Published on 26 May 2024 on Simply Wall St. via Yahoo Finance

Income Investors Should Know That DuPont de Nemours, Inc. (NYSE:DD) Goes Ex-Dividend Soon

Readers hoping to buy DuPont de Nemours, Inc. (NYSE:DD) for its dividend will need to make their move shortly, as the stock is about to trade ex-dividend. Typically, the ex-dividend date is one business day before the record date which is the date on which a company determines the shareholders eligible to receive a dividend. The ex-dividend date is an important date to be aware of as any purchase of the stock made on or after this date might mean a late settlement that doesn't show on the record date. Meaning, you will need to purchase DuPont de Nemours' shares before the 31st of May to receive the dividend, which will be paid on the 17th of June.

The company's next dividend payment will be US$0.38 per share, on the back of last year when the company paid a total of US$1.52 to shareholders. Based on the last year's worth of payments, DuPont de Nemours has a trailing yield of 1.9% on the current stock price of US$81.12. If you buy this business for its dividend, you should have an idea of whether DuPont de Nemours's dividend is reliable and sustainable. That's why we should always check whether the dividend payments appear sustainable, and if the company is growing.