Tomorrow, Thursday, May 26, 2016, 57 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.1% to 13.9%. All of these stocks can be found on our

stocks going ex-dividend

section of our

dividend calendar

.

Highlighted Stocks Going Ex-Dividend Tomorrow:

JMP Group

Owners of

JMP Group

(NYSE:

JMP

) shares, as of market close today, will be eligible for a dividend of 3 cents per share. At a price of $5.28 as of 9:37 a.m. ET, the dividend yield is 6.9%.

The average volume for JMP Group has been 41,200 shares per day over the past 30 days. JMP Group has a market cap of $111.3 million and is part of the financial services industry. Shares are down 3.5% year-to-date as of the close of trading on Tuesday.

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JMP Group LLC, together with its subsidiaries, provides investment banking and asset management services in the United States. It operates through Broker-Dealer, Asset Management, and Corporate Credit Management segments. The company has a P/E ratio of 32.81.

TheStreet Ratings rates

JMP Group

as a

hold

. The company's strengths can be seen in multiple areas, such as its increase in net income and growth in earnings per share. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, disappointing return on equity and poor profit margins. You can view the full

JMP Group Ratings Report

now.

Stage Stores

Owners of

Stage Stores

(NYSE:

SSI

) shares, as of market close today, will be eligible for a dividend of 15 cents per share. At a price of $5.25 as of 9:41 a.m. ET, the dividend yield is 12.1%.

The average volume for Stage Stores has been 684,800 shares per day over the past 30 days. Stage Stores has a market cap of $133.6 million and is part of the retail industry. Shares are down 42% year-to-date as of the close of trading on Tuesday.

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Stage Stores, Inc. operates as a specialty department store retailer in small and mid-sized towns and communities in the United States. Its merchandise portfolio comprises moderately priced brand name and private label apparel, accessories, cosmetics, footwear, and home goods.

TheStreet Ratings rates

Stage Stores

as a

hold

. The company's strengths can be seen in multiple areas, such as its good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. You can view the full

Stage Stores Ratings Report

now.

Bank of Hawaii

Owners of

Bank of Hawaii

(NYSE:

BOH

) shares, as of market close today, will be eligible for a dividend of 48 cents per share. At a price of $70.73 as of 9:39 a.m. ET, the dividend yield is 2.8%.

The average volume for Bank of Hawaii has been 239,300 shares per day over the past 30 days. Bank of Hawaii has a market cap of $3.0 billion and is part of the banking industry. Shares are up 11.7% year-to-date as of the close of trading on Tuesday.

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Bank of Hawaii Corporation operates as the holding company for Bank of Hawaii that provides financial products and services in Hawaii, Guam, and other Pacific Islands. The company operates through four segments: Retail Banking, Commercial Banking, Investment Services, and Treasury and Other. The company has a P/E ratio of 17.66.

TheStreet Ratings rates

Bank of Hawaii

as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, good cash flow from operations, increase in net income and growth in earnings per share. We feel its strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. You can view the full

Bank of Hawaii 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.