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

Should Income Investors Look At Coca-Cola HBC AG (LON:CCH) Before Its Ex-Dividend?

Coca-Cola HBC AG (LON:CCH) stock is about to trade ex-dividend in three 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. This means that investors who purchase Coca-Cola HBC's shares on or after the 30th of May will not receive the dividend, which will be paid on the 24th of June.

The company's next dividend payment will be €0.93 per share. Last year, in total, the company distributed €0.93 to shareholders. Calculating the last year's worth of payments shows that Coca-Cola HBC has a trailing yield of 2.8% on the current share price of UK£27.82. Dividends are an important source of income to many shareholders, but the health of the business is crucial to maintaining those dividends. So we need to check whether the dividend payments are covered, and if earnings are growing.