Ex-Dividend Alert: 5 Stocks Going Ex-Dividend Tomorrow: MMLP, MKTX, EEP, AMTD, COG

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:

Martin Midstream Partners L.P

Owners of Martin Midstream Partners L.P (NASDAQ: MMLP) shares as of market close today will be eligible for a dividend of 78 cents per share. At a price of $47.45 as of 9:30 a.m. ET, the dividend yield is 6.7%.

The average volume for Martin Midstream Partners L.P has been 68,400 shares per day over the past 30 days. Martin Midstream Partners L.P has a market cap of $1.3 billion and is part of the energy industry. Shares are up 51.3% 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.

Martin Midstream Partners L.P. collects, transports, stores, and markets petroleum products and by-products in the United States Gulf Coast region. The company has a P/E ratio of 35.34.

TheStreet Ratings rates Martin Midstream Partners L.P as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, notable return on equity and solid stock price performance. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Martin Midstream Partners L.P Ratings Report now.

MarketAxess Holdings

Owners of MarketAxess Holdings (NASDAQ: MKTX) shares as of market close today will be eligible for a dividend of 13 cents per share. At a price of $64.00 as of 9:30 a.m. ET, the dividend yield is 0.8%.

The average volume for MarketAxess Holdings has been 144,400 shares per day over the past 30 days. MarketAxess Holdings has a market cap of $2.5 billion and is part of the financial services industry. Shares are up 84.8% 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.

MarketAxess Holdings Inc., through its subsidiaries, operates an electronic trading platform that allows investment industry professionals to trade corporate bonds and other types of fixed-income instruments. The company has a P/E ratio of 33.97.

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

Enbridge Energy Partners

Owners of Enbridge Energy Partners (NYSE: EEP) shares as of market close today will be eligible for a dividend of 54 cents per share. At a price of $30.65 as of 9:29 a.m. ET, the dividend yield is 7.2%.

The average volume for Enbridge Energy Partners has been 663,900 shares per day over the past 30 days. Enbridge Energy Partners has a market cap of $7.7 billion and is part of the energy industry. Shares are up 8.5% 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.

Enbridge Energy Partners, L.P. owns and operates crude oil and liquid petroleum transportation and storage assets; and natural gas gathering, treating, processing, transportation, and marketing assets in the United States.

TheStreet Ratings rates Enbridge 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 feeble growth in the company's earnings per share, disappointing return on equity and poor profit margins. You can view the full Enbridge Energy Partners Ratings Report now.

TD Ameritrade Holding Corporation

Owners of TD Ameritrade Holding Corporation (NYSE: AMTD) shares as of market close today will be eligible for a dividend of 12 cents per share. At a price of $27.70 as of 9:30 a.m. ET, the dividend yield is 1.8%.

The average volume for TD Ameritrade Holding Corporation has been 2.5 million shares per day over the past 30 days. TD Ameritrade Holding Corporation has a market cap of $15.0 billion and is part of the financial services industry. Shares are up 62.2% 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.

TD Ameritrade Holding Corporation provides securities brokerage services and technology-based financial services to retail investors, traders, and independent registered investment advisors (RIAs) in the United States. The company has a P/E ratio of 22.34.

TheStreet Ratings rates TD Ameritrade Holding Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, solid stock price performance, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full TD Ameritrade Holding Corporation Ratings Report now.

Cabot Oil & Gas Corporation

Owners of Cabot Oil & Gas Corporation (NYSE: COG) shares as of market close today will be eligible for a dividend of 2 cents per share. At a price of $35.23 as of 9:30 a.m. ET, the dividend yield is 0.2%.

The average volume for Cabot Oil & Gas Corporation has been 4.6 million shares per day over the past 30 days. Cabot Oil & Gas Corporation has a market cap of $14.9 billion and is part of the energy industry. Shares are up 40.9% 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.

Cabot Oil & Gas Corporation, an independent oil and gas company, engages in the development, exploitation, exploration, production, and marketing of natural gas, crude oil, and natural gas liquids in the United States. The company has a P/E ratio of 61.96.

TheStreet Ratings rates Cabot Oil & Gas Corporation as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth, compelling growth in net income, expanding profit margins and good cash flow from operations. 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 Cabot Oil & Gas 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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