6 Stocks Ready To Go Ex-Dividend On September 11, 2012 – (TROW, PWOD, POL, NTLS, MRVL, MPW)

A company that provides shareholders a dividend on its stock needs a way to find out who will be entitled to receive the most recent dividend payment. Th role of the ex-dividend date (i.e. without dividend date) starts from there. A stockholder is required to own a stock ahead of the ex-dividend date until the date of record (typically two business days later) to be entitled to receive the upcoming dividend payment.

The dividend will eventually be paid on the appropriately named dividend payment date (normally takes three weeks following the ex-dividend date). According to Investopedia, a stock trades ex-dividend on or after the ex-dividend date (ex-date). At this point the person who owns the security on the ex-dividend date will be awarded the payment, regardless of who currently holds the stock. After the ex-date has been declared, the stock will usually drop in price by the amount of the expected dividend.

T. Rowe Price Group, Inc (NASDAQ:TROW) currently holds a yearly dividend yield of 2.15%. The stock has traded between $44.68 – $66.00 in the past 52 weeks and has a market capitalization of $16.09 billion. TROW s a publicly owned asset management holding company.

Penns Woods Bancorp, Inc (NASDAQ:PWOD) operates as the holding company for Jersey Shore State Bank that provides commercial and retail banking services to individuals, partnerships, non-profit organizations, and corporations in Pennsylvania. Penns Woods Bancorp, Inc has a dividend yield of 4.65%. The stock in the past 52 weeks has been floating in the range of $31.00 – $42.00. The company’s market capitalization stands at $155.24 million.

PolyOne Corporation (NYSE:POL) has an annual dividend yield of 1.25%. The stock has traded between $9.54 and $16.32 in the last 12-months. Its market capitalization is now at $1.41 billion. POL provides specialized polymer materials, services, and solutions with operations in specialty polymer formulations, color and additive systems, polymer distribution, and specialty vinyl resins.

NTELOS Holdings Corp (NASDAQ:NTLS) maintains an annual dividend yield of 9.66% and a payout ratio of 159.16%. The stock over the last 52 weeks has been trading in a range of $15.18 – $28.00. Its market capitalization stands at $363.26 million. NTLS through its subsidiaries, provides wireless communications services to consumers and businesses primarily in Virginia and West Virginia, as well as parts of Maryland, North Carolina, Pennsylvania, Ohio, and Kentucky.

Marvell Technology Group Ltd (NASDAQ:MRVL) designs, develops, and markets analog, mixed-signal, digital signal processing, and embedded and standalone ARM-based microprocessor integrated circuits. Marvell Technology Group Ltd has an annual dividend yield of 2.29% and keeps a payout ratio at 14.59%. The stock in the prior 52 weeks has been trading between $9.98 – $16.86. The company is valued at $5.85 billion.

Medical Properties Trust, Inc (NYSE:MPW) operates as a real estate investment trust (REIT) in the United States. Medical Properties Trust, Inc’s annual dividend yield is positive at 7.44%. The stock in the previous 52 weeks has been hovering in range of $8.17 – $10.83. The company is worth $1.46 billion.

 Disclosure: Opinions expressed in this article are those of the authors alone who have no stake in any stocks mentioned, and did not plan to acquire any stake within the next 72 hours.