Published on 26 Mar 2023 on Simply Wall St. via Yahoo Finance

Park City Group, Inc. (NASDAQ:PCYG) Looks Like A Good Stock, And It's Going Ex-Dividend Soon

Readers hoping to buy Park City Group, Inc. (NASDAQ:PCYG) for its dividend will need to make their move shortly, as the stock is about to trade ex-dividend. 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. It is important to be aware of the ex-dividend date because any trade on the stock needs to have been settled on or before the record date. In other words, investors can purchase Park City Group's shares before the 30th of March in order to be eligible for the dividend, which will be paid on the 1st of May.

The upcoming dividend for Park City Group will put a total of US$0.015 per share in shareholders' pockets. 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 investigate whether Park City Group can afford its dividend, and if the dividend could grow.

See our latest analysis for Park City Group