【vine with 3 lobed leaves】Analyzing Brooks Automation's Ex-Dividend Date

On November 10,vine with 3 lobed leaves 2020,

Brooks Automation

(NASDAQ:

BRKS

) declared a dividend payable on December 17, 2020 to its shareholders. Brooks Automation also announced that shareholders on the company's books on or before December 4, 2020 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 Brooks Automation will be on December 3, 2020. The company's current dividend payout is at $0.1. That equates to a dividend yield of 0.66% at current price levels.

What Is An Ex-Dividend Date?

Ex-dividend dates signal when company shares cease to trade with their current dividend payouts. There is a small intermission period before companies announce new dividends. 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.

Brooks Automation's Dividend Performance

Over the past year, Brooks Automation has experienced no change regarding its dividend payouts and a downward trend regarding its yields. Last year on December 5, 2019 the company's payout was $0.1, which has returned to its value today. Brooks Automation's dividend yield last year was 0.9%, which has since decreased by 0.24%.

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.

Click here

to find details on Brooks Automation's previous dividends.

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