Tomorrow, Friday, October 30, 2015, 11 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 3.2% to 14.6%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar.

Highlighted Stocks Going Ex-Dividend Tomorrow:

Enable Midstream Partners

Owners of Enable Midstream Partners (NYSE: ENBL) shares, as of market close today, will be eligible for a dividend of 32 cents per share. At a price of $12.28 as of 9:30 a.m. ET, the dividend yield is 10.5%.

The average volume for Enable Midstream Partners has been 172,900 shares per day over the past 30 days. Enable Midstream Partners has a market cap of $2.6 billion and is part of the energy industry. Shares are down 37.4% year-to-date as of the close of trading on Wednesday.

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Enable Midstream Partners, LP owns, operates, and develops natural gas and crude oil infrastructure assets in the United States. It operates through two segments, Gathering and Processing, and Transportation and Storage. The company has a P/E ratio of 8.15.

TheStreet Ratings rates Enable Midstream Partners as a sell. The company's weaknesses can be seen in multiple areas, such as its weak operating cash flow, generally disappointing historical performance in the stock itself, poor profit margins and feeble growth in its earnings per share. You can view the full Enable Midstream Partners Ratings Report now.

Suburban Propane Partners

Owners of Suburban Propane Partners (NYSE: SPH) shares, as of market close today, will be eligible for a dividend of 89 cents per share. At a price of $34.86 as of 9:34 a.m. ET, the dividend yield is 10.2%.

The average volume for Suburban Propane Partners has been 205,200 shares per day over the past 30 days. Suburban Propane Partners has a market cap of $2.1 billion and is part of the utilities industry. Shares are down 19.1% year-to-date as of the close of trading on Wednesday.

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Suburban Propane Partners, L.P., through its subsidiaries, engages in the retail marketing and distribution of propane, fuel oil, and refined fuels. The company has a P/E ratio of 21.91.

TheStreet Ratings rates Suburban Propane Partners as a hold. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, increase in net income and reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, weak operating cash flow and poor profit margins. You can view the full Suburban Propane Partners Ratings Report now.

TC Pipelines

Owners of TC Pipelines (NYSE: TCP) shares, as of market close today, will be eligible for a dividend of 89 cents per share. At a price of $51.54 as of 9:36 a.m. ET, the dividend yield is 7.2%.

The average volume for TC Pipelines has been 174,000 shares per day over the past 30 days. TC Pipelines has a market cap of $3.2 billion and is part of the energy industry. Shares are down 27.2% year-to-date as of the close of trading on Wednesday.

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TC PipeLines, LP acquires, owns, and participates in the management of energy infrastructure businesses in North America. The company has a P/E ratio of 18.23.

TheStreet Ratings rates TC Pipelines 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, expanding profit margins and notable return on equity. 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 TC Pipelines 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.