Ex-Dividends To Watch: 5 Stocks Going Ex-Dividend Tomorrow: BOBE, GPI, UHS, JWN, MCD

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. 27, 2013, 44 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0% to 8.6%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar.

Highlighted Stocks Going Ex-Dividend Tomorrow:

Bob Evans Farms

Owners of Bob Evans Farms (NASDAQ: BOBE) shares as of market close today will be eligible for a dividend of 31 cents per share. At a price of $56.13 as of 9:35 a.m. ET, the dividend yield is 2.2%.

The average volume for Bob Evans Farms has been 225,900 shares per day over the past 30 days. Bob Evans Farms has a market cap of $1.5 billion and is part of the leisure industry. Shares are up 40.2% 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.

Bob Evans Farms, Inc. owns and operates full-service restaurants under the Bob Evans brand name in the United States. It also sells retail gifts, food items, and other novelties in its Bob Evans restaurants, and 6 Bob Evans restaurants & general stores.

TheStreet Ratings rates Bob Evans Farms as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, 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 somewhat disappointing return on equity. You can view the full Bob Evans Farms Ratings Report now.

Group 1 Automotive

Owners of Group 1 Automotive (NYSE: GPI) shares as of market close today will be eligible for a dividend of 17 cents per share. At a price of $67.98 as of 9:31 a.m. ET, the dividend yield is 1%.

The average volume for Group 1 Automotive has been 376,600 shares per day over the past 30 days. Group 1 Automotive has a market cap of $1.6 billion and is part of the specialty retail industry. Shares are up 7.3% 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.

Group 1 Automotive, Inc., through its subsidiaries, operates in the automotive retail industry. It sells new and used cars, light trucks, and vehicle parts. The company has a P/E ratio of 15.80.

TheStreet Ratings rates Group 1 Automotive as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, reasonable valuation levels, good cash flow from operations, increase in stock price during the past year and increase in net income. 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 Group 1 Automotive Ratings Report now.

Universal Health Services

Owners of Universal Health Services (NYSE: UHS) shares as of market close today will be eligible for a dividend of 5 cents per share. At a price of $81.89 as of 9:35 a.m. ET, the dividend yield is 0.2%.

The average volume for Universal Health Services has been 613,600 shares per day over the past 30 days. Universal Health Services has a market cap of $7.3 billion and is part of the health services industry. Shares are up 68.6% 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.

Universal Health Services, Inc., through its subsidiaries, owns and operates acute care hospitals, behavioral health centers, surgical hospitals, ambulatory surgery centers, and radiation oncology centers. The company has a P/E ratio of 15.14.

TheStreet Ratings rates Universal Health Services as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, revenue growth and notable return on equity. 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 Universal Health Services Ratings Report now.

Nordstrom

Owners of Nordstrom (NYSE: JWN) shares as of market close today will be eligible for a dividend of 30 cents per share. At a price of $63.09 as of 9:35 a.m. ET, the dividend yield is 1.9%.

The average volume for Nordstrom has been 1.6 million shares per day over the past 30 days. Nordstrom has a market cap of $12.1 billion and is part of the retail industry. Shares are up 16.1% 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.

Nordstrom, Inc., a fashion specialty retailer, offers apparel, shoes, cosmetics, and accessories for women, men, and children in the United States. It operates in two segments, Retail and Credit. The Retail segment offers a selection of brand name and private label merchandise. The company has a P/E ratio of 16.60.

TheStreet Ratings rates Nordstrom as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, good cash flow from operations, increase in stock price during the past year and expanding profit margins. 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 Nordstrom Ratings Report now.

McDonald's Corporation

Owners of McDonald's Corporation (NYSE: MCD) shares as of market close today will be eligible for a dividend of 81 cents per share. At a price of $98.82 as of 9:35 a.m. ET, the dividend yield is 3.3%.

The average volume for McDonald's Corporation has been 4.7 million shares per day over the past 30 days. McDonald's Corporation has a market cap of $97.8 billion and is part of the leisure industry. Shares are up 11.4% 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.

McDonald's Corporation franchises and operates McDonald's restaurants in the United States, Europe, the Asia/Pacific, the Middle East, Africa, Canada, and Latin America. Its restaurants offer various food items, soft drinks, coffee, and other beverages, as well as breakfast menus. The company has a P/E ratio of 17.74.

TheStreet Ratings rates McDonald's 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, 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 somewhat disappointing return on equity. You can view the full McDonald's 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.

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