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 14.
1. Eli Lilly
Eli Lilly (LLY ) offers a dividend yield of 2.75% based on Wednesday’s closing price of $72.80 and an annualized dividend of 50 cents paid quarterly. The stock is down 6.02% from its 52 week high. Dividend.com currently rates LLY as “Neutral” with a DARS™ rating of 3.4 stars out of 5 stars.
2. Watts Water Technologies
Watts Water Technologies (WTS ) offers a dividend yield of 1.25% based on Wednesday’s closing price of $54.19 and a quarterly dividend of 17 cents. The stock is down 17.69% from its 52 week high. Dividend.com currently rates WTS as “Neutral” with a DARS™ rating of 3.4 stars out of 5 stars.
3. Timken Co
Timken Co (TKR ) offers a dividend yield of 2.57% based on Wednesday’s closing price of $40.49 and the company’s annualized dividend of $1.04 paid quarterly. The stock is down 41.75% year-to-date—potentially making it ripe to buy depending on who you ask. Dividend.com currently rates TKR as “Neutral” with a DARS™ rating of 3.3 stars out of 5 stars.
4. United Parcel Service
United Parcel Service (UPS ) offers a dividend yield of 2.94% based on Wednesday’s closing price of $99.43 and a quarterly dividend of 41 cents. The stock is down 13.09% from its 52 week high. Dividend.com currently rates UPS as “Neutral” with a DARS™ rating of 3.4 stars out of 5 stars.
