Large-Cap Stocks Going Ex-Dividend Next Week-2020-01-06
By: Ned Piplovic,
Income investors seeking equities to buy right now should consider one of more than two-dozen large-cap stocks going ex-dividend next week.
Several characteristics make large-cap stocks desirable as core portfolio building blocks. Generally stocks of older and established companies, these equities typically offer a high degree of operational and financial transparency. This transparency allows investors easy access to information for stock analysis and evaluation.
As established companies with businesses that generate relatively reliable results, these companies can establish set dividend policies that have specific payout and growth commitments over the long term. Furthermore, as large and established companies, many of the large-cap companies generally have a portfolio of diversified businesses. This strategy allows these companies to take advantage of market growth across several sectors and weather downturns in one of the several markets in which the companies operate.
Sorted in ascending order by dividend yield and for investor’s immediate consideration, below are 19 stocks with market capitalizations of more than $10 billion that go ex-dividend next week. Therefore, interested investors who are looking to take advantage of the upcoming dividend distributions should not delay their own analysis and due diligence.
While the equities below might deliver lower growth during bull markets, these stocks will also generally offer better protection in bear markets. The market capitalizations range between $12.8 billion for Freeport-McMoRan, Inc. (NYSE:FCX) to the high of almost $210 billion for Accenture plc (NYSE:ACN). The average capitalization of the entire group is nearly $124 billion.
The dividend yields range from 0.29% (PerkinElmer, Inc., NYSE:PKI) to 5.32% (AbbVie, Inc., NYSE:ABBV), with a 2.04% simple average yield. The yields of the top 10 companies exceed 1.35% and average 2.44%. Three have not increased their dividend distribution in the trailing 12 months. The remaining 10 equities boosted their annual dividend payout between one and 10 consecutive years (IDEX Corporation, NYSE:IEX) for an average annual dividend boost streak of more than five years.
Sorted in ascending order by their current dividend yield below are the 13 large-cap stocks that are going ex-dividend next week.
Large-Cap Stocks Going Ex-Dividend Next Week: #13
PerkinElmer, Inc. (NYSE:PKI)
Dividend Yield: 0.29%
Ex-Dividend Date: January 16, 2020
Pay Date: February 07, 2020
Market Cap: $10.78 Billion
Sector: Health Care
First Dividend: 1965
Consecutive Annual Hikes: 0 years
December 24, 2019 Closing Price: $96.99
Total Return (1Y, 3Y, 5Y): 25.51%, 87.1%, 123%
Large-Cap Stocks Going Ex-Dividend Next Week: #12
Zoetis, Inc. (NYSE:ZTS)
Dividend Yield: 0.60%
Ex-Dividend Date: January 16, 2020
Pay Date: March 03, 2020
Market Cap: $63.90 Billion
Sector: Health Care
First Dividend: 2013
Consecutive Annual Hikes: 6 years
December 24, 2019 Closing Price: $134.16
Total Return (1Y, 3Y, 5Y): 87.32%, 57.5%, 150%
Large-Cap Stocks Going Ex-Dividend Next Week: #11
IDEX Corporation (NYSE:IEX)
Dividend Yield: 1.16%
Ex-Dividend Date: January 14, 2020
Pay Date: January 30, 2020
Market Cap: $13.14 Billion
Sector: Industrials
First Dividend: 1995
Consecutive Annual Hikes: 10 years
December 24, 2019 Closing Price: $172.76
Total Return (1Y, 3Y, 5Y): 93.95%, 40.8%, 98%
Large-Cap Stocks Going Ex-Dividend Next Week: #10
EOG Resources, Inc. (NYSE:EOG)
Dividend Yield: 1.35%
Ex-Dividend Date: January 16, 2020
Pay Date: January 31, 2020
Market Cap: $49.44 Billion
Sector: Energy
First Dividend: 1990
Consecutive Annual Hikes: 2 years
December 24, 2019 Closing Price: $84.99
Total Return (1Y, 3Y, 5Y): 86.16%, -4.4%, -16%
Large-Cap Stocks Going Ex-Dividend Next Week: #9
Accenture plc (NYSE:ACN)
Dividend Yield: 1.53%
Ex-Dividend Date: January 15, 2020
Pay Date: February 14, 2020
Market Cap: $137.83 Billion
Sector: Industrials
First Dividend: 2005
Consecutive Annual Hikes: 0 years
December 24, 2019 Closing Price: $209.80
Total Return (1Y, 3Y, 5Y): 73.66%, 52.8%, 87%
Large-Cap Stocks Going Ex-Dividend Next Week: #8
Freeport-McMoRan, Inc. (NYSE:FCX)
Dividend Yield: 1.56%
Ex-Dividend Date: January 14, 2020
Pay Date: February 03, 2020
Market Cap: $18.57 Billion
Sector: Materials
First Dividend: 1994
Consecutive Annual Hikes: 1 years
December 24, 2019 Closing Price: $12.80
Total Return (1Y, 3Y, 5Y): 72.47%, 26.7%, 2%
Large-Cap Stocks Going Ex-Dividend Next Week: #7
Abbott Laboratories (NYSE:ABT)
Dividend Yield: 1.68%
Ex-Dividend Date: January 14, 2020
Pay Date: February 14, 2020
Market Cap: $151.89 Billion
Sector: Health Care
First Dividend: 1926
Consecutive Annual Hikes: 6 years
December 24, 2019 Closing Price: $85.89
Total Return (1Y, 3Y, 5Y): 74.59%, 24.4%, 136%
Large-Cap Stocks Going Ex-Dividend Next Week: #6
Quest Diagnostics, Inc. (NYSE:DGX)
Dividend Yield: 2.02%
Ex-Dividend Date: January 13, 2020
Pay Date: January 29, 2020
Market Cap: $14.16 Billion
Sector: Health Care
First Dividend: 2004
Consecutive Annual Hikes: 8 years
December 24, 2019 Closing Price: $105.11
Total Return (1Y, 3Y, 5Y): 87.62%, 32.9%, 22%
Large-Cap Stocks Going Ex-Dividend Next Week: #5
General Dynamics Corporation (NYSE:GD)
Dividend Yield: 2.26%
Ex-Dividend Date: January 16, 2020
Pay Date: February 07, 2020
Market Cap: $52.13 Billion
Sector: Industrials
First Dividend: 1979
Consecutive Annual Hikes: 6 years
December 24, 2019 Closing Price: $180.18
Total Return (1Y, 3Y, 5Y): 83.33%, 16.6%, 9%
Large-Cap Stocks Going Ex-Dividend Next Week: #4
Caterpillar Inc. (NYSE:CAT)
Dividend Yield: 2.78%
Ex-Dividend Date: January 17, 2020
Pay Date: February 20, 2020
Market Cap: $82.04 Billion
Sector: Industrials
First Dividend: 1914
Consecutive Annual Hikes: 6 years
December 24, 2019 Closing Price: $148.44
Total Return (1Y, 3Y, 5Y): 60.12%, 21.3%, 71%
Large-Cap Stocks Going Ex-Dividend Next Week: #3
The PNC Financial Services Group (NYSE:PNC)
Dividend Yield: 2.90%
Ex-Dividend Date: January 16, 2020
Pay Date: February 05, 2020
Market Cap: $69.59 Billion
Sector: Financials
First Dividend: 1865
Consecutive Annual Hikes: 9 years
December 24, 2019 Closing Price: $158.83
Total Return (1Y, 3Y, 5Y): 74.22%, 42.3%, 46%
Large-Cap Stocks Going Ex-Dividend Next Week: #2
Mid-America Apartment Communities, Inc. (NYSE:MAA)
Dividend Yield: 3.05%
Ex-Dividend Date: January 14, 2020
Pay Date: January 31, 2020
Market Cap: $14.95 Billion
Sector: Financials
First Dividend: 1994
Consecutive Annual Hikes: 9 years
December 24, 2019 Closing Price: $131.07
Total Return (1Y, 3Y, 5Y): 93.00%, 42.4%, 46%
Large-Cap Stocks Going Ex-Dividend Next Week: #1
AbbVie, Inc. (NYSE:ABBV)
Dividend Yield: 5.32%
Ex-Dividend Date: January 14, 2020
Pay Date: February 14, 2020
Market Cap: $131.17 Billion
Sector: Health Care
First Dividend: 2013
Consecutive Annual Hikes: 6 years
December 24, 2019 Closing Price: $88.70
Total Return (1Y, 3Y, 5Y): 62.85%, 3.1%, 60%
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