Donaldson: Dividend Insights
Portfolio Pulse from Benzinga Insights
Donaldson (NYSE:DCI) announced a quarterly dividend of 25 cents per share, with the ex-dividend date set for Tuesday. Shareholders owning DCI by the end of Monday's session will be eligible for the dividend payout, which will be distributed on June 23, 2023.
June 01, 2023 | 2:45 pm
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NEUTRAL IMPACT
Donaldson's stock will likely open 25 cents lower on Tuesday due to the ex-dividend date. Shareholders owning DCI by the end of Monday will receive the 25 cents dividend payout.
The ex-dividend date will cause the stock to open lower on Tuesday, reflecting the dividend payout. However, this is a normal occurrence for stocks going ex-dividend and does not indicate a negative impact on the company's overall performance. Shareholders who own DCI by the end of Monday will benefit from the dividend payout.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100