5 With Upcoming Ex-Dividend Dates: SLGN, FMER, CTB, IPG, MCK

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:

Silgan Holdings

Owners of Silgan Holdings (NASDAQ: SLGN) shares as of market close today will be eligible for a dividend of 14 cents per share. At a price of $46.96 as of 9:34 a.m. ET, the dividend yield is 1.2%.

The average volume for Silgan Holdings has been 234,400 shares per day over the past 30 days. Silgan Holdings has a market cap of $3.0 billion and is part of the consumer non-durables industry. Shares are up 12.7% 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.

Silgan Holdings Inc. and its subsidiaries manufacture and sell rigid packaging for shelf-stable food and other consumer goods products worldwide. It operates in three segments: Metal Containers, Closures, and Plastic Containers. The company has a P/E ratio of 15.98.

TheStreet Ratings rates Silgan Holdings as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, increase in stock price during the past year and growth in earnings per share. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Silgan Holdings Ratings Report now.

Firstmerit

Owners of Firstmerit (NASDAQ: FMER) shares as of market close today will be eligible for a dividend of 16 cents per share. At a price of $23.36 as of 9:35 a.m. ET, the dividend yield is 2.8%.

The average volume for Firstmerit has been 1.1 million shares per day over the past 30 days. Firstmerit has a market cap of $3.8 billion and is part of the banking industry. Shares are up 63% 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.

FirstMerit Corporation operates as a bank holding company for FirstMerit Bank, N.A. that provides various banking, fiduciary, financial, insurance, and investment services to corporate, institutional, and individual customers. The company has a P/E ratio of 19.94.

TheStreet Ratings rates Firstmerit as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, expanding profit margins, solid stock price performance and compelling growth in net income. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full Firstmerit Ratings Report now.

Cooper Tire & Rubber Company

Owners of Cooper Tire & Rubber Company (NYSE: CTB) shares as of market close today will be eligible for a dividend of 10 cents per share. At a price of $24.93 as of 9:35 a.m. ET, the dividend yield is 1.7%.

The average volume for Cooper Tire & Rubber Company has been 1.9 million shares per day over the past 30 days. Cooper Tire & Rubber Company has a market cap of $1.6 billion and is part of the consumer non-durables industry. Shares are down 3.8% 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.

Cooper Tire & Rubber Company, together with its subsidiaries, manufactures and markets replacement tires worldwide. It operates in two segments, North American Tire Operations and International Tire Operations. The company has a P/E ratio of 6.51.

TheStreet Ratings rates Cooper Tire & Rubber Company 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, attractive valuation levels, increase in stock price during the past year and notable return on equity. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. You can view the full Cooper Tire & Rubber Company Ratings Report now.

Interpublic Group of Companies

Owners of Interpublic Group of Companies (NYSE: IPG) shares as of market close today will be eligible for a dividend of 8 cents per share. At a price of $17.15 as of 9:35 a.m. ET, the dividend yield is 1.7%.

The average volume for Interpublic Group of Companies has been 5.0 million shares per day over the past 30 days. Interpublic Group of Companies has a market cap of $7.2 billion and is part of the media industry. Shares are up 57.4% 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.

The Interpublic Group of Companies, Inc., through its subsidiaries, provides advertising and marketing services worldwide. The company operates in two segments, Integrated Agency Networks and Constituency Management Group. The company has a P/E ratio of 20.89.

TheStreet Ratings rates Interpublic Group of Companies 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, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. You can view the full Interpublic Group of Companies Ratings Report now.

McKesson

Owners of McKesson (NYSE: MCK) shares as of market close today will be eligible for a dividend of 24 cents per share. At a price of $164.70 as of 9:35 a.m. ET, the dividend yield is 0.6%.

The average volume for McKesson has been 1.5 million shares per day over the past 30 days. McKesson has a market cap of $37.6 billion and is part of the wholesale industry. Shares are up 68.7% 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.

McKesson Corporation, together with its subsidiaries, delivers pharmaceuticals, medical supplies, and health care information technologies to the healthcare industry primarily in the United States. It operates in two segments, McKesson Distribution Solutions and McKesson Technology Solutions. The company has a P/E ratio of 27.50.

TheStreet Ratings rates McKesson as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, growth in earnings per share, 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 shows weak operating cash flow. You can view the full McKesson 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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