Published on 2 May 2024 on Simply Wall St. via Yahoo Finance

Four Days Left Until Deutsche Lufthansa AG (ETR:LHA) Trades Ex-Dividend

It looks like Deutsche Lufthansa AG (ETR:LHA) is about to go ex-dividend in the next four 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 important because any transaction on a stock needs to have been settled before the record date in order to be eligible for a dividend. Accordingly, Deutsche Lufthansa investors that purchase the stock on or after the 8th of May will not receive the dividend, which will be paid on the 13th of May.

The company's next dividend payment will be €0.30 per share. Last year, in total, the company distributed €0.30 to shareholders. Calculating the last year's worth of payments shows that Deutsche Lufthansa has a trailing yield of 4.4% on the current share price of €6.838. If you buy this business for its dividend, you should have an idea of whether Deutsche Lufthansa's dividend is reliable and sustainable. So we need to check whether the dividend payments are covered, and if earnings are growing.