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Stock impact report

Be Sure To Check Out Hanover Bancorp, Inc. (NASDAQ:HNVR) Before It Goes Ex-Dividend [Yahoo! Finance]

Hanover Bancorp, Inc. (HNVR) 
Company Research Source: Yahoo! Finance
Typically, the ex-dividend date is one business day before the record date which is the date on which a company determines the shareholders eligible 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. Accordingly, Hanover Bancorp investors that purchase the stock on or after the 7th of May will not receive the dividend, which will be paid on the 15th of May. The company's next dividend payment will be US$0.10 per share, on the back of last year when the company paid a total of US$0.40 to shareholders. Calculating the last year's worth of payments shows that Hanover Bancorp has a trailing yield of 2.4% on the current share price of US$16.57. Dividends are an important source of income to many shareholders, but the health of the business is crucial to maintaining those dividends. That's why we should always check whether the dividend payments appear sustainable, and if the compan Show less Read more
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