10 Notable Stocks Trading Ex-Dividend Thursday, October 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 Thursday.

• RPM International Inc. RPM - $0.3000 dividend, 2.3711 percent yield
• Owens Corning OC - $0.1800 dividend, 1.3997 percent yield
• ConocoPhillips COP - $0.2500 dividend, 2.2462 percent yield
• PNC Financial Services Group Inc PNC - $0.5500 dividend, 2.4609 percent yield
• Quaker Chemical Corp KWR - $0.3450 dividend, 1.3690 percent yield
• Graco Inc. GGG - $0.3300 dividend, 1.7761 percent yield
• Watsco Inc WSO - $1.0500 dividend, 2.9808 percent yield
• IDEX Corporation IEX - $0.3400 dividend, 1.4754 percent yield
• CLARCOR Inc. CLC - $0.2500 dividend, 1.5649 percent yield
• EOG Resources Inc EOG - $0.1675 dividend, 0.7131 percent yield