Benzinga | Apr 6, 2021 10:14AM EDT

Ex-Dividend Date Insight: Ethan Allen Interiors

On January 25, 2021, Ethan Allen Interiors (NYSE:ETH) announced shareholders can expect to receive a dividend payable on April 22, 2021. The stock will then go ex-dividend 1 business day(s) before the record date. Ethan Allen Interiors, whose current dividend payout is $0.25, has an ex-dividend date set at April 7, 2021. The payout equates to a dividend yield of 4.12% at current price levels.

The Significance Of Ex-Dividend Dates

Ex-dividend dates are when company shares stop trading with their current dividend payouts in preparation for those companies to announce new ones. 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 Ethan Allen Interiors's Dividend Performance

Over the past year, Ethan Allen Interiors has experienced an overall upward trend regarding its dividend payouts and a downward trend regarding its yields. Last year on January 8, 2020 the company's payout was $0.21, which has since grown by $0.04. Ethan Allen Interiors's dividend yield last year was 4.37%, which has since decreased by 0.25%.

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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