Ex-dividend dates are important to dividend investors since a stock must be purchased prior to its ex-dividend date in order for the investor to receive its upcoming 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 Tuesday, May 5.
1. Intel
Intel (INTC) offers a dividend yield of 2.87% based on Friday’s closing price of $33.42 and the company’s quarterly dividend payout of 24 cents. The stock is down 8% year-to-date. Dividend.com currently rates INTC as “Neutral” with a DARS™ rating of 3.4 stars out of 5 stars.
2. Discover Financial Services
Discover Financial Services (DFS ) offers a dividend yield of 1.89% based on Friday’s closing price of $59.31 and the company’s quarterly dividend payout of 28 cents. The stock is down 10% year-to-date. Dividend.com currently rates DFS as “Neutral” with a DARS™ rating of 3.4 stars out of 5 stars.
3. Starbucks
Starbucks (SBUX ) offers a dividend yield of 1.27% based on Friday’s closing price of $50.29 and the company’s quarterly dividend payout of 16 cents. The stock is up 23% year-to-date. Dividend.com currently rates SBUX as “Neutral” with a DARS™ rating of 3.4 stars out of 5 stars.
4. KB Home
KB Home (KBH ) offers a dividend yield of 0.68% based on Friday’s closing price of $14.77 and the company’s quarterly dividend payout of 2.5 cents. The stock is up 5% year-to-date. Dividend.com currently rates KBH as “Neutral” with a DARS™ rating of 3.0 stars out of 5 stars.