6 Notable Stocks Trading Ex-Dividend Monday, October 10

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.

• Oracle Corporation ORCL - $0.1500 dividend, 1.4684 percent yield
• Potash Corporation of Saskatchewan (USA) POT - $0.1000 dividend, 2.3095 percent yield
• Campbell Soup Company CPB - $0.3500 dividend, 2.3057 percent yield
• Trinseo S.A. TSE - $0.3000 dividend, 2.1127 percent yield
• InterDigital, Inc. IDCC - $0.3000 dividend, 1.5438 percent yield
• Wayne Savings Bancshares, Inc WAYN - $0.0900 dividend, 2.6686 percent yield