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Stock impact report

Income Investors Should Know That Colony Bankcorp, Inc. (NASDAQ:CBAN) Goes Ex-Dividend Soon [Yahoo! Finance]

Colony Bankcorp, Inc. (CBAN) 
US:NASDAQ Investor Relations: investors.colonybank.com
Company Research Source: Yahoo! Finance
The ex-dividend date is one business day before a company's record date, which is the date on which the company determines which shareholders are entitled to receive a dividend. The ex-dividend date is of consequence because whenever a stock is bought or sold, the trade takes at least two business day to settle. Thus, you can purchase Colony Bankcorp's shares before the 7th of May in order to receive the dividend, which the company will pay on the 22nd of May. The company's next dividend payment will be US$0.1125 per share, and in the last 12 months, the company paid a total of US$0.45 per share. Based on the last year's worth of payments, Colony Bankcorp stock has a trailing yield of around 4.0% on the current share price of US$11.20. Dividends are an important source of income to many shareholders, but the health of the business is crucial to maintaining those dividends. As a result, readers should always check whether Colony Bankcorp has been able to grow its dividends, or if the Show less Read more
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