Tomorrow's Ex-Dividends To Watch: SXE, ROYT, CMLP, SCCO, FE

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:

Southcross Energy Partners

Owners of Southcross Energy Partners (NYSE: SXE) shares as of market close today will be eligible for a dividend of 40 cents per share. At a price of $20.20 as of 9:30 a.m. ET, the dividend yield is 7.9%.

The average volume for Southcross Energy Partners has been 34,700 shares per day over the past 30 days. Southcross Energy Partners has a market cap of $246.9 million and is part of the utilities industry. Shares are down 15.3% 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.

Pacific Coast Oil

Owners of Pacific Coast Oil (NYSE: ROYT) shares as of market close today will be eligible for a dividend of 15 cents per share. At a price of $14.84 as of 9:35 a.m. ET, the dividend yield is 11.8%.

The average volume for Pacific Coast Oil has been 357,700 shares per day over the past 30 days. Shares are down 13.5% 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.

Crestwood Midstream Partners

Owners of Crestwood Midstream Partners (NYSE: CMLP) shares as of market close today will be eligible for a dividend of 41 cents per share. At a price of $21.92 as of 9:29 a.m. ET, the dividend yield is 7.4%.

The average volume for Crestwood Midstream Partners has been 780,800 shares per day over the past 30 days. Crestwood Midstream Partners has a market cap of $3.6 billion and is part of the energy industry. Shares are down 1.6% 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.

Inergy Midstream, L.P. develops, acquires, owns, and operates midstream energy assets. It operates through three segments: Storage and Transportation, Salt, and Crude. The company has a P/E ratio of 109.50.

TheStreet Ratings rates Crestwood Midstream Partners as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, feeble growth in the company's earnings per share and deteriorating net income. You can view the full Crestwood Midstream Partners Ratings Report now.

Southern Copper Corporation

Owners of Southern Copper Corporation (NYSE: SCCO) shares as of market close today will be eligible for a dividend of 12 cents per share. At a price of $28.64 as of 9:30 a.m. ET, the dividend yield is 2.4%.

The average volume for Southern Copper Corporation has been 1.7 million shares per day over the past 30 days. Southern Copper Corporation has a market cap of $23.5 billion and is part of the metals & mining industry. Shares are down 26.2% 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.

Southern Copper Corporation engages in mining, exploring, producing, smelting, and refining copper and other minerals in Peru, Mexico, and Chile. The company has a P/E ratio of 13.50.

TheStreet Ratings rates Southern Copper Corporation as a hold. The company's strengths can be seen in multiple areas, such as its expanding profit margins, largely solid financial position with reasonable debt levels by most measures and notable return on equity. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and weak operating cash flow. You can view the full Southern Copper Corporation Ratings Report now.

FirstEnergy

Owners of FirstEnergy (NYSE: FE) shares as of market close today will be eligible for a dividend of 55 cents per share. At a price of $38.12 as of 4:01 p.m. ET, the dividend yield is 5.8%.

The average volume for FirstEnergy has been 3.3 million shares per day over the past 30 days. FirstEnergy has a market cap of $15.9 billion and is part of the utilities industry. Shares are down 9.1% year to date as of the close of trading on Thursday.

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

FirstEnergy Corp., a diversified energy holding company, engages in the generation, transmission, and distribution of electricity in the United States. The company operates in Regulated Distribution, Regulated Transmission, and Competitive Energy Services segments. The company has a P/E ratio of 51.31.

TheStreet Ratings rates FirstEnergy as a hold. The company's strongest point has been its expanding profit margins. At the same time, however, we also find weaknesses including deteriorating net income, generally higher debt management risk and disappointing return on equity. You can view the full FirstEnergy 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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