Tomorrow, Friday, March 18, 2016, 21 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 1% to 16.6%. All of these stocks can be found on our

stocks going ex-dividend

section of our

dividend calendar

.

Highlighted Stocks Going Ex-Dividend Tomorrow:

Cohen & Steers Global Income Builder

Owners of

Cohen & Steers Global Income Builder

(NYSE:

INB

) shares, as of market close today, will be eligible for a dividend of 23 cents per share. At a price of $8.98 as of 9:36 a.m. ET, the dividend yield is 10.3%.

The average volume for Cohen & Steers Global Income Builder has been 87,500 shares per day over the past 30 days. Cohen & Steers Global Income Builder has a market cap of $205.7 million and is part of the financial services industry. Shares are down 5% year-to-date as of the close of trading on Wednesday.

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Newtek Business Services

Owners of

Newtek Business Services

(NASDAQ:

NEWT

) shares, as of market close today, will be eligible for a dividend of 35 cents per share. At a price of $12.61 as of 9:30 a.m. ET, the dividend yield is 13.9%.

The average volume for Newtek Business Services has been 116,100 shares per day over the past 30 days. Newtek Business Services has a market cap of $156.8 million and is part of the diversified services industry. Shares are down 11.6% year-to-date as of the close of trading on Wednesday.

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Newtek Business Services Corp., a business development company, provides financial and business services to the small-and medium-sized business market in the United States and internationally.

TheStreet Ratings rates

Newtek Business Services

as a

hold

. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, notable return on equity and expanding profit margins. 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

Newtek Business Services Ratings Report

now.

Vermilion Energy

Owners of

Vermilion Energy

(NYSE:

VET

) shares, as of market close today, will be eligible for a dividend of 16 cents per share. At a price of $31.38 as of 9:37 a.m. ET, the dividend yield is 6.6%.

The average volume for Vermilion Energy has been 91,100 shares per day over the past 30 days. Vermilion Energy has a market cap of $3.3 billion and is part of the energy industry. Shares are up 14.1% year-to-date as of the close of trading on Wednesday.

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Vermilion Energy Inc. acquires, explores, develops, and produces crude oil and natural gas in North America, Europe and Australia.

TheStreet Ratings rates

Vermilion Energy

as a

sell

. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, deteriorating net income, disappointing return on equity, weak operating cash flow and generally high debt management risk. You can view the full

Vermilion Energy 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.