Published on 6 May 2023 on Simply Wall St. via Yahoo Finance
It looks like BankFinancial Corporation (NASDAQ:BFIN) is about to go ex-dividend in the next four 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. This means that investors who purchase BankFinancial's shares on or after the 11th of May will not receive the dividend, which will be paid on the 26th of May.
The company's next dividend payment will be US$0.10 per share, and in the last 12 months, the company paid a total of US$0.40 per share. Based on the last year's worth of payments, BankFinancial has a trailing yield of 5.2% on the current stock price of $7.645. Dividends are a major contributor to investment returns for long term holders, but only if the dividend continues to be paid. As a result, readers should always check whether BankFinancial has been able to grow its dividends, or if the dividend might be cut.
Check out our latest analysis for BankFinancial