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Stock impact report

Should You Buy Amalgamated Financial Corp. (NASDAQ:AMAL) For Its Upcoming Dividend? [Yahoo! Finance]

Amalgamated Financial Corp. (AMAL) 
Last amalgamated financial corp. earnings: 4/30 06:25 am Check Earnings Report
Company Research Source: Yahoo! Finance
Typically, the ex-dividend date is one business day before the record date which is the date on which a company determines the shareholders eligible to receive a dividend. 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. Therefore, if you purchase Amalgamated Financial's shares on or after the 5th of November, you won't be eligible to receive the dividend, when it is paid on the 21st of November. The company's next dividend payment will be US$0.12 per share, on the back of last year when the company paid a total of US$0.48 to shareholders. Looking at the last 12 months of distributions, Amalgamated Financial has a trailing yield of approximately 1.4% on its current stock price of US$33.165. If you buy this business for its dividend, you should have an idea of whether Amalgamated Financial's dividend is reliable and sustainable. That's why we should alway Show less Read more
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