Published on 3 Mar 2024 on Simply Wall St. via Yahoo Finance
The Berkeley Group Holdings plc (LON:BKG) stock is about to trade ex-dividend in 3 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 of consequence because whenever a stock is bought or sold, the trade takes at least two business day to settle. Thus, you can purchase Berkeley Group Holdings' shares before the 7th of March in order to receive the dividend, which the company will pay on the 29th of March.
The company's upcoming dividend is UK£0.33 a share, following on from the last 12 months, when the company distributed a total of UK£1.19 per share to shareholders. Last year's total dividend payments show that Berkeley Group Holdings has a trailing yield of 2.5% on the current share price of UK£46.70. Dividends are a major contributor to investment returns for long term holders, but only if the dividend continues to be paid. As a result, readers should always check whether Berkeley Group Holdings has been able to grow its dividends, or if the dividend might be cut.
See our latest analysis for Berkeley Group Holdings