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, July 31, 2013, 17 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.8% to 8.1%. All of these stocks can be found on our

stocks going ex-dividend

section of our

dividend calendar

.

Highlighted Stocks Going Ex-Dividend Tomorrow:

Enerplus

Owners of

Enerplus

(NYSE:

ERF

) shares as of market close today will be eligible for a dividend of 9 cents per share. At a price of $16.35 as of 9:35 a.m. ET, the dividend yield is 6.4%.

The average volume for Enerplus has been 838,000 shares per day over the past 30 days. Enerplus has a market cap of $3.3 billion and is part of the energy industry. Shares are up 25.5% year to date as of the close of trading on Monday.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

Enerplus Corporation, together with subsidiaries, engages in the exploration and development of crude oil and natural gas in the United States and Canada.

TheStreet Ratings rates

Enerplus

as a

sell

. Among the areas we feel are negative, one of the most important has been an overall disappointing return on equity. You can view the full

Enerplus Ratings Report

now.

Tesoro Logistics

Owners of

Tesoro Logistics

(NYSE:

TLLP

) shares as of market close today will be eligible for a dividend of 51 cents per share. At a price of $54.46 as of 9:34 a.m. ET, the dividend yield is 3.7%.

The average volume for Tesoro Logistics has been 321,300 shares per day over the past 30 days. Tesoro Logistics has a market cap of $1.8 billion and is part of the energy industry. Shares are up 25.6% year to date as of the close of trading on Monday.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

Tesoro Logistics LP engages in the ownership, operation, development, and acquisition of logistics assets related to crude oil and refined products in the United States. The company operates in two segments, Crude Oil Gathering; and Terminalling, Transportation, and Storage. The company has a P/E ratio of 29.09.

TheStreet Ratings rates

Tesoro Logistics

as a

buy

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, growth in earnings per share, compelling growth in net income, expanding profit margins and good cash flow from operations. We feel these 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

Tesoro Logistics Ratings Report

now.

J.B. Hunt Transport Services

Owners of

J.B. Hunt Transport Services

(NASDAQ:

JBHT

) shares as of market close today will be eligible for a dividend of 15 cents per share. At a price of $75.28 as of 9:35 a.m. ET, the dividend yield is 0.8%.

The average volume for J.B. Hunt Transport Services has been 585,500 shares per day over the past 30 days. J.B. Hunt Transport Services has a market cap of $8.8 billion and is part of the transportation industry. Shares are up 25.6% year to date as of the close of trading on Monday.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

J.B. Hunt Transport Services, Inc., together with its subsidiaries, provides transportation and delivery services in the continental United States, Canada, and Mexico. The company has a P/E ratio of 27.78.

TheStreet Ratings rates

J.B. Hunt Transport Services

as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, increase in net income, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full

J.B. Hunt Transport Services Ratings Report

now.

Norfolk Southern Corporation

Owners of

Norfolk Southern Corporation

(NYSE:

NSC

) shares as of market close today will be eligible for a dividend of 52 cents per share. At a price of $74.00 as of 9:36 a.m. ET, the dividend yield is 2.8%.

The average volume for Norfolk Southern Corporation has been 2.1 million shares per day over the past 30 days. Norfolk Southern Corporation has a market cap of $24.7 billion and is part of the transportation industry. Shares are up 19.4% year to date as of the close of trading on Monday.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

Norfolk Southern Corporation engages in the rail transportation of raw materials, intermediate products, and finished goods in the United States. The company has a P/E ratio of 13.64.

TheStreet Ratings rates

Norfolk Southern Corporation

as a

buy

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

Norfolk Southern Corporation 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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