Ex-Dividends To Watch: 5 Stocks Going Ex-Dividend Tomorrow: FISH, CASY, CRR, AES, BHI

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. 30, 2014, 23 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.1% 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:

Marlin Midstream Partners

Owners of Marlin Midstream Partners (NASDAQ: FISH) shares as of market close today will be eligible for a dividend of 35 cents per share. At a price of $17.35 as of 9:33 a.m. ET, the dividend yield is 8%.

The average volume for Marlin Midstream Partners has been 63,200 shares per day over the past 30 days. Marlin Midstream Partners has a market cap of $152.7 million and is part of the energy industry. Shares are up 4.1% year-to-date as of the close of trading on Tuesday.

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

Casey's General Stores

Owners of Casey's General Stores (NASDAQ: CASY) shares as of market close today will be eligible for a dividend of 18 cents per share. At a price of $67.44 as of 9:35 a.m. ET, the dividend yield is 1.1%.

The average volume for Casey's General Stores has been 261,300 shares per day over the past 30 days. Casey's General Stores has a market cap of $2.5 billion and is part of the retail industry. Shares are down 3.7% year-to-date as of the close of trading on Tuesday.

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

Casey's General Stores, Inc., together with its subsidiaries, operates convenience stores under the Casey's General Store name in 14 Midwestern states, primarily Iowa, Missouri, and Illinois. The company has a P/E ratio of 18.87.

TheStreet Ratings rates Casey's General Stores as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, compelling growth in net income, solid stock price performance 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 Casey's General Stores Ratings Report now.

Carbo Ceramics

Owners of Carbo Ceramics (NYSE: CRR) shares as of market close today will be eligible for a dividend of 30 cents per share. At a price of $109.80 as of 9:35 a.m. ET, the dividend yield is 1.1%.

The average volume for Carbo Ceramics has been 265,900 shares per day over the past 30 days. Carbo Ceramics has a market cap of $2.5 billion and is part of the energy industry. Shares are down 8% year-to-date as of the close of trading on Tuesday.

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

CARBO Ceramics Inc. manufactures and sells resin-coated ceramic and resin-coated sand proppants primarily used in the hydraulic fracturing of natural gas and oil wells in the United States and internationally. The company has a P/E ratio of 29.41.

TheStreet Ratings rates Carbo Ceramics 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, increase in net income, solid stock price performance and expanding profit margins. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full Carbo Ceramics Ratings Report now.

AES

Owners of AES (NYSE: AES) shares as of market close today will be eligible for a dividend of 5 cents per share. At a price of $13.82 as of 9:35 a.m. ET, the dividend yield is 1.5%.

The average volume for AES has been 6.5 million shares per day over the past 30 days. AES has a market cap of $10.1 billion and is part of the utilities industry. Shares are down 3.7% year-to-date as of the close of trading on Tuesday.

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 15.50.

Baker Hughes

Owners of Baker Hughes (NYSE: BHI) shares as of market close today will be eligible for a dividend of 15 cents per share. At a price of $55.27 as of 9:35 a.m. ET, the dividend yield is 1.1%.

The average volume for Baker Hughes has been 4.2 million shares per day over the past 30 days. Baker Hughes has a market cap of $24.9 billion and is part of the energy industry. Shares are up 1.8% year-to-date as of the close of trading on Tuesday.

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

Baker Hughes Incorporated supplies oilfield services, products, technology, and systems to the oil and natural gas industry worldwide. The company has a P/E ratio of 21.47.

TheStreet Ratings rates Baker Hughes 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, reasonable valuation levels, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full Baker Hughes 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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