Published on 26 Mar 2024 on Simply Wall St. via Yahoo Finance

Randstad N.V. (AMS:RAND) Is About To Go Ex-Dividend, And It Pays A 4.5% Yield

Randstad N.V. (AMS:RAND) is about to trade ex-dividend in the next couple of 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 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. Thus, you can purchase Randstad's shares before the 28th of March in order to receive the dividend, which the company will pay on the 4th of April.

The company's next dividend payment will be €2.28 per share, on the back of last year when the company paid a total of €2.28 to shareholders. Based on the last year's worth of payments, Randstad has a trailing yield of 4.5% on the current stock price of €51.02. If you buy this business for its dividend, you should have an idea of whether Randstad's dividend is reliable and sustainable. We need to see whether the dividend is covered by earnings and if it's growing.

Check out our latest analysis for Randstad