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, Wednesday, May 7, 2014, 4:00 AM ET, 44 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.5% to 9.4%. All of these stocks can be found on our

stocks going ex-dividend

section of our

dividend calendar

.

Highlighted Stocks Going Ex-Dividend Tomorrow:

Southcross Energy Partners

Owners of

Southcross Energy Partners

(NYSE:

SXE

) shares as of market close today will be eligible for a dividend of 40 cents per share. At a price of $17.01 as of 9:36 a.m. ET, the dividend yield is 9.4%.

The average volume for Southcross Energy Partners has been 92,800 shares per day over the past 30 days. Southcross Energy Partners has a market cap of $364.1 million and is part of the utilities industry. Shares are down 5.7% 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.

Southcross Energy Partners, L.P., together with its subsidiaries, provides natural gas gathering, processing, treating, compression, and transportation services in the United States. It also offers natural gas liquid (NGL) fractionation and transportation services.

TheStreet Ratings rates

Southcross Energy Partners

as a

sell

. The company's weaknesses can be seen in multiple areas, such as its generally disappointing historical performance in the stock itself and poor profit margins. You can view the full

Southcross Energy Partners Ratings Report

now.

AmeriGas Partners

Owners of

AmeriGas Partners

(NYSE:

APU

) shares as of market close today will be eligible for a dividend of 88 cents per share. At a price of $46.61 as of 9:36 a.m. ET, the dividend yield is 7.6%.

The average volume for AmeriGas Partners has been 312,300 shares per day over the past 30 days. AmeriGas Partners has a market cap of $4.3 billion and is part of the utilities industry. Shares are up 5.6% 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.

AmeriGas Partners, L.P. operates as a retail and wholesale distributor of propane gas, and related equipment and supplies in the United States. The company has a P/E ratio of 19.78.

TheStreet Ratings rates

AmeriGas Partners

as a

buy

. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, revenue growth, notable return on equity and expanding profit margins. 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

AmeriGas Partners Ratings Report

now.

Macerich

Owners of

Macerich

(NYSE:

MAC

) shares as of market close today will be eligible for a dividend of 62 cents per share. At a price of $64.78 as of 9:35 a.m. ET, the dividend yield is 3.8%.

The average volume for Macerich has been 788,700 shares per day over the past 30 days. Macerich has a market cap of $9.2 billion and is part of the real estate industry. Shares are up 10.4% 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.

The Macerich Company is an independent real estate investment trust. The firm invests in the real estate markets of the United States. The company has a P/E ratio of 61.42.

TheStreet Ratings rates

Macerich

as a

buy

. Among the primary strengths of the company is its revenue growth. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full

Macerich 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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