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Stock impact report

It Might Not Be A Great Idea To Buy Western New England Bancorp, Inc. (NASDAQ:WNEB) For Its Next Dividend [Yahoo! Finance]

Western New England Bancorp, Inc. (WNEB) 
Last western new england bancorp, inc. earnings: 4/28 04:10 pm Check Earnings Report
US:NASDAQ Investor Relations: snl.com/irw/corporateprofile/4066200
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. Therefore, if you purchase Western New England Bancorp's shares on or after the 7th 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$0.07 per share. Last year, in total, the company distributed US$0.28 to shareholders. Calculating the last year's worth of payments shows that Western New England Bancorp has a trailing yield of 3.2% on the current share price of US$8.69. Dividends are a major contributor to investment returns for long term holders, but only if the dividend continues to be paid. As Show less Read more
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