These 6 Notable Companies Will Be Going Ex-Dividend Next Week

Written by Timothy J. McIntosh

The stocks below will be going ex-dividend during the week of January 17-20.

1. Caterpillar Inc. (NYSE: CAT) will be going ex-dividend on Wednesday, January 18.

The construction and mining company will pay its next quarterly dividend of $0.77 on February 18. The stock currently offers a dividend yield of about 3.3%, which is well above the average yield of its peers, which is just over 1%.

Despite its impressive dividend history, investors did not see a dividend boost last year. However, the lack of dividend increase was certainly offset by the performance of its share price. The stock has soared over 45% over the last 12 months due to optimistic sales estimates and positive reaction to the election.

2. CVS Health Corp (NYSE: CVS) is going ex-dividend on Friday, January 20.  

The drugstore company will pay its next quarterly payout of $.50 on February 2. Currently, CVS offers a dividend yield of approximately 2.5%, which is slightly below average for drug store companies. At the beginning of January, the companies boosted its dividend by 18% from $0.425.

The stock has declined 12% over the last 12 months, as it remained in the shadows while its competitors Rite Aid (NYSE: RAD) and Walgreens Boots Alliance (NYSE: WBA ) announced a major merger deal.

3. LTC Properties Inc. (NYSE: LTC ) will go ex-dividend on Thursday, January 19.

The healthcare real estate investment trust will pay its next monthly dividend of $0.19 on January 31. The stock has a dividend yield of 4.9%, which is well above the average of its peers, which is 2.9%.

Over the last 12 months, the stock is up about 9%.

4. Apache Corporation (NYSE: APA) is going ex-dividend on Wednesday, January 18.

The energy company will pay its next quarterly dividend of $0.25 on February 22. Apache currently offers a dividend yield of 1.6%, which is under the average dividend yield in the independent oil industry of 4%.

The stock is up 70% over the last 12 months, which made up for its underwhelming dividend yield.

5. General Dynamics Corporation (NYSE: GD) will go ex-dividend on Wednesday, January 18.

The aerospace defense company currently offers a dividend yield of approximately 1.7%, which is above the average of its peers.

The stock is up over 35% in the last 12 months, as it gained most of its momentum after the election. President-elect Trump recently announced his pick for Defense secretary, who has ties to General Dynamics.

6. WD-40 Company (NYSE: WDFC ) is going ex-dividend on Wednesday, January 18.

The specialty chemical company will pay its next quarterly dividend of $0.49 on January 31. The company currently offers a dividend yield of about 1.7%, compared to the average of its peers, which is 1.85%.

WD-40 is up about 20% over the last 12 months.

This article has been edited ([ ]), abridged (...) and reformatted (structure, title/subtitles, font) by the editorial team of munKNEE.com (Your Key to Making Money!) to provide a faster & ...

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