10 Notable Stocks Trading Ex-Dividend Thursday, September 8

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.

• FedEx Corporation FDX - $0.4000 dividend, 0.9570 percent yield
• Coach Inc COH - $0.3375 dividend, 3.2569 percent yield
• Daktronics, Inc. DAKT - $0.0700 dividend, 2.9258 percent yield
• Cato Corp CATO - $0.3300 dividend, 3.7553 percent yield
• Rogers Communications Inc. (USA) RCI - $0.4800 dividend, 4.2309 percent yield
• Ladder Capital Corp LADR - $0.2750 dividend, 8.3019 percent yield
• Kewaunee Scientific Corporation KEQU - $0.1500 dividend, 2.6762 percent yield
• Financial Institutions, Inc. FISI - $0.2000 dividend, 3.0257 percent yield
• Universal Insurance Holdings, Inc. UVE - $0.1400 dividend, 2.2599 percent yield
• Stock Yards Bancorp Inc SYBT - $0.1800 dividend, 2.4185 percent yield