Market Overview

Analyzing Tenaris's Ex-Dividend Date


On November 4, 2020, Tenaris (NYSE: TS) announced shareholders can expect to receive a dividend payable on November 25, 2020. The stock will then go ex-dividend 1 business day(s) before the record date. Tenaris has an ex-dividend date set for for November 23, 2020. The company's current dividend payout is $0.14, which equates to a dividend yield of 2.71% at current price levels.

Understanding Ex-Dividend Dates'

An ex-dividend date signals when a company's shares cease to trade with its current dividend payout. There is a small intermission period before the company announces a new dividend. Usually, a company's ex-dividend date falls one business day before its record date. Investors should keep this in mind when purchasing stocks because buying them on or after ex-dividend dates does not qualify them to receive the declared payment. Newly declared dividends go to shareholders who have owned that stock before the ex-dividend date. Most ex-dividend dates operate on a quarterly basis.

Tenaris's Dividend History

Over the past year, Tenaris has seen its dividend payouts descend downward and yields trend upward. Last year on November 19, 2018 the company's payout sat at $0.26, which has since decreased by $0.12. Tenaris's dividend yield last year was 1.77%, which has since grown by 0.94%.
Companies use dividend yields in different strategic ways. Some companies may opt to not give yields altogether to reinvest in themselves. Other companies may opt to increase or decrease their yield amounts to control how their shares circulate throughout the stock market.

Click here to find details on Tenaris's previous dividends.


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Posted-In: Dividends