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Krispy Kreme's Ex-Dividend Date Is Tuesday, Here's What You Need To Know

Benzinga Real-time News ·  Jan 19, 2023 09:47

Monday marks the last chance for investors to receive the next dividend payout from Krispy Kreme (NASDAQ:DNUT).

What's Happening

The company announced on Thursday that it would pay shareholders a quarterly dividend of 3.5 cents per share. On Tuesday, Krispy Kreme will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 3.5 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 dateâ€"in this case, Tuesday. Shareholders who own DNUT as of the end of Monday's session are eligible to receive the 3.5 cents dividend payout for every share that they own.

According to the company, this dividend will be paid out to shareholders on February 08, 2023. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way.

Click here to find details on Krispy Kreme's previous dividends.

To keep track of which companies are distributing dividends, click here to visit our Dividends Calendar.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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