Monday, Monday, June 27, 2016, 4 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.6% to 9.2%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar. Highlighted Stocks Going Ex-Dividend Monday: Templeton Emerging Markets Income Fund Owners of Templeton Emerging Markets Income Fund (NYSE: TEI) shares, as of market close today, will be eligible for a dividend of 20 cents per share. At a price of $10.38 as of 9:40 a.m. ET, the dividend yield is 7.6%. The average volume for Templeton Emerging Markets Income Fund has been 98,400 shares per day over the past 30 days. Templeton Emerging Markets Income Fund has a market cap of $504.9 million and is part of the financial services industry. Shares are up 6.7% 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. The company has a P/E ratio of 12.83.
Huaneng Power International At a price of $27.77 as of 9:41 a.m. ET, the dividend yield is 9.2%. The average volume for Huaneng Power International has been 84,400 shares per day over the past 30 days. Huaneng Power International has a market cap of $10.6 billion and is part of the utilities industry. Shares are down 16.2% 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. Huaneng Power International, Inc., an independent power producer, generates and sells electricity and heat to the regional or provincial grid companies in the People's Republic of China and Singapore. The company has a P/E ratio of 69.95. TheStreet Ratings rates Huaneng Power International as a hold. The company's strengths can be seen in multiple areas, such as its attractive valuation levels 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, generally higher debt management risk and feeble growth in the company's earnings per share. You can view the full Huaneng Power International Ratings Report now.
HDFC Bank Owners of HDFC Bank (NYSE: HDB) shares, as of market close today, will be eligible for a dividend of 40 cents per share. At a price of $64.93 as of 9:41 a.m. ET, the dividend yield is 0.6%. The average volume for HDFC Bank has been 645,900 shares per day over the past 30 days. HDFC Bank has a market cap of $55.5 billion and is part of the banking industry. Shares are up 8.3% 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. HDFC Bank Limited provides a range of banking and financial services to individuals and businesses in India, Bahrain, Hong Kong, and Dubai. The company operates in Treasury, Retail Banking, Wholesale Banking, and Other Banking Business segments. The company has a P/E ratio of 40.83. TheStreet Ratings rates HDFC Bank as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, increase in net income, notable return on equity and solid stock price performance. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full HDFC Bank 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.