Richmond Mutual Bancorp's Ex-Dividend Date Is Wednesday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Richmond Mutual Bancorp (NASDAQ:RMBI) announced a quarterly dividend of 14 cents per share, with the ex-dividend date set for Wednesday. Shareholders owning RMBI stock prior to the ex-dividend date are eligible for the dividend payout, which will be distributed on June 15, 2023.
May 26, 2023 | 2:47 pm
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Richmond Mutual Bancorp's ex-dividend date is Wednesday, and shareholders owning the stock prior to this date are eligible for a 14 cents per share dividend payout.
The ex-dividend date is an important event for shareholders, as it determines their eligibility for the dividend payout. However, the stock price typically adjusts to reflect the dividend payout, so the short-term impact on the stock price is neutral. The news is highly relevant to RMBI shareholders and important for dividend investors, but the short-term price direction is neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100