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 Thursday.
- Parker-Hannifin Corp PH - $0.6300 dividend, 2.0316 percent yield
- Nordstrom, Inc. JWN - $0.3700 dividend, 2.8605 percent yield
- AdvancePierre Foods Holdings Inc APFH - $0.1400 dividend, 2.1588 percent yield
- MKS Instruments, Inc. MKSI - $0.1700 dividend, 1.4167 percent yield
- Great Plains Energy Incorporated GXP - $0.2625 dividend, 3.5354 percent yield
- LSI Industries, Inc. LYTS - $0.0500 dividend, 1.8232 percent yield
- BIO-TECHNE Corp TECH - $0.3200 dividend, 1.1602 percent yield
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.