Ross Stores: Dividend Insights
Portfolio Pulse from Benzinga Insights
Ross Stores (NASDAQ:ROST) announced a quarterly dividend of 33.5 cents per share, with the ex-dividend date set for Monday. Shareholders owning ROST by the end of Friday's session will be eligible for the dividend payout, which will be distributed on June 30, 2023.
May 31, 2023 | 2:48 pm
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NEUTRAL IMPACT
Ross Stores announced a 33.5 cents per share quarterly dividend, with the ex-dividend date on Monday. Eligible shareholders will receive the payout on June 30, 2023.
The announcement of the dividend payout is important for shareholders, but it is a regular event and does not have a significant short-term impact on the stock price. The stock will likely open lower on the ex-dividend date, but this is a normal occurrence and not indicative of a negative trend.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100