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Analyzing Quaker Chemical's Ex-Dividend Date

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On November 18, 2020, Quaker Chemical (NYSE:KWR) declared a dividend payable on January 29, 2021 to its shareholders. Quaker Chemical also announced that shareholders on the company's books on or before January 15, 2021 are entitled to the dividend. The stock will then go ex-dividend 1 business day(s) before the record date. The ex-dividend date for Quaker Chemical is set for January 14, 2021. The company's current dividend payout sits at $0.4, equating to a dividend yield of 0.61% at current price levels.

Understanding Ex-Dividend Dates'

An ex-dividend date is when a company's shares stop trading with its current dividend payout in preparation for the company to announce a new one. Usually, a company's ex-dividend date falls one business day before its record date. Investors should keep this in mind when purchasing stocks because buying them on or after ex-dividend dates does not qualify them to receive the declared payment. Newly declared dividends go to shareholders who have owned that stock before the ex-dividend date. Most ex-dividend dates operate on a quarterly basis.

Understanding Quaker Chemical's Dividend Payouts And Yields

Over the past year, Quaker Chemical has seen its dividend payouts climb upward and its yields trend downward. Last year on January 16, 2020 the company's payout sat at $0.39, which has since increased by $0.01. Quaker Chemical's dividend yield last year was 1.07%, which has since decreased by 0.46%.
Companies use dividend yields in different strategic ways. Some companies may opt to not give yields altogether to reinvest in themselves. Other companies may opt to increase or decrease their yield amounts to control how their shares circulate throughout the stock market.

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