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Stock impact report

Enact Holdings, Inc. (NASDAQ:ACT) Passed Our Checks, And It's About To Pay A US$0.185 Dividend [Yahoo! Finance]

Enact Holdings, Inc. (ACT) 
US:NYSE Investor Relations: advisorshares.com/fund/act
Company Research Source: Yahoo! Finance
NASDAQ:ACT ) is about to go ex-dividend in just three days. 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 of consequence because whenever a stock is bought or sold, the trade takes at least two business day to settle. Therefore, if you purchase Enact Holdings' shares on or after the 18th of November, you won't be eligible to receive the dividend, when it is paid on the 5th of December. The company's next dividend payment will be US$0.185 per share, on the back of last year when the company paid a total of US$1.45 to shareholders. Looking at the last 12 months of distributions, Enact Holdings has a trailing yield of approximately 4.2% on its current stock price of US$34.30. 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 alw Show less Read more
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