Notable Stocks Trading Ex-Dividend Tuesday, August 9

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 Tuesday.

• Entergy Corporation ETR - $0.8500 dividend, 4.2226 percent yield
• Coty Inc COTY - $0.2750 1.0234 dividend, percent yield
• Wynn Resorts, Limited WYNN - $0.5000 dividend, 1.9109 percent yield
• Graham Corporation GHM - $0.0900 dividend, 1.9190 percent yield
• Simulations Plus, Inc. SLP - $0.0500 dividend, 2.4969 percent yield
• Valero Energy Corporation VLO - $0.6000 dividend, 4.6270 percent yield
• Wintrust Financial Corp WTFC - $0.1200 dividend, 0.9009 percent yield
• Extended Stay America Inc STAY - $0.1900 dividend, 5.1007 percent yield
• Gildan Activewear Inc (USA) GIL - $0.0780 dividend, 1.0061 percent yield
• Boardwalk Pipeline Partners, LP BWP - $0.1000 dividend, 2.3938 percent yield