10 Notable Stocks Trading Ex-Dividend Tuesday, September 13

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.

• Macy's Inc M - $0.3775 dividend, 3.8471 percent yield
• Synovus Financial Corp. SNV - $0.1200 dividend, 1.4576 percent yield
• Motorola Solutions Inc MSI - $0.4100 dividend, 2.1670 percent yield
• Huntsman Corporation HUN 0.1250 dividend, 2.8137 percent yield
• Altria Group Inc MO - $0.6100 dividend, 3.6880 percent yield
• Packaging Corp Of America PKG - $0.6300 dividend, 3.2049 percent yield
• T. Rowe Price Group Inc TROW - $0.5400 dividend, 3.1061 percent yield
• Garmin Ltd. GRMN - $0.5100 dividend, 4.1565 percent yield
• Extra Space Storage, Inc. EXR - $0.7800 dividend, 3.8719 percent yield
• Ventas, Inc. VTR - $0.7300 dividend, 3.9685 percent yield