6 Notable Stocks Trading Ex-Dividend Tuesday, October 11

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.

• Aetna Inc AET - $0.2500 dividend, 0.8693 percent yield
• Siebert Financial Corp. SIEB - $0.2000 dividend, 14.2857 percent yield
• Kadant Inc. KAI - $0.1900 dividend, 1.4587 percent yield
• Johnson Outdoors Inc. JOUT - $0.0900 dividend, 0.9912 percent yield
• Gas Natural Inc EGAS - $0.7500 dividend, 39.2157 percent yield
• Avenue Income Credit Strategies Fund ACP - $0.1200 dividend, 11.0260 percent yield