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, Wednesday, November 26, 2014, 61 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0% to 13.9%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar. Highlighted Stocks Going Ex-Dividend Tomorrow: Silgan Holdings Owners of Silgan Holdings (NASDAQ: SLGN) shares, as of market close today, will be eligible for a dividend of 15 cents per share. At a price of $49.99 as of 9:51 a.m. ET, the dividend yield is 1.2%. The average volume for Silgan Holdings has been 205,600 shares per day over the past 30 days. Silgan Holdings has a market cap of $3.1 billion and is part of the consumer non-durables industry. Shares are up 4% 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. Silgan Holdings Inc., together with its subsidiaries, manufactures and sells rigid packaging for shelf-stable food and other consumer goods products worldwide. The company operates through three segments: Metal Containers, Closures, and Plastic Containers. The company has a P/E ratio of 17.33. TheStreet Ratings rates Silgan Holdings as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, revenue growth, attractive valuation levels, increase in net income and increase in stock price during the past year. 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 Silgan Holdings Ratings Report now.
Compass Minerals International Owners of Compass Minerals International (NYSE: CMP) shares, as of market close today, will be eligible for a dividend of 60 cents per share. At a price of $89.78 as of 9:50 a.m. ET, the dividend yield is 2.6%. The average volume for Compass Minerals International has been 254,100 shares per day over the past 30 days. Compass Minerals International has a market cap of $3.1 billion and is part of the metals & mining industry. Shares are up 12.5% 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. Compass Minerals International, Inc., through its subsidiaries, produces and markets inorganic mineral products primarily in North America and the United Kingdom. It operates in two segments: Salt and Specialty Fertilizer. The company has a P/E ratio of 15.73. TheStreet Ratings rates Compass Minerals International as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity and expanding profit margins. However, as a counter to these strengths, we find that the company has favored debt over equity in the management of its balance sheet. You can view the full Compass Minerals International Ratings Report now.
Expeditors International of Washington Owners of Expeditors International of Washington (NASDAQ: EXPD) shares, as of market close today, will be eligible for a dividend of 32 cents per share. At a price of $44.99 as of 9:51 a.m. ET, the dividend yield is 1.4%. The average volume for Expeditors International of Washington has been 1.3 million shares per day over the past 30 days. Expeditors International of Washington has a market cap of $8.6 billion and is part of the transportation industry. Shares are up 0.5% 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. Expeditors International of Washington, Inc. provides logistics services. The company has a P/E ratio of 24.73. TheStreet Ratings rates Expeditors International of Washington 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, growth in earnings per share, increase in net income and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Expeditors International of Washington 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.