10 Notable Stocks Trading Ex-Dividend Monday, October 3

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.

• Lennar Corporation LEN - $0.0400 dividend, 0.3682 percent yield
• Cisco Systems, Inc. CSCO - $0.2600 dividend, 3.3712 percent yield
• Hannon Armstrong Sustnbl Infrstr Cap Inc HASI - $0.3000 dividend, 5.3476 percent yield
• New York Times Co NYT - $0.0400 dividend, 1.2966 percent yield
• Superior Industries International Inc SUP - $0.1800 dividend, 2.4185 percent yield
• Mack Cali Realty Corp CLI - $0.1500 dividend, 2.1216 percent yield
• Dynex Capital Inc DX - $0.2100 dividend, 11.5543 percent yield
• Brandywine Realty Trust BDN - $0.1600 dividend, 4.0328 percent yield
• First of Long Island Corp FLIC - $0.2100 dividend, 2.6415 percent yield
• First Bancorp Inc FNLC - $0.2300 dividend, 3.9149 percent yield