10 Notable Stocks Trading Ex-Dividend Wednesday, August 31

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.

• Flowers Foods, Inc. FLO - $0.1600 dividend, 4.2216 percent yield
• Fred's, Inc. FRED - $0.0600 dividend, 1.8100 percent yield
• Ross Stores, Inc. ROST - $0.1350 dividend, 0.8668 percent yield
• C.H. Robinson Worldwide, Inc. CHRW - $0.4300 dividend, 2.4917 percent yield
• Abercrombie & Fitch Co. ANF - $0.2000 dividend, 3.6513 percent yield
• Fluor Corporation (NEW) FLR - $0.2100 dividend, 1.5882 percent yield
• Cooper Tire & Rubber Co CTB - $0.1050 dividend, 1.3100 percent yield
• Dominion Resources, Inc. D - $0.7000 dividend, 3.6190 percent yield
• La-Z-Boy Incorporated LZB - $0.1000 dividend, 1.4684 percent yield
• Navient Corp NAVI - $0.1600 dividend, 4.4944 percent yield