9 Notable Stocks Trading Ex-Dividend Thursday, October 6

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 Thursday.

• AT&T Inc. T - $0.4800 dividend, 4.7140 percent yield
• General Mills, Inc. GIS - $0.4800 dividend, 3.0038 percent yield
• Mastercard Inc MA - $0.1900 dividend, 0.7513 percent yield
• ClubCorp Holdings Inc MYCC - $0.1300 dividend, 3.5206 percent yield
• Darden Restaurants, Inc. DRI - $0.5600 dividend, 3.6945 percent yield
• Banner Corporation BANR - $0.2300 dividend, 2.1306 percent yield
• WGL Holdings Inc WGL - $0.4875 dividend, 3.0579 percent yield
• Guaranty Federal Bancshares, Inc. GFED - $0.0800 dividend, 1.9851 percent yield
• Hingham Institution for Savings HIFS - $0.3200 dividend, 0.9270 percent yield