Analog Devices's Ex-Dividend Date Is Friday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Analog Devices (NASDAQ: ADI) announced a quarterly dividend of 86 cents per share, with the ex-dividend date set for Friday. Shareholders owning ADI stock before the ex-dividend date are eligible for the dividend payout, which will be distributed on June 14, 2023.
May 30, 2023 | 2:47 pm
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Analog Devices' stock will likely open 86 cents lower on Friday due to the ex-dividend date. Shareholders owning the stock before the ex-dividend date are eligible for the 86 cents per share dividend payout.
Analog Devices' stock will likely open lower on Friday due to the ex-dividend date, as the stock price adjusts to reflect the dividend payout. Shareholders owning the stock before the ex-dividend date are eligible for the 86 cents per share dividend payout, which may impact the stock price in the short term.
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