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, Thursday, August 06, 2015, 45 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.3% to 19.2%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar.

Highlighted Stocks Going Ex-Dividend Tomorrow:

CVR Refining

Owners of CVR Refining (NYSE: CVRR) shares, as of market close today, will be eligible for a dividend of 98 cents per share. At a price of $20.62 as of 9:35 a.m. ET, the dividend yield is 19.2%.

The average volume for CVR Refining has been 306,200 shares per day over the past 30 days. CVR Refining has a market cap of $3.0 billion and is part of the energy industry. Shares are up 22.2% year-to-date as of the close of trading on Tuesday.

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CVR Refining, LP operates as an independent petroleum refiner and marketer of transportation fuels in the United States. It owns and operates a complex full coking medium-sour crude oil refinery in Coffeyville, Kansas. The company has a P/E ratio of 16.09.

TheStreet Ratings rates CVR Refining as a hold. The company's strengths can be seen in multiple areas, such as its increase in net income, largely solid financial position with reasonable debt levels by most measures and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, a generally disappointing performance in the stock itself and weak operating cash flow. You can view the full CVR Refining Ratings Report now.

Rollins

Owners of Rollins (NYSE: ROL) shares, as of market close today, will be eligible for a dividend of 8 cents per share. At a price of $29.90 as of 9:36 a.m. ET, the dividend yield is 1.1%.

The average volume for Rollins has been 413,400 shares per day over the past 30 days. Rollins has a market cap of $6.3 billion and is part of the diversified services industry. Shares are up 34.2% year-to-date as of the close of trading on Tuesday.

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Rollins, Inc., through its subsidiaries, provides pest and termite control services to residential and commercial customers. The company has a P/E ratio of 43.09.

TheStreet Ratings rates Rollins as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, increase in net income, notable return on equity and expanding profit margins. We feel its strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. You can view the full Rollins Ratings Report now.

Buckeye Partners

At a price of $71.53 as of 9:36 a.m. ET, the dividend yield is 6.4%.

The average volume for Buckeye Partners has been 409,900 shares per day over the past 30 days. Buckeye Partners has a market cap of $9.3 billion and is part of the energy industry. Shares are down 5.9% year-to-date as of the close of trading on Tuesday.

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Buckeye Partners, L.P. owns and operates liquid petroleum products pipeline systems in the United States. The company operates through four segments: Pipelines & Terminals, Global Marine Terminals, Merchant Services, and Development & Logistics. The company has a P/E ratio of 24.34.

TheStreet Ratings rates Buckeye Partners as a buy. The company's strengths can be seen in multiple areas, such as its compelling growth in net income and growth in earnings per share. We feel its strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full Buckeye Partners 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.