Compass Minerals Intl's Ex-Dividend Date Is Thursday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Compass Minerals Intl (NYSE:CMP) announced a quarterly dividend of 15 cents per share, with the ex-dividend date set for Thursday. Shareholders owning CMP stock by the end of Wednesday's session will be eligible for the dividend payout, which will be distributed on June 20, 2023.
June 05, 2023 | 2:47 pm
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Compass Minerals Intl (NYSE:CMP) will go ex-dividend on Thursday, with a 15 cents per share quarterly dividend. Shareholders owning the stock by end of Wednesday are eligible for the payout on June 20, 2023.
The announcement of a dividend payout is generally a positive signal for investors, but the stock will likely trade lower to reflect the payout on the ex-dividend date. As a result, the short-term impact on the stock price is neutral, as the dividend payout is already factored into the stock price.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 100