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, Thursday, October 30, 2014, 34 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.1% to 11.6%. All of these stocks can be found on our

stocks going ex-dividend

section of our

dividend calendar

.

Highlighted Stocks Going Ex-Dividend Tomorrow:

Mid-Con Energy Partners

Owners of

Mid-Con Energy Partners

(NASDAQ:

MCEP

) shares, as of market close today, will be eligible for a dividend of 52 cents per share. At a price of $18.18 as of 9:31 a.m. ET, the dividend yield is 11.6%.

The average volume for Mid-Con Energy Partners has been 110,800 shares per day over the past 30 days. Mid-Con Energy Partners has a market cap of $374.2 million and is part of the energy industry. Shares are down 20.9% year-to-date as of the close of trading on Tuesday.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

Mid-Con Energy Partners, LP is engaged in the acquisition, exploitation, development, and production of oil and natural gas properties in North America. The company has a P/E ratio of 18.64.

TheStreet Ratings rates

Mid-Con Energy Partners

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 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

Mid-Con Energy Partners Ratings Report

now.

Casey's General Stores

Owners of

Casey's General Stores

(NASDAQ:

CASY

) shares, as of market close today, will be eligible for a dividend of 20 cents per share. At a price of $80.47 as of 9:30 a.m. ET, the dividend yield is 1%.

The average volume for Casey's General Stores has been 237,400 shares per day over the past 30 days. Casey's General Stores has a market cap of $3.0 billion and is part of the retail industry. Shares are up 14% year-to-date as of the close of trading on Tuesday.

TheStreet Recommends

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

Casey's General Stores, Inc., together with its subsidiaries, operates convenience stores under the Casey's General Store name in 14 Midwestern states, primarily Iowa, Missouri, and Illinois. The company has a P/E ratio of 23.07.

TheStreet Ratings rates

Casey's General Stores

as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in stock price during the past year and notable return on equity. We feel these 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

Casey's General Stores Ratings Report

now.

Celanese

Owners of

Celanese

(NYSE:

CE

) shares, as of market close today, will be eligible for a dividend of 25 cents per share. At a price of $58.27 as of 9:36 a.m. ET, the dividend yield is 1.8%.

The average volume for Celanese has been 944,000 shares per day over the past 30 days. Celanese has a market cap of $8.8 billion and is part of the chemicals industry. Shares are up 5.2% year-to-date as of the close of trading on Tuesday.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

Celanese Corporation, a technology and specialty materials company, manufactures and sells value-added chemicals, thermoplastic polymers, and other chemical-based products worldwide. The company has a P/E ratio of 6.58.

TheStreet Ratings rates

Celanese

as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, attractive valuation levels, good cash flow from operations and compelling growth in net income. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full

Celanese 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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