Ex-dividend dates are very important to dividend investors, since you must purchase a stock prior to its ex-dividend date in order to receive its upcoming dividend payout. For more information, check out Everything Investors Need to Know About Ex-Dividend Dates.
Below we highlight eight big-name stocks going ex-dividend on Tuesday, July 1.
1. Erie Indemnity
Erie Indemnity (ERIE
) offers a dividend yield of 3.42% based on Friday’s closing price of $74.21 and the company's quarterly dividend payout of 63.5 cents. The stock is up 2.6%year-to-date. Dividend.com currently rates Erie as “Neutral” with a DARS™ rating of 3,4 stars out of 5 stars.
2. JPMorgan Chase
JPMorgan Chase (JPM) offers a dividend yield of 2.78% based on Friday’s closing price of $57.53 and the company's quarterly dividend payout of 40 cents. The stock is down 1.17% year-to-date. Dividend.com currently rates JPM as “Neutral” with a DARS™ rating of 3.4 stars out of 5 stars.
3. General Dynamics Corporation
General Dynamics Corporation (GD
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