Analyzing Highland Global's Ex-Dividend Date

Highland Global HGLB declared a dividend payable on December 31, 2020 to its shareholders as of January 8, 2020. It was also announced that shareholders of Highland Global's stock as of December 22, 2020 are entitled to the dividend. The stock is expected to become ex-dividend 1 business day(s) before the record date. The ex-dividend date for Highland Global is set for December 21, 2020. The company's current dividend payout sits at $0.08, equating to a dividend yield of 10.69% at current price levels.

Understanding Ex-Dividend Dates'

Ex-dividend dates signal when company shares cease to trade with their current dividend payouts. There is a small intermission period before companies announce new dividends. Usually, a company's ex-dividend date falls one business day before its record date. Investors should keep this in mind when purchasing stocks because buying them on or after ex-dividend dates does not qualify them to receive the declared payment. Newly declared dividends go to shareholders who have owned that stock before the ex-dividend date. Most ex-dividend dates operate on a quarterly basis.

Understanding Highland Global's Dividend Performance

Over the past year, Highland Global has experienced no change regarding its dividend payouts and yields. Last year on September 21, 2020 the company's payout was $0.08. Highland Global's dividend yield last year was 10.69%.
Companies use dividend yields in different strategic ways. Some companies may opt to not give yields altogether to reinvest in themselves. Other companies may opt to increase or decrease their yield amounts to control how their shares circulate throughout the stock market.

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