Tomorrow's Ex-Dividends To Watch: NQC, BLE, JPI, TCB, RDS.A

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 California Investment Quality Munici

Owners of Nuveen California Investment Quality Munici (NYSE: NQC) shares as of market close today will be eligible for a dividend of 8 cents per share. At a price of $13.17 as of 9:30 a.m. ET, the dividend yield is 6.9%.

The average volume for Nuveen California Investment Quality Munici has been 31,100 shares per day over the past 30 days. Nuveen California Investment Quality Munici has a market cap of $181.7 million and is part of the financial services industry. Shares are down 15.1% 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 13.58.

Blackrock Municipal Income Trust II

Owners of Blackrock Municipal Income Trust II (AMEX: BLE) shares as of market close today will be eligible for a dividend of 9 cents per share. At a price of $13.74 as of 9:29 a.m. ET, the dividend yield is 7.5%.

The average volume for Blackrock Municipal Income Trust II has been 60,000 shares per day over the past 30 days. Blackrock Municipal Income Trust II has a market cap of $320.7 million and is part of the financial services industry. Shares are down 15.6% 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.

The company has a P/E ratio of 11.59.

Nuveen Preferred & Income Term Fund

Owners of Nuveen Preferred & Income Term Fund (NYSE: JPI) shares as of market close today will be eligible for a dividend of 17 cents per share. At a price of $22.30 as of 9:29 a.m. ET, the dividend yield is 9.1%.

The average volume for Nuveen Preferred & Income Term Fund has been 79,100 shares per day over the past 30 days. Nuveen Preferred & Income Term Fund has a market cap of $508.3 million and is part of the financial services industry. Shares are down 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.

TCF Financial Corporation

Owners of TCF Financial Corporation (NYSE: TCB) shares as of market close today will be eligible for a dividend of 5 cents per share. At a price of $15.69 as of 9:30 a.m. ET, the dividend yield is 1.3%.

The average volume for TCF Financial Corporation has been 1.2 million shares per day over the past 30 days. Shares are up 30.1% 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.

TCF Financial Corporation operates as the bank holding company for TCF National Bank that provides various retail and wholesale banking products and services. The company has a P/E ratio of 21.08.

TheStreet Ratings rates TCF Financial Corporation as a buy. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, expanding profit margins, solid stock price performance, impressive record of earnings per share growth and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full TCF Financial Corporation Ratings Report now.

Royal Dutch Shell PLC ADR Class A

Owners of Royal Dutch Shell PLC ADR Class A (NYSE: RDS.A) shares as of market close today will be eligible for a dividend of 77 cents per share. At a price of $66.12 as of 9:30 a.m. ET, the dividend yield is 4.6%.

The average volume for Royal Dutch Shell PLC ADR Class A has been 2.3 million shares per day over the past 30 days. Royal Dutch Shell PLC ADR Class A has a market cap of $210.1 billion and is part of the energy industry. Shares are down 4.2% 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.

Royal Dutch Shell plc operates as an independent oil and gas company worldwide. The company explores for and extracts crude oil, natural gas, and natural gas liquids. The company has a P/E ratio of 8.36.

TheStreet Ratings rates Royal Dutch Shell PLC ADR Class A as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Royal Dutch Shell PLC ADR Class A 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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