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Don't Buy Atlantic American Corporation (NASDAQ:AAME) For Its Next Dividend Without Doing These Checks [Yahoo! Finance]

Atlantic American Corporation (AAME) 
US:NASDAQ Investor Relations: atlam.gcs-web.com/contacts
Company Research Source: Yahoo! Finance
American Corporation NASDAQ:AAME ) is about to go ex-dividend in just three days. The ex-dividend date is usually set to be one business day before the record date which is the cut-off date on which you must be present on the company's books as a shareholder in order to receive the dividend. The ex-dividend date is important as the process of settlement involves two full business days. So if you miss that date, you would not show up on the company's books on the record date. Accordingly, Atlantic American investors that purchase the stock on or after the 11th of April will not receive the dividend, which will be paid on the 26th of April. The company's upcoming dividend is US$0.02 a share, following on from the last 12 months, when the company distributed a total of US$0.02 per share to shareholders. Calculating the last year's worth of payments shows that Atlantic American has a trailing yield of 0.9% on the current share price of US$2.19. Dividends are a major contributor to inves Show less Read more
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