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.

Tomorrow, Thursday, August 06, 2015, 45 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.3% to 19.2%. All of these stocks can be found on our

stocks going ex-dividend

section of our

dividend calendar

.

Highlighted Stocks Going Ex-Dividend Tomorrow:

GasLog Partners

Owners of

GasLog Partners

(NYSE:

GLOP

) shares, as of market close today, will be eligible for a dividend of 43 cents per share. At a price of $20.17 as of 9:33 a.m. ET, the dividend yield is 8.1%.

The average volume for GasLog Partners has been 297,900 shares per day over the past 30 days. GasLog Partners has a market cap of $449.8 million and is part of the transportation industry. Shares are down 21.5% year-to-date as of the close of trading on Tuesday.

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GasLog Partners LP acquires, owns, and operates liquefied natural gas (LNG) carriers. The company provides LNG transportation services under long-term charters worldwide. As of February 16, 2015, it had a fleet of five LNG carriers. The company was founded in 2014 and is based in Monaco. The company has a P/E ratio of 11.51.

TheStreet Ratings rates

GasLog Partners

as a

hold

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we find that the company has favored debt over equity in the management of its balance sheet. You can view the full

GasLog Partners Ratings Report

now.

National Instruments

Owners of

National Instruments

(NASDAQ:

NATI

) shares, as of market close today, will be eligible for a dividend of 19 cents per share. At a price of $29.04 as of 9:36 a.m. ET, the dividend yield is 2.6%.

The average volume for National Instruments has been 421,800 shares per day over the past 30 days. National Instruments has a market cap of $3.7 billion and is part of the computer software & services industry. Shares are down 7.4% year-to-date as of the close of trading on Tuesday.

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National Instruments Corporation designs, manufactures, and sells systems to engineers and scientists worldwide. The company has a P/E ratio of 29.90.

TheStreet Ratings rates

National Instruments

as a

buy

. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, expanding profit margins, good cash flow from operations, increase in net income and notable return on equity. We feel its strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full

National Instruments Ratings Report

now.

Waste Connections

Owners of

Waste Connections

(NYSE:

WCN

) shares, as of market close today, will be eligible for a dividend of 13 cents per share. At a price of $50.30 as of 9:32 a.m. ET, the dividend yield is 1.1%.

The average volume for Waste Connections has been 563,400 shares per day over the past 30 days. Waste Connections has a market cap of $6.1 billion and is part of the materials & construction industry. Shares are up 13.5% year-to-date as of the close of trading on Tuesday.

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Waste Connections, Inc., an integrated municipal solid waste (MSW) services company, provides solid waste collection, transfer, disposal, and recycling services primarily in the United States. The company has a P/E ratio of 26.88.

TheStreet Ratings rates

Waste Connections

as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures, increase in stock price during the past year and expanding profit margins. We feel its strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full

Waste Connections 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.