Ex-Dividend Alert: Sunoco, Lamb Weston, and Oil-Dri Set to Trade Ex-Dividend on May 8

Sunoco LP, Lamb Weston Holdings Inc, and Oil-Dri Corp. of America are scheduled to trade ex-dividend on 5/8/26, making that date the key cutoff for investors seeking each company's next cash distribution. The ex-dividend date determines whether a buyer is entitled to the upcoming dividend: investors generally must own the shares before the ex-dividend date to receive the declared payment.

For the upcoming distributions, Sunoco LP (NYSE:SUNC) is set to pay a quarterly dividend of $0.9899 on 5/20/26, Lamb Weston Holdings Inc (NYSE:LW) is set to pay $0.38 per share on 6/5/26, and Oil-Dri Corp. of America (NYSE:ODC) is set to pay $0.205 per share on 5/22/26.

Upcoming Ex-Dividend Dates and Payouts

• Sunoco LP (NYSE:SUNC): Ex-dividend date 5/8/26; dividend $0.9899; payable 5/20/26
• Lamb Weston Holdings Inc (NYSE:LW): Ex-dividend date 5/8/26; dividend $0.38; payable 6/5/26
• Oil-Dri Corp. of America (NYSE:ODC): Ex-dividend date 5/8/26; dividend $0.205; payable 5/22/26

Expected Price Adjustment on the Ex-Dividend Date

On the ex-dividend date, a stock or partnership unit often opens lower by roughly the amount of the dividend, all else being equal. The adjustment reflects the fact that new buyers are no longer entitled to the upcoming payment. Actual trading can differ from the theoretical adjustment because broader market conditions, earnings expectations, sector moves, and liquidity can all outweigh the dividend effect in any single session.

Based on SUNC's recent price of $66.49, its $0.9899 distribution represents approximately 1.49% of the unit price. By the same approach, LW's $0.38 dividend implies a roughly 0.89% adjustment, while ODC's $0.205 dividend implies an adjustment of about 0.27%.

What the Annualized Yield Looks Like

If the latest regular payout rate were maintained for a full year, the implied annualized yields would be approximately:

• SUNC: 5.96%
• LW: 3.55%
• ODC: 1.09%

Annualized yield is a useful snapshot, but it is only a starting point. The sustainability of that yield depends on factors such as cash flow generation, balance-sheet flexibility, capital spending needs, earnings cyclicality, and management's capital allocation priorities.

Dividend History and Payout Profile

Dividend history helps frame whether a payout appears stable, expanding, or more sensitive to business conditions. That context matters because a headline yield can be less informative than the pattern behind it.

• Sunoco LP: Investors often focus on distribution coverage and cash flow durability, given the partnership structure and the importance of operating performance in fuel distribution and related energy infrastructure activities.
• Lamb Weston: The dividend record shown below indicates a pattern of growth over time, which can be relevant when evaluating the company's pricing power, cash generation, and resilience across food demand cycles.
• Oil-Dri: The long dividend history suggests a gradual upward trajectory, offering useful context for assessing payout consistency alongside the company's niche industrial and consumer product exposure.

Below are dividend history charts for SUNC, LW, and ODC, showing historical dividends prior to the most recent declarations.

Sunoco LP (NYSE:SUNC):

Lamb Weston Holdings Inc (NYSE:LW):

Oil-Dri Corp. of America (NYSE:ODC):

Key Takeaways for Dividend Investors

The immediate focus is the 5/8/26 ex-dividend date for all three names, but the more important analytical question is how each payout fits within the issuer's broader financial profile.

• SUNC offers the highest current annualized yield of the group, which typically brings greater scrutiny to coverage and distribution durability.
• LW combines a moderate yield with a dividend history that appears to have stepped higher over time.
• ODC offers the lowest yield among the three, but its long record of dividends may be relevant for investors emphasizing continuity and gradual growth.

In Wednesday trading, Sunoco LP shares are down about 2%, Lamb Weston shares are up about 0.8%, and Oil-Dri shares are up about 0.7% on the day.

For a wider view of dividend stocks, review Dividend Growth Stocks: 25 Aristocrats and compare the current list with the stock highlighted above.