Good read ( why you should not invest in this doggie) Don't Race Out To Buy B2Gold Corp. (TSE:BTO) Just Because It's Going Ex-Dividend
Readers hoping to buy B2Gold Corp. (TSE:BTO) for its dividend will need to make their move shortly, as the stock is about to trade ex-dividend. The ex-dividend date is usually set to be one business day before the record date which is the cut-off date on which you must be present on the company's books as a shareholder in order to receive the dividend. The ex-dividend date is important as the process of settlement involves two full business days. So if you miss that date, you would not show up on the company's books on the record date. Thus, you can purchase B2Gold's shares before the 10th of September in order to receive the dividend, which the company will pay on the 23rd of September.
The company's next dividend payment will be US$0.04 per share, on the back of last year when the company paid a total of US$0.16 to shareholders. Last year's total dividend payments show that B2Gold has a trailing yield of 6.0% on the current share price of CA$3.58. We love seeing companies pay a dividend, but it's also important to be sure that laying the golden eggs isn't going to kill our golden goose! As a result, readers should always check whether B2Gold has been able to grow its dividends, or if the dividend might be cut.