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 28, 2014, 4:00 AM ET, 95 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.2% to 13.1%. All of these stocks can be found on our

stocks going ex-dividend

section of our

dividend calendar

.

Highlighted Stocks Going Ex-Dividend Tomorrow:

Crescent Point Energy

Owners of

Crescent Point Energy

(NYSE:

CPG

) shares as of market close today will be eligible for a dividend of 21 cents per share. At a price of $41.20 as of 9:34 a.m. ET, the dividend yield is 6.2%.

The average volume for Crescent Point Energy has been 44,800 shares per day over the past 30 days. Crescent Point Energy has a market cap of $16.3 billion and is part of the energy industry. Shares are unchanged year-to-date as of the close of trading on Friday.

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

Crescent Point Energy Corp. is engaged in the acquisition, exploration, development, and production of oil and natural gas properties in Western Canada and the United States. The company has a P/E ratio of 97.31.

TheStreet Ratings rates

Crescent Point Energy

as a

buy

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

Crescent Point Energy Ratings Report

now.

Cabot

Owners of

Cabot

(NYSE:

CBT

) shares as of market close today will be eligible for a dividend of 22 cents per share. At a price of $56.94 as of 9:32 a.m. ET, the dividend yield is 1.6%.

The average volume for Cabot has been 269,200 shares per day over the past 30 days. Cabot has a market cap of $3.7 billion and is part of the chemicals industry. Shares are up 10.1% year-to-date as of the close of trading on Friday.

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

Cabot Corporation operates as a specialty chemicals and performance materials company. The company has a P/E ratio of 17.00.

TheStreet Ratings rates

Cabot

as a

buy

. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance and reasonable valuation levels. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full

Cabot Ratings Report

now.

FactSet Research Systems

Owners of

FactSet Research Systems

(NYSE:

FDS

) shares as of market close today will be eligible for a dividend of 39 cents per share. At a price of $109.63 as of 9:31 a.m. ET, the dividend yield is 1.4%.

The average volume for FactSet Research Systems has been 334,900 shares per day over the past 30 days. FactSet Research Systems has a market cap of $4.6 billion and is part of the computer software & services industry. Shares are up 0.6% year-to-date as of the close of trading on Friday.

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

FactSet Research Systems Inc. provides integrated financial information and analytical applications to investment community in the United States, Europe, and the Asia Pacific. The company has a P/E ratio of 23.00.

TheStreet Ratings rates

FactSet Research Systems

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, notable return on equity, increase in stock price during the past year and growth in earnings per share. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full

FactSet Research Systems 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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