Tomorrow, Friday, February 26, 2016, 48 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.4% to 36.2%. All of these stocks can be found on our

stocks going ex-dividend

section of our

dividend calendar

.

Highlighted Stocks Going Ex-Dividend Tomorrow:

Ellington Financial

Owners of

Ellington Financial

(NYSE:

EFC

) shares, as of market close today, will be eligible for a dividend of 50 cents per share. At a price of $17.42 as of 9:36 a.m. ET, the dividend yield is 11.7%.

The average volume for Ellington Financial has been 124,500 shares per day over the past 30 days. Ellington Financial has a market cap of $571.1 million and is part of the real estate industry. Shares are up 2.6% year-to-date as of the close of trading on Wednesday.

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Ellington Financial LLC, a specialty finance company, acquires and manages mortgage-related assets, including residential mortgage backed securities backed by prime jumbo, Alt-A, manufactured housing and subprime residential mortgage loans, and residential mortgage-backed securities. The company has a P/E ratio of 15.12.

TheStreet Ratings rates

Ellington Financial

as a

hold

. Among the primary strengths of the company is its expanding profit margins over time. At the same time, however, we also find weaknesses including disappointing return on equity, deteriorating net income and a generally disappointing performance in the stock itself. You can view the full

Ellington Financial Ratings Report

now.

Inland Real Estate

Owners of

Inland Real Estate

(NYSE:

IRC

) shares, as of market close today, will be eligible for a dividend of 5 cents per share. At a price of $10.64 as of 9:36 a.m. ET, the dividend yield is 5.4%.

The average volume for Inland Real Estate has been 1.3 million shares per day over the past 30 days. Inland Real Estate has a market cap of $1.1 billion and is part of the real estate industry. Shares are down 0.1% year-to-date as of the close of trading on Wednesday.

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Inland Real Estate Corporation, a real estate investment trust (REIT), engages in the ownership, operation, and development of shopping centers and single-tenant retail properties in the Midwest region of the United States. The company has a P/E ratio of 70.60.

TheStreet Ratings rates

Inland Real Estate

as a

hold

. The company's strengths can be seen in multiple areas, such as its increase in net income, good cash flow from operations and growth in earnings per share. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, poor profit margins and a decline in the stock price during the past year. You can view the full

Inland Real Estate Ratings Report

now.

Avnet

Owners of

Avnet

(NYSE:

AVT

) shares, as of market close today, will be eligible for a dividend of 17 cents per share. At a price of $41.30 as of 9:36 a.m. ET, the dividend yield is 1.7%.

The average volume for Avnet has been 1.2 million shares per day over the past 30 days. Avnet has a market cap of $5.4 billion and is part of the wholesale industry. Shares are down 3.8% year-to-date as of the close of trading on Wednesday.

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Avnet, Inc., together with its subsidiaries, distributes electronic components, enterprise computer and storage products, IT solutions and services, and embedded subsystems in the Americas, Europe, the Middle East, Africa, and the Asia/Pacific. The company has a P/E ratio of 9.08.

TheStreet Ratings rates

Avnet

as a

buy

. The company's strengths can be seen in multiple areas, such as its attractive valuation levels and largely solid financial position with reasonable debt levels by most measures. We feel its strengths outweigh the fact that the company shows weak operating cash flow. You can view the full

Avnet 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.