7 Notable Stocks Going Ex-Dividend Next Week led by Pfizer & Metlife

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Ex-dividend dates are very important for dividend investors, since you must own a stock prior to its ex-dividend date to be entitled to its dividend.

Next week, there’s are several notable companies that will be going ex-dividend. Below are some of the top dividend stocks going ex-dividend during the week of January 31 – February 3.

Pfizer Inc. (NYSE: PFE) will go ex-dividend on Wednesday, February 1. The pharmaceutical company currently offers a dividend yield of approximately 4%, which is well above the industry average of 2.15%. Pfizer will pay its next $0.32 dividend on March 1.
Last month, Pfizer boosted its dividend by 7%. It has been increasing its dividend every year since 2010. Pfizer is currently on our Top 100 Dividend Stocks list.
Metlife Inc (NYSE: MET) is going ex-dividend on Thursday, February 2. The life insurance company currently offers a dividend yield of about 2.9%, compared to the industry average of 1.9%. The stock will pay its next $0.40 dividend on March 13.
Metlife has been raising its dividend every year since 2013. If the company continues this trend, it is likely that is next dividend, which will be announced in April, should be higher. Metlife is currently on our Top 100 Dividend Stocks list.
Wells Fargo & Co (NYSE: WFC) will go ex-dividend on Wednesday, February 1. The financial services offers a dividend yield of 2.8%, which is slightly above the average of its peers. The company will pay its next $0.38 on March 1.
Wells Fargo has been consistently raising its dividend since 2012. If this continues into 2017, it is likely that the stock will raise its dividend after its next announcement in April.
Paychex, Inc. (NYSE: PAYX) is going ex-dividend on Monday, January 30. The staffing services company currently has a dividend yield of 3%, which is well above the average among its peers. It will pay its next $0.46 dividend on February 15.
Paychex has been raising its dividend every year since 2011. It is likely that the company will announce its annual dividend increase in July.
Bank of Montreal (NYSE: BMO)  will go ex-dividend on Monday, January 30. The Canadian bank  currently has a dividend yield of about 4.65%, which is above the average yield of foreign banks, which is approximately 3%. The stock will pay its next $0.88 on February 28.
The company is a foreign stock, but offers U.S. shares. Its quarterly payouts vary on each payout, but the stock still offers an attractive yield.
Fastenal Company (NYSE: FAST) is going ex-dividend on Monday, January 30. The construction company currently offers a dividend yield of 2.5%, which is well above the industry average, which is less than 1%. The stock will be paying its next $0.32 dividend on February 28.
Fastenal has been boosting its dividend every year since 2011. The company recently raised its dividend by 11% from $0.28.
Hasbro, Inc. (NYSE: HAS) will go ex-dividend on Monday, January 30.  The toys and games company offers a dividend of approximately 2.4%, which is in-line with the industry average. Hasbro will pay its next $0.51 on February 15.
The company has been increasing its dividend every year since 2010. It is likely that Hasbro will announce a higher dividend in February.

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