Thursday Is Your Last Chance To Buy CDK Global Before The Dividend Payout

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Thursday marks the last chance for investors to receive the next dividend payout from CDK Global CDK.

What's Happening

The company announced on Thursday that it would pay shareholders a quarterly dividend of 15 cents per share. On Friday, CDK Global will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 15 cents 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, Friday. Shareholders who own CDK as of the end of Thursday's session are eligible to receive the 15 cents dividend payout for every share that they own.

According to the company, this dividend will be paid out to shareholders on June 29, 2022. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way.

To read more news on CDK Global click here

Click here to visit our Dividends Calendar.

Posted In: DividendsBZI-ExDiv
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