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 4 big-name stocks going ex-dividend for the week of March 23-27.
1. Philip Morris International (PM)
Philip Morris International (PM ) is set to trade ex-dividend on March 24. The tobacco company offers a dividend yield of 5.09% based on Wednesday’s closing price of $78.56 and the company’s quarterly dividend payout of $1.00. The stock is down 3% year-to-date. Dividend.com currently rates PM as “Neutral” with a DARS™ rating of 3.4 stars out of 5 stars.
2. Annaly Capital (NLY)
Annaly Capital (NLY ) is set to trade ex-dividend on March 27. The real estate investment trust (REIT) offers a dividend yield of 11.19% based on Wednesday’s closing price of $10.72 and the company’s quarterly dividend payout of 30 cents. The stock has been flat year-to-date. Dividend.com currently rates NLY as “Neutral” with a DARS™ rating of 3.2 stars out of 5 stars.
3. Dow Chemical (DOW)
Dow Chemical (DOW ) is set to trade ex-dividend on March 27. The chemical company offers a dividend yield of 3.53% based on Wednesday’s closing price of $47.54 and the company’s quarterly dividend payout of 42 cents. The stock is up 4% year-to-date. Dividend.com currently rates DOW as “Neutral” with a DARS™ rating of 3.4 stars out of 5 stars.
4. PG&E Corp (PCG)
PG&E Corp (PCG ) is set to trade ex-dividend on March 27. The utility company offers a dividend yield of 3.35% based on Wednesday’s closing price of $54.25 and the company’s quarterly dividend payout of 46 cents. The stock is up 2% year-to-date. Dividend.com currently rates PCG as “Neutral” with a DARS™ rating of 3.4 stars out of 5 stars.
5. Deere & Co (DE)
Deere & Co (DE ) is set to trade ex-dividend on March 27. The farm machinery company offers a dividend yield of 2.69% based on Wednesday’s closing price of $89.32 and the company’s quarterly dividend payout of 60 cents. The stock is up 1% year-to-date. Dividend.com currently rates DE as “Neutral” with a DARS™ rating of 3.3 stars out of 5 stars.
6. Staples (SPLS)
Staples (SPLS) is set to trade ex-dividend on March 25. The office supply retailer offers a dividend yield of 2.94% based on Wednesday’s closing price of $16.33 and the company’s quarterly dividend payout of 12 cents. The stock is down 10% year-to-date. Dividend.com currently rates SPLS as “Neutral” with a DARS™ rating of 2.9 stars out of 5 stars.
7. Prospect Capital Corporation (PSEC)
Prospect Capital Corporation (PSEC ) is set to trade ex-dividend on March 27. The financial services company offers a dividend yield of 11.70% based on Wednesday’s closing price of $8.55 and the company’s monthly dividend payout of 8.3 cents. The stock is up 3% year-to-date. Dividend.com currently rates PSEC as “Neutral” with a DARS™ rating of 3.2 stars out of 5 stars.
8. Agrium (AGU)
Agrium (AGU) is set to trade ex-dividend on March 27. The chemical company offers a dividend yield of 2.80% based on Wednesday’s closing price of $111.44 and the company’s quarterly dividend payout of 78 cents. The stock is up 18% year-to-date. Dividend.com currently rates AGU as “Neutral” with a DARS™ rating of 3.3 stars out of 5 stars.
9. Xerox (XRX)
Xerox (XRX ) is set to trade ex-dividend on March 27. The business equipment company offers a dividend yield of 2.16% based on Wednesday’s closing price of $12.99 and the company’s quarterly dividend payout of 7 cents. The stock is down 6% year-to-date. Dividend.com currently rates XRX as “Neutral” with a DARS™ rating of 3.2 stars out of 5 stars.
10. Camden Property Trust (CPT)
Camden Property Trust (CPT ) is set to trade ex-dividend on March 27. The retail REIT offers a dividend yield of 3.59% based on Wednesday’s closing price of $77.94 and the company’s quarterly dividend payout of 70 cents. The stock is up 5% year-to-date. Dividend.com currently rates CPT as “Neutral” with a DARS™ rating of 3.3 stars out of 5 stars.
