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Stock impact report

Don't Race Out To Buy AmeriServ Financial, Inc. (NASDAQ:ASRV) Just Because It's Going Ex-Dividend [Yahoo! Finance]

AmeriServ Financial Inc. (ASRV) 
US:NASDAQ Investor Relations: investors.ameriserv.com
Company Research Source: Yahoo! Finance
NASDAQ:ASRV ) is about to trade ex-dividend in the next three 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 of consequence because whenever a stock is bought or sold, the trade takes at least two business day to settle. Accordingly, AmeriServ Financial investors that purchase the stock on or after the 5th of August will not receive the dividend, which will be paid on the 19th of August. The company's next dividend payment will be US$0.03 per share. Last year, in total, the company distributed US$0.12 to shareholders. Based on the last year's worth of payments, AmeriServ Financial stock has a trailing yield of around 4.8% on the current share price of US$2.51. 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! That's why we shoul Show less Read more
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