Ex-dividend dates are very important to dividend investors, since you must purchase a stock prior to its ex-dividend date in order to receive its upcoming dividend payout. For more information, check out Everything Investors Need to Know About Ex-Dividend Dates.
Below we highlight 10 big-name stocks going ex-dividend on Thursday, March 12.
1. Altria (MO)
Altria (MO ) offers a dividend yield of 3.91% based on Tuesday’s closing price of $53.20 and the company’s quarterly dividend payout of 52 cents. The stock is up 8% year-to-date. Dividend.com currently rates MO as “Recommended” with a DARS™ rating of 3.6 stars out of 5 stars.
2. Garmin (GRMN)
Garmin (GRMN ) offers a dividend yield of 3.64% based on Tuesday’s closing price of $49.50 and the company’s quarterly dividend payout of 48 cents. The stock is down 6% year-to-date. Dividend.com currently rates GRMN as “Neutral” with a DARS™ rating of 3.4 stars out of 5 stars.
3. Dr. Pepper Snapple (DPS)
Dr. Pepper Snapple (DPS) offers a dividend yield of 2.46% based on Tuesday’s closing price of $77.95 and the company’s quarterly dividend payout of 48 cents. The stock is up 9% year-to-date. Dividend.com currently rates DPS as “Neutral” with a DARS™ rating of 3.4 stars out of 5 stars.
4. Coca-Cola (KO)
Coca-Cola (KO) offers a dividend yield of 3.24% based on Tuesday’s closing price of $40.69 and the company’s quarterly dividend payout of 33 cents. The stock is down 4% year-to-date. Dividend.com currently rates KO as “Neutral” with a DARS™ rating of 3.4 stars out of 5 stars.
5. T. Rowe Price (TROW)
T. Rowe Price (TROW ) offers a dividend yield of 2.56% based on Tuesday’s closing price of $81.16 and the company’s quarterly dividend payout of 52 cents. The stock is down 5% year-to-date. Dividend.com currently rates TROW as “Neutral” with a DARS™ rating of 3.4 stars out of 5 stars.
6. Public Storage (PSA)
Public Storage (PSA ) offers a dividend yield of 3.00% based on Tuesday’s closing price of $186.65 and the company’s quarterly dividend payout of $1.40. The stock is up 1% year-to-date. Dividend.com currently rates PSA as “Neutral” with a DARS™ rating of 3.4 stars out of 5 stars.
7. Merck (MRK)
Merck (MRK ) offers a dividend yield of 3.18% based on Tuesday’s closing price of $56.58 and the company’s quarterly dividend payout of 45 cents. The stock has been flat year-to-date. Dividend.com currently rates MRK as “Neutral” with a DARS™ rating of 3.4 stars out of 5 stars.
