Guggenheim Strategic Opps GOF declared a dividend payable on April 30, 2021 to its shareholders as of April 1, 2021. It was also announced that shareholders of Guggenheim Strategic Opps's stock as of April 15, 2021 are entitled to the dividend. The stock is expected to become ex-dividend 1 business day(s) before the record date. Guggenheim Strategic Opps has an ex-dividend date set for for April 14, 2021. The company's current dividend payout is $0.18, which equates to a dividend yield of 10.41% at current price levels.
The Significance Of An Ex-Dividend Date
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.
Understanding Guggenheim Strategic Opps's Dividend History
Over the past year, Guggenheim Strategic Opps has experienced no change regarding its dividend payouts and a downward trend regarding its yields. Last year on December 14, 2020 the company's payout was $0.18, which has returned to its value today. Guggenheim Strategic Opps's dividend yield last year was 11.72%, which has since decreased by 1.31%.
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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