Linkbancorp: Dividend Insights
Portfolio Pulse from Benzinga Insights
Linkbancorp (NASDAQ:LNKB) announced a quarterly dividend of 7.5 cents per share, with the ex-dividend date set for Tuesday. Shareholders owning LNKB by the end of Monday's session will be eligible for the dividend payout, which will be distributed on June 15, 2023.
May 25, 2023 | 2:54 pm
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Linkbancorp's stock will likely open 7.5 cents lower on Tuesday due to the ex-dividend date. Shareholders owning the stock by Monday's end will receive the dividend payout on June 15, 2023.
The announcement of the dividend payout and ex-dividend date will not have a significant impact on the stock price, aside from the expected 7.5 cents drop on Tuesday. The dividend payout is a regular event for shareholders and does not indicate any major changes in the company's performance or outlook.
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