Tomorrow, Wednesday, March 09, 2016, 86 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0% to 14.7%. All of these stocks can be found on our

stocks going ex-dividend

section of our

dividend calendar

.

Highlighted Stocks Going Ex-Dividend Tomorrow:

Delaware Enhanced Global Dividend & Income

Owners of

Delaware Enhanced Global Dividend & Income

(NYSE:

DEX

) shares, as of market close today, will be eligible for a dividend of 8 cents per share. At a price of $8.89 as of 9:31 a.m. ET, the dividend yield is 10.1%.

The average volume for Delaware Enhanced Global Dividend & Income has been 80,200 shares per day over the past 30 days. Delaware Enhanced Global Dividend & Income has a market cap of $141.5 million and is part of the financial services industry. Shares are down 4.5% year-to-date as of the close of trading on Monday.

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PIMCO Income Strategy Fund II

Owners of

PIMCO Income Strategy Fund II

(NYSE:

PFN

) shares, as of market close today, will be eligible for a dividend of 8 cents per share. At a price of $8.39 as of 9:30 a.m. ET, the dividend yield is 11.4%.

The average volume for PIMCO Income Strategy Fund II has been 206,000 shares per day over the past 30 days. PIMCO Income Strategy Fund II has a market cap of $498.2 million and is part of the financial services industry. Shares are down 3.8% year-to-date as of the close of trading on Monday.

TheStreet Recommends

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Laclede Group

Owners of

Laclede Group

(NYSE:

LG

) shares, as of market close today, will be eligible for a dividend of 49 cents per share. At a price of $66.11 as of 4:02 p.m. ET, the dividend yield is 3%.

The average volume for Laclede Group has been 241,200 shares per day over the past 30 days. Laclede Group has a market cap of $2.8 billion and is part of the utilities industry. Shares are up 11.2% year-to-date as of the close of trading on Friday.

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The Laclede Group, Inc., through its subsidiaries, engages in the purchase, retail distribution, sale, and marketing of natural gas. It operates through two segments, Gas Utility and Gas Marketing. The company has a P/E ratio of 20.65.

TheStreet Ratings rates

Laclede Group

as a

buy

. The company's strengths can be seen in multiple areas, such as its solid stock price performance, reasonable valuation levels, notable return on equity and good cash flow from operations. We feel its strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. You can view the full

Laclede Group 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.