Stocks Going Ex-Dividend on Thursday, May 29 (LMT, NKE, MCD, 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 10 big-name stocks going ex-dividend on Thursday, May 29.

1. Lockheed Martin

Lockheed Martin (LMT) offers a dividend yield of 3.3% based on Tuesday’s closing price of $162.95 and the company's quarterly dividend payout of $1.33. The stock is up 11.56% year-to-date. Dividend.com currently rates LMT as “Recommended” with a DARS™ rating of 3.5 stars out of 5 stars.

2. Hillshire Brands Co.

Hillshire Brands Co. (HSH) offers a dividend yield of 1.9% based on Tuesday’s closing price of $45.19 and the company's quarterly dividend payout of 17.5 cents. The stock is up 35.38% year-to-date. Dividend.com currently rates HSH as “Neutral” with a DARS™ rating of 3.4 stars out of 5 stars.

3. Kellogg Co.

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Kellogg Co. (K) offers a dividend yield of 2.7% based on Tuesday’s closing price of $67.98 and the company's quarterly dividend payout of 46 cents. The stock is up 11.79% year-to-date. Dividend.com currently rates K as “Neutral” with a DARS™ rating of 3.4 stars out of 5 stars.

4. Torchmark Corp

Torchmark Corp (TMK) offers a dividend yield of 0.9% based on Tuesday’s closing price of $81.30 and the company's quarterly dividend payout of 12.67 cents. The stock is up 5% year-to-date. Dividend.com currently rates TMK as “Neutral” with a DARS™ rating of 3.4 stars out of 5 stars.

5. Sotheby’s

Sotheby’s (BID) offers a dividend yield of 1% based on Tuesday’s closing price of $39.44 and the company's quarterly dividend payout of 10 cents. The stock is down 25.67% year-to-date. Dividend.com curren