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 Thursday, May 7.
1. Apple
Apple (AAPL ) offers a dividend yield of 1.65% based on Tuesday’s closing price of $125.58 and the company’s quarterly dividend payout of 52 cents. The stock is up 14% year-to-date. Dividend.com currently rates AAPL as “Neutral” with a DARS™ rating of 3.4 stars out of 5 stars.
2. Paychex
Paychex (PAYX ) offers a dividend yield of 3.10% based on Tuesday’s closing price of $49.09 and the company’s quarterly dividend payout of 38 cents. The stock is up 6% year-to-date. Dividend.com currently rates PAYX as “Neutral” with a DARS™ rating of 3.4 stars out of 5 stars.
3. Alcoa
Alcoa (AA ) offers a dividend yield of 0.87% based on Tuesday’s closing price of $13.82 and the company’s quarterly dividend payout of 3 cents. The stock is down 12% year-to-date. Dividend.com currently rates AA as “Neutral” with a DARS™ rating of 3.1 stars out of 5 stars.
4. MetLife
MetLife (MET ) offers a dividend yield of 2.69% based on Tuesday’s closing price of $52.11 and the company’s quarterly dividend payout of 37.5 cents. The stock is down 4% year-to-date. Dividend.com currently rates MET as “Neutral” with a DARS™ rating of 3.4 stars out of 5 stars.
