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 seven big-name stocks going ex-dividend on Tuesday, March 31.
1. Monsanto (MON)
Monsanto (MON ) offers a dividend yield of 1.74% based on Friday’s closing price of $112.73 and the company’s quarterly dividend payout of 49 cents. The stock is down 6% year-to-date. Dividend.com currently rates MON as “Neutral” with a DARS™ rating of 3.4 stars out of 5 stars.
2. Western Digital (WDC)
Western Digital (WDC) offers a dividend yield of 2.16% based on Friday’s closing price of $92.73 and the company’s quarterly dividend payout of 50 cents. The stock is down 15% year-to-date. Dividend.com currently rates WDC as “Neutral” with a DARS™ rating of 3.4 stars out of 5 stars.
3. Cisco Systems (CSCO)
Cisco Systems (CSCO ) offers a dividend yield of 3.10% based on Friday’s closing price of $27.13 and the company’s quarterly dividend payout of 21 cents. The stock is down 3% year-to-date. Dividend.com currently rates CSCO as “Neutral” with a DARS™ rating of 3.4 stars out of 5 stars.
4. Sysco (SYY)
Sysco (SYY ) offers a dividend yield of 3.14% based on Friday’s closing price of $38.16 and the company’s quarterly dividend payout of 30 cents. The stock is down 4% year-to-date. Dividend.com currently rates SYY as “Neutral” with a DARS™ rating of 3.4 stars out of 5 stars.
5. American Express (AXP)
American Express (AXP ) offers a dividend yield of 1.33% based on Friday’s closing price of $77.97 and the company’s quarterly dividend payout of 26 cents. The stock is down 16% year-to-date. Dividend.com currently rates AXP as “Neutral” with a DARS™ rating of 3.4 stars out of 5 stars.
6. Choice Hotels (CHH)
Choice Hotels (CHH ) offers a dividend yield of 1.23% based on Friday’s closing price of $63.32 and the company’s quarterly dividend payout of 19.5 cents. The stock is up 13% year-to-date. Dividend.com currently rates CHH as “Neutral” with a DARS™ rating of 3.4 stars out of 5 stars.
7. Torchmark (TMK)
Torchmark Corp Liquid error: internal offers a dividend yield of 0.99% based on Friday’s closing price of $54.67 and the company’s quarterly dividend payout of 13.5 cents. The stock is up 1% year-to-date. Dividend.com currently rates TMK as “Neutral” with a DARS™ rating of 3.4 stars out of 5 stars.
