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 five big-name stocks going ex-dividend on Wednesday, April 1.
1. Bristol-Myers Squibb (BMY)
Bristol-Myers Squibb (BMY ) offers a dividend yield of 2.25% based on Monday’s closing price of $65.76 and the company’s quarterly dividend payout of 37 cents. The stock is up 11% year-to-date. Dividend.com currently rates BMY as “Neutral” with a DARS™ rating of 3.4 stars out of 5 stars.
2. JP Morgan Chase (JPM)
JP Morgan Chase (JPM ) offers a dividend yield of 2.62% based on Monday’s closing price of $60.96 and the company’s quarterly dividend payout of 40 cents. The stock is down 2% year-to-date. Dividend.com currently rates JPM as “Neutral” with a DARS™ rating of 3.2 stars out of 5 stars.
3. McCormick & Co. (MKC)
McCormick & Co. (MKC ) offers a dividend yield of 2.05% based on Monday’s closing price of $78.02 and the company’s quarterly dividend payout of 40 cents. The stock is up 5% year-to-date. Dividend.com currently rates MKC as “Neutral” with a DARS™ rating of 3.3 stars out of 5 stars.
4. Steelcase (SCS)
Steelcase (SCS ) offers a dividend yield of 2.38% based on Monday’s closing price of $18.93 and the company’s quarterly dividend payout of 11.25 cents. The stock is up 5% year-to-date. Dividend.com currently rates SCS as “Neutral” with a DARS™ rating of 3.1 stars out of 5 stars.
5. Kohlberg Capital (KCAP)
Kohlberg Capital (KCAP) offers a dividend yield of 12.07% based on Monday’s closing price of $6.96 and the company’s quarterly dividend payout of 21 cents. The stock is up 2% year-to-date. Dividend.com currently rates KCAP as “Neutral” with a DARS™ rating of 3.0 stars out of 5 stars.
