10 Notable Stocks Trading Ex-Dividend Monday, September 12

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 Monday.

• Lam Research Corporation LRCX - $0.3000 dividend, 1.2681 percent yield
• H & R Block Inc HRB - $0.2200 dividend, 3.5962 percent yield
• Dollar General Corp. DG - $0.2500 dividend, 1.0894 percent yield
• Texas Roadhouse Inc TXRH - $0.1900 dividend, 1.6464 percent yield
• State Auto Financial Corp STFC - $0.1000 dividend, 1.7331 percent yield
• Renasant Corp. RNST - $0.1800 dividend, 2.1958 percent yield
• WesBanco Inc WSBC - $0.2400 dividend, 2.9888 percent yield
• Fair Isaac Corporation FICO - $0.0200 dividend, 0.0635 percent yield
• Saga Communications, Inc. SGA - $0.3000 dividend, 2.8916 percent yield
• TriCo Bancshares TCBK - $0.1500 dividend, 2.2363 percent yield