Ex-dividend dates are very important for dividend investors, as you must own a stock prior to its ex-dividend date in order to be entitled to its dividend.
Next week, the week between Christmas and New Years, is a very busy week for most people, but typically not a busy week for the markets. However, there are still several big-name stocks that will be going ex-dividend. For investors seeking some year-end ex-dividend dates, here are ten stocks going ex-dividend during the week of December 27-30.
The Gap Inc. (NYSE: GPS) is going ex-dividend on Friday, December 30. The apparel retailer currently offers a dividend yield of approximately 3.9% (compared to the industry average of 2.8%) and pays a quarterly dividend of $0.23. The stock will make its next dividend payout on January 25. Although the stock has been maintaining an attractive yield, it has not increased its dividend since the beginning of 2015. GPS ranks 11 on our Top 100 Dividend Stocks list.
Cardinal Health Inc (NYSE: CAH) will go ex-dividend on Thursday, December 29. The healthcare services company offers a dividend yield of about 2.5% (compared to the industry average of 1.6%). It currently pays a quarterly dividend of $0.4489 and will pay its next dividend on January 15. In May, Cardinal Health raised its dividend by 16%. It has been increasing its dividend every year since 2005. CAH ranks 17 on our Top 100 Dividend Stocks list.
Chubb Corp (NYSE: CB) will go ex-dividend on Wednesday, December 28. The insurance company offers a dividend yield of about 2%, which is a decent yield for investors, but below the industry average of 2.9%. The stock will pay its next $0.69 dividend on January 20. The company has a long history of paying and consecutively increasing its dividend, as it has been boosting its dividend every year for over 50 years. CB ranks 29 on our Top 100 Dividend Stocks list.
Deere & Company (NYSE: DE) is going ex-dividend on Wednesday, December 28. The farm machinery company currently has a dividend yield of 2.3%, above the industry average of 1%. The stock will pay its next $.60 dividend on February 1. The company has maintained its dividend payout since 2014, when it increased its dividend by 18%. DE ranks 30 on our Top 100 Dividend Stocks list.
Bank of Nova Scotia (NYSE: BNS) will go ex-dividend on Thursday, December 29. The bank currently offers a dividend yield over 5%, which is well above the industry average. Its next dividend of $0.74 will be paid on January 27. BNS is Canada’s third largest bank and is available to U.S. investors on the New York Stock Exchange. It recently boosted its quarterly dividend from $0.5651. BNS ranks 44 on our Top 100 Dividend Stocks list.
AvalonBay Communities (NYSE: AVB) is going ex-dividend on Wednesday, December 28. The real estate investment trust (REIT) currently offers a quarterly payout of $1.35 and has a dividend yield of about 3%. It will pay its next dividend on January 16. On average, companies in the residential REIT industry offer a dividend yield of 6.2%, but do not all have stable dividends. We expect AVB to announce its next dividend payout in February, which may be an increase from its current payout. AVB ranks 82 on our Top 100 Dividend Stocks list.
Boston Properties (NYSE: BXP) will go ex-dividend on Wednesday, December 28. The Office REIT currently offers a dividend yield of 2.4%, compared to the industry average of 4%. The company will pay its next $0.75 quarterly dividend on January 30. BXP recently raises its dividend from $0.65 earlier this month.
Illinois Tool Works (NYSE: ITW) is going ex-dividend on Wednesday, December 28. The industrial products company has a dividend yield around 2%, which is well above the industry average of 1.3%. The stock will pay its next $0.65 quarterly dividend on January 11. In August, ITW boosted its dividend 18% from $0.55.
Raytheon Co. (NYSE: RTN) will go ex-dividend on Friday, December 30. The aerospace defense company currency has a dividend yield of about 2%, which is in-line with its peers. The stock will pay its next $0.7325 dividend on February 2. Since 2005, the stock has been raising its dividend every year. We expect the stock’s next dividend to be an increase.
Comcast Corporation (NYSE: CMCSA) is going ex-dividend on Friday, December 30. The media and communications company offers a dividend yield of about 1.55%, which is in-line with its peers. The stock will pay its next $0.2750 dividend on January 25. We expect the stock to announce a higher dividend payout when it declares its next dividend in February.
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