Tomorrow, Wednesday, March 30, 2016, 27 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.7% to 9.1%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar.

Highlighted Stocks Going Ex-Dividend Tomorrow:

Wolverine World Wide

Owners of Wolverine World Wide (NYSE: WWW) shares, as of market close today, will be eligible for a dividend of 6 cents per share. At a price of $17.85 as of 9:37 a.m. ET, the dividend yield is 1.3%.

The average volume for Wolverine World Wide has been 1.0 million shares per day over the past 30 days. Wolverine World Wide has a market cap of $1.8 billion and is part of the consumer non-durables industry. Shares are up 7.5% year-to-date as of the close of trading on Monday.

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Wolverine World Wide, Inc. designs, manufactures, sources, markets, licenses, and distributes footwear, apparel, and accessories. The company operates through Lifestyle Group, Performance Group, and Heritage Group segments. The company has a P/E ratio of 15.70.

TheStreet Ratings rates Wolverine World Wide as a hold. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, growth in earnings per share and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, disappointing return on equity and weak operating cash flow. You can view the full Wolverine World Wide Ratings Report now.

Curtiss-Wright

Owners of Curtiss-Wright (NYSE: CW) shares, as of market close today, will be eligible for a dividend of 13 cents per share. At a price of $73.53 as of 9:30 a.m. ET, the dividend yield is 0.7%.

The average volume for Curtiss-Wright has been 418,900 shares per day over the past 30 days. Curtiss-Wright has a market cap of $3.3 billion and is part of the industrial industry. Shares are up 7.8% year-to-date as of the close of trading on Monday.

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Curtiss-Wright Corporation, together with its subsidiaries, designs, manufactures, and overhauls precision components, and engineered products and services primarily to the aerospace, defense, power generation, and general industrial markets worldwide. The company has a P/E ratio of 17.78.

TheStreet Ratings rates Curtiss-Wright as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, impressive record of earnings per share growth, compelling growth in net income and expanding profit margins. We feel its strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Curtiss-Wright Ratings Report now.

Raymond James Financial

Owners of Raymond James Financial (NYSE: RJF) shares, as of market close today, will be eligible for a dividend of 20 cents per share. At a price of $46.30 as of 9:36 a.m. ET, the dividend yield is 1.7%.

The average volume for Raymond James Financial has been 1.4 million shares per day over the past 30 days. Raymond James Financial has a market cap of $6.6 billion and is part of the financial services industry. Shares are down 18.8% year-to-date as of the close of trading on Monday.

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Raymond James Financial, Inc., a financial holding company, through its subsidiaries, engages in the underwriting, distribution, trading, and brokerage of equity and debt securities. The company has a P/E ratio of 14.35.

TheStreet Ratings rates Raymond James Financial as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth and reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, disappointing return on equity and poor profit margins. You can view the full Raymond James Financial 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.