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 Monday, May 4.
1. Holly Energy Partners L.P.
Holly Energy Partners L.P. (HEP ) offers a dividend yield of 6.53% based on Thursday’s closing price of $32.95 and the company’s quarterly dividend payout of 53.75 cents. The stock is up 11% year-to-date. Dividend.com currently rates HEP as “Neutral” with a DARS™ rating of 3.4 stars out of 5 stars.
2. VSE Corp
VSE Corp (VSEC ) offers a dividend yield of 0.56% based on Thursday’s closing price of $71.14 and the company’s quarterly dividend payout of 10 cents. The stock is up 8% year-to-date. Dividend.com currently rates VSEC as “Neutral” with a DARS™ rating of 3.3 stars out of 5 stars.
3. Global Partners L.P.
Global Partners L.P.(GLP ) offers a dividend yield of 6.78% based on Thursday’s closing price of $40.14 and the company’s quarterly dividend payout of 68 cents. The stock is up 22% year-to-date. Dividend.com currently rates GLP as “Neutral” with a DARS™ rating of 3.3 stars out of 5 stars.
4. Cheescake Factory
Cheescake Factory (CAKE ) offers a dividend yield of 1.32% based on Thursday’s closing price of $50.13 and the company’s quarterly dividend payout of 16.5 cents. The stock has been flat year-to-date. Dividend.com currently rates CAKE as “Neutral” with a DARS™ rating of 3.3 stars out of 5 stars.
