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:

DeVry Education Group

Owners of DeVry Education Group (NYSE: DV) shares, as of market close today, will be eligible for a dividend of 18 cents per share. At a price of $23.87 as of 9:36 a.m. ET, the dividend yield is 1.6%.

The average volume for DeVry Education Group has been 646,100 shares per day over the past 30 days. DeVry Education Group has a market cap of $1.5 billion and is part of the diversified services industry. Shares are down 50% year-to-date as of the close of trading on Monday.

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DeVry Education Group Inc. provides educational services worldwide. It operates through three segments: Medical and Healthcare; International and Professional Educational; and Business, Technology and Management. The company has a P/E ratio of 12.67.

TheStreet Ratings rates DeVry Education Group as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, weak operating cash flow and a generally disappointing performance in the stock itself. You can view the full DeVry Education Group Ratings Report now.

Flowers Foods

Owners of Flowers Foods (NYSE: FLO) shares, as of market close today, will be eligible for a dividend of 14 cents per share. At a price of $23.62 as of 9:36 a.m. ET, the dividend yield is 2.4%.

The average volume for Flowers Foods has been 1.6 million shares per day over the past 30 days. Flowers Foods has a market cap of $5.1 billion and is part of the food & beverage industry. Shares are up 22.6% year-to-date as of the close of trading on Monday.

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Flowers Foods, Inc. produces and markets bakery products in the United States. It operates through two segments, Direct-Store-Delivery (DSD) and Warehouse Delivery. The DSD segment produces and markets fresh bakery foods, including fresh breads, buns, rolls, tortillas, and snack cakes. The company has a P/E ratio of 27.67.

TheStreet Ratings rates Flowers Foods as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels, good cash flow from operations, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. We feel its strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Flowers Foods Ratings Report now.

Bank Bradesco

Owners of Bank Bradesco (NYSE: BBD) shares, as of market close today, will be eligible for a dividend of 0 cents per share. At a price of $5.40 as of 9:36 a.m. ET, the dividend yield is 36.8%.

The average volume for Bank Bradesco has been 17.9 million shares per day over the past 30 days. Bank Bradesco has a market cap of $28.3 billion and is part of the banking industry. Shares are down 51.9% year-to-date as of the close of trading on Monday.

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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.