Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. Tomorrow, May 10, 2013, 16 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 1% to 7.6%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar. Highlighted Stocks Going Ex-Dividend Tomorrow:
Owners of Fortress Investment Group (NYSE: FIG) shares as of market close today will be eligible for a dividend of 6 cents per share. At a price of $7.11 as of 9:35 a.m. ET, the dividend yield is 3.3%. The average volume for Fortress Investment Group has been 1.6 million shares per day over the past 30 days. Fortress Investment Group has a market cap of $1.7 billion and is part of the financial services industry. Shares are up 61% year to date as of the close of trading on Wednesday. EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys dividend stocks that have the potential for a 3% to 4% yield and 10% growth. Get his best picks for less than $50/year. Fortress Investment Group LLC is a publicly owned investment manager. The company has a P/E ratio of 15.28. TheStreet Ratings rates Fortress Investment Group as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity, impressive record of earnings per share growth, compelling growth in net income and solid stock price performance. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Fortress Investment Group Ratings Report now.