Chubu Electric Power Company, Incorporated (TSE:9502) is about to trade ex-dividend in the next 3 days. The ex-dividend date generally occurs two days 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. It is important to be aware of the ex-dividend date because any trade on the stock needs to have been settled on or before the record date. In other words, investors can purchase Chubu Electric Power Company’s shares before the 29th of September in order to be eligible for the dividend, which will be paid on the 1st of December.
The company’s next dividend payment will be JP¥35.00 per share. Last year, in total, the company distributed JP¥70.00 to shareholders. Last year’s total dividend payments show that Chubu Electric Power Company has a trailing yield of 3.4% on the current share price of JP¥2086.00. Dividends are an important source of…
