There are 50 stocks going ex-dividend next week, starting Monday, October 24. For income investors looking to generate more income as part of a dividend capture strategy, a stock must be purchased one day before the ex-dividend date to capture the dividend payout. This would make the individual a shareholder of record and would entitle the investor to be paid the dividend on the payable date.
Key Insights
There are nine major stocks going ex-dividend next week, out of a total of 50. You can get a complete explanation of the ex-dividend date, record date, payment date and declaration date here. This information can help to broaden your understanding of the dividend capture strategy.
With our advanced screening tool, you can delve into companies going ex-dividend based on 16 parameters such as ex-dividend date range, market cap, dividend frequency and our proprietary DARS Rating, which would help you in your dividend capture strategy.
| Company | Payout Next Week | Ex-Dividend Date | Dividend Yield |
|---|---|---|---|
| Clorox (CLX ) | $0.81 | Oct. 24 | 2.60% |
| Ford Motor Co. (F ) | $0.15 | Oct. 25 | 5% |
| Unilever Plc (UL ) | $0.35 | Oct. 26 | 3.30% |
| Enterprise Products Partners (EPD ) | $0.41 | Oct. 27 | 6% |
| ConAgra Foods (CAG ) | $0.25 | Oct. 27 | 2.70% |
| Hasbro, Inc. (HAS ) | $0.51 | Oct. 28 | 2.50% |
| Realty Income (O ) | $0.20 | Oct. 28 | 3.90% |
| Paychex (PAYX ) | $0.46 | Oct. 28 | 3.30% |
There are dozens of stocks going ex-dividend each week. Income investors buying dividend stocks can create a portfolio that generates predictable income. Find out key insights on the companies that went ex-dividend last week here.
Stocks Going Ex-Dividend According to Market Cap
Among next week’s stocks going ex-dividend are a wide range of large-cap and small-cap stocks, as well as high-yield and low-yield dividend stocks.
The stock with the largest market capitalization going ex-dividend next week is European-based consumer products giant Unilever. Unilever has a market capitalization of $128 billion and the stock goes ex-dividend on Oct. 26. Unilever stock will pay a quarterly dividend rate of $0.3546 per share, payable Dec. 7. Unilever stock has a 3.3% current annualized dividend yield.
The stock with the smallest market capitalization is Mesabi Trust (MSB ), which is an iron ore mining trust. Mesabi has a $124 million market capitalization. The stock will go ex-dividend on Oct. 26. It will pay $0.10 per share, which comes out to an 8.7% annualized dividend yield.
Stocks Going Ex-Dividend Sorted by Dividend Yield
Prospect Capital Corporation (PSEC ) has the highest dividend yield among stocks going ex-dividend next week, while Coca-Cola Bottling Co. Consolidated (COKE ) has the lowest dividend yield. Prospect Capital Corporation and Coca-Cola Bottling have current annualized dividend yields of 12.5% and 0.71%, respectively.
Prospect Capital is a Business Development Company (BDC), a type of investment firm that invests primarily in small and medium-sized businesses, often in the private equity market. According to SEC regulations, BDCs must invest at least 70% of their assets in companies with market capitalizations of less than $250 million.
As regulated investment companies, BDCs like Prospect Capital must distribute at least 90% of their earnings to shareholders as dividends. This is a similar structure to Real Estate Investment Trusts (REITs), and why Prospect Capital has a double-digit dividend yield.
Meanwhile, Coca-Cola Bottling has a low dividend yield of 0.71%, which is less than half the average dividend yield in the S&P 500 Index.
Stay up to date with the highest yielding stocks and their latest ex-dividend dates on our High Dividend Yield Stocks By Yield page.
Best and Worst Stock Performance
The stock going ex-dividend next week with the best 52-week performance is A.O. Smith Corp (AOS ), which has increased 39.8%. The stock making the list with the worst performance over the past year is Teekay Corporation (TK), which has declined 76% in the past 52 weeks.
Dividend Aristocrats Going Ex-Dividend
There is one Dividend Aristocrat going ex-dividend next week, which is consumer staples company Clorox. The Dividend Aristocrats are a select group of companies in the S&P 500 that have increased their dividends for at least 25 consecutive years. Clorox has raised its dividend for the past 39 years in a row. Stocks with long histories of raising dividends can be good dividend stocks to buy, because their track records of steady dividend growth indicate a stable underlying business model that can stand the test of time.
There are also a number of dividend stocks that raise their dividends with regularity. You can find out an updated list of companies that recently announced changes in their payout policies, along with their ex-dividend dates, in our Dividend Payout Changes Announcement Tool.
