Market Overview

Ex-Dividend Date Insight: B2Gold


On November 25, 2020, B2Gold (AMEX:BTG) declared a dividend payable on December 18, 2020 to its shareholders. B2Gold also announced that shareholders on the company's books on or before December 8, 2020 are entitled to the dividend. The stock will then go ex-dividend 1 business day(s) before the record date. B2Gold has an ex-dividend date set for for December 7, 2020. The company's current dividend payout is $0.04, which equates to a dividend yield of 3.02% at current price levels.

The Significance Of 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. Typically, companies will announce and implement new dividend yields on a quarterly basis.

Understanding B2Gold's Dividend History

Over the past year, B2Gold has seen its dividend payouts and yields climb upward overall. Last year (November 26, 2019), the company's payout sat at $0.01, which has since increased by $0.03. B2Gold's dividend yield last year was 1.16%, which has since grown by 1.86%.
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.

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Posted-In: Dividends