Ex-Dividends To Watch: 5 Stocks Going Ex-Dividend Tomorrow: AMID, EROC, APL, NYCB, BTU

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, Nov. 5, 2013, 30 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.2% to 11.8%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar.

Highlighted Stocks Going Ex-Dividend Tomorrow:

American Midstream Partners

Owners of American Midstream Partners (NYSE: AMID) shares as of market close today will be eligible for a dividend of 45 cents per share. At a price of $23.86 as of 9:30 a.m. ET, the dividend yield is 7.5%.

The average volume for American Midstream Partners has been 17,600 shares per day over the past 30 days. American Midstream Partners has a market cap of $113.6 million and is part of the utilities industry. Shares are up 77.3% year to date as of the close of trading on Friday.

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American Midstream Partners, LP engages in gathering, treating, processing, and transporting natural gas in the Gulf Coast and Southeast regions of the United States.

TheStreet Ratings rates American Midstream Partners as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, generally high debt management risk, disappointing return on equity, poor profit margins and feeble growth in its earnings per share. You can view the full American Midstream Partners Ratings Report now.

Eagle Rock Energy Partners

Owners of Eagle Rock Energy Partners (NASDAQ: EROC) shares as of market close today will be eligible for a dividend of 15 cents per share. At a price of $6.21 as of 9:30 a.m. ET, the dividend yield is 9.8%.

The average volume for Eagle Rock Energy Partners has been 805,200 shares per day over the past 30 days. Eagle Rock Energy Partners has a market cap of $980.1 million and is part of the energy industry. Shares are down 29% year to date as of the close of trading on Friday.

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Eagle Rock Energy Partners, L.P., together with its subsidiaries, engages in gathering, compressing, treating, processing, transporting, marketing, and trading natural gas, as well as fractionating and transporting natural gas liquids (NGL).

TheStreet Ratings rates Eagle Rock Energy Partners as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally higher debt management risk and disappointing return on equity. You can view the full Eagle Rock Energy Partners Ratings Report now.

Atlas Pipeline Partners

Owners of Atlas Pipeline Partners (NYSE: APL) shares as of market close today will be eligible for a dividend of 62 cents per share. At a price of $38.81 as of 9:29 a.m. ET, the dividend yield is 6.4%.

The average volume for Atlas Pipeline Partners has been 395,700 shares per day over the past 30 days. Atlas Pipeline Partners has a market cap of $3.0 billion and is part of the energy industry. Shares are up 22.1% 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.

Atlas Pipeline Partners, L.P. operates in the gathering and processing segments of the midstream natural gas industry. The company operates in two segments, Gathering and Processing; and Transportation, Treating, and Other.

TheStreet Ratings rates Atlas Pipeline Partners as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations, increase in stock price during the past year 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 weak growth in earnings per share. You can view the full Atlas Pipeline Partners Ratings Report now.

New York Community Bancorp

Owners of New York Community Bancorp (NYSE: NYCB) shares as of market close today will be eligible for a dividend of 25 cents per share. At a price of $16.20 as of 9:30 a.m. ET, the dividend yield is 6.2%.

The average volume for New York Community Bancorp has been 2.5 million shares per day over the past 30 days. Shares are up 23.7% 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.

New York Community Bancorp, Inc. operates as a multi-bank holding company for New York Community Bank and New York Commercial Bank that offer banking products and financial services in New York, New Jersey, Florida, Ohio, and Arizona. The company has a P/E ratio of 15.01.

TheStreet Ratings rates New York Community Bancorp as a buy. The company's strengths can be seen in multiple areas, such as its expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full New York Community Bancorp Ratings Report now.

Peabody Energy Corporation

Owners of Peabody Energy Corporation (NYSE: BTU) shares as of market close today will be eligible for a dividend of 9 cents per share. At a price of $20.31 as of 9:30 a.m. ET, the dividend yield is 1.7%.

The average volume for Peabody Energy Corporation has been 6.2 million shares per day over the past 30 days. Peabody Energy Corporation has a market cap of $5.3 billion and is part of the metals & mining industry. Shares are down 24.7% 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.

Peabody Energy Corporation engages in the mining of coal. The company operates through Western U.S. Mining, Midwestern U.S. Mining, Australian Mining, Trading and Brokerage, and Corporate and Other segments.

TheStreet Ratings rates Peabody Energy Corporation as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, generally high debt management risk, disappointing return on equity, poor profit margins and generally disappointing historical performance in the stock itself. You can view the full Peabody Energy Corporation 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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