10 Notable Stocks Trading Ex-Dividend Wednesday, October 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 Wednesday.

• Cracker Barrel Old Country Store, Inc. CBRL - $1.1500 dividend, 3.3300 percent yield
• Science Applications International Corp SAIC - $0.3100 dividend, 1.8635 percent yield
• Abbott Laboratories ABT - $0.2600 dividend, 2.5484 percent yield
• AbbVie Inc ABBV - $0.5700 dividend, 3.5592 percent yield
• Patterson Companies, Inc. PDCO - $0.2400 dividend, 2.1197 percent yield
• Buckle Inc BKE - $0.2500 dividend, 4.0388 percent yield
• Masco Corp MAS - $0.1000 dividend, 1.1652 percent yield
• Luxfer Holdings PLC (ADR) LXFR - $0.1250 dividend, 4.1946 percent yield
• American Financial Group Inc AFG - $0.3125 dividend, 1.6667 percent yield
• Bank Of The Ozarks Inc OZRK - $0.1650 dividend, 1.7373 percent yield