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 12.
1. Amgen
Amgen (AMGN ) offers a dividend yield of 1.94% based on Monday’s opening price of $162.31 with a quarterly dividend payout of 79 cents. The stock is down 6.30% year-to-date, but seems to have found support just over the $150 mark since October 2014. Dividend.com currently rates AMGN as “Neutral” with a DARS™ rating of 3.4 stars out of 5.
2. Berkshire Hills Bancorp
Berkshire Hills Bancorp (BHLB ) offers a dividend yield of 2.58% based on Monday’s opening price of $27.67 with a quarterly dividend payout of 19 cents. BHLB is down 4.88% year-to-date and is currently rated as “Neutral” by Dividend.com. Berkshire Hills Bancorp has a DARS™ rating of 3.3 stars out of 5.
3. TJX Companies
TJX Companies (TJX ) offers a dividend yield of 1.25% based on Monday’s opening price of $67.36. TJX pays a quarterly dividend of 21 cents and currently holds a DARS™ rating of 3.4 stars out of 5. TJX has increased its dividend payout for 18 continuous years.
4. Avon Products
Avon (AVP ) offers a dividend yield of 3.38% based on Monday’s opening price of $7.20 with a quarterly dividend payout of 6 cents. The stock is down 52.85% year-to-date. While this stock is sitting near an all-time low, it is key to point out that AVP has paid a dividend for 42 years. Dividend.com currently rates AVP as “Neutral” with a DARS™ rating of 3 stars out of 5.
