Dividend Watch: 3 Stocks Going Ex-Dividend Monday: FCFS, MDC, BAH

Monday, Monday, August 08, 2016, 22 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.3% to 13.3%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar.

Highlighted Stocks Going Ex-Dividend Monday:

First Cash Financial Services

Owners of First Cash Financial Services (NASDAQ: FCFS) shares, as of market close today, will be eligible for a dividend of 12 cents per share. At a price of $51.09 as of 4:00 p.m. ET, the dividend yield is 1%.

The average volume for First Cash Financial Services has been 170,900 shares per day over the past 30 days. First Cash Financial Services has a market cap of $1.4 billion and is part of the financial services industry. Shares are up 37.1% year-to-date as of the close of trading on Friday.

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First Cash Financial Services, Inc. operates retail-based pawn and consumer finance stores in the United States and Mexico. The company has a P/E ratio of 25.01.

TheStreet Ratings rates First Cash Financial Services as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures 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 First Cash Financial Services Ratings Report now.

M.D.C. Holdings

Owners of M.D.C. Holdings (NYSE: MDC) shares, as of market close today, will be eligible for a dividend of 25 cents per share. At a price of $26.32 as of 4:02 p.m. ET, the dividend yield is 3.7%.

The average volume for M.D.C. Holdings has been 620,700 shares per day over the past 30 days. M.D.C. Holdings has a market cap of $1.3 billion and is part of the materials & construction industry. Shares are up 3.1% year-to-date as of the close of trading on Friday.

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M.D.C. Holdings, Inc., through its subsidiaries, engages in homebuilding and financial services businesses in the United States. The company has a P/E ratio of 19.67.

TheStreet Ratings rates M.D.C. Holdings as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, growth in earnings per share, reasonable valuation levels and increase in net income. We feel its strengths outweigh the fact that the company shows weak operating cash flow. You can view the full M.D.C. Holdings Ratings Report now.

Booz Allen Hamilton

Owners of Booz Allen Hamilton (NYSE: BAH) shares, as of market close today, will be eligible for a dividend of 15 cents per share. At a price of $30.76 as of 4:02 p.m. ET, the dividend yield is 1.9%.

The average volume for Booz Allen Hamilton has been 1.1 million shares per day over the past 30 days. Booz Allen Hamilton has a market cap of $4.6 billion and is part of the diversified services industry. Shares are up 0.1% year-to-date as of the close of trading on Friday.

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Booz Allen Hamilton Holding Corporation provides management and technology, consulting, and engineering services to governments, corporations, and not-for-profit organizations in the United States and internationally. The company has a P/E ratio of 15.96.

TheStreet Ratings rates Booz Allen Hamilton as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, increase in net income, growth in earnings per share and notable return on equity. We feel its strengths outweigh the fact that the company shows low profit margins. You can view the full Booz Allen Hamilton 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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