PDC Energy: Dividend Insights
Portfolio Pulse from Benzinga Insights
PDC Energy (NASDAQ:PDCE) announced a quarterly dividend of 40 cents per share, with the ex-dividend date set for Wednesday. Shareholders owning PDCE stock by the end of Tuesday's session will be eligible for the dividend payout, which will be distributed on June 22, 2023.
June 02, 2023 | 2:46 pm
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PDC Energy's stock will likely open 40 cents lower on Wednesday due to the ex-dividend date for the 40 cents per share quarterly dividend.
PDC Energy's stock will likely open lower on Wednesday as it goes ex-dividend, reflecting the 40 cents per share dividend payout. This is a common occurrence for stocks on their ex-dividend date, as the stock price adjusts to account for the dividend payout. Investors who own PDCE stock by the end of Tuesday's session will be eligible for the dividend, which will be paid out on June 22, 2023.
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