Published on 9 May 2024 on Simply Wall St. via Yahoo Finance

We Wouldn't Be Too Quick To Buy The Carlyle Group Inc. (NASDAQ:CG) Before It Goes Ex-Dividend

Regular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see The Carlyle Group Inc. (NASDAQ:CG) is about to trade ex-dividend in the next 3 days. The ex-dividend date is one business day before the record date, which is the cut-off date for shareholders to be present on the company's books to be eligible for a dividend payment. The ex-dividend date is important as the process of settlement involves two full business days. So if you miss that date, you would not show up on the company's books on the record date. In other words, investors can purchase Carlyle Group's shares before the 13th of May in order to be eligible for the dividend, which will be paid on the 21st of May.

The company's next dividend payment will be US$0.35 per share. Last year, in total, the company distributed US$1.40 to shareholders. Last year's total dividend payments show that Carlyle Group has a trailing yield of 3.4% on the current share price of US$41.48. Dividends are a major contributor to investment returns for long term holders, but only if the dividend continues to be paid. That's why we should always check whether the dividend payments appear sustainable, and if the company is growing.