Tomorrow, Thursday, June 02, 2016, 20 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.4% to 10.3%. All of these stocks can be found on our

stocks going ex-dividend

section of our

dividend calendar

.

Highlighted Stocks Going Ex-Dividend Tomorrow:

Kronos Worldwide

Owners of

Kronos Worldwide

(NYSE:

KRO

) shares, as of market close today, will be eligible for a dividend of 15 cents per share. At a price of $5.74 as of 9:40 a.m. ET, the dividend yield is 10.3%.

The average volume for Kronos Worldwide has been 399,000 shares per day over the past 30 days. Kronos Worldwide has a market cap of $672.1 million and is part of the chemicals industry. Shares are up 3.7% year-to-date as of the close of trading on Tuesday.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

Kronos Worldwide, Inc. produces and markets titanium dioxide pigments (TiO2) worldwide.

TheStreet Ratings rates

Kronos Worldwide

as a

sell

. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, poor profit margins, weak operating cash flow and generally disappointing historical performance in the stock itself. You can view the full

Kronos Worldwide Ratings Report

now.

Gannett

Owners of

Gannett

(NYSE:

GCI

) shares, as of market close today, will be eligible for a dividend of 16 cents per share. At a price of $15.49 as of 9:41 a.m. ET, the dividend yield is 4.1%.

The average volume for Gannett has been 1.1 million shares per day over the past 30 days. Gannett has a market cap of $1.8 billion and is part of the media industry. Shares are down 4.1% year-to-date as of the close of trading on Tuesday.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

The company has a P/E ratio of 8.87.

Principal Financial Group

Owners of

Principal Financial Group

(NYSE:

PFG

) shares, as of market close today, will be eligible for a dividend of 39 cents per share. At a price of $43.79 as of 9:41 a.m. ET, the dividend yield is 3.5%.

The average volume for Principal Financial Group has been 1.6 million shares per day over the past 30 days. Principal Financial Group has a market cap of $12.9 billion and is part of the insurance industry. Shares are down 0.9% year-to-date as of the close of trading on Tuesday.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

Principal Financial Group, Inc. provides retirement, asset management, and insurance products and services to businesses, individuals, and institutional clients worldwide. It operates through Retirement and Income Solutions, Principal Global Investors, Principal International, and U.S. The company has a P/E ratio of 11.33.

TheStreet Ratings rates

Principal Financial Group

as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. We feel its strengths outweigh the fact that the company shows low profit margins. You can view the full

Principal Financial Group 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.