7 Notable Stocks Going Ex-Dividend Next Week (PM, MDT, GE, MO)

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Ex-Dividend dates are extremely important for dividend investors since a stock must be owned prior to the ex-dividend date for the investor to be entitled to the dividend.

The following stocks will going ex-dividend during the week of December 19-23 and could be opportunities for investors considering a last minute dividend capture before the holidays.

Medtronic PLC (NYSE: MDT) is going ex-dividend on Wednesday, December 21. The stock offers a dividend yield of about 2.3% and pays a quarterly dividend of $0.43. On average, the medical equipment industry offers a dividend yield of 0.85%, which is well below the yield offered by Medtronic. Medtronic has an impressive history of dividend increases, as it has boosted its dividend every year since 1978. It’s next dividend will be paid on January 13. The stock ranks 89 on our Top 100 Dividend Stocks list.

Philip Morris International Inc. (NYSE: PM) will be going ex-dividend on Tuesday, December 20. The stock currently pays a quarterly dividend of $1.04 and has a dividend yield of approximately 4.5% (compared to the tobacco industry average of 4%). The stock has been raising its dividend every year since 2008, typically boosting its dividend by 5-10% annually. It’s next dividend will be paid on January 10. The stock currently ranks 68 on our Top 100 Dividend Stocks list.

General Electric Company (NYSE: GE) will go ex-dividend on Thursday, December 22. The stock offers a dividend yield around 3% and pays a quarterly payout of $0.24. Recently, GE raised its dividend by 5% from $0.23. General Electric has a long history of paying dividends and has been boosting its dividend every year since 2010. The stock will pay its next dividend on January 25.

Altria Group Inc (NYSE: MO) is going ex-dividend on Tuesday, December 20. Currently, Altria pays a quarterly dividend of $0.61.and offers a dividend yield of 3.6% (compared to the average yield of cigarette makers of 3.3%). The stock increased its dividend by 8% from $0.5650 in August. Altria has been raising its dividend every year since 2009. It will pay its next dividend on January 10.

Las Vegas Sands Corp. (NYSE: LVS) will go ex-dividend on Monday, December 19. The resort company offers a dividend yield around 5% (compared to the casino and resort industry average of 1.8%) and pays a quarterly dividend of $0.72. It is likely that the stock’s next dividend announcement will be a dividend increase. The stock has been increasing its dividend every year since 2013. It will pay its next dividend on December 30.

CME Group Inc (NYSE: CME) is going ex-dividend on Friday, December 23 with special dividend of $3.25. It will go ex-dividend again on Wednesday, December 28 with its regular dividend of $0.60. The company currently offers a dividend yield of 2%. Since 2008, CME Group has increased its dividend every year. It will pay its special dividend on January 13 and its regular dividend on December 28.

Staples, Inc. (NYSE: SPLS) will go ex-dividend on Monday, December 19. The office supply retailer currently pays a quarterly dividend of $0.12 and offers a dividend yield of 4.85% (compared to the average yield in the specialty retailer industry of 2.8%). Staples has held its dividend steady since 2013. It will pay its next dividend on January 12.

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