Simmons First National Corporation (NASDAQ:SFNC) stock is about to trade ex-dividend in four days. 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. 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. This means that investors who purchase Simmons First National’s shares on or after the 14th of June will not receive the dividend, which will be paid on the 1st of July.
The company’s next dividend payment will be US$0.21 per share, on the back of last year when the company paid a total of US$0.84 to shareholders. Based on the last year’s worth of payments, Simmons First National has a trailing yield of 5.0% on the current stock price of US$16.74. If you buy this business for its dividend, you should have an idea of whether…
