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. Monday, Monday, November 03, 2014, 29 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.3% to 11.4%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar. Highlighted Stocks Going Ex-Dividend Monday: Global Partners Owners of Global Partners (NYSE: GLP) shares, as of market close today, will be eligible for a dividend of 65 cents per share. At a price of $40.94 as of 9:34 a.m. ET, the dividend yield is 6.4%. The average volume for Global Partners has been 26,500 shares per day over the past 30 days. Global Partners has a market cap of $1.1 billion and is part of the wholesale industry. Shares are up 13.8% year-to-date as of the close of trading on Thursday. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. Global Partners LP distributes gasoline, distillates, residual oil, renewable fuels, crude oil, natural gas, and propane to wholesalers, retailers, and commercial customers in the New England states and New York. The company has a P/E ratio of 11.23. TheStreet Ratings rates Global Partners as a buy. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, notable return on equity and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Global Partners Ratings Report now.
First Trust MLP and Energy Income Fund Owners of First Trust MLP and Energy Income Fund (NYSE: FEI) shares, as of market close today, will be eligible for a dividend of 11 cents per share. At a price of $21.35 as of 9:36 a.m. ET, the dividend yield is 6.3%. The average volume for First Trust MLP and Energy Income Fund has been 145,600 shares per day over the past 30 days. First Trust MLP and Energy Income Fund has a market cap of $960.1 million and is part of the financial services industry. Shares are up 7% year-to-date as of the close of trading on Thursday. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.
Cash America International Owners of Cash America International (NYSE: CSH) shares, as of market close today, will be eligible for a dividend of 4 cents per share. At a price of $48.50 as of 4:03 p.m. ET, the dividend yield is 0.3%. The average volume for Cash America International has been 193,200 shares per day over the past 30 days. Cash America International has a market cap of $1.4 billion and is part of the financial services industry. Shares are up 24.1% year-to-date as of the close of trading on Wednesday. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. Cash America International, Inc. provides specialty financial services to individuals through retail services locations and e-commerce activities. The company operates in two segments, Retail Services and E-Commerce. The company has a P/E ratio of 13.31. TheStreet Ratings rates Cash America International as a hold. 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 and reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and feeble growth in the company's earnings per share. You can view the full Cash America International 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.