Published on 6 May 2023 on Simply Wall St. via Yahoo Finance
Regular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see A.G. BARR p.l.c. (LON:BAG) is about to trade ex-dividend in the next 4 days. The ex-dividend date occurs one day before the record date which is the day on which shareholders need to be on the company's books in order to receive a 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. This means that investors who purchase A.G. BARR's shares on or after the 11th of May will not receive the dividend, which will be paid on the 9th of June.
The company's next dividend payment will be UK£0.11 per share. Last year, in total, the company distributed UK£0.13 to shareholders. Based on the last year's worth of payments, A.G. BARR stock has a trailing yield of around 2.5% on the current share price of £5.26. If you buy this business for its dividend, you should have an idea of whether A.G. BARR's dividend is reliable and sustainable. So we need to check whether the dividend payments are covered, and if earnings are growing.
View our latest analysis for A.G. BARR