Ex-Dividend Alert: 5 Stocks Going Ex-Dividend Tomorrow: FTF, TGP, BAM, EPD, MS

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. 29, 2014, 52 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.2% to 14.2%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar.

Highlighted Stocks Going Ex-Dividend Tomorrow:

Franklin Templeton Ltd Duration Inc Tr

Owners of Franklin Templeton Ltd Duration Inc Tr (AMEX: FTF) shares as of market close today will be eligible for a dividend of 7 cents per share. At a price of $13.17 as of 9:34 a.m. ET, the dividend yield is 6.7%.

The average volume for Franklin Templeton Ltd Duration Inc Tr has been 83,500 shares per day over the past 30 days. Franklin Templeton Ltd Duration Inc Tr has a market cap of $353.2 million and is part of the financial services industry. Shares are up 1.3% 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.

The company has a P/E ratio of 11.96.

Teekay LNG Partners L.P

Owners of Teekay LNG Partners L.P (NYSE: TGP) shares as of market close today will be eligible for a dividend of 69 cents per share. At a price of $40.82 as of 9:35 a.m. ET, the dividend yield is 6.7%.

The average volume for Teekay LNG Partners L.P has been 162,300 shares per day over the past 30 days. Teekay LNG Partners L.P has a market cap of $2.9 billion and is part of the transportation industry. Shares are down 4.6% 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.

Teekay LNG Partners L.P. provides marine transportation services for liquefied natural gas (LNG), liquefied petroleum gas (LPG), and crude oil worldwide. The company has a P/E ratio of 26.83.

TheStreet Ratings rates Teekay LNG Partners L.P as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins and notable return on equity. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk, weak operating cash flow and unimpressive growth in net income. You can view the full Teekay LNG Partners L.P Ratings Report now.

Brookfield Asset Management

Owners of Brookfield Asset Management (NYSE: BAM) shares as of market close today will be eligible for a dividend of 20 cents per share. At a price of $37.13 as of 9:35 a.m. ET, the dividend yield is 2.1%.

The average volume for Brookfield Asset Management has been 727,000 shares per day over the past 30 days. Brookfield Asset Management has a market cap of $23.5 billion and is part of the real estate industry. Shares are down 4.6% 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.

Brookfield Asset Management Inc. is a publicly owned asset management holding company. Through its subsidiaries the firm invests in the property, power, and infrastructure sectors. The company has a P/E ratio of 13.48.

TheStreet Ratings rates Brookfield Asset Management as a buy. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, attractive valuation levels, good cash flow from operations, notable return on equity and impressive record of earnings per share growth. 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 Brookfield Asset Management Ratings Report now.

Enterprise Products Partners

Owners of Enterprise Products Partners (NYSE: EPD) shares as of market close today will be eligible for a dividend of 70 cents per share. At a price of $64.06 as of 9:35 a.m. ET, the dividend yield is 4.3%.

The average volume for Enterprise Products Partners has been 1.1 million shares per day over the past 30 days. Enterprise Products Partners has a market cap of $60.5 billion and is part of the energy industry. Shares are down 3.1% 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.

Enterprise Products Partners L.P. provides midstream energy services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, refined products, and petrochemicals in the United States and internationally. The company has a P/E ratio of 23.54.

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

Morgan Stanley

Owners of Morgan Stanley (NYSE: MS) shares as of market close today will be eligible for a dividend of 5 cents per share. At a price of $29.87 as of 9:35 a.m. ET, the dividend yield is 0.7%.

The average volume for Morgan Stanley has been 11.7 million shares per day over the past 30 days. Morgan Stanley has a market cap of $59.4 billion and is part of the financial services industry. Shares are down 4.4% 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.

Morgan Stanley, a financial holding company, provides various financial products and services to corporations, governments, financial institutions, and individuals worldwide. The company has a P/E ratio of 18.34.

TheStreet Ratings rates Morgan Stanley as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth and reasonable valuation levels. However, as a counter to these strengths, we find that the growth in the company's net income has been quite unimpressive. You can view the full Morgan Stanley 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.

null

More from Markets

Flashback Friday: the Market Movers

Flashback Friday: the Market Movers

OPEC Deal Doesn't Boost Production Enough to Drive Down Crude, Gasoline Prices

OPEC Deal Doesn't Boost Production Enough to Drive Down Crude, Gasoline Prices

Dow Posts First Gain in Nine Sessions; Oil Jumps

Dow Posts First Gain in Nine Sessions; Oil Jumps

Amazon's Big Weakness in the Supreme Court Sales Tax Ruling

Amazon's Big Weakness in the Supreme Court Sales Tax Ruling

3 Must Reads on the Market From TheStreet's Top Columnists

3 Must Reads on the Market From TheStreet's Top Columnists