Tomorrow, Friday, January 29, 2016, 21 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 1.1% to 25.1%. All of these stocks can be found on our

stocks going ex-dividend

section of our

dividend calendar

.

Highlighted Stocks Going Ex-Dividend Tomorrow:

Rose Rock Midstream

Owners of

Rose Rock Midstream

(NYSE:

RRMS

) shares, as of market close today, will be eligible for a dividend of 66 cents per share. At a price of $12.24 as of 9:36 a.m. ET, the dividend yield is 20.8%.

The average volume for Rose Rock Midstream has been 261,800 shares per day over the past 30 days. Rose Rock Midstream has a market cap of $462.9 million and is part of the energy industry. Shares are down 16.4% year-to-date as of the close of trading on Wednesday.

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Rose Rock Midstream, L.P. owns, operates, develops, and acquires a portfolio of midstream energy assets. The company gathers, transports, stores, distributes, and markets crude oil in Colorado, Kansas, Louisiana, Montana, New Mexico, North Dakota, Ohio, Oklahoma, Texas, and Wyoming. The company has a P/E ratio of 8.81.

TheStreet Ratings rates

Rose Rock Midstream

as a

hold

. The company's strengths can be seen in multiple areas, such as its notable return on equity, reasonable valuation levels and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, generally higher debt management risk and a generally disappointing performance in the stock itself. You can view the full

Rose Rock Midstream Ratings Report

now.

Teekay Tankers

Owners of

Teekay Tankers

(NYSE:

TNK

) shares, as of market close today, will be eligible for a dividend of 12 cents per share. At a price of $4.58 as of 9:37 a.m. ET, the dividend yield is 10.8%.

The average volume for Teekay Tankers has been 2.6 million shares per day over the past 30 days. Teekay Tankers has a market cap of $589.7 million and is part of the transportation industry. Shares are down 33.9% year-to-date as of the close of trading on Wednesday.

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Teekay Tankers Ltd. is engaged in the marine transportation of crude oil and refined petroleum products through the operation of its oil and product tankers worldwide. The company has a P/E ratio of 3.57.

TheStreet Ratings rates

Teekay Tankers

as a

buy

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity, expanding profit margins, good cash flow from operations and impressive record of earnings per share growth. We feel its strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. You can view the full

Teekay Tankers Ratings Report

now.

Targa Resources Partners

Owners of

Targa Resources Partners

(NYSE:

NGLS

) shares, as of market close today, will be eligible for a dividend of 82 cents per share. At a price of $14.78 as of 9:37 a.m. ET, the dividend yield is 25.1%.

The average volume for Targa Resources Partners has been 2.1 million shares per day over the past 30 days. Targa Resources Partners has a market cap of $2.6 billion and is part of the energy industry. Shares are down 15.1% year-to-date as of the close of trading on Wednesday.

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Targa Resources Partners LP owns, operates, acquires, and develops midstream energy assets in the United States. The company has a P/E ratio of 16.87.

TheStreet Ratings rates

Targa Resources Partners

as a

hold

. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, a generally disappointing performance in the stock itself and poor profit margins. You can view the full

Targa Resources Partners 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.