MFS Intermediate IT's Ex-Dividend Date Is Tuesday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
MFS Intermediate IT (NYSE:MIN) announced a monthly dividend of 2.12 cents per share, with the ex-dividend date set for Tuesday. Shareholders owning MIN by the end of Monday's session will be eligible for the dividend payout, which will be distributed on June 30, 2023.
June 08, 2023 | 2:48 pm
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MFS Intermediate IT (MIN) will go ex-dividend on Tuesday, with a monthly dividend of 2.12 cents per share. Eligible shareholders will receive the payout on June 30, 2023.
The announcement of the dividend payout and ex-dividend date is important for shareholders of MIN. However, the short-term impact on the stock price is neutral, as the stock will likely open 2.12 cents lower to reflect the payout, which is a common occurrence for stocks going ex-dividend.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100