Stocks Going Ex Dividend in June 2021

The following is a short list of some of the many stocks going ex dividend during the next month.

Many traders and investors use the stock trading technique called ‘Buying Dividends,’ also commonly referred to as ‘Dividend Capture.’ This is the strategy of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend.

This technique generally works in bull markets and flat or choppy markets, but you need to avoid the strategy during bear markets. In order to be entitled to the dividend, you have to buy the stock before the ex-dividend date, and you can’t sell the stock until after the ex date.

The actual dividend may not be paid for another few weeks. WallStreetNewsNetwork.com has compiled a downloadable and sortable list of the stocks going ex dividend in the near future. The list contains many dividend paying companies, lots with market caps over $500 million, and some with yields over 2%. Here are a few examples showing the stock symbol, the ex-dividend date, the periodic dividend amount.

HP Inc. (HPQ) 6/8/2021 0.194 2.60%
MGM Resorts International (MGM) 6/9/2021 0.002 0.02%
Merck & Company, Inc. (MRK) 6/14/2021 0.65 3.43%
Best Buy Co., Inc. (BBY) 6/16/2021 0.70 2.37%
Dillard’s, Inc. (DDS) 6/29/2021 0.15 0.44%
Keurig Dr Pepper Inc. (KDP) 6/30/2021 0.188 2.02%

The additional ex-dividend stocks can be found HERE . (If you have been to the page before, and the latest link doesn’t show up, you may have to empty your cache.) If you like dividend stocks, you should check out some of the other high yield stock lists at WSTNN.com HERE .

Dividend definitions:

Declaration date: the day that the company declares that there is going to be an upcoming dividend.

Ex-dividend date: the day on which if you buy the stock, you would not be entitled to that particular dividend; or the first day on which a shareholder can sell the shares and still be entitled to the dividend.

Record date: the day when you must be on the company’s books as a shareholder to receive the dividend. The ex-dividend date is normally set for stocks at two business days before the record date.

Payment date: the day on which the dividend payment is actually made, which can be as long at two months after the ex date.

Don’t forget to reconfirm the ex-dividend date with the company before implementing this technique.

Disclosure: Author did not own any of the above at the time the article was written; affiliate links are on this page.

AMC Doubled Today: What About the Other Movie Theater Stocks?

by Fred Fuld III

In case you missed it, the stock price of AMC Entertainment (AMC), the company that owns the chain of movie theaters, doubled today.  Well, OK, it was up only 95.22%, but it is up another 5.20% in after market trading, as I am writing this.

AMC chart

To think that you could have both AMC for $2 a share back in January, and now it is over $62.

Of course, AMC is one of the “stonks”, a stock that has a large group of traders buying the stock to take advantage of the fact that the stock is heavily shorted, creating a major short squeeze. So the substantial increase today has nothing to do with the company’s earnings, revenues, or anything else.

However, it does point out the fact that the number of American’s that have been vaccinated has been on the rise and the COVID-19 infection rate is dropping. It also means that people are more willing to get out and go to a movie theater. Especially a nice air conditioned theater during the hot summer.

Cinemark Holdings Inc. (CNK), based in Plano, Texas, operates over 500 theaters. It has a market cap of $3 billion, and is generating negative earnings. It does not pay a dividend.

The Marcus Corporation (MCS) owns theaters in 17 states with the brands Marcus Theatres, Movie Tavern by Marcus, and BistroPlex. Earnings are currently negative. It has a market cap of $710 million.

Cineworld Group PLC ( CNNWF) is a UK based company that operates such theater chains as Regal, United Artists, Edwards theatres, Cineworld, and Picturehouse. Earnings are currently negative. The market cap is $1.8 billion.

IMAX Corporation (IMAX) offers theater software and equipment to theaters. Earnings are currently negative. The stock trades at 25.7 time forward earnings, and does not pay a dividend. IMAX has a market cap of $1.3 billion.

Let’s see if any of these stocks become blockbusters.

Disclosure: Author didn’t own any of the above at the time the article was written.