Wednesday marks the last chance for investors to receive the next dividend payout from The Western Union.
What's Happening
THE announced on Tuesday that it would pay shareholders a quarterly dividend of $0.235 per share. On Thursday, The Western Union will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open $0.235 lower than it would have opened on any other day.
In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Thursday. Shareholders who own WU as of the end of Wednesday's session are eligible to receive the $0.235 dividend payout for every share that they own.
According to the company, this dividend will be paid out to shareholders on December 31, 2021. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way.
Click here to find details on The Western Union's previous dividends.
To keep track of which companies are distributing dividends, click here to visit our Dividends Calendar.
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