Wednesday, Wednesday, April 06, 2016, 31 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.7% to 20.8%. All of these stocks can be found on our

stocks going ex-dividend

section of our

dividend calendar

.

Highlighted Stocks Going Ex-Dividend Wednesday:

Manhattan Bridge Capital

Owners of

Manhattan Bridge Capital

(NASDAQ:

LOAN

) shares, as of market close today, will be eligible for a dividend of 8 cents per share. At a price of $4.48 as of 3:49 p.m. ET, the dividend yield is 7.8%.

The average volume for Manhattan Bridge Capital has been 18,200 shares per day over the past 30 days. Manhattan Bridge Capital has a market cap of $31.6 million and is part of the financial services industry. Shares are up 1.1% year-to-date as of the close of trading on Friday.

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Manhattan Bridge Capital, Inc., a real estate finance company, originates, services, and manages a portfolio of first mortgage loans in the United States. The company has a P/E ratio of 13.59.

TheStreet Ratings rates

Manhattan Bridge Capital

as a

buy

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, growth in earnings per share, compelling growth in net income and attractive valuation levels. 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

Manhattan Bridge Capital Ratings Report

now.

Global Net Lease

Owners of

Global Net Lease

(NYSE:

GNL

) shares, as of market close today, will be eligible for a dividend of 6 cents per share. At a price of $8.64 as of 9:34 a.m. ET, the dividend yield is 8.2%.

The average volume for Global Net Lease has been 608,500 shares per day over the past 30 days. Global Net Lease has a market cap of $1.5 billion and is part of the real estate industry. Shares are up 9.2% year-to-date as of the close of trading on Monday.

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Lloyds Banking Group

Owners of

Lloyds Banking Group

(NYSE:

LYG

) shares, as of market close today, will be eligible for a dividend of 11 cents per share. At a price of $3.87 as of 9:37 a.m. ET, the dividend yield is 3.3%.

The average volume for Lloyds Banking Group has been 4.2 million shares per day over the past 30 days. Lloyds Banking Group has a market cap of $70.7 billion and is part of the banking industry. Shares are down 8.7% year-to-date as of the close of trading on Monday.

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Lloyds Banking Group plc provides banking and financial services to individual and business customers in the United Kingdom and internationally. The company operates through four segments: Retail, Commercial Banking, Consumer Finance, and Insurance.

TheStreet Ratings rates

Lloyds Banking Group

as a

hold

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

Lloyds Banking Group 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.