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Stock impact report

MVB Financial (NASDAQ:MVBF) Could Be A Buy For Its Upcoming Dividend [Yahoo! Finance]

MVB Financial Corp. (MVBF) 
NASDAQ:AMEX Investor Relations: ir.mvbbanking.com/corporateprofile
Company Research Source: Yahoo! Finance
The ex-dividend date is usually set to be one business day before the record date which is the cut-off date on which you must be present on the company's books as a shareholder in order to receive the 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. Thus, you can purchase MVB Financial's shares before the 31st of May in order to receive the dividend, which the company will pay on the 15th of June. The company's next dividend payment will be US$0.17 per share, on the back of last year when the company paid a total of US$0.68 to shareholders. Based on the last year's worth of payments, MVB Financial has a trailing yield of 3.7% on the current stock price of US$18.22. Dividends are an important source of income to many shareholders, but the health of the business is crucial to maintaining those dividends. That's why we should always check whether the dividend payments appear sustainable Show less Read more
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