Published on 13 Nov 2022 on Simply Wall St. via Yahoo Finance
Four Days Left To Buy Fiera Capital Corporation (TSE:FSZ) Before The Ex-Dividend Date
Fiera Capital Corporation (TSE:FSZ) stock is about to trade ex-dividend in four 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 important because any transaction on a stock needs to have been settled before the record date in order to be eligible for a dividend. Thus, you can purchase Fiera Capital's shares before the 18th of November in order to receive the dividend, which the company will pay on the 19th of December.
The company's upcoming dividend is CA$0.21 a share, following on from the last 12 months, when the company distributed a total of CA$0.86 per share to shareholders. Calculating the last year's worth of payments shows that Fiera Capital has a trailing yield of 9.3% on the current share price of CA$9.25. 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 investigate whether Fiera Capital can afford its dividend, and if the dividend could grow.
View our latest analysis for Fiera Capital