Understanding Core Laboratories's Ex-Dividend Date

On April 21, 2021, Core Laboratories CLB announced shareholders can expect to receive a dividend payable on May 18, 2021. The stock will then go ex-dividend 1 business day(s) before the record date. Core Laboratories has an ex-dividend date planned for April 30, 2021. The company's current dividend payout sits at $0.01. That equates to a dividend yield of 0.15% at current price levels.

Understanding Ex-Dividend Dates'

An ex-dividend date signals when a company's shares cease to trade with its current dividend payout. There is a small intermission period before the company announces a new dividend. 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.

Core Laboratories's Dividend Payouts And Yields

Over the past year, Core Laboratories has seen its dividend payouts remain the same and its yields trend downward. Last year on May 7, 2020 the company's payout sat at $0.01, which has returned to its value today. Core Laboratories's dividend yield last year was 0.26%, which has since decreased by 0.11%.
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.

Click here to find details on Core Laboratories's previous dividends.