Understanding Barings Global Short's Ex-Dividend Date

Barings Global Short BGH declared a dividend payable on February 1, 2021 to its shareholders as of November 10, 2020. It was also announced that shareholders of Barings Global Short's stock as of January 21, 2021 are entitled to the dividend. The stock is expected to become ex-dividend 1 business day(s) before the record date. Barings Global Short, which has a current dividend per share of $0.11, has an ex-dividend date scheduled for January 20, 2021. That equates to a dividend yield of 9.46% at current price levels.

What Are 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.

Understanding 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 September 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 10.07%, which has since decreased by 0.61%.
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.

To read more news on Barings Global Short click here.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Ex-Date
ticker
name
Dividend
Yield
Announced
Record
Payable
Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!