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 on Thursday, April 30.
1. Bank of New York Mellon
Bank of New York Mellon (BK ) offers a dividend yield of 1.59% based on Tuesday’s closing price of $42.76 and the company’s quarterly dividend payout of 17 cents. The stock is up 5% year-to-date. Dividend.com currently rates BK as “Neutral” with a DARS™ rating of 3.4 stars out of 5 stars.
2. Brown & Brown
Brown & Brown (BRO ) offers a dividend yield of 1.36% based on Tuesday’s closing price of $32.26 and the company’s quarterly dividend payout of 11 cents. The stock is down 2% year-to-date. Dividend.com currently rates BRO as “Neutral” with a DARS™ rating of 3.4 stars out of 5 stars.
3. Ameriprise Financial
Ameriprise Financial (AMP ) offers a dividend yield of 2.11% based on Tuesday’s closing price of $127.14 and the company’s quarterly dividend payout of 67 cents. The stock is up 4% year-to-date. Dividend.com currently rates AMP as “Neutral” with a DARS™ rating of 3.4 stars out of 5 stars.
4. Webster Financial
Webster Financial (WBS ) offers a dividend yield of 2.52% based on Tuesday’s closing price of $36.48 and the company’s quarterly dividend payout of 23 cents. The stock is up 12% year-to-date. Dividend.com currently rates WBS as “Neutral” with a DARS™ rating of 3.3 stars out of 5 stars.