3 Stocks Going Ex-Dividend Tuesday: DLNG, LSTR, STBA

Tuesday, Tuesday, May 03, 2016, 14 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.5% to 13.6%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar. Highlighted Stocks Going Ex-Dividend Tuesday: Dynagas LNG Partners Owners of Dynagas LNG Partners (NYSE: DLNG) shares, as of market close today, will be eligible for a dividend of 42 cents per share. At a price of $15.66 as of 4:01 p.m. ET, the dividend yield is 10.9%. The average volume for Dynagas LNG Partners has been 216,400 shares per day over the past 30 days. Dynagas LNG Partners has a market cap of $549.0 million and is part of the transportation industry. Shares are up 60.9% year-to-date as of the close of trading on Thursday. 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. Dynagas LNG Partners LP, through its subsidiaries, operates in the seaborne transportation industry worldwide. The company owns and operates liquefied natural gas (LNG) vessels. The company has a P/E ratio of 9.67. TheStreet Ratings rates Dynagas LNG Partners as a sell. The company's weaknesses can be seen in multiple areas, such as its generally high debt management risk and generally disappointing historical performance in the stock itself. You can view the full Dynagas LNG Partners Ratings Report now.

Landstar System Owners of Landstar System (NASDAQ: LSTR) shares, as of market close today, will be eligible for a dividend of 8 cents per share. At a price of $65.55 as of 3:59 p.m. ET, the dividend yield is 0.5%. The average volume for Landstar System has been 420,700 shares per day over the past 30 days. Landstar System has a market cap of $2.9 billion and is part of the transportation industry. Shares are up 12.9% year-to-date as of the close of trading on Thursday. 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. Landstar System, Inc., together with its subsidiaries, provides integrated transportation management solutions in the United States and internationally. The company operates through two segments, Transportation Logistics and Insurance. The company has a P/E ratio of 19.89. TheStreet Ratings rates Landstar System 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, notable return on equity, growth in earnings per share and solid stock price performance. We feel its strengths outweigh the fact that the company shows low profit margins. You can view the full Landstar System Ratings Report now.

S&T Bancorp Owners of S&T Bancorp (NASDAQ: STBA) shares, as of market close today, will be eligible for a dividend of 19 cents per share. At a price of $25.97 as of 9:30 a.m. ET, the dividend yield is 2.9%. The average volume for S&T Bancorp has been 93,800 shares per day over the past 30 days. S&T Bancorp has a market cap of $899.8 million and is part of the banking industry. Shares are down 16.8% year-to-date as of the close of trading on Friday. 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. S&T Bancorp, Inc. operates as the bank holding company for S&T Bank that provides a range of financial services. It operates through three segments: Community Banking, Insurance, and Wealth Management. The company has a P/E ratio of 12.73. TheStreet Ratings rates S&T Bancorp as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, compelling growth in net income, expanding profit margins, growth in earnings per share and attractive valuation levels. We feel its strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full S&T Bancorp 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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