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X Factor: 5 Stocks Reaching Their Ex-Dividend Date on October 25

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QR Energy, NGL Energy Partners, and Unum Group are on the list.

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The Bank of New York Mellon Corporation (NYSE:BK) yields 2.13% annually and has a market cap of $28.60 billion. The global financial services company will pay a quarterly dividend of $0.13 on November 6, and its quarterly yield will be 0.53% based on yesterday's closing price of $24.47. The company has paid a quarterly dividend since the end of 1987.

Fastenal Company (NYSE:FAST) yields 1.90% annually and has a market cap of $13.07 billion. The global wholesaler and retailer of industrial and construction supplies will pay a quarterly dividend of $0.21 on November 26, and its quarterly yield will be 0.48% based on yesterday's closing price of $44.11. The company paid a dividend in 1988 and continued paying a dividend in 1991. In 2011, the company switched to a quarterly dividend.

These companies also have their ex-dividend date on October 25. All annual yields are estimated.

Marcus (NYSE:MCS) yields 3.06% annually and will pay a quarterly dividend of $0.085 on November 15.

National Western Life Insurance (NASDAQ:NWLI) yields 0.26% annually and will pay a quarterly dividend of $0.36 on December 3.

Optical Cable Corporation (NASDAQ:OCC) yields 1.36% annually and will pay a quarterly dividend of $0.015 on November 15.

Purchase -- and have your broker settle -- before the ex-dividend date to secure the dividend.

Twitter: @ChrisWitrak
No positions in stocks mentioned.
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