Oz Minerals Ltd (ASX: OZL) has announced an interim dividend of $0.18/share
Oz Minerals Ltd (ASX: OZL) has announced an interim dividend of $0.18/share to be paid on March 11, 2022.
A dividend is a reward to an investor for investing their money into a publicly-listed company. It is a distribution of some of a company’s earnings to shareholders, as determined by the company’s board of directors.
Dividends can be paid at a scheduled interval such as monthly, quarterly or annually. The shareholder can decide to take the dividend in cash, or reinvest the dividend to buy more shares in the company.
Dividends can impact the price of the underlying stock in a number of ways.
Dividends are a major market signal for investors. If a company continues to pay higher dividends, shareholders are positive and the share price generally increases. If the company reduces or cuts its dividend, the share price might fall.
What is an ex-dividend?
An ex-dividend is a classification used to decide whether the dividend belongs to the buyer or seller. DHG goes ex-dividend on February 24, 2022.
Simply, if you own a stock before an ex-dividend date you will get the payment, but if you buy it later you will not receive the declared dividend.
When a stock goes ex-dividend the share price usually drops by the amount of the paid dividend to reflect that new shareholders aren’t entitled to the payment.
Read the full story
in the Grafa app
To read the full article and more in the Grafa app, available on all app stores.
Track the trends
Get the hot tips first
Stay close to your investments
Learn to trade like a pro
Let your money entertain you
See more stories like this
48% of businesses say they will not raise prices, primarily due to the desire to...read more
Of the smaller cryptos, these ones were the movers. Mirrored iShares Gold Trust rose 353.48%...read more
Of the middle-sized cryptos, these ones were the movers. Metacraft rose 66.39% to US$1.31, closing...read more