10 Notable Stocks Trading Ex-Dividend Tuesday, August 2

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 August 2, 2016.

• Skyworks Solutions Inc SWKS - $0.2800 dividend, 1.5792 percent yield
• Starbucks Corporation SBUX 0.2000 dividend, 1.3889 percent yield
• Cardinal Financial Corporation CFNL 0.1200 dividend, 2.1034 percent yield
• KB Home KBH 0.0250 dividend, 0.6124 percent yield
• Northwest Bancshares, Inc. NWBI - $0.1500 dividend, 3.9788 percent yield
• S & T Bancorp Inc STBA - $0.1900 dividend, 2.9827 percent yield
• Berkshire Hills Bancorp, Inc. BHLB - $0.2000 dividend, 2.8419 percent yield
• NGL Energy Partners LP NGL - $0.3900 dividend, 8.0495 percent yield
• CONE Midstream Partners LP CNNX - $0.2540 dividend, 5.8661 percent yield
• Sierra Bancorp BSRR - $0.1200 dividend, 2.7586 percent yield