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Stock impact report

It Might Not Be A Great Idea To Buy Quanex Building Products Corporation (NYSE:NX) For Its Next Dividend [Yahoo! Finance]

Quanex Building Products Corporation (NX) 
Last quanex building products corporation earnings: 12/11 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.quanex.com
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 one business day to settle. This means that investors who purchase Quanex Building Products' shares on or after the 15th of December will not receive the dividend, which will be paid on the 31st of December. The company's upcoming dividend is US$0.08 a share, following on from the last 12 months, when the company distributed a total of US$0.32 per share to shareholders. Last year's total dividend payments show that Quanex Building Products has a trailing yield of 2.1% on the current share price of US$15.08. Dividends are a major contributor to investment returns for long term holders, but only if the dividend continues to be paid. We need to see whether the dividend is covered by earnings and if it's growin Show less Read more
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