10 Notable Stocks Trading Ex-Dividend Tuesday, August 23

It’s critical to know whether a stock you plan on buying has an ex-dividend status, because in case it does, the dividend would be paid out to the seller. The person who owns the stock on the ex-dividend date will be awarded the payment, which means that you’ll have to wait for the next dividend cycle to receive your first dividend payout from the company.

On the other hand, share prices typically decline just after the ex-dividend date is declared, and usually by an amount equal to the expected dividend. So, this may give you the opportunity to identify a good entry point. If you’re planning on selling shares on or after the ex-dividend date, you'll receive the dividend payout from the company.

Here is the list of stocks going ex-dividend on Tuesday.

• Callaway Golf Co ELY - $0.0100 dividend, 0.3487 percent yield
• Hershey Co HSY - $0.6180 dividend, 2.2849 percent yield
• Expedia Inc EXPE - $0.2600 dividend, 0.8720 percent yield
• Marcus Corp MCS - $0.1125 dividend, 2.0036 percent yield
• CDW Corp CDW - $0.1075 dividend, 1.0087 percent yield
• Office Depot Inc ODP - $0.0250 dividend, 3.0395 percent yield
• CA, Inc. CA - $0.2550 dividend, 3.0330 percent yield
• Robert Half International Inc. RHI - $0.2200 dividend, 2.4116 percent yield
• Griffon Corporation GFF - $0.0500 dividend, 1.1912 percent yield
• Nielsen N.V. NLSN - $0.3100 dividend, 2.2218 percent yield