During the week of December 5-9 there are several notable stocks going ex-dividend giving investors plenty of opportunities to gain extra Christmas cash with dividend payouts.

Written by Timothy J. McIntosh (TheDividendManager.com)

Ex-dividend dates are very important to dividend investors, since you must own a stock before the ex-dividend date to be entitled to its dividend. This article addresses 6 of the biggest stock’s going ex-dividend .

1. Wal-Mart (NYSE: WMT):

• will go ex-dividend on Wednesday, December 7...
• currently pays a quarterly dividend of $0.50 and
• will pay its next dividend on January 3 and 
• will likely pay out a higher payout on that occasion as, typically, Wal-Mart raises its quarterly dividend $0.01 each year.
• Currently, Wal-Mart offers a dividend yield of about 2.80%...

2. Best Buy (NYSE: BBY):

• is going ex-dividend on Tuesday, December 6...
• will pay its quarterly dividend of $0.28 on January 29 and
• will likely...raise its quarterly dividend after its January payout.
• The company has also paid special dividends in early 2015 and 2016, so if history repeats itself, investors in Best Buy may receive something extra next spring.
• The stock currently has a dividend yield of approximately 2.50%.

3. Dr. Pepper Snapple (NYSE: DPS):

• will go ex-dividend on Friday, December 9...
• will pay its next $0.53 dividend on January 5...[and]
• will likely increase its dividend for its March payout.
• The company has been boosting its dividend consecutively for six years, raising its quarterly payout by about 13% every year.
• The stock currently has a dividend yield of about 2.40%.

4. Kohl’s Corporation (NYSE: KSS):

• is going ex-dividend on Monday, December 5...
• will pay its next $0.50 dividend on December 21...[and]
• will likely increase its dividend next spring [as] the stock typically raises its dividend each during its March payout.
• On average, Kohl’s 1. by 16% annually.  
• The stock has a dividend yield of about 3.70%.

5. Travelers Co. (NYSE: TRV):

• will go ex-dividend on Wednesday, December 7...
• will pay its next $0.67 dividend on December 30...[and]
• will likely increase their dividend  in April.
• The stock currently offers a dividend yield of about 2.35%...

6. General Motors (NYSE: GM):

• is going ex-dividend on Monday, December 5...
• will pay its next quarterly dividend of $0.38 on December 22.
• Although the company pays a relatively high dividend yield of 4.50%, the company has a limited history of dividend payouts (since 2014). In February, the...stock boosted its dividend by 6% from $0.36.