Wednesday, Wednesday, July 27, 2016, 46 U.S. common stocks are scheduled to go ex-dividend. The dividend yields on these stocks range from 0.7% to 12.2%. All of these stocks can be found on our stocks going ex-dividend section of our dividend calendar. Highlighted Stocks Going Ex-Dividend Wednesday: Nuveen Long/Short Commodity TR Fund Owners of Nuveen Long/Short Commodity TR Fund (AMEX: CTF) shares, as of market close today, will be eligible for a dividend of 9 cents per share. At a price of $14.61 as of 3:59 p.m. ET, the dividend yield is 7.4%. The average volume for Nuveen Long/Short Commodity TR Fund has been 32,200 shares per day over the past 30 days. Nuveen Long/Short Commodity TR Fund has a market cap of $237.8 million and is part of the financial services industry. Shares are down 5.9% year-to-date as of the close of trading on Friday. 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.
Virtus Investment Partners Owners of Virtus Investment Partners (NASDAQ: VRTS) shares, as of market close today, will be eligible for a dividend of 45 cents per share. At a price of $81.99 as of 9:34 a.m. ET, the dividend yield is 2.2%. The average volume for Virtus Investment Partners has been 126,400 shares per day over the past 30 days. Virtus Investment Partners has a market cap of $678.0 million and is part of the financial services industry. Shares are down 30.6% 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. Virtus Investment Partners, Inc. is a publicly owned investment manager. The firm primarily provides its services to individual and institutional clients. It launches separate client focused equity and fixed income portfolios. The company has a P/E ratio of 25.17. TheStreet Ratings rates Virtus Investment Partners as a hold. The company's strongest point has been its very decent return on equity which we feel should persist. At the same time, however, we also find weaknesses including deteriorating net income, poor profit margins and weak operating cash flow. You can view the full Virtus Investment Partners Ratings Report now.
Tanger Factory Outlet Centers Owners of Tanger Factory Outlet Centers (NYSE: SKT) shares, as of market close today, will be eligible for a dividend of 32 cents per share. At a price of $41.47 as of 9:36 a.m. ET, the dividend yield is 3.1%. The average volume for Tanger Factory Outlet Centers has been 770,000 shares per day over the past 30 days. Tanger Factory Outlet Centers has a market cap of $4.0 billion and is part of the real estate industry. Shares are up 26.8% 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. Tanger Factory Outlet Centers, Inc. is a real estate investment trust. The firm invests in the real estate markets in United States. It focuses on developing, acquiring, owning, operating, and managing outlet shopping centers. Tanger Factory Outlet Centers, Inc. The company has a P/E ratio of 19.67. TheStreet Ratings rates Tanger Factory Outlet Centers as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth and notable return on equity. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, weak operating cash flow and feeble growth in the company's earnings per share. You can view the full Tanger Factory Outlet Centers 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.