Published on 23 Dec 2023 on Simply Wall St. via Yahoo Finance

BT Group plc (LON:BT.A) Will Pay A UK£0.023 Dividend In Four Days

Some investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be intrigued to know that BT Group plc (LON:BT.A) is about to go ex-dividend in just 4 days. 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 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. In other words, investors can purchase BT Group's shares before the 28th of December in order to be eligible for the dividend, which will be paid on the 2nd of February.

The company's next dividend payment will be UK£0.023 per share, and in the last 12 months, the company paid a total of UK£0.077 per share. Last year's total dividend payments show that BT Group has a trailing yield of 6.0% on the current share price of £1.273. Dividends are an important source of income to many shareholders, but the health of the business is crucial to maintaining those dividends. As a result, readers should always check whether BT Group has been able to grow its dividends, or if the dividend might be cut.

View our latest analysis for BT Group