9 Notable Stocks Trading Ex-Dividend Monday, September 19

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 Monday.

• Seagate Technology PLC STX - $0.6300 dividend, 7.7706 percent yield
• KAR Auction Services Inc KAR - $0.2900 dividend, 2.7326 percent yield
• Ark Restaurants Corp ARKR - $0.2500 dividend, 4.2992 percent yield
• Vector Group Ltd VGR - $0.4000 dividend, 7.1717 percent yield
• Cincinnati Financial Corporation CINF - $0.4800 dividend, 2.5330 percent yield
• Ituran Location and Control Ltd. (US) ITRN - $0.1800 dividend, 2.9545 percent yield
• Apollo Investment Corp. AINV - $0.1500 dividend, 10.5079 percent yield
• FS Investment Corporation FSIC - $0.2228 dividend, 9.4507 percent yield
• Main Street Capital Corporation MAIN - $0.1850 dividend, 6.6767 percent yield