Ex-Dividend Alert: 3 Stocks Going Ex-Dividend Wednesday: NRP, GMLP, SIMO

Wednesday, Wednesday, August 03, 2016, 39 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 1% to 18.7%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar.

Highlighted Stocks Going Ex-Dividend Wednesday:

Natural Resources Partners

Owners of Natural Resources Partners (NYSE: NRP) shares, as of market close today, will be eligible for a dividend of 45 cents per share. At a price of $27.46 as of 4:02 p.m. ET, the dividend yield is 8.1%.

The average volume for Natural Resources Partners has been 56,500 shares per day over the past 30 days. Natural Resources Partners has a market cap of $271.0 million and is part of the metals & mining industry. Shares are up 92% year-to-date as of the close of trading on Friday.

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Natural Resource Partners L.P., through its subsidiaries, owns, operates, manages, and leases mineral properties in the United States. The company operates through four segments: Coal, Hard Mineral Royalty and Other; Soda Ash; VantaCore; and Oil and Gas.

TheStreet Ratings rates Natural Resources 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, weak operating cash flow and generally disappointing historical performance in the stock itself. You can view the full Natural Resources Partners Ratings Report now.

Golar LNG Partners

Owners of Golar LNG Partners (NASDAQ: GMLP) shares, as of market close today, will be eligible for a dividend of 58 cents per share. At a price of $18.64 as of 4:00 p.m. ET, the dividend yield is 12.3%.

The average volume for Golar LNG Partners has been 373,500 shares per day over the past 30 days. Golar LNG Partners has a market cap of $1.1 billion and is part of the transportation industry. Shares are up 42.8% year-to-date as of the close of trading on Friday.

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Golar LNG Partners LP owns and operates floating storage regasification units (FSRUs) and liquefied natural gas (LNG) carriers under long-term charters in Brazil, the United Arab Emirates, Indonesia, and Kuwait. The company also engages in the leasing of its fleets. The company has a P/E ratio of 7.86.

TheStreet Ratings rates Golar LNG Partners as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, generally higher debt management risk and a generally disappointing performance in the stock itself. You can view the full Golar LNG Partners Ratings Report now.

Silicon Motion Technology

Owners of Silicon Motion Technology (NASDAQ: SIMO) shares, as of market close today, will be eligible for a dividend of 15 cents per share. At a price of $52.75 as of 4:00 p.m. ET, the dividend yield is 1.4%.

The average volume for Silicon Motion Technology has been 562,600 shares per day over the past 30 days. Silicon Motion Technology has a market cap of $1.8 billion and is part of the electronics industry. Shares are up 64.9% year-to-date as of the close of trading on Friday.

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Silicon Motion Technology Corporation, a fabless semiconductor company, designs, develops, and markets semiconductor solutions for the mobile storage and mobile communications markets worldwide. The company has a P/E ratio of 29.13.

TheStreet Ratings rates Silicon Motion Technology as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, solid stock price performance and impressive record of earnings per share growth. 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 Silicon Motion Technology 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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