5 Stocks Going Ex-Dividend Tomorrow: JSD, EDI, NPP, CSE, M

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, Dec. 11, 2013, 174 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.2% to 30.7%. 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 Short Duration Credit Opportunity Fu

Owners of Nuveen Short Duration Credit Opportunity Fu (NYSE: JSD) shares as of market close today will be eligible for a dividend of 11 cents per share. At a price of $18.31 as of 9:30 a.m. ET, the dividend yield is 7.5%.

The average volume for Nuveen Short Duration Credit Opportunity Fu has been 37,700 shares per day over the past 30 days. Nuveen Short Duration Credit Opportunity Fu has a market cap of $185.0 million and is part of the financial services industry. Shares are down 8.4% 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.

Stone Harbor Emerging Markets Total Income

Owners of Stone Harbor Emerging Markets Total Income (NYSE: EDI) shares as of market close today will be eligible for a dividend of 15 cents per share. At a price of $18.84 as of 9:35 a.m. ET, the dividend yield is 9.8%.

The average volume for Stone Harbor Emerging Markets Total Income has been 61,900 shares per day over the past 30 days. Stone Harbor Emerging Markets Total Income has a market cap of $178.3 million and is part of the financial services industry. Shares are down 24.4% 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.

Nuveen Performance Plus Municipal Fund

Owners of Nuveen Performance Plus Municipal Fund (NYSE: NPP) shares as of market close today will be eligible for a dividend of 8 cents per share. At a price of $12.92 as of 9:34 a.m. ET, the dividend yield is 7.1%.

The average volume for Nuveen Performance Plus Municipal Fund has been 161,500 shares per day over the past 30 days. Nuveen Performance Plus Municipal Fund has a market cap of $778.5 million and is part of the financial services industry. Shares are down 20.2% 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.

The company has a P/E ratio of 12.72.

CapitalSource

Owners of CapitalSource (NYSE: CSE) shares as of market close today will be eligible for a dividend of 1 cent per share. At a price of $14.35 as of 9:35 a.m. ET, the dividend yield is 0.3%.

The average volume for CapitalSource has been 1.6 million shares per day over the past 30 days. CapitalSource has a market cap of $2.8 billion and is part of the financial services industry. Shares are up 89.5% 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.

CapitalSource Inc., through its subsidiaries, provides financial products to small and middle market businesses in the United States. It offers depository products and services, such as savings and money market accounts, individual retirement account products, and certificates of deposit. The company has a P/E ratio of 18.37.

TheStreet Ratings rates CapitalSource as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, increase in net income, solid stock price performance 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 CapitalSource Ratings Report now.

Macy's

Owners of Macy's (NYSE: M) shares as of market close today will be eligible for a dividend of 25 cents per share. At a price of $52.20 as of 9:35 a.m. ET, the dividend yield is 1.9%.

The average volume for Macy's has been 5.2 million shares per day over the past 30 days. Macy's has a market cap of $19.5 billion and is part of the retail industry. Shares are up 32.8% 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.

Macy's, Inc., together with its subsidiaries, operates stores and Internet Websites in the United States. The company has a P/E ratio of 14.68.

TheStreet Ratings rates Macy's as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, solid stock price performance, growth in earnings per share 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 Macy's 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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