Monday, Monday, February 08, 2016, 26 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 1% to 12.9%. All of these stocks can be found on our

stocks going ex-dividend

section of our

dividend calendar

.

Highlighted Stocks Going Ex-Dividend Monday:

Calamos Global Total Return Fund

Owners of

Calamos Global Total Return Fund

(NASDAQ:

CGO

) shares, as of market close today, will be eligible for a dividend of 10 cents per share. At a price of $10.38 as of 3:26 p.m. ET, the dividend yield is 11.6%.

The average volume for Calamos Global Total Return Fund has been 34,900 shares per day over the past 30 days. Calamos Global Total Return Fund has a market cap of $87.4 million and is part of the financial services industry. Shares are down 9% year-to-date as of the close of trading on Wednesday.

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Calamos Convertible Opportunities and Incom

Owners of

Calamos Convertible Opportunities and Incom

(NASDAQ:

CHI

) shares, as of market close today, will be eligible for a dividend of 10 cents per share. At a price of $8.92 as of 9:33 a.m. ET, the dividend yield is 12.7%.

The average volume for Calamos Convertible Opportunities and Incom has been 397,800 shares per day over the past 30 days. Calamos Convertible Opportunities and Incom has a market cap of $626.5 million and is part of the financial services industry. Shares are down 9.7% year-to-date as of the close of trading on Thursday.

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The company has a P/E ratio of 5.97.

Columbia Banking System

Owners of

Columbia Banking System

(NASDAQ:

COLB

) shares, as of market close today, will be eligible for a dividend of 38 cents per share. At a price of $28.74 as of 9:36 a.m. ET, the dividend yield is 2.5%.

The average volume for Columbia Banking System has been 322,500 shares per day over the past 30 days. Columbia Banking System has a market cap of $1.7 billion and is part of the banking industry. Shares are down 11.8% year-to-date as of the close of trading on Thursday.

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Columbia Banking System, Inc. operates as the bank holding company for Columbia State Bank that provides various banking products and services to small and medium-sized businesses, professionals, and individuals in Washington, Oregon, and Idaho. The company has a P/E ratio of 16.95.

TheStreet Ratings rates

Columbia Banking System

as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, compelling growth in net income, solid stock price performance and expanding profit margins. We feel its 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

Columbia Banking System 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.