Ex-Dividend Stocks: American Express, JPMorgan
NEW YORK (TheStreet) -- The following stocks go ex-dividend Tuesday, meaning an investor must purchase the shares Monday to qualify for the next dividend payment: American Water Works(AWP) , American Express(AXP) , Erie Indemnity(ERIE) , JPMorgan Chase(JPM) and Sysco(SYY) .
American Water Works
The water and wastewater services company is scheduled to report second-quarter earnings on July 29. Analysts, on average, anticipate earnings of 49 cents a share on revenue of $707.49 million.
"We believe AWK is well positioned to capitalize on favorable industry dynamics such as significant infrastructure investment, stringent EPA water quality standards and the trend toward consolidation," Wells Fargo analysts wrote in a May 11 report. "Our Market Perform rating reflects valuation considerations and above-average execution risk."
Forward Annual Dividend Yield: 3%