Ex-Dividend Alert: 5 Stocks Going Ex-Dividend Tomorrow: MFT, MUE, FRA, DBD, EMR

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. 13, 2013, 210 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.1% to 19.5%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar.

Highlighted Stocks Going Ex-Dividend Tomorrow:

BlackRock MuniYield Investment Quality Fund

Owners of BlackRock MuniYield Investment Quality Fund (NYSE: MFT) shares as of market close today will be eligible for a dividend of 7 cents per share. At a price of $12.14 as of 9:34 a.m. ET, the dividend yield is 7%.

The average volume for BlackRock MuniYield Investment Quality Fund has been 34,300 shares per day over the past 30 days. BlackRock MuniYield Investment Quality Fund has a market cap of $103.6 million and is part of the financial services industry. Shares are down 22.1% year to date as of the close of trading on Monday.

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The company has a P/E ratio of 12.61.

BlackRock MuniHoldings Quality Fund II

Owners of BlackRock MuniHoldings Quality Fund II (NYSE: MUE) shares as of market close today will be eligible for a dividend of 7 cents per share. At a price of $11.92 as of 9:34 a.m. ET, the dividend yield is 7%.

The average volume for BlackRock MuniHoldings Quality Fund II has been 76,900 shares per day over the past 30 days. BlackRock MuniHoldings Quality Fund II has a market cap of $270.9 million and is part of the financial services industry. Shares are down 20.2% year to date as of the close of trading on Monday.

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The company has a P/E ratio of 12.94.

BlackRock Floating Rate Income Strategies F

Owners of BlackRock Floating Rate Income Strategies F (NYSE: FRA) shares as of market close today will be eligible for a dividend of 8 cents per share. At a price of $14.56 as of 9:33 a.m. ET, the dividend yield is 6.2%.

The average volume for BlackRock Floating Rate Income Strategies F has been 127,100 shares per day over the past 30 days. BlackRock Floating Rate Income Strategies F has a market cap of $544.3 million and is part of the financial services industry. Shares are down 3.5% 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 company has a P/E ratio of 10.44.

Diebold Incorporated

Owners of Diebold Incorporated (NYSE: DBD) shares as of market close today will be eligible for a dividend of 29 cents per share. At a price of $29.86 as of 9:30 a.m. ET, the dividend yield is 3.9%.

The average volume for Diebold Incorporated has been 811,000 shares per day over the past 30 days. Diebold Incorporated has a market cap of $2.3 billion and is part of the computer software & services industry. Shares are down 4% year to date as of the close of trading on Monday.

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Diebold, Incorporated provides integrated self-service delivery and security systems and services primarily to the financial, commercial, government, and retail markets worldwide. The company has a P/E ratio of 58.78.

TheStreet Ratings rates Diebold Incorporated as a hold. Among the primary strengths of the company is its solid financial position based on a variety of debt and liquidity measures that we have evaluated. At the same time, however, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow. You can view the full Diebold Incorporated Ratings Report now.

Emerson Electric

Owners of Emerson Electric (NYSE: EMR) shares as of market close today will be eligible for a dividend of 43 cents per share. At a price of $66.75 as of 9:30 a.m. ET, the dividend yield is 2.6%.

The average volume for Emerson Electric has been 2.9 million shares per day over the past 30 days. Emerson Electric has a market cap of $47.9 billion and is part of the industrial industry. Shares are unchanged 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.

Emerson Electric Co., a diversified technology company, engages in designing and supplying products and technology, and providing engineering services and solutions to the industrial, commercial, and consumer markets worldwide. The company has a P/E ratio of 24.26.

TheStreet Ratings rates Emerson Electric as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, increase in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. 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 Emerson Electric 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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