5 With Upcoming Ex-Dividend Dates: TAL, DNB, ANF, K, NKE

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, Aug. 29, 2013, 34 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.2% to 8.9%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar.

Highlighted Stocks Going Ex-Dividend Tomorrow:

TAL International Group

Owners of TAL International Group (NYSE: TAL) shares as of market close today will be eligible for a dividend of 68 cents per share. At a price of $43.90 as of 9:36 a.m. ET, the dividend yield is 6%.

The average volume for TAL International Group has been 373,900 shares per day over the past 30 days. TAL International Group has a market cap of $1.5 billion and is part of the diversified services industry. Shares are up 20.8% year to date as of the close of trading on Tuesday.

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

TAL International Group, Inc. engages in leasing intermodal containers and chassis worldwide. The company operates in two segments, Equipment Leasing and Equipment Trading. The company has a P/E ratio of 10.39.

TheStreet Ratings rates TAL International Group as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. We feel these 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 TAL International Group Ratings Report now.

Dun & Bradstreet Corporation

Owners of Dun & Bradstreet Corporation (NYSE: DNB) shares as of market close today will be eligible for a dividend of 40 cents per share. At a price of $100.59 as of 9:35 a.m. ET, the dividend yield is 1.5%.

The average volume for Dun & Bradstreet Corporation has been 388,400 shares per day over the past 30 days. Dun & Bradstreet Corporation has a market cap of $4.0 billion and is part of the computer software & services industry. Shares are up 28.2% year to date as of the close of trading on Tuesday.

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

The Dun & Bradstreet Corporation provides commercial information and insight on businesses worldwide. The company has a P/E ratio of 15.58.

TheStreet Ratings rates Dun & Bradstreet Corporation as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth and revenue growth. However, as a counter to these strengths, we find that we feel that the company's cash flow from its operations has been weak overall. You can view the full Dun & Bradstreet Corporation Ratings Report now.

Abercrombie & Fitch Company

Owners of Abercrombie & Fitch Company (NYSE: ANF) shares as of market close today will be eligible for a dividend of 20 cents per share. At a price of $35.70 as of 9:36 a.m. ET, the dividend yield is 2.1%.

The average volume for Abercrombie & Fitch Company has been 1.9 million shares per day over the past 30 days. Abercrombie & Fitch Company has a market cap of $3.0 billion and is part of the retail industry. Shares are down 25% year to date as of the close of trading on Tuesday.

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

Abercrombie & Fitch Co., through its subsidiaries, operates as a specialty retailer of casual apparel for men, women, and kids. It operates through three segments: U.S. Stores, International Stores, and Direct-to-Consumer. The company has a P/E ratio of 12.55.

TheStreet Ratings rates Abercrombie & Fitch Company as a buy. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, increase in stock price during the past year, largely solid financial position with reasonable debt levels by most measures, notable return on equity and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Abercrombie & Fitch Company Ratings Report now.

Kellogg Company

Owners of Kellogg Company (NYSE: K) shares as of market close today will be eligible for a dividend of 46 cents per share. At a price of $61.38 as of 9:35 a.m. ET, the dividend yield is 3%.

The average volume for Kellogg Company has been 1.7 million shares per day over the past 30 days. Kellogg Company has a market cap of $22.4 billion and is part of the food & beverage industry. Shares are up 10.3% year to date as of the close of trading on Tuesday.

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

Kellogg Company, together with its subsidiaries, manufactures and markets ready-to-eat cereal and convenience food products primarily in North America, Europe, Latin America, and the Asia Pacific. The company has a P/E ratio of 23.73.

TheStreet Ratings rates Kellogg Company 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, solid stock price performance and growth in earnings per share. We feel these 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 Kellogg Company Ratings Report now.

Nike

Owners of Nike (NYSE: NKE) shares as of market close today will be eligible for a dividend of 21 cents per share. At a price of $62.69 as of 9:35 a.m. ET, the dividend yield is 1.3%.

The average volume for Nike has been 3.6 million shares per day over the past 30 days. Nike has a market cap of $45.5 billion and is part of the consumer non-durables industry. Shares are up 21.7% year to date as of the close of trading on Tuesday.

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

NIKE, Inc., together with its subsidiaries, engages in the design, development, marketing, and sale of athletic footwear, apparel, equipment, and accessories, as well as in the provision of services to men, women, and kids worldwide. The company has a P/E ratio of 23.76.

TheStreet Ratings rates Nike 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, solid stock price performance and growth in earnings per share. 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 Nike 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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