Analyzing BNY Mellon Alcentra Glb's Ex-Dividend Date

BNY Mellon Alcentra Glb DCF declared a dividend payable on June 23, 2021 to its shareholders as of May 25, 2021. It was also announced that shareholders of BNY Mellon Alcentra Glb's stock as of June 9, 2021 are entitled to the dividend. The stock is expected to become ex-dividend 1 business day(s) before the record date. BNY Mellon Alcentra Glb has an ex-dividend date planned for June 8, 2021. The company's current dividend payout sits at $0.05. That equates to a dividend yield of 6.22% at current price levels.

Understanding Ex-Dividend Dates'

Ex-dividend dates are when company shares stop trading with their current dividend payouts in preparation for those companies to announce new ones. 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 BNY Mellon Alcentra Glb's Dividend Performance

Over the past year, BNY Mellon Alcentra Glb has seen its dividend payouts remain the same and its yields trend downward. Last year on February 8, 2021 the company's payout sat at $0.05, which has returned to its value today. BNY Mellon Alcentra Glb's dividend yield last year was 6.86%, which has since decreased by 0.64%.
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 BNY Mellon Alcentra Glb's previous dividends.