Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Tomorrow, Thursday, May 29, 2014, 4:00 AM ET, 41 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.2% to 8.2%. All of these stocks can be found on our

stocks going ex-dividend

section of our

dividend calendar

.

Highlighted Stocks Going Ex-Dividend Tomorrow:

F N B

Owners of

F N B

(NYSE:

FNB

) shares as of market close today will be eligible for a dividend of 12 cents per share. At a price of $12.25 as of 9:36 a.m. ET, the dividend yield is 3.9%.

The average volume for F N B has been 1.2 million shares per day over the past 30 days. F N B has a market cap of $2.0 billion and is part of the banking industry. Shares are down 2.8% year-to-date as of the close of trading on Tuesday.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

F.N.B. Corporation, a financial holding company, provides various financial services to consumers and small- to medium-sized businesses primarily in Pennsylvania, eastern Ohio, and northern West Virginia. The company has a P/E ratio of 15.34.

TheStreet Ratings rates

F N B

as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income, good cash flow from operations, expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full

F N B Ratings Report

now.

Torchmark

Owners of

Torchmark

(NYSE:

TMK

) shares as of market close today will be eligible for a dividend of 13 cents per share. At a price of $80.77 as of 9:36 a.m. ET, the dividend yield is 0.9%.

The average volume for Torchmark has been 417,300 shares per day over the past 30 days. Torchmark has a market cap of $7.1 billion and is part of the insurance industry. Shares are up 4% year-to-date as of the close of trading on Tuesday.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

Torchmark Corporation, through its subsidiaries, provides various life and health insurance products, and annuities in the United States, Canada, and New Zealand. The company operates in Life Insurance, Health Insurance, and Annuities segments. The company has a P/E ratio of 13.77.

TheStreet Ratings rates

Torchmark

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, solid stock price performance, growth in earnings per share and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full

Torchmark Ratings Report

now.

ManpowerGroup

Owners of

ManpowerGroup

(NYSE:

MAN

) shares as of market close today will be eligible for a dividend of 49 cents per share. At a price of $82.74 as of 9:35 a.m. ET, the dividend yield is 1.2%.

The average volume for ManpowerGroup has been 791,000 shares per day over the past 30 days. ManpowerGroup has a market cap of $6.5 billion and is part of the diversified services industry. Shares are down 3.5% year-to-date as of the close of trading on Tuesday.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

ManpowerGroup Inc. provides workforce solutions and services in the Americas, Southern Europe, Northern Europe, and the Asia Pacific Middle East region. The company has a P/E ratio of 19.61.

TheStreet Ratings rates

ManpowerGroup

as a

buy

. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, revenue growth and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full

ManpowerGroup 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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