It looks like eXp World Holdings, Inc. (NASDAQ:EXPI) is about to go ex-dividend in the next four days. Typically, the ex-dividend date is one business day before the record date which is the date on which a company determines the shareholders eligible to receive a dividend. The ex-dividend date is important because any transaction on a stock needs to have been settled before the record date in order to be eligible for a dividend. Thus, you can purchase eXp World Holdings’ shares before the 10th of November in order to receive the dividend, which the company will pay on the 28th of November.
The company’s next dividend payment will be US$0.045 per share, on the back of last year when the company paid a total of US$0.18 to shareholders. Looking at the last 12 months of distributions, eXp World Holdings has a trailing yield of approximately 1.6% on its current stock price of $11.3. If you buy this business for its dividend, you should have an idea of whether eXp World Holdings’s dividend is reliable and sustainable. As a result, readers should always check whether eXp World Holdings has been able to grow its dividends, or if the dividend might be cut.
View our latest analysis for eXp World Holdings
Dividends are typically paid from company earnings. If a company pays more in dividends than it earned in profit, then the dividend could be unsustainable. eXp World Holdings is paying out just 16% of its profit after tax, which is comfortably low and leaves…
