of the close of trading on Monday.

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Rent-A-Center, Inc., together with its subsidiaries, leases household durable goods to customers on a rent-to-own basis. The company operates in four segments: Core U.S., Acceptance Now, Mexico, and Franchising. The company has a P/E ratio of 11.52.

TheStreet Ratings rates Rent-A-Center 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 reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and a generally disappointing performance in the stock itself. You can view the full Rent-A-Center Ratings Report now.

BRF

Owners of BRF (NYSE: BRFS) shares, as of market close today, will be eligible for a dividend of 2 cents per share. At a price of $15.12 as of 9:36 a.m. ET, the dividend yield is 0.9%.

The average volume for BRF has been 2.2 million shares per day over the past 30 days. BRF has a market cap of $11.9 billion and is part of the food & beverage industry. Shares are down 34.9% year-to-date as of the close of trading on Monday.

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BRF S.A., together with its subsidiaries, focuses on raising, producing, and slaughtering poultry, pork, and beef in Brazil. It operates in three segments: Domestic Market (Brazil), Foreign Market (International), and Food Service. The company has a P/E ratio of 30.47.

TheStreet Ratings rates BRF as a hold. The company's strengths can be seen in multiple areas, such as its notable return on equity, reasonable valuation levels and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, weak operating cash flow and a generally disappointing performance in the stock itself. You can view the full BRF 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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