Notable Stocks Trading Ex-Dividend Wednesday, August 10

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 Wednesday.

• Delta Air Lines, Inc. DAL - $0.2025 dividend, 2.0579 percent yield
• Emerson Electric Co. EMR - $0.4750 dividend, 3.4062 percent yield
• Exxon Mobil Corporation XOM - $0.7500 dividend, 3.2776 percent yield
• Costco Wholesale Corporation COST - $0.4500 dividend, 1.0716 percent yield
• Charles Schwab Corp SCHW - $0.0700 dividend, 1.0050 percent yield
• Duke Energy Corp DUK - $0.8550 dividend, 3.9763 percent yield
• J M Smucker Co SJM - $0.7500 dividend, 1.9649 percent yield
• Kennametal Inc. KMT - $0.2000 dividend, 3.2051 percent yield
• Sturm, Ruger & Company RGR - $0.4900 dividend, 2.8275 percent yield
• BB&T Corporation BBT - $0.3000 dividend, 3.2618 percent yield