Stocks Going Ex Dividend in May of 2024

The following is a short list of some of the many stocks going ex-dividend during the next month, which can be helpful for traders and investors interested in the stock trading technique known as “Buying Dividends” or “Dividend Capture.” This strategy involves purchasing stocks before the ex dividend date and selling them shortly after the ex-date at a similar price, while still being eligible to receive the dividend payment.

Although this technique generally proves effective in bull markets and flat or choppy markets, it is advisable to exercise caution and consider avoiding this strategy during bear markets. To qualify for the dividend, it is necessary to buy the stock before the ex-dividend date and refrain from selling it until on or after the ex-date.

However, it is important to note that the actual dividend may not be paid for several weeks, as the payment date can be delayed by up to two months after the ex-date.

For investors seeking a comprehensive list of stocks going ex-dividend in the near future, WallStreetNewsNetwork.com has compiled a downloadable list containing numerous dividend-paying companies. Here are a few examples showcasing the stock symbol, ex-dividend date, periodic dividend amount, and annual yield.

Citigroup, Inc. (C)5/3/20240.533.43%
Walmart Inc. (WMT)5/9/20240.20751.38%
Target Corporation (TGT)5/14/20241.102.68%
Microsoft Corporation (MSFT)5/15/20240.750.75%
Johnson & Johnson (JNJ)5/20/20241.243.38%
Discover Financial Services (DFS)5/22/20240.702.23%
T-Mobile US, Inc. (TMUS)5/31/20240.651.58%

To access the entire list of over 100 ex-dividend stocks, subscribers will receive an email in the next couple days with the full list. If you are not already a subscriber, you can sign up using the provided signup box below. Don’t miss out on this valuable information, and the best part is that it’s free!

Dividend Definitions

To better understand the dividend-related terms, let’s define them:

Declaration date: This refers to the day when a company announces its intention to distribute a dividend in the future.
Ex-dividend date: On this day, if you purchase the stock, you would not be eligible to receive the upcoming dividend. It is also the first day on which a shareholder can sell their shares and still receive the dividend.
Record date: This marks the day when you must be recorded on the company’s books as a shareholder to qualify for the dividend. Typically, the ex-dividend date is set two business days prior to the record date.
Payment date: This is the day on which the dividend payment is actually made to the eligible shareholders. It’s important to note that the payment date can be as long as two months after the ex-date.

Before implementing the “Buying Dividends” technique, it is crucial to reconfirm the ex-dividend date with the respective company to ensure accuracy and avoid any unexpected changes.

In conclusion, being aware of the stocks going ex-dividend can be advantageous for traders and investors employing the “Buying Dividends” strategy. WallStreetNewsNetwork.com provides a convenient resource to access a comprehensive list of such stocks, allowing individuals to plan their investment decisions effectively. Remember to stay informed and consider market conditions before employing any investment strategy.

Disclosure: Author did not own any of the above at the time the article was written.

Top Cell Tower Stocks

by Fred Fuld III

You may have seen an ad on TV recently from one of the major telephone companies, bragging about how they DON’T own cell towers in order to provide the consumers with lower costs and better service.

So what’s that all about?

Are there investment opportunities in the cell tower industry?

The cell tower industry, often referred to as the wireless infrastructure sector, plays a crucial role in enabling our ever-expanding mobile connectivity. It’s the backbone of the cellular networks that keep us connected on our phones, tablets, and laptops, providing the physical foundation for calls, texts, data transmission, and even emerging technologies like 5G.

At the core of the industry are the tower companies, who own and operate the physical cell towers. These companies lease space on their towers to mobile network operators [MNOs] like Verizon (VZ), AT&T (T), and T-Mobile (TMUS), who then install their own equipment to broadcast their signals. This allows MNOs to provide coverage to their subscribers in various locations, from bustling cities to remote rural areas.

The cell tower industry is a multi-billion dollar sector, driven by the ever-increasing demand for mobile data. As more and more devices connect to the internet, and as we rely on our phones for more aspects of our lives, the need for reliable and widespread coverage grows. This, in turn, fuels the demand for more cell towers and infrastructure upgrades.

The industry is also constantly evolving, with the deployment of 5G technology being a major driver of change. 5G requires a denser network of cell towers and small cell installations to deliver its promised ultra-fast speeds and low latency. This is opening up new opportunities for tower companies and creating fresh challenges in terms of network planning and deployment.

The cell tower industry is a vital but often unseen sector that underpins our mobile world. As our reliance on mobile technology continues to grow, the industry is sure to play an even more critical role in ensuring that we stay connected, informed, and entertained.

American Tower Corporation (AMT) is the largest real estate investment trust focused on owning, operating, and leasing wireless communications infrastructure. 

Imagine a silent landlord for the cell towers that keep your phone buzzing – that’s ATC in a nutshell. They own and operate a whopping 225,000 communications sites across a staggering 25 countries, making them the world’s biggest independent owner of these crucial towers.

American Tower Corporation’s role in the cell tower industry is crucial, as it provides the backbone infrastructure that supports wireless communication, enabling people around the world to stay connected and access mobile services. With its strong market position, global presence, and focus on emerging technologies, ATC continues to play a significant role in shaping the future of wireless communication networks.

The stock, with a market cap of $95.5 billion, trades at 136 times trailing earnings and 44 times forward earnings. It pays an annual dividend yield of 3.33%.

Crown Castle International (CCI) stands tall as a Real Estate Investment Trust (REIT) in the realm of wireless infrastructure, boasting a crown jewel portfolio of over 40,000 cell towers, 115,000 small cell nodes, and an impressive 85,000 route miles of fiber – blanketing major US markets. From a strictly investment perspective, let’s delve into the kingdom of CCI and assess its potential for your portfolio.

A Moated Stronghold: Crown Castle’s moat lies in its dominant market position. As the largest tower operator in the US, they wield significant bargaining power with mobile network operators (MNOs) like Verizon, AT&T, and T-Mobile. These MNOs are constantly vying for space on CCI’s towers to cater to the insatiable demand for mobile data, leading to stable and predictable long-term lease agreements for Crown Castle. This translates to consistent rental income for investors, a cornerstone of REIT appeal.

Golden Growth Prospects: The ascent of 5G paints a golden picture for CCI’s future. This next-generation wireless technology requires a denser network of smaller cell installations – an arena where Crown Castle is rapidly expanding. Their strategic acquisitions of fiber assets and small cell providers position them to capitalize on this multi-billion dollar opportunity, potentially fueling dividend growth for investors in the years to come.

The stock, which has a market cap of $47.1 billion, has a trailing price to earnings ratio of 30 and a forward P/E of 31. The company pays a generous yield of 5.8%.

There are a few other smaller players in the cell tower arena, such as SBA Communications (SBAC), with a market cap of $25 billion.

However, if you want diversification, you might want to consider a cell tower ETF.

Pacer Benchmark Data & Infrastructure Real Estate SCTR ETF (SRVR) yields 3.68%.

Defiance 5G Next Gen Connectivity ETF (FIVG) has a yield of 1.4%.

Just remember, the dominant position, predictable income, and growth potential in the 5G era offer a compelling proposition. However, navigating the regulatory landscape and the ever-evolving telecom market requires a keen eye and a well-balanced portfolio.

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