Analyzing Regions Financial's Ex-Dividend Date

On October 15, 2020, Regions Financial RF announced shareholders can expect to receive a dividend payable on January 4, 2021. The stock will then go ex-dividend 1 business day(s) before the record date. Regions Financial, which has a current dividend per share of $0.15, has an ex-dividend date scheduled for December 3, 2020. That equates to a dividend yield of 5.06% at current price levels.

What Are Ex-Dividend Dates?

Ex-dividend dates signal when company shares cease to trade with their current dividend payouts. There is a small intermission period before companies announce new dividends. 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. Typically, companies will announce and implement new dividend yields on a quarterly basis.

Regions Financial's Dividend History

Over the past year, Regions Financial has experienced an overall upward trend regarding its dividend payouts and yields. Last year on January 31, 2020 the company's payout was $0.14, which has since grown by $0.01. Similarly, Regions Financial's dividend yield in last year was 3.49%, which has since grown by 1.57%.
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.

To read more about Regions Financial click here.