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Stock impact report

Only Four Days Left To Cash In On MainStreet Bancshares' (NASDAQ:MNSB) Dividend [Yahoo! Finance]

MainStreet Bancshares, Inc. (MNSB) 
NASDAQ:AMEX Investor Relations: mstreetbank.com/category/press-release
Company Research Source: Yahoo! Finance
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 important as the process of settlement involves two full business days. So if you miss that date, you would not show up on the company's books on the record date. Therefore, if you purchase MainStreet Bancshares' shares on or after the 12th of November, you won't be eligible to receive the dividend, when it is paid on the 19th of November. The company's next dividend payment will be US$0.10 per share, on the back of last year when the company paid a total of US$0.40 to shareholders. Based on the last year's worth of payments, MainStreet Bancshares stock has a trailing yield of around 2.2% on the current share price of US$18.20. Dividends are a major contributor to investment returns for long term holders, but only if the dividend continues to be paid. So we need to investigate whether MainStreet Ba Show less Read more
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