Tomorrow, Wednesday, November 04, 2015, 48 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.7% to 20.2%. All of these stocks can be found on our

stocks going ex-dividend

section of our

dividend calendar

.

Highlighted Stocks Going Ex-Dividend Tomorrow:

Midcoast Energy Partners

Owners of

Midcoast Energy Partners

(NYSE:

MEP

) shares, as of market close today, will be eligible for a dividend of 36 cents per share. At a price of $13.34 as of 9:36 a.m. ET, the dividend yield is 11.3%.

The average volume for Midcoast Energy Partners has been 119,500 shares per day over the past 30 days. Midcoast Energy Partners has a market cap of $284.9 million and is part of the energy industry. Shares are down 2.2% year-to-date as of the close of trading on Monday.

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Midcoast Energy Partners, L.P. engages in gathering, processing, treating, transporting, and marketing natural gas and natural gas liquids (NGL) in the United States. It operates through two segments, Gathering, Processing, and Transportation; and Logistics and Marketing.

TheStreet Ratings rates

Midcoast Energy Partners

as a

sell

. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, generally disappointing historical performance in the stock itself, poor profit margins and feeble growth in its earnings per share. You can view the full

Midcoast Energy Partners Ratings Report

now.

Stonemor Partners

Owners of

Stonemor Partners

(NYSE:

STON

) shares, as of market close today, will be eligible for a dividend of 66 cents per share. At a price of $30.84 as of 9:36 a.m. ET, the dividend yield is 8.6%.

The average volume for Stonemor Partners has been 235,600 shares per day over the past 30 days. Stonemor Partners has a market cap of $976.9 million and is part of the diversified services industry. Shares are up 20.5% year-to-date as of the close of trading on Monday.

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StoneMor Partners L.P., together with its subsidiaries, owns and operates cemeteries in the United States. It operates through Cemetery Operations-Southeast, Cemetery Operations-Northeast, Cemetery Operations-West, and Funeral Homes segments.

TheStreet Ratings rates

Stonemor Partners

as a

hold

. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow. You can view the full

Stonemor Partners Ratings Report

now.

Lithia Motors

Owners of

Lithia Motors

(NYSE:

LAD

) shares, as of market close today, will be eligible for a dividend of 20 cents per share. At a price of $117.95 as of 9:37 a.m. ET, the dividend yield is 0.7%.

The average volume for Lithia Motors has been 322,200 shares per day over the past 30 days. Lithia Motors has a market cap of $2.8 billion and is part of the specialty retail industry. Shares are up 35.5% year-to-date as of the close of trading on Monday.

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Lithia Motors, Inc. operates as an automotive franchisee and retailer of new and used vehicles in the United States. The company has a P/E ratio of 17.49.

TheStreet Ratings rates

Lithia Motors

as a

buy

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and reasonable valuation levels. 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

Lithia Motors 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.