13 Dividend Stocks to Buy Before the Ex-Dividend Date

[MULTIZ321]

13 Dividend Stocks to Buy Before the Ex-Dividend Date
By Vita Nelson/ Great Speculations Contributor Group/ Forbes/ forbes.com

"Over the past few months, I've highlighted companies that have histories of raising their dividends year after year. Currently, there are more 300 companies that have raised their dividend for at least five straight years and offer company-sponsored DRIPs.

An impressive group of companies have recently declared a dividend increase, including ExxonMobil (XOM) (33 straight years), Johnson & Johnson JNJ -1.15% (JNJ) (53 years), International Business Machines (IBM) (20 years), and Procter & Gamble (PG) (59 years).

Two things can provide an extra boost to returns from dividend-stock investing: Owning companies that consistently raise their dividends, and buying additional shares just before the ex-dividend date.

Dividends provide a steady flow of cash that can be reinvested into more shares of stock and using company-sponsored direct investment or dividend reinvestment (DRIP) plans that automatically purchase more shares (and fractional ones) so that every penny of the payout is used to create a growing stake in underlying companies....."

Here's a sampling of candidates with long-term track records of paying consistently rising dividends that have ex-dividend dates coming up in the next several days and weeks.

Richard

 

[bluehende]

I have never been a fan of this strategy. All you are doing is getting a small portion of your capital back that now is taxable. Yes you can gain if they raise or announce a buyback, but that is risky. If one of these long time dividend growers does not increase it you could take a pretty good haircut. I like these type of stocks as an investment, but to be honest I would wait til after ER and make my decision with more info.

 

[frankf3]

Interesting.

But am I reading this wrong, or are those 2014 dates in the list?

 

[MULTIZ321]

Interesting.

But am I reading this wrong, or are those 2014 dates in the list?

Hi FrankF3,

Actually, I was not paying attention - the date of the article is June 1, 2015. So no you were not reading it wrong - the list dates are 2014.

My bad - I apologize.


Richard

 

[am1]

It should work in a non taxable account but for me I pay taxes on dividends and not capital gains so I am usually the opposite. Selling before and buying back after.