6 Notable Stocks Trading Ex-Dividend Tuesday, September 27

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.

• SeaWorld Entertainment Inc SEAS - $0.1000 dividend, 3.1521 percent yield
• Royal Caribbean Cruises Ltd RCL - $0.4800 dividend, 2.9322 percent yield
• Stein Mart, Inc. SMRT - $0.0750 dividend, 3.8760 percent yield
• Sempra Energy SRE - $0.7550 dividend, 2.8208 percent yield
• Medtronic PLC MDT - $0.4300 dividend, 1.9761 percent yield
• Condor Hospitality Trust, Inc. CDOR - $0.0300 dividend, 6.8182 percent yield