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Stock impact report

Do These 3 Checks Before Buying Texas Community Bancshares, Inc. (NASDAQ:TCBS) For Its Upcoming Dividend [Yahoo! Finance]

Texas Community Bancshares, Inc. (TCBS) 
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 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. In other words, investors can purchase Texas Community Bancshares' shares before the 13th of March in order to be eligible for the dividend, which will be paid on the 28th of March. The company's next dividend payment will be US$0.04 per share. Last year, in total, the company distributed US$0.12 to shareholders. Last year's total dividend payments show that Texas Community Bancshares has a trailing yield of 0.9% on the current share price of US$13.405. We love seeing companies pay a dividend, but it's also important to be sure that laying the golden eggs isn't going to kill our golden goose! As a result, readers should alwa Show less Read more
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