Published on 6 Aug 2023 on Simply Wall St. via Yahoo Finance

AmerisourceBergen Corporation (NYSE:ABC) Passed Our Checks, And It's About To Pay A US$0.48 Dividend

Regular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see AmerisourceBergen Corporation (NYSE:ABC) is about to trade ex-dividend in the next 3 days. The ex-dividend date is usually set to be one business day before the record date which is the cut-off date on which you must be present on the company's books as a shareholder in order to receive the dividend. The ex-dividend date is an important date to be aware of as any purchase of the stock made on or after this date might mean a late settlement that doesn't show on the record date. Accordingly, AmerisourceBergen investors that purchase the stock on or after the 10th of August will not receive the dividend, which will be paid on the 28th of August.

The company's next dividend payment will be US$0.48 per share, on the back of last year when the company paid a total of US$1.94 to shareholders. Based on the last year's worth of payments, AmerisourceBergen has a trailing yield of 1.0% on the current stock price of $185.33. 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 check whether the dividend payments are covered, and if earnings are growing.

View our latest analysis for AmerisourceBergen