Tomorrow's Ex-Dividends To Watch: ACP, BGB, JCOM, PRE, CVX

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. 14, 2013, 60 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.7% to 12.4%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar.

Highlighted Stocks Going Ex-Dividend Tomorrow:

Avenue Income Credit Strategies Fund

Owners of Avenue Income Credit Strategies Fund (NYSE: ACP) shares as of market close today will be eligible for a dividend of 12 cents per share. At a price of $17.00 as of 9:29 a.m. ET, the dividend yield is 8.5%.

The average volume for Avenue Income Credit Strategies Fund has been 48,600 shares per day over the past 30 days. Avenue Income Credit Strategies Fund has a market cap of $221.0 million and is part of the financial services industry. Shares are down 7% year to date as of the close of trading on Tuesday.

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

Blackstone / GSO Strategic Credit Fund

Owners of Blackstone / GSO Strategic Credit Fund (NYSE: BGB) shares as of market close today will be eligible for a dividend of 12 cents per share. At a price of $18.16 as of 9:33 a.m. ET, the dividend yield is 7.7%.

The average volume for Blackstone / GSO Strategic Credit Fund has been 144,700 shares per day over the past 30 days. Blackstone / GSO Strategic Credit Fund has a market cap of $809.8 million and is part of the financial services industry. Shares are down 2.3% year to date as of the close of trading on Tuesday.

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

j2 Global

Owners of j2 Global (NASDAQ: JCOM) shares as of market close today will be eligible for a dividend of 26 cents per share. At a price of $45.07 as of 9:29 a.m. ET, the dividend yield is 2.3%.

The average volume for j2 Global has been 341,400 shares per day over the past 30 days. J2 Global has a market cap of $2.1 billion and is part of the internet industry. Shares are up 47.2% year to date as of the close of trading on Tuesday.

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

j2 Global, Inc. provides services to businesses and consumers through the Internet worldwide. The company operates in two segments, Business Cloud Services and Digital Media. The company has a P/E ratio of 18.01.

TheStreet Ratings rates j2 Global as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, reasonable valuation levels, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full j2 Global Ratings Report now.

PartnerRe

Owners of PartnerRe (NYSE: PRE) shares as of market close today will be eligible for a dividend of 64 cents per share. At a price of $100.04 as of 9:30 a.m. ET, the dividend yield is 2.5%.

The average volume for PartnerRe has been 451,300 shares per day over the past 30 days. PartnerRe has a market cap of $5.3 billion and is part of the insurance industry. Shares are up 24.5% year to date as of the close of trading on Tuesday.

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

PartnerRe Ltd., through its subsidiaries, provides reinsurance services worldwide. The company has a P/E ratio of 13.19.

TheStreet Ratings rates PartnerRe as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full PartnerRe Ratings Report now.

Chevron

At a price of $119.76 as of 9:30 a.m. ET, the dividend yield is 3.3%.

The average volume for Chevron has been 5.8 million shares per day over the past 30 days. Chevron has a market cap of $232.9 billion and is part of the energy industry. Shares are up 12% year to date as of the close of trading on Tuesday.

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

Chevron Corporation, through its subsidiaries, engages in petroleum, chemicals, mining, power generation, and energy operations worldwide. The company operates in two segments, Upstream and Downstream. The company has a P/E ratio of 9.91.

TheStreet Ratings rates Chevron as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. You can view the full Chevron 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

Apple and GE Switch Roles; Musk's Super Control of Tesla Explained -- ICYMI

Apple and GE Switch Roles; Musk's Super Control of Tesla Explained -- ICYMI

Trump May Be More to Blame For Higher Oil Prices Than OPEC

Trump May Be More to Blame For Higher Oil Prices Than OPEC

Dow Falls Over 200 Points as Apple's Slump Offsets Gains in General Electric

Dow Falls Over 200 Points as Apple's Slump Offsets Gains in General Electric

Week Ahead: Major Earnings on Tap as Wall Street Readies for Geopolitical Moves

Week Ahead: Major Earnings on Tap as Wall Street Readies for Geopolitical Moves

3 Hot Reads From TheStreet's Top Premium Columnists

3 Hot Reads From TheStreet's Top Premium Columnists