10 Notable Stocks Trading Ex-Dividend Wednesday, October 19

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.

• WD-40 Company WDFC - $0.4200 dividend, 1.5034 percent yield
• Procter & Gamble Co PG - $0.6695 dividend, 3.0070 percent yield
• Pentair plc. PNR - $0.3400 dividend, 2.1872 percent yield
• SM Energy Co SM - $0.0500 dividend, 0.2894 percent yield
• Apache Corporation APA - $0.2500 dividend, 1.7036 percent yield
• Comtech Telecomm. Corp. CMTL - $0.3000 dividend, 9.4787 percent yield
• Franklin Street Properties Corp. FSP - $0.1900 dividend, 6.4736 percent yield
• LTC Properties Inc LTC - $0.1900 dividend, 4.3855 percent yield
• Bridge Bancorp, Inc. BDGE - $0.2300 dividend, 3.2394 percent yield
• Gladstone Capital Corporation GLAD - $0.0700 dividend, 10.3194 percent yield