Ex-Dividend Date Insight: Lamb Weston Hldgs

Lamb Weston Hldgs LW declared a dividend payable on September 3, 2021 to its shareholders as of July 22, 2021. It was also announced that shareholders of Lamb Weston Hldgs's stock as of August 6, 2021 are entitled to the dividend. The stock is expected to become ex-dividend 1 business day(s) before the record date. Lamb Weston Hldgs has an ex-dividend date set for for August 5, 2021. The company's current dividend payout is $0.23, which equates to a dividend yield of 1.24% at current price levels.

Understanding 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. Most ex-dividend dates operate on a quarterly basis.

Lamb Weston Hldgs's Dividend Payouts And Yields

Over the past year, Lamb Weston Hldgs has seen its dividend payouts remain the same and its yields trend downward. Last year on August 6, 2020 the company's payout sat at $0.23, which has returned to its value today. Lamb Weston Hldgs's dividend yield last year was 1.35%, which has since decreased by 0.11%.
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 Lamb Weston Hldgs's previous dividends.