5 With Upcoming Ex-Dividend Dates: HRZN, GLO, GGN, FL, EOG

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, Jan. 15, 2014, 29 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.5% to 11.8%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar.

Highlighted Stocks Going Ex-Dividend Tomorrow:

Horizon Technology Finance

Owners of Horizon Technology Finance (NASDAQ: HRZN) shares as of market close today will be eligible for a dividend of 12 cents per share. At a price of $14.40 as of 9:29 a.m. ET, the dividend yield is 9.7%.

The average volume for Horizon Technology Finance has been 46,200 shares per day over the past 30 days. Horizon Technology Finance has a market cap of $136.8 million and is part of the financial services industry. Shares are up 0.8% 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.

Horizon Technology Finance Corporation, a specialty finance company, lends to and invests in development-stage companies in the United States. The company has a P/E ratio of 11.69.

TheStreet Ratings rates Horizon Technology Finance as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, expanding profit margins and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and disappointing return on equity. You can view the full Horizon Technology Finance Ratings Report now.

Clough Global Opportunities Fund

Owners of Clough Global Opportunities Fund (AMEX: GLO) shares as of market close today will be eligible for a dividend of 10 cents per share. At a price of $12.90 as of 9:32 a.m. ET, the dividend yield is 8.7%.

The average volume for Clough Global Opportunities Fund has been 112,900 shares per day over the past 30 days. Clough Global Opportunities Fund has a market cap of $676.2 million and is part of the financial services industry. Shares are unchanged 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.

GAMCO Global Gold NT by G

Owners of GAMCO Global Gold NT by G (AMEX: GGN) shares as of market close today will be eligible for a dividend of 9 cents per share. At a price of $9.35 as of 9:34 a.m. ET, the dividend yield is 11.6%.

The average volume for GAMCO Global Gold NT by G has been 667,400 shares per day over the past 30 days. GAMCO Global Gold NT by G has a market cap of $969.1 million and is part of the financial services industry. Shares are up 3.4% 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.

Foot Locker

Owners of Foot Locker (NYSE: FL) shares as of market close today will be eligible for a dividend of 20 cents per share. At a price of $40.73 as of 9:35 a.m. ET, the dividend yield is 1.9%.

The average volume for Foot Locker has been 1.8 million shares per day over the past 30 days. Foot Locker has a market cap of $6.1 billion and is part of the consumer non-durables industry. Shares are down 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.

Foot Locker, Inc., together with its subsidiaries, operates as a retailer of athletic footwear and apparel. The company operates in two segments, Athletic Stores and Direct-to-Customers. The company has a P/E ratio of 15.17.

TheStreet Ratings rates Foot Locker as a buy. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, revenue growth, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels 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 Foot Locker Ratings Report now.

EOG Resources

Owners of EOG Resources (NYSE: EOG) shares as of market close today will be eligible for a dividend of 19 cents per share. At a price of $165.49 as of 9:35 a.m. ET, the dividend yield is 0.5%.

The average volume for EOG Resources has been 1.9 million shares per day over the past 30 days. EOG Resources has a market cap of $45.5 billion and is part of the energy industry. Shares are down 2.6% 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.

EOG Resources, Inc., together with its subsidiaries, engages in the exploration, development, production, and marketing of crude oil and natural gas. The company has a P/E ratio of 41.09.

TheStreet Ratings rates EOG Resources as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, increase in net income, good cash flow from operations, 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 EOG Resources 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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