Ex-Dividend Alert: 5 Stocks Going Ex-Dividend Monday: NBD, JSD, JLS, NMA, BKE

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.

Monday, Jan. 13, 2014, 141 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.3% to 39%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar.

Highlighted Stocks Going Ex-Dividend Monday:

Nuveen Build America Bond Opportunity Fund

Owners of Nuveen Build America Bond Opportunity Fund (NYSE: NBD) shares as of market close today will be eligible for a dividend of 11 cents per share. At a price of $19.82 as of 9:29 a.m. ET, the dividend yield is 6.9%.

The average volume for Nuveen Build America Bond Opportunity Fund has been 28,200 shares per day over the past 30 days. Nuveen Build America Bond Opportunity Fund has a market cap of $142.3 million and is part of the financial services industry. Shares are up 2% year-to-date as of the close of trading on Thursday.

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

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 $18.88 as of 9:34 a.m. ET, the dividend yield is 7.2%.

The average volume for Nuveen Short Duration Credit Opportunity Fu has been 47,100 shares per day over the past 30 days. Nuveen Short Duration Credit Opportunity Fu has a market cap of $191.6 million and is part of the financial services industry. Shares are up 0.5% year-to-date as of the close of trading on Thursday.

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

Nuveen Mortgage Opportunity Term

Owners of Nuveen Mortgage Opportunity Term (NYSE: JLS) shares as of market close today will be eligible for a dividend of 14 cents per share. At a price of $23.70 as of 9:31 a.m. ET, the dividend yield is 7.2%.

The average volume for Nuveen Mortgage Opportunity Term has been 66,100 shares per day over the past 30 days. Nuveen Mortgage Opportunity Term has a market cap of $374.8 million and is part of the financial services industry. Shares are up 2.2% year-to-date as of the close of trading on Thursday.

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

Nuveen Municipal Advantage

Owners of Nuveen Municipal Advantage (NYSE: NMA) shares as of market close today will be eligible for a dividend of 7 cents per share. At a price of $12.49 as of 9:34 a.m. ET, the dividend yield is 6.5%.

The average volume for Nuveen Municipal Advantage has been 208,800 shares per day over the past 30 days. Nuveen Municipal Advantage has a market cap of $542.3 million and is part of the financial services industry. Shares are up 2.4% year-to-date as of the close of trading on Thursday.

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 11.39.

Buckle

At a price of $49.99 as of 9:34 a.m. ET, the dividend yield is 1.7%.

The average volume for Buckle has been 265,000 shares per day over the past 30 days. Buckle has a market cap of $2.4 billion and is part of the retail industry. Shares are down 5.2% year-to-date as of the close of trading on Thursday.

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

The Buckle, Inc. operates as a retailer of casual apparel, footwear, and accessories for young men and women in the continental United States. The company has a P/E ratio of 14.73.

TheStreet Ratings rates Buckle 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, increase in stock price during the past year and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Buckle 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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