3 Stocks With Upcoming Ex-Dividend Dates: ROL, IGT, CAKE

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:

Rollins

Owners of Rollins (NYSE: ROL) shares, as of market close today, will be eligible for a dividend of 10 cents per share. At a price of $28.19 as of 4:02 p.m. ET, the dividend yield is 1.4%.

The average volume for Rollins has been 348,000 shares per day over the past 30 days. Rollins has a market cap of $6.1 billion and is part of the diversified services industry. Shares are up 8.8% year-to-date as of the close of trading on Friday.

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Rollins, Inc., through its subsidiaries, provides pest and termite control services to residential and commercial customers. The company has a P/E ratio of 38.64.

TheStreet Ratings rates Rollins as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, growth in earnings per share, increase in net income and largely solid financial position with reasonable debt levels by most measures. We feel its strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full Rollins Ratings Report now.

International Game Technology

Owners of International Game Technology (NYSE: IGT) shares, as of market close today, will be eligible for a dividend of 20 cents per share. At a price of $21.11 as of 4:02 p.m. ET, the dividend yield is 3.9%.

The average volume for International Game Technology has been 913,700 shares per day over the past 30 days. International Game Technology has a market cap of $4.1 billion and is part of the leisure industry. Shares are up 29.2% year-to-date as of the close of trading on Friday.

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International Game Technology PLC operates and provides technology products and services across lotteries, electronic gaming machines, sports betting, and interactive gaming markets worldwide.

TheStreet Ratings rates International Game Technology as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income and generally high debt management risk. You can view the full International Game Technology Ratings Report now.

Cheesecake Factory

Owners of Cheesecake Factory (NASDAQ: CAKE) shares, as of market close today, will be eligible for a dividend of 24 cents per share. At a price of $52.34 as of 4:00 p.m. ET, the dividend yield is 1.8%.

The average volume for Cheesecake Factory has been 769,800 shares per day over the past 30 days. Cheesecake Factory has a market cap of $2.5 billion and is part of the leisure industry. Shares are up 12.2% year-to-date as of the close of trading on Friday.

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The Cheesecake Factory Incorporated operates full-service and casual dining restaurants primarily in the United States. The company has a P/E ratio of 21.57.

TheStreet Ratings rates Cheesecake Factory 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, revenue growth, notable return on equity and reasonable valuation levels. We feel its strengths outweigh the fact that the company shows low profit margins. You can view the full Cheesecake Factory 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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