10 Notable Stocks Trading Ex-Dividend Wednesday, October 5

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.

• American Express Company AXP - $0.3200 dividend, 2.0183 percent yield
• Curtiss-Wright Corp. CW - $0.1300 dividend, 0.5916 percent yield
• DuPont Fabros Technology, Inc. DFT - $0.4700 dividend, 4.2766 percent yield
• Roper Technologies Inc ROP - $0.3000 dividend, 0.6758 percent yield
• SYSCO Corporation SYY - $0.3100 dividend, 2.3791 percent yield
• Barnes & Noble, Inc. BKS - $0.1500 dividend, 5.5556 percent yield
• Torchmark Corporation TMK - $0.1400 dividend, 0.8635 percent yield
• Verizon Communications Inc. VZ - $0.5775 dividend, 4.4526 percent yield
• Celadon Group, Inc. CGI - $0.0200 dividend, 0.9423 percent yield
• Gentex Corporation GNTX - $0.0900 dividend, 2.0157 percent yield