Tomorrow, Tuesday, December 29, 2015, 166 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.4% to 17.2%. All of these stocks can be found on our

stocks going ex-dividend

section of our

dividend calendar

.

Highlighted Stocks Going Ex-Dividend Tomorrow:

MVC Capital

Owners of

MVC Capital

(NYSE:

MVC

) shares, as of market close today, will be eligible for a dividend of 30 cents per share. At a price of $7.50 as of 9:36 a.m. ET, the dividend yield is 7.1%.

The average volume for MVC Capital has been 66,100 shares per day over the past 30 days. MVC Capital has a market cap of $171.9 million and is part of the financial services industry. Shares are down 23% year-to-date as of the close of trading on Thursday.

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MVC Capital, Inc. The company has a P/E ratio of 31.54.

TheStreet Ratings rates

MVC Capital

as a

sell

. The company's weaknesses can be seen in multiple areas, such as its disappointing return on equity and generally disappointing historical performance in the stock itself. You can view the full

MVC Capital Ratings Report

now.

Dominion Resources

Owners of

Dominion Resources

(NYSE:

DCUC

) shares, as of market close today, will be eligible for a dividend of 80 cents per share. At a price of $48.97 as of 9:30 a.m. ET, the dividend yield is 6.5%.

The average volume for Dominion Resources has been 51,400 shares per day over the past 30 days. Dominion Resources has a market cap of $29.2 billion and is part of the utilities industry. Shares are down 5.8% year-to-date as of the close of trading on Thursday.

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B&G Foods

Owners of

B&G Foods

(NYSE:

BGS

) shares, as of market close today, will be eligible for a dividend of 35 cents per share. At a price of $35.90 as of 9:36 a.m. ET, the dividend yield is 3.9%.

The average volume for B&G Foods has been 357,000 shares per day over the past 30 days. B&G Foods has a market cap of $2.1 billion and is part of the food & beverage industry. Shares are up 21% year-to-date as of the close of trading on Thursday.

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B&G Foods, Inc. manufactures, sells, and distributes shelf-stable food and household products in the United States, Canada, and Puerto Rico. The company has a P/E ratio of 29.18.

TheStreet Ratings rates

B&G Foods

as a

buy

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

B&G Foods 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.