Published on 1 May 2024 on Simply Wall St. via Yahoo Finance
Deutsche Post AG (ETR:DHL) is about to trade ex-dividend in the next 4 days. The ex-dividend date is usually set to be one business day before the record date which is the cut-off date on which you must be present on the company's books as a shareholder in order to receive the 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. In other words, investors can purchase Deutsche Post's shares before the 6th of May in order to be eligible for the dividend, which will be paid on the 8th of May.
The company's upcoming dividend is €1.85 a share, following on from the last 12 months, when the company distributed a total of €1.85 per share to shareholders. Based on the last year's worth of payments, Deutsche Post has a trailing yield of 4.7% on the current stock price of €39.26. Dividends are an important source of income to many shareholders, but the health of the business is crucial to maintaining those dividends. We need to see whether the dividend is covered by earnings and if it's growing.