6 Stocks Approaching Their Ex-Dividend Date On Friday – (MVC, COO, CODI, CVLY, CL, BCO)

 By: on Jul 19,2012 Posted in Dividend Ideas ,Investment Ideas
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The ex-dividend date is also recognized as the reinvestment date. It is an investment term used to find the timing of dividend payments on stocks of companies, income trusts, and other financial holdings, both publicly and privately held. Several publicly traded companies and a number of privately held ones, pay dividends to their investors. The question of who should be given this income becomes difficult, as these companies are constantly being traded and the composition of their shareholders changes each day.

In the United States, the Internal Revenue Service or IRS has given definition of the ex-dividend date as the first business day after the announcement of a dividend on which the buyer of a stock will not be able to receive the upcoming dividend payment. If a stock is being sold before the ex-dividend date, the selling party will pass on the benefit or dividend to the buying party.

MVC Capital, Inc (NYSE:MVC) maintains an annual dividend yield of 3.72% and a payout ratio of 336.72%. The stock over the last 52 weeks has been trading in a range of $10.02 – $13.71. Its market capitalization stands at $309.01 million. MVC is a Business Development Company specializing in private equity investments.

The Cooper Companies, Inc (NYSE:COO) engages in the provision of medical devices for healthcare professionals worldwide. The Cooper Companies, Inc has an annual dividend yield of 0.08% and keeps a payout ratio at 1.37%. The stock in the prior 52 weeks has been trading between $52.60 – $89.31. The company is valued at $3.71 billion.

Compass Diversified Holdings (NYSE:CODI) currently holds a yearly dividend yield of 9.82%. The stock has traded between $11.21 – $16.39 in the past 52 weeks and has a market capitalization of $708.08 million. CODI is a public investment firm specializing in acquiring controlling stakes in small to middle market companies.

Codorus Valley Bancorp, Inc (NASDAQ:CVLY) operates as the holding company for PeoplesBank that offers a range of business and consumer banking services in Pennsylvania and Maryland. Codorus Valley Bancorp, Inc has a dividend yield of 2.75%. The stock in the past 52 weeks has been floating in the range of $8.23 – $16.00. The company’s market capitalization stands at $67.40 million.

Colgate-Palmolive Company (NYSE:CL) has an annual dividend yield of 2.36%. The stock has traded between $78.62 and $106.06 in the last 12-months. Its market capitalization is now at $50.24 billion. CL together with its subsidiaries, manufactures and markets consumer products worldwide.

Brink’S Co (NYSE:BCO) together with its subsidiaries, engages in the provision of secure transportation, cash logistics, and other security-related services to banks. Brink’S Co’s annual dividend yield is positive at 1.69%. The stock in the previous 52 weeks has been hovering in range of $20.91 – $31.52. The company is worth $55.60 billion.

Disclosure: The views and opinions expressed in this article are exclusively those of the authors who have no stake in any stocks mentioned, and hold no plan to acquire any stake within the next 5 days.



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