10 Notable Stocks Trading Ex-Dividend Friday, October 28

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 Friday.

• Kinder Morgan Inc KMI - $0.1250 dividend, 2.4777 percent yield
• Hasbro, Inc. HAS - $0.5100 dividend, 2.6786 percent yield
• Paychex, Inc. PAYX - $0.4600 dividend, 3.2840 percent yield
• AES Corp AES - $0.1100 dividend, 3.7511 percent yield
• Goodyear Tire & Rubber Co GT - $0.1000 dividend, 1.2983 percent yield
• AEP Industries AEPI - $0.2500 dividend, 0.8981 percent yield
• Aon plc AON - $0.3300 dividend, 1.2003 percent yield
• Ally Financial Inc ALLY - $0.0800 dividend, 1.6512 percent yield
• TC Pipelines, LP TCP - $0.9400 dividend, 6.6081 percent yield
• Pinnacle West Capital Corporation PNW - $0.6550 dividend, 3.5050 percent yield