Tomorrow, Wednesday, September 30, 2015, 15 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.6% to 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:

Curtiss-Wright

Owners of Curtiss-Wright (NYSE: CW) shares, as of market close today, will be eligible for a dividend of 13 cents per share. At a price of $61.92 as of 9:30 a.m. ET, the dividend yield is 0.8%.

The average volume for Curtiss-Wright has been 228,100 shares per day over the past 30 days. Curtiss-Wright has a market cap of $3.0 billion and is part of the industrial industry. Shares are down 12.1% year-to-date as of the close of trading on Monday.

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Curtiss-Wright Corporation provides engineered products and services to the defense, power generation, oil and gas, commercial aerospace, and general industrial markets worldwide. It operates through three segments: Flow Control, Controls, and Surface Technologies. The company has a P/E ratio of 17.74.

TheStreet Ratings rates Curtiss-Wright as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, expanding profit margins and notable return on equity. We feel its strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full Curtiss-Wright Ratings Report now.

Regal Beloit

Owners of Regal Beloit (NYSE: RBC) shares, as of market close today, will be eligible for a dividend of 23 cents per share. At a price of $57.12 as of 9:37 a.m. ET, the dividend yield is 1.6%.

The average volume for Regal Beloit has been 310,300 shares per day over the past 30 days. Regal Beloit has a market cap of $2.6 billion and is part of the industrial industry. Shares are down 23.8% year-to-date as of the close of trading on Monday.

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Regal Beloit Corporation, together with its subsidiaries, designs, manufactures, and sells electric motors and controls, electric generators and controls, and power transmission products in the United States and internationally. The company has a P/E ratio of 84.20.

TheStreet Ratings rates Regal Beloit as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, disappointing return on equity and poor profit margins. You can view the full Regal Beloit Ratings Report now.

DCT Industrial

Owners of DCT Industrial (NYSE: DCT) shares, as of market close today, will be eligible for a dividend of 28 cents per share. At a price of $33.55 as of 9:36 a.m. ET, the dividend yield is 3.3%.

The average volume for DCT Industrial has been 832,200 shares per day over the past 30 days. DCT Industrial has a market cap of $3.0 billion and is part of the real estate industry. Shares are down 6.1% year-to-date as of the close of trading on Monday.

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DCT Industrial Trust Inc. operates as a publicly owned real estate investment trust. The firm provides its services to companies. Through its fund, it engages in the ownership, operation, and development of real estate properties. The company has a P/E ratio of 32.76.

TheStreet Ratings rates DCT Industrial as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. You can view the full DCT Industrial 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.