Tomorrow, Thursday, October 29, 2015, 48 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.4% to 17.2%. All of these stocks can be found on our

stocks going ex-dividend

section of our

dividend calendar

.

Highlighted Stocks Going Ex-Dividend Tomorrow:

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 $8.74 as of 9:37 a.m. ET, the dividend yield is 6.4%.

The average volume for Inland Real Estate has been 359,700 shares per day over the past 30 days. Inland Real Estate has a market cap of $891.7 million and is part of the real estate industry. Shares are down 20.2% year-to-date as of the close of trading on Tuesday.

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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 98.56.

TheStreet Ratings rates

Inland Real Estate

as a

hold

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

Inland Real Estate Ratings Report

now.

Western Gas Partners

Owners of

Western Gas Partners

(NYSE:

WES

) shares, as of market close today, will be eligible for a dividend of 78 cents per share. At a price of $47.42 as of 9:30 a.m. ET, the dividend yield is 6.4%.

The average volume for Western Gas Partners has been 359,200 shares per day over the past 30 days. Western Gas Partners has a market cap of $6.2 billion and is part of the energy industry. Shares are down 35% year-to-date as of the close of trading on Tuesday.

TheStreet Recommends

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Western Gas Partners, LP owns, operates, acquires, and develops midstream energy assets in the Rocky Mountains, the Mid-Continent, North-central Pennsylvania, and Texas. The company has a P/E ratio of 28.39.

TheStreet Ratings rates

Western Gas Partners

as a

buy

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, expanding profit margins, good cash flow from operations and increase in net income. We feel its strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full

Western Gas Partners Ratings Report

now.

Lazard

Owners of

Lazard

(NYSE:

LAZ

) shares, as of market close today, will be eligible for a dividend of 35 cents per share. At a price of $47.20 as of 9:34 a.m. ET, the dividend yield is 2.9%.

The average volume for Lazard has been 944,000 shares per day over the past 30 days. Lazard has a market cap of $6.2 billion and is part of the financial services industry. Shares are down 5.4% year-to-date as of the close of trading on Tuesday.

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Lazard Ltd., together with its subsidiaries, operates as a financial advisory and asset management firm. The company has a P/E ratio of 12.30.

TheStreet Ratings rates

Lazard

as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, impressive record of earnings per share growth, compelling growth in net income and expanding profit margins. We feel its strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full

Lazard 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.