Pason Systems Inc. (TSE:PSI) stock is about to trade ex-dividend in 4 days. If you purchase the stock on or after the 15th of September, you won’t be eligible to receive this dividend, when it is paid on the 30th of September.
Pason Systems’s next dividend payment will be CA$0.05 per share. Last year, in total, the company distributed CA$0.20 to shareholders. Based on the last year’s worth of payments, Pason Systems stock has a trailing yield of around 3.7% on the current share price of CA$5.36. 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! So we need to investigate whether Pason Systems can afford its dividend, and if the dividend could grow.
View our latest analysis for Pason Systems
Dividends are typically paid from company earnings. If a company pays more