Published on 9 Dec 2023 on Simply Wall St. via Yahoo Finance
Simmons First National Corporation (NASDAQ:SFNC) Passed Our Checks, And It's About To Pay A US$0.20...
Simmons First National Corporation (NASDAQ:SFNC) stock is about to trade ex-dividend in 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 of consequence because whenever a stock is bought or sold, the trade takes at least two business day to settle. Thus, you can purchase Simmons First National's shares before the 14th of December in order to receive the dividend, which the company will pay on the 2nd of January.
The company's next dividend payment will be US$0.20 per share, and in the last 12 months, the company paid a total of US$0.80 per share. Based on the last year's worth of payments, Simmons First National stock has a trailing yield of around 4.5% on the current share price of $17.79. Dividends are a major contributor to investment returns for long term holders, but only if the dividend continues to be paid. So we need to investigate whether Simmons First National can afford its dividend, and if the dividend could grow.
Check out our latest analysis for Simmons First National