Published on 16 Apr 2023 on Simply Wall St. via Yahoo Finance
It looks like Geberit AG (VTX:GEBN) is about to go ex-dividend in the next 4 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 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. Meaning, you will need to purchase Geberit's shares before the 21st of April to receive the dividend, which will be paid on the 25th of April.
The company's next dividend payment will be CHF12.60 per share. Last year, in total, the company distributed CHF12.60 to shareholders. Last year's total dividend payments show that Geberit has a trailing yield of 2.6% on the current share price of CHF492.9. Dividends are a major contributor to investment returns for long term holders, but only if the dividend continues to be paid. So we need to check whether the dividend payments are covered, and if earnings are growing.
See our latest analysis for Geberit