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Stock impact report

Should You Buy Western New England Bancorp, Inc. (NASDAQ:WNEB) For Its Upcoming 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
NASDAQ:WNEB ) 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. Meaning, you will need to purchase Western New England Bancorp's shares before the 7th of May to receive the dividend, which will be paid on the 22nd of May. The company's next dividend payment will be US$0.07 per share, on the back of last year when the company paid a total of US$0.28 to shareholders. Based on the last year's worth of payments, Western New England Bancorp stock has a trailing yield of around 4.4% on the current share price of US$6.42. 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 Show less Read more
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