Stocks Going Ex-Dividend on Thursday, December 12 (RAI, TROW, DPS, More)

Ex-dividend dates are very important to dividend investors, since you must purchase a stock prior to its ex-dividend date in order to receive its upcoming dividend payout. For more information, check out Everything Investors Need to Know About Ex-Dividend Dates

Below we highlight 8 big-name stocks going ex-dividend on December 12.

1. Reynolds American

Reynolds American (RAI) offers a dividend yield of 4.96% based on Tuesday’s closing price of $50.81 and the company's quarterly dividend payout of 63 cents. The stock is up 18.49%  year-to-date. Dividend.com currently rates RAI as “Recommended” with a DARS™ rating of 3.5 stars out of 5 stars.

2. T. Rowe Price

T. Rowe Price (TROW) offers a dividend yield of 1.91% based on Tuesday’s closing price of $79.52 and the company's quarterly dividend payout of 38 cents. The stock is up 18.72% year-to-date. Dividend.com currently rates TROW as “Neutral” with a DARS™ rating of 3.4 stars out of 5 stars.

3. Dr. Pepper Snapple Group

Dr. Pepper Snapple Group (DPS) offers a dividend yield of 3.14% based on Tuesday’s closing price of $48.39 and the company's quarterly dividend payout of 38 cents. The stock is up 6.12% year-to-date. Dividend.com currently rates DPS as “Neutral” with a DARS™ rating of 3.4 stars out of 5 stars.

4. Johnson Controls

Johnson Cont