10 Notable Stocks Trading Ex-Dividend Thursday, September 22

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.

• Chicago Bridge & Iron Company N.V. CBI - $0.0700 dividend, 1.0021 percent yield
• Korn/Ferry International KFY - $0.1000 dividend, 1.6604 percent yield
• Kimball International Inc KBAL - $0.0600 dividend, 1.9386 percent yield
• Computer Task Group, Inc. CTG - $0.0600 dividend, 5.2632 percent yield
• Highway Holdings Limited HIHO - $0.1000 dividend, 9.0088 percent yield
• Equity Residential EQR - $0.5037 dividend, 3.2119 percent yield
• Independent Bank Corp INDB - $0.2900 dividend, 2.2024 percent yield
• New York Mortgage Trust Inc NYMT - $0.2400 dividend, 16.1074 percent yield
• Pembina Pipeline Corp PBA - $0.1600 dividend, 6.2136 percent yield
• IF Bancorp Inc IROQ - $0.0800 dividend, 1.7112 percent yield