Published on 24 Feb 2024 on Simply Wall St. via Yahoo Finance

Berry Global Group, Inc. (NYSE:BERY) Looks Interesting, And It's About To Pay A Dividend

Berry Global Group, Inc. (NYSE:BERY) is about to trade ex-dividend in the next four days. The ex-dividend date is one business day before a company's record date, which is the date on which the company determines which shareholders are entitled to receive a dividend. It is important to be aware of the ex-dividend date because any trade on the stock needs to have been settled on or before the record date. In other words, investors can purchase Berry Global Group's shares before the 29th of February in order to be eligible for the dividend, which will be paid on the 15th of March.

The company's next dividend payment will be US$0.275 per share, on the back of last year when the company paid a total of US$1.10 to shareholders. Last year's total dividend payments show that Berry Global Group has a trailing yield of 1.8% on the current share price of US$59.75. If you buy this business for its dividend, you should have an idea of whether Berry Global Group's dividend is reliable and sustainable. As a result, readers should always check whether Berry Global Group has been able to grow its dividends, or if the dividend might be cut.

View our latest analysis for Berry Global Group