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Stock impact report

It Might Not Be A Great Idea To Buy UWM Holdings Corporation (NYSE:UWMC) For Its Next Dividend [Yahoo! Finance]

UWM Holdings Corporation Class A (UWMC) 
Company Research Source: Yahoo! Finance
The ex-dividend date occurs one day before the record date which is the day on which shareholders need to be on the company's books in order to receive a dividend. The ex-dividend date is important because any transaction on a stock needs to have been settled before the record date in order to be eligible for a dividend. This means that investors who purchase UWM Holdings' shares on or after the 19th of March will not receive the dividend, which will be paid on the 11th of April. 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. Based on the last year's worth of payments, UWM Holdings stock has a trailing yield of around 5.8% on the current share price of US$6.91. If you buy this business for its dividend, you should have an idea of whether UWM Holdings's dividend is reliable and sustainable. So we need to investigate whether UWM Holdings can afford its dividend, and if the dividend could Show less Read more
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