10 Notable Stocks Trading Ex-Dividend Wednesday, July 27

It’s critical to know whether a stock you plan on buying has an ex-dividend status, because in case it does, the dividend would be paid out to the seller. The person who owns the stock on the ex-dividend date will be awarded the payment, which means that you’ll have to wait for the next dividend cycle to receive your first dividend payout from the company.

On the other hand, share prices typically decline just after the ex-dividend date is declared, and usually by an amount equal to the expected dividend. So, this may give you the opportunity to identify a good entry point. If you’re planning on selling shares on or after the ex-dividend date, you'll receive the dividend payout from the company.

Here is the list of stocks going ex-dividend on July 27, 2016.

• Morgan Stanley MS - $0.2000 dividend, 2.8379 percent yield
• Unum Group UNM - $0.2000 dividend, 2.4427 percent yield
• Donaldson Company, Inc. DCI - $0.1200 dividend, 4.0404 percent yield
• Coca-Cola Bottling Co. Consolidated COKE - $0.2500 dividend, 0.6832 percent yield
• JMP Group Inc. JMP - $0.0300 dividend, 6.6298 percent yield
• ConAgra Foods Inc CAG - $0.2500 dividend, 2.0786 percent yield
• KeyCorp KEY - $0.0850 dividend, 2.9412 percent yield
• Enterprise Products Partners L.P. EPD - $0.4000 dividend, 5.5421 percent yield
• A. O. Smith Corp AOS - $0.2400 dividend, 1.0634 percent yield
• Teekay Corporation TK - $0.0550 dividend, 3.0856 percent yield