Tomorrow, Friday, December 11, 2015, 124 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.4% to 20.6%. All of these stocks can be found on our

stocks going ex-dividend

section of our

dividend calendar

.

Highlighted Stocks Going Ex-Dividend Tomorrow:

Neuberger Berman High Yield Stra Fd

Owners of

Neuberger Berman High Yield Stra Fd

(AMEX:

NHS

) shares, as of market close today, will be eligible for a dividend of 8 cents per share. At a price of $9.93 as of 9:30 a.m. ET, the dividend yield is 9.7%.

The average volume for Neuberger Berman High Yield Stra Fd has been 60,600 shares per day over the past 30 days. Neuberger Berman High Yield Stra Fd has a market cap of $194.0 million and is part of the financial services industry. Shares are down 19.3% year-to-date as of the close of trading on Wednesday.

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The company has a P/E ratio of 5.81.

NexPoint Residential

Owners of

NexPoint Residential

(NYSE:

NXRT

) shares, as of market close today, will be eligible for a dividend of 21 cents per share. At a price of $12.64 as of 9:30 a.m. ET, the dividend yield is 6.7%.

The average volume for NexPoint Residential has been 103,100 shares per day over the past 30 days. NexPoint Residential has a market cap of $262.3 million and is part of the real estate industry. Shares are unchanged year-to-date as of the close of trading on Wednesday.

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World Wrestling Entertainment

Owners of

World Wrestling Entertainment

(NYSE:

WWE

) shares, as of market close today, will be eligible for a dividend of 12 cents per share. At a price of $16.69 as of 9:36 a.m. ET, the dividend yield is 2.9%.

The average volume for World Wrestling Entertainment has been 556,900 shares per day over the past 30 days. World Wrestling Entertainment has a market cap of $576.5 million and is part of the media industry. Shares are up 35.4% year-to-date as of the close of trading on Wednesday.

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World Wrestling Entertainment, Inc., an integrated media and entertainment company, engages in the sports entertainment business in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company has a P/E ratio of 54.35.

TheStreet Ratings rates

World Wrestling Entertainment

as a

buy

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, compelling growth in net income, good cash flow from operations and expanding profit margins. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full

World Wrestling Entertainment 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.