Some investors rely on dividends for growing their wealth, and if you’re one of those dividend sleuths, you might be intrigued to know that IDP Education Limited (ASX:IEL) is about to go ex-dividend in just four days. The ex-dividend date is one business day before the record date, which is the cut-off date for shareholders to be present on the company’s books to be eligible for a dividend payment. 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. Accordingly, IDP Education investors that purchase the stock on or after the 7th of March will not receive the dividend
Should Income Investors Look At IDP Education Limited (ASX:IEL) Before Its Ex-Dividend?
Published On - March 3, 2024
