Published on 8 Mar 2022 on Simply Wall St. via Yahoo Finance
Readers hoping to buy ManTech International Corporation (NASDAQ:MANT) for its dividend will need to make their move shortly, as the stock is about to trade ex-dividend. The ex-dividend date is one business day before the record date, which is the cut-off date for shareholders to be present on the company's books to be eligible for a dividend payment. 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. This means that investors who purchase ManTech International's shares on or after the 10th of March will not receive the dividend, which will be paid on the 25th of March.
The company's next dividend payment will be US$0.41 per share, and in the last 12 months, the company paid a total of US$1.64 per share. Last year's total dividend payments show that ManTech International has a trailing yield of 1.9% on the current share price of $85.76. 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 ManTech International can afford its dividend, and if the dividend could grow.
View our latest analysis for ManTech International