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 four big-name stocks going ex-dividend on Friday, January 16.
1. Lowe's
Lowe’s (LOW ) offers a dividend yield of 1.37% based on Wednesday’s closing price of $67.39 and the company’s quarterly dividend payout of 23 cents. Dividend.com currently rates LOW as “Neutral” with a DARS™ rating of 3.4 stars out of 5 stars.
2. Acuity Brands
Acuity Brands (AYI ) offers a dividend yield of 0.34% based on Wednesday’s closing price of $150.87 and the company’s quarterly dividend payout of 13 cents. Dividend.com currently rates AYI as “Neutral” with a DARS™ rating of 3.4 stars out of 5 stars.
3. Main Street Capital Corp
Main Street Capital Corp (MAIN ) offers a dividend yield of 6.81% based on Wednesday’s closing price of $28.19 and the company’s monthly dividend payout of 17 cents. Dividend.com currently rates MAIN as “Neutral” with a DARS™ rating of 3.3 stars out of 5 stars.
4. Pier 1 Imports, Inc.
Pier 1 Imports, Inc. (PIR ) offers a dividend yield of 1.44% based on Wednesday’s closing price of $16.61 and the company’s quarterly dividend payout of 6 cents. Dividend.com currently rates PIR as “Neutral” with a DARS™ rating of 3.1 stars out of 5 stars.
