Tomorrow, Wednesday, December 02, 2015, 40 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.1% to 36.8%. All of these stocks can be found on our

stocks going ex-dividend

section of our

dividend calendar

.

Highlighted Stocks Going Ex-Dividend Tomorrow:

Fidus Investment

Owners of

Fidus Investment

(NASDAQ:

FDUS

) shares, as of market close today, will be eligible for a dividend of 39 cents per share. At a price of $14.31 as of 9:35 a.m. ET, the dividend yield is 11%.

The average volume for Fidus Investment has been 45,300 shares per day over the past 30 days. Fidus Investment has a market cap of $231.2 million and is part of the financial services industry. Shares are down 4.4% year-to-date as of the close of trading on Monday.

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Fidus Investment Corporation operates as an externally managed, closed-end, and non-diversified management investment company. The company provides customized debt and equity financing solutions to lower middle-market companies in the United States. The company has a P/E ratio of 6.40.

TheStreet Ratings rates

Fidus Investment

as a

hold

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, expanding profit margins and increase in net income. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and feeble growth in the company's earnings per share. You can view the full

Fidus Investment Ratings Report

now.

Hancock

Owners of

Hancock

(NASDAQ:

HBHC

) shares, as of market close today, will be eligible for a dividend of 24 cents per share. At a price of $29.25 as of 9:37 a.m. ET, the dividend yield is 3.3%.

The average volume for Hancock has been 573,000 shares per day over the past 30 days. Hancock has a market cap of $2.3 billion and is part of the banking industry. Shares are down 5.2% year-to-date as of the close of trading on Monday.

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Hancock Holding Company operates as the bank holding company for Whitney Bank that provides a range of community banking services to commercial, small business, and retail customers. The company has a P/E ratio of 15.10.

TheStreet Ratings rates

Hancock

as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth and expanding profit margins. We feel its strengths outweigh the fact that the company has had sub par growth in net income. You can view the full

Hancock Ratings Report

now.

Arthur J Gallagher

Owners of

Arthur J Gallagher

(NYSE:

AJG

) shares, as of market close today, will be eligible for a dividend of 37 cents per share. At a price of $44.01 as of 9:36 a.m. ET, the dividend yield is 3.4%.

The average volume for Arthur J Gallagher has been 1.1 million shares per day over the past 30 days. Arthur J Gallagher has a market cap of $7.8 billion and is part of the insurance industry. Shares are down 7.1% year-to-date as of the close of trading on Monday.

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Arthur J. Gallagher & Co., together with its subsidiaries, provides insurance brokerage and risk management services in the United States and internationally. It operates through three segments: Brokerage, Risk Management, and Corporate. The company has a P/E ratio of 21.89.

TheStreet Ratings rates

Arthur J Gallagher

as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income, good cash flow from operations, growth in earnings per share and largely solid financial position with reasonable debt levels by most measures. 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

Arthur J Gallagher 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.