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Stock impact report

Be Sure To Check Out Magnolia Oil & Gas Corporation (NYSE:MGY) Before It Goes Ex-Dividend [Yahoo! Finance]

Magnolia Oil & Gas Corporation Class A (MGY) 
Last magnolia oil & gas corporation class a earnings: 2/19 04:11 pm Check Earnings Report
Company Research Source: Yahoo! Finance
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. This means that investors who purchase Magnolia Oil & Gas' shares on or after the 10th of May will not receive the dividend, which will be paid on the 3rd of June. The company's next dividend payment will be US$0.13 per share, and in the last 12 months, the company paid a total of US$0.52 per share. Looking at the last 12 months of distributions, Magnolia Oil & Gas has a trailing yield of approximately 2.1% on its current stock price of US$25.11. Dividends are an important source of income to many shareholders, but the health of the business is crucial to maintaining those dividends. That's w Show less Read more
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