During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
At the end of today, November 21, 2023, Heritage Commerce (NASDAQ:HTBK) will distribute a dividend payout of $0.13 per share, translating to an annualized dividend yield of 6.52%. Shareholders who held the stock before the ex-dividend date on November 06, 2023 will benefit from this payout.
By the close of today, November 21, 2023, Kennametal (NYSE:KMT) will issue a dividend payout of $0.20 per share, resulting in an annualized dividend yield of 3.53%. Only those investors who owned the stock prior to the ex-dividend date on November 06, 2023 will receive this payout.