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It Might Not Be A Great Idea To Buy Cibus Nordic Real Estate AB (publ) (STO:CIBUS) For Its Next Dividend

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It looks like Cibus Nordic Real Estate AB (publ) (STO:CIBUS) is about to go ex-dividend in the next three days. The ex-dividend date is one business day before the record date, which is the cut-off date for shareholders to be present on the company’s books to be eligible for a dividend payment. The ex-dividend date is important because any transaction on a stock needs to have been settled before the record date in order to be eligible for a dividend. This means that investors who purchase Cibus Nordic Real Estate’s shares on or after the 21st of May will not receive the dividend, which will be paid on the 31st of May.

The company’s upcoming dividend is €0.08 a share, following on from the last 12 months, when the company distributed a total of €0.89 per share to shareholders. Calculating the last year’s worth of payments shows that Cibus Nordic Real Estate has a trailing yield of 5.2% on the current share price of SEK183. Dividends are a…

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