friday marks the last chance for investors to receive the next dividend payout from petmed express pets the company announced on monday that it would pay shareholders a quarterly dividend of 30 cents per share on monday petmed express will go exdividend meaning the stock will trade lower to reflect that payout in other words the stock will likely open 30 cents lower than it would have opened on any other day in order to be eligible to receive a companys dividend shareholders must own the stock prior to the exdividend date—in this case monday shareholders who own pets as of the end of fridays session are eligible to receive the 30 cents dividend payout for every share that they own according to the company this dividend will be paid out to shareholders on june 12 2023 investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way to stay uptodate with the companies that are announcing their dividends click here to visit our dividends calendar