Analyzing Landmark Infrastructure's Ex-Dividend Date

On July 23, 2021, Landmark Infrastructure LMRK declared a dividend payable on August 13, 2021 to its shareholders. Landmark Infrastructure also announced that shareholders on the company's books on or before August 3, 2021 are entitled to the dividend. The stock will then go ex-dividend 1 business day(s) before the record date. Landmark Infrastructure has an ex-dividend date set for for August 2, 2021. The company's current dividend payout is $0.2, which equates to a dividend yield of 5.93% 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. Typically, companies will announce and implement new dividend yields on a quarterly basis.

Understanding Landmark Infrastructure's Dividend Payouts And Yields

Over the past year, Landmark Infrastructure has experienced no change regarding its dividend payouts and a downward trend regarding its yields. Last year on August 3, 2020 the company's payout was $0.2, which has returned to its value today. Landmark Infrastructure's dividend yield last year was 8.1%, which has since decreased by 2.17%.
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 Landmark Infrastructure click here.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: DividendsBZI-ExDiv
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!