Stocks Going Ex-Dividend on Wednesday, May 7 (PFE, WMT, BA, 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 are eight stocks going ex-dividend on Wednesday, May 7.

1. Pfizer

Pfizer Inc. (PFE) offers a dividend yield of 3.47% based on Monday's closing price of $29.96 and the company's quarterly dividend payout of 26 cents. The stock is down 2% year-to-date. Dividend.com currently rates PFE as “Recommended” with a DARS™ rating of 3.5 stars out of 5 stars.

2. Wal-Mart

Wal-Mart Stores, Inc. (