Tomorrow, Thursday, March 31, 2016, 6 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 1% to 4.5%. All of these stocks can be found on our

stocks going ex-dividend

section of our

dividend calendar

.

Highlighted Stocks Going Ex-Dividend Tomorrow:

Choice Hotels International

Owners of

Choice Hotels International

(NYSE:

CHH

) shares, as of market close today, will be eligible for a dividend of 20 cents per share. At a price of $53.99 as of 9:34 a.m. ET, the dividend yield is 1.6%.

The average volume for Choice Hotels International has been 242,800 shares per day over the past 30 days. Choice Hotels International has a market cap of $2.9 billion and is part of the leisure industry. Shares are up 5.4% year-to-date as of the close of trading on Tuesday.

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Choice Hotels International, Inc., together with its subsidiaries, operates as a hotel franchisor worldwide. It operates in two segments, Hotel Franchising and SkyTouch Technology. The company has a P/E ratio of 23.25.

TheStreet Ratings rates

Choice Hotels International

as a

hold

. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share and increase in net income. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year. You can view the full

Choice Hotels International Ratings Report

now.

Domtar

Owners of

Domtar

(NYSE:

UFS

) shares, as of market close today, will be eligible for a dividend of 40 cents per share. At a price of $38.54 as of 9:37 a.m. ET, the dividend yield is 4.2%.

The average volume for Domtar has been 602,400 shares per day over the past 30 days. Domtar has a market cap of $2.3 billion and is part of the consumer non-durables industry. Shares are up 3.7% year-to-date as of the close of trading on Tuesday.

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Domtar Corporation designs, manufactures, markets, and distributes communications papers, specialty and packaging papers, and absorbent hygiene products in the United States, Canada, Europe, Asia, and internationally. It operates through two segments, Pulp and Paper, and Personal Care. The company has a P/E ratio of 16.84.

TheStreet Ratings rates

Domtar

as a

hold

. The company's strengths can be seen in multiple areas, such as its attractive valuation levels and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow. You can view the full

Domtar Ratings Report

now.

Brandywine Realty

Owners of

Brandywine Realty

(NYSE:

BDN

) shares, as of market close today, will be eligible for a dividend of 15 cents per share. At a price of $14.11 as of 9:37 a.m. ET, the dividend yield is 4.4%.

The average volume for Brandywine Realty has been 1.9 million shares per day over the past 30 days. Brandywine Realty has a market cap of $2.4 billion and is part of the real estate industry. Shares are up 3.3% year-to-date as of the close of trading on Tuesday.

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Brandywine Realty Trust is a publically owned real estate investment trust. The firm invests in real estate markets of the United States. It makes investments in office, mixed-use, and industrial properties.

TheStreet Ratings rates

Brandywine Realty

as a

hold

. Among the primary strengths of the company is its revenue growth. At the same time, however, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow. You can view the full

Brandywine Realty 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.