Dividend Dates 2023

What is stock dividend?

A stock dividend is a dividend paid by a company to its shareholders out of the company’s own earnings.

Stock dividends are often issued in the form of cash, but can also be in the form of shares, or other securities.

The main reason for issuing stock dividends is that they are more tax-efficient than cash dividends.

What is dividend investing?

Dividend investing is a popular way to invest in the stock market. The idea is to buy stocks that pay a dividend, and then reinvest those dividends.

Companies that pay dividends are often mature and stable, which some investors prefer for their stability and reliability. Dividends also provide an income stream that can help offset the risks of investing in stocks. When looking to invest for dividends it is important to consider the companies that will prosper in a lower-growth or even no-growth environment.

If you are looking for a long-term investment strategy, dividend investing may be worth considering. The first step is to find a company that offers the dividend reinvestment plan. There are many online resources that provide this information, such as Morningstar and Yahoo Finance. The company should be one that you are interested in investing in for the long term.

The drawbacks of a stock dividend are that it does not always provide an accurate representation of the company’s performance and this practice may lead to shareholder dissatisfaction.

How often dividend is paid?

Dividends are often paid twice a year, but there are some companies that pay dividends quarterly or monthly.

What is ex-dividend date?

The ex-dividend date is the day that an investor who purchases shares of a stock is entitled to receive the most recent dividend. If today is ex-dividend date and you buy stocks today, you will not be eligible for any dividends paid before today’s date.

What is dividend record date?

The date on which a company’s shareholders must be registered and listed as of to be eligible for the upcoming dividend. The ex-dividend date is always before the record date.

What is dividend payment date?

Dividend payment date is the date on which the dividend is paid.

When can I sell my stock and still get the dividend?

The stock market is a volatile place. You may want to sell your stocks while they are still high, but you do not want to miss out on the dividends.

In the case of stocks that pay dividends, you can sell your shares at any time but if you sell before the ex-dividend date, you will not be eligible for the dividend payout.

What is dividend yield?

Dividend yield is a measure of the annual return on investment in stocks. It is calculated by dividing the dividend per share by the current stock price.

The dividend yield is an important metric when evaluating stocks, as it indicates how much income will be generated from a stock investment.

What is dividend reinvestment plan?

The dividend reinvestment plan is a program offered by many publicly traded companies where shareholders can elect to have all or part of their dividends paid out in the form of additional shares, rather than in cash.

If you are offered dividend reinvestment plan, you need to decide how much money you want to invest and what percentage of your investment should be used for the dividend reinvestment plan.

How to compare dividend stocks in the same industry?

Dividend Yield: Calculate the dividend yield for each stock by dividing the annual dividend per share by the current stock price. This allows you to compare the relative income generated by each stock.

Dividend Growth: Examine the dividend growth rates over time for each stock. Look for consistent or increasing dividend payments, which may indicate a company’s financial stability and commitment to returning profits to shareholders.

Payout Ratio: Evaluate the payout ratio, which is the proportion of earnings paid out as dividends. A lower payout ratio may suggest a company has more room to increase dividends in the future.

Dividend Policy and Stability: Assess the consistency and reliability of dividend payments. Look for companies with a history of maintaining or increasing dividends even during challenging economic conditions.

Industry Comparison: Compare the dividend metrics of the different stocks in the industry to identify any outliers or trends. It’s important to consider factors specific to each company, such as their financial health, growth prospects, and dividend policies.

US Dividend Stocks Summary

IndustryNo of Companies Pay Dividend
Equity Real Estate Investment Trusts159
Oil, Gas & Consumable Fuels158
Capital Markets119
Metals & Mining71
Hotels, Restaurants & Leisure60

As seen from the above table, it is not surprised that Banks has the highest number of companies (292) paying dividends. Within the Banks group, ITUB has the greatest number of dividend payments (150 times). PRK has the most total dividend payment ($38.75). TBK has the most average dividend payment ($17.81).

Then followed by Equity Real Estate Investment Trusts … with 159 companies in the group paying dividends. Within the Equity Real Estate Investment Trusts … group, LTC has the greatest number of dividend payments (120 times). AHT has the most total dividend payment ($312.41). AHT has the most average dividend payment ($10.41).

Oil, Gas & Consumable Fuels ranks number three with 158 companies have dividend history. Within the Oil, Gas & Consumable Fuels group, CRT has the greatest number of dividend payments (120 times). SMLP has the most total dividend payment ($217.49). CHK has the most average dividend payment ($11.94)

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