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. 11, 2013, 174 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.2% to 30.7%. All of these stocks can be found on our

stocks going ex-dividend

section of our

dividend calendar

.

Highlighted Stocks Going Ex-Dividend Tomorrow:

Advent Claymore Global Convertible Securiti

Owners of

Advent Claymore Global Convertible Securiti

(NYSE:

AGC

) shares as of market close today will be eligible for a dividend of 5 cents per share. At a price of $7.09 as of 9:37 a.m. ET, the dividend yield is 8%.

The average volume for Advent Claymore Global Convertible Securiti has been 97,900 shares per day over the past 30 days. Advent Claymore Global Convertible Securiti has a market cap of $228.6 million and is part of the financial services industry. Shares are up 9.4% 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.

Advent Claymore Convertible Securities & In

Owners of

Advent Claymore Convertible Securities & In

(NYSE:

AVK

) shares as of market close today will be eligible for a dividend of 9 cents per share. At a price of $17.93 as of 9:37 a.m. ET, the dividend yield is 6.3%.

The average volume for Advent Claymore Convertible Securities & In has been 65,100 shares per day over the past 30 days. Advent Claymore Convertible Securities & In has a market cap of $423.0 million and is part of the financial services industry. Shares are up 11.2% 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 7.70.

Nuveen Premium Income Municipal Fund

Owners of

Nuveen Premium Income Municipal Fund

(NYSE:

NPI

TheStreet Recommends

) shares as of market close today will be eligible for a dividend of 8 cents per share. At a price of $12.04 as of 9:40 a.m. ET, the dividend yield is 7.2%.

The average volume for Nuveen Premium Income Municipal Fund has been 174,200 shares per day over the past 30 days. Nuveen Premium Income Municipal Fund has a market cap of $767.4 million and is part of the financial services industry. Shares are down 19.6% 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.

The company has a P/E ratio of 12.22.

Financial Engines

Owners of

Financial Engines

(NASDAQ:

FNGN

) shares as of market close today will be eligible for a dividend of 5 cents per share. At a price of $66.78 as of 9:38 a.m. ET, the dividend yield is 0.3%.

The average volume for Financial Engines has been 347,700 shares per day over the past 30 days. Financial Engines has a market cap of $3.4 billion and is part of the financial services industry. Shares are up 144.4% 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.

Financial Engines, Inc., together with its subsidiaries, provides independent, technology-enabled portfolio management services, investment advice, and retirement income services to participants in employer-sponsored defined contribution plans. The company has a P/E ratio of 127.94.

TheStreet Ratings rates

Financial Engines

as a

buy

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

Financial Engines 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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