Tomorrow, Wednesday, May 04, 2016, 41 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 1.1% to 17.9%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar. Highlighted Stocks Going Ex-Dividend Tomorrow: Capital Product Partners Owners of Capital Product Partners (NASDAQ: CPLP) shares, as of market close today, will be eligible for a dividend of 8 cents per share. At a price of $2.65 as of 9:35 a.m. ET, the dividend yield is 10.7%. The average volume for Capital Product Partners has been 1.4 million shares per day over the past 30 days. Capital Product Partners has a market cap of $344.0 million and is part of the transportation industry. Shares are down 50.5% year-to-date as of the close of trading on Monday. 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. Capital Product Partners L.P., a shipping company, provides marine transportation services in Greece. The company has a P/E ratio of 7.37. TheStreet Ratings rates Capital Product Partners as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income and attractive valuation levels. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year. You can view the full Capital Product Partners Ratings Report now.

NextEra Energy Partners Owners of NextEra Energy Partners (NYSE: NEP) shares, as of market close today, will be eligible for a dividend of 32 cents per share. At a price of $28.44 as of 9:36 a.m. ET, the dividend yield is 3.9%. The average volume for NextEra Energy Partners has been 379,500 shares per day over the past 30 days. NextEra Energy Partners has a market cap of $887.2 million and is part of the utilities industry. Shares are down 4.2% year-to-date as of the close of trading on Monday. 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. NextEra Energy Partners, LP acquires, owns, and operates contracted clean energy projects. It owns interests in wind and solar projects in North America, as well as in seven contracted natural gas pipeline assets in Texas. The company has a P/E ratio of 131.32. TheStreet Ratings rates NextEra Energy Partners as a sell. The company's weaknesses can be seen in multiple areas, such as its generally high debt management risk and disappointing return on equity. You can view the full NextEra Energy Partners Ratings Report now.

Bloomin Brands Owners of Bloomin Brands (NASDAQ: BLMN) shares, as of market close today, will be eligible for a dividend of 7 cents per share. At a price of $19.14 as of 9:37 a.m. ET, the dividend yield is 1.5%. The average volume for Bloomin Brands has been 1.6 million shares per day over the past 30 days. Bloomin Brands has a market cap of $2.2 billion and is part of the leisure industry. Shares are up 13.3% year-to-date as of the close of trading on Monday. 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. Bloomin' Brands, Inc., through its subsidiaries, owns and operates casual, upscale casual, and fine dining restaurants primarily in the United States. The company has a P/E ratio of 19.89. TheStreet Ratings rates Bloomin Brands as a hold. The company's strengths can be seen in multiple areas, such as its attractive valuation levels and notable return on equity. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, poor profit margins and a generally disappointing performance in the stock itself. You can view the full Bloomin Brands 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.