5 Stocks Going Ex-Dividend Tomorrow: MUS, MYN, DBL, MMS, EXC

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. 12, 2014, 196 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.1% to 23.8%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar.

Highlighted Stocks Going Ex-Dividend Tomorrow:

BlackRock MuniHoldings Quality Fund

Owners of BlackRock MuniHoldings Quality Fund (NYSE: MUS) shares as of market close today will be eligible for a dividend of 7 cents per share. At a price of $12.63 as of 9:31 a.m. ET, the dividend yield is 6.5%.

The average volume for BlackRock MuniHoldings Quality Fund has been 66,700 shares per day over the past 30 days. BlackRock MuniHoldings Quality Fund has a market cap of $163.1 million and is part of the financial services industry. Shares are up 6.5% year-to-date as of the close of trading on Monday.

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The company has a P/E ratio of 12.93.

BlackRock MuniYield New York Quality Fund

Owners of BlackRock MuniYield New York Quality Fund (NYSE: MYN) shares as of market close today will be eligible for a dividend of 7 cents per share. At a price of $12.58 as of 9:30 a.m. ET, the dividend yield is 6.5%.

The average volume for BlackRock MuniYield New York Quality Fund has been 119,000 shares per day over the past 30 days. BlackRock MuniYield New York Quality Fund has a market cap of $496.4 million and is part of the financial services industry. Shares are up 4.5% year-to-date as of the close of trading on Monday.

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The company has a P/E ratio of 13.63.

Doubleline Opportunistic Credit Fund

Owners of Doubleline Opportunistic Credit Fund (NYSE: DBL) shares as of market close today will be eligible for a dividend of 17 cents per share. At a price of $23.14 as of 9:32 a.m. ET, the dividend yield is 8.7%.

The average volume for Doubleline Opportunistic Credit Fund has been 116,700 shares per day over the past 30 days. Doubleline Opportunistic Credit Fund has a market cap of $340.5 million and is part of the financial services industry. Shares are up 3.6% 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.

Maximus

Owners of Maximus (NYSE: MMS) shares as of market close today will be eligible for a dividend of 4 cents per share. At a price of $48.44 as of 9:40 a.m. ET, the dividend yield is 0.4%.

The average volume for Maximus has been 439,000 shares per day over the past 30 days. Maximus has a market cap of $3.2 billion and is part of the diversified services industry. Shares are up 8.6% 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.

MAXIMUS, Inc. provides business process services to government health and human services agencies in the United States, Australia, Canada, the United Kingdom, and Saudi Arabia. The company operates in two segments, Health Services and Human Services. The company has a P/E ratio of 25.53.

TheStreet Ratings rates Maximus as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, impressive record of earnings per share growth, compelling growth in net income 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 Maximus Ratings Report now.

Exelon

Owners of Exelon (NYSE: EXC) shares as of market close today will be eligible for a dividend of 31 cents per share. At a price of $29.22 as of 9:40 a.m. ET, the dividend yield is 4.2%.

The average volume for Exelon has been 7.7 million shares per day over the past 30 days. Exelon has a market cap of $25.2 billion and is part of the utilities industry. Shares are up 7.3% 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.

Exelon Corporation, a utility services holding company, engages in the energy generation and distribution business in the United States. The company has a P/E ratio of 11.78.

TheStreet Ratings rates Exelon as a hold. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income 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 poor profit margins. You can view the full Exelon 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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