Stocks approaching Ex-date this week

Besides profit and loss, an important thing that investors look out for during the earnings season is dividends. Read on to find out which stocks will attract investors this week as they near their ex-date.

During the results announcement, the company’s board of directors approve the payment of dividends to equity shareholders. Dividends are a means of distributing the company’s profits with the shareholders. Listed companies that are fundamentally strong and have a positive outlook payout dividends. Whenever a dividend is approved, the company also announces ex-dividend and record date. These dates are important for investors as many stocks turn volatile because of dividend payout.

An ex-dividend date for a stock is usually set one business day before the record date. If an investor purchases a stock on its ex-dividend date or after, he will not receive the next dividend payment. Instead, the seller gets the dividend. An investor gets the dividend if he purchases before the ex-dividend date.

Here are companies that are expected to witness investor interest as they near the Ex-date for their recently announced dividends or bonus shares.