Ex-Dividend Date Insight: First Interstate BancSys

Comments
Loading...

On July 27, 2021, First Interstate BancSys FIBK announced shareholders can expect to receive a dividend payable on August 19, 2021. The stock will then go ex-dividend 1 business day(s) before the record date. The ex-dividend date for First Interstate BancSys will be on August 6, 2021. The company's current dividend payout is at $0.41. That equates to a dividend yield of 3.9% at current price levels.

What Is 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. Most ex-dividend dates operate on a quarterly basis.

First Interstate BancSys's Dividend Payouts And Yields

Over the past year, First Interstate BancSys has seen its dividend payouts climb upward and its yields trend downward. Last year on August 6, 2020 the company's payout sat at $0.34, which has since increased by $0.07. First Interstate BancSys's dividend yield last year was 4.46%, which has since decreased by 0.56%.
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 First Interstate BancSys's previous dividends.

Overview Rating:
Good
75%
Technicals Analysis
100
0100
Financials Analysis
60
0100
Overview
Market News and Data brought to you by Benzinga APIs
Ex-Date
ticker
name
Dividend
Yield
Announced
Record
Payable

Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!