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, June 26, 2014, 4:00 AM ET, 121 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.1% to 40.3%. All of these stocks can be found on our

stocks going ex-dividend

section of our

dividend calendar

.

Highlighted Stocks Going Ex-Dividend Tomorrow:

NGP Capital Resources Company

Owners of

NGP Capital Resources Company

(NASDAQ:

NGPC

) shares, as of market close today, will be eligible for a dividend of 16 cents per share. At a price of $6.24 as of 9:30 a.m. ET, the dividend yield is 10.1%.

The average volume for NGP Capital Resources Company has been 101,300 shares per day over the past 30 days. NGP Capital Resources Company has a market cap of $127.3 million and is part of the financial services industry. Shares are down 16.3% 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.

NGP Capital Resources Company is a business development company specializing in investments in small and mid size and middle market companies. The company has a P/E ratio of 26.33.

TheStreet Ratings rates

NGP Capital Resources Company

as a

hold

. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations 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 and disappointing return on equity. You can view the full

NGP Capital Resources Company Ratings Report

now.

Acadia Realty

Owners of

Acadia Realty

(NYSE:

AKR

) shares, as of market close today, will be eligible for a dividend of 23 cents per share. At a price of $28.37 as of 9:35 a.m. ET, the dividend yield is 3.2%.

The average volume for Acadia Realty has been 314,200 shares per day over the past 30 days. Acadia Realty has a market cap of $1.6 billion and is part of the real estate industry. Shares are up 14.4% 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.

Acadia Realty Trust, a real estate investment trust (REIT), engages primarily in the ownership, acquisition, redevelopment, and management of retail properties in the United States. The company has a P/E ratio of 35.11.

TheStreet Ratings rates

Acadia Realty

as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, increase in net income, good cash flow from operations and expanding profit margins. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full

Acadia Realty Ratings Report

now.

Western Asset Mortgage Capital

Owners of

Western Asset Mortgage Capital

(NYSE:

WMC

) shares, as of market close today, will be eligible for a dividend of 67 cents per share. At a price of $14.86 as of 9:36 a.m. ET, the dividend yield is 30.6%.

The average volume for Western Asset Mortgage Capital has been 1.0 million shares per day over the past 30 days. Western Asset Mortgage Capital has a market cap of $624.5 million and is part of the real estate industry. Shares are down 0.1% 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.

Western Asset Mortgage Capital Corporation operates as a real estate investment trust in the United States. It primarily focuses on investing in, financing, and managing agency and non-agency residential mortgage-backed securities and commercial mortgage-backed securities.

TheStreet Ratings rates

Western Asset Mortgage Capital

as a

sell

. The company's weaknesses can be seen in multiple areas, such as its weak operating cash flow and generally disappointing historical performance in the stock itself. You can view the full

Western Asset Mortgage Capital 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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