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Stock impact report

Should You Buy Weyco Group, Inc. (NASDAQ:WEYS) For Its Upcoming Dividend? [Yahoo! Finance]

Weyco Group, Inc. (WEYS) 
Last weyco group, inc. earnings: 5/2 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: weycogroup.com/investor.html
Company Research Source: Yahoo! Finance
NASDAQ:WEYS ) is about to go ex-dividend in just four days. The ex-dividend date is one business day before the record date, which is the cut-off date for shareholders to be present on the company's books to be eligible for a dividend payment. The ex-dividend date is an important date to be aware of as any purchase of the stock made on or after this date might mean a late settlement that doesn't show on the record date. This means that investors who purchase Weyco Group's shares on or after the 14th of March will not receive the dividend, which will be paid on the 29th of March. The company's next dividend payment will be US$0.25 per share, on the back of last year when the company paid a total of US$1.00 to shareholders. Calculating the last year's worth of payments shows that Weyco Group has a trailing yield of 3.5% on the current share price of US$28.595. Dividends are a major contributor to investment returns for long term holders, but only if the dividend continues to be paid. Show less Read more
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