Published on 4 Aug 2023 on Simply Wall St. via Yahoo Finance

FS Bancorp, Inc. (NASDAQ:FSBW) Looks Like A Good Stock, And It's Going Ex-Dividend Soon

FS Bancorp, Inc. (NASDAQ:FSBW) is about to trade ex-dividend in the next 4 days. 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 important because any transaction on a stock needs to have been settled before the record date in order to be eligible for a dividend. Accordingly, FS Bancorp investors that purchase the stock on or after the 9th of August will not receive the dividend, which will be paid on the 24th of August.

The company's next dividend payment will be US$0.25 per share, on the back of last year when the company paid a total of US$1.00 to shareholders. Looking at the last 12 months of distributions, FS Bancorp has a trailing yield of approximately 3.1% on its current stock price of $31.97. We love seeing companies pay a dividend, but it's also important to be sure that laying the golden eggs isn't going to kill our golden goose! So we need to investigate whether FS Bancorp can afford its dividend, and if the dividend could grow.

Check out our latest analysis for FS Bancorp