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Stock impact report

Reynolds Consumer Products (NASDAQ:REYN) Could Be A Buy For Its Upcoming Dividend [Yahoo! Finance]

Reynolds Consumer Products Inc. (REYN) 
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. 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. Meaning, you will need to purchase Reynolds Consumer Products' shares before the 15th of November to receive the dividend, which will be paid on the 29th of November. The company's next dividend payment will be US$0.23 per share, on the back of last year when the company paid a total of US$0.92 to shareholders. Based on the last year's worth of payments, Reynolds Consumer Products has a trailing yield of 3.4% on the current stock price of US$27.44. 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 Show less Read more
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