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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, Dec. 18, 2013, 66 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.2% to 15%. All of these stocks can be found on our

stocks going ex-dividend

section of our

dividend calendar

.

Highlighted Stocks Going Ex-Dividend Tomorrow:

Western Asset Global Partners Income Fund I

Owners of

Western Asset Global Partners Income Fund I

(NYSE:

GDF

) shares as of market close today will be eligible for a dividend of 8 cents per share. At a price of $10.75 as of 9:33 a.m. ET, the dividend yield is 9.2%.

The average volume for Western Asset Global Partners Income Fund I has been 45,900 shares per day over the past 30 days. Western Asset Global Partners Income Fund I has a market cap of $167.6 million and is part of the financial services industry. Shares are down 15% 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.

The company has a P/E ratio of 10.05.

TheStreet Recommends

DWS Municipal Income

Owners of

DWS Municipal Income

(NYSE:

KTF

) shares as of market close today will be eligible for a dividend of 8 cents per share. At a price of $11.78 as of 9:35 a.m. ET, the dividend yield is 7.1%.

The average volume for DWS Municipal Income has been 119,800 shares per day over the past 30 days. DWS Municipal Income has a market cap of $462.2 million and is part of the financial services industry. Shares are down 18.2% 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.

The company has a P/E ratio of 13.69.

Cohen & Steers Limited Duration Preferred a

Owners of

Cohen & Steers Limited Duration Preferred a

(NYSE:

LDP

) shares as of market close today will be eligible for a dividend of 16 cents per share. At a price of $22.30 as of 9:35 a.m. ET, the dividend yield is 8.5%.

The average volume for Cohen & Steers Limited Duration Preferred a has been 107,200 shares per day over the past 30 days. Cohen & Steers Limited Duration Preferred a has a market cap of $586.4 million and is part of the financial services industry. Shares are down 10.2% 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.

Lazard

Owners of

Lazard

(NYSE:

LAZ

) shares as of market close today will be eligible for a dividend of 25 cents per share. At a price of $43.00 as of 9:35 a.m. ET, the dividend yield is 2.4%.

The average volume for Lazard has been 519,800 shares per day over the past 30 days. Lazard has a market cap of $5.2 billion and is part of the financial services industry. Shares are up 43.6% 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.

Lazard Ltd., together with its subsidiaries, operates as a financial advisory and asset management firm. The company has a P/E ratio of 56.11.

TheStreet Ratings rates

Lazard

as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, compelling growth in net income, solid stock price performance and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full

Lazard Ratings Report

now.

Las Vegas Sands

Owners of

Las Vegas Sands

(NYSE:

LVS

) shares as of market close today will be eligible for a dividend of 35 cents per share. At a price of $77.41 as of 9:35 a.m. ET, the dividend yield is 1.8%.

The average volume for Las Vegas Sands has been 4.5 million shares per day over the past 30 days. Las Vegas Sands has a market cap of $62.8 billion and is part of the leisure industry. Shares are up 65.9% 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.

Las Vegas Sands Corp. develops, owns, and operates integrated resorts in Asia and the United States. The company has a P/E ratio of 29.23.

TheStreet Ratings rates

Las Vegas Sands

as a

buy

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

Las Vegas Sands 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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