Two Stocks Going Ex-Dividend Last Week of July

If you want to try the stock trading technique called 'Buying Dividends,' which is the process of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend, there are many stocks to choose from. This technique generally works only in bull markets.

When you buy dividends, there are many stocks in many different sectors to choose from. In order to be entitled to the dividend, you have to buy the stock before the ex-dividend date, and you can't sell the stock until after the ex date. The actual dividend may not be paid for another few weeks. WallStreetNewsNetwork has compiled a free downloadable and sortable Excel list of the stocks going ex dividend during the last week of July. They came up with many companies all with market caps over $500 million. Here are a couple examples showing the stock symbol, the ex-dividend date and the yield:

Tanger Factory Outlet Centers Inc. (SKT) ex div date: 7/28/09 market cap: $951.1M yield: 5.2%

NiSource Inc. (NI) ex div date: 7/29/09 market cap: $3.2B yield: 7.9%

For more details on dividend definitions, check out definitions of dividend dates. Don't forget to reconfirm the ex-dividend date with the company before implementing this technique.

Disclosure: Author doesn't own any of the above.

Comments

[Lawrence Kl...:]

Have these two companies confirmed their dividend payouts for this quarter?

Thanks!

Jul 22 05:34 PM

[reitmedia:]

REITs offer a decent vehicle for "buying dividends" REITMedia.com offers a good representation of dividends sorted by Payable date and Record Date. Since it takes a couple of days to settle, I buy 3 market days prior to record date. I've done this a couple of times and made a few bucks.

Jul 22 10:59 PM