Notable Stocks Trading Ex-Dividend Wednesday, August 3

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 3, 2016.

• J B Hunt Transport Services Inc JBHT - $0.2200 dividend, 1.0791 percent yield
• Johnson Controls Inc JCI - $0.2900 dividend, 2.6250 percent yield
• FirstEnergy Corp. FE - $0.3600 dividend, 3.9680 percent yield
• Sunoco LP SUN - $0.8255 dividend, 10.7347 percent yield
• Wells Fargo & Co WFC - $0.3800 dividend, 3.1588 percent yield
• BP plc (ADR) BP - $0.6000 dividend, 6.8768 percent yield
• American Airlines Group Inc AAL - $0.1000 dividend, 1.1442 percent yield
• Heidrick & Struggles International, Inc. HSII - $0.1300 dividend, 2.9834 percent yield
• Alcoa Inc AA - $0.0300 dividend, 1.1321 percent yield
• Sensient Technologies Corporation SXT - $0.2700 dividend, 1.5341 percent yield