Tomorrow, Thursday, March 03, 2016, 31 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.5% to 11.6%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar. Highlighted Stocks Going Ex-Dividend Tomorrow: Interval Leisure Group Owners of Interval Leisure Group (NASDAQ: IILG) shares, as of market close today, will be eligible for a dividend of 12 cents per share. At a price of $13.47 as of 9:35 a.m. ET, the dividend yield is 3.7%. The average volume for Interval Leisure Group has been 607,500 shares per day over the past 30 days. Interval Leisure Group has a market cap of $744.5 million and is part of the diversified services industry. Shares are down 14.2% year-to-date as of the close of trading on Tuesday. EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE. Interval Leisure Group, Inc., together with its subsidiaries, provides lodging and leisure services to the vacation industry in the United States, Europe, and internationally. The company operates through two segments, Exchange and Rental, and Vacation Ownership. The company has a P/E ratio of 10.28. TheStreet Ratings rates Interval Leisure Group as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, attractive valuation levels and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and disappointing return on equity. You can view the full Interval Leisure Group Ratings Report now.
Cinemark Holdings Owners of Cinemark Holdings (NYSE: CNK) shares, as of market close today, will be eligible for a dividend of 27 cents per share. At a price of $33.70 as of 9:37 a.m. ET, the dividend yield is 3.3%. The average volume for Cinemark Holdings has been 920,800 shares per day over the past 30 days. Cinemark Holdings has a market cap of $3.8 billion and is part of the media industry. Shares are up 1.4% year-to-date as of the close of trading on Tuesday. EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE. Cinemark Holdings, Inc., together with its subsidiaries, engages in the motion picture exhibition business. The company operates theatres in the United States, Brazil, Argentina, Chile, Colombia, Peru, Ecuador, Honduras, El Salvador, Nicaragua, Costa Rica, Panama, Guatemala, and Bolivia. The company has a P/E ratio of 17.70. TheStreet Ratings rates Cinemark Holdings as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, impressive record of earnings per share growth and compelling growth in net income. We feel its strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Cinemark Holdings Ratings Report now.
B/E Aerospace Owners of B/E Aerospace (NASDAQ: BEAV) shares, as of market close today, will be eligible for a dividend of 21 cents per share. At a price of $44.93 as of 9:36 a.m. ET, the dividend yield is 1.9%. The average volume for B/E Aerospace has been 1.8 million shares per day over the past 30 days. B/E Aerospace has a market cap of $4.5 billion and is part of the aerospace/defense industry. Shares are up 6% year-to-date as of the close of trading on Tuesday. EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE. The company has a P/E ratio of 99.14. 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.