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 Friday.
- Harley-Davidson Inc HOG - $0.3500 dividend, 2.6540 percent yield
- Dr Pepper Snapple Group Inc. DPS - $0.5300 dividend, 2.1860 percent yield
- Concurrent Computer Corp CCUR - $0.1200 dividend, 9.3204 percent yield
- Best Buy Co Inc BBY - $0.2800 dividend, 2.8550 percent yield
- Marten Transport, Ltd MRTN - $0.0250 dividend, 0.4666 percent yield
- Royce Micro Capital Trust Inc. RMT - $0.1500 dividend, 7.6531 percent yield
- Evans Bancorp Inc. EVBN - $0.3800 dividend, 2.9699 percent yield
- Royce Value Trust Inc RVT - $0.2400 dividend, 7.5377 percent yield
- Unity Bancorp, Inc. UNTY - $0.0500 dividend, 1.5625 percent yield
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