Monday, Monday, March 28, 2016, 10 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.8% to 22.2%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar. Highlighted Stocks Going Ex-Dividend Monday: OCI Partners Owners of OCI Partners (NYSE: OCIP) shares, as of market close today, will be eligible for a dividend of 32 cents per share. At a price of $7.52 as of 9:35 a.m. ET, the dividend yield is 22.2%. The average volume for OCI Partners has been 50,700 shares per day over the past 30 days. OCI Partners has a market cap of $652.5 million and is part of the chemicals industry. Shares are up 7.7% year-to-date as of the close of trading on Wednesday. EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE. OCI Partners LP produces and sells methanol and ammonia in the United States. The company sells its products to industrial users and commercial traders for further processing or distribution. OCI GP LLC operates as the general partner of the company. The company has a P/E ratio of 9.02. TheStreet Ratings rates OCI Partners as a sell. The company's weaknesses can be seen in multiple areas, such as its generally high debt management risk, disappointing return on equity and generally disappointing historical performance in the stock itself. You can view the full OCI Partners Ratings Report now.
Armada Hoffler Properties Owners of Armada Hoffler Properties (NYSE: AHH) shares, as of market close today, will be eligible for a dividend of 18 cents per share. At a price of $10.80 as of 9:37 a.m. ET, the dividend yield is 6.6%. The average volume for Armada Hoffler Properties has been 210,500 shares per day over the past 30 days. Armada Hoffler Properties has a market cap of $326.6 million and is part of the real estate industry. Shares are up 3.6% year-to-date as of the close of trading on Wednesday. EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE. Armada Hoffler Properties, Inc. is a privately owned real estate investment trust. It invests in real estate markets of Mid-Atlantic United States. The firm is involved in developing, building, owning and managing high-quality, institutional-grade office, retail, and multifamily properties. The company has a P/E ratio of 14.47. TheStreet Ratings rates Armada Hoffler Properties as a sell. The company's weaknesses can be seen in multiple areas, such as its poor profit margins and feeble growth in its earnings per share. You can view the full Armada Hoffler Properties Ratings Report now.
ProAssurance Owners of ProAssurance (NYSE: PRA) shares, as of market close today, will be eligible for a dividend of 31 cents per share. At a price of $50.54 as of 9:30 a.m. ET, the dividend yield is 2.4%. The average volume for ProAssurance has been 205,000 shares per day over the past 30 days. ProAssurance has a market cap of $2.7 billion and is part of the insurance industry. Shares are up 4.5% year-to-date as of the close of trading on Wednesday. EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE. ProAssurance Corporation, an insurance holding company, provides property and casualty insurance, and reinsurance products in the United States. The company operates through four segments: Specialty Property and Casualty, Workers' Compensation, Lloyd's Syndicate, and Corporate. The company has a P/E ratio of 24.19. TheStreet Ratings rates ProAssurance as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, good cash flow from operations and solid stock price performance. We feel its strengths outweigh the fact that the company has had sub par growth in net income. You can view the full ProAssurance 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.