Tomorrow, Friday, August 28, 2015, 51 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.3% to 19.7%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar.

Highlighted Stocks Going Ex-Dividend Tomorrow:

Trustmark

Owners of Trustmark (NASDAQ: TRMK) shares, as of market close today, will be eligible for a dividend of 23 cents per share. At a price of $22.76 as of 9:36 a.m. ET, the dividend yield is 4.2%.

The average volume for Trustmark has been 425,600 shares per day over the past 30 days. Trustmark has a market cap of $1.5 billion and is part of the banking industry. Shares are down 7.8% year-to-date as of the close of trading on Wednesday.

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Trustmark Corporation operates as the bank holding company for Trustmark National Bank, which provides banking and other financial solutions to individuals and corporate institutions in Alabama, Florida, Mississippi, Tennessee, and Texas. The company has a P/E ratio of 12.26.

TheStreet Ratings rates Trustmark as a buy. The company's strengths can be seen in multiple areas, such as its expanding profit margins and good cash flow from operations. We feel its strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Trustmark 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 $38.84 as of 9:36 a.m. ET, the dividend yield is 1.1%.

The average volume for Interactive Brokers Group has been 656,800 shares per day over the past 30 days. Interactive Brokers Group has a market cap of $2.3 billion and is part of the financial services industry. Shares are up 30.9% year-to-date as of the close of trading on Wednesday.

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Interactive Brokers Group, Inc. operates as an automated electronic broker and market maker in the United States and internationally. The company has a P/E ratio of 107.26.

TheStreet Ratings rates Interactive Brokers Group 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, good cash flow from operations and expanding profit margins. We feel its strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full Interactive Brokers Group Ratings Report now.

Ball

Owners of Ball (NYSE: BLL) shares, as of market close today, will be eligible for a dividend of 13 cents per share. At a price of $64.77 as of 9:36 a.m. ET, the dividend yield is 0.8%.

The average volume for Ball has been 963,300 shares per day over the past 30 days. Ball has a market cap of $8.8 billion and is part of the consumer non-durables industry. Shares are down 6.3% year-to-date as of the close of trading on Wednesday.

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Ball Corporation, together with its subsidiaries, supplies metal packaging products to the beverage, food, personal care, and household products industries worldwide. The company has a P/E ratio of 22.23.

TheStreet Ratings rates Ball as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, good cash flow from operations, solid stock price performance and increase in net income. We feel its 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 Ball 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.