Stocks Going Ex-Dividend on Wednesday, July 9 (KRFT, YUM, 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 six big-name stocks going ex-dividend on Wednesday, July 9.

1. Kraft Foods Group, Inc.

Kraft Foods Group, Inc. (KRFT) offers a dividend yield of 3.46% based on Monday’s closing price of $60.63 and the company's quarterly dividend payout of 52.5 cents. The stock is up 12.84% year-to-date. Dividend.com currently rates KRFT as “Recommended” with a DARS™ rating of 3.5 stars out of 5 stars.

2. Yum Brands

Yum Brands (YUM