Notable Stocks Trading Ex-Dividend Friday, August 5

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 Friday.

• NuStar Energy L.P. NS - $1.0950 dividend, 9.0328 percent yield
• Colfax Corp CFX - $0.0625 dividend, 0.8455 percent yield
• Brown & Brown, Inc. BRO - $0.1225 dividend, 1.3573 percent yield
• Sanderson Farms, Inc. SAFM 0 $0.2200 dividend, 1.0201 percent yield
• Reinsurance Group of America Inc RGA - $0.4100 dividend, 1.7133 percent yield
• Welltower Inc HCN - $0.8600 dividend, 4.3894 percent yield
• Libbey Inc. LBY - $0.1150 dividend, 2.5541 percent yield
• Archrock Inc AROC - $0.0950 dividend, 4.1989 percent yield
• Vornado Realty Trust VNO - $0.6300 dividend, 2.3884 percent yield
• Calamos Asset Management, Inc CLMS - $0.1500 dividend, 8.5960 percent yield