Eutelsat Communications to Pay $0.17259 Cash Dividend Soon

Eutelsat Communications (OTC: ETCMY) stock goes ex-dividend on Thursday, November 17, 2022 ahead of the upcoming cash dividend payment of $0.17259 USD per share.

Ex-Dividend Date Explained

To determine whether or not an investor can expect to receive a dividend, they’ll need to look at two important dates – the “record date” or “date of record” and the “ex-dividend date” or “ex-date.” When a company declares a dividend, it sets a record date when you must be on the company’s books as a shareholder to receive the dividend. Once the company sets the record date, the ex-date is set based on stock exchange rules and other factors. The ex-dividend date for stocks is usually set one business day before the record date. If an investor buys a stock on its ex-dividend date or after, they will not receive that next dividend payment. Instead, the seller will receive the dividend. If the investor purchases before the ex-dividend date, they will get the dividend.

About Eutelsat Communications

Eutelsat Communications S.A. engages in the operation of telecommunication satellites. It provides video services, such as broadcast DTH, distribution, HD and ultra HD channels, and occasional use services; connectivity services; and Internet of Things and low earth orbit solutions. The company offers its services under the Eutelsat brand directly and through distributors. It operated 36 satellites in geostationary orbit. The company serves broadcasters, video service providers, companies, telecom operators, and government agencies in France, Italy, the United Kingdom, rest of Europe, the Americas, the Middle East, Africa, Asia, and internationally. The company was founded in 1977 and is headquartered in Issy-les-Moulineaux, France.

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