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Analyzing Western Asset Emg Markets's Ex-Dividend Date

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On February 17, 2021, Western Asset Emg Markets (NYSE:EMD) declared a dividend payable on June 1, 2021 to its shareholders. Western Asset Emg Markets also announced that shareholders on the company's books on or before May 21, 2021 are entitled to the dividend. The stock will then go ex-dividend 1 business day(s) before the record date. Western Asset Emg Markets has an ex-dividend date planned for May 20, 2021. The company's current dividend payout sits at $0.09. That equates to a dividend yield of 7.81% at current price levels.

Understanding Ex-Dividend Dates'

An ex-dividend date is when a company's shares stop trading with its current dividend payout in preparation for the company to announce a new one. 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.

Western Asset Emg Markets's Dividend History

Over the past year, Western Asset Emg Markets has seen its dividend payouts remain the same and its yields trend downward. Last year on February 18, 2021 the company's payout sat at $0.09, which has returned to its value today. Western Asset Emg Markets's dividend yield last year was 8.05%, which has since decreased by 0.24%.
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 news on Western Asset Emg Markets click here.

 

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Posted-In: BZI-ExDivDividends

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