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.

Monday, Monday, March 09, 2015, 32 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0% to 9.3%. All of these stocks can be found on our

stocks going ex-dividend

section of our

dividend calendar

.

Highlighted Stocks Going Ex-Dividend Monday:

Calamos Convertible Opportunities and Incom

Owners of

Calamos Convertible Opportunities and Incom

(NASDAQ:

CHI

) shares, as of market close today, will be eligible for a dividend of 10 cents per share. At a price of $13.32 as of 9:36 a.m. ET, the dividend yield is 8.5%.

The average volume for Calamos Convertible Opportunities and Incom has been 153,300 shares per day over the past 30 days. Calamos Convertible Opportunities and Incom has a market cap of $927.4 million and is part of the financial services industry. Shares are up 4.3% year-to-date as of the close of trading on Thursday.

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

The company has a P/E ratio of 8.93.

Cogent Communications Holdings

Owners of

Cogent Communications Holdings

(NASDAQ:

CCOI

) shares, as of market close today, will be eligible for a dividend of 35 cents per share. At a price of $36.41 as of 9:35 a.m. ET, the dividend yield is 3.6%.

The average volume for Cogent Communications Holdings has been 369,100 shares per day over the past 30 days. Cogent Communications Holdings has a market cap of $1.7 billion and is part of the telecommunications industry. Shares are up 2.7% year-to-date as of the close of trading on Thursday.

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

Cogent Communications Holdings, Inc., through its subsidiaries, provides high-speed Internet access and Internet protocol communications service. The company has a P/E ratio of 1799.50.

TheStreet Ratings rates

Cogent Communications Holdings

TheStreet Recommends

as a

hold

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

Cogent Communications Holdings Ratings Report

now.

Everest Re Group

Owners of

Everest Re Group

(NYSE:

RE

) shares, as of market close today, will be eligible for a dividend of 95 cents per share. At a price of $177.82 as of 9:35 a.m. ET, the dividend yield is 2.1%.

The average volume for Everest Re Group has been 289,100 shares per day over the past 30 days. Everest Re Group has a market cap of $7.9 billion and is part of the insurance industry. Shares are up 4.7% year-to-date as of the close of trading on Thursday.

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

Everest Re Group, Ltd., through its subsidiaries, provides reinsurance and insurance products. It operates through the U.S. Reinsurance, Insurance, International, Bermuda, and Mt. Logan Re segments. The U.S. The company has a P/E ratio of 6.87.

TheStreet Ratings rates

Everest Re Group

as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, good cash flow from operations, solid stock price performance and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full

Everest Re Group 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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