Nathan's Famous: Dividend Insights
Portfolio Pulse from Benzinga Insights
Nathan's Famous (NASDAQ:NATH) announced a quarterly dividend of 50 cents per share, payable on June 28, 2023. The stock will go ex-dividend on Friday, and shareholders must own NATH before the ex-dividend date to be eligible for the payout.
June 13, 2023 | 3:06 pm
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NEUTRAL IMPACT
Nathan's Famous announced a 50 cents per share quarterly dividend, with the stock going ex-dividend on Friday. Shareholders must own NATH before the ex-dividend date to be eligible for the payout.
The announcement of a dividend payout is generally a positive signal for investors, but the stock going ex-dividend means it will likely open lower to reflect the payout. This creates a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100