On December 4, 2020, Barings Global Short BGH declared a dividend payable on March 1, 2021 to its shareholders. Barings Global Short also announced that shareholders on the company's books on or before February 18, 2021 are entitled to the dividend. The stock will then go ex-dividend 1 business day(s) before the record date. Barings Global Short has an ex-dividend date set for for February 17, 2021. The company's current dividend payout is $0.11, which equates to a dividend yield of 8.55% at current price levels.
Understanding Ex-Dividend Dates'
An ex-dividend date is when a company's shares stop trading with its current dividend payout in preparation for the company to announce a new one. 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. Typically, companies will announce and implement new dividend yields on a quarterly basis.
Barings Global Short's Dividend Performance
Over the past year, Barings Global Short has seen its dividend payouts remain the same and its yields trend downward. Last year on October 21, 2020 the company's payout sat at $0.11, which has returned to its value today. Barings Global Short's dividend yield last year was 9.46%, which has since decreased by 0.91%.
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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