Readers hoping to buy Croda International Plc (LON:CRDA) for its dividend will need to make their move shortly, as the stock is about to trade ex-dividend. The ex-dividend date occurs one day before the record date which is the day on which shareholders need to be on the company’s books in order to receive a dividend. It is important to be aware of the ex-dividend date because any trade on the stock needs to have been settled on or before the record date. In other words, investors can purchase Croda International’s shares before the 9th of September in order to be eligible for the dividend, which will be paid on the 5th of October.
The company’s next dividend payment will be UK£0.43 per share, and in the last 12 months, the company paid a total of UK£0.95 per share. Based on the last year’s worth of payments, Croda International stock has a trailing yield of around 1.0% on the current share price of £92. Dividends are a major contributor to investment returns for long term holders, but only if the dividend continues to be paid. So we need to investigate whether Croda…
