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Stock impact report

J Sainsbury plc (LON:SBRY) Looks Interesting, And It's About To Pay A Dividend [Yahoo! Finance]

J SAINSBURY PLC S/ADR (JSAIY) 
NASDAQ:AMEX Investor Relations: about.sainsburys.co.uk/investors
Company Research Source: Yahoo! Finance
The ex-dividend date is two business days before a company's record date in most cases, 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 can take two business days or more to settle. Therefore, if you purchase J Sainsbury's shares on or after the 13th of November, you won't be eligible to receive the dividend, when it is paid on the 19th of December. The company's next dividend payment will be UK£0.151 per share, on the back of last year when the company paid a total of UK£0.14 to shareholders. Last year's total dividend payments show that J Sainsbury has a trailing yield of 3.9% on the current share price of UK£3.492. Dividends are an important source of income to many shareholders, but the health of the business is crucial to maintaining those dividends. We need to see whether the dividend is covered by earnings and if it's growing. Show less Read more
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