Notable Stocks Trading Ex-Dividend Tuesday, July 26

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 July 26, 2016.

• First Republic Bank FRC - $0.16 dividend, 0.8979 percent yield
• ADTRAN, Inc. ADTN - $0.09 dividend, 1.8237 percent yield
• Ford Motor Company F - $0.15 dividend, 4.4510 percent yield