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.
Black Box Corp | BBOX | 3/29/2016 | 3.6% |
B&G Foods | BGS | 3/29/2016 | 3.6% |
Brookfield Canada Office Properties | BOXC | 3/29/2016 | 4.6% |
Cameco Corp | CCJ | 3/29/2016 | 3.3% |
Camden Property Trust REIT | CPT | 3/29/2016 | 4.0% |
Chad Therapeutics Inc. | CTU | 3/29/2016 | 7.4% |
Centex Corp. REIT | CTX | 3/29/2016 | 6.9% |
Dow Chemical | DOW | 3/29/2016 | 3.9% |
Nucor Corporation | NUE | 3/29/2016 | 3.8% |
Corporate Office Properties REIT | OFC | 3/29/2016 | 4.8% |
PG&E Corp | PCG | 3/29/2016 | 3.2% |
Xerox | XRX | 3/29/2016 | 3.3% |
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.
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