Monday, Monday, September 28, 2015, 136 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.1% to 18.7%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar.

Highlighted Stocks Going Ex-Dividend Monday:

Hugoton Royalty

Owners of Hugoton Royalty (NYSE: HGT) shares, as of market close today, will be eligible for a dividend of 1 cent per share. At a price of $2.85 as of 9:38 a.m. ET, the dividend yield is 12.7%.

The average volume for Hugoton Royalty has been 128,100 shares per day over the past 30 days. Hugoton Royalty has a market cap of $114.4 million and is part of the energy industry. Shares are down 66.3% year-to-date as of the close of trading on Thursday.

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Hugoton Royalty Trust operates as an express trust in the United States. The company holds an 80% net profits interests in certain natural gas producing working interest properties of XTO Energy Inc. XTO Energy Inc. The company has a P/E ratio of 2.67.

TheStreet Ratings rates Hugoton Royalty as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income and generally disappointing historical performance in the stock itself. You can view the full Hugoton Royalty Ratings Report now.

Apollo Commercial Real Estate Finance

Owners of Apollo Commercial Real Estate Finance (NYSE: ARI) shares, as of market close today, will be eligible for a dividend of 44 cents per share. At a price of $16.77 as of 9:40 a.m. ET, the dividend yield is 10.4%.

The average volume for Apollo Commercial Real Estate Finance has been 413,000 shares per day over the past 30 days. Apollo Commercial Real Estate Finance has a market cap of $986.9 million and is part of the real estate industry. Shares are up 2.9% year-to-date as of the close of trading on Thursday.

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Apollo Commercial Real Estate Finance, Inc. The company has a P/E ratio of 9.38.

TheStreet Ratings rates Apollo Commercial Real Estate Finance as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, attractive valuation levels, expanding profit margins, 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 Apollo Commercial Real Estate Finance Ratings Report now.

Sun Communities

Owners of Sun Communities (NYSE: SUI) shares, as of market close today, will be eligible for a dividend of 65 cents per share. At a price of $67.51 as of 9:42 a.m. ET, the dividend yield is 3.9%.

The average volume for Sun Communities has been 287,000 shares per day over the past 30 days. Sun Communities has a market cap of $3.6 billion and is part of the real estate industry. Shares are up 11.7% year-to-date as of the close of trading on Thursday.

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Sun Communities, Inc. operates as a real estate investment trust (REIT). It owns, operates, and develops manufactured housing communities in the midwestern, southern, and southeastern United States. The company has a P/E ratio of 118.47.

TheStreet Ratings rates Sun Communities as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations and impressive record of earnings per share growth. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity and poor profit margins. You can view the full Sun Communities 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.