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Tomorrow, Wednesday, March 04, 2015, 37 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.1% to 7.6%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar.

Highlighted Stocks Going Ex-Dividend Tomorrow:

Old Republic International Corporation

Owners of Old Republic International Corporation (NYSE: ORI) shares, as of market close today, will be eligible for a dividend of 18 cents per share. At a price of $15.12 as of 9:41 a.m. ET, the dividend yield is 4.9%.

The average volume for Old Republic International Corporation has been 1.2 million shares per day over the past 30 days. Old Republic International Corporation has a market cap of $4.0 billion and is part of the insurance industry. Shares are up 3.8% year-to-date as of the close of trading on Monday.

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Old Republic International Corporation, through its subsidiaries, is engaged in underwriting insurance products primarily in the United States and Canada. The company has a P/E ratio of 10.53.

TheStreet Ratings rates Old Republic International Corporation 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 and attractive valuation levels. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. You can view the full Old Republic International Corporation Ratings Report now.

Navient

Owners of Navient (NASDAQ: NAVI) shares, as of market close today, will be eligible for a dividend of 16 cents per share. At a price of $19.26 as of 9:41 a.m. ET, the dividend yield is 3%.

The average volume for Navient has been 2.2 million shares per day over the past 30 days. Navient has a market cap of $8.8 billion and is part of the financial services industry. Shares are down 9.7% year-to-date as of the close of trading on Monday.

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Navient Corporation provides financial products and services focusing on the education sector. The company's Consumer Lending segment originates, acquires, finances, and services private education loans. The company has a P/E ratio of 7.96.

TheStreet Ratings rates Navient as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, notable return on equity, attractive valuation levels 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 Navient Ratings Report now.

Genuine Parts

Owners of Genuine Parts (NYSE: GPC) shares, as of market close today, will be eligible for a dividend of 62 cents per share. At a price of $96.57 as of 9:41 a.m. ET, the dividend yield is 2.6%.

The average volume for Genuine Parts has been 968,400 shares per day over the past 30 days. Genuine Parts has a market cap of $14.7 billion and is part of the specialty retail industry. Shares are down 9% year-to-date as of the close of trading on Monday.

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Genuine Parts Company distributes automotive replacement parts, industrial replacement parts, office products, and electrical/electronic materials in the United States, Puerto Rico, the Dominican Republic, Mexico, and Canada. The company has a P/E ratio of 20.84.

TheStreet Ratings rates Genuine Parts as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in stock price during the past year, growth in earnings per share, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Genuine Parts 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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