IDEX: Dividend Insights
Portfolio Pulse from Benzinga Insights
IDEX (NYSE:IEX) announced a quarterly dividend of 64 cents per share, with the ex-dividend date set for Thursday. Shareholders owning IEX by the end of Wednesday's session will be eligible for the dividend payout, which will be distributed on June 23, 2023.
June 05, 2023 | 2:46 pm
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IDEX (IEX) announced a 64 cents per share quarterly dividend, with the ex-dividend date set for Thursday. Eligible shareholders will receive the payout on June 23, 2023.
The announcement of a dividend payout is generally a positive signal for investors, as it indicates the company's financial health and commitment to returning value to shareholders. However, the stock price typically adjusts downward on the ex-dividend date to reflect the payout, resulting in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100