Published on 14 Jan 2024 on Simply Wall St. via Yahoo Finance

Do These 3 Checks Before Buying JDE Peet's N.V. (AMS:JDEP) For Its Upcoming Dividend

Readers hoping to buy JDE Peet's N.V. (AMS:JDEP) for its dividend will need to make their move shortly, as the stock is about to trade ex-dividend. 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 of consequence because whenever a stock is bought or sold, the trade takes at least two business day to settle. Meaning, you will need to purchase JDE Peet's' shares before the 22nd of January to receive the dividend, which will be paid on the 26th of January.

The company's next dividend payment will be €0.35 per share, on the back of last year when the company paid a total of €0.70 to shareholders. Last year's total dividend payments show that JDE Peet's has a trailing yield of 2.9% on the current share price of €23.84. We love seeing companies pay a dividend, but it's also important to be sure that laying the golden eggs isn't going to kill our golden goose! So we need to investigate whether JDE Peet's can afford its dividend, and if the dividend could grow.

View our latest analysis for JDE Peet's