Albany Intl's Ex-Dividend Date Is Tuesday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Albany Intl (NYSE:AIN) announced a quarterly dividend of 25 cents per share, with the ex-dividend date set for Tuesday. Shareholders owning AIN by the end of Monday's session will be eligible for the dividend, which will be paid out on July 10, 2023.
June 01, 2023 | 2:50 pm
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Albany Intl's stock will likely trade lower on Tuesday due to the ex-dividend date, reflecting the 25 cents per share dividend payout.
Albany Intl's stock will likely trade lower on the ex-dividend date, as the stock price adjusts to reflect the dividend payout. This is a common occurrence for stocks on their ex-dividend dates, as the market adjusts the stock price to account for the dividend distribution.
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