Tomorrow, Wednesday, December 02, 2015, 40 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.1% to 36.8%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar.

Highlighted Stocks Going Ex-Dividend Tomorrow:

AllianceBernstein Global High Income Fund I

Owners of AllianceBernstein Global High Income Fund I (NYSE: AWF) shares, as of market close today, will be eligible for a dividend of 8 cents per share. At a price of $11.21 as of 9:30 a.m. ET, the dividend yield is 8.7%.

The average volume for AllianceBernstein Global High Income Fund I has been 180,400 shares per day over the past 30 days. AllianceBernstein Global High Income Fund I has a market cap of $962.3 million and is part of the financial services industry. Shares are down 10% year-to-date as of the close of trading on Monday.

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Regal Entertainment Group

Owners of Regal Entertainment Group (NYSE: RGC) shares, as of market close today, will be eligible for a dividend of 22 cents per share. At a price of $18.79 as of 9:36 a.m. ET, the dividend yield is 4.7%.

The average volume for Regal Entertainment Group has been 992,100 shares per day over the past 30 days. Regal Entertainment Group has a market cap of $2.5 billion and is part of the media industry. Shares are down 12.2% year-to-date as of the close of trading on Monday.

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Regal Entertainment Group, through its subsidiaries, operates as a motion picture exhibitor in the United States. It develops, acquires, and operates multi-screen theatres primarily in mid-sized metropolitan markets and suburban growth areas of larger metropolitan markets. The company has a P/E ratio of 20.23.

TheStreet Ratings rates Regal Entertainment Group as a hold. Among the primary strengths of the company is its revenue growth. At the same time, however, we also find weaknesses including poor profit margins, weak operating cash flow and a generally disappointing performance in the stock itself. You can view the full Regal Entertainment Group Ratings Report now.

Westlake Chemical

Owners of Westlake Chemical (NYSE: WLK) shares, as of market close today, will be eligible for a dividend of 18 cents per share. At a price of $60.10 as of 9:37 a.m. ET, the dividend yield is 1.2%.

The average volume for Westlake Chemical has been 898,200 shares per day over the past 30 days. Westlake Chemical has a market cap of $7.8 billion and is part of the chemicals industry. Shares are down 1.7% year-to-date as of the close of trading on Monday.

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Westlake Chemical Corporation manufactures and markets basic chemicals, vinyls, polymers, and fabricated building products. It operates through two segments, Olefins and Vinyls. The company has a P/E ratio of 11.07.

TheStreet Ratings rates Westlake Chemical as a buy. 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, attractive valuation levels, good cash flow from operations and growth in earnings per share. We feel its strengths outweigh the fact that the company shows low profit margins. You can view the full Westlake Chemical 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.