Published on 10 Sep 2023 on Simply Wall St. via Yahoo Finance

It Might Not Be A Great Idea To Buy National Research Corporation (NASDAQ:NRC) For Its Next Dividend

It looks like National Research Corporation (NASDAQ:NRC) is about to go ex-dividend in the next 4 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. 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. This means that investors who purchase National Research's shares on or after the 15th of September will not receive the dividend, which will be paid on the 22nd of September.

The upcoming dividend for National Research will put a total of US$1.00 per share in shareholders' pockets, up from last year's total dividends of US$0.48. Dividends are an important source of income to many shareholders, but the health of the business is crucial to maintaining those dividends. So we need to investigate whether National Research can afford its dividend, and if the dividend could grow.

View our latest analysis for National Research