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 5 big-name stocks going ex-dividend on Wednesday, May 6.
1. Pfizer
Pfizer (PFE ) offers a dividend yield of 3.26% based on Monday’s closing price of $34.32 and the company’s quarterly dividend payout of 28 cents. The stock is up 10% year-to-date. Dividend.com currently rates PFE as “Recommended” with a DARS™ rating of 3.5 stars out of 5 stars.
2. Boeing
Boeing (BA) offers a dividend yield of 2.53% based on Monday’s closing price of $144.02 and the company’s quarterly dividend payout of 91 cents. The stock is up 11% year-to-date. Dividend.com currently rates BA as “Neutral” with a DARS™ rating of 3.4 stars out of 5 stars.
3. Wells Fargo
Wells Fargo (WFC ) offers a dividend yield of 2.51% based on Monday’s closing price of $55.73 and the company’s quarterly dividend payout of 37.5 cents. The stock is up 2% year-to-date. Dividend.com currently rates WFM as “Neutral” with a DARS™ rating of 3.4 stars out of 5 stars.
4. IBM
International Business Machines (IBM ) offers a dividend yield of 2.53% based on Monday’s closing price of $173.97 and the company’s quarterly dividend payout of $1.30. The stock is up 8% year-to-date. Dividend.com currently rates IBM as “Neutral” with a DARS™ rating of 3.4 stars out of 5 stars.
5. Delta Air Lines
Delta Air Lines (DAL ) offers a dividend yield of 0.79% based on Monday’s closing price of $45.29 and the company’s quarterly dividend payout of 9 cents. The stock is down 8% year-to-date. Dividend.com currently rates DAL as “Neutral” with a DARS™ rating of 3.4 stars out of 5 stars.
