Tomorrow, Thursday, July 28, 2016, 36 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.7% to 17.1%. All of these stocks can be found on our

stocks going ex-dividend

section of our

dividend calendar

.

Highlighted Stocks Going Ex-Dividend Tomorrow:

NVE

At a price of $58.88 as of 9:35 a.m. ET, the dividend yield is 6.9%.

The average volume for NVE has been 13,200 shares per day over the past 30 days. NVE has a market cap of $279.4 million and is part of the electronics industry. Shares are up 4.5% year-to-date as of the close of trading on Tuesday.

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NVE Corporation develops and sells devices using spintronics, a nanotechnology that utilizes electron spin rather than electron charge to acquire, store, and transmit information. The company has a P/E ratio of 24.08.

TheStreet Ratings rates

NVE

as a

buy

. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures and expanding profit margins. We feel its strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. You can view the full

NVE Ratings Report

now.

GEO Group

Owners of

GEO Group

(NYSE:

GEO

) shares, as of market close today, will be eligible for a dividend of 65 cents per share. At a price of $34.58 as of 9:36 a.m. ET, the dividend yield is 7.5%.

The average volume for GEO Group has been 441,000 shares per day over the past 30 days. GEO Group has a market cap of $2.6 billion and is part of the real estate industry. Shares are up 20.1% year-to-date as of the close of trading on Tuesday.

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The GEO Group, Inc. provides government-outsourced services specializing in the management of correctional, detention, and re-entry facilities, and the provision of community based services and youth services in the United States, Australia, South Africa, the United Kingdom, and Canada. The company has a P/E ratio of 17.96.

TheStreet Ratings rates

GEO Group

as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, reasonable valuation levels, growth in earnings per share and increase in net income. We feel its strengths outweigh the fact that the company shows low profit margins. You can view the full

GEO Group Ratings Report

now.

AES

Owners of

AES

(NYSE:

AES

) shares, as of market close today, will be eligible for a dividend of 11 cents per share. At a price of $12.62 as of 9:36 a.m. ET, the dividend yield is 3.5%.

The average volume for AES has been 4.7 million shares per day over the past 30 days. AES has a market cap of $8.3 billion and is part of the utilities industry. Shares are up 31.8% year-to-date as of the close of trading on Tuesday.

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The AES Corporation operates as a diversified power generation and utility company. It owns and/or operates power plants to generate and sell power to customers, such as utilities, industrial users, and other intermediaries. The company has a P/E ratio of 28.80.

TheStreet Ratings rates

AES

as a

buy

. Among the primary strengths of the company is its generally strong cash flow from operations. 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

AES 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.