Friday Is Your Last Chance To Buy Allspring Multi-Sector Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Friday is the last day for investors to buy Allspring Multi-Sector (AMEX:ERC) shares to be eligible for the next dividend payout of 6.54 cents per share. The stock will go ex-dividend on Monday, and the dividend will be paid out on July 3, 2023.
June 07, 2023 | 2:45 pm
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Allspring Multi-Sector (ERC) will go ex-dividend on Monday, with the stock likely to open 6.54 cents lower. Investors must own shares by the end of Friday to be eligible for the dividend payout.
The stock will go ex-dividend on Monday, which means it will trade lower to reflect the dividend payout. This will likely cause a short-term negative impact on the stock price as it adjusts to the dividend distribution.
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