3 Stocks With Upcoming Ex-Dividend Dates: NEWM, AM, SONC

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:

New Media Investment Group

Owners of New Media Investment Group (NYSE: NEWM) shares, as of market close today, will be eligible for a dividend of 33 cents per share. At a price of $17.72 as of 4:02 p.m. ET, the dividend yield is 7.3%.

The average volume for New Media Investment Group has been 308,200 shares per day over the past 30 days. New Media Investment Group has a market cap of $808.7 million and is part of the media industry. Shares are down 9.2% year-to-date as of the close of trading on Friday.

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New Media Investment Group Inc. owns, operates, and invests in local media assets in the United States.. The company has a P/E ratio of 10.42.

TheStreet Ratings rates New Media Investment Group 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, solid stock price performance, reasonable valuation levels and compelling growth in net income. We feel its strengths outweigh the fact that the company shows weak operating cash flow. You can view the full New Media Investment Group Ratings Report now.

Antero Midstream Partners

Owners of Antero Midstream Partners (NYSE: AM) shares, as of market close today, will be eligible for a dividend of 25 cents per share. At a price of $25.36 as of 4:02 p.m. ET, the dividend yield is 3.9%.

The average volume for Antero Midstream Partners has been 543,800 shares per day over the past 30 days. Antero Midstream Partners has a market cap of $4.5 billion and is part of the energy industry. Shares are up 11.4% year-to-date as of the close of trading on Friday.

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Antero Midstream Partners LP owns, operates, and develops midstream energy assets. The company has a P/E ratio of 40.32.

TheStreet Ratings rates Antero Midstream Partners as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, growth in earnings per share and increase in net income. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year. You can view the full Antero Midstream Partners Ratings Report now.

Sonic

Owners of Sonic (NASDAQ: SONC) shares, as of market close today, will be eligible for a dividend of 11 cents per share. At a price of $27.27 as of 4:00 p.m. ET, the dividend yield is 1.6%.

The average volume for Sonic has been 1.2 million shares per day over the past 30 days. Sonic has a market cap of $1.3 billion and is part of the leisure industry. Shares are down 16.7% year-to-date as of the close of trading on Friday.

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Sonic Corp. operates and franchises a chain of quick-service drive-in restaurants in the United States. As of August 31, 2015, the company operated 3,526 Sonic Drive-Ins in 44 states, which included 387 company drive-ins and 3,139 franchise drive-ins. It also leases real estate properties. The company has a P/E ratio of 20.95.

TheStreet Ratings rates Sonic as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth and expanding profit margins. We feel its strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Sonic 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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