Ex-dividend dates are very important to dividend investors, since you must purchase a stock prior to its ex-dividend date in order to receive its upcoming dividend payout. For more information, check out Everything Investors Need to Know About Ex-Dividend Dates.
Below we highlight three big-name stocks going ex-dividend on Thursday, January 15.
1. Caterpillar Inc.
Caterpillar Inc. (CAT ) offers a dividend yield of 3.24% based on Tuesday’s closing price of $86.37 and the company’s quarterly dividend payout of 70 cents. Dividend.com currently rates CAT as “Neutral” with a DARS™ rating of 3.4 stars out of 5 stars.
2. Hormel Foods
Hormel Foods (HRL ) offers a dividend yield of 1.97% based on Tuesday’s closing price of $50.70 and the company’s quarterly dividend payout of 25 cents. Dividend.com currently rates HRL as “Neutral” with a DARS™ rating of 3.4 stars out of 5 stars.
3. Graco Inc.
Graco Inc. (GGG ) offers a dividend yield of 1.54% based on Tuesday’s closing price of $77.80 and the company’s quarterly dividend payout of 30 cents. Dividend.com currently rates GGG as “Neutral” with a DARS™ rating of 3.4 stars out of 5 stars.
Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.
