4 Stocks Going Ex-Dividend Tomorrow: AFT, CBRL, CLB, PG

Tomorrow, July 17, 2013, 11 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.8% to 8.7%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar.

Highlighted Stocks Going Ex-Dividend Tomorrow:

Apollo Senior Floating Rate Fund

Owners of Apollo Senior Floating Rate Fund (NYSE: AFT) shares as of market close today will be eligible for a dividend of 11 cents per share. At a price of $19.90 as of 9:33 a.m. ET, the dividend yield is 6.4%.

The average volume for Apollo Senior Floating Rate Fund has been 53,900 shares per day over the past 30 days. Apollo Senior Floating Rate Fund has a market cap of $306.7 million and is part of the financial services industry. Shares are up 6% year to date as of the close of trading on Monday.

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You can view the full Apollo Senior Floating Rate Fund Ratings Report now.

Cracker Barrel Old Country Store

Owners of Cracker Barrel Old Country Store (NASDAQ: CBRL) shares as of market close today will be eligible for a dividend of 75 cents per share. At a price of $102.31 as of 9:35 a.m. ET, the dividend yield is 2.9%.

The average volume for Cracker Barrel Old Country Store has been 146,000 shares per day over the past 30 days. Cracker Barrel Old Country Store has a market cap of $2.4 billion and is part of the leisure industry. Shares are up 58.4% year to date as of the close of trading on Monday.

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Cracker Barrel Old Country Store, Inc. develops and operates the Cracker Barrel Old Country Store restaurant and retail concept in the United States. Its restaurants provide breakfast, lunch, and dinner. The company has a P/E ratio of 20.60.

TheStreet Ratings rates Cracker Barrel Old Country Store as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and reasonable valuation levels. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Cracker Barrel Old Country Store Ratings Report now.

Core Laboratories N.V

Owners of Core Laboratories N.V (NYSE: CLB) shares as of market close today will be eligible for a dividend of 32 cents per share. At a price of $152.73 as of 9:35 a.m. ET, the dividend yield is 0.8%.

The average volume for Core Laboratories N.V has been 273,700 shares per day over the past 30 days. Core Laboratories N.V has a market cap of $7.1 billion and is part of the energy industry. Shares are up 40.9% 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.

Core Laboratories N.V. provides reservoir description, production enhancement, and reservoir management services to the oil and gas industry worldwide. The company has a P/E ratio of 32.98.

TheStreet Ratings rates Core Laboratories N.V as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, expanding profit margins, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. You can view the full Core Laboratories N.V Ratings Report now.

Procter & Gamble

Owners of Procter & Gamble (NYSE: PG) shares as of market close today will be eligible for a dividend of 60 cents per share. At a price of $81.09 as of 9:35 a.m. ET, the dividend yield is 3%.

The average volume for Procter & Gamble has been 10.1 million shares per day over the past 30 days. Procter & Gamble has a market cap of $223.5 billion and is part of the consumer non-durables industry. Shares are up 20.1% 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 Procter & Gamble Company, together with its subsidiaries, engages in the manufacture and sale of a range of branded consumer packaged goods. The company operates in five segments: Beauty, Grooming, Health Care, Fabric Care and Home Care, and Baby Care and Family Care. The company has a P/E ratio of 20.54.

TheStreet Ratings rates Procter & Gamble as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, good cash flow from operations, growth in earnings per share and increase in net income. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full Procter & Gamble 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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