Ex-Dividend Alert: 5 Stocks Going Ex-Dividend Tomorrow: NNJ, NAC, MUC, JNY, DLPH

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:

Nuveen New Jersey Premium Income Municipal

Owners of Nuveen New Jersey Premium Income Municipal (NYSE: NNJ) shares as of market close today will be eligible for a dividend of 7 cents per share. At a price of $13.16 as of 9:30 a.m. ET, the dividend yield is 6.5%.

The average volume for Nuveen New Jersey Premium Income Municipal has been 27,500 shares per day over the past 30 days. Nuveen New Jersey Premium Income Municipal has a market cap of $158.0 million and is part of the financial services industry. Shares are down 20.9% year to date as of the close of trading on Monday.

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The company has a P/E ratio of 14.53.

Nuveen CA Dividend Advantage Municipal Fund

Owners of Nuveen CA Dividend Advantage Municipal Fund (NYSE: NAC) shares as of market close today will be eligible for a dividend of 7 cents per share. At a price of $12.76 as of 9:32 a.m. ET, the dividend yield is 6.9%.

The average volume for Nuveen CA Dividend Advantage Municipal Fund has been 59,700 shares per day over the past 30 days. Nuveen CA Dividend Advantage Municipal Fund has a market cap of $304.2 million and is part of the financial services industry. Shares are down 19.7% year to date as of the close of trading on Monday.

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The company has a P/E ratio of 12.43.

BlackRock MuniHoldings California Quality F

Owners of BlackRock MuniHoldings California Quality F (NYSE: MUC) shares as of market close today will be eligible for a dividend of 7 cents per share. At a price of $13.39 as of 9:30 a.m. ET, the dividend yield is 6.4%.

The average volume for BlackRock MuniHoldings California Quality F has been 121,000 shares per day over the past 30 days. BlackRock MuniHoldings California Quality F has a market cap of $551.9 million and is part of the financial services industry. Shares are down 17.6% year to date as of the close of trading on Monday.

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The company has a P/E ratio of 12.82.

Jones Group

Owners of Jones Group (NYSE: JNY) shares as of market close today will be eligible for a dividend of 5 cents per share. At a price of $13.65 as of 9:29 a.m. ET, the dividend yield is 1.5%.

The average volume for Jones Group has been 1.0 million shares per day over the past 30 days. Jones Group has a market cap of $1.1 billion and is part of the retail industry. Shares are up 22.1% year to date as of the close of trading on Monday.

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The Jones Group Inc. engages in the design, marketing, and wholesale of apparel, footwear, jeanswear, jewelry, and handbags.

TheStreet Ratings rates Jones Group as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity and generally higher debt management risk. You can view the full Jones Group Ratings Report now.

Delphi Automotive

Owners of Delphi Automotive (NYSE: DLPH) shares as of market close today will be eligible for a dividend of 17 cents per share. At a price of $54.57 as of 9:30 a.m. ET, the dividend yield is 1.2%.

The average volume for Delphi Automotive has been 1.9 million shares per day over the past 30 days. Delphi Automotive has a market cap of $17.1 billion and is part of the automotive industry. Shares are up 44.9% 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.

Delphi Automotive PLC, together with its subsidiaries, manufactures vehicle components; and provides electrical and electronic, powertrain, safety, and thermal technology solutions for the automotive and commercial vehicle markets worldwide. The company has a P/E ratio of 16.49.

TheStreet Ratings rates Delphi Automotive as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow and poor profit margins. You can view the full Delphi Automotive 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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