Halliburton's Ex-Dividend Date Is Tuesday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Halliburton (NYSE:HAL) announced a quarterly dividend of 16 cents per share, with the ex-dividend date set for Tuesday. Shareholders owning HAL stock by the end of Monday's session will be eligible for the dividend payout, which will be distributed on June 28, 2023.
June 01, 2023 | 2:47 pm
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Halliburton's ex-dividend date is Tuesday, and the stock will likely trade lower to reflect the 16 cents per share dividend payout.
Halliburton's stock will likely trade lower on the ex-dividend date as the market adjusts for the dividend payout. This is a common occurrence for stocks on their ex-dividend dates, as the stock price is adjusted to reflect the dividend distribution. Investors should be aware of this potential short-term price impact.
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