Tuesday marks the last chance for investors to receive the next dividend payout from Kelly Services KELYB.
The company announced on Tuesday that it would pay shareholders a quarterly dividend of $0.075 per share. On Wednesday, Kelly Services will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open $0.075 lower than it would have opened on any other day.
In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Wednesday. Shareholders who own KELYB as of the end of Tuesday's session are eligible to receive the $0.075 dividend payout for every share that they own.
According to the company, this dividend will be paid out to shareholders on June 09, 2022. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way.
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