In order to be entitled to the dividend, you have to buy the stock before the ex-dividend date, and you can't sell the stock until after the ex date. The actual dividend may not be paid for another few weeks. WallStreetNewsNetwork.com has compiled a downloadable and sortable list of the stocks going ex dividend in the near future. The list contains many dividend paying companies, lots with market caps over $500 million, and yields over 2%. Here are a few examples showing the stock symbol, the ex-dividend date, and the yield.
-->
EMC Corporation | EMC | 1/6/2013 | 1.6% |
FEI Company | FEIC | 1/6/2013 | 0.5% |
The Gap Inc. | GPS | 1/6/2013 | 2.1% |
InterDigital, Inc. | IDCC | 1/6/2013 | 1.4% |
Pulaski Financial | PULB | 1/6/2013 | 3.4% |
Wayne Savings Banc | WAYN | 1/6/2013 | 3.1% |
BankUnited | BKU | 1/7/2013 | 2.6% |
Ethan Allen | ETH | 1/7/2013 | 1.3% |
Johnson Outdoor | JOUT | 1/7/2013 | 1.2% |
Kadant Inc. | KAI | 1/7/2013 | 1.2% |
MasterCard | MA | 1/7/2013 | 0.3% |
NetApp Inc. | NTAP | 1/7/2013 | 1.5% |
American Express | AXP | 1/8/2013 | 1.0% |
Dividend definitions:
Declaration date: the day that the company declares that there is going to be an upcoming dividend.
Ex-dividend date: the day on which if you buy the stock, you would not be entitled to that particular dividend; or the first day on which a shareholder can sell the shares and still be entitled to the dividend.
Record date: the day when you must be on the company's books as a shareholder to receive the dividend. The ex-dividend date is normally set for stocks at two business days before the record date.
Payment date: the day on which the dividend payment is actually made, which can be as long at two months after the ex date.
Don't forget to reconfirm the ex-dividend date with the company before implementing this technique.
Disclosure: Author did not own any of the above at the time the article was written.
By Stockerblog.com