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. Tomorrow, Wednesday, April 08, 2015, 42 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.5% to 10.3%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar. Highlighted Stocks Going Ex-Dividend Tomorrow: Delaware Enhanced Global Dividend & Income Owners of Delaware Enhanced Global Dividend & Income (NYSE: DEX) shares, as of market close today, will be eligible for a dividend of 8 cents per share. At a price of $11.51 as of 9:40 a.m. ET, the dividend yield is 7.9%. The average volume for Delaware Enhanced Global Dividend & Income has been 52,000 shares per day over the past 30 days. Delaware Enhanced Global Dividend & Income has a market cap of $180.5 million and is part of the financial services industry. Shares are up 2% year-to-date as of the close of trading on Monday. EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.
Rait Financial Owners of Rait Financial (NYSE: RAS) shares, as of market close today, will be eligible for a dividend of 18 cents per share. At a price of $7.03 as of 9:41 a.m. ET, the dividend yield is 10.3%. The average volume for Rait Financial has been 663,200 shares per day over the past 30 days. Rait Financial has a market cap of $578.9 million and is part of the real estate industry. Shares are down 8.6% year-to-date as of the close of trading on Monday. EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE. RAIT Financial Trust operates as a self-managed and self-advised real estate investment trust (REIT). The company, through its subsidiaries, invests in, manages, and services real estate-related assets with a focus on commercial real estate. TheStreet Ratings rates Rait Financial as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, poor profit margins and generally disappointing historical performance in the stock itself. You can view the full Rait Financial Ratings Report now.
Roper Industries Owners of Roper Industries (NYSE: ROP) shares, as of market close today, will be eligible for a dividend of 25 cents per share. At a price of $171.77 as of 9:41 a.m. ET, the dividend yield is 0.6%. The average volume for Roper Industries has been 435,700 shares per day over the past 30 days. Roper Industries has a market cap of $17.2 billion and is part of the industrial industry. Shares are up 10.1% year-to-date as of the close of trading on Monday. EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE. Roper Industries, Inc., a diversified technology company, designs and develops software (both license and software-as-a-service), and engineered products and solutions for healthcare, transportation, food, energy, water, education, and academic research markets worldwide. The company has a P/E ratio of 26.78. TheStreet Ratings rates Roper Industries 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, good cash flow from operations and solid stock price performance. 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 Roper Industries 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.