5 With Upcoming Ex-Dividend Dates: NKA, EVEP, NS, HAR, AEP

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, Feb. 6, 2014, 42 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.6% to 11.1%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar.

Highlighted Stocks Going Ex-Dividend Tomorrow:

Niska Gas Storage Partners

Owners of Niska Gas Storage Partners (NYSE: NKA) shares as of market close today will be eligible for a dividend of 35 cents per share. At a price of $16.01 as of 9:34 a.m. ET, the dividend yield is 8.9%.

The average volume for Niska Gas Storage Partners has been 61,300 shares per day over the past 30 days. Niska Gas Storage Partners has a market cap of $556.7 million and is part of the utilities industry. Shares are up 10.4% 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.

Niska Gas Storage Partners LLC owns and operates natural gas storage assets in North America.

TheStreet Ratings rates Niska Gas Storage Partners as a hold. Among the primary strengths of the company is its solid stock price performance. At the same time, however, we also find weaknesses including unimpressive growth in net income and poor profit margins. You can view the full Niska Gas Storage Partners Ratings Report now.

EV Energy Partner

Owners of EV Energy Partner (NASDAQ: EVEP) shares as of market close today will be eligible for a dividend of 77 cents per share. At a price of $35.24 as of 9:35 a.m. ET, the dividend yield is 8.7%.

The average volume for EV Energy Partner has been 313,300 shares per day over the past 30 days. EV Energy Partner has a market cap of $1.7 billion and is part of the energy industry. Shares are up 5% 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.

EV Energy Partners, L.P. engages in the acquisition, development, and production of oil and natural gas properties in the United States.

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

NuStar Energy L.P

At a price of $49.50 as of 9:34 a.m. ET, the dividend yield is 8.9%.

The average volume for NuStar Energy L.P has been 470,500 shares per day over the past 30 days. NuStar Energy L.P has a market cap of $3.8 billion and is part of the energy industry. Shares are down 4.7% 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.

NuStar Energy L.P. engages in the terminalling, storage, and transportation of petroleum products primarily in the United States and the Netherlands. The company operates in three segments: Storage, Transportation, and Asphalt and Fuels Marketing. The company has a P/E ratio of 67.53.

TheStreet Ratings rates NuStar Energy L.P as a hold. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, impressive record of earnings per share growth and notable return on equity. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, generally higher debt management risk and weak operating cash flow. You can view the full NuStar Energy L.P Ratings Report now.

Harman International Industries

Owners of Harman International Industries (NYSE: HAR) shares as of market close today will be eligible for a dividend of 30 cents per share. At a price of $101.21 as of 9:35 a.m. ET, the dividend yield is 1.2%.

The average volume for Harman International Industries has been 758,400 shares per day over the past 30 days. Harman International Industries has a market cap of $6.7 billion and is part of the consumer durables industry. Shares are up 24.1% 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.

Harman International Industries, Incorporated designs, develops, manufactures, and markets audio products, lighting solutions, and electronic systems, as well as digitally integrated audio and infotainment systems for the automotive industry worldwide. The company has a P/E ratio of 43.91.

TheStreet Ratings rates Harman International Industries as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures, 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 Harman International Industries Ratings Report now.

American Electric Power

Owners of American Electric Power (NYSE: AEP) shares as of market close today will be eligible for a dividend of 50 cents per share. At a price of $48.24 as of 9:35 a.m. ET, the dividend yield is 4.1%.

The average volume for American Electric Power has been 3.0 million shares per day over the past 30 days. American Electric Power has a market cap of $23.5 billion and is part of the utilities industry. Shares are up 3.8% 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.

American Electric Power Company, Inc., a public utility holding company, engages in the generation, transmission, and distribution of electric power to retail customers. The company generates electricity using coal and lignite, natural gas, nuclear energy, and hydroelectric energy. The company has a P/E ratio of 15.89.

TheStreet Ratings rates American Electric Power as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, compelling growth in net income, notable return on equity and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full American Electric Power 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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