Monday, Monday, March 07, 2016, 26 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.1% to 23.7%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar.

Highlighted Stocks Going Ex-Dividend Monday:

New Media Investment Group

Owners of New Media Investment Group (NYSE: NEWM) shares, as of market close today, will be eligible for a dividend of 33 cents per share. At a price of $16.07 as of 9:37 a.m. ET, the dividend yield is 8.5%.

The average volume for New Media Investment Group has been 256,800 shares per day over the past 30 days. New Media Investment Group has a market cap of $693.0 million and is part of the media industry. Shares are down 16.9% year-to-date as of the close of trading on Thursday.

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New Media Investment Group Inc. owns, operates, and invests in local media assets in the United States. The company has a P/E ratio of 10.20.

TheStreet Ratings rates New Media Investment Group as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow and a generally disappointing performance in the stock itself. You can view the full New Media Investment Group Ratings Report now.

News Corp B

Owners of News Corp B (NASDAQ: NWS) shares, as of market close today, will be eligible for a dividend of 10 cents per share. At a price of $11.59 as of 9:35 a.m. ET, the dividend yield is 1.7%.

The average volume for News Corp B has been 1.2 million shares per day over the past 30 days. News Corp B has a market cap of $6.7 billion and is part of the media industry. Shares are down 17.1% year-to-date as of the close of trading on Thursday.

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News Corporation, a media and information services company, focuses on creating and distributing content to consumers and businesses worldwide.

TheStreet Ratings rates News Corp B 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 and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow. You can view the full News Corp B Ratings Report now.

Westar Energy

Owners of Westar Energy (NYSE: WR) shares, as of market close today, will be eligible for a dividend of 38 cents per share. At a price of $42.80 as of 9:37 a.m. ET, the dividend yield is 3.6%.

The average volume for Westar Energy has been 1.1 million shares per day over the past 30 days. Westar Energy has a market cap of $6.0 billion and is part of the utilities industry. Shares are up 1.7% year-to-date as of the close of trading on Thursday.

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Westar Energy, Inc., an electric utility company, generates, transmits, and distributes electricity in Kansas. The company has 7,200 megawatts of electric generation capacity producing electricity through various fuel types, including coal, uranium, natural gas, diesel, wind, and landfill gas. The company has a P/E ratio of 20.24.

TheStreet Ratings rates Westar Energy as a buy. Among the primary strengths of the company is its solid stock price performance. We feel its strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Westar Energy 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.