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. Wednesday, Wednesday, November 26, 2014, 55 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0% to 14%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar. Highlighted Stocks Going Ex-Dividend Wednesday: Dominion Resources Black Warrior Owners of Dominion Resources Black Warrior (NYSE: DOM) shares, as of market close today, will be eligible for a dividend of 18 cents per share. At a price of $7.50 as of 3:59 p.m. ET, the dividend yield is 10.3%. The average volume for Dominion Resources Black Warrior has been 107,600 shares per day over the past 30 days. Dominion Resources Black Warrior has a market cap of $55.2 million and is part of the financial services industry. Shares are up 33.2% year-to-date as of the close of trading on Friday. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. Dominion Resources Black Warrior Trust operates as a grantor trust in the United States. The company has a P/E ratio of 9.50. TheStreet Ratings rates Dominion Resources Black Warrior 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, notable return on equity, solid stock price performance and compelling growth in net income. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full Dominion Resources Black Warrior Ratings Report now.
Interactive Brokers Group Owners of Interactive Brokers Group (NASDAQ: IBKR) shares, as of market close today, will be eligible for a dividend of 10 cents per share. At a price of $27.40 as of 4:00 p.m. ET, the dividend yield is 1.5%. The average volume for Interactive Brokers Group has been 491,600 shares per day over the past 30 days. Interactive Brokers Group has a market cap of $1.6 billion and is part of the financial services industry. Shares are up 10.8% year-to-date as of the close of trading on Friday. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. Interactive Brokers Group, Inc. operates as an automated electronic broker and market maker. The company has a P/E ratio of 38.03. TheStreet Ratings rates Interactive Brokers Group as a buy. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, increase in stock price during the past year, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Interactive Brokers Group Ratings Report now.
Sinclair Broadcast Group Owners of Sinclair Broadcast Group (NASDAQ: SBGI) shares, as of market close today, will be eligible for a dividend of 16 cents per share. At a price of $29.77 as of 4:00 p.m. ET, the dividend yield is 2.4%. The average volume for Sinclair Broadcast Group has been 1.2 million shares per day over the past 30 days. Sinclair Broadcast Group has a market cap of $1.9 billion and is part of the media industry. Shares are down 22.6% year-to-date as of the close of trading on Friday. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. Sinclair Broadcast Group, Inc., a diversified television broadcasting company, owns and operates, programs, or provides sales services to television stations in the United States. The company has a P/E ratio of 23.03. TheStreet Ratings rates Sinclair Broadcast Group as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity and increase in net income. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk and a generally disappointing performance in the stock itself. You can view the full Sinclair Broadcast Group 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.