Stocks Trading Ex-Dividend On Tuesday, November 22

by: Zvi Bar

In order to be entitled to a stock’s dividend, an investor must own the stock and not sell it before the ex-dividend date. The dividend may not actually be paid for several weeks after the ex-dividend date, but the equity will immediately be re-priced to reflect the owed dividend being removed from the corporate coffers and share value.

Below, I have assembled a list of equities that will be going ex-dividend next week. Some individuals like to buy equities before an ex-dividend date, in order to capture the dividend. Others prefer to buy equities after ex-dividends, when the stock’s price is hurt to a greater extent than is warranted by the dividend being paid.

While neither plan is a sure thing nor even an advisable investment discipline, keeping track of ex-dividend dates is important so that you can understand why an equity may be zigging when the rest of the market zags.

Below, I have provided the present annual yield, the value of the pending dividend and performance charts for those equities that have ex-dividend dates scheduled for next week on Tuesday, November 22, 2011. I have only included those equities valued at over $1 billion and with dividends of at least two percent.

Click on charts to enlarge:

Apollo Global Management (NYSE:APO)

  • Annual Yield: 5.79%
  • Dividend Value: $0.20

Carnival (NYSE:CCL) (NYSE:CUK)

  • Annual Yield: 3.0%
  • Dividend Value: $0.25

HSBC Holdings (HBC)

  • Annual Yield: 4.88%
  • Dividend Value: $0.45

The Hershey Company (NYSE:HSY)

  • Annual Yield: 2.44%
  • Dividend Value: $0.34

NextEra Energy (NYSE:NEE)

  • Annual Yield: 4.01%
  • Dividend Value: $0.55

Radio Shack (NYSE:RSH)

  • Annual Yield: 3.87%
  • Dividend Value: $0.50

The ex-dividend date is usually two trading days before the holder of record date for U.S. securities. In order to have a claim towards a dividend, shares must be purchased no later than the last business day before the ex-dividend date. The price of a stock may increase in anticipation of that upcoming dividend, though it will suffer a reduction in price due to the dividend exclusion.

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

Disclaimer: This article is intended to be informative and should not be construed as personalized advice, as it does not take into account your specific situation or objectives.