Published on 25 Apr 2024 on Simply Wall St. via Yahoo Finance

Only Three Days Left To Cash In On Heineken Holding's (AMS:HEIO) Dividend

It looks like Heineken Holding N.V. (AMS:HEIO) is about to go ex-dividend in the next three 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 of consequence because whenever a stock is bought or sold, the trade takes at least two business day to settle. In other words, investors can purchase Heineken Holding's shares before the 29th of April in order to be eligible for the dividend, which will be paid on the 7th of May.

The company's upcoming dividend is €1.04 a share, following on from the last 12 months, when the company distributed a total of €1.73 per share to shareholders. Based on the last year's worth of payments, Heineken Holding has a trailing yield of 2.3% on the current stock price of €76.80. 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.