Ex-Dividend Alert: 3 Stocks Going Ex-Dividend Tuesday: OHAI, AHT, OFC

Tuesday, Tuesday, June 28, 2016, 130 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.4% 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 Tuesday:

OHA Investment

Owners of OHA Investment (NASDAQ: OHAI) shares, as of market close today, will be eligible for a dividend of 6 cents per share. At a price of $2.35 as of 3:59 p.m. ET, the dividend yield is 9.8%.

The average volume for OHA Investment has been 40,700 shares per day over the past 30 days. OHA Investment has a market cap of $49.2 million and is part of the financial services industry. Shares are down 36.6% year-to-date as of the close of trading on Thursday.

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OHA Investment Corporation is a business development company specializing in investments in small and mid size and middle market private companies.

TheStreet Ratings rates OHA Investment as a sell. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, deteriorating net income, disappointing return on equity and generally disappointing historical performance in the stock itself. You can view the full OHA Investment Ratings Report now.

Ashford Hospitality

Owners of Ashford Hospitality (NYSE: AHT) shares, as of market close today, will be eligible for a dividend of 12 cents per share. At a price of $5.28 as of 9:40 a.m. ET, the dividend yield is 8.6%.

The average volume for Ashford Hospitality has been 582,400 shares per day over the past 30 days. Ashford Hospitality has a market cap of $533.9 million and is part of the real estate industry. Shares are down 13.9% year-to-date as of the close of trading on Friday.

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Ashford Hospitality Trust, Inc. is a publicly owned real estate investment trust. The firm engages in investment and management of properties in the hospitality industry. It invests in the real estate markets of the United States.

TheStreet Ratings rates Ashford Hospitality as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, poor profit margins, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share. You can view the full Ashford Hospitality Ratings Report now.

Corporate Office Properties

Owners of Corporate Office Properties (NYSE: OFC) shares, as of market close today, will be eligible for a dividend of 28 cents per share. At a price of $28.17 as of 9:41 a.m. ET, the dividend yield is 3.9%.

The average volume for Corporate Office Properties has been 516,500 shares per day over the past 30 days. Corporate Office Properties has a market cap of $2.7 billion and is part of the real estate industry. Shares are up 29.9% year-to-date as of the close of trading on Friday.

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Corporate Office Properties Trust, a real estate investment trust (REIT), engages in the acquisition, development, ownership, management, and leasing of suburban office properties. The company has a P/E ratio of 16.55.

TheStreet Ratings rates Corporate Office Properties as a hold. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, good cash flow from operations and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, poor profit margins and feeble growth in the company's earnings per share. You can view the full Corporate Office Properties 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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