Market Overview

5 Stocks Going Ex-Dividend Today


Concerns over global economic growth and the Federal Reserve’s recent decision not to issue a second interest rate hike have many investors once again seeking out high-yielding dividend plays. If you’re planning on holding a stock for the long-term, the payment dates for the dividends are not particularly important. But if you are a shorter-term trader, knowing the ex-dividend dates for all of your stocks is critical.

If you buy a stock on or after its ex-dividend date, you will not receive the next dividend payment the company pays out. That means that you will essentially need to hold the stock for a full dividend cycle to recieve your first payout.

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On the other hand, if you own a dividend-paying stock and are looking for a selling opportunity, the ex-dividend date is the first day you can sell the stock and still receive the upcoming dividend.

Here’s a look at five stocks that may seem like promising yielders on the surface, but their March 22 ex-dividend date means that yield-seekers will have a long time to wait for their first dividend:

Axiall Corp (NYSE: AXLL) (2.9 percent yield)

Tahoe Resources Inc (NYSE: TAHO) (2.1 percent yield)

CyrusOne Inc (NASDAQ: CONE) (3.6 percent yield)

Piedmont Natural Gas Company, Inc. (NYSE: PNY) (2.2 percent yield)

Staples, Inc. (NASDAQ: SPLS) (4.7 percent yield)

Disclosure: the author holds no position in the stocks mentioned.

Posted-In: News Education Dividends Previews Trading Ideas General


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