Published on 18 Mar 2023 on Simply Wall St. via Yahoo Finance
It looks like IPD Group Limited (ASX:IPG) is about to go ex-dividend in the next 4 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 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. Therefore, if you purchase IPD Group's shares on or after the 23rd of March, you won't be eligible to receive the dividend, when it is paid on the 6th of April.
The company's next dividend payment will be AU$0.046 per share. We love seeing companies pay a dividend, but it's also important to be sure that laying the golden eggs isn't going to kill our golden goose! As a result, readers should always check whether IPD Group has been able to grow its dividends, or if the dividend might be cut.
Check out our latest analysis for IPD Group