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

Only Four Days Left To Cash In On Intertek Group's (LON:ITRK) Dividend

Intertek Group plc (LON:ITRK) is about to trade 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. This means that investors who purchase Intertek Group's shares on or after the 30th of May will not receive the dividend, which will be paid on the 21st of June.

The company's upcoming dividend is UK£0.74 a share, following on from the last 12 months, when the company distributed a total of UK£1.12 per share to shareholders. Last year's total dividend payments show that Intertek Group has a trailing yield of 2.2% on the current share price of UK£50.25. Dividends are a major contributor to investment returns for long term holders, but only if the dividend continues to be paid. That's why we should always check whether the dividend payments appear sustainable, and if the company is growing.