5 Stocks Going Ex-Dividend Tomorrow: MZF, MQT, NMO, BKH, EQT

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:

Managed Duration Investment Grade Municipal

Owners of Managed Duration Investment Grade Municipal (NYSE: MZF) shares as of market close today will be eligible for a dividend of 7 cents per share. At a price of $12.34 as of 9:39 a.m. ET, the dividend yield is 7.1%.

The average volume for Managed Duration Investment Grade Municipal has been 27,800 shares per day over the past 30 days. Managed Duration Investment Grade Municipal has a market cap of $84.1 million and is part of the financial services industry. Shares are down 19.2% 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 13.73.

BlackRock MuniYield Quality II

Owners of BlackRock MuniYield Quality II (NYSE: MQT) shares as of market close today will be eligible for a dividend of 7 cents per share. At a price of $11.72 as of 9:34 a.m. ET, the dividend yield is 7.2%.

The average volume for BlackRock MuniYield Quality II has been 61,600 shares per day over the past 30 days. BlackRock MuniYield Quality II has a market cap of $264.2 million and is part of the financial services industry. Shares are down 18.9% 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 13.16.

Nuveen Municipal Market Opportunity

Owners of Nuveen Municipal Market Opportunity (NYSE: NMO) shares as of market close today will be eligible for a dividend of 6 cents per share. At a price of $11.90 as of 9:40 a.m. ET, the dividend yield is 6.5%.

The average volume for Nuveen Municipal Market Opportunity has been 131,700 shares per day over the past 30 days. Shares are down 18.1% 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 11.65.

Black Hills Corporation

Owners of Black Hills Corporation (NYSE: BKH) shares as of market close today will be eligible for a dividend of 38 cents per share. At a price of $51.72 as of 9:35 a.m. ET, the dividend yield is 3%.

The average volume for Black Hills Corporation has been 178,200 shares per day over the past 30 days. Black Hills Corporation has a market cap of $2.3 billion and is part of the utilities industry. Shares are up 40.6% 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.

Black Hills Corporation, together with its subsidiaries, operates as a diversified energy company in the United States. The company has a P/E ratio of 17.74.

TheStreet Ratings rates Black Hills Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance 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 Black Hills Corporation Ratings Report now.

EQT

Owners of EQT (NYSE: EQT) shares as of market close today will be eligible for a dividend of 3 cents per share. At a price of $83.78 as of 9:35 a.m. ET, the dividend yield is 0.1%.

The average volume for EQT has been 1.2 million shares per day over the past 30 days. EQT has a market cap of $12.6 billion and is part of the utilities industry. Shares are up 41.4% 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.

EQT Corporation, together with its subsidiaries, operates as an integrated energy company in the United States. It operates in three segments: EQT Production, EQT Midstream, and Distribution. The company has a P/E ratio of 38.96.

TheStreet Ratings rates EQT as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, expanding profit margins, good cash flow from operations, compelling growth in net income and solid stock price performance. 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 EQT 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.

null

More from Markets

Asian Markets Decline in Morning Trading

Asian Markets Decline in Morning Trading

Verizon Proves Resilient in Sell-Off; Decoding the Facebook Short -- ICYMI

Verizon Proves Resilient in Sell-Off; Decoding the Facebook Short -- ICYMI

Three Big Factors That Rocked the Stock Market Tuesday

Three Big Factors That Rocked the Stock Market Tuesday

Dow Tumbles Over 400 Points; S&P 500 and Nasdaq Also Finish Lower

Dow Tumbles Over 400 Points; S&P 500 and Nasdaq Also Finish Lower

Caterpillar Bulldozes Industrial Sector With Bad News on Earnings Call

Caterpillar Bulldozes Industrial Sector With Bad News on Earnings Call