Tomorrow's Ex-Dividends To Watch: SUNS, FFC, HRS, MAR, MSFT

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. 19, 2013, 27 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 1% to 9.2%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar.

Highlighted Stocks Going Ex-Dividend Tomorrow:

Solar Senior Capital

Owners of Solar Senior Capital (NASDAQ: SUNS) shares as of market close today will be eligible for a dividend of 12 cents per share. At a price of $18.63 as of 9:35 a.m. ET, the dividend yield is 7.7%.

The average volume for Solar Senior Capital has been 27,000 shares per day over the past 30 days. Solar Senior Capital has a market cap of $211.3 million and is part of the financial services industry. Shares are down 1.8% year to date as of the close of trading on Friday.

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

Solar Senior Capital Ltd. is a business development company specializing in investments in leveraged, middle-market companies in the United States. The fund invests in the form of senior secured loans, including first lien, unitranche, and second lien debt instruments. The company has a P/E ratio of 26.57.

TheStreet Ratings rates Solar Senior Capital as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and feeble growth in the company's earnings per share. You can view the full Solar Senior Capital Ratings Report now.

Flaherty & Crumrine Preferred Securities In

Owners of Flaherty & Crumrine Preferred Securities In (NYSE: FFC) shares as of market close today will be eligible for a dividend of 14 cents per share. At a price of $17.90 as of 9:33 a.m. ET, the dividend yield is 9.2%.

The average volume for Flaherty & Crumrine Preferred Securities In has been 128,900 shares per day over the past 30 days. Flaherty & Crumrine Preferred Securities In has a market cap of $773.8 million and is part of the financial services industry. Shares are down 8.8% year to date as of the close of trading on Friday.

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 9.08.

Harris Corporation

Owners of Harris Corporation (NYSE: HRS) shares as of market close today will be eligible for a dividend of 42 cents per share. At a price of $64.69 as of 9:35 a.m. ET, the dividend yield is 2.6%.

The average volume for Harris Corporation has been 639,000 shares per day over the past 30 days. Harris Corporation has a market cap of $6.9 billion and is part of the telecommunications industry. Shares are up 31.6% year to date as of the close of trading on Friday.

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

Harris Corporation, together with its subsidiaries, operates as an international communications and information technology company worldwide. The company operates in three segments: RF Communications, Integrated Network Solutions, and Government Communications Systems. The company has a P/E ratio of 15.32.

TheStreet Ratings rates Harris Corporation as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, compelling growth in net income, expanding profit margins, good cash flow from operations and growth in earnings per share. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. You can view the full Harris Corporation Ratings Report now.

Marriott International

Owners of Marriott International (NASDAQ: MAR) shares as of market close today will be eligible for a dividend of 17 cents per share. At a price of $47.20 as of 9:35 a.m. ET, the dividend yield is 1.5%.

The average volume for Marriott International has been 2.2 million shares per day over the past 30 days. Marriott International has a market cap of $14.1 billion and is part of the leisure industry. Shares are up 25.9% year to date as of the close of trading on Friday.

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

Marriott International, Inc. operates, franchises, and licenses hotels and timeshare properties worldwide. The company has a P/E ratio of 22.68.

TheStreet Ratings rates Marriott International as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth and increase in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Marriott International Ratings Report now.

Microsoft Corporation

Owners of Microsoft Corporation (NASDAQ: MSFT) shares as of market close today will be eligible for a dividend of 28 cents per share. At a price of $37.37 as of 9:35 a.m. ET, the dividend yield is 2.9%.

The average volume for Microsoft Corporation has been 52.0 million shares per day over the past 30 days. Microsoft Corporation has a market cap of $317.4 billion and is part of the computer software & services industry. Shares are up 41.7% year to date as of the close of trading on Friday.

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

Microsoft Corporation (Microsoft) develops, licenses, and supports software, services, and hardware devices worldwide. The company has a P/E ratio of 14.24.

TheStreet Ratings rates Microsoft Corporation 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, notable return on equity, attractive valuation levels and solid stock price performance. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Microsoft Corporation 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

Here's Why Alphabet, Facebook and Amazon Earnings May Overshadow Tariff Worries

Here's Why Alphabet, Facebook and Amazon Earnings May Overshadow Tariff Worries

NYSE Trader Expects Blowout Earnings From Alphabet, Amazon and Facebook

NYSE Trader Expects Blowout Earnings From Alphabet, Amazon and Facebook

Don't Panic! The Risk of a Recession This Year Is Low

Don't Panic! The Risk of a Recession This Year Is Low

Even Standing Desk Company Varidesk Is Watching How the Trump Tariffs Play Out

Even Standing Desk Company Varidesk Is Watching How the Trump Tariffs Play Out

State Street Gets Pummeled on Software Deal; Pizza Wars Are Raging -- ICYMI

State Street Gets Pummeled on Software Deal; Pizza Wars Are Raging -- ICYMI